One of the core reasons that this model is changing the world before our eyes is because it harnesses the power of the USER.
User generated traffic.
User generated revenue.
I encourage you to take a look at the most visited websites on the net, and you’ll see that nearly every one of them incorporates user generated content and traffic; resulting in what I like to call user generated revenue.
You can use this frame of thought in nearly all aspects of your business.
Encourage and reward your website, blog, and social networking site visitors for sharing and spreading the word about your stuff.
Imagine a business model where potential customers do the advertising for you, by spreading the word for free!
Yes, it does exist, and it is because of a collective buying power. Collective buying power is when a group of people come together and use the rule “there’s power in numbers” to leverage the group size in exchange for discounts.
Up until recently, this really only happened with business to business transactions.
But the way people buy online is shifting because of the collective buying power, and millions of people have already become addicted to this way of buying, and the number is growing exponentially every day.
Some of the questions you should ask yourself are…
- What side of the fence am I going to be on regarding this revolution?
- How can I incorporate user generated traffic into my current business?
- How can I leverage the collective buying power phenomenon?
This is one of the largest and most profitable trends that is occurring online right now, and I encourage you to watch, learn, and most importantly take action after watching the presentation below.