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Internet
business models encompass
various strategies for companies
to generate revenue online.
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Solo interpreneurs,
bloggers, and companies can choose different
models, including content-centric,
product-centric, service-centric, or
process-centric approaches. The choice of model
depends on the specific business and its goals. |
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Social Media
Marketing (SMM)
SMM refers to the
process of brand marketing and
gaining website traffic or attention through
social media sites.
Affiliate Marketing
Affiliate marketing is selling the products
or services of another company online and taking
a commission on the sale. |
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Many of popular Internet
business models can be combined
or varied. Experiment with all
or some of them to develop your
own unique winning combination.
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Premium Subscriptions
Premium Subscription is about charging a
subscription fee for delivery provides a
predictable income. It can take the form of a
premium members only community, a premium email
list, website with access to content, tutorials,
support, and more.
Freemium
Freemium is a pricing strategy by which a
product or service (typically a digital offering
such as software, media, games or web services)
is provided free of charge, but money (premium)
is charged for advanced features, functionality,
or virtual goods.
Contextual Advertising
The
ads are served through a third party and are
matched based on the content of your website or
web page in which the advertisement appears.
This revenue model requires little work. Your
just add and modify a code of an existing web
page. A third party will do all of the selling,
billing and fulfillment for you.
Direct Advertising
This
is the most traditional method which involves
selling ad space directly to businesses on a
monthly, impression based, or other direct
agreement.
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Learn from Your Competitors
Study your competitors from
their website through their
sales process, including their
past and ongoing marketing
strategies, customer engagement,
e-commerce, and customer
retention practices so you know
what works in your target
market.
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