Quote:
Originally Posted by fris
i know a bunch of people locally that have been approached by them, what they do is buy full page spreads in the different large papers, which would cost the business about 4-5k for each paper ad, so its doing well for them.
and you get the $$ right away after the ad finishes running since all purchases are made via wagjags site.
they cut you a nice check.
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your brother did a wagjag promotion the last time i chatted with him back in the winter and he got great response.
when wagjag buys a full page newspaper ad how many 'offers' are on the page?
i get the Groupon emails every day - i sometimes go and take a look at the offer and what i really look at are the comments threads - wow, talk about a customer support nightmare, tons of people bitching about being ripped off or misled - sometimes legit complaints and sometimes dumb people who don't understand the offer.
such a simple idea - my real mailbox is stuffed every day with the same offers - somebody was smart enough to take it to the Internet with a little twist.
we sit here selling porn in our porn ghetto because we know we can still make a buck at it and it's safe - for now anyway - but mainstream Internet is still wide open for anybody to make millions and even billions with a simple idea, without investing millions. Porn no longer is open for anybody to make millions, there will be very rare exceptions. you don't even need to be first, wagjag wasn't first, just gotta get in early and of course you need to execute your idea well.
i'm not saying i had the idea/concept for YouTube but 10 years ago I bought some high priced domains and the idea in my head for them wasn't far off from what YouTube became. if i'd had some work ethic i'd have built out the site, made no money of course, but when YouTube exploded i'd have been in the game to capitalize on YouTube's success.