Internet Marketing Business Model
You may have heard of the Internet Marketing business model from well known guru. If you are a newbie, you may find this business model doesn't make any sense at all. But hold on… find out more below.
Here are the option of Internet Marketing business model…
Model A – Market your own product
Leveraging on Thousands of Affiliate to grow your business. Imagine having a product of your own, with Thousands of Affiliate promoting for you… Does this looks like a best of the best business plan.
First of all, you need to have a killer products that sell. Market Research is the key in this business model.
I have taught this to members who subscribe to eEntrepreneurs Club…
Do your research on what type of products or What solutions to Problems commonly faced by most People in any Niche Market.
Some of the problem faced in different niche market includes:-
- problem to train and grooming Dog
- problem of not getting the golf swing right
- Problem of spending too much on electrical bills
- problem of losing your lover
- Problem of Gaining too much weight
- Problem of not getting enough leads in Network Matketing
What is the solutions to each problem… Creating a Product that sell is your Key Master Plan to Win.
Ways to create your own product:
- Outsource to expert
- Develop Your own – Create a Audio/Video, conduct an interview with an expert or Write your own ebooks on the solutions to a problem
- Market Private Label right products
- Create a short report or consolidate massive sites which help Solve a problem.
There are many more ways to create a solution in any niche market. Go develop a plan for this business model.
Model B – Market product Not own by you
What if you do not have Your Own Product?
What business model will you adopt? Go for affiliate Marketing.
The problem with affiliate marketing is competing affiliate promoting the same product, here is where you need to create value to target market. Getting traffic is another major problem.
One of the best traffic generator is PPC, it's too costly. Other good traffic methods are Article distribution and SEO. I am not going to reveal detail of SEO here.
How to find a Product that sell?
Popular places to visit – Amazon, Clickbank, Online Wholesalers, Online Companies that offer affiliate program.
Steps to Affiliate Marketing:
- Create a Website and A Blog – This is a MUST Have, If you want to Succeed.
- Post product review, Blogs and create value from Free Giveaway.
- Drive traffic by using Article, Video and social media marketing
- Leveraging on Social Media to grow your Traffic and credibility
- Joint Venture with other marketer in your niche
Affiliate Marketing is about creating a brand by offering services and refering affiliate products.
Model C – Market Your Service
If you have special SKill, example software programming, Writing or HTML web programming… Offer Your Services Online. This is one of the most adopted business model online. I will not going into details here. These 2 sites offer this service.
1. Guru.com
2. elance.com
Model D – CPA Network
How about Making money without selling anything. Join CPA network.This model is part of affiliate marketing and is one of the most competitive and challenging market in terms of keyword and offering.
CPA marketing is a way to get customer contact details without having to sell anything. The merchant will get the contact or leads and make a follow up call or promotion campaign themselves. Here is a list of CPA network which you can join.
1. Clickbooth
2. Neverblue
3. AzoogleAds
4. Hydra Network
5. DirectLeads
With this Internet marketing business model, which one is more suitable for you…. In each of this Business model, there will be more details and process to follow, which i will cover later in eEntrepreneurs Club.
Hope you like this, Do share it with Friends in Facebook and Twitter…
To Your Success
Allen Tan
Founder of eEntrepreneurs Club
Online Marketer and Personal Development Coach