Building a business online - Hive could be the solution you were looking for
I've seen a lot of people trying to build a business online but only very few of them succeed. To succeed online you need several things: a digital infrastructure, traffic and a way to monetize your traffic. A successful business needs all three of these things.
A digital infrastructure
To be able to build a business online, you need a place on the internet where you can direct traffic to. Most of the time this is your website. The problem with a website is that it's not free. You need a domain that costs, you need a hosting service that isn't free and then you need to build your website and keep it up to date. With content management systems like Wordpress, HubSpot, Joomla or Drupal it's not that complicated to build a website and the many plugins allow you to do almost anything. There is however a learning curve and many of these plugins aren't free either.
With Hive which is a blockchain based blogging platform, you get actually a free webspace with your blog. This webspace is visible on a quantity of front-ends and you don't have to do anything to keep the infrastructure up to date. A part of the necessary Ressource Credits that you need to get your account going, all this infrastructure is free to use.
To create an account on Hive you have several options. Some are free others require payments. Here is a list of different sign up methods.
On hive you get ressource credits by powering up Hive. About 50 Hive Power is enough to run your blog.
Traffic
Once you have a dedicated webspace, the next step is to drive traffic to it. In a world with many millions websites this is a tricky thing to do. Either you take a course in search engine optimisation to place your content well on google or you pay ads to bring your users to your website. A great way to drive traffic is also to use social media channels. Traffic isn't generated by itself and it takes a lot of effort to get somewhere in this field.
On hive it's not that easy either to generate traffic but you are linking your content to an existing community and if you have some relationships, there will be some people consuming your content. You can also use other social media platforms to drive traffic to your content on hive. I would say it's all the same easier to bring some readers to your posts with hive than with your own website.
Whenever you create content on hive it will be visible on several frontends like peakd, ecency and ecency app or hive.blog
Monetisation
There are many ways to monetize your content. But none of them is easy. You can put some adds on your website. Unfortunately many browser will simply not display these ads. A better way is to work with affiliate networks or affiliate programs that pay you when you bring them customers or leads. It's often a simple link that you can use in your content that will lead your readers to the offer of the affiliate program.
It's often a hustle to get accepted by these programs and you might need to show some results first. From my own experience I found that even if you make some sales, there is still a long way until you get commissions. Another idea is to create your own product and sell it online. The principle is not different here. You need to bring traffic to your offer and then make the sales. The problem here is that you rely on 3rd parties for the payment processing like paypal or credit card companies.
Inbuilt monetisation and wallet
On Hive, monetisation is inbuilt. With every post that you create, you get the chance to earn some rewards from the upvotes of the community. However, this doesn't mean that you can't put some affiliate links into your content either. You will get 50% of the value that your post has generated after 7 days. The remaining 50% will go to the people who upvoted your post.
Every account is directly attached to a wallet and if you want to sell a product on Hive, you simply need to ask people to send you money. Once you see the transaction coming in, you send the product. It's as simple as that!
In my opinion, Hive could play a very prominent role in building an online business. The big advantage of using hive is that your digital infrastructure is almost completely free. You can get traffic from within the platform and you can still promote it with every type of social media. You have an integrated wallet that allows free transactions without middle man!
With Hive you can start your online business right away almost for free and start earning within 7 days!
Let's connect ! You can find me on these platforms:
I completely agree with your assessment of Hive as a valuable tool for establishing an online business. The platform not only provides a cost-effective digital infrastructure but also a supportive community that can significantly aid in driving organic traffic to one's content.
The ease of monetization through Hive’s integrated system is also a standout feature, eliminating many of the hurdles newcomers face when trying to navigate through the intricacies of online monetization strategies.
I tried to establish a business online before I discovered Hive and it was complicated, expensive and required a lot of learning and hard work. Hive was a game changer in this respect.
Awesome post. Facts communicated in simplicity. Bookmarked for reference and sharing to friends.
Thanks a lot for the kind feed-back!
I think Hive is a great addition to any business, online or off. It is quite easy to direct people to your site too with your username.
Exactly, it maybe doesn't replace everything but it can be a nice complement to any type of business.
https://leofinance.io/threads/uyobong/re-uyobong-2fqnds6po
The rewards earned on this comment will go directly to the people ( uyobong ) sharing the post on LeoThreads,LikeTu,dBuzz.
Much of the steps or processes needed to start an online business are non existent with Hive. I remember the headaches of dealing with payment processors and their rules. I think everything is simpler and cost-effective when starting an online business through Hive.
We are maybe still missing some tools on hive but it's so nice when you don't have to deal with paypal and consort...
Congratulations @achim03! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 12000 replies.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out our last posts:
A lot of people on here are actually using Hive as a tool for people to click on their website links and so on
So being here is an advantage
It's definitely an advantage!
Hive is a no-brainer... But, despite not having the expenses that you have listed, the "business owner" (in our case, Hivian) needs consistency, responsibility, and all the other qualities that any entrepreneur has to have!
So, it involves work... 😃 and as any other business, it is not a get-rich scheme... ;)
That's something I have learned on my way. There is no such thing as getting rich quickly lol.
Fantastic thoughts about Hive as the backbone of an online business Achim, and as you say it's basically free to start and you even get paid for it compared to paying for hosting, the only thing currently lacking is mass scale, but I am sure it will come too, thanks for sharing and stay awesome.
Made in Canva
!ALIVE
!LOLZ
This post is AWESOME!
It will therefore be highlighted in our daily Curated Collections posting for today.
The goal of this project is to "highlight Awesome Content, and growing the Hive ecosystem by rewarding it".
Source
@achim03! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ thisisawesome. (17/30)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
lolztoken.com
Sherlock Homes.
Credit: reddit
@achim03, I sent you an $LOLZ on behalf of thisisawesome
(3/10)
No need for hosting, domain or updating of software. That's such a big advantage in my opinion :-)
Yes it is indeed.
Made in Canva
Hi, I would like to sell affiliate products on Hive, good post.👍👍👍
If you find an affiliate program that accepts you, there is nothing from stopping you to do this.
Hive is really going places and doi wonders in creating online business. Thanks for share this informative post.
!ALIVE
@achim03! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ oasiskp2. (3/20)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.
Thanks for stopping by!
It's just like that, it's also a business, a person can earn a good income by investing money, and the advantage of this is that in a short time, the market will be bullish, so our investment can be doubled.
You obviously didn't read the post lol
I read it next time more carefully.
I agree that Hive is amazing. You can earn just for promoting your own business and I think it's easier than running your own site. At the same time, I don't know if I would really want to deal with ad platforms either.
Ad paltforms in general are dying out because most ads are blocked. For most affiliate links, they come as normal text links that work also on hive.
So much of potential I am seeing hive offering to the world soon
The potential is here already. No need to wait :-)
Nice post! Hopefully more people in the world will discover this amazing platform and community in time to come!
!LUV
Thanks, I believe that even we people that are used to use this platform tend to forget what great tool we have :-)
Having built a business online both outside Hive and now building my account and various investments on Hive I can truly appreciate how much Hive offers anyone who wants to build an online business, at a fraction of the cost and hassle necessary on your own. And we are still in the early days when not enough tools are available to make things easy for non-early adopters. However, I was positively surprised by Waivio's presentation at Hivefest. I am still amazed that not enough people see that and prefer the traditional ways to this day.
I missed most presentations at hive fest because of my offline commitments. I will have a look at it. I believe that even the people who have been on hive for a long time don't really appreciate this platform at its real value.
You are right that some tools are still missing, like an easy form that would generate memo transactions on hive for example or easy to manage payment buttons. We need these tools that allow people without coding knowledge to do build what they want.