Investor needed: $500k per month internet business - 75% Profit

**youngspade24** · 12-17-2011 11:30 PM

Originally Posted by ChristianBrown09

I actually love your idea, but as an internet marketer I know that it takes a certain type of person to succeed. A brilliantly creative person who is usually a step ahead of their peers. I'm assuming that this is you, but on the other hand, Internet marketers who do what you do are usually solo treps who work better alone instead of with a partner. I have no doubt that you'll make this money once you get the investment, but I'm just weary of investing in a string of internet marketing campaigns instead of actual companies. If you disappear with my money, avoiding me is as simple as changing your email address. I have no physical record of who you are or where to find you. lol Good luck with raising your funds, and congratulations in advanced to the money that you'll make but I suggest finding funds from a physical person instead of online. Again, no offense to you.

That's why you have somebody to get the info on them, have all of the info known to them. All of their family,locations,friends,etc. But to the OP nobody will pay for this. There are sites like this all over the net.

**Highlandsoul** · 01-04-2012 01:55 PM

Youngspade:

You are correct, there are sites similar to the one I propose, but you are forgetting a couple things that are key to a successful and profitable business: 1) marketshare - how much room is there for me? The survey/leads business is very big, in the billions per year. 2) Who is running the business - Marketing a product on the internet is the biggest factor when it comes to dominance, if you are an expert marketer, and I am not just talking about run of the mill stuff, I am talking about being able to write a book on the fundementals of marketing and using new and creative ways to drive multitudes to your site, that is what you need.

**JosephBrown** · 01-04-2012 02:50 PM

Originally Posted by paul2145r

I think that I am missing something here..

Where in your equations do you account for the cost of the product that they are completing surveys for?

Using a PS3 as an example. The unit is $250, for example. Shipping is another $20. You are earning (theoretically) $3 per survey. At this rate, it will take the member 90 surveys just to break even. If each survey takes 5 minutes (on average), then that is 450 minutes (7.5 hours) to complete. During that time, the user will not be clicking on any ads. You are not generating any additional revenue unless you require more than 90 survey to get the product.f

The $9.99 that you are charging will be a major hurdle. Most of the users/members that will be drawn to this offer will not have a credit/debit card available (minors) or will not have the 'throw-away' money that this type of purchase would be categorized as. If you got rid of this hurdle, then you may be able to get enough people to complete the surveys to cover your costs for the products. Now, you have your other costs to consider.

Servers will run you approximately $2,000 per month, if you are housing them elsewhere. A phone system will be at least $150/month. Add internet connection, and that is an additional $300/month. Hiring three individuals to 'man the phones' will cost minimum wage, plus benefits and payroll taxes. If you are a horrible employer and don't provide any benefits, you are still looking at $4992 per month for these employees. Because of the nature of the site, you will have hackers working on it 24/7. These attacks will require a full-time programmer (or team). Programmers will run you $3500+ per month, per individual.

Where will your business be based out of? A cheap warehouse/office unit is $1200/month and up. Electric is $200/month. Water may be included, and may not. Physical security is another $100/month. Insurance depends on what you have to insure, but won't be any less than $300/month.

Ahh - don't forget Worker's Compensation for all of your talented staff. $1200 per year is if you are lucky, so let's say another $100 per month. All-in-all, you are looking at an overhead of at least $12850 per month (give or take a few $'s). We haven't even gone into the advertising, affiliate program costs and incentives it would take just to drive traffic to the site. All-in-all, you are working uphill before you even start. It may work, I would recommend taking another look at your approach.

Has anybody listened to Paul?^ I completely agree with him on this. Especially where he's saying about the $9.99 to register. That was the first thing i thought of! Plus there are many, many sites out there like this. They are not new.

I also think your valuation of the company (or idea) is completely out. I mean imagine taking this idea into dragons den or shark tank i believe its called in america... they would rip this idea to pieces. No way will this site make 30,000 a day... i recon you'd be lucky to get it up to 3,000 a day.. and thats if your lucky and actually push it threw all the other sites like this. But by that time, you be in so much debt.

I think you need to rethink this guys.. Just think of the competition, costs and revenue potential.

**Highlandsoul** · 01-04-2012 03:04 PM

I love it when people who have no idea what they're talking about post their opinions anyway. Who pays $2,000 a month for a server, when a DEDICATED server costs $150 a month?

I would love to take this to shark tank/dragons den, and there is no way this would be ripped apart.

