The answer is a resounding yes and you’d have seen time and again that it has always worked wonders for some entrepreneurs.
However, what you need to think about is the fact that online businesses might have to be operated a wee bit differently from the conventional offline business models, but then, it is still a business and it needs to be nurtured like a baby.
It needs to be tended to and any signs of prosperity or success would be visible only after a certain amount, of time assuming that a great deal of perseverance, patience and determination have been exercised.
There is no such thing as ‘get-rick-quick’ anywhere out here. The fundamental truth is that it either takes sheer luck to have been born rich or you’d have to work real hard to earn real money. Period.
It is better if you understood this simple fact and start working hard until there comes a point when your business starts operating and running for itself or until you have leveraged your business enough by hiring people who can do all the ground work for you while you sit and strategize, think and implement.
A simple website can make you a lot of money, if only you would stop thinking of it as a ‘website’ and start thinking about it as a business. Trust me, you still have to work very hardPeople are online searching for information and if you can provide them bookmark-able content that makes them come back to your website again and again, you are in business already. Here are the following ways your website would make money for you
- Monetizing your website with adsense, text links, conceptual ads etc
- Affiliate marketing – merchants allow you to promote their products and services on your website and give you a commission if any of your visitors clicks-through and purchase the same.
- Offline, local advertising – This one is truly getting your hands dirty and assuming that you have an amazing readership akin to a newspaper or a magazine, you could convince local merchants to buy advertising space on your popular website.
- Selling membership to premium content on your website – You could try other variations like allowing for upgrades from free membership to premium ones and provide content that is hard to find elsewhere.
- Selling info products like e-books, CD-roms and the like off your website which stores some important information relevant to the theme your website is all about.
Selling information is the best possible thing you could online since there are no hassles of logistics, shipping, product returns, refunds and everything else that a business has to contend with. In India, specifically, there really aren’t many sites that have any sort of content what so ever and most of the websites that do try to have some content is down right pathetic.
The demand is all there to lap your supply up, but are you listening?
I am Ashwin. I am a web-consultant, freelance writer, and an entrepreneur. I am also a Certified Behavior Analyst, speaker, and corporate trainer. I am an e-commerce enthusiast and an avid reader. When I am not working (which is rare), I travel around the world just for the sake of traveling.
