Has anyone got a 'kick-ass' idea for making money out of the Olympics?

by Horny Devil Banned
52 replies
2 weeks of the Olympics followed shortly afterwards by the Paralympics. Hosted in one of, if not the busiest city in the world.

13 London venues and 11 non-London venues.

20,000 broadcasters, journalists, photographers, etc, in the IBC/MPC village alone.

2,000+ competing athletes.

314 events.

All Stadiums and London hotels sold out.

Countless millions in Britain for the games, probably a billion watching worldwide, many of which eager to snap up a souvenir or something associated.



SO ANY IDEAS TO MILK THIS MONEY COW???



I have one. Quite a good one if I say so myself. Anyone else?
#idea #kickass #making #money #olympics
  • Profile picture of the author Ross Petal
    How about setting up a Fish n Chip stall nearby? We'll be millionaires like Lord Alan Sugar then get fired after the 2 weeks.

    But seriously anyone with any food stalls will make a killing as all the guests around the world will want to taste the different foods available in the UK or even becoming a tourist guide. You just need a car, cards and time. Show our guests the real London.
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    • Profile picture of the author Jeff Henshaw
      Countless millions in Britain for the games, probably a billion watching worldwide, many of which eager to snap up a souvenir or something associated.
      Probably more like 10 billion plus watching world wide.

      But seriously anyone with any food stalls will make a killing as all the guests around the world will want to taste the different foods available in the UK or even becoming a tourist guide. You just need a car, cards and time. Show our guests the real London.
      The established food stall traders will do just that. Bear in mind that if you want to get into that game then you will need the facilities, equipment, training, a site to pitch your business and all of the appropriate licenses and permits.

      Sorry guys, you should have thought about this potential opportunity two or more years ago. Now is far too late!

      BUT of course there is (are) the next Olympics and the Winter Olympics!

      Nevertheless:-

      SO ANY IDEAS TO MILK THIS MONEY COW???
      I have one. Quite a good one if I say so myself.
      I hope that your idea works for you and I wish you well and hope that your venture leads to Olympic gold.

      Just my thoughts,

      Jeff.
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      • Profile picture of the author R Hagel
        Originally Posted by Jeff Henshaw View Post

        Probably more like 10 billion plus watching world wide.

        I bet you a million bucks there will be nowhere near 10 billion people watching the Olympics. :p
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      • Profile picture of the author goindeep
        Originally Posted by Jeff Henshaw View Post

        Probably more like 10 billion plus watching world wide.
        LOL.

        Did the planet just grow some more humans?
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        • Profile picture of the author LloydC
          Make a WSO on scalping and sell it
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      • Profile picture of the author SamGo
        Originally Posted by Jeff Henshaw View Post

        Probably more like 10 billion plus watching world wide.

        The established food stall traders will do just that. Bear in mind that if you want to get into that game then you will need the facilities, equipment, training, a site to pitch your business and all of the appropriate licenses and permits.

        Sorry guys, you should have thought about this potential opportunity two or more years ago. Now is far too late!

        BUT of course there is (are) the next Olympics and the Winter Olympics!

        Nevertheless:-

        I hope that your idea works for you and I wish you well and hope that your venture leads to Olympic gold.

        Just my thoughts,

        Jeff.


        10 Billion???????????????? there isn't 10 billion people on the planet so who are you counting?
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        • Profile picture of the author Ewan Lumsden
          Banned
          Originally Posted by SamGo View Post

          10 Billion???????????????? there isn't 10 billion people on the planet so who are you counting?
          I think he means 10 million And I think there would be way more than that watching it. Great for sponsors.
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      • Profile picture of the author Thomas Smale
        Originally Posted by Jeff Henshaw View Post

        Probably more like 10 billion plus watching world wide.
        Assuming every single person in the world was watching, there still wouldn't be 10 billion people watching...

