Tuesday 19 July 2011

Creativity and Making Money Online


Often times the ability to see things from different perspectives and to come up with creative and innovative ideas is the real virtue, and if there is one place where creativity can fruit you real money this place is the Internet.
Most of you are probably aware of Alex Tew, the English guy behind the Million Dollar Homepage. He basically wanted to cover the costs of his studies, so he created a website with one million pixels, and started selling advertising space, one pixel for one dollar. After a couple of months he had raised a total of $1,037,100 dollars. Not too shabby, right?
Recently I came across a similar creative (to say the least) idea. Andrew Fischer, a 22-year old web designer, create a site called “King of the Bill”. The site contains a list of links and one banner at the top. At any given time the banner spot is occupied by the highest bid, and as soon as someone else places a higher bid the advertiser that was on the banner is lowered to the first position among the links. Currently you would need to spend $104 to take the banner position, and Andrew has raised close to $5,000 so far.
It might not sound like big money, but do not underestimate the imagination of that guy. Early in 2005, in fact, he managed to raise almost $40,000 by selling advertising space on his forehead. That is right, he placed an auction on eBay and a company called SnoreStop agreed to pay him that amount of money to stamp the company logo on his forehead for one month.

Enyinnaya Nnamdi
Sloane Business Management Consultants
CEO
info_sloanebizconsultants@yahoo.com
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