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Top 8 Internet Business Ideas

By: Jeff Foster at WebBizIdeas

Submitted on Fri, May 16th, 2008 1:31 am

Web 2.0 refers to the second generation of Internet-based services & applications that online businesses use? and they are revolutionizing the way online business is done. In addition to Wikis, Blogs and Social Networks, newer technologies like Internet TV, Vlogs and Content Management Systems emphasize online cooperation and facilitate information sharing.

#1 Social Networking Communities

WebBizIdeas Definition: Online Social Networks are groups or communities that are brought together by a common interest and communicate with one another online. Content sharing, photo sharing, music sharing, video sharing, movie sharing, file sharing, and anything else which allows online users to easily & securely share information with one another are common classifications of various types of social networking websites. When users register on a social networking site, they can use their Internet Business Idea to create their own web page, blog, forum, classified ad, post live events, share videos, share music, share pictures, or countless other features you can have a web development company like WebBizIdeas build. The best part about starting a social networking Internet business is it is affordable & easy! I am not saying that you will not have to do any work, but social networks promote themselves - if you build it they will come.

I recommend: Example Social Networking Websites:

www.Myspace.com
www.Youtube.com
www.Vox.com
www.Multiply.com
www.Cyworld.com
www.Linkedin.com

Recommended Social Networking Software

PHPFOX www.phpfox.com
HandShakes www.dzoic.com
WebBizNetworks www.webbizideas.com
PHPizabi www.phpizabi.net

#2 WIKI Websites

In case youve been living under a rock on Mars, it seems that everyone and their brother has some sort of web page. As technology becomes more advanced, Internet business owners need to find new ways to organize this information into an easy to use format. But what is the best way to do that? What if you could build a website where experts in all industries could freely share information not only with one another, but with anyone? That is what the developers who built www.Wikipedia.com set out to accomplish. Wikipedia.com is a large online encyclopedia that anyone can read or edit. You can look up the definition of wiki and if you disagree with that definition, you can edit the page so others know.

I recommend: You can download the same software Wikipedia uses for free at: www.mediawiki.org

#3 Blogging Websites

Wikipedias Definition: Blogs often provide commentary or news on a particular subject, such as food, politics, or local news; some function as more personal online diaries. A typical blog combines text, images, and links to other blogs, web pages, and other media related to its topic. The ability for readers to leave comments in an interactive format is an important part of many blogs. The best part of blogging is that anyone can start one for free. Use your Internet business as a basis for your blog. You can go to WordPress.com and download blogging software free. It is a wonderful way for anyone to express themselves whats more, your target audience will tune in to listen to what you have to say. WebBizIdeas.com has recently started our own blog, because people need to become aware of the Internet business opportunities available online.

I recommend: If you are looking to start an Internet business, starting out with a blog can be one of the best ways to go!

Tips before you start writing:

1. Research your target market
2. Find out the competitiveness of your Internet business idea.
3. Research how to optimize the pages you write for the search engine.

For other essential tips, software providers, and to Learn How to Start an Internet Business visit WebBizIdeas.com.

#4 Video Sharing Websites

Wikipedias Definition: Refers to websites or software where a user can distribute their video clips. You may have already seen a small taste of what a vlog is with youtube.com. Companies like AOL have come out with their own version of video sharing, www.video.aol.com. They have partnered with a company called brightcove.com, which will allow you to share & sell videos online. Although youtube.com has exploded onto the market, we know that video sharing software will evolve above & beyond simple video sharing. To read a great post on video sharing software click the link below:

I recommend: Learn more about why Video Sharing Software is so popular!

#5 Mlogging Websites:

WebBizIdeas Definition: There is not a Wikipedia definition out there because it doesnt exist yet. In the future, you will see Movie Sharing (Mlogs) take over the Internet as server & bandwidth costs decrease. Around 2010 2012, many large Telecom companies such as AT&T will have their IP Networks (replacing fiber optic cables) completed and the ability to share an entire movie online will be available. This is a great Internet business idea. You may have not even heard of a Mlog, but we guarantee you will very soon. As technology catches up with consumer demand, you will be able to download an entire movie from Netflix.com or Blockbutser.com instead of having to rent them. Large companies use this technology to allow users to download movies instead of rent them. Social networks allow their members to share full-length movies instead of just photos, music, or video clips.

