Which Business Model Is RIGHT For Your Situation? [Episode #85]

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We're going to go over 4 different online business models that we know very well today.

The first one is services, then content sites, then eCommerce businesses and finally local lead generation. 

Each of these business models has pros and cons, and you will want to listen in to see if you're on the right path.

You never know what sort of hurdles you'll run into in business, but listen to this episode to safe guard yourself on the most common challenges of each model.

PS. Are you looking to amp up your online empire? Check out our latest specials for affiliates, dropshippers and local lead gen. sites: https://www.humanproofdesigns.com/discounts/

Topics

4 business models

  1. Services
  2. Content sites
  3. eCommerce sites
  4. Local lead generation

Questions you need to ask yourself:

  • Which biz model interests you the most?
  • Do you enjoy working with “customers?”
  • Front loading expenses vs front loading income
  • How much do you have to invest?
  • Time vs money
  • More money is helpful in every business model
  • How active do you want your business to be?
  • Every business can become passive, but some require more overhead than others for that to happen.

Pros & Cons

Services

  • Cons: Harder to scale, need reliable people, lower profit margins
  • Pros: Easiest to start, can charge high dollar amount

Content sites

  • Cons: Front-loading work, requires compounding
  • Pros: great profit margins in the future, more passive, simple, audience building

eCommerce sites

  • Cons: Capital investment can be high, PPC can be competitive, consumers are becoming smarter
  • Pros: Easy to understand, margins increase with scale, opportunity to be unique – but not necessary to make income

Local lead Generation

  • Cons: Sales skills are good to have, lower number of vendors to purchase your leads (becase it's local), harder to gain compounding efforts
  • Pros: Helping local businesses, flexible strategies (PPC, SEO, sell site, start the business, rent, sell leads), multiple vendors

Which one is best for you?

Mentions

Quotables

14 thoughts on “Which Business Model Is RIGHT For Your Situation? [Episode #85]”

  1. Can you take an affiliate site such as “winecoolerexample.com” and introduce items for sale. For example sell a basket of sku’s (not coolers) that are wine related – or is this strategically a mistake, etc. Outside of Amazon and Wine Enthusiast there aren’t any decent ecommerce wine merchandise sites. I’ve researched this market and there are only two people offering good quality products over all of the wine related categories. I don’t have any experience in setting up ecom vendors, etc. but assume you guys do.

    1. Yes, you can certainly do this and pairing ecommerce with Content Marketing is a great call.

      We’d be happy to discuss further how we do this, if you want to get in touch here: humanproofdesigns.com/contact

      Thanks James!

  2. I focus on content marketing – it has always worked and we know that websites with good content created with the user in mind sell better too!

  3. I focus on content marketing – it has always worked and we know that websites with good content created with the user in mind sell better too!

  4. Thanks for this nice post. I think that the Content sites is the best Model for me. I tried to promote my eCommerce website, but without any luck.

  5. Can you take an affiliate site such as “winecoolerexample.com” and introduce items for sale. For example sell a basket of sku’s (not coolers) that are wine related – or is this strategically a mistake, etc.

  6. Basically, lead generation is currently looking at by every business person. Great to you all you mentioned important pros n cons of each type of business. Keep sharing more information about your upcoming blogs.

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