Forbes: Info For Those New To Online Business
I’m sticking with the top 10 list theme for this week. Top 10 lists usually cover trends and niches. But some offer info that can be applied to how you do domaining, or more importantly, how you can move up and begin developing your domain names.
I have a love/hate relationship with Forbes. Now, I don’t read the magazine(s), but I do enjoy some of the articles on their website. They produce many top 10 lists, called In Pictures, which helps me gauge what people feel about certain subjects or niches. But they simply must put their top 10 lists across 10 freakin pages. I know they do it because they get paid per impression on the advertising, but it’s more annoying than a pop-up ad, in my opinion. On top of it, it auto-scrolls. Even when you stop it, sometimes it will just start back up on its own.
I hates it!
So anyways… a couple weeks ago they posted an article on how to make money online. There’s some blah blah blah internet does well during bad economy blah blah blah in there. Most domaining veterans won’t get much out of this, but if you are new to the industry or online business in general, this should give you some pointers and ideas.
Nine ways to make money online
- Targeted Advertisement
- Niche E-Commerce
- Lead Generation
- Software
- Vocational E-Learning
- Subscription-based Content
- Infotainment
- Freemium Service
- Software as a Service
This is great info for domainers looking to do web development instead of parking their domains. Veteran domainers already know this stuff, but this is good info for those new to domaining.
Also in the article, they give
16 solid small business website design tips
- Choose an obvious domain name
- Select a host
- Specify the front end: HTML vs Flash
- Highlight your brand
- Spell out your products and services
- Showcase your leaders
- Let happy customers crow
- Go easy on the graphics
- Nail down the navigation
- Choose smart keywords
- Get local
- Start a newsletter
- Sponsor a nonprofit
- Blog
- Measure performance
- Prime the pump
Ok to start: number 1 is for the win. It’s interesting that they say something n00bish like domains cost $20 a year, but then recommend people buy variations. As for HTML vs Flash, is there even an argument here for a small business looking for an internet presence? In general though, this is a nice simple list if you are deciding to diversify and develop your domain names.
Lastly, the article has
13 businesses you can start for under $5000
- Direct-retail sales
- Interior design
- Event planner
- Home landscaping
- SAT tutoring
- Yogai Instruction
- Computer troubleshooting and repair
- Child care
- Writing software
- Graphic design
- Consulting
- Public relations
- Web work
Um, some of these were quite unrealistic and funny to me, and not even related to the article’s theme. Public relations? Look at the description for computer repair! Anyways, I’m not suggesting domainers should consider interior design or give yoga classes, er unless you want to, I just like the idea of the list. Could you make a similar list, only for online businesses that domainers can do? And since we are, uh, “penny pinchers,” let’s scratch the $5k and make it $100? $500?
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2 Responses to “Forbes: Info For Those New To Online Business”
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Hi Scott,
It is really good info, you may add Matrimony Business and Travel Planner business as on can start this below $5000 or even below $2000.
Still good post..
I’ve found a need in my area and now filling it. Off to a new venture for ‘09′. Took eight weeks to pit this site together as a complete novice learning to use Joomla and all the rest. Your expert critique is welcome. Just wanted something simple to start with and grow as demand warrants.