Honours Project: - Napier University
Honours Project: - Napier University
Honours Project: - Napier University
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Gregory Huet<br />
<strong>Honours</strong> <strong>Project</strong><br />
99034735 Dr. William Buchanan<br />
impossible to propose a paying service on the Internet because the concurrence will analyse<br />
the product and create the same with more functionality to kill the first one. That’s why this<br />
product will be completely free for the users.<br />
A representative example of free services can be made through the use of software like<br />
Sonique 5 which is a direct concurrent of Winamp, free as well. The first version was<br />
developed three years ago and gave a full acceptance of the users. A few months ago, the<br />
copyright was bought by Lycos to become a sub-corporation. This method allows Sonique<br />
Corporation to earn money through advertising of Lycos 6 .<br />
Also see:<br />
• http://www.freewarefiles.com/<br />
• http://www.freewarehome.com/<br />
• http://freeware.intrastar.net/<br />
2.1.2 Why a free access <br />
In the earlier days of the web, it was thought that the provider of online content would be able<br />
to charge the user directly. Some corporations like newspapers, for example, started to put<br />
their content on Internet for free, which allowed them to build an audience. Since, a user can<br />
find a free information or pays for it, but the success of sites come from the aspect of<br />
marketing useful information and good services available. In fact, no one wanted to pay<br />
(except professionals).<br />
2.1.3 How to make money <br />
The first aim of this application is to become a real professional tool, it means acquire the<br />
respect of the users. This could be modelled by increasing traffic on the web site. The goal of<br />
this financial approach is to favour the maximum audience possible and so receive money<br />
from advertising by using banners.<br />
Another source of revenue will come from sponsorship. By using links or advertising on a<br />
web site, it is possible to make some money from the revenue generated by these links to<br />
other corporations (the price of the advertisements is proportional to the traffic existing in the<br />
web site hosting it). For example, if the database directly receives information from a<br />
corporation about its products. The user selects the source of interest in his/her profile and<br />
each time he/she will use the information to go to the partners’ sites, this corporation will pay<br />
a commission.<br />
2.2 Web site advertising<br />
Still with a financial aspect in mind, the way to advertise a web site is very important to create<br />
traffics and them earning money and win notoriety from the users.<br />
2.2.1 Banners<br />
Banner advertisements are still the most popular way to promote services on the Internet.<br />
Evaluations of the response rate might be as low as 0.6 per cent but when they are working<br />
the result is impressive because they are very powerful.<br />
5 Sonique Corporation web site : http://www.sonique.com visited on the 14/01/2001<br />
6 Lycos search engine : http://www.lycos.co.uk visited on the 14/01/2001<br />
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