Internet Sharks
Posted 03-27-2009 at 10:05 PM by jamesviago
Last Thusrday I met a hard-working Auckland factory worker - who dreams of building a modest semi-passive income online... To offset the risk of being made redundant in these tough economic times.
Turns out he recently "invested" $4000 in an online retailing 'franchise' - allowing him to set up an online store, form relationships with drop-ship suppliers and start retailing products.
After many weeks and no sales (and, he suspects, no visitors), he contacted the online store dudes and wondered how he was supposed to get people to visit his site.
They treated him like an idiot, and offered him their $20,000 'advertising package'.
He was, quite understandably I feel, upset.
He has invested all he can spare in the $4,000 licence, and was not warned that it would cost thousands more to advertise the business.
We could, heartlessly, suggest that he should have know better - and perhaps he should have, but I think it sucks.
Turns out he recently "invested" $4000 in an online retailing 'franchise' - allowing him to set up an online store, form relationships with drop-ship suppliers and start retailing products.
After many weeks and no sales (and, he suspects, no visitors), he contacted the online store dudes and wondered how he was supposed to get people to visit his site.
They treated him like an idiot, and offered him their $20,000 'advertising package'.
He was, quite understandably I feel, upset.
He has invested all he can spare in the $4,000 licence, and was not warned that it would cost thousands more to advertise the business.
We could, heartlessly, suggest that he should have know better - and perhaps he should have, but I think it sucks.
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