Internet Business Models and Objective

“Starting up an internet business with smart strategies will make me rich”. This is not a myth. Today, Let us see the different internet business models available. The traditional business community has faced a great impact due to the advent of the technology and the internet.

What are business models?

Business model is nothing but a method of conducting business by which a company generates revenue. It is all about how a company creates revenue and position itself in the entire business community by confronting all the competitions and rivals within the industry.

Internet has given a new rise to the business community, and business experts have come-up with the sure fire business models and more models are expected in future.

The following are the 9 Internet business models…

Manufacturer Model

Advertising Model

Brokerage Model

Affiliate Model

Community Model

Infomediary Model

Subscription Model

Utility Model

For more details on these models visit http://digitalenterprise.org/models/models.html

You might have created your own vision and mission. These vision and mission need not be changed instead you can redefine it or you can make it little more clear.

Before Going Online, ask yourself why you want to go online? It is not fully advised to stop your offline operations (it is highly impossible for certain businesses). You must have to have a unique objective to go online.

Keep in mind, Internet is not a strategy for your business it will serve as a successful tool to create winning strategies.

DEFINE YOUR OBJECTIVE:

Why do you want to use internet as a Successful business tool?

Set SMART objectives based on 5S of Internet Marketing

Sell, Speak, Serve, Save and Sizzle

Objective 1: Internet as a Selling Tool

Objective 2: Internet as a Speaking Tool

Objective 3: Internet as a Serving Tool for your customer

Objective 4: Internet as a Cost Saving tool

Objective 5: Internet as a Sizzling tool

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