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Riches

Riches. A Micro-Simulation Project. 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 th e most expensive thing Broadcasting Gather more clicks Advertising

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Riches

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  1. Riches A Micro-Simulation Project

  2. 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

  3. 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

  4. 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.

  5. Result • Borrowed 1500¢ to start • Bought space • Bought 2 ads from AdWords • Registered for Merchant Account • 1st Broadcast • Riches has Budget Cuts • 2nd 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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