17 tips for internet business
In doshdosh have published an article quite interesting. Remembering that millionaire who drew attention of the entire network, stating that he became rich, literally “millionaire “In 3 months, his website quotes. Now we will see which were and are the keys to lucrative Internet business.
According to recent information, Plenty of Fish (or lots of fish, as literally translated = D) receives 45 million visitors, making about 1.1 billion page views per month. And their earnings between 5 to 10 million dollars a year.
But if this sounds fascinating so far, the most amazing thing is that Markus did so only , Or almost alone, he did with his girlfriend and a few moderators. Only this will change, because in the coming months, Markus plans to hire a team of professionals who collaborate with the development of the site.
How much money do? and How does it do? are the questions that many are interested in various webmaster forums, some blogs, like ours, have even published interviews with Markus or have written about their success.
17 tips for internet business
We now give way to 17 tips, compiled from various articles and posts, Markus himself published in forums or your blog. We put the header, Markus put your content (our translation), and each draws its conclusions.
1. Enter the market in a timely
“With respect to growth (plentyoffish), many believe it was accidental or was a result of the advantage of being the first mover. Here in Canada, LavaLife.com was the only real site dating online, it was a monopoly. I I had a couple of friends who were in plentyoffish from major cities and after that, the site began to grow and expand. “
2. Free is a powerful business model
“I’ve always liked free sites and I’ve never understood because companies have to exchange unthinkable sums of money for something that was trivial to do.”
“The community was built by word of mouth marketing. There was a need for a free site and no one provided, so plantyoffish grew like weeds. Many people do not want to pay for site appointments.”
3. You do not need a team
“For now, just me. My girlfriend helps me with some services to the consumer or customer if I do not want to. Plans to expand into new markets, but I do not need to hire employees for now. All the work can be automated, except stupidity of some users that come with crazy questions. “
4. The offline marketing is not essential
“Offline promotions work well when there is a huge amount of consumers. But it works well, when what is sought is new growth. Like other sites, they often ignore offline marketing, they are too expensive when you do not have a large number of persons, the market segment they are using the service. “
5. Success depends not only on one thing
“I like simplicity, and I am a graphic designer at all.’s Success lies not only in one thing. It is not that Microsoft is just copying the layout of Google, to become the best search engine. Success is a combination of things and have the right idea at the right time. “
6. The uptime is as important as innovation
“I redesign my site every two weeks for not falling for the amount of online users. In terms of design for the user could care less, many users use my site and many more come every day. My priority is focused to make sure my site is running a day. “
7. Creating unique websites that stand
“Google spent $ 500 million, a quarter of these users of adsense. That money is going to one side, and if you look at the top of a thousand sites, not many of them have Adsense “.
“Statistically speaking those sites that have a low number of users and high EPC (earnings per click) make enough money. Build sites that no one else has done before, as viral site is only the first or second time, then one has to break through to the market. “
8. Having a rigorous work ethic
“When I get home from work, I feel and I forced myself to code for an hour or two. The enemy may think that when I take a break or start to think I force myself to type anything, it’s amazing how much you can do when you only type “.
“This business is only a matter of repetition and boredom. At the end of day one only needs to sit down and do it. Many people do not. “
9. The value of the site and the design of the triumph
“The value of the site is to build an emotional bond with the user. Integrate with content ads, no banners in flash, make the site more useful. Basically all these things that supposedly everyone knows to be made, very few people actually do. “
“There is no magic answer, one should always test new designs or new text, etc.. to achieve the result you want. We will never have the best or worst design, but through the evidence, one can always improve. “
10. Think of the potential money before starting a site
“Build something useful, just think how people will use it. You have to explore things like adsense, affiliate programs and to investigate ways to make money. Most 2.0 companies have never made a dime and are not meant to make cents. “
“So we begin to see how to make money , before you even design or think about starting a business. “
11. It should not be discouraged by the low income
“I had a single affiliate program but I did not even $ 40 a month. So I added adsense rapidly, and complete $ 5.63 cents in my first month, but that was more than enough to realize that I would go broke operating the site, and could run a business of it, with enough traffic “.
12. Learn what you need to know
“Basically step every minute awake when I’m at work, reading, studying and learning. Meeting “enemies” and do everything possible to defeat them, what it means to be bigger than them. I refuse to accept any kind of defeat, and strive constantly to try new things. “
13. When you have traffic, adsense looks beyond
“Your main goal is to replace the adsense ads and hire quote from sales people. I spent the last few weeks, working long days to optimize advertising revenues, and as a result got more than one million per year, per week of work. “
“At the end of the day, I can not optimize profits by myself or by outsourcing sales, as no other vendor is able to sell more than 3% of my inventory. Now I have such a size that there are no solutions in the file, but everything must be built from scratch. “
14. Know the limits of your business model
“If I want to generate 100 million in revenue per year will be pretty easy, all you need is to become a place of payment. To generate 100 million a year as a free site, it is virtually impossible, because the market is not big enough. “
“I am currently the biggest player in England, Canada and the United States. Growing the Company about 10 or 20 times would be unreal. “
15. Whenever I have a goal to work toward
“If you’re working in a cubicle , Your goal should be to experience the work out of it or stay in a 5 star hotel or wherever you go on vacation whenever you want. “
“My goal is to have the entire resort and yacht out and make 100 million a year, rather than just millions. Just because you’re successful does not mean you need a goal for which to work. Do not assume that successful think differently than you. “
16. Success does not happen, it creates
“Now that many of the people reading this, want to create some kind of business. Many only dreamed awake but not really achieve anything. “
“I was like them some years ago, when I finally sat down I did something. And I kept forcing myself to do it, until I got used and then I became extremely successful. “
17. Weigh your costs to estimate your cost
“In my opinion if the cost of your operations are two or three cents per visitor, advertising can be profitable. But if the cost is about 10 cents per unique visitor, then you need to sell a product or service.”
“This of course assumes a high traffic to your site, at least one hundred thousand visitors per day. In about two years from now, we’ll probably see a decline of 30 or 50% of operating costs, provided that the cost of hardware and software continue to decline.”
Can that many of the opinions Markus debatable, but he has extensive experience in online business-person. These tips may find useful if you’re interested in creating a business with your website and want to generate more revenue.
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