What Exactly Is An Online Business Model ???

by TLTheLiberator 4 replies
I've heard all types of definitions for what is a online business model.

IMHO an online business model is...

... how you intend to convert your actions into income:


Examples:

- Affiliate Model:

You sell products for a commission.


- Info Product Model:

Create and then sell an info-product that you created.


- Adsense Type Model:

You publish content on a page on the web and the content has ads around it and when people click on the ads you get paid. No one has to purchase anything.


- CPA Model:

You induce your prospects to signup for a free trial offer, give someone their name and email address etc. and you get paid without anyone actually buying anything.


- Forum Administrator Model:

You create a forum and earn income in various ways from your membership but the key here is that you're generating income by using a forum.


- Membership Site Model:

You create a membership of some type and collect recurring membership fees from your membership.


So...

Some people define a net business model as the income mechanism and everything else also involved in the promotion of the offer...


For example:

Info-Product Model:

* affiliate program
* article promotion
* Google Site Placement Program
* other promotion techniques


... but I believe promotion is simply an additional part of the online business model.

When newbie folks that don't know any better start reading all those threads about how blank made bla, bla, bla in 90 days, many times they are getting confused big time by the combo of the basic net business model and all the different methods of generating traffic.

If you separate promotional methods from basic net business models you won't be so confused.



What do you think???

Hope This Helps !!

TL


Ps. If you don't know where to start, confused and suffering from info-overload, researching and then selecting a net business model will clear things up a lot for you.


PPS. Here's a model I hear lots of people are using to find success and it does not involve a lot of the normal tasks with most of the other net business models.


- Domain Name Investor:

You buy/create and sell domain names like real estate.
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  • Profile picture of the author mmacken
    This has helped with my decision making, I have been suffering from information overload the last two days and my business model keeps changing. This has helped me see I need a clear plan in place before I even start and don't let the plan change like the wind.
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    • Profile picture of the author TLTheLiberator
      Originally Posted by mmacken View Post

      This has helped with my decision making, I have been suffering from information overload the last two days and my business model keeps changing. This has helped me see I need a clear plan in place before I even start and don't let the plan change like the wind.
      That's all I'm trying to do with this thread my friend.

      Get you mind clear so that you can be absolutely clear about what you're doing and destroy Captain Confusion and Mr. Info-Overload.

      Understanding and then selecting an online business model to work with - jumps you light years ahead of other people who have not done so.


      TL
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      "It's easier to fool people than to convince them that they have been fooled. -- Mark Twain

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  • Profile picture of the author Flyingpig7
    Hi TLTheLiberator,

    Eeek that is the longest sales letter I have ever seen (your signature). I like the pictures.

    Aside from that I do agree with you 'What is an Online (IM) business model' It took me a while to work it out reading almost every ebook around. Just wish this was the first thing I saw months ago! would have saved me...well months of confusion.....

    I'm so glad some has brought this one up..Thankyou
    Cheers
    Keren
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    Have a great day

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    • Profile picture of the author TLTheLiberator
      Originally Posted by Flyingpig7 View Post

      Hi TLTheLiberator,

      Eeek that is the longest sales letter I have ever seen (your signature). I like the pictures.

      Aside from that I do agree with you 'What is an Online (IM) business model' It took me a while to work it out reading almost every ebook around. Just wish this was the first thing I saw months ago! would have saved me...well months of confusion.....

      I'm so glad some has brought this one up..Thankyou
      Cheers
      Keren
      I'm not sure what you mean by a sales letter.

      Folks need to know what their talking about and what to look for as in how to truly get started.

      Starting with locating a net business model/plan helps clear up a lot of confusion surrounding online business.

      TL
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      "It's easier to fool people than to convince them that they have been fooled. -- Mark Twain

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