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#51 |
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Senior Warrior Member
War Room Member
Join Date: Jul 2002
Location: , , .
Posts: 1,097
Thanks: 1
Thanked 21 Times in 6 Posts
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There is HUGE potential in this business model even if you only charge businesses a small fee - The residual income could be applied to any expense or debt and it's consistent
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#52 | |
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An Original Thinker
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Join Date: Aug 2004
Location: Where Original Ideas Meet Action.
Posts: 3,001
Thanks: 339
Thanked 100 Times in 65 Posts
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Thank you very much Geoff, as you say, this income is predictable, and if you manage it properly, will grow over time. No instant wealth here, but a solid plan that can change your future prosperity. Glenn | |
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#53 |
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HyperActive Warrior
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Join Date: Mar 2008
Location: , , .
Posts: 243
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Hi Glenn,
From a business owner's perspective, what would be the advantage for them to have a micro-site on a niche directory? Ron |
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#54 | |
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An Original Thinker
War Room Member
Join Date: Aug 2004
Location: Where Original Ideas Meet Action.
Posts: 3,001
Thanks: 339
Thanked 100 Times in 65 Posts
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Quote:
The biggest advantage is that you're offering a niche specific vertical directory. Imagine a dental directory for example. You only list dentists, orthodontist, and other related oral care specialists. Not only will this be considered better in the eyes of SE's, but you could specialise in other services on offer to those businesses. You will be the go to guy for all things Internet, and general offline marketing. From the business owners point you view, you take away a lot of their headaches.
for your hooks. There is no cold calling at all. By the time you pick up the phone to give them a free consultation (or vice versa), they will already know about you, and have probably signed too. HTH Glenn | |
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#55 | ||||||
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An Original Thinker
War Room Member
Join Date: Aug 2004
Location: Where Original Ideas Meet Action.
Posts: 3,001
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Here's an edited PM I received, and my answers to them.
Quote:
Quote:
I charge a monthly retainer, and send monthly printed newsletters (just a single sheet right now) offering marketing advice, some businesses then ask me to do those tasks for them, and that's how I make money on the backend. Often they ask for a new website, which is still hosted by me, but of course they pay for the site. Quote:
website. Back linking and link exchanges are helpful here. Quote:
and dozens of listings for the same industry in the same town. Quote:
specialise, which can only be good for all the listings you hold. Quote:
have it... for a cost. But generally, as you run a directory, the pages will look very similar. Look at any directory. They offer the same look and feel, all be it much smaller than something you can offer. 8< snipped HTH Glenn | ||||||
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#56 |
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Active Warrior
Join Date: Dec 2008
Posts: 93
Thanks: 0
Thanked 3 Times in 3 Posts
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I just had a friend tell me about this WSO, hope it's still active - I've been thinking of doing some sort of portal for local non-profits. Donations are down for lots of 'em, this would be a way to help AND a way to get my name out there too.
I was thinking, though, that I'd need some sort of platform (like WordPress MU) so they could update their own pages - but you're saying YOU create the page and they pay for maintenance? I assume that you charge if they want the page improved/edited, perhaps to include something like a Paypal donation button? So if they don't pay they don't get a page? Or they get just a link but nothing fleshed out? |
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#57 |
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An Original Thinker
War Room Member
Join Date: Aug 2004
Location: Where Original Ideas Meet Action.
Posts: 3,001
Thanks: 339
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Hi Momwow,
Thanks for your questions. I don't charge to make relatively minor changes to a site or profile page, they're required to sign up for a minimum of 12 months, although I'm thinking about changing that to 18 months. A donation button would be a great addition to a charity site. Sometimes a completely new site will be asked for, so you'll need to charge your going rate for it. This can be outsourced easily enough if you don't want to do the work, after you've got at least half the money up front. If they decide not to opt into your system, and frankly, not everybody will, I'll re-edit the page, and push their contact details below the fold, and put Adsence, or other monetizing options above the fold. After a few months, you can use the stats of your site to show them what they've missed so far in terms of visitors, and if you've earned good money, you can show them what it's worth to you as the directory owner, and use this to leverage your position. One final option would be to use their page as a lead capture page, and sell those leads on. You wouldn't need a complicated autoresponder to do this. a simple form that forwards on to a Googlemail filter, which in turn forward details on automatically to the lead purchaser (a competitior of the page or site not being rented). HTH Glenn |
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#58 |
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Active Warrior
Join Date: Dec 2008
Posts: 93
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I'm REALLLLLLLY close to buying - but have already spent more than I should this month, so want to ask a couple more questions first.
