GMGT 1010 Lecture Notes - Lecture 79: Nintendo Entertainment System, Ebay, Affiliate Marketing

• School: University of Manitoba
• Department: General Management
• Course: GMGT 1010
• Professor: Brock V.Cordes

Document Summary

Include writers, consultants, video producers, architects, and bookkeepers. Many home-based businesses are owned by people who are trying to combine career and family. In setting up a home-based business, you could expect the following major challenges: The internet has sprouted a world of small web-based businesses that sell everything. These small businesses compete with other small businesses as well as large web-based and bricks-and-mortar businesses. Web-based businesses have to offer more than the same merchandise customers can buy at stores they must offer unique products or services. One of the easiest ways to start a web-based business is through affiliate marketing. Affiliate marketing: an internet-based marketing strategy in which a business rewards individuals or other businesses (affiliates) for each visitor or customer the affiliate sends to its web site. Not always a fast road to success, sometimes a shortcut to failure. Entrepreneurship in a large organization is often reflected in the efforts and achievements of inrapreneurs.