I started my Build a Niche Store review about a month ago, giving myself the month of February to make back my investment. How I did will be revealed in a little bit, as I wanted to offer a little background information about the software first.
About The Software
Build a Niche Store (or BANS as it is commonly known as) is web-based software that automatically generates fully-designed and coded stores for you to use. However, these aren’t your typical stores. Build a Niche Store integrates with eBay’s RSS feeds to pull item listings from current auctions on the site. Essentially this means that you will have an entire store populated with items of your choice. You never have to ship a product, pay a listing fee, worry about auctions completing, or any other hassles that goes along with selling items online.
Now, this probably doesn’t make any sense to you. You’re probably wondering how exactly you make any money if you aren’t selling anything. The answer is simple: affiliate commissions. Since you’re referring people to make a purchase on an auction eBay will reward you with a percentage of the listing fees that they charge. You’re also paid for every new member you refer to eBay that registers and makes a purchase. These numbers are performance based as well, meaning the more you refer, the greater the commissions. Take for example the following table that breaks down earning percentages:
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Using that table, here is a brief example of potential earnings. Through your niche store(s) if you were to generate 50 new users (ACRUs) and $5,000 of commissions per month your total monthly commission for that month would be $4,400. This number may sound out of reach, but with multiple stores with enough traffic, it actually sounds a little low.
Now, I hate when sites only quote “potential earnings” in order to make sale. So, I took the following quotes from the BANS forum, which requires a BANS purchase in order to join. I’ve left the names out to ensure anonymity, but rest assured, these are actual people reporting their earnings after using the Build a Niche Store software.
“In my excitement that I reached $340.62 since the 26th of Jan with my BANS store, I almost overlooked the fact that I had my 1st $100 day on Feb 4th with $107.28 all in sales, no sign ups that day. During that 11 day period since opening my 1st store I have had 75 sales. “
“After 10 days I am now getting 100 visitors per day and have made $237.00 so far. BANS has been a good investment for me…. thats for sure. Wonder what would happen if I optimized it a bit”
“On target to clear more than $4,300 from BANS over the last 30 days. Have five sites running (sorry, not going to share the niches, :-).”
The Simplicity of it All
Build a Niche Store is incredibly easy to use. Initially it sounds quite complicated. The idea of setting up a domain, web hosting, and web-based software will undoubtedly scare some people away. But, here are three reasons why this shouldn’t discourage you. First, the software comes with one of the most thorough guides I’ve ever seen. It goes through the step-by-step process of setting up a store complete with full-detailed instructions and pictures. Second, maybe it’s time you learn something new. Take it from me, setting up a domain is incredibly easy. If you’re capable of typing on a computer, you’re more than capable of owning your own domain. Finally, owning websites is not only fun, but addicting. I started making websites as a hobby until I found out there was a lot of money to be made. A year and a half later, I work from home solely based on the income generated by a few websites. When I say that if I can do it, anyone can do it, I honestly mean it.
The actual process of setting up a store is picking which products and categories you want to promote, filling in appropriate text, and picking and choosing colors and pre-designed templates. An experienced user could have a niche store up and running in no less than ten minutes, but I would say it would take the novice user around two hours to have a fully-operating, working store ready. It really is that easy.
Final Progress Report
I started using the BANS software on February 1st, nearly one month ago. The following progress report is a fully-detailed total of my expenses and earnings while using the software.
$97.00 – Build A Niche Store Software
$14.75 – Blu-ray-auctions.com Domain from www.GoDaddy.com
$18.00 – Purchased three articles
$18.00 – Social Bookmarking Submission Services
$3.50 – Website Directory Submission Services
Traffic and Earnings:
$6.49 from sales.
1 Ebay Signup
$25.00 from Signups
2 Affiliate Sales.
$53.00 from affiliate sales.
Total Expenses: $151.25
Total Earnings: $84.49
Total Profit: ($66.76)
When I first started my BANS review, I gave myself a month to make back all of my expenses in order to call this software successful. I’d hate to call this a failure, so I’m going to retract my previous statement and say that Build a Niche Store is highly successful and I offer nothing but complete praise to the software. Sure I fell $66.76 short of my goal, but my store isn’t going anywhere. Considering my traffic has slowly been increasing over the last few days, I’ll more than likely make back my money in March and finally be in profit.
My Future with BANS
I already have two more BANS stores planned out and will hopefully have them online before the end of March. I can’t reveal my ideas as I don’t want them stolen (Yes, they are that good) and have the market saturated. The beauty of BANS is that you can continue to make as many websites as you like with just the one-time purchase. They require little to no maintenance and continue to bring in money long after you’ve stopped working on them. If you’re looking for a new way to make money online, I fully believe that Build a Niche Store will help you achieve this. I whole-heartedly give this software my approval.