This post is really simple, just an email I had from Heikki, one of my subscribers to my free eCourse "How To Build Wealth Without Risk and Keep It", and my response.
It's mainly about how to profit by giving away free products and services, in this case the question was about the free websites I'm giving away at
http://www.theaffiliatewebsitecompany.com/free-sites.htm
This is Heikki's email:
Hi Alan
I was going through your website and came
across your free offering of 2 websites that
make money.
I understand you are keeping the method
behind the sites a trade secret,
understandably.
Please, I would really love to understand the
business logic behind that, how will you
benefit (actually: how could I benefit if I
created something similar) from setting up
something for free something which makes
profit for someone else?
Why I am so curious about this? First of all,
I am thinking of signing up for those
websites. Second, your last email about
CREATING VALUE was a real eyeopener for me,
impacted a full shifting of thinking for me.
I discovered something I did not realise I
had... what exactly this is, I want to share
with you but it takes some time for me to
clarify it to the point where I can express
it.
But it sparked immediately big time ideas
about how to create the kind of business
offering that I would truly want to offer in
this world... has to do with a vision of new
type of economy model even, I guess.
I hope to get my thoughts clear on that within
next couple of days, and share them with you
for feedback, if you don't mind.
Your course material has been for me like a
cool breeze on a hot day, leaves me instantly
refreshed and clear headed. And it is only
just started.
Thank you
Heikki Malaska
And this is my reply:
Hi Heikki,
Thank you for your message and kind comments on the "Creating Values" article in my free eCourse "How To Build Wealth Without Risk and Keep It".
I'm a bit curious about the reason for your question about the business model behind giving away stuff for free, and how I can profit by giving away two free websites as I do on my website at
http://www.theaffiliatewebsitecompany.com/free-sites.htm
All over the Internet, articles, information, services are offered for free.
There are many reasons for this, here are some of them:
1) To attract visitors to websites, to change those visitors into subscribers to eCourses or eZines, or just to get them on a list of some kind.
2) To convert those leads into paying customers.
3) Often, the free service has an upgrade path to a paying service.
4) Some free services such as free email and goggle mail is a good example (http://mail.google.com/) give the provider of the service opportunities for (their) free advertising, which generates revenue.
A full answer could take a up a whole article, a whole eBook, or even a seminar!
In fact there are several eBooks on the subject of how to profit from giving away free information such as free reports on my website at TerrificeBooks.com
The Specific Answer for the free sites you mention is that to qualify for the websites you must take out a hosting package with Host4Profit. I would then earn a monthly income from the cost of the hosting as an affiliate commission.
The short answer is that people Love free stuff.
And one very important point to make. Most of the time the free gift or service (online) costs the giver nothing. It is usually either downloadable information, or access to a web page.
Giving stuff away is mutually beneficial - both giver and taker win.
Here is a prefect example of a service offering free advertising:
http://www.theaffiliatewebsitecompany.com/trafficswarm/index.htm
Here is a free book about Web 2.0:
http://www.alansays.com/go/web20blackbook.htm
Here is a free book about making money online (Internet Marketing):
http://www.alansays.com/go/turbomembership.htm
This is a free download accelerator:
http://www.alansays.com/go/dap.htm
Those example, by the way really are superb products that I highly recommend.
You see, Heikki, I really do answer all emails properly and personally.
If you have any more questions, please don't hesitate to contact me.
Best Regards and a wealthy future
Alan Brown CEO BuildWealthWithoutRisk.com
http://www.buildwealthwithoutrisk.com/