Where are you getting the preliminary, basic info? Seems to me that could be quite time-consuming just by itself. So once you find that info, you're populating the site, showing it to them - and then saying if you want me to KEEP that info up, there's a monthly fee, correct? You said you push their contact info down and monetize the page if they don't sign up - but if I'm a local business owner and don't know much about websites or SEO anyway, that wouldn't seem like much of a downside to NOT subscribing - I'd still have a page, right? Part of what's in the back of my mind as I'm writing this is a big, heavily-promoted local business portal in affiliation with the newspaper and the college's journalism school. EVERY local business gets a basic listing with their name, address, phone, etc - but if you pay ($195/month) you can update your own listing however you want to add photos, coupons, menus and other info. I live in a town of 100K - almost seems better to me to have directories focused on certain parts of town or for certain business organizations (heck, or even something like a Rotary club) - than for specific industries. If I were a dentist I wouldn't WANT other dentists to be easy to find. Diana PS Kinda coincidental - just talked to a realtor who said they were thinking of wanting to be found as an eco-friendly or "green" seller - so a directory on green/eco-friendly business products & services - might that be a good vertical directory? |
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Last edited by momwow; 09-25-2009 at 03:44 PM. Reason: addedinfo |
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#59 | ||||
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An Original Thinker
War Room Member
Join Date: Aug 2004
Location: Where Original Ideas Meet Action.
Posts: 3,001
Thanks: 339
Thanked 100 Times in 65 Posts
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Hi Diana,
Thanks for your questions Quote:
don't want to go into detail here for obvious reasons, but I can assure you, we are talking perhaps 15 to 30 seconds per client on average. Quote:
their contact details below the fold, and you'll benefit from their indecision until you have enough historic data to show them how much business they're not getting. Don't forget, these directories are bait for your hooks. Part of your plan could be to land a dozen or so clients, and outsource any business work you need to. Quote:
that) is that it's a very powerful model. If you offered dentists their very own Yellow Pages, with just dentists and related industries in it, they'd snap up their spot instantly. If they didn't want their spot, it would be a short sighted decision IMHO. People use resources that get them the info they need. In addition to this, Vertical Directories are more respected by Google than general purpose Directories. Quote:
green businesses wanting to be associated with you. HTH Glenn | ||||
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#60 |
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Blogsmith
Join Date: Aug 2008
Location: Dubai
Posts: 435
Thanks: 14
Thanked 27 Times in 24 Posts
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Hello Glenn,
I had bought this system but could not download the package completely. Kindly send me the DL link. I had also sent u an email but in vain. Thanks, Rajul |
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#61 | |
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An Original Thinker
War Room Member
Join Date: Aug 2004
Location: Where Original Ideas Meet Action.
Posts: 3,001
Thanks: 339
Thanked 100 Times in 65 Posts
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Quote:
Somehow your email your email slipped through the net due to a filter I have setup in my email. You have a PM with your download link. I apologise for the delay in getting this to you. Glenn | |
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#62 |
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Active Warrior
War Room Member
Join Date: Jan 2008
Location: Chicago, IL, USA.
Posts: 46
Thanks: 12
Thanked 3 Times in 3 Posts
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Glenn,
Well done package. I have a couple of domains that would be perfect for this. And, my gosh! I've never seen anyone customize a website so fast. Thanks, Raynay |
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Follow me on twitter http://www.twitter.com/raynayvalles
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#63 | |
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An Original Thinker
War Room Member
Join Date: Aug 2004
Location: Where Original Ideas Meet Action.
Posts: 3,001
Thanks: 339
Thanked 100 Times in 65 Posts
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Quote:
If you think this is fast.. you wait til the software is developed. The customisation is virtually instant... It also builds your directory index page, and XML site feed with an RSS feed in the wings. You have signed up for your free upgrade? Glenn | |
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#64 | |
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Warrior Member
Join Date: Jul 2009
Posts: 5
Thanks: 0
Thanked 0 Times in 0 Posts
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Quote:
Sounds like a good package.Are including any samples of the newsletters you send out?Or any other marketing materials? Thanks, Carlos | |
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