Workable Internet Business Model
When we look at the importance of having a sound business model, we made some studies into websites that don't make it to survive. In this article, we will look at 3 websites that seems to be doing well in the market, at least to this moment. And a golden key in the model is that, they are PLATFORMS.
Remember the Golden equation?
Let's look at the case studies:
1. ClickBank.com
Founded in 1998, ClickBank is a secure online retail outlet for more than 50,000 digital products and 100,000 active affiliate marketers. ClickBank makes a sale somewhere in the world every three seconds, safely processing more than 35,000 digital transactions a day, serve more than 200 countries, and are consistently ranked as one of the most highly-trafficked sites on the web.
The company has paid their clients on time, every time, for over 10 years. As affiliates, you can find tens of thousands of digital products to promote online. Get your ambition rewarded; As vendors, you can attract customers and accept payment for your digital products online, and get your imagination rewarded!
2. Flippa.com
The #1 Marketplace for Buying and Selling Websites, connecting worldwide website buyers and sellers. Website buyers love Flippa due to the extensive inventory of websites and domains to suit a range of website investors. Website sellers come to Flippa due to it having the highest sales rate in the industry—largely due to the massive size and quality of the Flippa website buyer audience.
How Much Does It Cost?
Listing your website for sale on Flippa costs just $19 plus a 5% success fee when you make a successful sale. Don’t worry if your website sells for $10,000 or more as the success fee is capped at $500.
Additional listing upgrades, such as featuring your website on Flippa’s homepage are available to help your website stand out from the crowd.
At time of writing, Flippa has over $53M overall sales.
3. Fiverr.com
The place for people to share things they're willing to do for $5 - Buy. Sell. Have fun!
How to sell?
1. Create a gig for a small service you are willing to offer
2. Share your gig with the world
3. You will be notified when your gig is ordered, and be asked to accept it
4. Fiverr will credit your Fiverr balance with $4, 48 hrs after you successfully deliver your work
5. Withdraw your earnings to your PayPal (according to the terms of service)
In summary, if you could notice most of the successful websites over the internet, they are no other than "platforms" which link up 2 parties involved, and make their cut in the trading process in between. Have you got the picture for your web property now?
Remember the Golden equation?
Let's look at the case studies:
1. ClickBank.com
Founded in 1998, ClickBank is a secure online retail outlet for more than 50,000 digital products and 100,000 active affiliate marketers. ClickBank makes a sale somewhere in the world every three seconds, safely processing more than 35,000 digital transactions a day, serve more than 200 countries, and are consistently ranked as one of the most highly-trafficked sites on the web.
The company has paid their clients on time, every time, for over 10 years. As affiliates, you can find tens of thousands of digital products to promote online. Get your ambition rewarded; As vendors, you can attract customers and accept payment for your digital products online, and get your imagination rewarded!
2. Flippa.com
The #1 Marketplace for Buying and Selling Websites, connecting worldwide website buyers and sellers. Website buyers love Flippa due to the extensive inventory of websites and domains to suit a range of website investors. Website sellers come to Flippa due to it having the highest sales rate in the industry—largely due to the massive size and quality of the Flippa website buyer audience.
How Much Does It Cost?
Listing your website for sale on Flippa costs just $19 plus a 5% success fee when you make a successful sale. Don’t worry if your website sells for $10,000 or more as the success fee is capped at $500.
Additional listing upgrades, such as featuring your website on Flippa’s homepage are available to help your website stand out from the crowd.
At time of writing, Flippa has over $53M overall sales.
3. Fiverr.com
The place for people to share things they're willing to do for $5 - Buy. Sell. Have fun!
How to sell?
1. Create a gig for a small service you are willing to offer
2. Share your gig with the world
3. You will be notified when your gig is ordered, and be asked to accept it
4. Fiverr will credit your Fiverr balance with $4, 48 hrs after you successfully deliver your work
5. Withdraw your earnings to your PayPal (according to the terms of service)
Platforms - Sound Internet Business Model
In summary, if you could notice most of the successful websites over the internet, they are no other than "platforms" which link up 2 parties involved, and make their cut in the trading process in between. Have you got the picture for your web property now?
