Subscribe to the free God is Faithful devotional from Larry Burkett and Chuck Bentley
First, let’s look at viability. To be viable, a web-based business has to provide real value for customers while charging a meaningful amount of revenue that that is sufficient enough to cover expenses and results in a profit. What the internet as a channel really brought to customers was a level of connection, efficiency, and information that was unprecedented. Some business models simply tried to build a compelling model around a transaction that required a lot of information to be exchanged, while, others tried to offer information to customers at no charge, while shifting their revenue model in the form of advertising or lead generation paid by a provider that was looking for customers. And there are many other types of internet business models. In total, they will typically fall into one of these categories, as defined by Michael Rappa in his book, Managing the Digital Enterprise: Brokerage, Advertising, Infomediary, Merchant, Manufacturer, Affiliate, Community, Subscription, and Utility.
Get a free debt analysis from a certified credit counselors. Counselors serve as unbiased advocates, offering you prayer, guidance, and resources to get out from under overwhelming debt.