Posted 28 May 2005 - 03:10 PM
I think the internet is where you can make big money for little outlay, it looks like most of the people here who have websites do there own design and programing using Html, PHP and Mysql. These are very powerful tools if you have learnt them and they are not hard to learn, i am self taught on all three and learnt by reading tutorials on the web i then brought books and learnt more. If you know how to design a website with the above three then i think you are halfway there, being that you don,t have to pay for design and development, the inital cost of any web business would have to be design especially if it requires a database. You can do it for free and at your own pace and while you work, the internet is still in its infancy and will be around long after we are dead and gone so there no rush to get it all done next week.
Web design can require alot of your time so pick carefully what you do with it, i started about five years ago put all my time into a project which i gave up on after about 6 months and haven,t done any web work until now, why because i lost interest in what i wanted to and thought i was all to hard to make any money unless you had plenty to get started. I have some what change my view since then and below is some of my thoughts.
1. I believe there is no more "quickmoney" to be made on the internet (legally) if you know of any any please let me know. Its all take time to build a good site and attract traffic.
2.You don,t need a tangible product to make money from the internet. dating sites or job sites don,t have tangible products. They are sites where people put information that other people want and usually pay to do so. The internet is the information highway and we are paying for that information more and more everyday.
3.History does repeat itself on the internet. Just like in real life how many time do you see a petrol (Gas) station across the road from another petrol (Gas) station, do you think the guy who built the second one thought that it was no use building a petrol station across the road form the first guy because he had the market cornered Hell No! he/she would of looked at the market and seen there was enough traffic to support both businesses and after a few price wars it all settle down and they both have a profitable business. The worlds population is growing not reducing, the number of internet users is growing at a rapid rate not declining so there is plenty of room to build your "petrol (Gas) station" on the web.
4. What is your market?. Globle, National, Statewide, Local. This is an important factor when deciding on what internet business you want to provide, are there any "non Tangible" services you can provide in you local area or state. Most people who want to meet other people don,t like to travel to far, Maybe a local dating service or specialised local job market. CD's and Books are easy to distribute thru the mail but what about Organic food and Vegies these need to have a more specialised delivery systems and usually supplied locally, what else falls into the same category.
5. Traffic? Well if its a Global or National business you would want then list with as many free search engines as u can and hope for the best or spend big money on advertising in the media and web campains and direct traffic to your site that way.
Building a site that is suited for the state or local market can be a better option as you can advertivse your domain fairly cheaply in the local papers or put up flyer around the communtiny. Start small and expand to other areas as u grow.
6. Research, research and research. Find out who doing what and how, can you find a nice market to slide into. List down all the information site you can find and are people paying for the information, can you duplicate it in you area.
7.Cost. If you can do your own web design then it should be cheap. Domain name for $70 and hosting for $300 per year with decent bandwidth should get you going and if you get plenty of traffic then you have want people want so charge them for it.