Mike,
I've been thinking about your dilemma with the BF cash flow, and while I as well as many others have subscribed to the online mag, I was trying to come up with a more fluid solution to your woes.
What we know:
- about 4,200 members and growing
- all interested in cuttlery
- all somewhat computer savy
- some dealers, some makers, some end users (Probably most)
Also we know:
- you don't want to charge for BF
- you don't want to compete with internet dealers
What can we draw from here? Anyone feel free to jump right in here if something strikes you.
I think that in order for you to make some money more without charging anyone, or always having something to sell for profit, be it a knife or a mag or what have you, we need to look beyond knives. (<-- there was the mention of the word "knives", so it's relevant forum content
)
What if...here comes my idea...:
you get together with say Citybank or First National, First Union, it doesn't matter and offer a BladeForums Mastercard/Visa. Of course at a reasonable APR. Yahoo offers a Yahoo Mastercard or Visa Platinum, NASCAR.COM offers MC/Visas with your favorite driver on the front. So Someone can design a nice looking BF MasterCard/Visa (Joel Pirela?). Then you have to figure out if how the bank works that out. In the best case, you get a percentage of the charges. Everyone on here probably uses one CC or another. Everyone buys something. But with this idea, people help you out by doing what they normally would do anyway - buying groceries, fuel, dinner.
Now the only thing I don't know for sure is how the bank rewards you. Could be flat fee per account, percentage of sales, percentage of collected interest. Don't know. But I'm sure Yahoo isn't selling cards for First USA because they have nothing better to do. There is something in there for them somewhere.
Anyway, just a thought.
Ingmar
I've been thinking about your dilemma with the BF cash flow, and while I as well as many others have subscribed to the online mag, I was trying to come up with a more fluid solution to your woes.
What we know:
- about 4,200 members and growing
- all interested in cuttlery
- all somewhat computer savy
- some dealers, some makers, some end users (Probably most)
Also we know:
- you don't want to charge for BF
- you don't want to compete with internet dealers
What can we draw from here? Anyone feel free to jump right in here if something strikes you.
I think that in order for you to make some money more without charging anyone, or always having something to sell for profit, be it a knife or a mag or what have you, we need to look beyond knives. (<-- there was the mention of the word "knives", so it's relevant forum content
What if...here comes my idea...:
you get together with say Citybank or First National, First Union, it doesn't matter and offer a BladeForums Mastercard/Visa. Of course at a reasonable APR. Yahoo offers a Yahoo Mastercard or Visa Platinum, NASCAR.COM offers MC/Visas with your favorite driver on the front. So Someone can design a nice looking BF MasterCard/Visa (Joel Pirela?). Then you have to figure out if how the bank works that out. In the best case, you get a percentage of the charges. Everyone on here probably uses one CC or another. Everyone buys something. But with this idea, people help you out by doing what they normally would do anyway - buying groceries, fuel, dinner.
Now the only thing I don't know for sure is how the bank rewards you. Could be flat fee per account, percentage of sales, percentage of collected interest. Don't know. But I'm sure Yahoo isn't selling cards for First USA because they have nothing better to do. There is something in there for them somewhere.
Anyway, just a thought.
Ingmar