Free Investment Strategy
Free Investment Idea
I usually charge thousands of dollars for investment research, but this one is for free. I am pretty sure that there are no such businesses of this type out there and if there is its surely not doing its job. Born from necessity, this idea invokes changes in the current industry as we see it and may put to rest most the senseless squabbling between buyers and providers. To quantify quality by a customer based ratings system. This idea was formulated while writing my last piece, “Buyer Beware”.
There are several B2B sourcing platforms out there that give great information on products or services of Chinese entities. But, have you noticed that these platforms are in its very design created to cater to the paying customer, the provider? There is no information on credit ratings or past customer experience based solely by past customers. This information could mean so much to a potential buyer in search of procurement.
Imagine a service such as Alibaba or Global Source that requires you to have a certain customer satisfaction rating in order to receive that gold rating again. Wouldn’t that change the tides of commerce? But when you take thousands or even hundred thousands of dollars to be in the prime real-estate spots on listings, well rating can be bought.
Then imagine an eBay style customer reporting system that clearly defines company experience and even to go as far as listing suspension until a major infraction has been resolved. Obviously the reporting system alone can’t make this business viable. However, you build it people will follow, I guarantee it. The advertising profit alone is well worth the effort. Interested, keep reading…
This is how I would do it; incorporate a non-profit organization with a clear mission statement that it’s out to help. Then find a respectable company that has the respect and resources to back you up. Your charges for membership and advertising fees will cover the operation expenses and then some. You develop mirror listings on all the B2B sites, no shortage of material there. Build an incentive program for past buyers to leave comments and ratings. Incentives should be paid only when ratings are sufficiently proven, either good or bad to the rating agents.
Eventually, I know this for a fact that the top B2B providers will want you out of the picture. When you start digging in someone else’s pockets, I promise you they will want you out to keep for themselves. At that time, you can decide to Merger or Acquisition or keep going as you were. Also, don’t forget that the information you receive on listings and past company experience on both sides, can accumulate to a gold mine or mountain.
Go over this idea and structure it in a business plan, then you’ll see how this plays out on paper, it works. All I want in return if this goes well, is being credited for the idea. But if it goes public then an appreciation gift of one million Class A stock will suffice.
–By: Jon Trewyn
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