        Still, there will definitely be a fair few. I think 1 billion is pretty close.
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    • Profile picture of the author Thomas Smale
      Originally Posted by Ross Petal View Post

      But seriously anyone with any food stalls will make a killing as all the guests around the world will want to taste the different foods available in the UK or even becoming a tourist guide. You just need a car, cards and time. Show our guests the real London.
      Good luck being arrested running an illegal taxi service. I presume you have never tried driving around London? It would take half a day to go about 2 miles during the Olympics
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  • Profile picture of the author VinnieVegas
    Operate vans that zip around town as traveling bordellos.

    Other than that, I'm drawing a blank.
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  • Profile picture of the author Jason Kanigan
    A site to match up people willing to rent a room in their home with visitors who need a place to stay. This was big bucks during the Vancouver Olympics.
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  • Profile picture of the author Charlotte Jay
    My uncle is driving buses for the athletes. Maybe I should send him a few business cards to distribute? WOM advertising??
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    • Profile picture of the author FreelanceScribe
      Yeah! Win the 100m dash in a pair of Nike running shoes and get a sponsorship with them!

      Sorry, couldn't resist being a smartass.
      Seriously, set up a Pinterest pinboard on the Olympics (possibly a unique event), post good images/photos and drive traffic to a Facebook page where you offer your services.
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  • Profile picture of the author Pierce
    How about creating a site that streams all the events that are playing and put a content locker on it?
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    • Profile picture of the author BloggingPro
      Originally Posted by Pierce View Post

      How about creating a site that streams all the events that are playing and put a content locker on it?
      How about researching the legality of such an activity before attempting? Oh maybe I could include the word Olympics in my domain name too? Because ya know the most aggressive organization regarding trademark infringement simply wouldn't notice?!
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      • Profile picture of the author oppcent
        Quote:
        Originally Posted by Pierce View Post
        How about creating a site that streams all the events that are playing and put a content locker on it?
        Originally Posted by BloggingPro View Post

        How about researching the legality of such an activity before attempting? Oh maybe I could include the word Olympics in my domain name too? Because ya know the most aggressive organization regarding trademark infringement simply wouldn't notice?!
        I found the following links which explain the main restrictions surrounding the use of their trademarks:
        http://www.olympic.org/Documents/Gam...nes-London.pdf

        and this:
        http://www.london2012.com/documents/...ercial-use.pdf
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  • Profile picture of the author louie6925
    I see you live in the UK! as was mentioned above its a little late to start thinking about it now, however if you live near london then the opportunities are endless!

    1000's of different events, 1000's of different niches! for example there are thousands of people going to watch the Equestrian events, I bet 80% of these spectators are horse lovers, and we all know (horsey) people are quite passionate!!! find a good horse related company offering an affiliate programe, or ebooks on the rules, do's and don'ts of all things related to equestrian! print up flyers and distribute outside the venue! the same with cycling, swimming, rowing, shooting, archery etc etc all those targeted people in one small area!!!! gold!

    Ok, this ones a little outside the box, but again using Equestrian as an example, think about how many visitors would love a little momento from their day! again create a simple squeeze page for people to visit to submit their emails and name! advertise your site again on leaflets as a way to remember your day! after the event itself there will be tons of images and photos all over the net, tons you can get for free! grab all these images together and using some free cam software such as camtasia or something, put together a slide show to music of all the related photos! sell these for a couple of dollars each as a memento for their day! again your advertising would be leaflets handed out around the equestrian centre!

    I'm sure there is something similar to be done using CPA too!
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    • Profile picture of the author Larquini
      Buy heaps of tickets and sell 'em on the street at heavily inflated prices:rolleyes:
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  • Profile picture of the author Charles Harper
    Start looking at who might be a possible upset winner in one of the event and interview them. They will be less popular and perhaps easier to get.

    Use them to drive traffic to your site, where you will have Olympics related offers. Google and Amazon. If you can get accepted, Ebay works too.

