Analyse your revenue Model
These are some questions you must ask yourself before you go ahead.
- Where are our revenues coming from?
- What value is delivered to which markets?
- What costs are involved in delivering that value?
- Are our perceived key activities and key resources as important for gaining revenue as we think they are?
- If we change our model in a specific way, what are the effects?
“A business model describes how your company creates, delivers and captures value … (or depending on your metrics for success, gets users, grows traffic, etc.). … A business model…is a drawing that shows all the flows between the different parts of your company … including how the product gets distributed to your customers and how money flows back into your company. And it shows your company’s cost structures, how each department interacts with the others, and where your company fits with other companies or partners”
The Ultimate Guide To Monetization Models
Well Making money from websites and blog is not as easy as it seems to be. First thing I would like to ensure is that you should be willing to do frequent updates with fresh contents. Whether you have a blog, corporate website or ecommerce store, updating your website on a regular basis has many benefits. The updating frequency depends on several of factors.
PPC(Pay per click)
Generally speaking, web advertising is any form of Internet-based marketing. But typically, when web advertising is discussed, people are referring to methods such as Pay-Per-Click (PPC) and display advertising. Both of these campaigns are typically used in conjunction with Social Media or search engines, such as Google and Microsoft’s Bing. PPC advertising is effective because when users search, they’re actively looking for a solution.
A PPC ad is only displayed when a user searches for a predetermined keyword or keywords. The ad can then be displayed above the search engine’s organic results, as seen in the screenshot below.
These ad placements are provided by Google, Bing, Facebook, Twitter or any of the other myriad third-party companies that offer media buying. Display advertising refers to image, audio, or video ads placed on a website – whether manually, or inserted via ad software. You might have checked for youtube ad placements.
Similarly our theme provides Ad placement on three positions.
Ads VisibilityRun ads for all users
Run ads only for logged-out users (less revenue )
Pause ads (no revenue)
Second: ad below post
2. Affiliate Marketing and Lead Generation
When Talking about Affilate marketting. We all must be knowing about the tech giants as amazon,flipkart etc.
Affiliate marketing is the process of earning a commission by promoting other people’s (or company’s) products. You find a product you like, promote it to others and earn a piece of the profit for each sale that you make.
All you need to to do is contact these affilate marketers and the sell your ad space as required.
The buying process has changed, and marketers need to find new ways to reach buyers and get heard through the noise. Instead of finding customers with mass advertising and email blasts, marketers must now focus on being found and learn to build continuous relationships with buyers.
3. Selling Data
If your app collects big data on customer habits or preferences then it’s likely that these data are of value to other companies whose products depend on knowing what people want and do.
For instance, the ultra popular and free check-in app Foursquare allows users to publically share their locations These data would help Starbucks decide where exactly to build their new stores by visually assessing where most people congregate, for which purposes, and so on.
4. Transaction Fees
Charges for anything you specifically provide either it is a software as a service or it is some goods you provide or any sort of contribution you want for your website.