Making a Profit with an Online Business (Part 5)
You need to decide how much time you want to invest in making a profit with an online business. Selling your products or services will require more than drop shipping, and a whole lot more than the affiliate model. If you’re interested in spending less time, then I have another option for you.
5. Sell ad space. Please keep in mind, unless you have a website with an insane amount of traffic, this option won’t make you rich…or even keep you in business. It can provide a cost-free way of making some money. Sell ad space, banners on the top and margins of your site. Like I mentioned, this is only attractive to advertisers if you’re getting a sizable amount of traffic. If not, don’t waste too much time here. Perhaps you can work on more site optimization and/or utilizing my other suggestions.
If you’re interested in a business consultation, for more information, please refer to my Behind the Scenes Consulting. If you have questions, please email me at Robert@RobertFinkelstein.com. I welcome your comments below. Thank you.
This entry was posted on December 28, 2009 at 10:28 am and is filed under General Management, Making a Profit with an Online Business with tags Behind the Scenes Guy, Drop ship, General Business, Online Business, Profit, Robert Finkelstein, Selling ad space, Selling services, Selling yourself, Virtual COO. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
January 12, 2010 at 7:18 am
Hi, I hope you don’t mind me seeking advice here but I desperately need help. I’m advertising using Adwords, it used to be cheap but it’s so expensive