michael engstrom
lancaster, PA (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
The Income Store
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Startup
Location:
Lancaster
Industry:
Internet
Year Founded:
2009
Number Employees:
100-250 people
Business Stage:
Growth (profitable)
Entity Type:
"C" Corporation
Description:
Income Store, part of Today's Growth Consultant, a 6-Time Inc.500/5000 honoree, is in there 26th year in business. Income Store builds and buys revenue generating websites.
To date, they are partnered on over 910 revenue generating website assets seen by over 200 million people each year. Income Store's model is similar to real estate rental property and franchising. Income Store finds the best locations and categories to build or buy, then seeks a partner to fund the project in exchange for a percentage of (URL removed)ilar to a real estate agent, Income Store acts as an agent and then manager, finding or building "Revenue Generating" websites for individuals, groups and funds. They refer to the individuals, groups and funds as "Site Partners".
Income Store uses the term Site Partner because they have skin in the game. Instead of getting paid an upfront fee, like a real estate agent, Income Store receives a revenue share on each site purchased or built.
Income Store is unique on many levels. They are the only company that acts as the "Buyer/Builder - Host - Manager – Content Writer - Marketing Agency - Monetization Agency and Maintenance Arm" for a website purchase or build-out. What makes them truly unique is that they perform all of the aforementioned services on a "pay per performance" basis. If the site partner doesn't make money, Income Store doesn't make money. Income Store protects all site partners with a "Consulting Performance Guarantee."