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Forum nameBiz Ideas
Topic subjectRE: Good idea / advice?
Topic URLhttps://www.businessownersideacafe.com/forums/dcboard.php?az=show_topic&forum=103&topic_id=754&mesg_id=800
800, RE: Good idea / advice?
Posted by Roseb441702, Thu Feb-22-07 09:08 PM
>Have a project for a class to come up with a business, kind
>of struggling with ideas. I'm wondering if a set up of some
>kind of football coaching website where i would give advice,
>stats , videos, message boards ,etc. It would kinda be like a
>football for dummies kind of thing except with a lot of
>interactive features. How could i turn this into a business,
>i dont understand how a site like ths would generate money.
>Any advice would be greatly appreciated.

Well the first thing that comes to my mind is that people who start a website dealing with a certain niche will add Goggle's Adsense ads to their site. Basically speaking the ads on yourwebsite would be relevent to your pages' content. For example there is a guy that has a handy-man - type website where he has Adsense ads that are relevent to his website's contents. When people click on the ads he generates income from that. In this particular example he has made upwards of $100,000 so far.

There is also the route of traditional advertising and sponsorship where you would get advertisers and sponsors for your website. You can also ask for donations - lots of websites have Paypal donation buttons.

Then there is the income that comes from gaining and building the site's reputation. You may be asked to write an article - which could lead to writing a book, you could get local publicity from your local media which would result in more publicity for your site which would result in more recognition and bring more visitors to your site which would increase the site's value and that will help in bringing a higher rate to charge your advertisers/sponsors.

Its not a simple case of "build it and they will come" but there are many possibilities to earning an income with this.