Coreg Paths: How To Monetize Phone Number After Path? (29)
After the person enters their number and completes the coreg, I still have the phone number. Aren't there ways I can keep on sending him SMS messages or have his number transfered to a paypercall agency / even sell the phone number?
Looking to monetize the phone numbers later on and not just the email that is collected..
Thanks!
I have been wondering also about this, where i can sell emails and phone numbers. There must be some company that buys them.
Interesting idea, would love some insight?
For emails there are a couple companies.
I will post a list when I am on my PC.
As for mobile numbers , I don't know of any yet.
I was thinking there has to be something such as Aweber, but instead of emails, you collect phone numbers and then when you create your emails in aweber you just create SMS messages instead 
Sounds like a good biz someone create something like this and we can split the profit 
Dude. This is so easy. Seriously?
I'd never sell those numbers. I'd send them to some new rewards they happen to stumble across on their phone. Lucky for them, again!
I'll buy all your numbers hit me up.
instead of selling to you, how about you let us know how we can monetize these ourselves?
If there is a good way of monetizing them I would like to know as well. Currently I am only capturing email but I could also capture phone numbers. Getting about 300-500 a day right now.
lol eliquid I can't tell if you're joking or not. That statement kind of contradicts every statement I've ever heard you say. Is this the eliquid from WF?
It's not like I've done this before.
But I've had marketers do it to me, because I've purposefully given them the resources to allow them to. It's not like I study exactly what's going on or anything.
There's no doubt in my mind I could figure it out. Just a matter of learning exactly how it works and setting it up. Which also, should be pretty easy. Especially for you man.
Originally Posted by Gonzo
The biggest I see is JV'ing or having your own call center where you essentially have the call center or JV profit share with you and take over the data and you get XX% of revenue.
The other you can do, which is kinda the same is sell the data outright to a company like http://www.salesportal.com/demo/demo.html who will have people in real time bid on your lead.
Or you could use CallLoop.com and do an SMS seq. like you would do email. Its about .05 per message or use txtlocal.com if you in UK.
You could also do RingRevenue offers, since you got the users cell number. Send them SMS offers via ring revenue.
You can also send mobile coupons with Cellit Studio.
Was really hoping someone else had fresh perspectives, which I why i said what I said earlier.
well i have not used them but http://trumpia.com/
could be an option for you guys as far as using the numbers to send SMS with as they have a whole platform that does SMS and email.....
which it looks like its similar to callloop but with everything in one place it might be easier.....
Ahhh there's eliquid. You had me worried for a second. All of those things are looking into (which I will do) because your knowledge on the topic obviously exceeds mine. But my gut feeling is that there are still better ways to monetize those numbers. The idea came to me from this call I got recently from someone I assumed was a marketer of some sort. Just like other ideas have come from random ass places....strange how it works like that.
I'll look into it and talk to some people, and would be glad to help you get some fresh perspective once my idea is more fleshed out. It's been part of a larger project I've been working on but am still creating, so I'll get to work on that aspect now.
Interesting Polarbacon, I think this could be what I'm looking for to get me on track for one of my ideas. Definitely worth looking into at the very least. But still I feel like you could do something like this yourself and avoid the inevitable overhead that's going to come with working with a company like that. Who knows though, I need to look further into, as once again, I'm currently pretty clueless in that respect.
@gonzo
You have the uncanny ability to type a bunch of words without actually communicating anything.
I've used alot of these type of services for clients I've taken on in the past.. I never found a solid all-in-one solution that was cost effective.
Trumpia is so-so.. but check it out for yourself, they can become pretty costly themselves depending on the services you're using. If I remember correctly they don't require you to have your email contacts reconfirm, alot of these services do.. and alot of the services require your phone numbers to be opted in using their form.
The cheaper services use a shared shortcode and the licensee (the service you're using) can easily be fined/sued/license revoked if the sms are fully compliant and reach too high of risk level.
Ask them for some sample credits to test it out and they'll allow you to.
Good stuff guys!
My dilemma is pretty much this, focus on sending my own sms / ringrevenue offers or just sell it quick for cash? Seems like the answer is obvious, I could be wrong, but I would lean towards working your phone number list yourself will make you a lot more money then selling it... But maybe you could do a rev share? That would be best I'd think since they obviously would know what works the best and how to send the sms properly..
