I'm not sure if this has been discussed before, I couldn't find anything in a search. I was wondering what everyone's opinions are on the two types of revenue.
Advertising seems to be highly used now on almost any website, big or small, and I imagine it is getting fairly cheap for advertisers and not so profitable as it used to maybe be with websites.
Personally, I prefer fee/payment based sites for revenue, but a lot of fee based sites now are getting undersold by other sites offering the same services for free(ie plentyoffish.com). I would assume payment based services are very profitable for B2B websites(even some of these are being offered for free by competitors), but not as likely with B2C.
Obviously the ideal site would receive revenue through both, but is it good idea to offer some services for free, then have the option of upgrading your features by a payment? Or should you go one way or the other?
Advertising seems to be highly used now on almost any website, big or small, and I imagine it is getting fairly cheap for advertisers and not so profitable as it used to maybe be with websites.
Personally, I prefer fee/payment based sites for revenue, but a lot of fee based sites now are getting undersold by other sites offering the same services for free(ie plentyoffish.com). I would assume payment based services are very profitable for B2B websites(even some of these are being offered for free by competitors), but not as likely with B2C.
Obviously the ideal site would receive revenue through both, but is it good idea to offer some services for free, then have the option of upgrading your features by a payment? Or should you go one way or the other?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
