Internet Business Models
There are several ways to earn money online.
- Selling online
A huge variety of things could be sold online, either physical products or services.
- Auctions
The famous auction portals, eBay (USA), lelong.com.my(Malaysia) are examples of online auction.
According to the New York Times, it reported last year that an estimated 500,000 people make full or part time living by auctioning.
- Drop Shipping
If you don't have anything to sell and don't want to do physical deliveries of products, then you may opt for drop shipping.
With drop shipping, you collect the order and forward it to the supplier, who handle the deliveries to customers. and you charge a portion of the payment from customers.
- Referrals
Becoming an affiliate is booming nowadays. However, you must carefully do your research and ensure that the commission earned is worth the effort put into.
- Web Advertising
Online Advertising facilitates different models: Pay per performance, Pay per click, Pay per lead. You may try it out with Google Adsense.
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