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Million Dollar Wiki – Have You Got Yours Yet?

UPDATE: 10/01/2007 - I was given a $5 discount code for ALL TO USE when registering a term on the MDW page. During Google Checkout, simply use “NicheMarketing” in the discount code box and you will save $5 bucks!! Thats a bargain!!

As I was browsing through some of my favorite spots yesterday, I continually ran into quite a few people talking about the Million Dollar Wiki site. Granted, I had read about it over a week ago at a few places, but could not make a decision on whether it was going to be a fad and burn out quickly, or turn into another wikipedia type page. My guess is that it will be somewhere in the middle, thus, I went ahead and purchased two pages!

What is the Million Dollar Wiki? Truly a great viral marketing idea from a College student looking to become the next internet millionaire! As of last night, he has sold 1000 pages at $100 each… do the math, he is well on his way in a short amount of time! From the Million Dollar Wiki FAQ Page:

The Million Dollar Wiki was created by Graham Langdon, a 21 year old senior from the University of Connecticut. Instantly drawn to wikis as a revolutionary platform, Graham started thinking about more practical applications and potential business models. After a concept breakthrough, Graham Langdon invented the pay-per-page wiki business model and transformed the whole idea into the Million Dollar Wiki.

How does it work? Its simple and genious at the same time… you buy a “word” or “phrase”, which is then reserved in the wiki for you, for a minimum of 15 years! The domain registration and hosting have been prepaid for 15 years, thus you are assured maximum exposure for that time! The wiki page you purchase is YOURS to do whatever you want… Post information about your site, your niche, basically anything you want as long as it is not in violation of the terms (No Porn etc)

Some of the more notable’s:

  • Own the page for life
  • ANY phrase can be yours as long as it is available (MANY Great terms still out there)
  • Rent out space on your page
  • Deep Google indexing!
  • Resell your page when you are ready!
  • Use Adsense as you desire

Essentially – this site is already in the explosion stages and while they wont reveal exactly what it is, there is a buzz about some big marketing campaign coming out soon which will push it into overdrive! Big internet marketing gurus like ShoeMoney and John Chow got in the game early with phrases like Free Ringtones, Make Money Online, etc… BOTH of them reported immediate success with their own pages! 

It took quite a bit of contemplation before I decided to jump in. It was not the $100/page investment that made me second guess, but finding the right term/terms for the pages! I looked deep inside myself… Did I want one that would help define what I am doing on the web, or should I simply grab a page like “Babes” that gets huge amounts of type in searches? (More than 130,000 daily searches with “babes” in it) I was a bit wary of the content issues I may run accross with Babes, so I chose to grab up both: “Get Rich” & “Niche Marketing” – how appropriate is that? (Will add links once pages are up and running)

Time for me to go and start putting up some content… I will likely write more about this as time passes and I can measure the effect of the wiki page!

Mark

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2 Comments »

  • Transport Companies said:

    Mark, help me out here. I thought that if somebody owns a TM on a name, nobody else can use it for same business.
    My understanding is that wiki is a TM.
    I really want to buy a page, but I am confused about this TM issue.

    Jenny

  • Mark said:

    Hi Jenny -

    Wiki, as defined on wikipedia, is just a page or site that allows anyone to edit the contents.

    WikiPedia itself is a trademark, but the prefix wiki is open to all! :-)

    I have a very good feeling the MDW pages will be a very good long term investment for the right term/terms.

    Good Luck with it!

    Mark