Market-Network: A New Type of Business Model

Market-Network: A New Type of Business Model

Social network. Marketplace. SaaS. These buzzwords are no longer synonyms of massive business opportunities.

The gold rush has already happened.

But a new business model has emerged.

Market-networks are hybrid animals: part social network, part marketplace, part SaaS. [1]

It’s a social network. Professionals use profile pages to showcase their work and demonstrate their credibility. They also connect with each other and build relationships.

It’s a marketplace. Professionals come online together to find other parties with whom they can do business.

It’s a SaaS tool. Professionals use the tools on the top of the marketplace to negotiate, do the job, or manage the paperwork.

Social networks are designed to connect people. Marketplaces are built to sell simple products and services at scale. SaaS tools are here to make your job easier.

Market-networks focus on more complex services; the types of services that are not easily scalable and require more human collaboration. [1]

So get your pick-axe and prepare yourself for the next gold rush.

Think about the number of opportunities in M&A, scientific research, construction, management consulting, marketing, media production…

[1] Thanks to James Currier for sharing his thoughts on this emerging business model.

[2] Here are a couple of examples:

AngelList is a market-network.

It’s a social network for startups and investors. It’s a marketplace where business angels can find startups to invest in and startups can post job openings. It’s a SaaS tool that helps business angels create syndicates and startups get introduced to business angels.

Contently is a market-network.

It’s a social network for freelance writers. It’s a marketplace where companies can find writers to create content—articles, eBooks, and other kinds of marketing collateral. It’s a SaaS tool that helps content marketers organize their editorial calendar, manage the writers’ work, and track the performance with analytics.

Article originated here:
https://boostcompanies.com/market-network/

Meet Writer Guerric

Guerric de Ternay is an entrepreneur
and digital & marketing strategist. A large
chunk of his work focuses on behavioral
science, customer experience, and digital
strategy. His passion?
Helping people and businesses level up.

 

 

David

Markethive Vision Statement

Markethive Vision Statement

Markethive is Inbound Marketing combined with a dynamic vertical social network funded by advertising. Not only makes the entire Inbound Marketing system cost free, it also allows you to leverage huge results when you build groups to facilitate the platforms via the social network.

Markethive is next generation technology from a 20 year old Inbound Marketing platform called Veretekk. Built by the same entrepreneurs, innovation is our DNA.

We invented Inbound Marketing back in 1996.

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David

Editorr is the best way I know of to improve your writing

What would it cost for you to hire a writing coach?  This would have to be someone with an excellent command of the English language who could look over your shoulder and review your writing.  They would edit, make corrections to your blog posts,or whatever writing you submit to them. Every misspelled word, every comma out of place, every unclear or ambiguous sentence would be fixed, and your writing would be thoroughly professional in every way.

It would be quite expensive, don't you think?  I recently came across a web site called Editorr  I believe it will have a huge impact on my writing.  I submitted a blog post for review, and within an hour, the post was edited, corrected and sent back to me for review.  

I was able to improve the post, fix some small errors in punctuation I made.  (it is always the commas that get me every time), clarify a couple of my points in the post, and eliminate some wordiness.  What was my cost to have this professional review?  It only cost me $.03 per word.  This price is competitive with other services on the market, but to get such a rapid response, especially at such a high level of review, was simply amazing.

I think I have become addicted to this new service.  I really like it quite a bit, and I think it is a real time-saver and quality boost for my blogging efforts.

Click —–> HERE <—– to investigate this outstanding service. 

 

Article by John Lombaerde

Remember – To help with all your blogging and outreach efforts, log in here to Markethive

 

David

How often should I blog?

This is a big question for online entrepreneurs, and a dilemma for many bloggers.  It is not an easy question to answer, but I will try to give you information with some perspective to help you determine your ideal blog post frequency.

The answer to this question is dependent to a large degree on your particular niche. and what your competitors are doing in that particular space.  For example, if your blog is in the general news category, your biggest competitor happens to be one of the the biggest blogs in the world, The Huffington Post.  This blog's latest Alexa numbers, (a blog traffic tracking and ranking site), are 152 /35.

This means there are only 151 blogs in the world that receive more traffic than The Huffington Post, and only 34 blogs in the US that receive more traffic.  They have 255,422 sites linking to their website, (backlinks), and nearly 100 million monthly visitors.  They also produce a new piece of content or post every minute of the day on average.