I would evaluate your current financial situation.. if you have alot of capital in reserves.. then build it to maximize revenue.. if more cash at this time can help you expedite your campaigns.. cash in quickly now and build up funds.. and maximize the data later instead of selling it.
@ corp
You have the uncanny ability to have the inability to realize that I do this for a reason.
I know your fishing and I'm not gonna go any further and take your bait.
Peace.
Originally Posted by vidivo
A couple of the principles I live by are:
1. Tomorrow is not guarentee'd ( live life to fullest today, but also you might not be banking tomorrow in IM )
2. Have multiple streams of income/Own as much as you can
If you're in the US just be careful with phone numbers. Unsolicited calls get a pretty heavy penalty if you don't cross your xs and ts. Also, right now they are debating in law weather to consider an SMS a phone call and hold it accountable same as phone calls.
Thanks for that Angry Russian. We've been running coreg paths for 2.5 years+ now and could have collected millions of phone numbers but it's not worth it, it's a whole 'nother legal ballgame that I never intended nor ever intend to play.
Oh yes definitely, you'll get backtraced for sure.
So how do we be safe when doing SMS, whats the proper way to collect the mobile phone number?
With SMS you want a shortcode that the users can txt a keyword to in order to voluntarily opt-in. The autoresponder they get sent confirming opt-in generally has to have instructions indicating how to opt-out and sometimes approx how many messages they will receive per month. Once there you can send messages to them fine but many SMS marketing companies require a opt-out instruction to be tagged to each SMS.
You can also get premium shortcodes that charge the user per SMS they receive. Most often you need to have a minimum volume per month to get these, i.e. can't easily just buy one and start ripping people off. My feeling is that, since SMS is a lot newer than email marketing, it is far more tightly regulated and harder to exploit to shit without getting banned quickly. I'm about to start an SMS marketing campaign today actually, will let y'all know how that goes. If you can generate a responsive opt-in list that has a reason to be on your list then you can make a lot of money. I hope.
Can you use a shortcode system such as yeptext?
Be very careful when trying to monetize phone data as you can see here settled class-action for $12 Million
http://www.pcmag.com/article2/0,2817,2391037,00.asp
Originally Posted by jroes57
Buying your own shortcode number is expensive.
There's a bunch of stuff you can do with phone numbers. If you have segmented data of some sort you can sometimes sell it to call centers flat out or on a revshare. Typically segmented opt-in price for edu ranges from 30-60 cents. Can sell bizopp, diet, alarm, satellite, mortgage....
Then in addition you can monetize through sms yourself using a service like Twilio to send out sms messages. You can start sending via long codes and if it looks good then you can get a branded short code to improve conversions. There's also 3rd parties that will take the data and monetize it for you and pay you on a revshare.
WARNING: Before you do any of these things make sure you consult with an attorney about data collection and data transfering practices. As well as making sure that you're disclosing what you're doing properly. You will get your ass handed to you if you start doing volume and don't have this done properly. And if you're small now everything you do while small will be looked into if you get big, believe me 
One question I have about SMS marketing is the opt-in process. Could you have a check box beside your opt-in form that says "I wish to receive complimenary offers via SMS from xyz" and have it so the user has to check it to opt-in to your SMS list, or do you HAVE to have them text to your long/shortcode to opt-in and start sending texts? I would obviously still need the code for them to opt-out (and I'd include it in my messages just like email) but I'm wondering if you can get SMS subscribers this way. Thanks
Just would like to say that even though this forum is full of great info.....SMS messaging falls into one of those categories where I would highly recommend you consult legal advice before moving forward with any camp....SMS spam is no joke many many companies have been hit on this with fines ranging from $100-175 per SMS......it is not tollerated on any level and you will get reported by the carriers rather quick....this isnt just like Aweber cappin' your list....this is more of getting court orders...
Your whole process of collection needs to be air-tight and even then if you push to hard you take a huge risk....as both the carriers can fine you (up to 250k) and you can be brought to trial to pay a per message fine....
so please folks....be smart on this one.....do it the right way....its not worth the risk otherwise.....when you are a business you are treated as any other big or small......
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