New Product Launch: Ads for Providers

New Product Launch

ADVERTISING for Products, Services, Premium Blogs & Outside Web Sites

I am delighted to announce that you can now:

  1) Boost your earnings by building Ads for your Products, Services, Premium Blogs

  2) Earn money by building Ads for OTHER PEOPLE'S Products, Services or Premium Blogs

  3) Promote a web site or page that is outside of FanBox

How does it work?

First, go to the Ads creation page:

Notice the new choices in the drop down:

Choose "A Service, Product or Blog Package" to advertise your or even someone's elses things.

Or choose "A webpage outside of FanBox" to drive users to any web site or page.

You will have the option of Advertising something you Provide; something someone else Provides; or something you recently inserted or bookmarked:

If you are advertising your own Product, Service or Premium Blog Package:

   When people click on your Ad and buy your items, you now earn 100% of the price of the item:

      That's 70% because you are the Provider of the item

      Plus 24% because you funded your Ad

      Plus 6% because you created your Ad

      70% + 24% + 6% = 100%

   If you don't want to fund your Ad, you earn 70% + 6% = 76%

If you are advertising someone's else's Product, Service or Premium Blog package:

   When people click your Ad and buy someone else's items, you earn 30% of the price of the item:

      24% because you funded your Ad

      Plus 6% because you created your Ad

      24% + 6% = 30%

      (The Provider of the item gets 70%)

   If you don't want to fund the Ad (for someone else's items), you earn 6%

So the next time you see something cool for sale - be sure to bookmark it:

.... so it will appear in your Provider pop-up (for easy insertion):

Read more...

Faster Maturation for Providers

Faster Maturation for Providers

Many people are starting to sell more & more Products and Services.

And for many of these items, the Provider has hard costs.

For example, recently I purchased some of April's cookies. She not only had to pay for her baking supplies but also shipping materials and postage.

And so until her money matures, she will be out of pocket for those expenses.

We have a solution:

Starting tomorrow, April 1st 2012:

In any month, if a Provider does 10 transactions -- totalling $100 or more (in retail sales) -- their Provider earnings will mature in 60 days.

However, if a Provider completes 50 transactions in a calendar month totalling $500 or more, their Provider earnings will mature in 30 days.

And if they complete 100 transactions totalling $1,000 or more, their Provider earnings will mature in 0 days.

Examples:

Karl is selling an item for $20 and sells 80 of them in the month of May. (That's 80 transactions totally $1,600).

He qualifies for 30 day maturity, so his Provider earnings will mature in 30 days after the month of May (June 30).

Now let's say that Karl is also selling an item for $1 and sells 25 of them in May.

Well, that means in May he had a total of 105 transactions (80 + 25 = 105) totalling $1,625 ($1,600 + $25), so he's now eligible for 0-day maturity -- which means his Provider earnings will mature at the end of that very same month (May).

So just add up your total transactions (how many you had; and the sum of their retail prices), and use the following grid:

Transactions Total Maturity

10 $100 60 days

50 $500 30 days

100 $1,000 0 days

Now, Premium Blog Package sales do not count towards your total transactions or total retail sales, as they do not typically have hard costs.

Only the Provider's share -- earnings that the Provider generated from the sale of Products and Services -- count.

Oh, one more more thing: Recurring transactions do count!

In other words, when you are selling something that has a monthly charge to it (instead of only a one-time charge), and people are automatically paying you each month for your Product or Service, those transactions count towards your faster maturity.

Example: Let's say that April is selling cookies for $10/month. In other words, each month, she will send you a package of cookies -- based on the flavor of the month - and each month $10 will be deducted from your FanBox Bank.

Those are called recurring transactions. And they count towards April's number of transactions and total retail sales.

You will find that the best way to create a stable, long-term revenue stream for yourself is by selling Products, Services and Premium Blog Packages that have a recurring revenue element to them.

Why? Because after a person buys, they don't need to remember to buy again every month - or take any action whatsoever - to continue to be your customer.  Their FanBox Bank will automatically pay you each month - providing a dependable stream of earnings for you; and hassle-free uninterrupted access to your Product, Service or Premium Blog Package for them.

So, what are some valuable recurring revenue items you can sell?

