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Does this sound like a good idea?

Discussion in 'Making Money' started by TheRallymethod, Jun 24, 2013.

  1. TheRallymethod

    TheRallymethod Junior Member

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    I hope this doesn't sound silly, I'm a newbie and is trying to come up with some ideas by researching and brainstorming

    Is it possible to lease out or rent out your website?

    Lets say, someone has a product or a service that's in the same category of my niche (website), and they will like to use my whole entire website that has a lot of traffic and revenue, to promote their services or product. Instead of just paying for ad space, they could just use my whole website to promote their product meaning their own content and articles. Monthly I would Charge them double my revenue, and all of the money they make from the service and product goes straight to them, instead of having to give me commission from the product? All they would do would just have to pay me the monthly fee. However, the product or services that they offer has to match my websites niche 90%.

    does this sound right? I'm putting together some other ideas as well... I just wanted to make sure this sound like a plan before I start working on it.

    Bare with me and be easy on me... .I am a newbie.
     
  2. mktanny

    mktanny Regular Member

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    People are already doing it , but instead of giving your entire website on a lease , give them a sub niche on your site (may be create a new category for them to post on or use an existing one). One benefit of doing it this way is , you will increase your revenue.
    Just make sure to review every post (can be outsourced).
     
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    Last edited: Jun 24, 2013
  3. ButcherPete

    ButcherPete Regular Member

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    So your idea is to own a website, do the off-page SEO and linkbuilding for it, while the partner provides the content and monetizes it? Sounds like what you're describing is a joint venture. Except the way that's usually done is that you get a percentage of the revenue from sales made through the website.

    You can try this, but be aware that the partner is going to want most of the revenue, leaving you with a small percentage. The issue is that they might as well own their own website and keep it all. Because they're providing the content, which is probably the hardest part and drives most of the traffic. Linkbuilding and whatnot is important too, but it can be easily outsourced.

    If you have a website that gets a lot of traffic, why not just collect all the revenue yourself? You can use that money to pay an article service for more content.
     
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  4. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    This is already happening in the local market I'm in. I see "website rentals" ads all over the place. Expensive too.

    Problem I see is the renter can basically destroy your site unless you're in total control of the content being added.
     
  5. TheRallymethod

    TheRallymethod Junior Member

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    I was thinking that if they product or service matches my niche, then there's a strong chance that my traffic is going to be interested in their services and product. Therefore instead they are bound to make double or triple the monthly fee I will be charging them a month. Meaning I would make it so that they would understand that they will not be making money off any of their content, only off their product. I would not ask for any commission or percentage from the product.
     
  6. TheRallymethod

    TheRallymethod Junior Member

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    I would most definitely consider approving the content first, before I allow it to be placed on my website.
     
  7. TheRallymethod

    TheRallymethod Junior Member

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    This sounds like a plan also... thanks for this idea also.
     
  8. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP Premium Member

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    So you're offering a platform as a service ;) - You rent an editor account in the content management system...that's all. You retain admin privileges and control any abuse.
     
  9. TheRallymethod

    TheRallymethod Junior Member

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    I will be sure to think with a business mind with this idea... wouldn't want to destroy my website.