04 developing a high income generation e commerce web site


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04 developing a high income generation e commerce web site

  1. 1. Developing A High Income GenerationE-Commerce Web Site By Mark D. Yates © 2013 drmarkdyates@aol.com 1
  2. 2. About This Presentation This presentation follows a PROVEN business model specifically designed to generate extremely high levels of e-commerce revenue generation. 4 years after launching the website this is modelled on the business website is right on track for generating over £15M or $22M million per year. 2 © 2013 drmarkdyates@aol.com
  3. 3. About Your Presenter Dr. Mark D. Yates Mark D. Yates has provided consultation services & business support in 44 countries to governments, diplomatic agencies, ministers & private corporations. Published Author. Five TV documentaries have been filmed & broadcast about his consultancy & training services. Business ‘Trouble Shooter’ & business growth specialist. Business Mentor Liverpool University. Business Consultant. LinkedIn global # 1 Business Development Director & # 1 CEO. 3 © 2013 drmarkdyates@aol.com
  4. 4. Live business case study 2007-2008 Synopsis • June 2007 I was approached by two British business associates. They had a conceptual idea for a secondary income generation stream from their businesses. • They had no idea how to develop the concept which was to create an e-commerce web site selling products nationally via the internet. • This was embryonic & not even a well thought out idea. Other than typing & sending e-mails, neither of these two gentlemen were skilled in any IT or internet sales. 4 © 2013 drmarkdyates@aol.com
  5. 5. I was tasked with the following:1. Conducting a feasibility study.2. Providing the project management skills.3. Organising due diligence.4. Attending IT & E-commerce training seminars.5. Researching & identifying suitable expert partners who could provide the technical expertise.6. Providing proof of concept.7. Identifying financial grant aid to kick start the new business.8. Project management. 5 © 2013 drmarkdyates@aol.com
  6. 6. Fail to plan – Plan to fail• As the idea was conceptual, and neither of the two business partners had any academic business skills; there was no formal business plan in place.• I did however design a project management and business action plan for them.• Initial research produced business intelligence from two competitors which identified the concept had scope if produced and managed professionally.• The partners’ wildest dream was that the E-commerce site would eventually generate a £1M annual turnover. 6 © 2013 drmarkdyates@aol.com
  7. 7. My Due Diligence Included• 4 months of in-depth research, training & due diligence – 70 web companies.• I shortlisted & interviewed 12 UK web design companies.• I interviewed several SEO experts inc’ Latitude, the largest search engine optimisation company in the country.• I identified that 99% of web design companies who say they provide E- commerce web sites ,are not skilled enough to create web sites specifically designed to generate exponential financial growth within short time frames.• I recognised most of the web companies I interviewed would seriously struggle to service high income generation e-commerce sites once they were up and running. 7 © 2013 drmarkdyates@aol.com
  8. 8. Team Work The Project was allocated a 20 week development lifespan. I identified that the project needed expert proven partners in…1. E-commerce web design2. Search engine optimisation3. Key & ad’ word researchers4. Script writers5. Graphic designers6. Temp’ data input staff7. Sales staff © 2013 drmarkdyates@aol.com 8
  9. 9. Summary of Events Part 1: I was first presented with ‘The Idea’ in June 2007. I identified the project would cost approx’ £65k to 70k to take it to pre-launch status. This included salaries & expenses for two full time staff & one to two data input clerks & for furnishing a three person office. This was a stage payment structured system. The SEO Company provided me with statistical cash generation forecasts for different levels of monthly spend. Partners invested £35k each, i.e. £70k to take it up to pre-launch status. I organised a business grant for 40% of the initial start up costs. The actual initial partner’s cost to pre-launch was £48.000. A further monthly management consultation fee & Search Engine Optimisation fee of between £2.500 to £10.000 was identified to generate exponential sales. 9 © 2013 drmarkdyates@aol.com
  10. 10. Summary of Events Part 2: Although the web site was incomplete, it was given a green light to start revenue generation in late September - October 2007.• We commenced with a monthly Pay per click spend of £2.500. This was quickly ramped up to £10.000 per month. Sales targets were smashed every month to date• Sept – October 2007 - £141.500 sales.• November 2007 - £185.300 sales.• December 2007 -£99.300 sales.• January 2008 - £215.800 sales. This was a monthly average of £183.400 in sales from a standing start. Sales increased as the company experienced natural organic growth through PPC & Google search engine placement ,and as the site was completed. 10 © 2013 drmarkdyates@aol.com
  11. 11. Summary of Events Part 2: Initially 3 new full time office staff serviced the business with some outsourced management consultancy. January 3rd 2008, I recruited a former investment fund manager to deal with the sheer volume of financial documentation generated by sales orders. After 3 weeks of analysing financial data, he advised me this new business was an amazing cash rich business. 11 © 2013 drmarkdyates@aol.com
  12. 12. Benefits Of This Fantastic Business Model Immediate cash generation from launch date. Every customer pays up front. Fantastic profit margins. Cash rich from advance payments. Substantial volume purchase discounts. 60 days supplier payment terms. Your cash tied in a high interest account for 60 days. Income generation while the directors sleep. Thousands of new customers which we could never have otherwise sourced. Outstanding word of mouth referrals. Fantastic product discount rebates for selling high volumes of products. You hold no stock. You don’t deliver anything. It can be run from a small office, i.e. 3 to 4 staff. You don’t have to offer any product guarantees. Back end sales. 12 © 2013 drmarkdyates@aol.com
