Advantages and Disadvantages of the Plug-In Profit Site Programby Suzanne Morrison
http://www.OnlineProfitsWork.comThe
Plug-In Profit Site is a popular business opportunity and over 20,000 people have joined over the last 5 years or so. I was one of these people, hungry to make money online but with no idea how to do it.
Four years on, I am a bit older and a bit wiser and I have become one of the lucky few who is earning enough online to quit my job and start working full time in my pajamas.
If you are wondering "is the
Plug-In Profit Site right for me?" or "what are the pros and cons of this opportunity?" then this article should help answer your questions.
While this was the perfect opportunity for me to get started with, I do recognize that everyone is different and what worked for me won't necessarily work for you. To help you get a better understanding of this opportunity I will start by summarising what it is all about and then go on to explain what the advantages and disadvantages are.
In a nutshell the
Plug-In Profit Site is a home based business opportunities website created by Stone Evans, promoting five different home business programs. At the time of writing these are Host4Profit, Success University, Strong Future International (SFI).
The site is free as long as you host on Host4Profit and you can choose whether to join all five programs or just a subset of them. Some of the opportunities are free to join whilst others charge a fee.
When you apply for a Plug-In Profit Site you will receive a home business website, a series of autoresponder messages to follow up on your subscribers, access to a helpdesk and a member support forum plus a "30 days to success" training guide.
Advantages of the Plug-In Profit Site
(1) Residual Income - all the programs promoted on the Plug-In Profit Site pay residual income which means that by making one sale you can receive a commission every month. An example of this is Host4Profit hosting, which pays $10 commission per month for every customer you sign up, for as long as they remain with Host4Profit.
(2) Website Built within 24hrs - as long as you submit all your information correctly you will receive your website within 24hrs or less. Normally when you build a website there is a long period of research and it takes a lot of time and effort or money to built the site. With the Plug-In Profit site you can get started promoting your site straight away without having to worry about this.
(3) Customizable Site - as long as you know some HTML or are able to use a free website editor such as NVU you can make changes to your website. This could include adding or removing programs, adding an introduction or photo or adding new pages. Alternatively there are affordable services available from various people to enhance your website e.g. by changing the color, adding new pages and products or optimizing it.
(4) Top Notch Support Network - you will receive a day by day training guide, access to a members support forum and a support helpdesk. If it is one on one mentoring you are after then a group caled PIPS Power Group can provide online coaching at an affordable price.
Disadvantages of the Plug-In Profit Site
(1) Many of the programs within the Plug-In profit Site are MLMs (Multi Level Marketing Programs) which means that you will earn a proportion of the commissions for every person that signs up under you. I personally don't see this as a problem but many people do not like MLMs so I have included this as a disadvantage.
(2) You are not going to make money overnight. Unless you are an experienced internet marketer with a well established website or a big list it is unlikely that you will make money overnight or within the first few weeks. There is a learning curve and you will have to spend some time and effort promoting your website.
(3) Some technical knowledge required to change your website - although your website is fully customizable you do need to either learn some basic HTML OR use a web page editor like NVU to make changes to your website. You also have the option of paying someone to make changes to your webiste. If you do not want to make any changes yourself or pay to have someone make changes it will be more difficult to have success with this website.
(4) It is not free - although the site will be built for you for free, the minimum running cost is $15 a year plus $24.95 per month for hosting. If money is tight and you can barely afford to live then this is not for you.
These are the main advantages and disadvantages of the
Plug-In Profit site. I hope this balanced review of the Plug-In Profit Site will help you to decide whether this is the right business opportunity for you.
About the Author:
Suzanne Morrison works from home full time on the internet. She is the webmaster of http://www.homebiz-direct.com and an online mentor at the PIPS Power Group - http://www.pipspowergroup.com
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Copyright © Lana Robinson
May 9, 2008 | By Kenneth Koh
Many people can come out with innovative ideas. But coming out with innovative ideas that sell requires some skills. Today, I’m going to show you how to do it.
