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Help me dominate my local economy?

Discussion in 'Making Money' started by mungus, Oct 8, 2010.

  1. mungus

    mungus Regular Member

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    I live in a small town pop 2000 that is very famous for its local wedding trade. In the area there are a crazy number of weddings each year andlpeople travel from all over the globe to get married here. The thing is, there's litterally 3 or 4 companies that provide these wedding services, it's essentially an oligopoly. These businesses that run the show are also tiny mainly individuals, the biggest having about 4-5 part time staff.

    There is an absolutely staggering amount of money to be made in this area for weddings and these companies really don't seem to be under much pressure from outside competition. For example, one of the guys I know, does between 5-10 weddings a week each one bringing him a minimum of about 3k, this is usually oveer just a weekend!

    Now , I know for a fact, that none of these businesses make a particularly massive effort to dominate the internet despite the fact that around 90% of there bookings come through their sites.

    My question is, say, through the use of the vast amount of BH techniques available to us here, I was able to knock them down the search rankings by creating a bunch of my own sites. What would be the best way to monetize my efforts and what could the possible backlash be that I might face for doing this to them?
    0
    I was thinking, if I did achieve this (still not an easy task I know.) what would be the best way to monetize my efforts? I was thinking along the lines of letting them advertise on my site/some kind of affiliate setup or possibly selling the domains to them outright.Im also concerned of how they may try and screw me as Im more or less a newbie to this game, physical violence aside!

    Any other ideas would be welcome.

    Thanks
     
  2. haverox

    haverox Regular Member

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    Occupation:
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    when you have a golden opportunity like this you need to jump on it right away, strike while the iron is hot.

    i can definetly show you how and put lots of money in your pocket

    hit me up on skype
    Posted via Mobile Device
     
  3. rush7

    rush7 Junior Member

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    show them some market samurai search stats, tell them you know how much they make and offer to rent your site for at least 1-2k a month
     
  4. adward

    adward Power Member

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    Yeah, that's your gold mine.
    First you need to do keyword research. Use both Market Samurai and Micro Niche Finder to have the best idea. Then try to rank for those keywords.
    Buy some cheap traffic to increase alexa ranking. There you go !
     
  5. cyberbliss

    cyberbliss Newbie

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    First thing
     
  6. myristic

    myristic Newbie

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    In cases like this you should apply a hybrid method (offline/online marketing) to reach your goals. You already mentioned some good ideas, and I think you should go for renting ad space in your site to half of the businesses in your town, you can also ask them for a 10-20% of each customer booked through your site. Selling your site will only give you a one time return, and you want to make a recurrent profit as long as you can.
     
  7. mungus

    mungus Regular Member

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    guys thanks a million for the awesome tips, i just have to say i ********ing love the attitude on BHW! Im definately gonna get on this like Ricky Hatton on a fat line of yeyo. Will have to move quick though,not familiar with a couple of the programmes that have been mentioned here but Ill be sure to check them out.

    Haverox, I'll hook you up on skype, just need to get set up as i got a new laptop , feel free to pm in the meantime if you wanna JV, this goes for anyone else who's interested.

    Cheers,

    Mungus
     
  8. Nookie Monster

    Nookie Monster Senior Member

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    I think I know what area your talking about. Not too far from me. Anyway I think there are at least a dozen ways you could make money from this.

    You might try being their booking agency and upsell the client with package deals. Wedding, B&B, and a fine meal. Perhaps add a sight seeing tour in as well. Also sell ad space on your site.

    This would be easier/better than trying to stab them in the back.

    I think they still shoot people for that kind of action there. :)