I’ve been juggling the idea of starting a conventional type business like an e-commerce store or drop shipping biz but I’ve had this unique idea for a while and I’d like to know what you think.
Basically this is a niche site about auto racing that allows fans the opportunity to read reviews and information about certain tracks and races. I’ve learned that starting businesses that help people is key to success and I’ve also learned that there is a market for a site like this.
The design
I’m not a web designer by any means, I just did this layout on Microsoft Word so I know what to how my web designer.
The home page is basic which is what I’m aiming for. When the user arrives on the homepage the title is on the top and there is a table of about 20 or so tracks listed. Ads will be displayed on both sides and the user can choose what track he/she is interested in viewing. Here is a rough sketch of the home page:
http://i81.photobucket.com/albums/j220/djsamson1313/sitedesign2.jpg
After the user chooses a track a new page will appear with which the site is based on. Here is what that page would look similar to:
http://i81.photobucket.com/albums/j220/djsamson1313/sitedesign1.jpg
I'll be managing all the pages with Joomla since my designer is building it using open source management.
The Business Side
So I feel like I have the mechanical side finished but I’m still working on the numbers. The site will produce the majority of income from advertising and affiliate sales. As you can tell from the second page, I will be using Orbitz and GreatSeats.com as my partner companies.
Orbitz affiliate program looks like this:
This is where I’ve decided to bring in advertising. I was thinking about Google Ads but that seemed a bit slowlane. I’m now thinking about having my web designer leave advertising spaces and then sending out a business letter offering advertising space for race tracks and their races. I think if I could establish sufficient traffic I could make a killing because race track promoter’s marketing budgets are huge. Overall the site design is going to cost me about $500-$1,000.
I’d like to ask you two questions:
1.) Is it too risky to bank the success of my site on advertising? Would affiliate sales be able to carry my expenses?
2.) What do you think of my idea?
Thank you
Basically this is a niche site about auto racing that allows fans the opportunity to read reviews and information about certain tracks and races. I’ve learned that starting businesses that help people is key to success and I’ve also learned that there is a market for a site like this.
The design
I’m not a web designer by any means, I just did this layout on Microsoft Word so I know what to how my web designer.
The home page is basic which is what I’m aiming for. When the user arrives on the homepage the title is on the top and there is a table of about 20 or so tracks listed. Ads will be displayed on both sides and the user can choose what track he/she is interested in viewing. Here is a rough sketch of the home page:
http://i81.photobucket.com/albums/j220/djsamson1313/sitedesign2.jpg
After the user chooses a track a new page will appear with which the site is based on. Here is what that page would look similar to:
http://i81.photobucket.com/albums/j220/djsamson1313/sitedesign1.jpg
I'll be managing all the pages with Joomla since my designer is building it using open source management.
The Business Side
So I feel like I have the mechanical side finished but I’m still working on the numbers. The site will produce the majority of income from advertising and affiliate sales. As you can tell from the second page, I will be using Orbitz and GreatSeats.com as my partner companies.
Orbitz affiliate program looks like this:
GreatSeats.com offers 8% on all tickets which is the best I could find. $8 on a $100 transaction doesn’t sound amazing but the Orbitz numbers don’t look amazing either. I personally wish I could sell the race tickets directly but I’ve been researching for hours and I can’t find any way to do this.What can we offer you?
- We pay commission on:
- Air: $5.00 USD for each air ticket
- Hotels:
- $6.00 USD for each retail hotel transaction
- $12.00 USD for each merchant hotel transaction
- Car Transaction: $4.00 USD for each car transaction.
- Cruise Transaction: $25.00 USD for each cruise transaction.
- Vacation Packages: $30.00 USD for each vacation package transaction.
This is where I’ve decided to bring in advertising. I was thinking about Google Ads but that seemed a bit slowlane. I’m now thinking about having my web designer leave advertising spaces and then sending out a business letter offering advertising space for race tracks and their races. I think if I could establish sufficient traffic I could make a killing because race track promoter’s marketing budgets are huge. Overall the site design is going to cost me about $500-$1,000.
I’d like to ask you two questions:
1.) Is it too risky to bank the success of my site on advertising? Would affiliate sales be able to carry my expenses?
2.) What do you think of my idea?
Thank you
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