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what differential an income streams and a real business is data..
income streams are what you do that gives you money when you do that particular thing and it's not realiable..
why because you don't own the customers Data..
you only Making Money from this kind of business when you run ads on social media and other platforms.
why a real business are those one that You own a your customers data and you can sell to them at anytime.
Example of those dates are;
- Customers Emails:
you can get your customers emails be running a quiz on your brand website or you give a freebie to acquire this data..
2 Phone numbers.
if you're running a e-commerce business when people want to order for anything you can asked them to fill their numbers to you..
this enable you to get to them anytime you want and you can sell to them without spending money on advertising.
3 Create a community.
Thise is one of the great Way to own your customers Data..
creating a group or community for your brands.
do you know why cryptocurrencies Niche is the biggest values Niche is because of how they be able to create community for any Crypto project and coins
4 Retargeting
yeah this is a very important for people on the paid advertising Niche.
this enable you to target people that visit your website anywhere in the internet..
you can follow anybody that visit your website and sell to them through Retargeting.
SEO.
this means search engines optimization.
this enable you to rank your website on search engines and get traffics from the web.
it's a very powerful method of advertising.. it's one of the inbound marketing marketers use to generate sales and leads to their business and clients.Website and app.
creating a website and app can make you run a sustainable business and own your customer and sales to them when you want. are the major brand in the world have their own website and app.
where their customer go to..
that's all for now.. more way to own your customer so you can create a sustainable business will be drop..
thanks for reading.