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WealthMountains Blog

Online resources for Multiple Streams of Income via Infopreneuring, Book Writing, Public Speaking, Internet Marketing, Stock and Personal Mastery.

Sunday, August 21, 2005

 

Review of Secret Money Generator (Part 2)

Secret Money Generator tool is great for creating your online store
This is a followup of my previous posting Review of Secret Money Generator (Part 1) and Secret Money Generator is selling out fast!.

I have been testing out this tool and I must say it does take some learning time. But you gets it, generation and update is easy. I usually update it once every month (for the past 2 months of my testing). I took around 15 minutes for each update. This includes downloading the latest datafeed from my supplier site, fine-tuning some of the descriptions, uploading to my site and re-generating the site.

The speed and ease was something that I can handle if I roll this out to numerous of my site. If I were to summarize my testing, it would be as follow:


  1. Pros:
    - Easy to use once setup is completed

    - Generated many pages at a click of button which can promote your affiliates program

    - search engine would not treat it as spam since this are useful information BUT you must remember to customize the template (this is critical and I cannot stress enough). This is so that your site will be different from other website that uses this tool, the same template and from the same supplier. In fact, the pages that are indexed in the search engine are still there after this 2 months and it is still increasing.

  2. Cons:
    - Setup was a really painful process for me. However, the support provided was instanteously and my problems was resolved very quickly through the online support system. I must say I am impressed.

    - Check your supplier's company stability. During the period of my testing, one of the suppliers (the magazines site) decided to close shop. However, this is not a problem as you could easily look for another source quckly and just update your site easily within 30 minutes. In fact, I did a last check and found that there was at least another 2 sites that offer magazines datafeed.

    - Search engine indexing. I find that this is slow. I got around this by using
    Google sitemap and I also created a sitemap so that the search engine and visitors to my site can be channelled to my online store easily and quickly.

  3. Conclusion:
    Overall, I am happy with this tool. But I would proposed that you only sell items which are of higher values. Your effort spent trying to sell $10+ items may not see huge profits. You would also need to focus on getting a really niche market in which the crowd is willing to pay online and does not have easy access to such products. Only with these two points, will you be very successful in this market, for that market any business on the internet.

    If you search from all the datafeeds, I am sure you will be able to identify niches that meet the above 2 criterias. Happy hunting! :)

Mark had sent an email today. I extracted here:

Mark Hendricks here.
Secret Money Generator is only available forteen (10)
more days, or until we sell out theremaining copies. Your customers, subscribers
and visitors to yoursite will want to know so they can take a look a decide for
themselves whether or not this is right for their business
model.

Invite them to see the video fast before I
took this off the market by end Aug 05. The video is available at
http://www.wealthmountains.com/go/smg.htm

So I strongly recommends you hurry and go over to Secret Money Generator to check out the video and see if this is what will help you before it is gone forever.

I will be using tool to complement my other sites soon and I can see the potential in this (if used correctly). Hence, yes I do recommend this tool.

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