SamDob's Internet Business Site
Internet businesses have become the lifeblood of many people today. With so few traditional jobs available, and so many people struggling to meet monthly expenses, many are turning to the internet, and focusing their efforts on web-oriented business ventures. The beauty of working online is that participants are not limited to one specific form of business, but rather can try different things until their own proven success stories are discovered. And that brings us to another important point. There is no right and wrong on the internet as far as business models are concerned. Web entrepreneurs can dabble in hobbies or work full-bore on full-time endeavors, and there is always room for one more business model. As a result of this flexibility, online businesses are found in many shapes, sizes and configurations.
Indeed, the first thing that comes to mind when considering an online business is building a website and promoting one's own product or service. And while millions of people do start this way, it is not the only path to a successful online business. Specifically, each micro-section of the internet can become a business of its own. For example, experts in a particular field in traditional workplaces become online business consultants in the same field, but learn to deal with people globally through the internet. Others learn new trades and find niches in which they are able to drum up a considerable amount of business to support themselves and their families. By watching current trends and keeping one's eyes and minds open to new concepts, opportunities continually appear. The internet is a very fast paced, dynamic arena, and for those individuals that pay close attention, a new online business can be formed rather easily.
One caution everyone should heed at this point is that when we use the word "easily", we do not mean that internet businesses are get-rich-quick schemes. We are not saying or even implying that individuals will jump into an online endeavor and have their much-needed mortgage payment tomorrow. What we are saying is that the business itself is easy to launch with relatively little expense. Whereas other ventures require inventory, retail space, employees, permits and licenses, and a host of other considerations, it is possible and realistic to start an online business with no money. And we will discuss how this is done further down in the free blog section.
Aside from consulting, thousands of people flock to auction and classified type sites. When the economy is tough, everyday people try to get rid of their stuff. Physical garage sales are still popular but now anyone connected to the internet can sell their unwanted goods to others online. This adds a little extra money to the household budget and for those who are real eager, they begin to buy and sell in larger volumes creating themselves a nice online business.
And do not forget that all these people online conducting business not only need consulting help, but they are looking for talented individuals to create their brands, design websites, make logos, install scripts, setup payment processing, and build databases. There is really no end to the type of business and work available on the internet. People can even outsource their sales to you. Unlike the demands of a bricks and mortar enterprise, other than your customers, no-one dictates how and when you complete your online business duties.
Further, once you decide upon a certain type of business website, you then may need help to fill it up with content. And if you scour forums, freelance job boards, and anywhere people can post their information, you will find hundreds, if not thousands of individuals who are more than willing to ghost-write articles, ebooks and promotional materials for you. So, as you start your business, you are helping to keep others in business because you contract them to assist with your projects.
In addition to selling one's own products or services, there are several ways on the internet in which you can tie in with other companies and promote their products for a commission. This can be quite lucrative if you focus and refine your business model. Once you uncover the secrets that work for you, then it is only a matter of repeating what you have learned on a larger scale. To do this, you align yourself with one of three different ventures called Affiliate Marketing, Cost-Per-Action (cpa), or Pay-Per-Click Revenue (ppc). Following, are brief definitions to make it easier to understand the concepts.
Affiliate Marketing (AM) can be large companies that you know or even smaller online business ventures who encourage you to help them promote their products. So let's say you are interested in traveling and you write articles or have a forum where travel lovers congregate (. You might add some banners or link ads to promote a chain of hotels. The company whose product you promote will send you a commission, normally a percentage, for the sale. Usually, these types of deals are administered through a network and when you are approved as an affiliate, the network is the go-between for the affiliates and the companies.
CPA is also administered through networks and generally you are called the publisher and and the company whose product you promote is called an advertiser. In the same way you earn commissions for affiliate marketing, you also earn commissions for cost-per-action deals. The difference here, though, is usually CPA is a set rate. For example if you get someone to take a free trial for $3.00, you might get in return $25.00 for making the sale happen. You see, the company banks on the fact that the customer will return and take a membership or buy a bigger quantity, so you are paid up front for that possibility. In AM, you get paid a commission every time someone buys, but in CPA, you get paid upfront on that one customer. Further, CPA does not always include a product. It can be lead generation only and you are paid for your users submitting legitimate email addresses, to whom the advertisers will send information about their products.
PPC is a situation whereby you are paid when your users click on pre-determined ads on your website. The most visible and well-known program is Google AdSense. Google's advertisers create little ads which are served on your website, then when someone clicks on the ad, you (the publisher) get paid a portion of the advertising fee to Google. But in this scenario, you have no idea how much you will be paid. The rates are secret to Google and the advertisers. You take your chances and earn what you get.
Once you decide what method of business interests you, and you have your website or business model in place, you then need to promote your website through link building, as well as on-site and off-site search engine optimization (SEO). And this brings us to another branch of internet business. Quick searches of forums, freelance boards, and search engine results will provide thousands of individuals and companies who love to help with SEO. In a nutshell, your website must be agreeable to search engines, both through various uses of code on the website itself, and through linking to the website throughout the internet with relevant keywords.
Another way to make money online and start an internet business is through domain name portfolios. In the beginning of the internet, individuals bought domain names "on spec" with the hopes that the names would be resold for large sums of money. And while not all are million dollar names, it is still a viable business if you can buy a name for $10 and sell it for $50. Do this in volume and you have a nice little side business. Likewise, people hold large portfolios of domains to earn the revenues from domain parking which is a form of PPC revenue we discussed earlier.
Lastly, as we promised earlier in this article, we are going to explain how to start with zero money. The way to be up and running quickly and easily is through free blogs. Before we explain, though, please be aware that we are not talking about free hosting, and for various reasons, we do not recommend that anyone get into a web business by the free hosting method.
What we are talking about here are free blogs, where a domain and hosting are not required. Basically within a half-hour, you can be signed up and writing to your blog with little effort, although there is a small learning curve. But, the free blog that we do recommend is Blogger. First, it is owned by Google, so chances are it will be around for a while, plus its server has little downtime. Second, once you get going with Blogger, you can buy your own domain name and build your business, hosting it for free. Then, as you feel you need to expand again, you take all your files, exporting everything to a back-up file, and you set your domain name up on your server with all the files, and your business expansion should be a relatively smooth transition.
Without doubt, there are as many online business models as there are web entrepreneurs. The key is to focus and find the internet method that works best for you.