7 Main Types Of Internet Entrepreneurs
We have so far looked at the definition of an internet entrepreneur and what online entrepreneurship is all about so today we’ll focus on the MAIN types of internet entrepreneurs that there exists in an effort to grasp what they are involved in and what they actually do.
I hope that this will be an eye opener to people who have in the past wondered 1) What is so special about online entrepreneurship that has got some people talking, 2) Who are internet entrepreneurs and 3) What do they really do?
7 Main Types Of Internet Entrepreneurs
- Bloggers-These are internet entrepreneurs who leverage their blogs in order to make money from them. Their blogs are generally their online business and they use various methods to monetize them e.g. Displaying ads like those from Google AdSense, affiliate marketing and using banner ads just to mention a few.
- Affiliate Marketers-These are internet marketers who sell other peoples products in exchange of a compensation otherwise called a commission. I know some may relate an affiliate marketer to a blogger and although this point of view isn’t wrong, it’s also not completely right since a blogger can be an affiliate marketer but an affiliate marketer may necessarily not be a blogger.
- Internet Marketers-These are internet entrepreneurs whose business models embrace eCommerce as a cornerstone of their business operations i.e. they basically sell products and services online with the motive of making a profit from it.
- Forex Traders-They are also called currency traders and their work basically involves trading different types of currencies with the motive of making a profit from the difference in exchange rates. Being a Foreign Exchange (Forex) trader will require
Types Of Internet Entrepreneurs you to open up an account with a Forex brokerage.
- Tech Entrepreneurs-These are internet entrepreneurs who use technology to come up with effective internet businesses and they include social media entrepreneurs, search engine entrepreneurs and other entrepreneurs whose businesses comprise of technology as the core of their business models.
- Traffic Brokers-These are online entrepreneurs who make a living by selling internet traffic to interested buyers of whom a good number happens to be bloggers and affiliate marketers. It can be a very lucrative form of an internet business if it is well mastered.
- Online Coaches-These are internet entrepreneurs who create online programs that are aimed at guiding people to achieve their various goals e.g. life coaches, finance coaches e.t.c. They may also participate in the selling of digital or physical products that motivate people to take action in a certain part of their life.
Internet Entrepreneurs Are Generally…
Let me conclude by saying that internet entrepreneurs are generally business minded people who are involved in online forms of business and the above represents just a fraction of who they are and what they do. Feel free to share with us the other types of internet entrepreneurs you know of.
Let us know what you think of the above post on the “7 Main Types Of Internet Entrepreneurs”; we’d love to hear from you!