Category:
Classified Script
How To Make Money With Classified Clone Script ?
By admin on May 02 2023
Classified clone script has truly become a game-changer in the world of business. The entrepreneurs can now kickstart their business in just a day! Also, compared to conventional web development, clone scripts are much more cost-effective and time-consuming. Since the clone scripts are the hottest talk of the industry, the competition is huge. And unless you play skillfully, you might get washed off from the race. There are multiple revenue models that you can incorporate in your classified script and ensure a stable income effortlessly. To learn about them in detail, stay tuned till the end!
Top 5 Classified Clone Script Revenue Model
Generating revenue from an Open source classifieds script is easy when you know the tricks and tips! Here, we will discuss the 5 top-notch classified clone revenue models that can fetch money-spinning deals!
Revenue From a Transaction-based Model
Online businesses make money through the transactions made on the website. It can be anything from pay-per-use, licensing, subscriptions, or up-selling. You can generate huge revenue from these channels. Now transaction-based revenue model can be categorized into three parts: Freemium Model, Recurring Purchase, and Pay Per Use plans.
Freemium Model
This is a comparatively new option, so not all clone scripts feature this. However, if you want to crack a good deal out of your Classified PHP clone script, the Freemium Model could be one of your safe bets! The primary goal of freemium models is to pull users and capture their attention with free services in the beginning. Once the platform becomes popular, it starts to hold a certain charge on premium services.
Recurring Purchase
Every online business has a special premium service for the royal customers which comes with a membership plan. Well, users love to feel special, royal and welcomed. So, this revenue model is surely going to be your ticket to big profit. This revenue model will fill your wallet instantly, it has been proven to increase the balance with each passing month.
Pay-Per-Use Plans
Pay Per Use Plans open several doors of opportunities for classified businesses. The users will always be ready to pay you for banner ads, highlight ads, and feature ads! The more ad posts you get, the more money you make!
Revenue From a Commission-based Model
The whole business world revolves around the commission. So, why would you hold back your Classified clone script from this revenue model? Every classified script supports this monetization option and lets the owners make full use of it! And the fun fact is you can earn 50% of your total income just from the commissions paid by the users. You can choose to embed into your platform either a flat rate commission or a variable rate commission.
In the case of a Flat Rate commission model, the users would need to pay you a fixed percentage on every post or transaction made on your clone platform. On the other hand, the variable rate charges different commissions for different transactions. To put it simply, in case a seller asks you to put up a specific highlight ad on your web page, you can hold a higher charge compared to the banner or feature ads.
These days Classified clone script products are featuring a brand new commission model, called the tiered commission. Under this revenue model, the users need to pay a fixed rate commission according to the market demand. If you are keen to embed this commission model into your classified business, make sure the clone script you are purchasing has this special feature.
Revenue From Advertisement-based Model
If you are into classified clone model business, the ad-based model is going to be your top-favorite way of generating revenue! Here, all you need to do is use Google AdSense to run ads. Well, you can also choose to sell a specific part of your web pages to top companies and acquire a handsome amount! Ad-based revenue models can also be your steady income source.
Revenue From the Affiliate-Based Model
You must have heard about OLX, eBay, Quikr, and Craigslist, right? All of these are popular classified platforms that incorporate an affiliate revenue model. This particular technique has been on the hype for the past 3 to 4 years and the results are undeniably incredible.
To use this, ensure that the Open source classifieds script you are purchasing permits you to employ the affiliate model from the very beginning. However, to enjoy the revenue from affiliate marketing, your platform should be popular enough. Here, the endorsement can be linked directly to any service/product of a seller. If a user purchases anything from the referral link provided on your platform, you can relish a certain percentage of commission on the transaction made.
Revenue From Interest-Based Model
With a Classified clone script business, you can earn a handsome amount through the interest charged on financial advances or deposited payments. Worry not if your clone script does not support this feature as there are several other ways by which you can make your script a money-making machine!
What Makes Classified PHP Clone An Advantageous Option?
Well, a lot of your known folks will advise you to choose the conventional web development method over the Open source classifieds script to build your classified platform. Well, that will be of no help! Check out the below-mentioned reasons before making any move.
Clone Script Saves Time: The current competition in online business is huge, every day a new online business is blooming. So, if you choose the traditional web development process, you would be late enough to participate in the race. With a Classified clone script, you can launch your website and start your business in just a day. And by the time your website would be structured through the traditional process, your clone platform would be cracking lucrative deals! Now you decide which one you think is better.
Website Cloning Saves Fund: If you want to build your website from scratch, the production charge could seem burdensome. You would require paying for the design and development separately. Also, they could ask you for separate fees for plugin installation, any changes you need from your part, and of course for site maintenance. With a Classified PHP clone, there is no production charge; you just need to invest your money to buy the product. Even the installation charge is free! Also, clone sites require very less maintenance, so again your pocket is saved.
Clone Sites Have Huge Market Demand: Classified clone script websites are well-known and widely accepted by users across the world. So, you don't have to worry about its popularity. Since it's a clone of a popular platform, people will surely show interest in your classified business. So, you can stay assured of the progress of your classified site.
Final Words
Considering the current market trend, there is no doubt that the clone scripts have a long way to go. Both the entrepreneurs and the users are accepting this technology and relishing wonderful benefits. From low-investment to time utility, classified clone script is helping newcomers in the industry in all possible means. If you too want your classified clone website similar to OLX or Quikr, speak to our professionals today!