Simple yet highly profitable

by AYCE
13 replies
After selling my first website on Flippa and making some pocket change + reading about a young entrepreneur from Australia who recently sold a glitter shipping website for 85K which did 20k in sales within a week. My next project is set to follow a similar business model.

Simple yet highly profitable.

I have been brainstorming how I can approach this model without thinking too much into it.
I ask myself how can I provide a service that is highly sought after yet easy to provide.

Ultimately the website I create will be succinct and to the point. Maybe 2 or 3 pages max and a very simple yet highly converting email capture to re-market services.

Im thinking I'll begin providing a simple yet appreciated service, such as a daily quote in your email inbox for example and then market actual product to loyal and appreciative subscribers.

Do you have any experience with such business models? If so what is the gist?
#highly #profitable #simple
  • Profile picture of the author jackjohnson
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  • Profile picture of the author Monkmoney
    I seem glitterbombexpress dot com being sold on flippa, people are already all over the concept for glitterbombing

    I think that type of service is pretty cool..just have to think outside the box how to do similar things

    As for sending emails..that is what you call.building a list, and email marketing
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by AYCE View Post

    reading about a young entrepreneur from Australia who recently sold a glitter shipping website for 85K which did 20k in sales within a week.
    Yes, indeed: many of us have been reading about that.

    The reason we all read about things like that is that they're so strikingly exceptional. It's always the "one in a million" that makes the news, isn't it?

    Originally Posted by AYCE View Post

    Do you have any experience with such business models?
    Not I. I like to apply my effort/energy/time/resources to business models with a far higher success-rate than one in a million. Call me conservative, but I need to live on my internet marketing income, not back an endless succession of longshots (and of course for the overwhelming majority if people who try "stuff like that", full of admiration for it though I am, it really is an endless succession, and there are reasons for that. Like so many other things in internet marketing, it boils down to a question of whether you want to stack the deck in your favor or against yourself. Whatever you decide to do, for yourself, the "winners" you read about will still be the tiniest minority of very rare exceptions who succeeded in the face of the odds, because those are the stories that get published.)


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    • Profile picture of the author AYCE
      You make valid points but I'm quickly realizing that in this ever flourishing age of technology and internet that you can literally create a business overnight no matter how silly the concept may be.

      You are correct that It can be a hit or a miss but it's so easy to rinse and repeat that you're bound to hit something sooner rather than later!
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      • Profile picture of the author Steve B
        Originally Posted by AYCE View Post

        . . . you're bound to hit something sooner rather than later!

        Not!

        With one in a million odds, you're bound to strike out so many times that you'll give up the idea of Internet business long before you have enough failed web sites to hit the jackpot.

        Yes, think outside the box. Be creative. But realize that the chances of YOU striking it rich with a longshot are so bad that I can tell you right this minute you going to waste your time and effort without question.

        The daily quote in the email box thing has been done over and over again. What's so off-the-wall different about that plan?

        Steve
        Signature

        Steve Browne, online business strategies, tips, guidance, and resources
        SteveBrowneDirect

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        • Profile picture of the author AYCE
          I never said I was going to create a quote mailing list. I used that as an example, I haven't even come up with a creative idea yet, I was simply asking if anyone has approached something in a similar way or concept.
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    • Profile picture of the author mlpauling
      Originally Posted by Alexa Smith View Post

      Yes, indeed: many of us have been reading about that.

      The reason we all read about things like that is that they're so strikingly exceptional. It's always the "one in a million" that makes the news, isn't it?



      Not I. I like to apply my effort/energy/time/resources to business models with a far higher success-rate than one in a million. Call me conservative, but I need to live on my internet marketing income, not back an endless succession of longshots (and of course for the overwhelming majority if people who try "stuff like that", full of admiration for it though I am, it really is an endless succession, and there are reasons for that. Like so many other things in internet marketing, it boils down to a question of whether you want to stack the deck in your favor or against yourself. Whatever you decide to do, for yourself, the "winners" you read about will still be the tiniest minority of very rare exceptions who succeeded in the face of the odds, because those are the stories that get published.)