    CT
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    • Profile picture of the author myob
      Write articles about the athletes' work-out equipment, diet, etc, and publish these in the many thousands of topical health-related ezines, blogs/websites and off-line magazines available. This can drive torrents of traffic to Amazon product offerings such as books, exercise equipment, vitamins, food supplements, and even some of the personal products used by Olympic athletes.
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  • Yup, trying to get into the "Olympic Bandwagon" is far too late. This should have been planned right after the bidding was done...
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  • Profile picture of the author RonnyRaygun
    If you want to monetize the olympics, maybe it's time to start getting articles written about every athlete. One of them is bound to be a star, might as well start ranking for their name.
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  • Profile picture of the author Mark Bradley
    Bearing in mind that Euro 2012 and the Queen's
    Diamond Jubilee are also happening shortly, you
    could consider selling Union Jack and St.George
    flags on eBay.

    Can't imagine you would make a 'killing' but there
    might be a few quid in it.
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  • Profile picture of the author elcomandante
    If someone put a gun to my head and told me to make $25,000 off the olympics, I would talk about online betting. If I had the site hosted in the UK, I would push a couple of UK betting sites and talk about the events that I know most.

    Someone mentioned equestrian earlier. I had no idea that was related to the olympics. People love to bet on horses. Forget the e-books. Tell people how to make money betting. People love betting and they love the idea of easy money.
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    • Profile picture of the author azmanar
      Originally Posted by VinnieVegas View Post

      Operate vans that zip around town as traveling bordellos.

      Other than that, I'm drawing a blank.
      Originally Posted by Larquini View Post

      Buy heaps of tickets and sell 'em on the street at heavily inflated prices:rolleyes:

      lol ... this is really a fun thread.

      There are 7 billion people living in the world. Probably 50% don't have access to TV. That's 3.5 billion left. Half of them would rather be doing something else rather than watching Olympics, including me. That would leave a balance of say 2 billion. Say 50% are toddlers who won't even understand whats going on. That would make 1 billion people who would really watch Olympics if they wanted to.

      Because of Time Zones, probably 30% could see Live Broadcast on certain events of their National favourites. The rest would see edited broadcasted versions.

      You'll find a great surge of people coming from everywhere in the world, hanging around not far from the Olympics venues.

      If it is too late to cash in during the Olympics, it is NOT too late to market things during the Olympics to cash in after.

      Eye catching Flyers and Name Cards are best.

      Those who can afford to visit UK during the Olympics are probably people who can spend money. My assumption is that most of them would be young to middle-aged people who are net-savvy.
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  • Profile picture of the author theimdude
    I am not much into sports but when we had the 2010 soccer here in SA a week before the end I registered whoisgoingtowin.co.za and had people subscribing to win a price of they could guess the winner of the semi finals and final. I build a small list this way and also monetized it with adsense. The click were prime so made a few good $ in that short time.

    Was going to continue doing it but lost interest and dropped the domain. I see whoisgoingtowin.co.uk is available and as there are more sport option select a few and you will make money with adsense especially if you have a list to start it off with

    Everybody like to win something so you list can be for any niche and they will enter.

    I also at the same time registered worldfootballbetting.com and it is about to exspire in a few days if anybody want it for free. It is with godaddy and I will push it to your account.

    You can't put adsense on there but I am dropping it. The front page of the site is hacked but easy to fix as I lost interest in the domain and that niche

    If you in London it is easier as you can take pics and generate traffic with pininterest etc.
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    • Profile picture of the author ShivaLingam
      Originally Posted by theimdude View Post

      I am not much into sports but when we had the 2010 soccer here in SA a week before the end I registered whoisgoingtowin.co.za and had people subscribing to win a price of they could guess the winner of the semi finals and final. I build a small list this way and also monetized it with adsense. The click were prime so made a few good $ in that short time.

      Was going to continue doing it but lost interest and dropped the domain. I see whoisgoingtowin.co.uk is available and as there are more sport option select a few and you will make money with adsense especially if you have a list to start it off with

      Everybody like to win something so you list can be for any niche and they will enter.

      I also at the same time registered worldfootballbetting.com and it is about to exspire in a few days if anybody want it for free. It is with godaddy and I will push it to your account.

