The Three Hottest Online Money-Makers

By David R. Michaels, published Jan 29, 2008
Published Content: 66  Total Views: 23,734  Favorited By: 4 CPs
Rating: 3.0 of 5
Digital entrepreneurship is the fastest growing work-at-home career going and it isn't showing any signs of slowing down. If for no other reason, it has become a solid testimonial to the massive assortment of business opportunities available to those who own a computer and have the incentive to make money with it. It is the ease of getting started in these businesses that are their main selling point as well as what makes them so popular with aspiring online entrepreneurs.

For lack of a better description, the internet is the primary tool used to develop and operate a business opportunity and generate revenue. Basically, most online business models that exist today fall into one of these five categories:

1. Advertising

2. Brokerage

3. Infomediary

4. Licensing

5. Merchant

Despite the dozens of business venues that exist online, there appears to be three endeavors that are at the head of the pack where the novice entrepreneur is concerned. These are Affiliate Programs, ePublications, and Traffic Exchanges, and they fall under category #'s 5, 3, and 1 respectively.

Affiliate Programs (also referred to as Affiliate Marketing) come in all shapes and sizes. For the most part, they are the best example of a Multi-Level Marketing (MLM) revenue stream that you can find online. Affiliate Marketing is defined as "a web-based marketing practice in which a business rewards one or more affiliates for each visitor or customer brought about by the affiliate's marketing efforts."

In most instances, affiliate programs involve either online retail store fronts or certain services such as internet providers or satellite television subscriptions. Membership fees that you pay the parent company supports your own fully functional website as well as a tutorial that instructs you on how the site operates, how to advertise and generate traffic to your site, and how to work the site in order to maximize your profits. The better programs (which obviously cost more) take care of the advertising and traffic generation for you.

Comments
Type in Your Comments Below - (1000 characters left)
Your name:

Submit your own content on this or any topic. Get started »
Most Commented On