There are only 3 steps to follow:
1) Find a hot market with lots of buyers
2) Identify the limitation of existing products in the market
3) Think of an innovative solution to overcome that limitation (Tips: the innovative solution is usually a combination of two existing solutions!)
That’s it. If you follow these 3 steps, you will be able to come out with innovative ideas that can easily make you money.
Let me show you how others, including myself, use these 3 steps to come out with profitable ideas.
In the 90s, someone came out with a viral lead building system known as a Safelist system. In this system, everyone in the system is able to send emails to each other, and hence the name “Safe List”, i.e. a list that is safe to send emails to. When it first started, everyone was excited because suddenly, they can reach out to thousands of people for free. However, what they didn’t realize was at the same time, they were receiving thousands of other emails from other members too!
Soon, people realized that their emails were flooded and they started to think of alternatives. A simple solution was to redirect those emails to free accounts such as Yahoo and Hotmail accounts.
Guess what, the trick soon spread throughout the industry and everyone started doing the same thing.
The end result was, everyone was trying to email to everyone but no one was reading any email!
As you can see, lead generation is a hot market. But the existing ‘Safelist’ solution has a big problem. People do not want to flood their emails.
Here comes the idea maker who thought of a solution to this problem……
In 2000, a renowned internet marketing guru, John Reese, came out with an ingenious system. He combined the idea of safelist and network system. In his novel system, members can send emails to their 10 levels of members. Let me explain……
For example, A1 recruits B1 and B2 who become A1’s level 1. B1 and B2 then recruit C1, C2, C3, C4 who become A1’s level 2 and so on. It’s something like your referral structure at EmailCashPro. To A1, he will be able to send emails to all the Bs, Cs, Ds, Es, Fs…. all the way to the 10th level.
This is a powerful system because in this system, the maximum number of emails each member can receive is limited to 10, since only the immediate 10 uplines can send emails to the member. But the member can email to thousands of people in his 10 levels of network. If you don’t get what I mean, take out a piece of paper and work out the maths. It’s not hard to figure out.
John’s ingenious system has shaped the lead generation industry. Today, many other lead generation programs use a similar system to build leads.
What John did was he took the safelist idea, which is an existing system but with a limitation, and combined it with network building system, which is another existing system. I hope you can see that nothing truly innovative is created here. He merely combined two systems into one in order to overcome the limitation of the safelist system.
John’s system solved the problem of members’ emails being flooded with thousands of emails. However, members in the system still have to receive emails from their 10 uplines in the system, which is still obtrusive and annoying. In reality, many people in such system still divert their emails to junk accounts.
There you have it. Another limitation that is waiting for someone to overcome.
This time, I grabbed this opportunity to create a system that allows members to build leads without having to receive any email from any member in the system. You may have guessed it by now. Yes, the system is called LeadsLeap.
Basically, I took John’s system, which is already an improved version of the safelist system, and combined it with contextual advertising system. For those who don’t know what is contextual advertising, go to Google.com and do a search for “birthday gift”. Look at the advertisements on the right hand side. Those are contextual ads.
In a nutshell, members of
LeadsLeap.com will not have to receive emails from any other members in the system. They will only receive info-packed newsletters (now info-packed blog) from me.
The twist in the system is that I allow members to post their contextual ads in my newsletter. To a member, besides reading high quality newsletters, he will also see the contextual ads posted by his 10 uplines. He can click on the contextual ads in the newsletter if he is interested in the ad. If not, he can just read my newsletter and learn more about making money online.
Again, nothing truly innovative has been created. I simply combine two existing systems into one in order to overcome the limitation of John’s system.
That’s it. 3 simple steps you can use to come out with innovative ideas that sell!
Make use of these 3 steps. The next winning innovative idea can be from you!
Go here to learn more about
LeadsLeap today!
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Lana Robinson is a successful home based business owner and Internet marketer working with top leaders in the home based business and Internet marketing industry. For more information on starting a home based business visit:
http://www.OnlineProfitsWork.com-----------------------------------------------------------------
Labels: network building system, safe list, safelist, viral lead building
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