Online Advice Platform Revenues
So what are the revenues?
Putting it simply, FIOFRO Limited provide you a fully branded business in a box ready to start trading, the amount of revenues you generate is entirely in your hands. You market your new platform to your followers, supporters, fans and people who are interested in your subject and people subscribe to access the information your provide. It really is that simple
There are a number of factors that affect the revenues that you generate, such as; the size of the target market, the need for advice or knowledge in this area, your ability to market your new platform across social media, the internet and traditional methods and your message.
In order to help explain the revenues potential, we have taken 3 examples of 3 market sectors and run calculations based upon these market sectors.
Benefits market in the USA
There are 180 million people on benefits in the USA, so if you set up an online benefits advice centre delivering advice on claiming benefits, getting off benefits and benefits related topics, your target market size in the USA is instantly 180 million people.
Now, taking that market size into account, think about charging a really low subscription fee to access your information and to get their questions answered, lets say £5.00 per month with a faster reply upgrade of £12.00 per month for example.
Your target market is worth just over £900-million per month at the entry level and over £2-billion per month at the higher level.
So if you only attracted 1% of people who want advice in this market to your advice centre, your monthly revenues could be between £9-million and £21-million per month.
If you only attract 0.1% which is the equivelant response to cold mail drops you could still potentially generate between £900,000 and £2.1-million per month.
Of course this is a huge starting market with 180 million potential clients, so you are starting from a huge market opportunity. Not all markets are this large.
Health and Beauty - CAM in Germany
If for example you are a specialist in alternative medicines or homeopathy or CAM, you could create an Online Advice Platform advising people about the best natural treatments for their specific condition, the advantage of our systems is that you can give your advice to specific issues and reactions, you can provide documents about the properties of each medication and why it works, including case studies, you can add vi8deos about the different treatments and origins of the medications, you could also offer live clinics using the online secure consultation rooms and then sell the products through your own shoppinbg cart.
In Germany alone around 60% of adults (48m) use some form of CAM. Now, taking that market size into account, think about charging a really low subscription fee to access your information and to get their questions answered, lets say €5.00 per month with a faster reply upgrade of €12.00 per month for example.
Your target market is worth just over €240-million per month at the entry level and over €570-million per month at the higher level.
So if you only attracted 1% of people who want advice in this market to your advice centre, your monthly revenues could be between €2.4-million and €5.7-million per month.
If you only attract 0.1% which is the equivelant response to cold mail drops you could still potentially generate between €240,000 and €576,000 per month.
This is just the German market alone but none the less you are starting from a huge market opportunity. Not all markets are this large.
Lets say you are in an MLM / Network Marketing organisation and you want your down line to learn more about growing their and your MLM business, you could create an Online Advice Platform to show your people how to increase sales, how to recruit and how to present, you could offer support and information videos, how to guides and step by step processes, marketing material, create and sell tickets to master class events or hold online master class events for upto 7 people at once using the secure, online consultation rooms.
One of the many advantages of having an Online Advice Platform in this case is that it is owned, operated and run by you and not the main network, so you are developing your team and not the network as a whole, you are also generating all of the revenues into your own business whilst helping others to build theirs.
Now lets say you have a downline of 1,000 people in total and you charge £15.00 per month for live master class access, you could generate an extra £15,000 per month just from subscriptions, let alone the revenue from increased business, ticket sales and other additions..
Your additional subscription income purely from your Online Advice Platform would be an extra £180,000 per annum.
It all sounds too good to be true. How do you make any revenues if you do not charge any set up fees, hosting fees or provision fees?
Well, we take all of the risk in the provision of your Online Advice Platform and for this we share in the reward, in a form of an agreed revenue share. It is like a partnership, we provide all of the systems and support at our expense and you market the service to your followers and we all share in the success. It's that simple.