Potential Revenue Streams -- Page 2

Part of the You Can Learn Web Success Techniques series.
By Ken Brown
Editor, You Can Learn Series
Updated:
December 13, 2004

This is a two part article on Web Revenue Streams.
Revenue Streams
Revenue Streams - Page 2

4. Creating tools and software for webmasters

Webmasters and internet developers need tools to help them service their customers. Can you analyze a web page and count the number of keywords or find the best keyword phrase for a page? People are willing to pay money for well written programs that add to their current set of programs offered to their customers.

Think about software programs that can help people and then come up with the architecture and code then push it to your website and see who wants it.

You know where you can get ideas for software programs? From other people. My mother-in-law gave me an idea that I am currently working on that could generate some on going revenue and will keep my wife and her mother happy with me.

So ask people at work, ball games, family functions and see what people want or need. If you can't write it then contract with a company to produce it for you. You will own the product and you just pay by the hour for the programming.

Once you create your product sell the software at $299 per cd or millions per user. You can make additional money if you are willing to sell the source at any point of time. Get a good software lawyer to write up a contract for you so you don't get screwed by someone who takes your source, makes it better and then corners the market leaving you with the scraps.

There are needs for an HTML verifier, a Keyword generator, and many kinds of SEO tools.

5. Building websites and consulting

You have a good eye for website design? Then why not build websites for businesses. There are many different ways to earn money doing website design. You can charge by the page $100 or more. Charge extra to host the page. Charge extra for database programming.

You can charge for domain name renewal, which means an on-going yearly income. When these businesses want changes made then you can be there to help them make the changes. You should be able to earn a constant revenue stream from new customers, old customers and ideally referred customers.

This easily leads into ...

6. SEO consulting

SEO stands for search engine optimization. This is taking a web page and improving the page by changes to content, meta tags, other html tags and links from other sites to help the page's search position improve. Ideally you bring the page to the first page on every search on certain strong key words.

Businesses are willing to pay big money to improve their search engine position. Since few people go past page one when they are searching and almost never go beyond page 3, SEO's that can take a page into the first thirty searches can command a high income. This takes attention to detail and is possibly one of the hardest things to get right and consistently stay on top.

Some of the keys to search engine optimization. Have the title meta tag be relevant to the information on the page. Choose keywords that match the content. Make the description sell the article, but also reinforce the optimized keyword or key phrase.

The first and last paragraphs are paramount to scoring high on the search engine algorithm and don't forget to hit hard on page rank.

7. Being an EBay Assistant Trader

These online auctions have provided some ambitious people with full time incomes and full time staff. Like EBay, people place items to be auctioned and then EBay receives a portion of the proceeds from the auction.

Companies can go out to friends and strangers and place items on EBay for them and the company doing the work can take a percentage up to 35% of the revenue generated. So talk to your friends and see if you can sell their stuff on EBay so they don't have to do a garage sale.

You might want a digital camera to photograph the items to be sold. Start small and learn how to do the business. A few small mistakes will ruin your reputation and on EBay reputation is every thing.

Put a limit on size and minimum amount of the article to be sold. You have to ship the article and you want to make it worth your while to sell the items.

8. Create your own search engine

This step where you create your own search engine or directory service is dicey. It requires a large capital outlay in getting servers to handle the potential traffic, but you could charge anywhere from $35 a site to $10 or more per page. So if you can get it off the ground, advertise it well, there could be a pot of gold at the end of the rainbow. Google just went public and made billions for their founders.

You probably need some programming savvy to develop your own robots and a winning algorithm for providing the search results people want.

9. Web Page Directory service

This is very similar to step 8, but instead of a search engine, you provide a directory. Every site is listed once under a specific keyword or topic like programming/languages/syntax. Or some other obscure listing. Again you can earn $35 a web site. Do it right it will bring you a fortune, do it wrong and you'll have to start all over or no one will ever find you.

10. Write mini books

Find a topic you like. Write some general pages on the topic then allow your readers to learn even more by buying a book from you. This can be published by a renowned publisher and can be found in Borders™ or even on Amazon™. Or you can do self-publishing through a print on demand printer.

These printers will allow you to request a printing of your book, one book at a time. So your initial outlay is relatively small for a book printing. You have confidence in your writing skills then this is definitely a low cost solution with the potential for high rewards.

There you have ten terrific ideas for making money on the internet. None of these ideas even talked about manufacturing a product in your basement that you own the exclusive patent. All these ideas can be started by an individual at home working in their spare time.

So no more excuses. Turn the TV off and start making money.

Lesson 8: SEO Terms

Becoming a Top 10 Blogger - Climbing to the Top 10 Percent in Your Field. Are you in the Top 10 percent in your industry? Is your company a top ten company or is it further down in the list? Are you one of the best in your line of work? When people you work with are looking for answers to their problems, do they search for you? If they find you, do you help them with their problem or do you send them off to find someone else?

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