  13. 13. Most Valuable Lesson Learned: Despite the core business being established for 14 years this new E- commerce sales site quickly overtook the monthly turnover in just four months of trading. If you are looking for EXPONENTIAL SALES GROWTH in a short to medium time frame, then don’t procrastinate, and don’t hesitate because you have limited computer and/or e-commerce skills. Once the professional team is in situ, everything else runs like a conventional business.  This is a proven concept for generating extremely high revenue streams from the Internet. 13 © 2013 drmarkdyates@aol.com
  14. 14. A Precise Science There is a precise science behind developing and managing an extremely high income generation e-commerce web site. This business model can be duplicated for any other business with sales products or professional services to sell to a national audience. If your product/s and/or service/s are not country specific, then you can significantly increase your turnover by offering your products to a global cyber space audience. 14 © 2013 drmarkdyates@aol.com
  15. 15. Business Model & IP Rights Ownership I personally created, developed & project managed this business model from conceptual idea to launch. I own the Intellectual property rights to the business model roadmap which I developed. I also have the teams & individual personnel in place to hit the ground running for similar large revenue generation web & e-commerce projects. This means I can help YOU develop a large revenue generating web or e-commerce project based on a proven business model. 15 © 2013 drmarkdyates@aol.com
  16. 16. The Power Of Business Model Duplication Because we have fine tuned the business model, we can in many cases produce new designed high income generation e-commerce sites in 14 weeks from conception, to site launch & revenue generation. 16 © 2013 drmarkdyates@aol.com
  17. 17. Case Study Summary1. 20 week project.2. Cost less than £70k - $100k.3. Received a 40% consultancy finance grant.4. Generated significant revenue from day 1.5. This business model can be applied to any sales products or professional services e-commerce site.6. Tangible benefits for business consultants to introduce this service to their clients, i.e. commissions & potential on-going fees. 17 © 2013 drmarkdyates@aol.com
  18. 18. The Business Opportunity I’m happy to offer the same service to you and/or your clients on a partnership consultancy business. I will structure this business model on a win-win-win basis, i.e. Low end start up costs to you and/or your client, with a performance related equity stake for my associates in the web site turnover. Of course THERE ARE SHARED FEES AVAILABLE and if the project is for your client/prospect, then there is a possibility of you remaining in the business on a long term advisory basis. Contact me if you’d like to pay for a consultation about this business model. If you feel this presentation would benefit business members of your social media networking group like Linkedin etc, then contact me today. 18 © 2013 drmarkdyates@aol.com
  19. 19. © 2013 drmarkdyates@aol.com 19
  20. 20. Contact Us Today Contact our UK office today Link Business Marketing Ltd T: UK 0843 155 0008 T: UK (0) 151 721 9078 E: drmarkdyates@aol.com W: www.elinked.eu Copyright 2008. Dr. Mark D. Yates 20
  21. 21. Key Words & Key Phrases Used In This Presentation To enable clients & customers to find me easily & quickly, I have search engine optimised the following key words & key phrases relevant to me, my Linkedin profile and the professional services I provide . Linkedin Trainer Independent & Social Media & Business Networking Relevant: linkedin expert, linkedin trainer, linkedin mentor, linkedin experts, linkedin specialist, linkedin instructor, linkedin advisor, linkedin guru, linkedin training, linkedin coach, linkedin consultant, linkedin speaker, business networking, lion, top networker, power networker, business networking specialist, business networking expert, social media specialist, black belt networker, black belt power networker, power networking, social networks, affiliate marketing, network marketing, lead generation, databases, linkedin film production, linkedin writing, linkedin articles, linkedin profile scripts, linkedin videos, linkedin screenplays, linkedin expert business mentor, linkedin specialist business networking, linkedin trainer corporate events, linkedin instructor business support, linkedin coach web site development, linkedin consultant ecommerce, linkedin guru social media, search engine optimisation, Business Relevant: business, business development director, ceo, business growth specialist, management consultant, business advisor, business consultant, business mentors, business investment, iib, business angels, entrepreneurs, venture capital, Institute for Independent Business International IIB, Linkedin Training & Executive Coaching, management consultant & linkedin instructor, management advisor & linkedin coach, business threat management & linkedin consultant, business crisis management & linkedin trainer, business continuity & linkedin training, corporate consultant & linkedin expert, management consulting & linkedin specialist, linkedin expert article submission, business growth & linkedin instructor specialist articles, iib & linkedin consultant, executive management & linkedin advisor, change management & linkedin trainer, event management & linkedin training, risk management & linkedin coach, public speaking & linkedin expert, public relations & linkedin specialist, Security Relevant: security, security director, security expert, security consultant, close protection, british american security expert, dr mark d yates, mafia, security consulting, security business mentor, protective service director, executive protection director, close protection instructor, swat instructor, counter terrorism consultant, security directors, business intelligence, security experts, business consultants, security consultants, close protection, bodyguards, business advisors, close protection instructors, bodyguard instructors, counter terrorism, intelligence agencies, close protection advisor, anti mafia task force instructor, counter terrorist advisor, counter kidnap for ransom advisor, corporate travel security advisor, law enforcement trainer, firearms trainer, close quarter battle instructor, use of force instructor, linkedin advisor bodyguard updates, security management & linkedin consultant, physical security & linkedin advisor, security advisor & linkedin expert, security trainer & linkedin guru, corporate security & linkedin advisor, security audits & linkedin trainer, close protection & linkedin guru articles, © Elinked W: www.elinked.eu 21