Donna Knight's Internet Marketing Tools and Reviews

Tag: bizopp

  • Before You Sign Up For That Biz Opp, Check This

    Unfortunately scams abound both on the internet and offline. They always have, and they always will. There ought to be some way to check the opinions of other people who have signed up for the latest greatest business opportunity before you shell out your hard-earned cash. Well, there is. There are probably multiple sources, but this is one I’ve used that has made me change my mind about signing up for some bizopp.

    If you’ve just watched one of those late night infomercials and now you’re drooling at the prospect of making millions if you buy their enticing income opportunity, wait! Don’t do anything until you check out http://www.ripoffreport.com.

    Go to this site and do a search for the business opportunity you’re interested in, and see what, if any, complaints come up. Now, you do need to take some complaints with a grain of salt. Most people who buy business opportunities do absolutely nothing with them. What do you think your chances of success are with anything if you do nothing with it? Exactly, zilch! But it is worth it to see what people are saying.

    If you are running a business, there is another very important reason to check out this site. To see what people are saying about you! There are good reviews by customers on this site, as well. If someone is bad-mouthing you, you do have the opportunity to post a rebuttal.

    The fact is, all of us who deal with customers have encountered customers who wanted the sun, the moon and the stars, when you never promised you would deliver any of those things. Then there are customers who flat out lie to get something for free and threaten to to go public when you say “no.”

    Business aren’t the only ones who rip people off. There’s no shortage of dishonest consumers. I like this site because complaints don’t have to be one-sided. They let the business respond to complaints.

    The Rip Off Report is a good site for both consumers and businesses to check out either yours or another company’s reputation. Plus you can post a disagreement if you want to. I highly recommend this site for business reputation information.

  • Reverse Engineering A Business Opportunity

    By Donna Knight

    You can easily (in most cases) reverse engineer a business opportunity.

    Let’s take http://www.ecommercials.tv as an example.

    eCommercials is selling a business opportunity that helps local businesses put their TV commercials on the clients website using a ‘playerless’ video stream.

    The big advantage to using a ‘playerless’ video stream is simple: Anyone can view it. All you need is a browser. The browser will immediately play the video without plug-ins or downloading a ‘player”. For example, Macromedia’s Flash requires installing a ‘player’ on your computer before you can view content created with Flash. The video stream eCommercials is using does not require a ‘player’ to be installed on your computer- it just starts playing!

    A second advantage is that the videos are highly compressed and use very small amounts of bandwidth. Third the video is extremely high quality video.

    The business opportunity they were selling included a few ways you can make money.

    By referring clients to eCommercials and offering a service to ‘encode’ the video and upload it to your client’s website. You get paid about $500.

    If the client requires the commercial to be filmed, your commission is $1500.

    And so on.

    There were two things that were really interesting about this ‘opportunity’.

    1. eCommercials did not create the encoder or ‘playerless’ video technology. They are using another company’s software to create the videos.
    2. All eCommercials is doing is to package the IDEA/CONCEPT of ‘putting video commercials on websites”, selling the service and selling a ‘biz opp’.That’s really it. They are using someone else’s technology and packaging the IDEA/CONCEPT into a biz opp.How much are they selling this ‘opportunity’ for?

    $15,000

    What do you get for you $15,000? You get is a marketing manual, a video or two and a ‘system’ for selling their services, a laptop computer with video ‘samples”, a pre-done website (template) and the ‘right’ to sell the service.

    Then, after you successfully sell the service, you get a ‘commission’.

    You can do this yourself. Find a technology or software product whose output could be a commercially viable product that other compnaies would pay you for. Figure out how other businesses could use the ‘output’ and create a ‘business opportunity’ from it.

     

    A simple concept but it has tremendous potential. The company who developed the ‘playerless’ video encoder is http://www.grus-india.com/ and they market the technology primarily through their ‘ClipStream trademark.

    If you purchase this technology you could start the same service tommorrow, save yourself $10,000 and keep all the profits.

    The next time you see a business opportunity try reverse-engineering it first to see if you can start the business on a showstring. You”ll lower your risk and increase your profits.