You would question a person’s sanity if they claimed you could create a global business with nothing more than the tools you already possess and the investment of your time.
Despite this, it is true. If you are interested in blogging, you can create a profitable Internet business in a few months for free.
Blogging is an emerging trend in online businesses. It is essentially instant publishing. Because entrepreneurial blogging is so new, you have an excellent opportunity to build your business before others copy what you’re doing; therefore, get started immediately and begin constructing your online empire.
Let’s examine five business models for your new blog on the Internet. Combining these five models is permitted; there are no rules in blogging. You can change a blog’s business model at any time to one that generates more revenue.
Each of these models is capable of generating a six-figure income. The following are:
• Partner blog (s)
• Blog of a web publisher (s)
• Sales blog (s)
• Company blog (s)
• Blog network (s)
Let’s examine these models individually.
Affiliate website (s)
Many businesses create affiliate programs because they can recruit thousands of salespeople for little cost. Affiliate marketers are attracted to affiliate programs because they do not require a product or service to begin selling the products of others for a commission.
If you intend to create an affiliate blog, choose the products you will be selling before creating the blog. This is because you want to ensure that you can promote a wide variety of products. There is nothing worse than developing a blog only to discover that there is nothing new to write or podcast about: you’ve chosen a niche where products rarely change and are so standardized that there is nothing new to write or podcast about.
Publisher’s blog (s)
In this model, your blog is analogous to an online magazine. Your blog, like a magazine, has articles and advertisements. In this business model, your content is indispensable, as you rely on it to attract advertisers.
If you decide to create a blog for a Web publisher, you have excellent models to follow: the thousands of magazines published each year. Examine a few of your favorite magazines. Typically, a monthly magazine will dedicate two or more stories to its monthly theme. The magazine publishes its editorial calendar a year in advance, allowing advertisers to plan their advertisements for specific issues.
Sales blog (s)
In the sales model, a blog is devoted to a single product or product line. When offline businesses create blogs, they are sales blogs; they use their blogs to market their products. If you intend to sell products, a sales blog is an excellent business model. You could sell a product that you’ve created, such as an ebook, DVD, or piece of artwork, or you could resell products that you’ve purchased from others.
If you already operate a business, you could create an entrepreneurial blog to serve as its marketing arm.
Alternatively, if you do not have a business, consider having products created for you or purchasing products to resell on your blog. You may be able to find products that you can resell for a profit by searching the Yellow Pages for local manufacturing companies. Of course, there are numerous online wholesalers, but the advantage of working with a local supplier is that you can inspect the products you sell to ensure their quality. Your shipping expenses will be low, resulting in increased profits.
Blog about service (s)
In contrast to the sales blog, the service blog sells services. If you sell a service, you could create a blog in order to attract customers. Alternatively, you could sell the services of others via a blog.
If you are selling a service, you are aware that it is difficult to distinguish yourself from the thousands of other sellers of the same service. A blog can be used for this purpose. As a dance instructor, for instance, you have plenty to write about. When you ask your equipment suppliers to advertise on your blog, you will attract a great deal of new business and generate additional revenue.
Blog network (s)
A blog network is a collection of Web publisher blogs organized into a network. There can be as few as six or as many as hundreds, depending on the goals and interests of the network’s owner. Typically, blog networks generate revenue through advertising.
If you want to develop a blog network, your objectives will be to: develop a mission for the network, as well as a clear understanding of where and how you will add blogs to the network, and where the revenue stream will be generated.