Voice over Internet Protocol (VoIP) combines the traditional
need for voice communication with the power of the Internet. VoIP providers
convert analog audio signals from the transmitter's microphone into digital for
delivery to a recipient's speakers. AOL, Vonage and Skype have dominated the
VoIP industry since the beginning. New entrants into VoIP may be attracted to
the industry's low overhead costs but they will struggle without a clear idea
of how to generate revenue. Your VoIP business needs to offer lower prices
while using multiple revenue sources to compete with the industry's heavy
hitters.