Of course, this an extreme example of massive content creation, and top shelf blogging success.  It is obvious that you would have an uphill battle if you decided to compete against this kind of "super blog", and a significant investment to even come close to their online accomplishment.

Note:  All the major US news media struggle to compete with The Huffington Post in terms of their online success.

Now for comparison purposes, let's see what kind of competition you would face in the dog training niche.  The most popular blog in the dog training niche has Alexa rankings of 23,966 / 6,748.  (cesarsway.com)  Again, that means they rank 23,966 in the world for traffic, and 6,748 in the US.  This is quite a good result for this niche.  Obviously it would be much easier to compete with a blog in this niche than a blog on the level of The Huffington Post. Other blogs on the first page of Google for dog training are much less popular than this one.

Your niche may have blogs that offer much less competition than the dog training example above, (I hope so),…but you need to do this kind of basic research to determine the level of competition in your niche.  This is one of the first factors you should asses when you begin to post and promote your blog.

When you are first starting out, it makes sense to blog on a fairly frequent basis.  It tasks a number of posts to gain traction and gain interest.  At the risk of you not doing the simple research, I highly recommend you do the bit of research that I have recommended above. as it will help you to know what you're are getting into.  If you already have a blog, research will also help you to position yourself in your niche and give you an idea of what it will take for you to compete successfully.

There is quite a bit more to say about blogging, but I will reserve those suggestions for future follow-up posts.  I hope you will find these recommendations helpful, and try to implement them as soon as possible.

Remember – To help with all your blogging and outreach efforts, log in here to Markethive

Related articles

David

Make your Savings work For you

Interest ratesRecord low interest rates in the UK is causing a headache for savers. Keeping money in the bank with a paltry return is questionable, yes your money is secure but it will produce little growth.

You could of course take a risk and invest in stocks and shares, which despite the Britexit are still performing well but are you prepared to risk you hard earned savings.

I am something of an entrepreneur and in the last few months have been experimenting by using some of my savings and purchasing a diet product online and then reselling it at a profit on the likes of Ebay

Unlike most MLM products this one is priced at a level the market can bear and allows for a small profit after taking into account packing, posting and delivery cost. I purchase the product for $500 and for every $500 I spend I make $65 or 0.13% which compares favourably with the 0.01% I would receive from my bank.

Many people, myself included, are wary of joining an MLM which have a bad reputation due to high costs and the real possibility that the products are too expensive and are difficult to sell to even friends or family.

 

The company has a great compensation plan and in the first month I received $100 bonus.

The weight loss Coffee also produces results for its customers

My first exposure to this coffee was about three months ago.  Before I had never heard of such a product but apparently there have been other attempts from other companies that didn’t do so well.

A good indication that a weight loss product is not effective is when you are encouraged to eat and exercise differently.  Not that there is anything wrong with that advice but you will lose weight anyway doing that.

So when I found out this coffee had no extra suggestions for its use other than drink it everyday I must say I was intrigued.  So I tried it and I found it to be very effective at assisting you to lose weight.  I say assisting because this product doesn’t contain any unknown magical ingredients it’s just formulated very well.

The main ingredient that gets results in the coffee is garcinia Cambogia.  A supplement derived from a fruit called tamarind.  It effectively kills your appetite especially if you have it first thing before eating anything else.

So my results went like this.  I lost weight on average every week for four weeks at about 5 lbs per week.  I plateaued at 185 in about six weeks and began to think the ride was over.  But I think maybe because I do some exercise (I attend Krav Maga classes once a week) I may have been gaining muscle mass while I was slimming down.  I also noticed my waist shrunk down about three inches.

You will find in testimonials that different people will have different results.  I think the body has its set point where it just won’t lose weight anymore and me being 5’9 perhaps healthy for me is around 185 lbs.  The point is my waist is smaller and I don’t mind being in public with my shirt off now because I shed most of the fat that made me feel uncomfortable.

