Goodrum wrote:realdealwill wrote:
I recently got hit with that. My ecommerce business was doing about 15-20k a month until Google make changes to their Merchant Program.....I basically got the worse Google Slap ever imagined and my income from the business went to practically zilch.....
I've made the needed changes and I have other income from other things but I have to re-evaluate my entire business model and come up with a new games plan....but that's life and things constantly change in the business world and you just got to keep going. One good thing is that Google gave me 100 dollars in Adwords and reduced my CPC rate by 10% until the end of the year so I expect my traffic to come back within a month. I'll just enjoy the vacation in the meantime
Yeah that's some scary sh-t. You build it and then Google or some outside force slaps you whenever they feel like it, bam, there gores you lively hood.
I was reading an ebook called internet prophets and they were telling of the early beginnigs of IM Armand Morin. way back in the 1990's he was making millions online and out of the blue his bank decided he was
making too much money.
Quote taken from the ebook, internet prophets:
As funds poured in, Armand’s bank shut him down and froze access
to his accounts. Why? Because they assumed such a massive flow of
cash must be the result of illegal activitiets. Nothing, however, was even
remotely illegal about Armand’s operation. Regardless, they wouldn’t
listen and put millions into deep freeze. At this point, some might have
thrown in the towel while crying about grossly unfair treatment. Not
Armand. He immediately sought to create effective tools to help others
avoid the same fate. There were two glaring issues that needed to be
• Accepting credit cards.
• Gaining access to a merchant processing service that would
release funds earned.
Armand didn't quit, he more so got even and became even more creative.
I think once we start making a great income we need to use some common sense and keep some cash on hand, spread it around to more than one bank, payoff debts.
Hell you never know, your bank, your payment processor or anything can go under, not just the company.
Thanks for sharing.