More Business Models to Consider
Last time I talked of my 10 point plan for a money-making site. There are other methods of making money online, that is just the one I’m using most, and think the most highly of. However, I try to be fair and sometimes look over other models, just in case I’m missing something.
There’s the multi-level marketing plan, or networking, as some prefer to call it. These are Programs or Plans that you sign up for, and then it is your job to sell the products, and or recruit people to join under you, because then you’ll make a percentage of their profits. Question is, who in all your down and down-down lines is going to sell lots of product so those of you in the higher levels can make some income?
Currently there are many such Plans that get around that, by insisting that everyone who joins automatically agrees to order a minimum amount every month. These are referred to as drop-shipments. You either use up the products yourself, or you sell them or give them away as samples, but at least those who recruited you are earning a percentage of your monthly spending.
In the final analysis, you have to be not only outgoing and able to make friends easily, but be able to persuade them to join and to spend money. I had a small taste once, and I know this is NOT my forte.
Besides these two, the site about your passion with links to affiliate products who have their own good quality selling sites, and this networking multi-level-marketing method, there is selling merchandise on eBay and other auction sites. This one tempts me a bit, but I see that there could be a whole lot of work and time involved, so at this stage I’m only reading up on it. I have met a few who have done very well, and who are offering e-books and short email courses on their methods. (For example, Jason James: Auction Resources).
I haven’t read everything yet, but it seems they start by selling extra stuff around the house, and once they learn the ropes at eBay, they find large quantities of wholesale products that the producers will ship for them. All they need to do is handle the eBay ads and customer correspondence. Their supplier will do the shipping for them as soon as they email them the winning bidder’s address. Some of them really like to get their hands on digital, or downloadable products, such as e-books, software, pictures, etc. There is no shipping hassle at all then. Just give the winning bidder the download link, and take care of the feedback comments (because that raises your ratings), and move on.
Yesterday I stumbled on another method I’d like to research a bit more. It’s a bit of a twist on the affiliate links’ site, in that it has a page pre-coded with feeds from Amazon, eBay, AdSense, and ClickBank. There is some space for you to add your personal content, but the site comes with many such pages, each on a different keyword. No matter what keyword the visitor used to land on your site, he or she is surrounded with ads, ALL coded to make you money. Personally, I thought these kit-sites looked too heavy with ads to me. If it was done a bit more discretely, I could see trying that.
Amazon wrote yesterday that they are allowing affiliate to set up a one page “aStore” now. All you do is pre-choose 9 items you want to be displayed, and copy the java script into your web page, and they will keep your aStore fed with live links from their site, and all the links will take customers to Amazon to finish the sale. So it will look like your store, but they will do the work for you. Hmm! Now that has possibilities too!
I joined up with two affiliate programs this week who do the same thing. The affiliate newsletter from ChristianBook.com mentioned such a plan too. It must be a new trend that is catching on. So yes, that means we must not forget the “Store” model of web site. You create a product that you can sell, and build a single sales page for that product, or create a site with several items. Now you don’t even have to get an e-commerce system installed first, just paste in the code, and let the experts run your store from behind the curtain.
For more about various business models I’ve looked at, check out; The SiteSell Models