So I still use this coffee daily just to maintain my current weight and it is very effective.  I have seen testimonials of people losing up to 55 lbs!  My guess is they were pretty obese.  I was not terribly overweight I just needed something to keep me comfortable.
Chuck Reynolds

 

Marketing

Now many people know very little about marketing, however if you would like to join me at business level (Ruby) you will receive your own marketing site (called Markethive). It is the most powerful Inbound Marketing platform similar to HubSpot and Pardot. However, it also is a Social Network and geared towards entrepreneurs and marketers. The entire system is free and uses advertising to build revenue and pays out up to 50% on advertising purchases to you*. When you join Valentus with us at the Ruby level (Remember there is no risk) we give you the top of the line Affiliate position. It is called Alpha Entrepreneur and normally sells for $5000 and delivers over $10,000 in advertising credits. Another win win for everyone.

Other perks include receiving leads, receiving traffic from major press releases and receiving enrolments from massive marketing campaigns conducted by the group via Markethive.

David Ogden

Contributor

David

Emerging Markets merge into record shattering success for seasoned entrepreneur

video imageNew Markets merge into record shattering success for seasoned entrepreneur

“With the advent of a real Market Network (Markethive) and a real emerging Customer Centric network marketing giant (Valentus) even I was surprised with the ease of building a new empire in this industry”. Explained Thomas Prendergast, Entrepreneur, Internet Innovator and CEO and founder of Markethive.

“I have been an advocate for ending the business practices of buying and selling leads. And calling for an end to spam email, spam faxes, telemarketing, ending popup ads, bill board ads, you know, the practice called outbound marketing”. He continued to explain. “It was heavily relied upon in the days before the Internet a long time ago and has suffered a long painful death since the Internet was released to the public in 1991, I know, I was there and have continued to ride this journey called the Internet.” Mr Prendergast emphasized.

10 years before the Internet Thomas Prendergast ran an Ad agency in the Silicon Valley and was very aware of tech and the emerging Internet. “Which is why I was on the Internet almost the moment it was available to the public in 1991” Mr. Prendergast revealed.

Within years of immersing himself into the Internet, he became aware of Network Marketing. He found it fascinating that anyone with some skill and determination could reasonably build a living income. This idea supported his empathetic support of struggling prodigies, up and coming entrepreneurs and anyone who had greater dreams than the typical job afforded them.

“Although I was aware of buying mailing lists for my ad agency in the 80s I was not aware of the pushing of buying names and phone numbers for MLMers to call on people supposedly interested in a business opportunity”, Thomas Prendergast said.  As he become more aware of the MLM industry, he also found that most leaders who had working spheres of influence, would tell those they recruited into these pyramid schemes (the majority of these people did not have large spheres of influence) to buy these leads and cold call them.

Mr. Prendergast continued, “My instincts told me this was a bad idea and a serious mistake. But these “leaders” promoted this technique because they had no real option, ability or intentions on helping these people that just enrolled into one of their pyramid schemes “that really was just another “Hopes and Dreams” pitch, and that is another story”.

This became painfully clear when Thomas was witness to such a salesman, we will call him David, who had a talk show, had published many books, had a strong following, had joined a newly launched MLM deal, was conducting a teleconference call with all the people David had recently recruited into this new opportunity MLM. On that call, David told all the 1000s of listeners to go to his friend John and buy the leads they had allegedly pre interviewed at about $100 per 10 leads.

“This was mid-1990s. I bought 100 of them costing me $1000 and called them all (another article) and the results were 80% insults, 15% hang ups and the rest no answers. Not one was aware of any interview and the rejection level was as high as it gets. This was a process that would eliminate anyone new to the MLM process from continuing on in any business. Rejection is a process only boiler room telemarketers and well-seasoned sales people can withstand. It is death to the average Mom and Pop trying their hand at MLM”, Mr. Prendergast revealed.

Emerging Markets, Paradigm Shifts, Trends and all the other annoying clichés.

There are two firmly entrenched trends that have been born in the Internet, because of the technology, the reach of technology and the emersion of the masses into the technology, primarily due to the Social Networks, that Customer Centricity and Inbound Marketing emerged. Think of them as brother and sister.

Customer Centricity (Think Amazon):

Thomas Prendergast has been advocating Customer Centricity for the Network Marketing industry for over 10 years now. Mr. Prendergast explained, “Less than 1% of said industry understands it, the rest uninterested, and continue to promote the failed process of selling “Hopes and Dreams” of thinly veiled pyramid schemes with over priced products that rarely accomplish what they claim they do”.

