Website Designers
Discussion
Super Slo Mo said:
That's an interesting suggestion. The obvious problem is that I can't give any projections as to turnover although I can see the incentive for the web designers to make it work properly.
I'd be inclined to argue the incentive is always there for any designer or developer worth their salt. Business success for yourself due to their work, will always inevitably lead to more work for them, recommendations and ultimately business success for them.
I don't personally feel profit share is necessarily the best way to motivate an external partner of this nature. Though it may lead to a more transparent approach in offering honest opinions due to more skin in the game, and less risk of being fired as an external agency if they offend you. Though I'd again argue, that if they're worth their weight they would always risk this approach anyway.
I've dropped you a quick email OP regarding our services, if you are still searching for someone to work with.
revenue share is a very risky route for a web company...
I have run a web company for the last 12 years and every single approach we have had requesting a revenue share has been risky on several accounts:
- the person suggesting it generally does so because they can't afford the web development - i.e. they are under-funded in the business - doesn't suggest that they are likely to be funded well in terms of growing the business in other ways, so there is a high chance that the business will fail
- they generally are cowboys looking to build a business without any understanding of how businesses work
- they often want it all - all the rewards of a successful business - without any skin in the game themselves - if they are not prepared to invest into the business, why should my company support their dream
- they are often very unrealistic about the value of their business / the value of our time / appropriate reward / etc.
- they have rarely ever been in business previously
- they want someone else to do all the work while they make money
- they rarely have a decent business plan
- they rarely have any concrete understanding regarding how the business will grow - it is all 'this could happen' or the market is $5billion, therefore we aim to have 1% this year and 10% in 3 years time - really?!
- our work is rarely valued - otherwise they would be prepared to pay for it
- they universally believe that what they are asking us to do could be done by anyone over the age of 6 and therefore is simple, and they are being gracious and condescending to allow us to be a part of their grand plan!
having said that we have and have had clients with start-up / established businesses where we have held equity / been on the board / have had agreements to help their cash-flow - but we buy the person not the business, and this is rare...
ultimately, if we are going to put in the work to build the business (and many of these the business is entirely online, so we would be building virtually the whole business) why would it not be my business and I will keep 100% of the income...
DSLiverpool's situation is different - he has a track record and is building partnerships - that is very different from speculative dreamers wasting time...
I have run a web company for the last 12 years and every single approach we have had requesting a revenue share has been risky on several accounts:
- the person suggesting it generally does so because they can't afford the web development - i.e. they are under-funded in the business - doesn't suggest that they are likely to be funded well in terms of growing the business in other ways, so there is a high chance that the business will fail
- they generally are cowboys looking to build a business without any understanding of how businesses work
- they often want it all - all the rewards of a successful business - without any skin in the game themselves - if they are not prepared to invest into the business, why should my company support their dream
- they are often very unrealistic about the value of their business / the value of our time / appropriate reward / etc.
- they have rarely ever been in business previously
- they want someone else to do all the work while they make money
- they rarely have a decent business plan
- they rarely have any concrete understanding regarding how the business will grow - it is all 'this could happen' or the market is $5billion, therefore we aim to have 1% this year and 10% in 3 years time - really?!
- our work is rarely valued - otherwise they would be prepared to pay for it
- they universally believe that what they are asking us to do could be done by anyone over the age of 6 and therefore is simple, and they are being gracious and condescending to allow us to be a part of their grand plan!
having said that we have and have had clients with start-up / established businesses where we have held equity / been on the board / have had agreements to help their cash-flow - but we buy the person not the business, and this is rare...
ultimately, if we are going to put in the work to build the business (and many of these the business is entirely online, so we would be building virtually the whole business) why would it not be my business and I will keep 100% of the income...
DSLiverpool's situation is different - he has a track record and is building partnerships - that is very different from speculative dreamers wasting time...
DSLiverpool said:
Depending on product obviously but in a lot of cases SEO is wasted money, multi platform and social media and paid ads seem to cover it now unless your a local business say Wirral Gardening.
Were about to experiment with VR Viewers with a FB shop, Instagram click through and a landing page with paypal buy button - plus ebay and Amazon. No website - Target is 1000 units before xmas - should be interesting.
