Dien Rice
July 27, 2014, 07:01 PM
If you have a commercial website, or are planning to create one or more commercial websites, one of your goals is (obviously) to make money...
If you want to maximize the chance of making money, it makes sense to have multiple ways to bring in the dollars!
Why? The reason is because you can't always predict which way will work best. For example, you might have pay-per-click ads on your site, as well as your own information products you sell for profit. Which will make you more money? The only way to really know is to test it...
Therefore, it can be valuable to have a list of all the ways that different websites make money online.
Here is such a list! (With examples.)
How can you use it? Well, you can go through it, and note down which of these "online business models" could potentially apply to your own website and target market... Then, make it happen!
Here's the comprehensive list of "online business models" which you can look through...
Online Business Models (with an example listed for each one)
https://gist.github.com/ndarville/4295324
Don't overdo it so you lose your focus... But having more than one way of making money from your business project is often wise, since you'll often find you'll make more money from one of those ways, compared to the other ones... However, it's often hard to predict which approach will be the most successful beforehand, so try more than one.
Best wishes,
Dien
If you want to maximize the chance of making money, it makes sense to have multiple ways to bring in the dollars!
Why? The reason is because you can't always predict which way will work best. For example, you might have pay-per-click ads on your site, as well as your own information products you sell for profit. Which will make you more money? The only way to really know is to test it...
Therefore, it can be valuable to have a list of all the ways that different websites make money online.
Here is such a list! (With examples.)
How can you use it? Well, you can go through it, and note down which of these "online business models" could potentially apply to your own website and target market... Then, make it happen!
Here's the comprehensive list of "online business models" which you can look through...
Online Business Models (with an example listed for each one)
https://gist.github.com/ndarville/4295324
Don't overdo it so you lose your focus... But having more than one way of making money from your business project is often wise, since you'll often find you'll make more money from one of those ways, compared to the other ones... However, it's often hard to predict which approach will be the most successful beforehand, so try more than one.
Best wishes,
Dien
