One way to track current trends of online business is to be a regular visitor to popular website selling places. I remember a year or a bit more back that craziness about MySpace and the number of MySpace related resources on sale. I was not a part of the game, but people say that it was a really hot technique to make quick money online.

This year MySpace related resources are replaced with a wide variety of video websites. Just a few samples of the recently published video websites on sale:

Video Aggregator and Sharing Community Website

VideoSearchScript.com – $1000+ Per Month

iVideoBlast.com – Video aggregator site

Video Sharing Website like Youtube, for sale

$1250+/month Video Humor Site NO maintenance good SE Traffic

So, you should definitely learn how to add video to your website, what players are most widely used, etc – even if you do not intend to run a video website, it is not a bad idea to post videos on your current sites.

Is it time to buy or develop your own video website? Probably it is. A few questions that need to be answered first:

- a CONCEPT of your video website (how are you going to attract traffic to your website competing against youtube.com, revver.com and similar?)

- HOW TO MONETIZE your video website? There are some models in use, but you need a really popular website to apply any of this. And be prepared to incur considerable hosting expenses (I think you need a dedicated server to start with).

- CONTENT. I doubt you have any intention to make all videos for your website yourself.

Summary: When you see all this craziness about video nowadays your first impulse is start a video website too. But when you turn to developing a plan for your website you realize that it is not that easy.

I just keep an eye on what is going on in this sector and now and then brainstorm for the ideas for my video website. Once I get the idea I like I will start a video website, but I would not like to join the game when it is not too late (as it happened with my recent 7search PPC arbitrage tests).

[tags]videos, seo, internet marketing, affiliate marketing, make money online, earn your living online[/tags]

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This entry was posted on Sunday, January 28th, 2007 at 2:58 am and is filed under Directory of Ideas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.