-------------------

OK, so what's one of the fastest ways to increase your number of transactions?

Without a doubt, it's FanBox Ads, because:

1) FanBox Ads are very effective because it's the fastest way to reach lots of FanBox members...

... and that matters because FanBox members can buy your Products or Services with only one click.

Does this make sense?

The fact that everyone's FanBox Bank is completely integrated into the Product and Services suite means that purchases can happen very easily -- and without the user needing to go through more steps -- each of which would have represented opportunities for him or her to get distracted or drop out of the buying process.

And remember, all FanBox members can spend their earnings on your Products and Services without delay or needing for their funds to mature, so everyone is only one click away from purchasing your Products and Services.

2) You don't even need to pay for FanBox Ads if you don't want to - so you have nothing to lose.

(But if you do pay for your Ads, you'll earn 100% of the retail price of your Products or Services - so I highly recommend that you pay for your Ads if you can).

Remember, when someone clicks from an Ad and buys something:

The Provider (of the Product or Service) gets 70% of the retail price.

The Promoter (that created the Ad) gets 6%.

And the funder of the Ad (whomever paid for the Ad) gets 24%.

You can play one, two or three of those roles (and earn 70%, 76% or 100% -- depending on whether you Provide, Promote and/or Fund).

Don't have anything to sell?

Or even if you are selling lots of things -- why not hurry to build a ton of Ads for all Products and Services (that you think are worthy) that are being Provided by OTHER PEOPLE?

Remember, you can earn 6% or 30% of the price of other people's Products and services! (Depending on whether you fund the Ad or not).

So if I were you, I would be rushing to create awesome Ads for as many (good quality) Products and Services as you can -- because there is lots to gain!

And I would definitely fund all Ads myself!

Here's why:

The cost of Ads for Products and Services are really low right now - because the new Ad system just recently went live.

This means that the prices for Ads are at their lowest point now. Which means that right now you have the biggest opportunity to make a profit, because you'll receive 30% of the retail price FOR EACH SALE no matter how little you spent for your Ads.

Does this make sense? People that fund their own Ads right now will likely be making the largest profit because of the low cost for Ads, because there is less competition at the beginning of a new product launch.

And if you don't want to fund your Ads -- no problem! Just create awesome Ads and you'll still make 6% of each sale that results when someone clicks on your Ad.

Read more...

Can bloggers really earn 12%?

Can bloggers really earn 12%?

Is it true that bloggers earn 12% of the retail price of any Product, Service or Premium Blog -- when someone clicks from their blog?

The answer is yes! I'll show you how it works below.

But first, have you noticed the new look of the blog editor?

Two things have changed:

1) The look of the editor has changed, to be more closely WYSIWYG (pronounced Wizzy Wig).

WYSIWYG stands for "What You See Is What You Get" -- and the new look is designed to help your published blog look just like it did in the editor. (Same width)

2) Check out the new Provider button:

When you click the Provider button, you'll see the Provider insertion pop-up:

From there, you can insert any Product, Service or Premium Blog that you created; that someone else created; or even something that you recently inserted (into another blog post or Ad) -- or bookmarked.

Just click "Insert" after choosing something, and the editor will automatically insert a link into your post.

That link has two characteristics:

1) When your readers click the link, they will immediately see a "Buy Now" pop-up (for the item you inserted):

When the reader clicks "Buy Now" -- you make 12% of the price of the Product, Service or Premium Blog Package.

You earned that for doing such a great job at using your writing skills and creativity to create interest in the reader -- such that he or she would want to learn more and/or buy the item.

2) The text of the link is the name that the Provider chose for his or her Product, Service or Premium Blog Package.

If you prefer, you could make the text of the link say something else -- whatever you want -- such as "Buy it now, big spender", "Check it out", or "Take it from me, you really want this".

Here's how:

In the editor, select some text, such as "Buy it now, big spender". Then, press the Provider button:

Choose the Product, Service or Premium Blog, and press "Insert" -- and the text you selected will automatically be turned into a link.

When your readers click the link, they can purchase the item using their FanBox Bank with only one click.

Oh, so how do you bookmark interesting items -- so that later you can remember to blog about them?

Everytime you see something cool, simply click the "Bookmark this" link:

After you do, you'll always have easy access to that item from your blog editor, as well as from the Ads creation page.