#6 Internet TV

Want to know what the next myspace.com or youtube.com Internet business idea is? Movie sharing websites will have their day in the sun, but Internet TV is the next big thing! You will read stories about how some 16 year old kid started recording a TV show in his basement, broadcasting it online, and the rest is history! Telecom companies - like AT&T - are building their own networks that will allow small businesses to have the same capabilities as large TV Stations for a comparable price. In a couple years, it will be standard for users to wirelessly connect their computers to their TVs. So instead of viewing a TV show on your 19 computer screen, you will be viewing it on a 60 LCD HD TV. Apple already sells a product called Apple ITV that will stream video from your Mac, PC, or Ipod to your TV for just $299.

I recommend: Bright Cove is a company that is already leading the way in Internet TV. They allow you to launch your own TV Network online. What you will see in the future are more home made networks being created that anyone will be able to view on their TV just like a regular TV show. Instead of waiting for your favorite program, you can just pick and choose from millions of them.

#7 E-Commerce Sites

Some of the earliest & largest Internet businesses are retail e-commerce websites. Much of Amazon.coms success came from the complex (and expensive!) programming of their e-commerce software. Today, it is easy & inexpensive to hire a web design company to build & install e-commerce software into a domain name of your choice.

Recommended E-Commerce Software:

www.Oscommerce.com - free
www.Creloaded.com advanced oscommerce
www.cubecart.com - advanced oscommerce
www.3dcart.com very nice
www.earlyimpact.com advanced
www.volusion.com very advanced/expensive
www.webbizideas.com SEO friendly

I recommend: Companies are finding new ways to improve online retailing by offering Print-on-Demand services. Companies like customink.com & cafepress.com empower individuals, organizations and businesses to create, buy and sell customized merchandise online using print-on-demand and e-commerce services. If you have a cool idea or design for a t-shirt you can upload it to cafepress.com and other people can buy it. Cafpress.com will print and ship the T-shirt, and write you a check for the commission. It is a great concept that can be replicated in any industry - any specialized industry can benefit from Print-On-Demand services. In the future, if you write a book there will be no need to spend thousands of dollars to get it published. Youll be able to just upload it to a Publishers Website. People will buy it from that Publishers website and will print the book, ship it, and send you a commission for each sale.

#8 Content Management Systems (CMS)

Wikipedias Definition: A content management system, or CMS, is a computer software system used to help with content management. A CMS facilitates the organization, control, and publication of a large body of documents and other content, such as images and multimedia resources. A CMS often facilitates the collaborative creation of documents. A web content management system is a content management system with additional features to ease the tasks required to publish web content to websites. Content Management systems are installed on existing Internet business websites. Since search engines love content, adding a CMS to your website can greatly improve your search engine rankings. If you are looking to start an Internet business, a CMS may also be the right solution for you.

I recommend: Free CMS Software:

1. Joomla
2. Mambo

Many online businesses fail because they dont take the time to build their business correctly. Building the best website in the world is not going to make you a millionaire if your customers cant find it. CMS allows you to build a website with loads of content, optimize it for the search engines, and increase website traffic before you even start your business.
For example, say you want to teach people how to design their own wedding cakes. When you download free CMS software and start writing, what you will find is there are many other people interested in what you do for a living.

Many people will just want to learn how to do it, but others will want to hire you because they view you as an expert. Plus, after writing about decorating wedding cakes and posting it online you could become number one for decorating wedding cakes in the search engines!

Become Aware This leads us to our last point. The Internet is presents a large opportunity for connecting information & people. It allows anyone in the world to become more aware of anything they are interested in. It is human nature for people to search for information - the Internet gives people the opportunity to easily share information. Entrepreneurs can take advantage of this demand and set up businesses like the ones mentioned above, helping people become aware of people, places, and information around the world. Everyone on this planet is affected be everyone elses thoughts & actions. If you can come up with a business idea that will raise awareness, you will find success in whatever business venture you choose to pursue. They say two minds are always better than one - just think if 6.5 billion people worked together for a better society. WebBizIdeas.com has already started sharing, read our Internet Business Ideas.

About the Author

Jeff Foster
WebBizIdeas
I am a website designer & internet marketer for WebBizIdeas.com. I have been building & marketing internet businesses since 2000. I enjoy working on Web 2.0 projects. Social Networking, Search Engine Friendly Designs, and Content Management Solutions are among my favorite sites to build. I greatly enjoy Search Engine Optimization. More recently I have been studying the effects of Social Media websites; such as YouTube.com. Social Marketing will be HUGE (already is) and I enjoy helping my clients benefit on this trend now...before the big rush.

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