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Firstly id just like to say hello to everyone and appoligise if my questions sound a bit idiotic, im a complete newbie in this market!
Im currently a 20 year old university student, after loosing vast amounts of money on online casinos i came across the idea of casino affiliation, and so far it doesn’t seem like you can lose anything, apart from time? Which as a student i have lots of dispose of :tongue:
Well anyway here comes the questions, at the moment all i have is a catchy domain name that i registered with godaddy and i have come across companies such as readymadecasinos.com and casinobusinessnow.com they both seem like good money makers aslong as enough traffic is generated. So has anyone used these compnaies befor? Or am i better off creating a website with multiple banners and links then actually having my own casino on my website?
Marketing – From what i understand, the way you people make cash, is by generating enough people to join your website and then become paying players. Is this correct?
If so my main marketing stratergy would be through flyers handed around university and as my uncle has his own private bookmakers, possibly leave a few flyers in there. This should generate a fair few players i believe. What do you guys think?Well thats my bussiness plan, and my “great” idea. What do you pros of the industry think to this, and how likely am i to suceed?
Thanks in advance for any advice:hattip:
Running your own casino brand is next to impossible if you don’t have a staff and loads of start-up capital. You will also need to understand the laws in your legal jurisdiction if you are a casino owner.
The smarter way to go is as an affiliate since you won’t be tied down to a single program (as I assume the sites you referenced are) and you don’t have to deal with players directly. Word of warning though, you may have time to burn, but you will need to treat this as a nearly full time business to make any real progress and even then you could be looking at years to see anything of real value for your time invested.
@webber286 216184 wrote:
Running your own casino brand is next to impossible if you don’t have a staff and loads of start-up capital. You will also need to understand the laws in your legal jurisdiction if you are a casino owner.
The smarter way to go is as an affiliate since you won’t be tied down to a single program (as I assume the sites you referenced are) and you don’t have to deal with players directly. Word of warning though, you may have time to burn, but you will need to treat this as a nearly full time business to make any real progress and even then you could be looking at years to see anything of real value for your time invested.
I agree with the above, online casino promotion is a full time effort. Although I am doing my casino promotions on a part time basis, I wish I had more hours in a day so I could dedicate all my time to this, one thing I can say that after 2 years I am slowly seing the benefits, but this is like any other business, and in fact harder than some, so you really do need a solid commitment if you plan on making this business successful.
Rod
I totally agree with what the people above are saying! just think of the fact that you need a design team, customer support, marketing, Vip, translation team etc etc etc.. hehe if you think that you can handle that – go for it
I would suggest you to start up as a normal affilite, exchange links, find some good affiiate networks and casinos, put up banners, text links etc.
It wil take time and if you want to be successful you’ll have 2 be patient. Start it as a hobby and see how it goes. Have a look at oter websites and “steal” some ideas and put up goals for your self!
/Elin@WagerShare
skype: elin.wagershareMarketing – From what i understand, the way you people make cash, is by generating enough people to join your website and then become paying players. Is this correct?
If so my main marketing stratergy would be through flyers handed around university and as my uncle has his own private bookmakers, possibly leave a few flyers in there. This should generate a fair few players i believe. What do you guys think?You have to be careful with the tracking so no matter what method you’ll be using you have to make sure it’s tracking so the players that sign up thru your “link” will be connected 2 you and you’ll get paid for them.
You can work with offline methods and online, depends on what you prefer. Make sure that you discuss the different methods with a affiliate netword, they have a lot of knowledge and ideas!
When it comes to payment methods it all depends on the affiliate network, most common is probably Revenue Share. Which means that you’ll be earning money in the same way as the casinos does (you will get a certain %).
/Elin@WagerShare
skype: elin.wagershareDefinitely check with your uncle first before dropping flyers at his book. He probably won’t be all that keen on sending his players elsewhere to make bets.
