Killer Secrets on Developing Your Own Web Portal

Written by Brian Su

As hundreds of dotcom companies ended up shutting down, more net entrepreneurs are also looking for new opportunities. In this short article, Iíll share my personal experience and knowledge with you on how to minimize your risk in order to build a successful and profitable Internet portal onrepparttar World Wide Web.

1. First of all, determine your area of interest and a niche market that has potentials. Choose an area that would utilize your existing resources, knowledge and expertise.

2. Research and study scope of your market. If you serve both domestic and international markets, your will have a stronger chance for survive. If you only serve domestic, find out what services would make your business more competitive.

3. Clarifyrepparttar 117783 scope of your business and ask questions before opening your checkbook. Do you have efficient resources available to build a B2B or B2C portal fromrepparttar 117784 scratch? Do you need to leverage current website, customers and sales staff to produce additional revenue? Do you want to do all IT functions in house or should you out source? Do you have a sufficient revenue-generating model? If you are running a one-person operation, do you have enough time and technical skills?

4. Identify your clientele and need to come up with some unique ways to attract your customers and keep them coming back. Remember, content is king!

5. You are running a portal for profits. Identify and develop some solid revenue models. Inrepparttar 117785 past, it has been proven that banner advertising model and transaction model may not be as effective as expected.

6. Identify effective marketing and partnership strategy in order to establish a strong Internet presence. Much failure of startups occurred due to lack of step-by-step strategy and long term plan on growing business. Much just hope someone will buy out their site and make money quick. So how to differentiate your portal from others is your vital task from day one. There are hundreds of portals onrepparttar 117786 B2B and B2C fields. It is very critical to think about what makes your portal stand out from others in this competitive market.


Written by Sharon Dalton Williams

Today we live in a world of speed. Technological advancements have made obtaining what we want as simple as pushing a button.

We don't have to wait long to eat - just poprepparttar food intorepparttar 117782 microwave and click start. In minutes we have a full meal.

We don't have to wait weeks for communication back and forth - just type and clickrepparttar 117783 send button in e-mail. In seconds, information is sent and received.

Because of this "instant" mentality we have grown accustomed to, we as a society have come to believe that if we can't get what we want in a matter of minutes, it's not worth having. Waiting is becoming a thing ofrepparttar 117784 past.

I have found this to be especially true when it comes to internet businesses. Because everything is available atrepparttar 117785 click of a mouse, slowly growing an internet business never enters our minds. We try to findrepparttar 117786 quickest and easiest route torepparttar 117787 automatic $5,000 per month promised to us at every turn.

Without careful thought, we plunge into several affiliate programs (sometimes unrelated to each other), throw up some free websites, blast our "open for business" announcement to 4,000,000 people, and then sit back waiting for all 4,000,000 to beat a path to our electronic doorway.

We watchrepparttar 117788 calendar, and when, in 7 days, we haven't made our $1,500 or we run into technological difficulties, we throw up our hands in disgust, claiming thatrepparttar 117789 entire internet is a hoax, and walk away.

Let's pause for a moment and take a look atrepparttar 117790 weed andrepparttar 117791 oak. John and Jim are young, newly married, and have just moved in next door to each other. Both yards need work in order to gainrepparttar 117792 "Good Housekeeping Seal of Approval."

John runs out torepparttar 117793 local nursery, buys a bunch of seeds, never really paying attention torepparttar 117794 type of seeds or to their care requirements. He goes home, spreads his seeds all over his yard, and then sits back waiting forrepparttar 117795 lush, beautiful lawn. It isn't long before his yard is covered with weeds. The weeds quickly spring up and then die underrepparttar 117796 heat ofrepparttar 117797 sun. His yard is full of dirt holes.

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