**JosephBrown** · 01-04-2012 03:19 PM

Your obviously in love with your idea... but i recon it would. Maybe you should research your idea and its paths further. Such as $0.15 per image ad? As an inter marketer.. id get paid more than that per click on an image ad on my websites... so youl be paying more than $0.15. Also, i don't think foul get a conversion rate of 5%.. your saying that 1 in 20 people who click on a little brief ad looking to know more will pay 9.99 and join? I don't think so... maybe more a conversion of 1%?

Anyway.. its up to you, i just don't agree with the concept, and I'm pretty sure it won't go to your plan. Was just trying to help out a fellow 'young entrepreneur' member.

**anomolies** · 01-04-2012 03:22 PM

Paying a membership fee so that I can fill out surveys? Sounds like a great incentive.

**Noye** · 01-11-2012 10:54 AM

The problem that I have here is that it requires a fee to do surveys. Overall I love the business model, but there are literally hundreds of survey sites out there, many of which are 100% free to sign up for, and have a points system, or you get paid per survey. I used to do it with 3 sites when I'd lost a job five years ago, I made about 100 a week which was great for someone making no money! The thing is I didn't need to pay a monthly fee, and I didn't need to compete for prizes, I was getting paid directly to my paypal account.

So there's my confusion, when so many sites offer free survey's and a payment for your time, what sets yours apart and makes it a good investment for my money? If you were the first to do this I woulda thrown money at you like crazy because the business plan is solid, with competition I'm not so keen.

**Highlandsoul** · 01-11-2012 03:58 PM

Let me explain my reasoning:

1. People who find my site are looking specifically for a gaming console (ps3, xbox360)
they are not there to 'make money filling out surveys'.. they are there because they want a gaming console

2. Fee's DO lend credibility. Even though its a small fee, they are financially tied to it. We want them to fill out surveys, and yes we charge them a fee to do it. But they dont see that, they see the prize, their gaming console.

**Highlandsoul** · 01-11-2012 04:03 PM

Originally Posted by JosephBrown

Your obviously in love with your idea... but i recon it would. Maybe you should research your idea and its paths further. Such as $0.15 per image ad? As an inter marketer.. id get paid more than that per click on an image ad on my websites... so youl be paying more than $0.15. Also, i don't think foul get a conversion rate of 5%.. your saying that 1 in 20 people who click on a little brief ad looking to know more will pay 9.99 and join? I don't think so... maybe more a conversion of 1%?

Anyway.. its up to you, i just don't agree with the concept, and I'm pretty sure it won't go to your plan. Was just trying to help out a fellow 'young entrepreneur' member.

Please, your time is limited, so dont waste it trying to pick apart my ideas.. I can find THOUSANDS of sites with google adwords and pay only .50 per thousand impressions. Targeting gaming sites etc where people who would want this product are likely to be found at, my click-through rate would be very nice. I've spent over $100k with google adwords, have you?

1% conversion rate is sad. There is a kink in your hose somewhere if you're getting abysmal 1%.. 1% isnt even STANDARD. Standard is 2-5% depending on the product/delivery.

**Noye** · 01-12-2012 12:35 PM

I kind of understand more now, but aren't their free sites that offer gaming consoles as prizes for surveys when you do it? I think I remember a few of them that had a points based system where you could turn it in for swag. It was also a free to use site, so have you addressed what your competitors will do to your business and how you will offer a better service then them to provide a better experience for your users?

I am interested in this though, I'll have around 10,000-20,000 to invest in a few months, I just need to know what sets you apart, please pm if you have more information you would like to go over with me.

**Highlandsoul** · 01-12-2012 02:05 PM

The key to sales is not the product, but its delivery.

1. Know thy prospect. The consumer. What are they thinking when they view the offer? Obviously they are interested at-some-level, or else they wouldn't have clicked on the ad.

2. In the case here, the site needs to reek of legitimacy and trust. Because that is the greatest obstacle we need to overcome in order to turn these prospective buyers into willing participants.

3. Advertising. I used automation tools to advertise for me for free. I do this because it beats the hell out of spending money for advertising.

4. There is no spoon.

**Jefferey13** · 01-12-2012 08:53 PM

"I've spent over $100k with google adwords, have you?" Yet you can't raise 10-20k on your own? you must have thrown your money down the tube. If it was other peoples money then big deal. Also I agree, a 5% sign up conversion is ridiculous. And you want to do PPI with that type of site? stupid. That type of site would definitely need to be PPC. Also, remember everyone who is posting that the OP has no skills. He has someone elses business model, and no money. If you like the idea just hire the programmer yourself. If you are a programmer go to someone with the money.