What?
You mean someone may own my zip code?
How?
Don't be concerned. It's not what you may be thinking.
Dan Nickerson has created a remarkable GeoAfilliate Marketing concept and has created several websites to make it work.
With most affiliate marketing, an individual joins a merchant's program and then promotes the merchant's products using an individualized affiliate code.
Dan introduces a different way of doing affiliate marketing with Got-Zip.com. Instead of promoting a merchant's products with your individual code, you just send them to Got-Zip.com.
Dan handles joining the various affiliate programs, approximately 100 at this time, and the site maanages your commissions based on the zip code in which the visitor/purchaser lives.
When you go to the site, you tell it your zip code and a cookie is placed on your computer to remember it. That's it.
From then on, when you visit Got-Zip.com and make a purchase, the person who "owns" your zip code (and/or county or state) will get a part of the commission from that transaction. If nobody "owns" the zip code, county, or state, the unclaimed commission is put into a reserve pool and is shared by all the folks who own other territories.
How do you "own" a zip code?
There are three ways. Well, actually, there are six ways, depending upon where you live.
You can "own" a zip code by paying an annual fee. If you live in the zip code you purchased, you are considered a resident. Otherwise, you are considered a prospector.
A prospector, who lives outside a territory, can purchase the area. However, if a resident comes along later, the resident can also purchase the area and they will share commissions on any purchases made by residents of the area.
However, if a resident buys a territory first, prospectors are locked out and the resident gets the full share of the commissions.
Zip codes are "sold" on an annual basis. Counties and States are sold based on a monthly subscription. At this time, all the states are taken, but there are still many counties and zip codes available.
I don't know if this will stall out or take off and fly. However, I've read all the posts in the forum that go back over a year and Dan appears to be honest and hardworking. He has some very innovative ideas. Based on my evaluation, and gut-feeling, I "bought" my 28906 zip code and Cherokee County, NC. I probably would have bought North Carolina, but someone beat me to it.
If you decide you want to be a part of this, you should be aware that it will take some time before your investment will pay off in profits unless you can generate sales to people living in your territory. If you just purchase a territory and wait for others to do the work, it may take a long time to profit.
One good thing is that nobody so far has lost any money by trying it. In the past, if someone cancelled their subscription, all their payments were refunded. Now, they have a territory auction to give others a chance to purchase your territory from you.
What happens if you live in a sparsely-populated rural county, as I do. Is it fair to pay the same price for that zip code or county as someone else would pay for a territory in New York, Los Angeles, Chicago, Houston, or another territory with many more people and prospective customers?
It depends on several factors. Are you a resident or a prospector? How much local promotion are you going to do? Do you have traffic funnels you can use to direct people living in your territory to Got-Zip.com?
Depending upon your personal marketing initiative and creativity, you may be able to make more sales in a smaller area than someone else can generate in a more-populated area. You get your share of the commissions on sales in your territory.
What I didn't realize at first, and which makes this more attractive in my opinion, is that you also get an equal share of the commissions on sales in territories that have not been claimed.
But, I don't believe you can depend upon that to earn a profit. It may offset some of your investment, but you need to generate sales from residents in your territory to make this really profitable for you. And, you may also earn from others' promotional efforts. Perhaps a customer sees advertising from one of the other territory owners and they make a purchase. If they live in your territory, you'll get the commission (or at least your part of it).
The same holds true if someone living in another territory sees your advertising and makes a purchase. The "owner" of that territory will profit from your promotional efforts.
The easy part of this is that you don't have to use affiliate codes to earn from it. All participants just send folks to Got-Zip.com and the site's software and administrators sort the commissions by zip code.
If you type in the Got-Zip.com URL, don't forget the hyphen.
If you want to be a part of this, you should take a long-term view on your participation. You will not earn massive profits in a short time with no work.
I'm going to be watching this site and this new concept of GeoAffiliate Marketing to see how it works.
I invite you to visit Got-Zip.com and make a purchase from one of our many merchants.
Who knows, I may make a commission off your purchase. Or maybe someone else will. But, you'll still be buying products you like from vendors you trust and will not pay any more by going to Got-Zip.com to find the merchant and click on their link.
We'll appreciate your business!
2:32:30 AM
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