If you wish to be live in this killer competition then you have to find your target & interest based market. Do in-depth study on that targeted market.
Analyze market demand of your desire product & also use google to see the demand of your targeted product in market.
Once you do that then go for niche that has high demands & low competition.
Block 2 - Choose Your Passion.
You have to select target market on the basis of your passion & interest.
You can easily grab that market because you put your best efforts and try to achieve your goal.
Keep in mind that you spend most of your time for your business website. Spend time in developing strong content for site, product development & also satisfy your customer with strong service support.
If your business or selection of target market is not as per your passion then it's very difficult for you to run & earn profitable income from it.
Block 3 - Design a Simple but Killer Website.
Make your site simple, fast & decent. Don't spoil with unwanted graphics, flash & heavy design. Once your site is simple & decent then your customer automatically attract towards your site.
Block 4 - Stunning Website Copy.
You have to create copy of site that gives you more business. What you can do, don't make copy that only tells about you & your company. You should provide valuable informative content on your site to attract your visitors.
Earn trust of your visitors and make ensure them to join with you. Put your best effort to convince them to buy your products.
Offer attractive bonus & discount to sell your products.
Let them clear their doubts about your products and service then only ask for credit card or payments. Don't ask immediately.
Block 5 - Traffic, Traffic and More Traffic.
Once your site is ready for market then you just have to pull traffic towards your site. Use some tricks like article writing technique, login in forum discussion, go for pay per click business, do offline promotional, etc. Apply few techniques to get heavy traffic on your site.
Block 6 - Make Money at the Backend.
Main aim of based business home Internet is to earn killer money.
Apply various tactics of different gurus to sell quality product at low price. First offer law range product to your customer and once he will get satisfied then offer higher range product.
You can attain this trick on existing customers with the help of auto responder.
Apply above 6 formula honestly & you can see 1000$ in your pocket very soon.