Even then, all the seo results for WG would be behind the cheap CPC results for WG!Were about to experiment with VR Viewers with a FB shop, Instagram click through and a landing page with paypal buy button - plus ebay and Amazon. No website - Target is 1000 units before xmas - should be interesting.
DSLiverpool said:
Were about to experiment with VR Viewers with a FB shop, Instagram click through and a landing page with paypal buy button - plus ebay and Amazon. No website - Target is 1000 units before xmas - should be interesting.
Instead of messing around with paypal, ebay and amazon, just get clickfunnels and send traffic directly to the funnel. The advantage is huge, you can sell them 3-4 products whilst in the same funnel, as apposed to say Amazon where they will buy product A but the products in "customers also bought" will be your competitors products.twoblacklines said:
Instead of messing around with paypal, ebay and amazon, just get clickfunnels and send traffic directly to the funnel. The advantage is huge, you can sell them 3-4 products whilst in the same funnel, as apposed to say Amazon where they will buy product A but the products in "customers also bought" will be your competitors products.
The problem with products like clickfunnel is they are all based on methods that have been developed and fine tuned by people like DS who have used experience and vision to spank the method until its half as powerful as it once was. You won't find CF or any other off the shelf stuff messing about in the VR space for a very long time.With internet marketing its always been
1) Create an amazing method
2) Run it until the SEO "experts" start writing blogs about it
3) Sell the ebook on how to do it to all those who think its the new cutting edge method
4) Find new method and start again
Back in the day we used to hit YPN with PPC arbitrage using arcade sites and were making mid 5 figures a week. A few months later everyone knew what we were doing but could not figure how so we put out a kit on clickbank with a self installing arcade script and a guide to signing up etc. We got a referral fee and ongoing cut of spend. At that point the clicks were worth almost nothing but we sold tons of them to people who read blogs and think they knew it all!
I know someone who launched a new product using CF and made $350k in profit in the first week, this was about 3 weeks ago...seems to still work for a lot of people no?
If you are selling an item and you sell other items in the same niche I can't think of a better way than using CF. I am about to use it myself for my products instead of Amazon, simply because I have been burnt in the past by throwing thousands of dollars in paid traffic at my product only for those customers to buy 5-6 products from a competitor via the "Other items people bought" widget on the amazon product page.
I worked it out at the time that competitor made around $25k off my paid traffic.
Atleast with CF you own everything.
If you are selling an item and you sell other items in the same niche I can't think of a better way than using CF. I am about to use it myself for my products instead of Amazon, simply because I have been burnt in the past by throwing thousands of dollars in paid traffic at my product only for those customers to buy 5-6 products from a competitor via the "Other items people bought" widget on the amazon product page.
I worked it out at the time that competitor made around $25k off my paid traffic.
Atleast with CF you own everything.
twoblacklines said:
I know someone who launched a new product using CF and made $350k in profit in the first week, this was about 3 weeks ago...seems to still work for a lot of people no?
If you are selling an item and you sell other items in the same niche I can't think of a better way than using CF. I am about to use it myself for my products instead of Amazon, simply because I have been burnt in the past by throwing thousands of dollars in paid traffic at my product only for those customers to buy 5-6 products from a competitor via the "Other items people bought" widget on the amazon product page.
I worked it out at the time that competitor made around $25k off my paid traffic.
Atleast with CF you own everything.
I'm not saying its a bad product and for people without development & advanced marketing skills then its up there with the rest of them.If you are selling an item and you sell other items in the same niche I can't think of a better way than using CF. I am about to use it myself for my products instead of Amazon, simply because I have been burnt in the past by throwing thousands of dollars in paid traffic at my product only for those customers to buy 5-6 products from a competitor via the "Other items people bought" widget on the amazon product page.
I worked it out at the time that competitor made around $25k off my paid traffic.
Atleast with CF you own everything.
Making 350k in a week is easy if you have the right product and the right marketing budget. It would be far easiler to take a crap product, find an influencer use CF & creative marketing than it would be to have a great product, and a bundle of cash for PPC/
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