Idea about a new financial product

image I had an idea for a new financial product: the gadget-o-meter.

For end-users: you can build a wish-list of items. You can put books in there, mini camcorders, cds or even a house, whatever. You can embed the list on your website or send it to people before your birthday. It’s really the kind of wishlist you can find on a gazillion websites and of course it will have all the easy simple drag-to-browser “add-to-wishlist” button.

That on itself is not so exciting.

On the other side of the screen however is your money-o-meter, it is coupled to a special bank account especially for this purpose. It is a simple financial product: just an account which you can fill with money or which other people can fill with money. At the moment that the money-o-meter reaches a certain value then the product which is highest on the list automatically gets mailed to you so you don’t even have to think about (nice for shops to include an “add-to-gadge-o-meter” button) and ends up in your have list

The benefit is that you don’t have to do anythingimage besides adding your wishes: you will get stuff send to your house without you even looking at the gadget-o-meter. You might even forget about it and suddenly get send stuff.

Graphically this is of course a mindsketch, the endresult could look much smarter so people would have the feeling that something happens graphically when they enter money in the meter. They should dynamically see the thing move.

The revenue stream is of course on the interest on the associated bank accounts.

On the wishlist side one could partner with webshops

On the money-o-meter side one could partner with web income companies e.g. affiliates, webwritings and the hundreds of other ways to earn money on the web.

If you steal this idea then set me up a gadget-o-meter and donate me a percentage in there worth the idea, I’ll put the widget right here :)

Eds links for 2008-09-08: Flow Theory – Kay McMahon’s research website

Flow Theory – Kay McMahon’s research website
"An exploration of the importance of website usability from a business perspective". This work covers many disciplines from neuroscience (e.g. in the case of flow theory) to customer relations management (CRM), marketing, graphic design, public relations and so on.

Make an awesome amount of money

While scrolling through the Alexa Ranking 200 I noticed usercash which can earn you a lot of money in a simple way. Alexa Rank 200 means: the 200 most popular sites of the moment.

It can replace all your outgoing links on your blog or website or forumpostings (e.g. on social networks like multiply) or just specific ones and you get money for each redirect. So there won’t be much difference on your original blog/site/posting.

For each redirect you get $$$. With 8500+ postings I can simply create 1 line of javascript and from that moment on all my outgoing links will convert to income….awesome! No wonder it’s the top 200 site on the planet.

I’ll leave that to the weekend, I’m saving for an enormous villa in a warm country :)