Icey Dan
Power Member
- Nov 24, 2014
- 559
- 628
Hi guys, I have a possible idea for a business model that I wanted to bounce off the community and get some opinions on.
So just to lay down some numbers for context: Bluehost and Hostgstor both pay about $60 USD for each paid affiliate sign up. Shopify pays $55 USD for each paid plan affiliate refferal. I live in Canada so this translates to a decent $75 in my currency. There are freelancers on Fiverr who can design satisfactory stores for as little as $20 USD.
Now - my plan is to advertise a service where we build starter e-com stores absolutely free of charge. We will do everything from design, SEO, product imports etc and we will even throw in a free .com domain of the clients choice (as long as it is available). Everything needed to get up and running. For free.
The ONLY catch is we would require the client to buy paid hosting through our affiliate link (or a paid Shopify plan if going that route) prior to us building the site so we earn commisison.
Lets crunch the numbers...
Each client earns us $75 right away from affiliate commisison.
We then pay someone from Fiverr $20-30 to build the site and set everything up as asked. (We are mainly looking to give our clients a nice looking functional site to get them started - nothing too crazy)
We then buy the .com domain for about $10 if needed and set it up before transferring everything over to the client in a document.
This leaves us with about $35 leftover. With an extensive background in Facebook advertising and chatbot funnels I'm confident I can get a client on board for no more than $15 on the high end. We're literally offering to do it all for free so the interest should be there.
As I get more clients, scaling would become a matter of simply finding more freelancers. The beauty of the model is that since the Fiverr freelancers offer revisions I can pass those revisions on to our clients if they are not satisfied. And since they aren't paying us any money directly they can't ask for a refund down the road. We would have already received our initial flat rate signup comission.
As a web developer by day I can also make tweaks and adjustments on sites here and there if needed.
Can anyone see any issues with this model? If so how can I make it better? Any tips or suggestions from knowledgeable members in this area would be greatly appreciated! Cheers.
So just to lay down some numbers for context: Bluehost and Hostgstor both pay about $60 USD for each paid affiliate sign up. Shopify pays $55 USD for each paid plan affiliate refferal. I live in Canada so this translates to a decent $75 in my currency. There are freelancers on Fiverr who can design satisfactory stores for as little as $20 USD.
Now - my plan is to advertise a service where we build starter e-com stores absolutely free of charge. We will do everything from design, SEO, product imports etc and we will even throw in a free .com domain of the clients choice (as long as it is available). Everything needed to get up and running. For free.
The ONLY catch is we would require the client to buy paid hosting through our affiliate link (or a paid Shopify plan if going that route) prior to us building the site so we earn commisison.
Lets crunch the numbers...
Each client earns us $75 right away from affiliate commisison.
We then pay someone from Fiverr $20-30 to build the site and set everything up as asked. (We are mainly looking to give our clients a nice looking functional site to get them started - nothing too crazy)
We then buy the .com domain for about $10 if needed and set it up before transferring everything over to the client in a document.
This leaves us with about $35 leftover. With an extensive background in Facebook advertising and chatbot funnels I'm confident I can get a client on board for no more than $15 on the high end. We're literally offering to do it all for free so the interest should be there.
As I get more clients, scaling would become a matter of simply finding more freelancers. The beauty of the model is that since the Fiverr freelancers offer revisions I can pass those revisions on to our clients if they are not satisfied. And since they aren't paying us any money directly they can't ask for a refund down the road. We would have already received our initial flat rate signup comission.
As a web developer by day I can also make tweaks and adjustments on sites here and there if needed.
Can anyone see any issues with this model? If so how can I make it better? Any tips or suggestions from knowledgeable members in this area would be greatly appreciated! Cheers.
hope it helps you
