Comments on: How to get funding from the Dragons for your website (because they don’t understand the Internet - as proven by DiamondGeezer.com) http://www.here.org.uk/2008/07/how-to-get-funding-from-the-dragons-for-your-website-because-they-dont-understand-the-internet-as-proven-by-diamondgeezercom.html Welcome to Kieron's blog - the life and times of an Internet Marketeer Thu, 18 Mar 2010 07:40:32 +0000 http://wordpress.org/?v=2.7 hourly 1 By: David K http://www.here.org.uk/2008/07/how-to-get-funding-from-the-dragons-for-your-website-because-they-dont-understand-the-internet-as-proven-by-diamondgeezercom.html/comment-page-1#comment-8585 David K Tue, 05 Aug 2008 13:49:39 +0000 http://www.here.org.uk/?p=926#comment-8585 'The majority of which would probably call it a day if they didn’t make £3,243 profit in a week or less, never mind a year. So it makes you think what kind of funding we could all secure if we ever entered the Den with a real web business that was making good money' You're missing the point - if affiliates make that much money, they don't need investment... ‘The majority of which would probably call it a day if they didn’t make £3,243 profit in a week or less, never mind a year. So it makes you think what kind of funding we could all secure if we ever entered the Den with a real web business that was making good money’

You’re missing the point - if affiliates make that much money, they don’t need investment…

]]> By: ian-d http://www.here.org.uk/2008/07/how-to-get-funding-from-the-dragons-for-your-website-because-they-dont-understand-the-internet-as-proven-by-diamondgeezercom.html/comment-page-1#comment-8584 ian-d Tue, 05 Aug 2008 07:18:47 +0000 http://www.here.org.uk/?p=926#comment-8584 LingsCars? Yep, one of the biggest now, with a very wacky advertising campaign!!! LingsCars? Yep, one of the biggest now, with a very wacky advertising campaign!!!

]]> By: Top Affiliate Program http://www.here.org.uk/2008/07/how-to-get-funding-from-the-dragons-for-your-website-because-they-dont-understand-the-internet-as-proven-by-diamondgeezercom.html/comment-page-1#comment-8580 Top Affiliate Program Mon, 04 Aug 2008 14:22:09 +0000 http://www.here.org.uk/?p=926#comment-8580 I was shocked at how he was doing, how can he have only made over £3k profit - it didn't make sence. His figures were all wrong and usually the dragons are quick on that kind of thing. Like you say jewelry affiliates should be earning loads more than that - I do think sometimes though people go on dragons den as part of a marketing ploy - that girl that went on last year that hired out cars I think it was and was sat on a big vehicle for her campaign did quite well from appearing on the show. I was shocked at how he was doing, how can he have only made over £3k profit - it didn’t make sence. His figures were all wrong and usually the dragons are quick on that kind of thing. Like you say jewelry affiliates should be earning loads more than that - I do think sometimes though people go on dragons den as part of a marketing ploy - that girl that went on last year that hired out cars I think it was and was sat on a big vehicle for her campaign did quite well from appearing on the show.

]]> By: ian-d http://www.here.org.uk/2008/07/how-to-get-funding-from-the-dragons-for-your-website-because-they-dont-understand-the-internet-as-proven-by-diamondgeezercom.html/comment-page-1#comment-8570 ian-d Sun, 03 Aug 2008 21:49:13 +0000 http://www.here.org.uk/?p=926#comment-8570 It was just shocking to say the least, not exactly a high class name for a site either, would anyone outside of London actually buy! Whilst I think the dragon's are a little naive to domains and serps etc, I think the conversation over the freehold building was more what they were interested in, that would have resulted in an investiment for no risk. I had the same thoughts when the dragon's went mad with interest over thenutspokerleague.com, saying it was a great domain name...ermmm, don't think so! It was just shocking to say the least, not exactly a high class name for a site either, would anyone outside of London actually buy! Whilst I think the dragon’s are a little naive to domains and serps etc, I think the conversation over the freehold building was more what they were interested in, that would have resulted in an investiment for no risk.

I had the same thoughts when the dragon’s went mad with interest over thenutspokerleague.com, saying it was a great domain name…ermmm, don’t think so!

]]> By: Women's Clothes http://www.here.org.uk/2008/07/how-to-get-funding-from-the-dragons-for-your-website-because-they-dont-understand-the-internet-as-proven-by-diamondgeezercom.html/comment-page-1#comment-8562 Women's Clothes Sun, 03 Aug 2008 07:48:12 +0000 http://www.here.org.uk/?p=926#comment-8562 Even I make then that in profit per year so something must be going wrong with his site! Even I make then that in profit per year so something must be going wrong with his site!

