Starting a business is easy, but making money from it is hardest part. It is not enough for you to start a business, you must make it successful.
If you look at online businesses, you will often see huge acquisition, massive profits, billions of dollars but you will also see big failures. The Internet like any other industry is all about controlling a huge chunk of market, and that is what makes one super rich—the market leaders make money!
Let’s look at search engine business on Internet. It will surprise you that there are more than 900,000 search engines online. While it might be easy to come on board, getting a huge chunk of market is difficult and that has reduced number of search engines.
NetApplications compiled data from web sites traffic statistics and found that in search engine business Google is market leader while Yahoo and Microsoft’s are behind. According to study, Google, Yahoo, and MSN are market leaders when it comes to search engines.
The market share ending April 2005 looks like this:
Google February 43.06% March 44.51% April 45.85
Yahoo February - 17.02% March - 16.98% April - 15.35
MSN February - 11.52% March - 10.86% April - 10.86
AOL February - 3.27% March - 3.21% April - 3.00%
Dogpile February - 0.85% March - 0.83% April - 0.77%
Ask Jeeves February - 0.91% March - 0.88% April - 0.86%
Alta Vista February - 0.47% March - 0.46% April - 0.41%