This week we have been discussing business models and how to choose the type of business for our online business we will be creating in this class.
Before reading through some of the scenarios and really gaining a solid grasp on online businesses I had assumed that the only type of online business was that of a E-commerce. This would encompass the typical site that would offer some sort of product for sale.
However, I have learned this week that there are tons of other ideas out there, some in fact that don't require any actual "sales" on your part. Some of these would be affiliate business model which allows someone to have a site that directs the viewer to a link where they can purchase an item. Others sale space for ads by other companies... the list of ideas is fairly deep.
One of the most important things when regarding what type of business one should choose is to keep in mind key words and their competition. We also learned to look at that and take that into effect this week. The hardest part of the keyword search, is simply coming up with several different key words for your idea of a product or service you think you'd like to offer.
As a long time crafter, and having a mother who has always dreamed of having an online presence to sale some of the handmade goods we make, I am 90% sure I will be attempting the E-commerce model and selling some of our one of a kind handmade goods. Though I know it won't be perfect, I am viewing this as an experience and an experiment. I think this class, and project will be a wonderful time to get my toes wet, and be able to "tinker" and look at different avenues with regards of getting an online presence for our handy crafts.
Here goes nothing!
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