These Are Niche Websites Which Cater To A Certain Segment, But Have A Strong Presence In Them

Business, Home Business.

Making a living on the internet - the internet started out with a lot of promise transcending from being merely a scientific tool to an effective commercial tool. Professionals were suddenly moving away from traditional brick - and - mortar businesses to set - up websites having an e - commerce potential.

This notion of the Internet being particularly useful for commercial aspects further gained ground during the late 1990s and early 2000s, when the dot com industry was at its pinnacle. - such was the rush and the craze about these dot com models, that the market capitalization of these website models were often much more than the mammoth brick and mortar companies which had stood the test of time. However, when these stocks started crashing, none of the websites could actually substantiate their market capitalization, the dot com bubble burst, and the myth was broken that you can actually make a living on the Internet. These websites also started being listed on stock exchanges like the NASDAQ and NYSE, and their share values created even more hype. However, there have been, with Web 0 a number of websites and e - commerce websites which show that with a smart plan and effective marketing, it is viable to work on the Internet and make profits. In fact, Google' s shares sell for a higher price than even traditional blue - chip companies like General Motors. The biggies in the Web today, Yahoo, be it Google! , MSN, are hugely successful, Amazon and have become money spinners.

It is not only these big websites which are profiting from sound business strategies, and a strong business model, even smaller local websites are capitalizing on new ideas, and creating a business out of them. - considering the number of users on the internet today, it is imperative to get the maximum number of users to log on to these websites. These are niche websites which cater to a certain segment, but have a strong presence in them. These are called hits. This is the main principle on which Yahoo! , MSN, etc. operate. It is depending on the number of hits on a website that a website can lure companies to advertise on their websites.

The other business models are those where you have to pay a registration fee to use a service on the website. - amazon and makemytrip are websites which are based on traditional businesses which they have brought into the realm of internet, thus making the business of selling books, much more convenient, travel tickets. Some of the popular websites in this genre are Amazon. com, Makemytrip. com, Hungama. com, etc. Nowadays, it has also become simple for home users having amateur websites to make a living on the Internet, and this phenomenon has grown even more rapidly after the advent of Blogs. Also, Google has started a model by which whenever a website user adds a Google search icon to his website, and a search is then conducted from his website, Google pays the website owner, thus making this the easiest form of earning on the Internet. Blogs help advertise and sell home - made wares in simple informative format, which would have been highly expensive if one were to advertise on the traditional mediums.

Thus, with a sound business strategy, it is now every easy to make a living on the Internet.