If you haven’t heard or noticed yet, individuals, small business and major corporations are using our mobile devices ( e.g., smart phones, PDA's, cell phones, etc.), to make BIG money. And I mean in the millions - individuals too.
Think about this for a minute.
- You sign up with an Mobile Optimized Ad Network for FREE. Let’s say for this situation we used the Mobile Optimized Ad Network- Offer Vault. We are going here to pick out a mobile ad to send to the mobile device users. It could be an ad on ringtones (Black Eye Peas), a movie (Avatar) or a game (NASCAR Racing), auto insurance quotes, free coupons, “How to Make Money on the Internet for FREE“, etc., etc.
- Then you sign up with a company like AdMob (there are other networks but Google just bought this company, this past July 2010, so that they can get into the Mobile Marketing arena too. They must know something? Right? Now you do too).
- You just copy and paste the ad link you just got from Offer Vault (the company in the above step) in the directed location in AdMob and they send it out to the mobile device users. If the smart phone, PDA, cell phone users accept the product, service or information YOU GET PAID. It’s almost that easy.
Obviously, there is some work to be done. But, it isn’t difficult, time consuming, or expensive. Believe me, this an easier concept than what you are doing right now to make a living?
So, How Do You Make Money With Mobile Marketing or M-Commerce?
- You made money when the mobile device users downloaded the ringtone, movie, game, service, information, got redirected to a company’s website or sold an affiliate product, and many of the other ways you can get paid.
- How difficult can it be to have a mobile device user submit their phone number, zip code or email address and for their reward, they can immediately download a product, service or information directly to the smart phone, PDA, cell phone and WATCH OR USE IT NOW?
- This is called CPA - Cost Per Action. When YOU get paid when someone takes action.
- Let me give you a little more detail:
- Your ad that you got from Offer Vault for FREE went out via AdMob to an Android or iPhone user. AdMob charged you $0.05 per ad. . Your ad got a 10% acceptance rate.
- This means that out of the 250 ads that went out, 25 mobile device users accepted your offer. Don’t forget you had to put up a minimum $50.00 to join AdMob and to start your ad campaign with them. They have the connections to the mobile device users - there are other networks too.
In this example, you got paid $10 per acceptance or
$10.00 X 25 mobile device users,
$10.00 X 25 mobile device users,
out of the 250 mobile device users you and AdMob sent out =
$250.00 paid to you. From a $50.00 investment (AdMob). OR
$150.00 paid to YOU. For 5% acceptance. Not the 10%. OR
If the acceptance was just for their email address
@ $3.00 per acceptance and you got 20% of 250 users (50 accepted)
YOU got paid - $3.00 X 50 users = $150.00
You can do this day, after day, after day...
This is just an example but very feasible.
I’m not going to give you any testimonials because I don’t trust them. Sorry Internet Gurus.
Imagine how much you can make per day, week, month? Especially, if you re-invest your profits!! Start small and become HUGE. Do you see the money making potential? And it won’t cost you an arm and a leg.
So, How Do You Make Money With Mobile Marketing or M-Commerce (Continued)?
- I know that the above action plan sounded great and easy, but the real money is in driving this mobile device traffic, with the same ad, no extra cost, to your website or blog and develop a list. When they come to your site or blog YOU GET THEIR EMAIL ADDRESS. Don’t sell them, yet. Or, give them a discount on the products you’re selling on your site, but GET THEIR EMAIL ADDRESS.
- Do you see the ease of creating traffic and making some big bucks! When they come to your site/blog, you give them something they can use for free, or at a major discounted price. You got to make them want to give their email address and now you’re building a list. As you know, "The Thing Is In The List." List building is traffic and traffic is money. Be gentle with your new list. Don’t abuse it or you’ll lose it. No pun intended.
Do you see the beauty in Mobile Commerce? Do you the ease in Mobile Commerce? The less frustration involved in Mobile Commerce? The less start-up money committed to Mobile Commerce?
The main thing you should notice with joining the
Mobile Commerce revolution is
Mobile Commerce revolution is
THE LESS TIME INVOLVED IN KILLING YOURSELF.
To get more information and some of the important numbers behind this Mobile Commerce revolution check out my other blogs.
My next blog will center around some of the players involved in the Mobile Commerce and give you some FREE resources to help you make your decision and to get an idea of the cost/s associated with this endeavor.
Please leave a comment, suggestion, or money (just kidding) below and let’s get this thing going. Remember, I’m new to blogging so be gentle with me.
Thanks, Richard Mayo
Mayo Management and Marketing
Rmayo123@yahoo.com
Rmayo.mgmt@gmail.com