popat

If you have used this online selling/marketing tools then please explain what exactly it is and how it really helps/works?

Any idea regarding best payment method (paypal, google checkout etc.) that has lowest commission/charges for accepting 99cents for the stuff that u might sell online?

Recession and lay-offs are on the way and i just wonder what do people do to be creative and motivated: reading, writing, learning new skills, try to be self-employed, develop a web-app etc, Yoga.

What do you do?

There are basically 2 options - one is charging the users/customers (for your product/service) and the second is charging the advertisers.

Its kind of catch 22 situation, if you decide to charge customers then your customer growth will be slow, and if you distribute your product/service for free and depend upon the ad revenue then your customer growth will be faster but the revenue growth will be much slower - because "pay-per-click" ad-revenue may not help you a much.

So how do you decide which model is best for you? and which model does angels and VCs prefer the most? OR is there any 3rd option?

I was studying about the online businesses that has lowest amount of hassles; one that doesn't require anything other than building a web-app and your business is on with money coming in ... no purchase of any goods, no inventory, no shipping, lowest customer service headache, no returns, no coordination for selling 3rd party stuffs etc.

Do you know any business that is as easy as online dating and blogging business?