High-risk spotlight: Fantasy sports league start-ups

Understand your market

Have you ever wanted to start a fantasy league of your own? Imagine how it would be to make money off of a website that hosts one or several leagues. If you want to take advantage of this sparsely populated industry you are in luck, it is a lot easier than one might think if you understand a few things. First, if you are going to be charging a fee understand you are entering a high-risk credit card processing market. High-risk means your industry runs a high risk of chargebacks, or regulatory attention, which banks don’t like. There is a solution to this problem, which we will detail in the next section. The next thing you should understand is that your business will only be successful if you market it. “If you build it they will come” is a nice thought for Kevin Costner movies, but it means nothing on the Internet. If you don’t get your website out there in front of people who are interested in the subject, get social media buzzing, plan and track advertisements and landing pages, and cultivate word of mouth, you won’t make any money.

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High-risk friendly spotlight: Orange CRM

An a-la-carte CRM for any high-risk or low-risk business

OrangeCRM uses modules to add features to your software – purchase a module if you want those features, otherwise, don’t bog down your experience. Most of the merchants we speak to are in a high-risk category, and we find those merchants not only appreciate – but often require the type of flexibility OrangeCRM offers.

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High-risk Authorize.Net for Vtiger

High-risk friendly CRM on-demand 

Is your high-risk business missing a crucial piece to help it rise to the next level? Have you really been putting a full effort into customer data management? These days any business that isn’t online is in some sense losing money. From the biz-op entrepreneur to the nutritional supplement marketer, everyone can benefit from one of the digital solutions available these days. Vtiger hopes to be an essential CRM tool for modern e-commerce marketers.

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Industry spotlight: Online pawn shops

Create a pawnshop online

The e-commerce market has grown to include pretty much any business that could be brick and mortar, but there are some types of stores you don’t see making the transition as quickly as regular retailers. Pawn shops are one of these markets. When you think about it – the process can seem a bit daunting. First, you must decide what state to do business in. Where the transaction technically takes place is important, as pawn laws may vary from state to state. Next, you must find a way to accept and transfer funds for the merchandise being pawned; to do this you will need a recommended pawn friendly merchant account and payment gateway – contact us for recommendations – After that, you need an appropriate e-commerce platform like Shopify or Woocommerce from which to operate. Being an online Pawn with FFL e-commerce sales adds a lot more complexity. If you are an FFL pawn dealer click here to learn how to get started.

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High-risk e-commerce with Avactis

Is your site a commonly prohibited merchant type?

If you are in a high-risk category like online vape sales, or FFL e-commerce and you are looking to get started or to get serious with your e-commerce site then you may want to look at Avactis. Avactis is an e-commerce platform with all the major bells and whistles, and it’s available for free – although there are premium extensions and other helpful additions you can purchase for a reasonable price. Avactis comes mobile ready and is easily optimized for search engines. It has additional options such as social media channels and customizable pricing rules to help you make the most of your store. Keep in mind you need a suitable high-risk gateway and merchant account as Avactis dozens of gateway options. Contact us anytime with questions.

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E-commerce spotlight: ECWID

High-risk e-commerce startups

Getting started in e-commerce doesn’t have to be a big, expensive hassle, even if your business is considered high-risk. Once you have your website in place you need to find a shopping cart program to start selling. ECWID is a simple and potentially free cart that can help you start selling quickly, and with little hassle. There is a free version, but you can also upgrade to a specific plan for your level of business. Once installed you can control all of your e-commerce from one place, easily.

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Concrete5: Snipcart and high-risk payments

Are you in an industry that has a hard time finding payment processing?

If so, and you are also and looking for an open source content management system (CMS) the word is, Concrete5 is a powerful solution no matter what type of business you are in. MLM, content creation, SaaS folks, and others know that the simple addition of “Snipcart” will unlock the option to accept payments in high-risk markets through Authorize.Net – when paired with the correct merchant account on the back end.  (Here is a link to the Snipcart add on). Remember, Authorize.Net needs to be paired with, or sold by, a merchant processor that accepts your business type. Contact us anytime for recommendations. Keep in mind anyone from the beginner to the expert online marketer can utilize Concrete5 with Snipcart; it is affordable, and scalable.

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Info for online coaches and trainers

Share your expertise, and make money in coaching

It sounds pretty simple, right? Whether you are a coach or trainer in business, fitness, personal goals or just life, there is a lot more to it than simply sharing your knowledge with another person. You are starting a business! That requires a lot of planning and work to ensure you can make a living off of the information you have. There is a lot that goes into getting started with a coaching business; here is an excellent article that gives you the rundown of how to get started.

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MLM launch keys to success

MLM’s or multi-level marketing companies have always been a clientele we have enjoyed working with. From time to time, we come across some info that we think can be helpful to the MLM startup or established warrior and want to pass it on. Below are some tips, and links to articles we thought might be helpful.  Keep in mind we regularly work with MLM’s and affiliate programs to assist them with payment gateways, merchant account recommendations, and IBO affiliate payout systems, if you need a recommendation on any of these, or just want to bounce some ideas of someone, contact us anytime.  OK, here are the tips!

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Tips on marketing high-risk products

The difficulties associated with being on a payment processor’s list of prohibited categories aka their high-risk products list are significant. We found a few articles that seem to have some good insight and solutions and want to pass them on.

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P.S. We're happy to help even if you just have a quick question - even if you are "not ready yet" and just want a little free advice. We regularly earn clients' business years after we first speak.

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