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Navigating the New Arbitrage Economy
Sep 2, 2024
Notes on New Arbitrage Economy and Online Business Opportunities
Introduction to New Arbitrage Economy
Everything is changing: buying, working, living.
Entering a new era termed the "new arbitrage economy."
Young entrepreneurs are leveraging this economy to earn substantial incomes without prior experience.
The Opportunity
Aim: Create an online business with minimal startup capital.
Notable earnings examples:
Joseph: six-figure annual run rate in just a few months.
Michael: $37,000 in three months with 85% profit margin.
Vaclav: $10,000/month transitioning from delivery services.
Transparency: Past success does not guarantee similar results for everyone.
Business Model Overview
What to Expect
Four-step plug-and-play business model.
Duration of the presentation: approximately 33 minutes.
Bonus: Plug-and-play tutorial for the most challenging step (step four).
Speaker's background: 6 years of online business experience, multiple revenue streams.
Why This Business Model Works
Beginner Friendly
: Suited for those without extensive experience.
Exploding Industry
: High demand with limited supply.
Arbitrage Advantage
: Early entrants can capitalize on market gaps.
Common Business Models and Their Challenges
Most popular models leading to failure:
Dropshipping
:
High competition, requires significant marketing skills.
High startup capital risk.
Amazon FBA
:
Inventory management challenges.
Thin profit margins due to product costs.
Affiliate Marketing
:
Requires sales of 40-200 units to achieve high income.
High advertising costs eat into profits.
Info Products
:
Time-consuming to create and deliver.
Requires marketing investment.
Ideal Beginner-Friendly Business Model
Service-Based Business
: Offering ROI marketing services.
Monthly fees range from $1,500 to $10,000.
Minimal startup capital; often just a business email required.
High profit margins (up to 97%).
Market Demand
: Increasing need for businesses to transition online post-pandemic.
Contractor Arbitrage Explained
Connect businesses and consumers without owning products or services.
Examples include:
Expedia (travel services)
Uber (transportation)
Airbnb (accommodation)
ROI Marketing Services
: Selling services like Facebook ads, SEO, etc.
Leverage contractors to fulfill services for clients.
Low risk: pay contractors only after receiving client payment.
Steps to Start Your Own ROI Marketing Agency
Setup
:
Choose a name and domain for your agency.
Professional email setup is crucial.
Pick a Niche and Service
:
Focus on businesses making at least $10,000/month.
Examples of lucrative niches include real estate, law firms, and e-commerce.
Arbitrate
:
Hire experienced contractors at lower costs.
Profit margins should remain above 60%.
Reach Out
:
Most of your time should be spent on outreach to potential clients.
Methods include cold calling, emails, and video audits.
Final Thoughts
Importance of choosing the right niche and service for sustainability.
Expect a significant gap between demand for services and available providers.
Join Agency Navigator
: A program designed to guide you through setting up and running your agency successfully.
📄
Full transcript