Welcome to aaron chua make money blog

Hi, welcome to my blog. In this part of my world, I talked about how to achieve financial freedom by learning how to make money online through creating sites and earning from them.

Below are some current and past make money projects that details my learning journey.

My current experiment in making 50 amazon site niches. If you have not been following this challenge, best place to start is this resource page for the amazon challenge, that lists all the articles that I have written so far.

My experiment in making 1000 a month through adsense in 9 months.

If you came here looking for low cost startup ideas, here are 140 startup ideas that you can browse through.

Monday, 13 August 2007

Startup idea #8: Market exchange for media and other service/products

Updated: 30 Nov 2007: Scrapped the previous idea and have replaced it with this one.

This idea is about defining new market exchanges between media producers and producers of other services/products. Some recent examples of startups in this area includes:

Firepoll: free iTunes, ringtones etc in exchange for taking surveys
Mochilia: free mangazine/newspaper content for bloggers in exchange for advertisements
BrightSpot Media: free movie rental from BlockBuster in exchange for viewing advertisements.

What we can do to one up these examples is to further notion of markets. These startups do not provide coordination mechanism i.e. price, liquidity or information transparency etc. All these are vital points for us to hit.

As an illustration, let's take price. By simply doing a model where users decide on the number of say polls or surveys they want to take in exchange for a free movie etc, the implicit price will immediately inform us about aggregate market preference. What we can do with this information is nothing short of revolutionary. More to come...