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Online wish-list business... can it be successful and how? |
I am in the process of starting an online wish-list business where you would be able to make a wish-list of any gifts you want for any occasion... birthday, wedding, anniversary, and so on. Once a person makes this list of gift ideas... they would be able to send an e-mail invitation to any friends or relatives. This would be a free service but the question is how do I make money doing this? Maybe arrange some kind of partnership with local stores to advertise on the website? Does anyone have any ideas? I am also open to any other similar online business ideas if anyone would like to share them with me. I am a web designer myself so I plan to do all this on my own... the ideas are the hard part. If it is free, the only way that you can make money from it is through ads. You should also consider, running google ads for other types of ads that you are paid when someone clicks the ad. I think it is a poor business model to offer this as an entirely free service. As a business owner you must make money somehow and unless you have advertisers that are already lined up to pay for ads, you will be hemorraging money. Problem is that advertisers only want to advertise where there is already proven traffic of their target audience. |
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