      You can't put adsense on there but I am dropping it. The front page of the site is hacked but easy to fix as I lost interest in the domain and that niche

      If you in London it is easier as you can take pics and generate traffic with pininterest etc.
      Not a smart move... here in the UK gambling is extremely regulated (and yes, even if your visitors don't pay any money it could still be construed as gambling), so I wouldn't use this strategy just to make "a few good $" considering the risks
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  • Profile picture of the author xxxJamesxxx
    I have one. Quite a good one if I say so myself. Anyone else?
    You want everyone to share their ideas but you're not willing to share yours?

    But one sided if you ask me.

    James Scholes
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  • Profile picture of the author Krisz Rokk
    * Offering a place to stay - hotels are already booked out
    * Private tours in London maybe by bicyle - traffic is going to be a BIG challenge
    * Put up a LED screen / Beamer to show the games
    * Offer food & drinks (esp. water if it's going to be hot) - I remember paying 7 € for 0.5L water in Paris, crazy
    * Mechandising
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  • Profile picture of the author Jordan Kovats
    Plaster a whole bunch of posters with your URL on telephone poles at intersections. Kidding.

    Anything web related, ie streaming, could have serious implications.

    As an aside, I was listening to sports radio one day, they were talking about all time best slam dunks in Basketball. The best was when Vince Carter jumped over a guy in Australia I believe. Due to the Olympic content rules or whatever, the Olympics own that material, and networks, cannot even show that in a highlight reel. Go figure.
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  • Profile picture of the author Tony Dean
    You want to make money at the Olympics?

    Here's a very old mail-order scam from way back, yes they did have sailing ships still!

    Advertise "miniature portraits of the Queen for £50 each" and just send them a postage stamp!
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  • Profile picture of the author KenJ
    I used to live in London as a kid. You get to learn all the short cuts and ways to get around. But for visitors it is a complete maze.
    If you know your geography and can get around London then you could be a guide for visitors. Overseas visitors will want to see all the famous sites and if you are organised you can see many of them in one day.
    KenJ
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  • Profile picture of the author stesnees
    Just go and do what everyone else in London does and pick a few pockets!
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  • Profile picture of the author Chris Worner
    Originally Posted by Alyona The Publicist View Post

    Sure I have an idea, set up a blog for people to buy and sell tickets on (and you get a commission) - I heard it's just a great business and ticket-seekers are ready to pay thousands more than the original asking price for all the tickets which are very near fully sold!
    That is called ticket scalping and the practice has been cracked down on by the sports and entertainment industries, not to mention doing so automatically voids the ticket.

    High fine for scalping Olympics tickets - UPI.com

    If caught, it is a $32K fine.

    Paypal and other business such as ebay won't process funds or allow such sales.

    And as far as setting up your own website to do it, wouldn't take long before the cease and desist letters start rolling in.

    Depending where you live, engaging in this practice could be potentially illegal.

    http://en.wikipedia.org/wiki/Ticket_resale

    -Chris
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  • Profile picture of the author PhilippaWrites
    If I could invent and sell a 'wake me up when it's over' device, I think I'd make a killing. Mind you, I should have got that sorted before the Queen's Jubilee to really get the best out of it.
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  • Profile picture of the author Ewan Lumsden
    Banned
    Was thinking about this the other day pondering over the idea of earning money online doing something with it. Couldn't come up with anything though :p
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  • Profile picture of the author themanflint
    Stand on the corner and sell some flags
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    • Profile picture of the author Nathan251
      I actually bought the domain name olympicsmedaltable.com a couple of months ago and I was very happy that it was available, I thought I could make a killing but then I chickened out because of trademarking issues and got a refund for the domain name - some people would try their luck with that kind of thing but if you had any kind of success with promoting the site I would think there would be a big chance of someone contacting you to query the legitimacy of your site
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  • Profile picture of the author DubDubDubDot
    Regardless of any good ideas, it's too late to just now be starting on it. Should have made this thread 6 months ago.
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    • Profile picture of the author mogulmedia
      Originally Posted by DubDubDubDot View Post

      Regardless of any good ideas, it's too late to just now be starting on it. Should have made this thread 6 months ago.
      Course it's not too late...

