Joel Comm makes 20k in 24 hours from 500words.com - WickedFire - Affiliate Marketing Forum

JDA · 07-01-2006, 04:30 PM

I guess this goes to show that stealing ideas can be profitable:

http://www.revenews.com/bradwaller/archives/002019.html

Quote:

Now that Joel has had his 15 minutes we can stop writing about his site and get on to other things. The first of which is that the true strategy Joel had with 500Words was not so much to make a fortune on the actual site, but now he is selling the script used to create the site. He says he made $20K in the first 24 hours and expects to make $50K by the time he is done from the 500Words site.
I'm guessing that he will do far better selling the script because #1 the price is a lot higher than selling words, and #2 he can sell as many copies are there are suc- er, buyers willing to pay for it. If you believe his numbers, he already sold the first 25 copies for about $500, and is selling the next 25 for about $600. That is an easy $20K for the first 40 copies sold. By my calculations he will break $100 grand right at copy #142. Pretty good if the sales can continue.
Of course these unique sites flash into existence, burn brightly as others imitate them and then fade away. And this only happens faster if something else can come in and grab the attention away. I have found that next amazing idea at BidTheGrid.com. Instead of buying space that lasts forever, you are only buying space until someone pays more for it. BidTheGrid has been up since March, and so far has 19 ads out of the possible 103 squares. Since you can get a space for free and only go away once someone outbids you, I calculate that they have made as much as $0 so far.
Seriously, while I think the idea of bidding for space on a smaller screen makes a whole lot more sense than the MillionDollarHomepage, these folks are daft if they think they can make much of anything without a real strategy. Joel had his list of followers to leverage who not only were the right customers, but they also trusted Joel and his ability to generate publicity and thus traffic to the site. Alex Tew spent money on a publicist to get him started. Here you have another site that has actually been around for months, but has nothing to show for it. Maybe Joel can get their script and show them how to make money with it too!

Nathan · 07-01-2006, 04:32 PM

It's called "influence" not stealing

JDA · 07-01-2006, 04:37 PM

I guess that's one way to look at it, I just find it sad that he started that site the day after 1000words.com started to take off.

Nathan · 07-01-2006, 04:49 PM

Consider how many scripts he will sell then consider how many of these types of sites there will suddenly be out there very very soon.

JDA · 07-01-2006, 04:52 PM

Yep, its about to be a million dollar home page pixel saturation type deal.

Pain · 07-01-2006, 06:16 PM

Stealing,everything on the internet is stealing. Ebuams world is only popular because they steal.

stealing FTW!

JDA · 07-01-2006, 06:25 PM

Yeah, I look down on Ebaums too. It's tough, I'd find it hard to pass up the money, but you've got to have some kind of morals too.

This was just really blatant anyway, so it offended me more than it would have normally.

Pain · 07-01-2006, 07:02 PM

All 500 website did was take a good idea and capilize on it...It's was a good business move.

JDA · 07-01-2006, 07:03 PM

Quote:

Originally Posted by Pain

It's was a good business move.

Yeah, I don't disagree with that.

Jon · 07-01-2006, 07:10 PM

Just $797!

DanNicol · 07-01-2006, 07:13 PM

Quote:

Originally Posted by Jon

Just $797!

and you get the pleasure of looking at his mug and a damn spammy sell page.

Pain · 07-01-2006, 07:19 PM

HAHA.. i never saw the sell page.
http://www.linksizzler.com/

i could create one of those word pages.

Jon · 07-01-2006, 07:24 PM

Thank you Joel Comm for showing us how to do this so that my programmers can make a replica script for me for $50 or less. Yay for you.

DanNicol · 07-01-2006, 07:34 PM

Quote:

Originally Posted by Jon

Thank you Joel Comm for showing us how to do this so that my programmers can make a replica script for me for $50 or less. Yay for you.

no doubt. just put the wickedfire logo instead of your mug in a monkey-suit on the spammy sales page

Jon · 07-01-2006, 07:49 PM

Quote:

Originally Posted by DanNicol

no doubt. just put the wickedfire logo instead of your mug in a monkey-suit on the spammy sales page

Who said anything about selling it? I think coming up with something that makes you lots of cash, and then selling the source of it is either..

