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Re: Become a part of next big thing
Posted: Tue Sep 15, 2009 6:41 am
by onion2k
Hack2er wrote:onion2k wrote:papa wrote:there is no point of starting up an Italian restaurant when there is 10 others within a few blocks.
What if all 10 are always crowded and there's obvious demand for more?
True
Note though, it's
not true in the case of social networks. There are hundreds of them out there with practically no users. If you're making a new one you either need a feature that everyone wants that isn't offered by the existing networks, or a huge marketing budget. (Or no desire to monetize the service and just a drive to write it and run it for fun regardless of having very few users.)
Re: Become a part of next big thing
Posted: Tue Sep 15, 2009 6:56 am
by lord_webby
papa wrote:My point is not coming across it seems.
They're all valid points.
To the OP: What's the big incentive for people too use this new networking site? Flaunt what's good about it. Will it be designed to focus on certain elements (speed / looks / excellent video capabilities / etc)? What's the main reason for starting this new site? How will the business model work (I presume the aim is for this to become a business)? Or is it for fun - as onion said.
Things that influence me to help with a project include:
What platforms is it made on? (apache/iis+php etc)
What technologies do you plan to make use of (load balancing etc)
Where it is based uk/usa etc?
Target Market?
Benefits?
Projected Targets.
Where is the project in development now?
What projects is it similar to and how is it going to be different?
Who are you and why do you want to make this?
Re: Become a part of next big thing
Posted: Tue Sep 15, 2009 7:22 am
by Hack2er
Well, guys I am open to any objections. We are currently developing the main "social" stuff (eg. photoalbums, chatting etc.) so later this year I would like to annouce some new ideas for social networking. But if you want to participate somehow just let me know.
Re: Become a part of next big thing
Posted: Tue Sep 15, 2009 8:07 am
by Hack2er
lord_webby wrote:papa wrote:My point is not coming across it seems.
They're all valid points.
To the OP: What's the big incentive for people too use this new networking site? Flaunt what's good about it. Will it be designed to focus on certain elements (speed / looks / excellent video capabilities / etc)? What's the main reason for starting this new site? How will the business model work (I presume the aim is for this to become a business)? Or is it for fun - as onion said.
Well, the first thing is satisfaction of users. Monetization is not now very important as it is still in development (open beta). I plan to create also a special advertising system which will be applied for GigaCast and other my projects.
Your questions:
Things that influence me to help with a project include: -
Well, it's up to you as you see the potential in this project but I think that it could be interesting to see how it is growing and participate on every way.
What platforms is it made on? (apache/iis+php etc): -
Apache/PHP +MySQL
What technologies do you plan to make use of (load balancing etc):
- None yet. They aren't necessary for now.
Where it is based uk/usa etc?:
- Headquarters is in Slovak republic (Europe) and there are also servers where GigaCast run. But I am building a network of people which are participating on GigaCast project (India and China)
Target Market?:
- Worldwide
Benefits?
- What do you expect?
Projected Targets.
- Describe this question better
Where is the project in development now?
- Currently in state where the basic social stuff is being created such as chat or photoalbums
What projects is it similar to and how is it going to be different?
- Well, similiar. It has got an idea of social network but I want to add there some of my attitudes as I see social networking.
Who are you and why do you want to make this? -
I am making GigaCast because I like to create something. The idea about GigaCast fist appear in 2007 and I try to convert this idea into real life.
If you have other questions don't hasitate to write me.
Re: Become a part of next big thing
Posted: Tue Sep 15, 2009 8:23 am
by Eran
Well, the first thing is satisfaction of users. Monetization is not now very important as it is still in development (open beta).
I think the next big question is who are those users (target audience)? and what makes you believe you know what will satisfy them? have you done market research? user testing? do you offer any new value with your service or is it just another take on familiar theme?
Also, any serious business should be built around a sound business model. You don't have to create revenue right away (though that is preferable), but you should build around something that can be monetized. Collecting "eyeballs" and trying to build a business off generating ad impressions is pre-90's-bubble approach that works very rarely.
Re: Become a part of next big thing
Posted: Tue Sep 15, 2009 8:30 am
by onion2k
pytrin wrote:Collecting "eyeballs" and trying to build a business off generating ad impressions is pre-90's-bubble approach that works very rarely.
If your audience is the sort of person who'll click on adverts then it's a perfectly viable model. A friend of mine makes a good living running a DVD review website just on the ad revenue.
Again though, the problem there is that people on social networking websites generally want to stay on the website... they don't click away.
Re: Become a part of next big thing
Posted: Tue Sep 15, 2009 8:35 am
by Hack2er
onion2k wrote:Again though, the problem there is that people on social networking websites generally want to stay on the website... they don't click away.
Basically it depends on the targeting of the ad. Ads will open in new tab/window so user will stay on the site. And the second thing is there could be also ads which are payed for just showing up.
Re: Become a part of next big thing
Posted: Tue Sep 15, 2009 8:39 am
by onion2k
Hack2er wrote:Basically it depends on the targeting of the ad. Ads will open in new tab/window so user will stay on the site.
No, what I mean is that people on sites like Facebook don't click on anything that will distract them from Facebook itself. It doesn't matter how the link works. It won't get clicked.
Hack2er wrote:And the second thing is there could be also ads which are payed for just showing up.
That's true, but that sort of web marketing is all but dead. There's very little money in it now simply because PPC marketing is proven effective while PPI isn't.
Re: Become a part of next big thing
Posted: Tue Sep 15, 2009 8:44 am
by Hack2er
Hack2er wrote:And the second thing is there could be also ads which are payed for just showing up.
onion2k wrote:That's true, but that sort of web marketing is all but dead. There's very little money in it now simply because PPC marketing is proven effective while PPI isn't.
You would be surprised but this kind of ads are still working

