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BANS Profit Update

June 3, 2008

BANS Profit Update - I just wanted to do a quick post regarding my success with Build A Niche Stores or BANS as it is commonly referred to. (What Is Bans?) I have just completed my second month and I am pretty surprised how much I have made for spending such little time on this. Bans are turning out to be easy ways to make money!

As of 5/31 I made $294.61 on 12 stores. I only added one more store since my last Bans Profit Update and it was a eBay UK Store. I thought since I was having some success with the 11 US stores, why not try one in the UK. The Build A Niche Stores Software comes with support for many different countries, so all I had to do was buy a .co.uk domain name from GoDaddy.comwhich ran around $10 for a year. Well so far, as you can see in the picture above that store has brought in $5.88 and I opened it on 5/20. So I am pretty happy with that.

My goal is really just to break even with each store just so I am not out any money doing this. Hosting for all 12 sites runs $10 per month at Hostgator.com.So assuming each store brings in .83 a month the hosting is covered and if that store brings in at least $18.96 I am break even with the cost of the domain name and hosting for that store for the year. Lets just say that with what I made this month, I have completely paid for all my stores domain names and hosting costs for the year and made $67 profit. So anything I make for the next 10 moths is pure profit. This is definetly easy ways to make money.

BANS has pretty much been a “set it and forget it” process for me. I spend about 20 minutes creating a site and then just let it sit there. It does take anywhere from 5-10 days for Google to add it to its search engine, but once it does that is when people start finding it and buying things.

I need to set aside some time to create more stores to see how much money I can really start making. Stay tuned as I will post more details in the coming months.


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Comments

2 Responses to “BANS Profit Update”

  1. Tony Tovar on June 3rd, 2008 10:28 am

    Hey there, I just wanted to again comment on the Bans thing. I’m highly interested and would like to get your help on how I might go about this. I have a few questions that I would like to ask you if that is possible. I hope that you will reply and/or send me an email. Thanks.

    Moolah Man,
    Tony Tovar

    Tony Tovars last blog post..Up-Buying toward a Luxury Car!

  2. Cheap Baseball Cards on June 4th, 2008 4:40 am

    Bans are easy ways to make money. I have been using it for a while now and am averaging over $500 per month. Keep it up, it just gets better!!

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