Chapter 1: Determining Your Revenue Model
In This Chapter
- Acquiring and reselling tangible products
- Finding revenue sharing opportunities with affiliate sites
- Selling your professional services
- Distributing information for profit
- Creating a revenue stream by placing online advertisements
- Incorporating multiple sources of revenue for a healthy bottom line
Face it: Whenever you start an online business, you must answer one question before you answer any others — how will you make money?
You can have the most brilliant, original, or quirky idea ever conceived, but if you don't have a viable plan to bring in dollars, the concept doesn't hold water. The good news is that, with the Web entering its second decade, a number of viable ways to make money have emerged. In this chapter, we break down the various revenue models on which you can base your online business.
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