Hello BHW fam
Recently, I've started my new journey on digital goods selling business. (I can't promote the products or provide any details about it yet - I'm a newbie and I'm not allowed in sales and promotional activities). But from today, I'll share my journey of earning a decent income by monetizing my skills and properly using my knowledge of the digital world.
2 months earlier, I've started my journey of earning with the help of my digital card (I'm from a country where we've limited access to the purchased of goods using dollar currency). I don't mean it's restricted, but the means and resources are limited. We can use only $500 with my own virtual card for a year ( with additional fee of $10 to register the card and $5 to reload the card until you reach the max limit of $500). So, you can imagine the situation already. I'll be sharing some rough stats with you guys.
Now to the main point, The nature of my business is currently sharing subscription of Netflix and Amazon Prime. Netflix costs around $9.99/month and I purchased Prime for $8. So, my main goal is to convert my investment of my $150 to $310 within 10 months period (with current scenario). Which means an expected return of $31/month with only $15 investment.
My clients are mainly my friends (7) and their referral (1) currently. I can share my Netflix 4kUHD subscription with 6 members (i.e. $6 * $3.5 = $21) and 6 members for prime as well (i.e. $2*5+$1=$11). I'm planning same for the prime subscription but I only have 2 clients, which will generate me $3 ($2+$1) this month. However, I'm trying to invite one of my friend with 1 day trial for prime.
Due to the limitation, I've stopped the subscription for the month of July and again restarted from August. After refill and recharge, my total cost is $15 for card issuance and loaded $150 only on my virtual card. I think the business will bear an average loss of $10 this month, $7 from netflix and $3 from Prime. But if the client became consistent, then i'll generate profit from September. I will convince 4 more people to purchase prime subscription as per my first target.
I'm only sharing these detail because I've read a lot of article within BHW and got motivated to start my own journey. Since Feb 2024, I've started exploring BHW. I'll share the rest of my journey through BHW with you guys. I hope everyone in here gets a rough estimate of this business model from now on which will help them to take decisions in their own way. I'll keep you all updated about small changes and ups n downs.
And if you're interested to add your opinion, you're already welcome.
Thank You!
I'm sorry for my English, i hope you guys can understand.
Recently, I've started my new journey on digital goods selling business. (I can't promote the products or provide any details about it yet - I'm a newbie and I'm not allowed in sales and promotional activities). But from today, I'll share my journey of earning a decent income by monetizing my skills and properly using my knowledge of the digital world.
2 months earlier, I've started my journey of earning with the help of my digital card (I'm from a country where we've limited access to the purchased of goods using dollar currency). I don't mean it's restricted, but the means and resources are limited. We can use only $500 with my own virtual card for a year ( with additional fee of $10 to register the card and $5 to reload the card until you reach the max limit of $500). So, you can imagine the situation already. I'll be sharing some rough stats with you guys.
Now to the main point, The nature of my business is currently sharing subscription of Netflix and Amazon Prime. Netflix costs around $9.99/month and I purchased Prime for $8. So, my main goal is to convert my investment of my $150 to $310 within 10 months period (with current scenario). Which means an expected return of $31/month with only $15 investment.
My clients are mainly my friends (7) and their referral (1) currently. I can share my Netflix 4kUHD subscription with 6 members (i.e. $6 * $3.5 = $21) and 6 members for prime as well (i.e. $2*5+$1=$11). I'm planning same for the prime subscription but I only have 2 clients, which will generate me $3 ($2+$1) this month. However, I'm trying to invite one of my friend with 1 day trial for prime.
Due to the limitation, I've stopped the subscription for the month of July and again restarted from August. After refill and recharge, my total cost is $15 for card issuance and loaded $150 only on my virtual card. I think the business will bear an average loss of $10 this month, $7 from netflix and $3 from Prime. But if the client became consistent, then i'll generate profit from September. I will convince 4 more people to purchase prime subscription as per my first target.
I'm only sharing these detail because I've read a lot of article within BHW and got motivated to start my own journey. Since Feb 2024, I've started exploring BHW. I'll share the rest of my journey through BHW with you guys. I hope everyone in here gets a rough estimate of this business model from now on which will help them to take decisions in their own way. I'll keep you all updated about small changes and ups n downs.
And if you're interested to add your opinion, you're already welcome.
Thank You!
I'm sorry for my English, i hope you guys can understand.
