Online Business Types: How to Make Money Online?

make money onlineAs internet technology is growing rapidly, the types of online business are going vary and innovative. The question on ‘How to Make Money Online?’ has created a lot of online business types as the answers. Overall there are three bases of online businesses, which are:

 

• Membership/Subscription Model; it means that the costumers have to pay when they want to read the contents on your website.
• E-Commerce Model; the way E-Commerce work is by selling products or services on your website.
• Content-Rich Model; this is a model of online business where you post interesting and useful contents on your website and get paid by advertisements.

When it comes down to it, those three bases of online businesses develop to more models of online business people typically do to make money, they are:

Subscription, where costumers have to pay some amount of money to be able to get data access or contents you are offering. The subscription system and fee depends on the type of services they will get. See example of this online business at Last.fm and Pandora

Online Learning Marketplaces, which is a virtual teaching and learning place. You perform online teaching to people on a subject or more and also sell your lessons so that they have to purchase them to get both teaching material and your virtual class. See examples of this online business model at Moontoast and WizQiz.

Fund Rising, certain websites are focusing on raising money regarding an issue from individual, companies, foundations and government. Examples of this online business are Giftsprings and FundRaising

Donation, some websites invite their users or followers to voluntarily donate their money. Examples of this online business are OpenOffice and Mozzila Fondation

Resale/Reuse, The websites offer their users to post and sell their product. Examples of this online business are ClipSyndicate and Deviantrat.

Freemium is known as online business model that provide free access of their basic services to the costumers, and if they want to carry on more premium services then they have to pay some amount of money. Examples of this online business are Skype and Flickr.

Information, the websites sell information online in the form of E-book, Virtual Stuff, This is a service people cannot sell in real, only virtual. The money you get is in virtual currency such as Linden Dollar in Second Life that you convert to real currency. Examples of this online business model are Kinset and Second Life.

Merchandising, the websites sell products images from other different products or services that are not always related to. Examples of this online business model are Zazzle and cafepress

Link Selling, the Google high ranked websites can sell their links to other sites that need them to upgrade their rank in Google search. Examples of this online business model are Text Link Ads and LinkAdage.

Physical Goods Reseller, This type of online business facilitates a reseller to deliver the order from costumers to the sellers. This way a reseller does not have to hand the products they are offering as the sellers will take manage it as well as the payment system and shipping. The reseller can raise the price of products a little bit and get profit from their difference. Examples of this online business model are Doba and Amazon Associates.

Referral Leads, the online service system where the advertisers have to purchase to get good quality leads. Examples of this online business model are USA 2 Referreal and Sprint.

Audio Book, and Lesson etc. Customers can download the products right after the payment is done. Examples of this online business model are Lulu and CreateSpace.

Software, the websites offer online service the costumers can use for some amount of money. Examples of this online business model are GoToMeeting and WebEx.

Event, the online registration websites for certain events like workshop, conference, etc. Examples of this online business model are TicketLeap and eventbrite

Content License and Redistribution, is where a web publisher will get paid by a Content License when he publishes or redistribute it to other people. Examples of this online business model are BlogBurst and Mochila.

Product Placement: It is an advertisement of a product or service that is designed as not a commercial ads You can see them usually in a movie, TV program, and nowadays in websites. Examples of this online business model are PlaceMyProduct and Brandfame.

Paid Contents, a writer who makes money from reviewing a product and make it into articles in their websites. Examples of this online business model are SponsoredReviews and PayPerPost.

Broker, a website can act as a broker for people who need information on certain things. This website gets payment from the supplier while customers can access the information for free. Examples of this online business model are Craigslist and JobCoin.

Build and Sell, you can build any website, service or application with no specific type of business and after it gets many visitors, you can sell it to bigger company that is interested to make money from it. Examples of this online business model are MySpace and YouTube.

These are several online business types that may give you idea what you can do to make money from the internet. You probably are the next creator of undiscovered online business types. However, if you still cannot decide which online business types are good for your site, you have nothing to worry because online business is something that evolutes following their market demand. And money may not your only goal as the purpose of online businesses could be fame, care and help people, hobby, nonfinancial reward, etc.