2006-10-23 23:26:56 · 6 answers · asked by ali r 1 in Business & Finance ➔ Small Business
The Web offers tremendous opportunities for those who know how to harness it. You hear of stories of people who earn thousands if not millions of dollars from doing business on Web. While there are many scams (same way in the traditional business world), there are various ways you can legitimately make money on the Web.
Here are the main ways you can earn money from the Internet:
1. Sell products on the Web - Big boys like Amazon or Lillian Vernon online catalog or smaller businesses like BigKidsVideo.com or Candle4Less.com all sell products on the Web.
You can either sell: (a) through your own storefront through your own website or applications such as Yahoo Stores; or (b) sell through online auctions like eBay
http://www.ebay.com
http://auctions.yahoo.com/
http://www.overstock.com
http://www.amazon.com
http://www.ubid.com
http://www.liquidation.com
2. Information Delivery. Others such as About.com or EuropeforVisitors.com create content and monetize their content in a number of ways:
a. Advertising - there are several ways you can earn money from advertising:
1. Join an advertising network. Advertising networks are organizations that aggregate Web sites that offer advertising space, and sell banner ads (and other advertising options) across them. Traffic requirement is often a minimum of 5,000 monthly impressions, although many do not accept sites hosted by free page services.
Burst Media http://www.burstmedia.com
Fastclick (ValueClick). http://www.fastclick.com
Advertising.com. http://www.advertising.com
Tribal Fusion http://www.tribalfusion.com
2. Participate in contextual advertising networks. Contextual advertising are text ads delivered based on the content of the web page using an automated system.
Google Adsense https://www.google.com/adsense/
Yahoo! Publishing Network (currently in beta and available to US publishers only) http://publisher.yahoo.com/
Intellixt http://vibrantmedia.com/site/web_01a5.htm
Quigo Adsonar http://www.quigo.com/adsonarexchange.htm
IndustryBrains http://www.industrybrains.com
Commission Junction Evolution http://www.cj.com
Kanoodle Brightads http://www.kanoodle.com/about/brightads.html
Clicksor http://www.clicksor.com/affiliate_programs.php
Contextweb http://www.contextweb.com/
Bidclix http://www.bidclix.com/
Bidvertiser http://www.bidvertiser.com/
3. Sell advertising for your site directly. This is admittedly a more difficult route for a small business site wanting to earn advertising revenues. But hey, as they say: "no pain, no gain!"
b. Affiliate Programs - you sell other people's products that your audience may be interested in; and you get a certain commission after the desired action was done (whether a sale, a lead, subscription to email newsletter, or however this is defined)
c. Paid online content. Hoovers.com or WebmasterWorld.com Supporters forum all require paid subscription before accessing the information
d. Content licensing and syndication. Some publishers such as the Associated Press get paid every time their content is published elsewhere
2006-10-23 23:36:16 · answer #1 · answered by imisidro 7 · 0⤊ 0⤋
Starting an online business is not a greattttttt thing!!! But making it profitable is the real challenge.It involves a lot of market research, product development, marketing,advertisement campaign, customer support etc. that too you have to manage within a tight budget. So I think as a beginer one should start his online business career as a Affiliate marketer.The main advantage is that -suppose the product you are promoting is not selling well due to some reason, you can drop that product & sell something else.That means you can change your strategies at any time according to the demand in the market. In short as an affiliate you are essentially a free-lance marketer who is not bound by long-term contracts.
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http://SuperAffilliateHandBook.notlong.com
2006-10-23 23:35:21 · answer #2 · answered by pradip k 2 · 0⤊ 0⤋
Well this all will depend on what sector you desire to enter. Do you desire so provide shops with products? If so that is wholesaling, you import it and mark it up and wholesale it to retail shops that then retail it to the buyer. If that is what you desire to do you need to decide on a sector, and end up aware of it. Do you desire to provide giftware, apparel, hardware, some thing else? Sounds such as you desire aid deciding on that. I endorse watching on the industry element of your newspaper, see what they are reporting on. Go round your town, appear round, see what is booming and what is now not. Try to look what's more likely to develop. Then you ought to uncover the products, import it, take it to the firms strolling, or cross to alternate indicates. Then construct up a buyer base from that. I discover that is very so much common recommendation however do not forget it. My extra unique recommendation might be to check out to promote UK made items. Seems the marketplace, no less than for more youthful humans, goes inexperienced. Local is inexperienced. I'm certain the UK could make merchandise for it is possess humans because it has for enormous quantities of years earlier than boat transport grew to be so typical. Plus you will be ready to call for a better top class for the items. Also natural meals, an extra factor you might spice up within the UK appear to be developing, as I take into account they are the one meals sector that IS developing, and humans can receives a commission quite quite for them. Locally grown meals additionally appear to be developing in repute right here in Canada, and I'm certain the equal factor might be widespread over there. People appear increasingly pissed off that their meals comes on a ship or truck, it approach it is not recent in any respect. So yeah, do not forget UK made items, probably meals, in particular natural meals. But as good consider to diversify, $500 000 is plenty, make investments accurately.
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2006-10-23 23:34:44 · answer #5 · answered by Peter M 2 · 0⤊ 0⤋
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2006-10-23 23:31:07 · answer #6 · answered by Anonymous · 0⤊ 0⤋