Attention Small Business Experts! Here’s a New Way to Add Dollars to Your Bottom Line!
There is nothing that a marketing person loves more than finding new ways to add customers and profitable revenue to the bottom line. So when the folks over at Mindflash approached me with their latest innovation, I got really excited because I just knew that you would be too.
A Little About Mindflash
I was originally approached by Mindflash when they launched their online training platform. At that time, this product was aimed at larger organizations who had internal training needs and wanted to save money on expensive training software. Since my audience consists of small businesses and consultants who could only dream of being big enough to HAVE a training department, it wasn’t a good fit.
But NOW – Mindflash has launched some new features that I think you will REALLY love. The Mindflash Marketplace is an online platform where anyone can sell a course or presentation at absolutely no cost.
This new feature, which developed out of the requests of many previous Mindflash users, provides an exciting new way for experts, consultants, and?small business experts and professional trainers to make money with their hard earned knowledge, as well as a way for those seeking new skills to avoid hiring programmers or dealing with merchant accounts. With over seven billion How-to? Google searches to date, Mindflash Marketplace fills the high demand for high-quality online instructional content.
How Does Mindflash Marketplace Work?
Anyone can use Marketplace to create professional courses from content they already have. Some example courses include ?Negotiations?, Social Media Business Basics?, Closing the Deal?, and ?Transit Systems?. It all starts with a blank course template. Here you can upload files (e.g. Powerpoint, video or Youtube formats, PDF?s, etc.), make Quizzes, Descriptions, and more. Users can setup reminder and course management details, Question Types, Handouts, and three different types of Certificates. Mindflash lets you preview your test before it goes live. It also provides a full suite of reporting programs to track how well your courses are selling, as well as a way to invite trainees yourself. There’s also a feature that allows customers to contact the instructor, which can be setup as well, and ways to link to your course through your blog or email. Once all this is done, you just decide the price. The minimum is $9.99. Once the course is live, customers can preview the first three slides then purchase your course with just a click.
Revenue Sharing With Mindflash Marketplace
There are no setup or subscription fees with Mindflash. The fees are commission-based, meaning Mindflash will take a small percentage of money made through the course (though even this fee is waived in the beta, which will go through the end of October). The commission is 15%. All transactions will be handled through credit card, though Mindflash handles all the necessary processing fees. Customers will use a PayPal account to get their payments to you. At the moment, funds are dispersed through Paypal every two weeks. There are additional plans in the works for commission discounts for high volume sellers (those making $10,000+/month). And once your courses start selling, Mindflash provides an platform to track your various earnings. Again, all this is totally free.
Why Choose Mindflash Marketplace?
There’s no question that the Mindflash Marketplace is the first service of its kind. Similar sites have a much different fee structure. Digital Chalk, for example, has a $299 start-up cost, as well as a per course listing cost and a transaction cost. With these types of programs users can lose hundreds of dollars before they even sell anything. Mindflash is a great platform for both experienced professionals and those just starting out looking for an easy, low-risk solution.
Additionally, though it has limited functionality at the moment, Mindflash plans to do a lot of the marketing work for you. If you have a blog, web page, or other established network anywhere in the world, Mindflash Marketplace will help you get the word out. Right now there’s a Public Course link that can be pasted around the web, and Mindflash hopes to integrate the marketplace with social media sites like Facebook and Twitter within the next month.
Mindflash Marketplace is the perfect way for industry experts to monetize that expertise, especially in an economy where supplemental income and marketable skills are increasingly important. It’s a simple, innovative way for millions of people to connect and share resources, and it’s all entirely free. There’s no reason not to give it a shot and make money sharing your knowledge with the world.