      Grab some sports/leisure CPA offers. Turn the links into QR codes. Print loads of flyers. Hand out to the millions of people. Hopefully cash in!

      Total preparation time - hour or two...
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      • Profile picture of the author Terra26
        I know many people who have made money selling t-shirts after some city's professional sports team wins a championship. People like to buy t-shirts. If you have or can get a hold of the equipment to make a lot of t-shirts quickly, you could set up a website to sell them on-line. Or if you are in London, you could set up a booth and sell them there.

        Terra
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      • Profile picture of the author DubDubDubDot
        Originally Posted by mogulmedia View Post

        Course it's not too late...

        Grab some sports/leisure CPA offers. Turn the links into QR codes. Print loads of flyers. Hand out to the millions of people. Hopefully cash in!

        Total preparation time - hour or two...
        Sounds to me like something a desperate crack addict would do for a couple bucks.
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  • Profile picture of the author Randall Magwood
    Sell T-shirts from out of the back of your van. Lol...
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  • Profile picture of the author SamGo
    Originally Posted by Horny Devil View Post

    2 weeks of the Olympics followed shortly afterwards by the Paralympics. Hosted in one of, if not the busiest city in the world.

    13 London venues and 11 non-London venues.

    20,000 broadcasters, journalists, photographers, etc, in the IBC/MPC village alone.

    2,000+ competing athletes.

    314 events.

    All Stadiums and London hotels sold out.

    Countless millions in Britain for the games, probably a billion watching worldwide, many of which eager to snap up a souvenir or something associated.



    SO ANY IDEAS TO MILK THIS MONEY COW???



    I have one. Quite a good one if I say so myself. Anyone else?

    We have a great one but I'm only going to show you mine if you show me yours!!!
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    • Profile picture of the author cjreynolds
      A couple years ago when I was first learning IM, I read about a guy who, when one of the world cup soccer games was about to start (a week-long tournament), he found a software package that streamed TV to a PC over the web. He promoted it (can't remember how) and in the opening hours of the first game, he was making $90 per minute. It dropped off soon, and spiked and dropped throughout the week, but he made some good bank
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  • Profile picture of the author Megan Duffy
    Not going to use this one, but I would if I had more time: Set up a twitter account especially for the Olympics. Hire people to write jokes about Olympic news and tweet every hour or two. You'd get followers and retweets really fast because you're posting humor related to current trends. Then promote Olympic-related products to the followers.
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  • Profile picture of the author 100k
    elastic wristbands like those they use for charities and ****.

    Make em the Olympic colors and or the great briton color (white/blue/red).

    Buy em for like £0.15 each, sell em for £1 a pop. You can sell em all day and be on the move and make a nice little buck!
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    Rent this space.

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  • Originally Posted by Marianne Gonne View Post


    My idea was to broker parking places just outside the central no-drive zones.
    Exactly how I made money in 2004 while on a 2 year "working" holiday in London.

    At one stage, I did security work at a large distribution warehouse which was right opposite a Football stadium. My friend and I worked on Sundays when the warehouse was closed for business and most Sundays there was a match at the stadium and the people BEGGED us to park in our 400 car lot because there was a lack of parking (like almost everywhere in London).

    We did a deal with the manager of the warehouse and then rented the parking spaces for 10 quid per car and we made an absolute bundle every Sunday.

    I bought a 4x4 Toyota Hilux D4D Double Cab upon my return, CASH, from my "Parking Money".

    Great times those.... back when 1 GBP (British Pound) was worth 18 ZAR (South African Rand).

    Parking is BIG, if you can rent space and sell it per hour, you will do great, I've spent some time in Russia recently where a parking space for a single car can go for $100,000 (nothing fancy, just a big parking lot with a tin roof and a fence around it)

    Sam
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