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Blog Entrepreneur: by NLSOFT: 10:29am On Oct 05, 2019
If You Want to become an Internet entrepreneur? You can. This article discusses five business models for your new blogging business. All have the potential to earn you some income.


If someone were to tell you that you could create a global business, completely online, with nothing more than the tools you already have, and the investment of your time and few capitals, you'd question their sanity.


Nevertheless, it's true. If blogging appeals to you, you can create a viable Internet business within less stress.


Blogging is a new development in online businesses. Essentially, it's instant publishing. Because entrepreneurial blogging is so new, you have a great opportunity to build your business and start building your online empire.


Let's look at five business models for your new Internet blogging business. These five models can be combined if you wish – there are no rules in blogging. You can change the business model of a blog at any time, to a model which generates more income.


Each of these models has the potential to earn some income. They are:

• Affiliate blog(s)

• Web publisher blog(s)

• Sales blog(s)

• Service blog(s)

• Blog network(s)

Let's look at these models one by one.

#Affiliate blog(s)

Many businesses develop affiliate programs because they can recruit a sales force of thousands of people, with little expense. The appeal of affiliate programs for affiliate marketers is that you don't need a product or service – you can start selling others' products, on commission.


If you intend creating an affiliate blog, select the products that you'll be selling before you create the blog. This is because you want to be sure that there is a wide range of products that you can promote.

There's nothing worse than developing a blog, and finding out that the well is dry: you've picked a niche where products rarely change, and in which the products are so standardized that there's nothing new to write or podcast about.


#Web publisher blog(s)

In this model, your blog is the online equivalent of a magazine and newspaper. Just as a magazine and newspaper have features and advertising, so does your blog. In this business model, your content is vital, because you're counting on your content to attract advertisers.


If you choose to develop a Web publisher blog, you've got great models – the thousands of magazines and newspapers which are published each year.


#Sales blog(s)

In the sales model, you devote a blog to a single product or range of products. When offline companies start blogs, their blogs are sales blogs – they're using their blogs to sell their products.

If you have products that you want to sell, a sales blog is an excellent business model. You could sell a product that you've created – an ebook, a DVD, or artwork – or products that you buy from others, and resell.

If you're already running a business, you could start an entrepreneurial blog to act as the marketing arm of the business.


On the other hand, if you don't have a business, look into having products created for you, or buy products that you can resell on your blog.

Look in your local Yellow Pages and Business directories for manufacturing companies: you may be able to find products that you could resell at a profit.

Of course, there are many wholesaling companies online, but the benefit of dealing with a local supplier is that you can inspect the products that you're selling, to ensure quality. Your shipping costs will also be low, resulting in more profit for you.


#Service blog(s)

While the sales blog sells products, the service blog sells services. If you have a service that you sell, then you could create a blog to generate customers for your services. Or, you could sell the services of other people, via a blog.

If you're selling a service, you know that it's hard to differentiate yourself from the thousands of others who are selling the same service.

A blog is a way to do that. If you're a dance coach, for example, you've got plenty to write about. You'll attract lots of new business, and you can bring in additional income when you solicit your equipment suppliers to advertise on your blog.


#Blog network(s)

Blog networks are groups of Web publisher blogs formed into a network. There can be half a dozen, or hundreds, depending on the ambitions and interests of the owner of the network. Blog networks usually derive their income from advertising.

If you want to develop a blog network, you will aim to: develop a mission for the network, as well as a clear idea of where and how you'll add blogs to the network, and where and how the revenue stream will be built.


So, there you have it. Five different business models for your blog-based Internet business. Now all you need to build your new Internet business is enthusiasm, inspiration, and time.

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From
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