Unique Ways to Make Money On-line
23 May 2007Over the last two days I was pointed to two interesting on-line moneymakers. They were interesting in how they make money. One sells something that is ubiquitous and in most caes considered a nuisance, while the other harnesses the power of a distributed crowd to provide a service at a very low cost.
The first example is http://www.prairietumbleweedfarm.com/ where Linda Katz of Garden City, Kansas sells, you guessed it, tumbleweeds on the internet. The original post I ran across is over at Unusual Business Ideas That Work. This excerpt from the linked article pretty much explains the origin of the business.
“It all started as a joke,”says Katz, 49. She asked her son to build her a family Web page so she could communicate with friends and give it the tongue-in-cheek name Prairie Tumbleweed Farm. Never mind that she didn’t even live on a farm, but in a subdivision. Nevermind that you can’t cultivate tumbleweed, which spreads its seed as it tumbles in the wind. For authenticity’s sake, Katz added a price list ($35 for a big weed, $25 for a midsize one, $20 for the small economy model)
So tongue-in-cheek or not, Katz created a business when she wasn’t looking for one. It turns out that her buyers range from people looking to decorate their houses, to movie studios, to academic researchers, to people in love with Westerns, and even for tumbleweed Christmas trees (picture at right by erissiva). Seth Godin has a comment on this site on how this site emerged totally from organic search engine traffic.
The second site is www.pickydomains.com where they have an original take on making money off the domain name trade. Most people make money (some say a lot) by speculating on domain names. Some companies can hire consultants for thousands of dollars to come up with a catchy and traffic-driving domain name. Pickydomains takes the “power of the crowds” approach. As a person/entity wanting to use their service, you pay $50 and a list of requirements for your domainname. For example you would provide the basic site type, hyphens/no-hyphens, .com or other, mandatory keywords, etc. Pickydomains would post this to their list of users, a large list. The users would submit possible solutions. If the users’s submission is chosen, pickydomains shares half the $50 fee. PickyDomains also can buy any ones the customers don’t want, but they think are worth something. If they don’t provide something you are interested in, they refund your fee. This is a great example of having a crowd solve a problem that it is difficult to solve as an individual or a small group. Interesting business idea. If you do to the site you can see some exmples of successful wins. The one comment I have is that this service is too inexpensive. Just like the previous post Here, people expectation are linked to evironment and pre-text.
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