The internet is the greatest money machine in these days.
Google, Yahoo, Amazon or Ebay have achieved a higher market
capitalization than many traditional brick and mortar companies.
Google has grown within a few year to a value of more than $77
billions.
How is most of the money made?
The big search engines make most of the money with advertisement
revenues. Google Adwords and Overture are the leading cash
machines. Other search engines and directories also rely on
advertisement revenues. The higher their Google Page Rank, the
more often they demand fees for directory listings. DMOZ is the
only directory with a top Page Rank, where a listing of a
website is free of charge. It is, however, almost impossible to
get listet at the Open Directory Project.
Other big players benefit from the internet as market place.
It's a viable business to provide good and reliable payment
services for the millions of internet merchants. Clickbank,
Paypal, Stormpay and others are great in this business and make
their money with getting fees from their services.
A lot of followers also benefit
This great market place has attracted a lot of other
participants. They benefit, because the internet community still
grows. They offer books, music, travel booking, retail shopping
and much much more. Already established brands have a great
advantage if they join the internet market place. Many users
type in automatically the names of big brands, if they are
looking for something.
How can a small or home business benefit?
The above mentioned companies have been lucky because they have
started as pioneers from scratch in an early stage of the
internet or they have been backed by an already prominent brick
and mortar firm.
It seems that the best places are already occupied. Newcomers
have to find niches and new opportunities. A lot of website
owners try to promote goods as affiliates. They do not need to
invest much money. The best way is to sell a good that just can
be downloaded. No warehouse and shipping are needed. New
opportunities to make an extra income evolve, e.g. getting paid
for taking surveys or reading ads. There are no limits for
innovations.
What has to be considered?
* Ask yourself, what you can do best, how you can use your own
skills in the internet business.
* Research a marketing
niche that looks promising. * Write a small business plan.
* Limit your own investments.
* Research, what you can get
for free or for low costs for your business.
The conclusion of all is: Do the right things right! Try it at
least!
About the author:
Lil Waldner is a business economist. She is experienced in
project management and marketing. She has worked as editor of
newspapers and she has written booklets and essays with economic
and public issues. Visit the web site:
Make Money Tip
