Got home today to find a mound of mail in the front porch. As per usual there were several biz opps sales letters in there.
The one that stuck out though was an offer I haven’t seen before from Streetwise which they have called “The Profit Portal”.
At £497 + VAT it isn’t cheap but these courses always seem to sell well and Streetwise are known for offering a robust guarantee…
I was reading through the sales letter and trying to work out what exactly it is all about.
For a change there isn’t a lift letter from John Harrison – just a “Reservation Certificate” (order form), the letter itself and an envelope (not pre-paid).
Seeing that there isn’t an introduction letter with this sales pack I am assuming that this is probably one of the first mailings that they have done for this one.
I have been monitoring Streetwise’s mailings and they do seem to test different aspects of the sales process so if this is a good seller I would expect to see further offers of this product but with a different, improved sales approach.
Anyway, I went off on a tangent there.
Reading through this offer, it seems to be about “domaining” and making money from virtual real estate.
Bob Ryan, the person who is offering this particular package, writes a good story. He asks:
“How Rich Would YOU be if Property was
FREE and Tenants were GUARANTEED?”
Immediately you find yourself imagining that this is another property investing course i.e. buying and selling bricks and mortar but it turns out that it isn’t.
He talks about an “Underground Elite” who use a secret method to make “Fast Cash and Lump Sum Pay-Outs”
What it turns out to be is an opportunity to learn how to setup a business buying and selling domain names and also “parking” these domains for a monthly income.
Parking means that you put up an advertising page on your site and earn money each time someone visits your site and clicks on an advert.
It’s nothing new or particularly secret but it’s true that it is a business that is largely run by a small number of investors. Probably because not many people understand exactly what domaining involves or how it works.
What seems to be overlooked by a lot of people is that some domain names have been sold for amazing amounts of money.
Take “dictionary.com” – this sold for $100million just a few days ago. Of course, there was a whole business behind it but it started with the purchase of one little domain name – and domain names are currently available for about $8 (4 pounds) a year.
You won’t get a domain name like “poker.com” by just visiting GoDaddy. All dictionary words with a dot com extention were registered some time ago. However, you can still find gems by doing some research, for example a domain name with three keywords. You will simply have to take the time to research what keywords are likely to attract visitors.
The package on offer here is some software that Bob Ryan has developed that will make “income-generating websites” for you at the push of a button.
That would probably be a “parking page” – which you can get for free at http://www.sedo.com
There may be more to it but there may not.
Seems like this could just be a “newbie” package to tell you how to buy a domain name and put up adverts on it. You get traffic from people typing in your domain name by mistake whilst looking for related information.
It’ll be very interesting to hear more about this one but I’m not going to bite.
The product I recommend on the subject of “domaining” is Paul Gunter’s Domain Profit Guide: http://www.DomainProfitGuide.com which is ever-so-slightly cheaper.
However, if you do buy the Profit Portal opportunity please do let me know what you think…