Success of the business can be seen from the revenue and net profit generated, when all competitors use the same marketing strategy, then the only way to control the market and win the competition is to use monetizing skills.
Monetization Monetizing comes from the word that means to change something to be worthless or can we interpret as knowledge or skills to change a business model that provides maximum revenue by overturning the normal cash flows intelligently. Monetizing itself has been around since man began to make transactions simple, to understand more about monetizing, please see the example below
Monetizing at age camel
Abdurrahman bin Auf was a lady who was very astute monetizing expert in ancient times in the plain Arabic, he saw the merchants in the medina market when it was harmed by the market managers. The merchants who sell at the Market Medina should pay upfront stall rents are very expensive to the manager of the market their merchandise either profit or loss. Seeing this, Abdurrahman bin Auf asked his friend to buy land near the market. Then he invited receipts science monetizing with traders to sell on the spot using a system of payment for results with a relatively low value of the benefits the merchant and will be free if it turns out that day traders are not making a profit. The system turns out to be especially helpful for traders to reduce costs and lower the price of rental kiosks selling their wares which ultimately impact on the behavior of their merchandise than the merchants in the medina market thereby increasing the profits of the traders in the market owned by Abdurrahman bin Auf and make the results received by Abdurrahman ibn Awf is far greater than the cost of the rent received by the market managers Medina.
Camels, as well as automotive products today, is a product commonly sold by arab society in ancient times. So you could say the market of these products belong to the red ocean. Monetizing tactics used by Abdurrahman ibn Awf was a price he was selling Camel capital alone or do not take advantage at all of the selling price of the camel. So the price of his camels to be lower than the competitors and can be sold up to 1000 camels in just one day alone. Well, what's interesting is the way he took advantage of the saddle which he sold to buyers camel. His saddle selling high quality and very varied, with attractive colors and different from the saddle in general.
Monetizing in a digital age
Since November 2007, thousands of doctors have signed up to get a regulator of the electronic medical record software and practice management of a new company in San Francisco, Practice Fusion. Software for medical practices can cost $ 50,000. How could a company like Practice Fusion software can make a profit if the share of electronic records systems for free?
+ Freemium ad. By utilizing the freemium model, Practice Fusion offers two software versions: a free version contains ads (Google Adsense type), and the ad-free version at a cost of 100 dollars per month. Of 2,000 physicians who use electronic records system Practice Fusion, less than 10 percent are willing to pay or less than 20,000 dollars. But the actual income derived from the use of science by creating monetizing creative sources of income, namely:
Selling access to your data. By using free software, Practice Fusion attract a lot of users (doctors) who then created a growing patient database. Medical associations who conduct research on specific conditions requiring long-term medical records for a large group of patients. Depends on the focus of the study (such as white men, middle-aged, overweight, asthma sufferers), anonymous health data from a patient can produce up to 500 dollars. A doctor usually has about 250 patients, making 2000 the first client Practice Fusion can be translated as 500,000 medical records. Each note can be sold repeatedly to different studies conducted by various institutions. If any record of producing at least 400 dollars, in the long term means income will be more than 200 million dollars or much greater than if Pactice Fusion sells the same software in 2000 with the purchase of all time with a value of only $ 50,000 + discount price set by the doctors .
If we already have the knowledge and skilled use such Monetizing the above cases, it is guaranteed that we run any business will always be invaded by the target market and become the ruler of the market. as has also been demonstrated by successful entrepreneurs in Asia 5 following which a master Monetizing Digital,
1. Ferry Tenka (Indonesia)
DISDUS.COM founded in 2010 to become the largest daily deals website in Indonesia with a market share of 80-85% and a turnover of more than 300 million transactions per day and dominate klikBCA which then acquired by GROUPON of America. Ferry is currently Founder and CEO Bilna.com online baby shop which is the largest in Indonesia, Bilna.com has served more than 300 transactions per day, more than 2 million page views per month and more than 450 brand has joined Bilna.com
2. Ralph Wunsch (Philippines)
Austria men's nationality is founder & CEO METRODEAL.COM, the biggest daily deals website in the Philippines which has been expanded to Indonesia has become the no.1 site most visited in the Philippines with more than 1 million loyal customers and provide offers that generate 4,000 1 , 6 million orders in less than 12 months since its inception.
3. Mike Tran (Vietnam)
Founder and CEO KEEWI.ME, StartMeUp.vn and Stayfooli.sh, KEEWI.ME currently controls most of the market promotion and event ticket sales in vietnam with the slogan "make as easy as possible for anyone to create an event". KEEWI.ME can quickly became great because of the low fee charged to the EO partners and service ticket management to help event organizers to sell, promote, and manage their online activities.
4. Mrigank Tripathi (India)
Voicetap.in founder of a company engaged in the Mobile Value Add Space in the form of mobile education using science monetizingnya to build the company from just 1 dollar to successful investors to invest 7 million worth of 63 billion dollars or more by using the third-party resources that OnMobile become the largest provider company in India.
5. John Fearon (Singapore)
Founder Eatads.com, dropmysite.com and this is an expert dropmyemail.com monetizing eatads.com fantastic achievement as the site where the sale of outdoor advertising media managed to collect 6,000 listings in Singapore, Hong Kong, Philippines, Thailand, Bangladesh and India. While dropmysite as a service cloud computing to backup the site owners managed to get more than 500,000 users all over the country with a service charge of 19.99 dollars per month. The dropmyemail become the fastest growing website ever to gain more than 650,000 users in less than 3 months since the service launched
Fifth above monetizing digital masters will teach us skills that have been monetizing their use, delivered in a practical and creative way on Thursday, May 30, 2013 (for detailed information please go to monetizing DIGITAL MASTERS in www.rajakarcis.com) so we also can overturn the conventional normal cash flow in a more ingenious as they do, either by making something for free or pay for something that charged by other companies. Because there really is not a really high-tech ideas and business models they create. All it takes is skill and creativity in the application of science monetizing.
