I got a new business model we are currently testing out and working on and wanted to share with the community here. The model is amazing because your customers come to you automatically! I know there have been a few posts that reflect on offline business strategies, but the problem is a lot of people are hindered by the idea that they have to talk and promote themselves.
Thus, we are creating a system in which this wouldn't be a problem for any average joe to setup an create.
- Anyone can do this in their own local area
- So far we earned $582/Month with $4,000 in backend sales still pending.
Your Investment Cost
$110 - to start
1) Open SuperPages or YellowPages and if not in the US, another large directory that has proven business buyers. It should show if they have a website or not.
Find twenty business's that don't have a website.
Do a search to see if they have registered their own domain name, for example, Pete's Pool Hall, www.petespoolhall.com
We use godaddy with a promo code to 20 for around $110
2) Grab the domain name if it is not registered, if it is, find a new business.
3) On the domain name, simple put, this website is available for the business owner, and then have a link that say's, "Are you the business owner? Acquire your website!"
4) This link then goes to a contact form in which the fill out.
To free yourself from cybersquatting, do not rent the domain name for profit, but rent the website and hand them the domain name for free or break even as a trusting lead generation tool
Let them discover the domain is taken, and when they contact you, GIVE it to them for the exact price you paid to register it. Better yet, contact them first and offer it to them for the registration fee that you paid. This will open doors for you and you'll gain the trust of many businesses you do this for. The law of reciprosity is a powerful thing. - Gene Pimental
Why this Setup?
It is known that business owners will search their name on the Internet from time to time, and if they don't own their domain name yet, you will now own it, and since it will match their search... Once they do a search of their business name, all of a sudden they will be flabbergasted of a www.theirbusiness.com sitting on the #1 spot of Google.
Clicking with anticipation, as the business owner, you will receive interest.
What is Next?
They will contact you, and you follow up by creating a basic wordpress website with general stock information, design it nicely and propose that they can rent the website from you for $97-$197 per month, we are still testing prices...
They do it?
Give them their login information, give them a free wordpress report so they know how to use it themselves.
Cash in for months for setting the system up!
We are going to do a huge promotion in September, buying 200 business names, running the rents at $97/M.
So far from our test of 20 business's we grabbed 6 paying $97 per month. However, more money is earned from backend sales.
Why you should start right now?
It is a numbers game... no marketing is necessary because the business owner will find you through their own name!
For $7-$10 o get the domain name for a year to test out a strategy to make minimum $1,000 that year on that $7-$10 investment is just smart.
The Growing Potential
We saw with our initial tests a 30% conversion, it took 5 months so far to receive our business.
If one was to setup 200 domains in their area and sit on it until the business's start to come after you, you can have 60 or so signed up at $97+ per month... you can obviously see the five figure growth.
In any case, that is the model, thanks!