5.Sell ad space: Try selling ad space to advertisers who are interested in your target market. A site that sells specialized pet services like a kennel or a pet hostel might be interested in advertising to pet owners since it is usually a big question for a family going on a vacation to leave their pet in safe hands.

6.Create a joint venture with like-minded businesses: Another option would be to create a joint venture with other businesses. Align your services with, say, a dog-training agency. You could set up an arrangement where you earn a portion of profits on any sales you send his way. Then, write a quick e-mail promotion about his service and send it to all of your customers who live in his area.

7.Start an affiliate program: Finally, start an affiliate program to promote your site. You could do all your selling yourself . . . but why would you? Think about it--you boost your visibility when your affiliates start publicizing your site, you gain credibility with your affiliates' customers, and you simply make more sales! You can get some more ideas at:

http://developers.evrsoft.com/article/web-development/miscellaneous/how-to-leverage-your-curr.shtml

This is not all. You can pull additional sales from existing customers by investing in customer relationship management and data mining. Data mining systems allow companies to target a broad range of customers with common buying characteristics as well as narrow target down to individual customers. Targeted e-mail, for instance is more effective than broadcast email. Companies such as Amazon.com do a great job of suggesting choices based on past product purchases.

Another major source of new revenue for an online company is “Digital Content”. Digital content is basically kind of information that can be downloaded by user for a certain fee. Digital content ranges from music, movies, photographs, news and information, interactive multiplayer games, books magazines and almost anything else that can be digitised. Revenues may come from pay per use of subscription or purchase for downloads.

For an imaginative business owner possibilities for creating new revenue streams are limitless. Diversifying is great; diversifying is fun, but a word of caution here. You must make extra sure that your revenue channels are complimentary to each other and that you never, never forget your core customer base. These were first people to buy from you and these are ones who are still most likely to come back with repeat orders.

Generating multiple revenue streams is most logical solution to turning your online investments into a profitable and sustainable business. Let your imagination run lose, plan in detail and be prepared to work real hard; having 3 sources of income compared to one never hurt anybody!

Also see:

http://www.powerhomebiz.com/vol116/revenue.htm

Yes, I finally found secret to my crazy "Internet success" and, once you find it, your business will bring you unspeakable joy. You'llsee that nightmare of trying to make your business work was just a passing breeze ~ nothing compared to satisfaction and achievement success brings you.

Persistence is one of most important keys to success ~ on Internet or in life. Don't give up easily, especially when you're just starting out. Giving up is one of main reasons why many people don't achieve financial success. Success could be just around next corner but you'll never know if you stop before you get there.

Worthwhile goals don't come easily. But, are you content to live a life of disappointment and frustration rather than go that extra distance to achieve them? Henry Ford and Thomas Edison were just like you and me. The quality that set them apart was persistence!

It's persistence that will lead you to fulfillment of your dreams. You may need to struggle through times of disappointment and even ridicule but if you stick with it . . . dreams do cometrue!

And so, my friend, through all of life's struggles, pain and frustration, never think of giving up. I encourage you to be "tough" one who won't allow quitting to be an option.

As saying goes, "you are never a failure until you fail to try" ~ so just keep trying. Remember, "tough times never last, but tough people do".