Methods for Revenue Generation

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Methods for Revenue Generation
« on: March 03, 2014, 08:49:10 AM »
Prospect generation
Online sales transactions
Advertising and referral income

Prospects - are potential customers whose interest in your products might result in sales for you. The usage of the Prospect Generation model is amplified if you make use of the internet share more information about your products with prospects. You can do it in any manner that is most suitable to your prospect such as telephone, Email, or a face-to-face business transaction.

Sales Transactions - Being in any business means you have something to SELL, and when you have to sell, you need to have a way to process your transactions. The Sales Transaction model is all about completing the actual sales transaction over the Internet.

Advertising and Referral Revenue - The third revenue generation model is about your referral income and how you advertise. Everybody wants to just sit back in their chairs, comfortably in their offices, and get lots of revenue from advertising without having to do much.
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