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One of biggest advantages of this web business model is you don't necessarily have to pay for any advertising. A good press release might be all you need, particularly if you are providing something unique. The hard part is coming up with a good idea. But if you can, because you are providing a valuable free service, word of mouth can get round very fast.
Model No.3 - One Product Page
If you have a hot product that you want to sell, then create a good sales page and focus all of your marketing efforts towards bringing that page to people's attention. When you present just one choice at your site, you decrease any distraction which may come from offering multiple alternative pages.
Getting interested people to click through to this web page can produce excellent profits, but this is also hard part. You will probably have to pay for all of your traffic so a well thought through pay-per-click campaign may be your best choice for this business model.
Model No.4 - Affiliate Programs
A popular website model for new webmasters is to create a site that catalogs many different (but hopefully related) products within their site. To do this you will either need a number of different affiliate programs to sign up with, or you'll need to join an affiliate network such as Commission Junction or Clickbank. These bring a huge number of affiliate programs together - under one roof as it were (i.e. all available through same intermediate provider).
In order to make this work you have to develop a specialized site. It needs to be an information source primarily, but definitely not a sales pitch. Your visitors will want to be provided with up to date information related to their subject of interest which brought them to your site in first place.
You have an unlimited array of possible subjects to choose from, but you should opt for something that interests yourself very much. This way you'll have no problem deciding what other people with same interest will want to read, learn or talk about.
Within this context you can then have recommended products directly related to whatever you think people will be interested in, so long as it is genuinely related and of value to your readers. If your visitors value your site and are interested in your opinion you will make sales.
The real beauty of developing this kind of site is you can potentially do very well in search engines, and that can provide you with a lot of free traffic. I have provided lots of information to help you with this at my site; http://www.websmart-marketing.com . Working your pages around popular keywords is how its done, and when people type these words into their favorite engine, you want your site to come out as close number one spot as possible.
Each of these website business models represents a possible online business for you. Can you integrate one which interests you most in with your favorite hobby or pastime? What do you enjoy doing most? What do you like to think about when you have free time. Whatever this is, there's probably a wide audience of people with same interest. Why not build them a website they can visit. You could find it relatively easy to make money at same time.
Best wishes for your future.
Article by: Stuart Elwell, Webmaster for WebSmart-Marketing.com; http://www.websmart-marketing.com/home.html ...which provides good advice and strategies for making money from the Internet.