Web-Based Business - How to Generate Income??

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Web-Based Business - How to Generate Income??

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LoriB

posts: 5

Mar 06, 2009 7:27 PM ET Quote Report Abuse

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Hi There,

A friend and I have a sound website service that we`ve vetted and researched. It will be popular for the intended audience. The problem is we don`t sell anything. It is a service. How does a service-related website generate income? Eventually, we`ll have an e-commerce section of the site but it will be in the second phase.

Thanks for your thoughts.

Lori

CraigL

posts: 9051

Mar 07, 2009 12:40 AM ET Quote Report Abuse

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Lori,
You may be under the mistaken impression that a service sells nothing. Consider your doctor, a lawyer, your accountant, or perhaps the people who pick up the garbage in your neighborhood. Then consider the electric company, gas company, phone company, and so forth, all of which are services. Of course there also are teachers, consultants, instructors, and so forth.

No business can exist that sells nothing. Services sell knowledge, information, efficiency, or time.

If you sell nothing, then you might try selling space for advertising, perhaps the pay-per-click (PPC) system.

Loren

posts: 242

Mar 07, 2009 12:41 PM ET Quote Report Abuse

Points: 0 Vote

Build a list and do joint ventures to sell products interesting to

yoru website visitors. If your service is local-only you can create

a how-to product with knowledge you have.

ZoomGirl

posts: 1

Mar 07, 2009 2:49 PM ET Quote Report Abuse

Points: 0 Vote

I have found that it`s all about getting the word out. Someone will need your service so you need to lead them to you. Look into some of the low cost advertisting web sites like BizAdSplash. Little investment and a good way to test your traffic patterns.

jlwright

posts: 1

Mar 07, 2009 5:16 PM ET Quote Report Abuse

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Thanks for advice trying to get traffic to my site!
Thanks
jl

WebJunky

posts: 549

Mar 07, 2009 7:17 PM ET Quote Report Abuse

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focus on generating traffic with your eyes closed and don`t worry about the $ aspect.....it will come. i am assuming you are offering something of value, even if it is intangible information.

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LoriB

posts: 5

Mar 08, 2009 4:36 PM ET Quote Report Abuse

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Dear All,

Thank you for your kind words of encouragement.

Yes - the service is very valuable for the audience. We want to be able to share the service with everyone, so we don`t want to offer paid memberships - especially in this economy.

Eventually, we`ll have product to sell but not immediately.

Look forward to hearing more...

Lori

AllOcc

posts: 1

Mar 13, 2009 9:54 AM ET Quote Report Abuse

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Networking, networking, networking. Try to get the word out about your services through community networking--chamber of commerce if you belong, etc. Also, list your website/services where ever you can--free listings count!

Good Luck

-------------------------

Roxane

Personal Events to Corporate Promotions & Fundraising!
Any Occasion, Any Season, Any Reason...
http://www.AllOccasionalities.com

AnuD1973

posts: 5

Mar 15, 2009 1:20 PM ET Quote Report Abuse

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I totally agree with Craig. "No business can exist that sells nothing:" You are either selling a product or a service. For example, a person who is a lawyer is ofcourse selling his skills.

LoriB

posts: 5

Mar 15, 2009 6:03 PM ET Quote Report Abuse

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Dear AnuD1973,

You and Craig, along with others, bring up a very good point. We are looking into PPC and an exclusive membership scheme where there are some services on the site that are non-member while others offer a monthly/ 6-mos and 1 year membership fee.

Thanks so much for your kind help!

Best,
Lori

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