Start-Up Cost: $1,000–$3,000
Potential Earnings: $60,000–$250,000
Typical Fees: Commission-only is standard and ranges from 5 to 25 percent
Advertising: Email, phone calls, search engine advertising, referrals
Qualifications: Experience with an advertising agency or as an advertising media sales representative
Equipment Needed: Basic office equipment, business cards, letterhead
Potential Home Business: Yes
Staff Required: No
Disabled Opportunity: Yes
Hidden Costs: Expect high phone bills and mileage costs
Lowdown: With more specialized Internet cropping up, there are new client opportunities opening up every day. This business must be built on experience in the field, but if you are clever, almost any kind of direct sales experience could be enough to get you going. Your expertise lies in matching the need to the availability. If you know how, you can sell media space in any kind of media from magazines to the Internet.
Your job is to find a buyer at a good price that might never have discovered this advertising venue unaided. You’ll need contacts and experience to make a success of this enterprise, but room exists for the independent representative and many earn $200,000 or more. Much depends on the media you’re selling ad space for. For instance, if you’re selling ads in a trade journal or well-known national publication or website, your income will be quite high. However, if you’re selling ads for a community newspaper or website, your income may reach its peak at $60,000.
Start-Up: Email and the phone are your primary tools. You may need to buy access to some business directories and periodical advertising directories. Expect a $1,000 to $3,000 initial start-up cost for this business.
Bottom Line: If you love selling, this is selling in its purest form. No limitations bind you to one focus, one time, or one perspective. Businesses need to advertise, and finding space for their commercial messages can be a real challenge. Your services are the perfect answer to their needs. The same old way of doing things will be your biggest hindrance. Established agencies are your competitors, and you will need to market your services vigorously.