A Micro-Simulation Project Riches

The Plan Borrow 1500 ¢ Buy a top rate space Put ¼ of ¢ forward for credit card license Get both AdWords and AdSense Apply for Credit Card Merchant Account – Expect this to be the most expensive thing Broadcasting – Gather more clicks Advertising – Host some of Google’s links Start up Affiliate Program

Execution Assigned Riches – Bought 1000¢ webspace Includes Domain Name, tech support, Analytics, reliable server Applied for both AdSense and AdWords Affiliates Program established – Over the course of the project, got 5 affiliate members Broadcast(s) Successful – First broadcast more successful than second. Riches runs into financial problems, makes budget cuts – Lost 200¢ Received 6 sales

Affiliate Program Details Per Week Payment Trigger - 25¢ – You have to make 25¢ for us before we split the profits with you Profits – 50% – After making the 25¢ minimum, you get 50% of the profits back. Requirements: Display each member on your Affiliates Page.

Result Borrowed 1500¢ to start Bought space Bought 2 ads from AdWords Registered for Merchant Account 1 st Broadcast Riches has Budget Cuts 2 nd Broadcast AdSense Sales – Merchant Account Tax Merchant Account Fees Total  ¢redit  ¢  -100 ¢  -200 ¢  -100 ¢  -200 ¢  -20 ¢  +460 ¢  +250  -13  ¢redit