Internet Marketing: Business Model Template

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Hello,

I am new to the Forum and thought I would make my introduction by offering a Business Model that I created for Internet Marketing Professionals. I am relatively new to Internet Marketing but, I have been involved in Business for many years, mainly offline stuff. All of my experience has taught me no matter what Industry you are in, if you focus on Value Creation the income will follow with the right Strategy and Business Model in place.

I spent the last year learning about Internet Marketing in particular and I made it my focus to answer the two following questions:

1. Can massive amounts of money be made in Internet Marketing like some Gurus claim?
2. Exactly how do they go about doing this?

I was able to verify that the answer to the first question above is absolutely.
The second question has led me on a journey. This journey has spurred me to create a methodology and template for others to follow.

Business Building has two distinct and different parts. One is the Planning Phase and the other is the Execution Phase. In Internet Marketing their is so much opportunity that many people are so concerned with taking action that they forget to set there sights on where they are heading. Big Mistake.

From my research most 7-figure a year IM'ers have a variation of something called a Freemium Business Model that they use to execute their Strategy. They have a core offering that is free of charge software, ebook, exclusive website, etc. They then present an upgraded/improved version for a fee. This combination is deadly and provides significant value to the world in the form of free information, software or services. This may sound complicated and without help it will be but, if you really want to start a 7-figure a year business you need to do something that creates real tangible value for others. 7-figure a year businesses don't just happen they are designed and built for a purpose that helps other people achieve something they want or need.

Planning a business that is capable of producing 7-figures annually doesn't happen when you copy & paste a how-to product. It begins with your Purpose for starting a business and leads you through a process whether you realize it or not.

Planning Process for creating a 7-figure a year IM Business:

1. Define your Purpose.
2. Establish your Mission.
3. Create a Vision of the Future.
4. Develop your Strategy.
5. Design your Business Model.
6. Write your Business Plan.

Each of these steps is really fairly simple the entire process can be done in a few days and will give you the clarity needed to earn 7-figures annually. I have tools and templates to follow on my website(you can access through my signature link). Access is free of charge but you will need to submit a name and email.

I, in going through the planning process outlined above developed the following business model:


This visual image of a Business Model helped me to chunk the project into smaller bites. Each element can be viewed and constructed in "Blocks or Steps" that are manageable.

In the future I will continue to post information regarding exactly how to construct this Business Model.

I hope that this helps some people visualize what needs to happen if you want to earn a 7-figure a year income with Internet Marketing. It doesn't just happen but with the correct information and methodology in place it is possible.

On another note, I am thankful to have such a great resource as WF at my fingertips and I look forward to being an active member.
#business #internet #marketing #model #template

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