Is This A Good Business Model

That's the part that will help most.

But you need traffic, to build a list.

I agree with you completely about "the whole intense SEO approach": that's precarious and unreliable, and doesn't typically produce very high quality traffic anyway.

This isn't what article directories are for. These backlinks have no real value. They're all non-context-relevant (and PR-0) backlinks. As the saying goes "100,000 of those backlinks and $3.50 will buy you a cappuccino at Starbuck's".

This post explains: http://www.warriorforum.com/main-int...ml#post5068872

Two blog posts per day is a lot of content.

I update each of my main niche sites/blogs 3 times per month. But with posts/articles which I then have re-published in as many other places as possible that have already-targeted traffic for me, so that I can use them as articles to draw traffic to my site and add people to my lists constantly.

The number of articles isn't very relevant. What matters is who re-publishes them, and whether they're read by the targeted traffic comprising my future customers.

Explained here: http://www.warriorforum.com/main-int...ml#post5035794

To do it that way, you need a different sort of content, of course: and probably not the kind that you'd be able to produce twice a day for 90 days.

You'd need this kind of content: http://www.warriorforum.com/main-int...ml#post3188316

It's a whole different ball-game from the plan you outlined above, of course - and maybe not necessarily the right one for you. But if it is, the results can be dramatic.

But however you look at it, don't imagine that there's any future in article directory backlinks, or in letting your potential customers read article directory copies of your articles rather than the copies originally published and indexed on your own site. No article marketer, using article directories, wants customers to find those copies: that isn't who they're there for at all, as explained in this post.

Isn't it always?