New concept (or maybe not! lol)
It's been a while since I've been around! So busy!!
I hope everyone is doing well
So I'm working on a new marketing concept and thought I should post here to get some feedback. PLEASE accept my apologies now - I can't share the specific market but the concept could be applied to many markets!
So basically I'm building a directory listing site for a niche market.
The concept itself is different. So basically, the businesses will provide a free trial /discount (product, service, etc) to every member once. In exchange, they get a basic listing for free.
My revenue streams are:
Businesses can upgrade to a paid premium listing.
Since all visitors to my website will have to register to use the directory, I will create a pretty big mailing list. I will then sell some advertising to the businesses as it will be a targetted mailing.
I will also sell ranking on my site. So if someone searches for plumber in ABC city, they can pay to be at the top of the list.
I will also sell advertising blocks on my site.
Members can also purchase a yearly membership (low fee) to have additional perks.
So in a nutshell, that's my concept! Businesses are excited as it's an exchange of services and they are SO on board! I had to figure out how to make money... Of course, it's still at the concept phase so not making money...yet :p
But the feedback I've been getting is awesome!
Once I get the traffic, the advertising options will be an easy sell!
Again, my apologies but I cannot share the niche at this point...but I believe the concept in itself can be applied to many areas!
I appreciate your feedback!
Deliver Bigger.
Thanks for reading!
Chantal
"Before you try to satisfy the client, understand and satisfy the person."
Deliver Bigger.