.
Re: Become a part of next big thing
Posted: Tue Sep 15, 2009 8:47 am
by onion2k
Hack2er wrote:You would be surprised but this kind of ads are still working

.
Given that I work on marketing intelligence with both PPC and PPI campaigns every day, and I have done for several years, yes, I'd be
very surprised if I was wrong.
Re: Become a part of next big thing
Posted: Tue Sep 15, 2009 8:54 am
by Eran
A friend of mine makes a good living running a DVD review website just on the ad revenue.
I'm not saying there is no money in advertising. Some businesses generate significant revenue from it. But just saying bring all the people now and later monetize them with ads is not a real business model. Also, a business which is recruiting developers on forums and offering options/stock is not the same one person making a nice living off ad revenue. The "next big thing" should be much more enticing than nice living from ad revenue.
Re: Become a part of next big thing
Posted: Tue Sep 15, 2009 9:15 am
by Hack2er
pytrin wrote:A friend of mine makes a good living running a DVD review website just on the ad revenue.
I'm not saying there is no money in advertising. Some businesses generate significant revenue from it. But just saying bring all the people now and later monetize them with ads is not a real business model. Also, a business which is recruiting developers on forums and offering options/stock is not the same one person making a nice living off ad revenue. The "next big thing" should be much more enticing than nice living from ad revenue.
I didn't say that only income would be just from ad revenue. As the time goes the potential of monetization is huge.
Re: Become a part of next big thing
Posted: Tue Sep 15, 2009 9:15 am
by Hack2er
onion2k wrote:Hack2er wrote:You would be surprised but this kind of ads are still working

.
Given that I work on marketing intelligence with both PPC and PPI campaigns every day, and I have done for several years, yes, I'd be
very surprised if I was wrong.
It is still used eg. Google Adsense
Re: Become a part of next big thing
Posted: Tue Sep 15, 2009 9:34 am
by Eran
As the time goes the potential of monetization is huge.
What is the basis for your claims? outside of your personal opinion, of course. To make someone interested you need to show you've put some thought behind it.
Re: Become a part of next big thing
Posted: Tue Sep 15, 2009 9:56 am
by onion2k
Hack2er wrote:onion2k wrote:Hack2er wrote:You would be surprised but this kind of ads are still working

.
Given that I work on marketing intelligence with both PPC and PPI campaigns every day, and I have done for several years, yes, I'd be
very surprised if I was wrong.
It is still used eg. Google Adsense
I didn't say it's not used, I said it's not used
much. In a few very specific niche market websites it's a still popular, but they're quite unusual, and you need significant traffic (50,000+ unique visitors/day) to make any money from it.