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Alternatives are just a click away. âFacebook is in a pickle," said Donna Hoffman, co-director of the Sloan Center for Internet Retailing at the University of California at Riverside. âThe advertising broadcast model is dead wrong for this medium ... Facebook stock dive revives business-model debate
Internet based business models are a popular theme on web pages. Many people want to make money from the internet and , in order to do so, must understand the operations of internet based business. While there are a lot of discussions on the larger theories surrounding this hot topic for businessmen and economists, this article with provide several example of internet based business models to help you narrow your search for the business that best suits you.
1. Auctions. Auction sites are based on one of the oldest business models known to man: brokering. Perhaps millions of years ago, in a cave no unlike the houses we live in today, one cave man had a valuable fish to sell and two cave-people from the next town over competed to see which would earn the fish. In our modern age, you might have items to sell and people will place internet bids to win the chance to buy your item.
Many larger businesses provide the auction site and you simply provide the goods.2. E-Commerce. E-commerce is much like the commerce you might see at your local grocery store, but is handled virtually, online. With this internet based business, you would set up a webpage to act as your store. On your page, you would advertise your products and people would utilize a virtual shopping cart to buy them. This model can be time intensive if your product shifts frequently, or can operate independently once your site has been designed and launched.
3. Advertising. An advertising based business model might see you doing any number of activities to earn money. You might write advertisement for other websites and earn commission when those advertisements lead to sales. You might allow other sites to place their own advertisements on your page, either earning rent or a commission.
Some businesses are hired by other businesses to post on blogs and networking sites about events, opportunities, or products.4. Network marketing. Network marketing encompasses any number of smaller business enterprises. This business model requires hard work and persistence, and your income might initially depend on the contacts you make and alliances you form. Providing a valuable service and inspiring many other people to join you in your efforts to provide that service could provide you with even tertiary forms of income.
5. Article marketing. This internet based business model suits people who enjoy writing, even if they did not receive classical writing training. Anyone with a computer can delve into the business of writing articles. Some writers prefer to stay freelance or to go into business for themselves. Others prefer to write for article companies, receiving only a percentage of the article profits but enjoying a steady stream of assignments. Either way, this internet based business is growing in response to growing demand for interesting and unique internet content.
These business models are very general, and hundreds more exist. The most important thing for any internet base business to have is a model that provides a plan for growth and return on investment.
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