The Internet has taken the world over in many areas. There are currently 1.5 billion internet users in the world and the number is fast growing. In US, 1/2 of total retail salesof $1.5 trillion are derived from the Internet. If you are in some sort of business and want to grow it, get into internet marketing fast if you have yet to do it.
As a successful internet marketer, besides great products and a user-friendly website, we must have lots of targeted visitors visiting our website, browsing for products and making purchases.
What internet marketing strategies in general and which internet business models in particular to adopt to drive voluminous targeted traffic to our website? Naturally, we choose models which offer low-cost and high-profit margin.
Studies show that there are 20 types of low-cost, high-profit internet business models that you can choose from. Each model comes with its respective specific and general marketing tactics; respective users and profit centers; strengths and weaknesses; and varying demand on marketer’s strength, expertise and knowledge. A marketer should carefully choose a model or a group of models that suit his personal scope and match his strengths. Let us highlight some of the top models here.
A blog is a website where the owner (the blogger) regularly posts content in style of diary or journal. The blog post can be read and seen by anybody with a web browser. The blogger makes comment on a particular topic of interest which can be a latest hot product, news, fashion, trend, development and so on that matches the theme of the blog. In this manner, he influences and drives his followers to a certain website for a particular purpose.
Super Affiliate Model
In this model, you make money by marketing other merchant’s products as your main task. ‘Super Affiliate’ is an affiliate who excels extraordinarily in marketing other people’s products in return for hefty commissions. In affiliate marketing, commission can run as high as 70% or 80%. ClickBank and Amazon are the 2 popular market places to source for affiliate products to market. You do a lucrative business practically at minimal cost limited to putting up your domains and hosting.
e-Bay Power Seller Model
e-Bay is truly one of the real success stories of Internet Age. It was reported that e-Bay alone contributes 14% share in global e-commerce. Millions of transactions are done daily through 39 e-Bay markets worldwide. As a Power Seller, you earn up to tens of thousands of dollars every month just selling a plethora of merchandizes on e-Bay. The advantages of selling on e-Bay are that you do not need to set up and maintain expensive physical stores, employ workers and keep huge inventories. Drop shipping arrangement can be made for product merchants to ship directly to buyers after a sale is done.
There are many other internet business models and strategies an internet marketer can use apart from the 3 highlighted above. Each model is as strong as the strength, commitment, expertise and knowledge of the individual marketer. Choose a model fittingly and then invest your time and efforts whole-heartedly into it, and you are sure to enjoy success in the internet business.