Is SMS a viable business idea?
I have seriously been thinking about starting with providing SMS marketing services. From here I believe I could easily expand into other types of marketing and even build websites eventually. I would begin with the SMS, move into building Facebook and Twitter accounts for people, provide increased local search marketing, and other services.
I was looking for more information about how to go about doing this. I ended up on Wikipedia eventually. I found this page Mobile marketing - Wikipedia, the free encyclopedia which offered a few different ideas about mobile marketing and SMS marketing, but it didn't cover enough information to help me understand what I am really getting into.
I found several platforms online which provide a variety of services. I am not positive I understand the exact pricing of the services though. If I understand this properly, I need to pay a company a fee each month for messages sent, as well as a monthly fee to another website to actually have a network?
My real concern is in relation to the legal side of things. Are there laws about mobile marketing that I should be aware of? If someone agrees to opt in, and I am able to provide methods for them to opt in, do I really have to worry about this? I know I hear local radio stations advertising contests to get people to sign up for a SMS marketing campaign.
Do any of you have any experience in building a business by offering text message marketing to local businesses? Are there things I should know about before I get started? Do you have any advice that would help me build my business as quickly as possible?
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