Wednesday, June 9, 2010

Make Money by Building a Business in a Virtual World

Daniel Schmidt

Many persons today have seemingly become obsessed with these virtual games or websites which basically allows you to create a character or avatar and conduct daily activities in the virtual world as you would in real life. So basically you are allowed to live another life in the virtual world. One classic example is the website ‘Second Life’. Even though these sites are focused on the virtual life, there are ways in which they make the virtual world connect with the real world. One such way is through business and advertising. Many established companies have created a copy of their company in these virtual worlds. If you are interested in making money by through a specific business you may want to consider creating the business first in the virtual world to help provide a guide for you to build it in the real world.


You will be happy to know that making money in the virtual world can help you to get money in the real world. The money made especially on the website called ‘Second Life’ is in the currency of Linden which can be used to shop and sell. In addition to this, after you have gained a certain amount of Linden dollars you can decide to cash in the money for some real life money. Making money and the how you make money in this virtual world is similar to how money is made in the real world; hence there are rules just as in today’s world for starting the business. Therefore you will first need to have a good business plan. M any established companies have used Second Life to improve or even market a brand that they have in the real world. Hence through this website they make more people aware of the business and also meet possible clients and customers.


If you want to make money and you don’t have a business at the moment, you should seriously consider joining the website to become familiar with how it operates, as membership is free. If you are interested in making money, you could join up and find out who uses the site and the other businesses and shops that are available to you, and just basically learn how business is conducted there. If after checking it out you are comfortable with the idea of joining and making money, you will then need to think about what business you plan to set up, the overhead cost and so on. You can get most of this information by just researching how similar business operates in Second Life along with how they charge for their products and services.< /p>

Building a business can help you to make money in many ways. If you already have a business you can replicate the business in the virtual world as a means of advertising or even to get ideas as to how to operate in the real world. If you don’t have a business this will be a great opportunity to put your ideas to work and see if will become profitable in the real world, so you will basically be gaining some experience. Most importantly if you develop a successful business in the virtual world, you can use the business to make money in the virtual world and then convert it to real life money.

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