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Tip: How To Make More Money In IM

Discussion in 'Making Money' started by the-dream, Nov 13, 2013.

  1. the-dream

    the-dream Regular Member

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    Any time anyone pays you to do something, consider if you can get other people to do that too and be a middle man.

    Eg if someone wants to buy some ad space on your site, say yes and I can get you ad space on other similar sites too then hit up similar sites and buy out their advertising for half the price the first guy is paying you.

    Just some food for thought! BE A MIDDLE MAN.
     
  2. Beven

    Beven Elite Member

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    But why would you want to be a middle man if you can sell the service yourself for a higher profit margin?
     
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  3. WizGizmo

    WizGizmo Super Moderator Staff Member Premium Member

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    Yes . . . That is what is called Arbitrage. If you have a bunch
    of inexpensive but dependable sources for various services
    lined up, you can offer those services at a higher price, then
    outsource the work and pocket the profit.

    It is commonly done with Fiverr services.
     
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  4. abhi007

    abhi007 Jr. VIP Jr. VIP

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    Why not be the outsourcer nd play it smart offcourse if you can do one task then no need but still if there is influx amount of clients just be the middleman...
     
  5. Empire007

    Empire007 Regular Member

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    Am already doing this...... Dont spread it, before it gets saturated ;)
     
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  6. SkyrocketSEO

    SkyrocketSEO Jr. VIP Jr. VIP Premium Member

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    Thanks for the "method" OP....
     
  7. rangerOH

    rangerOH Regular Member

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    this is like adsene or infolinks, they are the middles man or middle company
     
  8. Paper-Boy

    Paper-Boy Elite Member

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    Yes, this a something that a lot of business' practice.

    A customer is likely to buy more from you again after the initial sale.
     
  9. Majinn

    Majinn Junior Member

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    You can even let yourself enchant the offer by providing a discount! which costs you nothing, but little less profit. WHOA. That is very serious