With over a billion web pages and almost as many websites on the Internet, have you ever wondered how they all make money? The truth is that a small percentage does. The problem is because of several factors, in no particular order:
- Domain names are cheap and easily reserved by anyone of any age.
- Sites can be built off a basic template, often supplied by the domain seller.
- Hosting can be just a few dollars a month.
- There are no checks and balances as to content, design or purpose of a site.
- There are an endless amount of topics and ideas to explore on the net.
- For many, it’s a hobby not a business. So there is no incentive to make money.
- There are many businesses that have a basic one-page site for appearance sake.
- Many sites rely on Google ad revenue or some other venue that pays very little.
- Some people just want to make a political or personal statement to reach a lot of people.
So, if you fall into one of the aforementioned categories, you are probably not too serious about using the net to produce a decent wage or make a living. The vast masses are more concerned about just getting something up than marketing and getting people to see the site. It takes a business plan, a targeted audience, a budget, online promotional know-how, knowledge of the community and industry, willingness to wait for results, and a tracking method to monitor success.
Most web owners fail to plan for failure and adapt to changing times. They are not educated about keywords, SEO and PPC. They are more concerned with picking the right color or posting cute pictures than driving traffic or building relevant content.
They also underestimate the true cost involved in competing with those already there and getting to the forefront of the category where most surfers will land and click.
But, then again, this is the same for any true businessperson, in retail or services. They must choose to be a player or an observer. If they allow the net to gobble them up in the shear immensity of it all, they fail. Or they can decide to separate themselves from the rest by keying in on a unique feature or benefit they have to offer.
The reason I know all this is that I’ve been consulting to businesses for over 35 years, way before the advent of the Internet. The same applied back then as it does today. If you really want to create wealth of the web, commit to being a business and do what it takes to become an entrepreneur. Then you can truly have a net advantage.