Shoemoney System Review & Overview

Thursday 28th January, 2010

In this video Jeremy explains all the different ways to make money online. It’s basically just an overview for both the System students and Jamie (who we learn is an aspiring pop singer) and it’s essentially the same “teaser video” that Jeremy had posted online a week or two before the launch of the Shoemoney System. I’d already seen it but I thought it would be a good idea to take another look.

As this video has already been posted online to the general public I will write a bit more in depth.

Method 1: Donations — The first way to make money online that Jeremy talks about is through donations (and if I do decide to change my mind about making money with this site then this is the ONLY method I will use). He explains to Jamie that one way of donating is through an Amazon Wish List, where the site owner can pick out products that he, or she, is interested in and then compile an Amazon Wish List together, along with a link to that list. Your website visitors can click on the link and get taken to Amazon.com. If they like what they see or read on your site then they have the opportunity to purchase one, or more, items from your wish list and those items will automatically be sent to your address. Jeremy also added that it wasn’t just Amazon that had wish lists, as a lot of online businesses have them (Jamie mentioned that Victoria’s Secret has wish lists as well). He also said to not be afread to have larger ticket items on your list as, for all you know, a CEO of a multi-billion dollar company might end up on your site and want to buy you something.

Jeremy added that you could also set up some sort of “tip jar” like a PayPal button, in which people could just pay you a couple of dollars or more via PayPal. Simple yet effective.

Method 2: Subscriptions — Jeremy explained how he set up a special member’s area on his forums in 2005 in which people would pay $19.95 for 6 months and have exclusive access to that area. Within a year or two he had 70,000 paid up members!

Jeremy also suggested other premium content, such as releasing a video every week or, as Jamie mentioned, a newsletter email to paying customers. It’s certainly something that I’ve thought about over the years but I’ve yet to figure out exactly what to offer to people so I’ve always put it on the back burner. Now is the chance to finally get cracking on it.

I’m going to have to leave it there for today as I need to go and do a few things. If I get back to the computer in time then I’ll finish this post, otherwise I’ll have to do Part Two tomorrow. In the meantime though I’ll post this now in case there’s a slight chance that anyone is reading it.