A. A sign that it's not even that great, so you need to sell out quickly for some fast cash.

B. You're just an idiot and only after short term cash and profits.

If he did in fact make $20k in one day, which I'm not doubting he did either, why on earth would he sell the source for $1k? For a smart guy, he's fairly dumb. Yes, you can definitely make $100k from selling the script, bravo. But that's a one time deal. Instead you can own the market, make all the sites yourself for any niche you want, and truly make well over $1M every few months (or less) with it.

The price and reason for selling always catch my eye quicker than the actual product and how much it has made the owner.

DanNicol · 07-01-2006, 08:02 PM

i get what you are saying now. I read the post wrong. I assumed you meant selling the script of $50. I get where you are coming from now.

Dan

marc · 07-02-2006, 02:23 PM

Quote:

Originally Posted by Jon

The price and reason for selling always catch my eye quicker than the actual product and how much it has made the owner.

he is selling it for a crazy price too.. look how much you can buy a milliondollarhomepage script for - this one isn't even as difficult to write I would think, in fact from the look of it it could just be a static html page

07-01-2006, 04:37 PM	#3 (permalink)
JDA Senior Member Join Date: Jun 2006 Location: Atlanta Posts: 722 iTrader: (0)	I guess that's one way to look at it, I just find it sad that he started that site the day after 1000words.com started to take off. __________________

07-01-2006, 04:52 PM	#5 (permalink)
JDA Senior Member Join Date: Jun 2006 Location: Atlanta Posts: 722 iTrader: (0)	Yep, its about to be a million dollar home page pixel saturation type deal. __________________

07-01-2006, 06:16 PM	#6 (permalink)
Pain WF FTW Join Date: Jun 2006 Posts: 309 iTrader: (0)	Stealing,everything on the internet is stealing. Ebuams world is only popular because they steal. stealing FTW! __________________ Rob.

07-01-2006, 06:25 PM	#7 (permalink)
JDA Senior Member Join Date: Jun 2006 Location: Atlanta Posts: 722 iTrader: (0)	Yeah, I look down on Ebaums too. It's tough, I'd find it hard to pass up the money, but you've got to have some kind of morals too. This was just really blatant anyway, so it offended me more than it would have normally. __________________

07-01-2006, 07:02 PM	#8 (permalink)
Pain WF FTW Join Date: Jun 2006 Posts: 309 iTrader: (0)	All 500 website did was take a good idea and capilize on it...It's was a good business move. __________________ Rob.

07-01-2006, 04:32 PM	#2 (permalink)
Nathan Senior Member Join Date: Jun 2006 Posts: 543 iTrader: (0)	It's called "influence" not stealing

07-01-2006, 04:49 PM	#4 (permalink)
Nathan Senior Member Join Date: Jun 2006 Posts: 543 iTrader: (0)	Consider how many scripts he will sell then consider how many of these types of sites there will suddenly be out there very very soon.

07-01-2006, 07:10 PM	#10 (permalink)
Jon Join Date: Jun 2006 Location: New York City Posts: 7,750 iTrader: (0)	Just $797! __________________ There's someone in my head... but its not me. Skittles - Taste the rainbow... in jail. The Best in shamwow PPC The CB thread

07-01-2006, 07:19 PM	#12 (permalink)
Pain WF FTW Join Date: Jun 2006 Posts: 309 iTrader: (0)	HAHA.. i never saw the sell page. http://www.linksizzler.com/ i could create one of those word pages. __________________ Rob.

07-01-2006, 07:24 PM	#13 (permalink)
Jon Join Date: Jun 2006 Location: New York City Posts: 7,750 iTrader: (0)	Thank you Joel Comm for showing us how to do this so that my programmers can make a replica script for me for $50 or less. Yay for you. __________________ There's someone in my head... but its not me. Skittles - Taste the rainbow... in jail. The Best in shamwow PPC The CB thread

07-01-2006, 08:02 PM	#16 (permalink)
DanNicol Serenity Now Join Date: Jun 2006 Posts: 872 iTrader: (0)	i get what you are saying now. I read the post wrong. I assumed you meant selling the script of $50. I get where you are coming from now. Dan __________________ Join Millnic Media - Affilliate Marketing