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	<title>iMedia Ventures &#187; Online Business Model</title>
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	<link>http://imedia-ventures.com</link>
	<description>Websites and Mobile Apps</description>
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		<title>Try this Online Business Model</title>
		<link>http://imedia-ventures.com/try-this-online-business-model/</link>
		<comments>http://imedia-ventures.com/try-this-online-business-model/#comments</comments>
		<pubDate>Sat, 11 Jul 2009 16:38:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Online Business Model]]></category>
		<category><![CDATA[internet business]]></category>
		<category><![CDATA[Internet Marketing]]></category>
		<category><![CDATA[work from home]]></category>

		<guid isPermaLink="false">http://imedia-ventures.com/?p=240</guid>
		<description><![CDATA[One of the fatal mistakes that most of us make (and I did for years) is to do a lot of hit and miss attempts, without any plan or consistency. We give up on blog posts,don&#8217;t send emails to our &#8230; <a href="http://imedia-ventures.com/try-this-online-business-model/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><a class="a2a_dd a2a_target addtoany_share_save" href="http://www.addtoany.com/share_save#url=http%3A%2F%2Fimedia-ventures.com%2Ftry-this-online-business-model%2F&amp;title=Try%20this%20Online%20Business%20Model" id="wpa2a_2"><img src="http://imedia-ventures.com/wp-content/plugins/add-to-any/share_save_171_16.png" width="171" height="16" alt="Share"/></a></p><p>One of the fatal mistakes that most of us make (and I did for years) is to do a lot of hit and miss attempts, without any plan or consistency. We give up on blog posts,don&#8217;t send emails to our list consistently, don&#8217;t market consistently, etc. But the biggest issue is not having an overall plan, where each action is part of a larger system.</p>
<p>Here&#8217;s a simple business model that you can try:</p>
<p><img class="alignnone size-full wp-image-243" title="bubblus_new_guitar_model3" src="http://imedia-ventures.com/wp-content/uploads/2009/07/bubblus_new_guitar_model3.jpg" alt="bubblus_new_guitar_model3" width="489" height="382" /></p>
<p>I actually noticed that from only 32 YouTube videos in one niche I am getting about $65/month in advertising revenue. I signed up for the &#8216;revenue sharing&#8217; plan where Google puts ads on the videos. While I&#8217;ve never big a big fan of advertising you can&#8217;t deny it when you get actual results (ie. money)!</p>
<p><strong>Back End Product(s)</strong></p>
<p>Let&#8217;s start with the back end product. Let&#8217;s say we have a DVD course (or equivalent online information product) that we want to sell. We create a sales page for this product.</p>
<p><strong>Sandwich Page</strong></p>
<p>Then we create two pages that will lead to this sales page. One is an email capture page (a sandwich page) that offers something of value related to our back end product. For example it could be a video with a text field for people to enter their email address. After they submit it (and we capture via our email autoresponder) we take them right to the valuable content.</p>
<p><strong>Free Content Page</strong></p>
<p>On this second page, we give them the content we promised along with a &#8216;Click here to continue&#8217; button. This button/link takes them to the sales page which has our product &#8211; it&#8217;s critical that the free content is related to the product and is &#8216;useful but incomplete&#8217;. We want to provide them great content but that leaves them wanting more.</p>
<p><strong>YouTube Videos</strong></p>
<p>To drive people to our sandwich page we can of course use Google Adwords. But from a free/SEO perspective you will want to take the video that you had on the sandwich page and broadcast it to all the video sites (I use TubeMogul for this). But specifically for ad revenue, let&#8217;s talk about YouTube. Put the video there and request to have it &#8216;revenue shared&#8217;. This will put ads on the video. As I mentioned I get $65/month from 32 videos and I plan to add hundreds more videos soon. If that scales then it could be $1000-2000 month in revenues. You may not want to sign up for revenue sharing and keep it ad free. That is fine to test as well.</p>
<p><strong>Email Followup</strong></p>
<p>Don&#8217;t forget the email component. You can then send them useful content over time as you create or find it. And also send affiliate offers of truly useful related products your customers might need. You can also send them your offers as you create new, higher priced back-end products.</p>
<p>You can use other SEO tactics as well (articles, blog posts, etc) once things are rolling.</p>
<p>If you don&#8217;t make money from the ads, you will at least have a ton of great content leading to your website, which is also great for SEO.</p>
<p>For the past few months I&#8217;ve been able to focus on one niche day and night and I&#8217;m definitely seeing traction as the consistent action within an overall plan starts to pay off.</p>
<p>To set up an inexpensive website that you can easily maintain yourself, as well as building email lists, shopping carts or membership sites, please see our <a href="http://imedia-ventures.com/consulting-services/">internet consulting services</a>.</p>
<p><a class="a2a_dd a2a_target addtoany_share_save" href="http://www.addtoany.com/share_save#url=http%3A%2F%2Fimedia-ventures.com%2Ftry-this-online-business-model%2F&amp;title=Try%20this%20Online%20Business%20Model" id="wpa2a_4"><img src="http://imedia-ventures.com/wp-content/plugins/add-to-any/share_save_171_16.png" width="171" height="16" alt="Share"/></a></p>]]></content:encoded>
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