Dollar by Dollar, Bit by Bit, Until He Reaches A Billion

Aug. 9, 2009 - PRLog -- "Aim high" is advice that Itzhak Schier takes literally. He is now aiming no lower than one billion dollars from his new site ABillionBits.com, a grass roots, open source, display advertising, SEO, and page view driver site which costs users only $1.50 per entry.

Schier, who estimates that fees, volume discounts and related expenses will leave him with an average of $1.00 before taxes out of every entry, or "bit" purchased, is positioning his site as both a value added solution to advertising and marketing needs for all businesses with an online presence, and an Internet legend similar to other sites which have shown explosive growth quickly due to their novelty and clever marketing.

However, while Schier does not hide his financial ambition of grossing one billion dollars from his site, he aims for such a grand result for reasons besides personal financial achievement.

He explains: "If I aim for the top, for a billion enttries which is attention getting yet realistic considering sites that have in the tens of billions of entries, then I can keep the site going and make sure it remains popular for a reasonable period of time rather than it becoming a 'fifteen minutes of fame and fortune' bid on my part. I know I can't get to a billion overnight, but with the interest that will be generated as I reach my goal, I can make sure every one of my users gets good value for the money which is the only honest and decent way to succeed financially whether online or offline"

Indeed, Schier is positioning himself as "the Sam Walton of the Internet," an entrepreneur who prospers by providing popular, necessary services at a low price with little in the way of unnecessary frills that would bring up the cost per advertisement for users.

The site, which displays attractively sized and positioned thumbnails of user chosen photos on a simple grid along with links to the user's website and the profile he constructs on ABillionBits.com, is indeed very simple in its construction, focusing viewers' attention on the pictures, slogans and web addresses rather than on Schier's site. With every title being unique, and entries, or bits, sold on a first come first served basis and advancing in position only when clicked on by legitimate users, it is a level playing field where a home based retailer and a multinational selling similar items can compete strictly on the merit of their offerings. Since each BitPage, or information profile, allows for multiple links and photos, page driver functions are more extensive than the link which appears on the front page under the chosen photograph.

Schier sums up by saying: "I am driven to succeed, and I am driven to make sure every single user who buys a bit on my site succeeds in getting the most out of that bit. Even if the user is a student who uses the site to post a picture of his friend to wish her a happy birthday and then posts pictures of her birthday party, I want to make sure he and his friend feel as welcome as a major multinational which buys ten thousand bits to list and link to every single SKU in its catalog."

The entrepreneur ascribes his philosophy of super high achievement via providing extremely high value for money paid to his beliefs as an active member of the Chassidic Jewish Chabad-Lubavitch movement. His site proudly proclaims his beliefs as his first menu link is to a page which explains the initials BS"D that appear so prominently on his site.

While his goals are indeed very high, analysts believe that Itzhak Schier will indeed establish ABillionBits.com as the legendary site that he intends it to be.

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ABillionBits is the new Internet legend which will net a billion dollars for its creator by giving SEO, page driver, display advertising and more for $1.50 per entry