Blog Entrepreneur: Blogging Is The Perfect Internet Business

Copyright 2006 Angela Booth

If someone were to tell you that you could create a global business, completely for free, with nothing more than the tools you already have, and the investment of your time, you’d question their sanity.

Nevertheless, it’s true. If ging appeals to you, you can create a viable within a few months: for free.

ging is a new in online businesses. Essentially, it’s instant publishing. Because entrepreneurial ging is so new, you have a great opportunity to build your business before others copy what you’re doing, so get started now, and start building your own online empire.

Let’s look at five business models for your new Internet ging business. These five models can be combined if you wish – there are no rules in ging. You can change the business model of a at any time, to a model which generates more income.

Each of these models has the potential to earn you a six-figure income. They are:

• (s)

• publisher (s)

• Sales (s)

• Service (s)

• network(s)

Let’s look at these models one by one.

(s)

Many businesses develop affiliate programs, because they can recruit a sales force of thousands of people, with little expense. The appeal of affiliate programs for affiliate marketers is that you don’t need a product or service – you can start selling others’ products, on commission.

If you intend creating an , select the products that you’ll be selling before you create the . This is because you want to be sure that there is a wide range of products that you can promote. There’s nothing worse than developing a , and finding out that the well is dry: you’ve picked a niche where products rarely change, and in which the products are so standardized that there’s nothing new to write or podcast about.

publisher (s)

In this model, your is the online equivalent of a magazine. Just as a magazine has features and advertising, so does your . In this business model, your content is vital, because you’re counting on your content to attract advertisers.

If you choose to develop a publisher , you’ve got great models – the thousands of magazines which are published each year. Check out a couple of your favorite magazines. Usually a monthly magazine will have a theme for each monthly issue, with two or more stories devoted to this theme. The magazine publishes its editorial calendar a year in advance, so that advertisers can line up their advertising for a specific issue.

Sales (s)

In the sales model, you devote a to a single product, or range of products. When offline companies start s, their s are sales s – they’re using their s to sell their products. If you have products that you want to sell, a sales is an excellent business model. You could sell a product that you’ve created – an ebook, a DVD, or art work – or products that you buy from others, and resell.

If you’re already running a business, you could start an entrepreneurial to act as the marketing arm of the business.

On the other hand, if you don’t have a business, look into having products created for you, or buy products which you can resell on your . Look in your local Yellow Pages for manufacturing companies: you may be able to find products that you could resell at a profit. Of course, there are many wholesaling companies online, but the benefit of dealing with a local supplier is that you can inspect the products that you’re selling, to ensure quality. Your shipping costs will also be low, resulting in more profit for you.

Service (s)

While the sales sells products, the service sells services. If you have a service that you sell, then you could create a to generate customers for your services. Or, you could sell the services of other people, via a .

If you’re selling a service, you know that it’s hard to differentiate yourself from the thousands of others who are selling the same service. A is a way to do that. If you’re a dance coach, for example, you’ve got plenty to write about. You’ll attract lots of new business, and you can bring in additional income when you solicit your equipment suppliers to advertise on your .

network(s)

networks are groups of publisher s formed into a network. There can be half a dozen, or hundreds, depending on the ambitions and interests of the owner of the network. networks usually derive their income from advertising.

If you want to develop a network, your aims will be to: develop a mission for the network, as well as a clear idea of where and how you’ll add s to the network, and where and how the revenue stream will be built.

So, there you have it. Five different business models for your -based . Now all you need to build your new is enthusiasm, inspiration, and time.

Resources:

Similar topics: , Internet Entrepreneur, , Online, , ging, , ging For Money, , Publisher, Business Models

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Brad Jensen

Brad is a graduate student working on his Masters Degree in Business management. His specialty is analysis.
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