Internet business has been getting an increasing level of recognition. Things that were deemed impossible has been made possible with a click of a mouse and modules such as E-commerce and e-preneur is becoming more popular. I remembered during my university days where one of the toughest subjects that time was E-commerce. We knew that internet is going to big but we never knew it was going to be this big. We have read about so many millionaires and billionaires created from the internet or from harnessing the full potential of internet. Founders of Facebook and Amazon have placed themselves as one of the richest in the world today by leveraging on internet.

The creation of internet has indeed made the world a smaller place. In short, things that took us weeks or months to do can now be done in mere minutes. We can purchase items from all over the world without the need to be there. We can harness information with a click of a mouse.

To help some of us understand how one can earn from the internet, I will touch on the various techniques that we can choose in order to earn online. Just as in martial arts, internet is a weapon or tool. We need to know how and when to use them. If used properly, we can harness its rewards. In fact, these pointers which I am sharing can also be read from one of the text which I used for my degree.

What is a revenue model? A revenue model is a description of how a business earns its revenue. Some of the revenue models includes Advertising revenue, subscription revenue, transaction fee revenue, sales revenue and affiliate revenue. Most companies will rely on one but there are some who rely on a combination of these models.

1- Advertising revenue

According to Kenneth & Carol(2007), this happens when a company provides advertisement spaces and opportunities for other companies and earn fees for that space.

How is this model possible? If you have a technology blog for example and if you are able to gain millions of traffic into your website, there is practically an opportunity for you to earn revenue via this model. Advertisers will pay for a space in your site. It is just like a billboard advertisements at a local mall. The higher the traffic, the more you can charge.

2-Subscription Revenue Model

When a person subscribes to a magazine or newspaper, it gives income to the company for a period of time. This is where, in my opinion, e-business can generate residual income to site owners.

How is this model possible? If you are able to provide valuable information consistently, you may consider implementing this model. For example, if you have good knowledge on Asian cuisines and recipes, you may include a different recipe every week for your subscribers. This is not an easy model as you may really need to provide information of value to your customers.

3- Transaction Fee

Transaction fee is usually paid to those who played the role of a middleman. For example, a broker helps a buyer make a purchase of stocks or shares and made earnings for that particular transaction.

How is this model possible? During a recession, a traditional form of trade will usually rise to the occasion-Barter trade. A barter trade is an exchange of items or goods that one may have for other items which one may need. For example, if you are able to create an online barter system, you may be able to charge buyers and sellers a fee for every transaction.

4- Sales revenue model

This is what i think most people are very familiar with. The more goods or services we sell, the more we will earn.

How is this model possible? This is a common model where it involves buying and selling. One example is http://www.kretivaccessories.com. The site will only earn as long as there are people making a purchase.

5- Affiliate Revenue model

This is the model that involves referral fee. An affiliate site do not own the website. He is simply authorized to channel traffic from his website to the main sales website.

How is this model possible? There are many affiliate programs available. One of them is this Hubpages site. Simply click here and follow the instructions to create an account. From here, you can see that even though you do not own Hubpages, you can still earn money by providing referral to Hubpages.

So how do you want to earn from your website? You decide. If you can combine all, that is the best BUT BE VERY CAREFUL. Confusing the cunsumers is the last thing that we would want to do.