From: Caline Munro
HI I am New here and wondered if I could ask a few questions please.
I have a Premium account so I gether from what i have read that I have 512sq m of land I can use please correct me if I am wrong.
I am looking to put a business on here so what I was wanting to know is can I have my piece of land anywhere I want as I would want a high traffic area obviously.
If I can how do I build my store. And go about putting items in there that are for sale.
Also what sort of time scale am I looking at if I was too put in about two hours a day.
If I need some-one to build a store for me what sort of price would I be looking at please.
Sorry for all the questions but I need some clarity.
1: No, you do not have 512 M2 of free land. What you have is free monthly maintenance fees on the first 512 M2 of land in a Mainland sim that you purchase, and you must pay the market rate for that land, like anyone else. They discontinued a "First Land" program many months ago, where new Premium members could buy their first 512 M2 of land for just $L 512, but it was never completely free.
2: You can have a business anywhere that the local covenants allow running a business. That is anywhere on a Linden-owned Mainland sim, and most locations in private island sims. Your free 512 M2 of land maintenance payments does not apply to land on private islands. So you would want mainland to do that.
3: Traffic is an indicator, but not the only factor to consider. A sim with huge traffic numbers that gets those numbers because a club or casino full of camping chairs has the sim constantly full and inaccessable for other land owners would be worthless to you. No one could get into your store to shop. Look instead for places with moderately high traffic, where people who are likely to use the products you wish to sell are frequently around. For example, if you are selling boating stuff, you wouldn't want to be far away from any water. If you are selling Furry avatars, you'd want to at least be in a furry-friendly sim, and preferably one they like to hang out in. If you are selling adult content, you can't do that in a PG-rated sim.
4: It sounds like you have not done any homework yet on how SL works. Do that first. Go to stores that already sell stuff like you plan to sell, and see what sort of merchandise they sell, and at whet prices. Can you do better than they do, for the time you plan to invest? 2 hours a day is not enough to get any legitimate business off the ground, in my opinion. Most successful SL business owners are putting in 20 to 40 hours or more hours a week.
People like me can build a store, set up your vendors, and show you how to get started. But if you don't have a viable business plan, you are just throwing money away.
Understand this. No matter what hype you have read, less than 2% of active SL residents make more money in SL than they pay to play it. Less than 1% make more than a few hundred dollars a month actual profit from their efforts in SL. A fraction of one percent, maybe 200 out of the millions that have SL access, make enough to consider it a "real job" - and even then, a decent real world job likely pays better, for far less effort. I know what I am talking about here. I am one of the 2% that has a positive monthly L$ flow, every month. I work hard, and make less than a part-time second job in the RL world would earn for me. I do it because I like to do it, not because it makes me lots of money for little effort.
This is NOT a place to make money doing almost nothing. Like anywhere else, your ability to make money here is directly related to the intensity of your effort, the scale of your initial capital investment, and most importantly your ability to have the right product, of decent quality, at a price people are willing to pay, at the right place and right time. You'll never do that by buying a "Business in a box" that some schlep is selling, promising great profits selling stuff someone else designed. You'll never do it without doing the hard work and research you need to understand your market and what is possible in SL.