However there have been a few that moved towards the “customer centric”, but not fully; with one in particular, abandoning the entire concept, only to find that decision is destroying the company as we speak, with commissions being cut consistently for the past 3 years, causing a drastic end to growth and a company in disarray. The other company built a customer option with infomercials, as a reward for their peak performers to acquire said such infomercial leads, which has dwindled due to current trends away from traditional Cable TV and Dish TV. Those 2 companies are Trivita and Beach Body.

Here is the summary of Thomas Prendergast’s Customer Centric proposal for this industry.

  1. First and foremost the company’s focus must be to “Serve the Needs of the Customer” not the distributors!
  2. Products that cost the distributors less than they sell them for on the open markets (like Ebay auctions, Amazon stores, Craig’s list)
  3. A virtual warehouse that supports the distributor allowing purchasing in bulk, at lower wholesale prices, keeping the inventory at the company, allowing for drop shipping.
  4. Offering co-op Advertising partnerships, to the distributors, allowing distributors to receive smaller shares of that traffic, that being customers and distributors from the results of mass marketing on the Internet. This has been done by a few other companies to great success. In other words, it works.
  5. Other mass marketing technology that now comes to full force are, 800 number platforms, self-replicated Amazon, Ebay, etc. accounts, shopping cart widgets for 3rd level distributors domains, and Social Marketing aps allowing purchase within Social Markets.

Summary:

With the accelerated market place awash in innovation and technology, technology that puts the human element right into the center of the equation, you can understand why you see the MLM industry sluggish and many companies dying on the vine and others falling flat on their faces with their much heralded launches. Entrepreneurs (distributors) that once upon a time, a flashy video, a charming pitch man, and a compelling comp plan, worked to explode the next greatest MLM launch. Not anymore!

Not today.

It is only a matter of time a young bold, innovative entrepreneur launches the first true customer centric MLM similar to the framework Mr. Prendergast has discussed here. And when they do, the world will quake, the swamps will empty and the first multi trillion MLM enterprise will rise to stand head to toe with the great innovations today like Facebook, Google, PayPal etc.

Inbound Marketing:

Inbound Marketing is the most effective marketing method for doing business online. Inbound marketing focuses on creating quality content that pulls people toward your company and product, where they naturally want to be. By aligning the content you publish with your customer’s interests, you naturally attract inbound traffic that you can then convert, close, and delight quickly.

This is exactly what Markethive is but more. Markethive is the first newly discovered Market Network

What Is A Market Network?

“Marketplaces” provide transactions among multiple buyers and multiple sellers — like eBay, Etsy, Uber and LendingClub.

“Networks” provide profiles that project a person’s identity, then, lets them communicate in a 360-degree pattern with other people in the network. Think Facebook, Twitter and LinkedIn.

What’s unique about market networks is that they:

  1. Combine the main elements of both networks and marketplaces
  2. Use SaaS workflow software to focus action around longer-term projects, not just a quick transaction
  3. Promote the service provider as a differentiated individual, helping to build long-term relationships

Mr. Prendergast enthusiastically continued, “The amazing timing of this entire process is the emerging of the first Market Network; “Markethive” and my friend “David Jordan’s” company Valentus the first real Customer Centric Company”.

Thomas Prendergast summarizes it by saying, “Valentus is experiencing record growth and record time and by all indications is about to enter into “Momentum”. I credit all of this to the fact that Valentus has the foundational product that the markets support the retail priced organically where distributors buy the product well below the market retail”.

Thomas continued saying, “I know this all seems so complex, but in reality it is quite simple. Valentus’ explosive growth is because it is a real business based on Economics 101. Buy low sell High!”

Mr. Prendergast adds credit to the story saying, “With the fusion of these two huge trends found in Markethive and Valentus, I give credit to this phenomena as to my ease in exploding the growth of my little “distributorship” in Valentus, breaking records in the first month and the meteoric growth of this organization because Inbound Marketing (Markethive) has found Customer Centricity (Valentus) and the rest will be historic”.

If this article finds you the least bit excited, curious or at least amused, we invite you to find out yourself more about these two incredible trends and how they complement each other. Your curiosity will cost you nothing. Sign up for these two companies at the below addresses (If you have not already):

Markethive (sign up or let’s be friends):
http://markethive.com/david-ogden

Valentus:
http://www.ValentusTour.com/program Entering a phone number will assure that I will call you to enjoy a 5-10 minute chat with you. I look forward to that, BTW.

David Ogden

Helping People Help Themselves

 

 

David