Theme business for free content management systems like wordpress, joomla, drupal, magento is another profitable business idea to look at. We looked at other success stories on themeforest and woothemes, this is another succeed internet business that earns more than 2 million $ per year. As in every business there are easy and hard parts to it. Easy part is you spend your energy to build a theme and then sell it several times through subscription. Every subscribed customer can use any theme that they provide and change whenever they want to new or other theme. Difficult part is to deal with client requests and address theme related problems while explaining other related issues and custom development needs.
Every person who sees success that internet entrepreneurs get want to replicate that business and success. It is great goal to achieve but there is tiny problem to rich that level of success you need to have huge traffic. Mostly service providers, big popular blogs, social networks targeted by this new prospect entrepreneurs. I felt same when I decided to start free blog service. Revenue model is in most cases adsense advertising. Service itself is free to users and we hope that advertising will cover server costs.
What is niche site? – Niche site is a site dedicated to one topic that has around 10000 search requests monthly. Domain name for website is chosen using exact keywords without hyphen. For example if you want to create a site about “Glass table designs” you would check google keyword tool for monthly search requests (results with 50,000 to 10,000 are good), competition (middle scale) and average CPC (cost per click. 1-2 $ is good enough). Then search for that keyword and check for competition on google. If on first page you get very few niche sites two or less then it is good. Then check if domain name preferable Glasstabledesigns.com is available and create content for your niche site.
There are 2 type of business ideas around niche sites.
Promotionalcodes.org.uk is UK centered retail affiliate website offering promotional coders to consumers. Site is built with 6 month target to become profitable to support a family. Site had profit of 145,000 pound first year, 1 million pounds second year and 2 million pounds third year. After that was sold for several millions to other company. Site has 1 million visitors each month, 90% of traffic comes from search engines.
New business ideas can be found in forums. Forums attract certain amount of visitors who are passionate about forum topic. They ask actual questions related to their niche. You can learn a lot from forum posts and most visitors come to forums from search engine to solve their problems and learn stuff. I remember using forums to upgrade my windows 6 and android mobile phones.
Forums are hot places to learn and forum owners can learn a lot as well. Here is what sitepoint owner Matt Mickiewicz learned from his forum, from his experience and decisions we can learn as well.
Here is other idea of making money from blog. It is not ad driven approach as many of you may expect but product and consulting driven business model. Benefits of using this model is huge compared to ad driven revenue generation.
This are basic advantages of product and consulting driven revenue model from blogs:
- Traffic don’t have to be in millions page view, but rather 10,000 focused traffic is enough to make 100K+ per year. This makes approximately 1$ per unique visitor.
Always want to build some web business but sometime don’t have good idea, idea is not generating income, project is not scalable or lost focus in the project. In my case I don’t get to the point where I can charge people for my product. In most cases it is because I never thought about it at the beginning and didn’t built projects for profit. Key to success it trying possible ideas in systematic way analyzing each stage and outcome.
This is solution I was searching for and hopefully it will solve all my mobile app building problems. and coolest part is they are adding every new platform to the system. For example if I develop for android and publish for iphone and android. Later if bada becomes popular I can publish it for bada without writing single line of code. It is awesome.
PhoneGap is the platform that enables this and their prices are affordable. They also have free version for open source apps.