      .
      Yes it is that one in a million that gives us all inspiration, it is also the fuel for misguided over expectations!
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  • Profile picture of the author DubDubDubDot
    Originally Posted by AYCE View Post

    My next project is set to follow a similar business model.

    Simple yet highly profitable.
    I've got some bad news.

    This kind of thing doesn't begin life as a business model. It's always just someone goofing around and it gets bigger than they expected. MillionDollarHomepage and IWearYourShirt are two of the more noteworthy joke projects turned success story. These things really are pretty rare though.
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  • Profile picture of the author AcuityLabs
    the guy dint even get rich either he made a nice chunk of change off of a process that isnt rinse and repeat
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    • Profile picture of the author AYCE
      Originally Posted by AcuityLabs View Post

      the guy dint even get rich either he made a nice chunk of change off of a process that isnt rinse and repeat
      Nobody said he was rich. But he made good money off almost zero work. He also had the ability to automate the process because companies contacted him to fulfill the order for him.

      At that point it was pretty much rinse and repeat. All he had to do was collect a check.
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  • Profile picture of the author smna1586
    You're most welcome to place your bait against one in a million odds. Winning ideas are the unicorn, that's the reason we only hear it when it strikes the market.

    Ideas like those strikes you at midnight, you wake up and start working. Some gives up before it takes any shape and lose; some never gives up and keeps working on it. One day, it's done and they've hit the jackpot. Some of the finishers Flips it for pennies like 85k and bam!

    Then comes the after shock, they keep waiting to get another strike to hit them at midnight but mother nature laughs at them cruelly; midnight comes and goes by every single day. The wait is never over for the most.

    Be my guest, I'm not going to fall for that if I were you. I'll keep selling what's already selling. I might not get 85k in a day (It's actually a lot less than 85k, brokerage fees and all) but I'll keep making 100k+/year.....and year after year.

    Good luck.
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  • Profile picture of the author NickNimmin
    Originally Posted by AYCE View Post

    After selling my first website on Flippa and making some pocket change + reading about a young entrepreneur from Australia who recently sold a glitter shipping website for 85K which did 20k in sales within a week. My next project is set to follow a similar business model.

    Simple yet highly profitable.

    I have been brainstorming how I can approach this model without thinking too much into it.
    I ask myself how can I provide a service that is highly sought after yet easy to provide.

    Ultimately the website I create will be succinct and to the point. Maybe 2 or 3 pages max and a very simple yet highly converting email capture to re-market services.

    Im thinking I'll begin providing a simple yet appreciated service, such as a daily quote in your email inbox for example and then market actual product to loyal and appreciative subscribers.

    Do you have any experience with such business models? If so what is the gist?
    Thank Reddit for the explosion of Ship Your Enemies Glitter. I have a two word domain that's more to the point if anybody wants to buy it but you'll have to wait for the transfer period since I bought it right when that one was taking off.
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    • Profile picture of the author Alexa Smith
      Banned
      Originally Posted by NickNimmin View Post

      you'll have to wait for the transfer period
      You can sell a domain-name as soon as you've registered it, Nick.

      The "transfer period" you mention refers only to transferring it to another registrar, which isn't necessary to sell it (if the person to whom you sell it doesn't already have an account wherever you registered it, all they need to do is open one, and you can transfer it immediately).

      .
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      • Profile picture of the author smna1586
        Originally Posted by Alexa Smith View Post

        You can sell a domain-name as soon as you've registered it, Nick.

        The "transfer period" you mention refers only to transferring it to another registrar, which isn't necessary to sell it (if the person to whom you sell it doesn't already have an account wherever you registered it, all they need to do is open one, and you can transfer it immediately).

        .
        Alexa is right as always.

        Domain transfer is free in most of the cases when you transfer within the same domain registrar. But within the same registrar, it's called domain push; not transfer.

        Domain Transfer refers to transferring domains to a different registrar, fees will be applied. According to the ICANN authority, a 60 days non transferring period is imposed to every new domain registered.

        But selling a domain is not prohibited, you're free to sell it. Do Llet us know how it goes btw.
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