iWeb Communities: Blog

As a fast-growing industry, the Internet gathers hopes and dreams of many technology entrepreneurs, moms at home, freelancers, consultants, and also many “traditional” companies looking to expand in new fields.

As such, there are lots of blogs and websites specialized on the topic of how make money online, most of them focusing on the “how to get rich quick” schemes, and most of them not worth a second look, since many are just plain scams.

Here’s one interesting link though, a list of top web companies which earn the most. Google tops the list, at $21.8 billion revenues each year, followed by Amazon, Yahoo and Ebay.

If you are publishing a website, do have a look at the list, it does give ideas. There are a large number of companies in Internet advertising, and a few sizeable ones in retail (Amazon, Ebay, Zappos), however there are companies which are virtually monopolies.

Paypal for instance could use more competitors. Bloggers, web2.0 startups, big media companies would need a micro-payment system, one which is at the same very easy to use for consumers, and powerful for companies.

The iTunes Music Store is also a model which could use more competitors. It’s a virtual monopoly on music and media delivery on the web, and what a better time now than start a new web service to deliver music and video to consumers.

We could also have more online stores. Zappos (shoes) and Amazon (books) are good models; one could think about stores specialized in clothing, or in electronics, or in sports etc.

Have a great weekend!