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Published byDerick Bruce Poole Modified over 9 years ago
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A Micro-Simulation Project Riches
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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
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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
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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.
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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 +1500 ¢redit -1000 ¢ -100 ¢ -200 ¢ -100 ¢ -200 ¢ -20 ¢ +460 ¢ +250 -13 -30 -547 ¢redit
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