]]> By: Dazza http://www.here.org.uk/2008/07/how-to-get-funding-from-the-dragons-for-your-website-because-they-dont-understand-the-internet-as-proven-by-diamondgeezercom.html/comment-page-1#comment-8553 Dazza Fri, 01 Aug 2008 22:22:20 +0000 http://www.here.org.uk/?p=926#comment-8553 Sounds like the site needs some PPC. Sounds like the site needs some PPC.

]]> By: Geoff http://www.here.org.uk/2008/07/how-to-get-funding-from-the-dragons-for-your-website-because-they-dont-understand-the-internet-as-proven-by-diamondgeezercom.html/comment-page-1#comment-8542 Geoff Thu, 31 Jul 2008 15:50:23 +0000 http://www.here.org.uk/?p=926#comment-8542 I didn't see it, but I'm curious what he proposed to use £255,000 for? It would buy a hell of a lot of SEO! I didn’t see it, but I’m curious what he proposed to use £255,000 for? It would buy a hell of a lot of SEO!

]]> By: Nadeem Azam http://www.here.org.uk/2008/07/how-to-get-funding-from-the-dragons-for-your-website-because-they-dont-understand-the-internet-as-proven-by-diamondgeezercom.html/comment-page-1#comment-8541 Nadeem Azam Thu, 31 Jul 2008 13:58:40 +0000 http://www.here.org.uk/?p=926#comment-8541 Well said Kieron. Well, I've just got back from a meeting where I was showing an agency we were in position 4 in Google for a popular jewellery term, and I know other affiliates do far better than us with SEO, so perhaps more SEO affiliates should go onto Dragon's Dean. I find the whole notion of "turnover" bizarre. I get at least one person a week trying to dupe me with what their turnover is. Pure profit, after ALL expenses, is what it's all about, not your turnover, nor how fancy your offices are, nor how many staff you have. Based on pure profit, affiliates are amongst the most profitable businesses in online marketing and their revenue per head far outstrips others. Well said Kieron.

Well, I’ve just got back from a meeting where I was showing an agency we were in position 4 in Google for a popular jewellery term, and I know other affiliates do far better than us with SEO, so perhaps more SEO affiliates should go onto Dragon’s Dean.

I find the whole notion of “turnover” bizarre. I get at least one person a week trying to dupe me with what their turnover is. Pure profit, after ALL expenses, is what it’s all about, not your turnover, nor how fancy your offices are, nor how many staff you have.

Based on pure profit, affiliates are amongst the most profitable businesses in online marketing and their revenue per head far outstrips others.

]]> By: mat http://www.here.org.uk/2008/07/how-to-get-funding-from-the-dragons-for-your-website-because-they-dont-understand-the-internet-as-proven-by-diamondgeezercom.html/comment-page-1#comment-8540 mat Thu, 31 Jul 2008 13:56:21 +0000 http://www.here.org.uk/?p=926#comment-8540 hmm he shud of took the deal, but sometimes they dont know what they are talking about. hmm he shud of took the deal, but sometimes they dont know what they are talking about.

]]> By: Jon http://www.here.org.uk/2008/07/how-to-get-funding-from-the-dragons-for-your-website-because-they-dont-understand-the-internet-as-proven-by-diamondgeezercom.html/comment-page-1#comment-8539 Jon Thu, 31 Jul 2008 12:27:27 +0000 http://www.here.org.uk/?p=926#comment-8539 From the Dragon's point of view there was minimal risk in the offer they made - the guy was putting in a £300k office + £250k in stock. £255k for 40% of that isn't a bad deal. If the website does do well they own 40%, if it doesn't do well they've got some real assets backing their investment. Heads they win, tails they don't lose. That's the difference between this offer and what we do - none of our businesses have assets so an investment would purely be hope value, obviously much riskier than this. From the Dragon’s point of view there was minimal risk in the offer they made - the guy was putting in a £300k office + £250k in stock. £255k for 40% of that isn’t a bad deal. If the website does do well they own 40%, if it doesn’t do well they’ve got some real assets backing their investment. Heads they win, tails they don’t lose.

That’s the difference between this offer and what we do - none of our businesses have assets so an investment would purely be hope value, obviously much riskier than this.

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