From both those areas, the bookmarked item will appear in the Provider pop-up under the green "Recently Inserted or Bookmarked" button.

Read more...

New Product Announcement: AlertPay

New Product Announcement: AlertPay

You've been asking for it, and it's here!

FanBox is happy to announce that AlertPay is now available as a payment (top-up) option for all users.

Instructions for topping up your FanBox Bank via AlertPay:

1. Login to your AlertPay account and click, "Send Money" at the top left of the screen:

2.  In the "To" field enter finance@corp.fanbox.com as the email address that you're sending money to.

In the "Purchase Type" dropdown, select Service.

3. VERY IMPORTANT: You must make sure that your email address that you use to sign in to FanBox is included in the "Details" field.

Without your email address -- the same email you use for signing in to FanBox, the finance team cannot identify your FanBox account, and so there will be significant delays in adding your top-up to your FanBox Bank.

Then, click the "Next" button.

4. On the next page, enter your 4-digit AlertPay PIN number, click the "Send" button and you're all set!

THAT'S IT!

Your top up will appear in your FanBox Bank within 48 hours of being successfully received by FanBox!

Cheers,-JC

By the way, although Top-Ups ARE allowed, AlertPay does NOT appear to currently allow Cash Outs to outside the United States.

From the Alert Pay web site:

Hopefully AlertPay will change that policy soon, for the benefit of all FanBoxers.

Read more...

Earn by BIDDING on products & services

Earn by BIDDING on products & services

FanBox Auctions are live!

(Go here to read the announcement & learn to sell Products & Services with Auctions).

This is a very exciting product especially because it will help FanBoxers earn.

In this post, I’ll show you how to earn by bidding – thanks to a new FanBox invention – something that’s never been done before:

  

Introduction:

When you place a bid on something, all your friends and fans will see your bid in their feed – like this:

Money-Making Idea # 1:

As you can see, by placing a bid, you automatically spread the item to your friends and fans.

They can then instantly place a bid on that item directly from their feed.

From their feed, if a friend or fan places a bid and wins the auction, you get credit for that:

You earn 6% of the final price!

As you can see, bidding is a fantastic way to earn – because when you bid, you’re also acting as a promoter for the item -- so you earn as a result.

But wait – it gets even better: 

When you bid on something, the seller’s friends and fans also see YOUR bid in their feed – so YOU get credit if any of them bid.

Yes, that means that you’re getting credit for both YOUR friends and fans -- and THE SELLER’S friends and fans!

OK, hold on… there’s more: Are you ready for this? 

Make sure you’re sitting down for this:

If ANY of your friends or fans – or ANY of the seller’s friends or fans – comments on your bid -- or Likes it -- or even reposts it – your bid will then spread to that person’s friends and fans too (the friends and fans of the person that commented, Liked or reposted your bid).

And if any of those new people comment, Like or repost it – it spreads even further – and so on and so forth…  

… like a virus that’s gone crazy-viral…

… all the while increasing the number of people that notice YOUR bid from hundreds of people… to thousands of people… and beyond. 

Remember: ALL those people can place a bid (on the thing that you had bid on) directly from their feed, and:

 When ANY of them bid, YOU get credit: 6% of the final price

As you can see, it’s almost foolish to NOT bid on something cool you notice!

Many people will earn lots – by bidding on products and services that spread virally through the community!

OK, so what if you end up winning an auction, but you really didn’t want to own the auctioned item?

Don’t worry! Just check out Money-Making Idea #2, below.

Money-Making Idea 2:

Now, let’s say that you bid on something, and you end up winning the auction.

And let’s say that you don’t really need or want this item. 

Check this out: 

As soon as you win the item, you can instantly turn around and auction it on FanBox! 

You don’t even need to wait for the item to be shipped to you.

Just tell the person that sold it to you, to hold on the shipping… 

Then, when your own auction has a winner, send your buyer’s shipping address to the person that sold it to you.

In this manner, the product is shipped directly from the person that sold it to you, to the person that bought it from you. 

You didn’t even need to deal with shipping or handling the item.

And since you’re not shipping the item, in your auction you can offer free shipping -- which your buyers will love!

So, start earning by bidding!

Read more...