Alexandrerj
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- Joined
- Jan 10, 2020
- Messages
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When I read the Millionaire Fastlane Book I had an Idea and I want to have your feedback and be sure to don’t violate the 5 commandment
The idea is to build an online magazine for woman with promotion code from different industries like
- Massage therapy
- Hairdressing
- Nail Manicure
- Spa
- Jewelry
- Yoga
- Bikini
I’ve approached 25 business owner and 5 of them are interested..
So if I started at the beginning of the commandment
1- Control:
I can charge a monthly subscription or an annual subscription and eventually change that to take a small pourcentage of each promotion order
(I would like to know your opinion for the pricing model)
2- Entry
On a scale of 1 to 10. I put the level of entry on a 7 because I need to contact every business owner, make appointment, build partnership, close them, Build the website, create their ad promotions publish on social media and expend ...
(So it’s a process not an event)
3- Need
Customers: The desire to save time and money.
Business Owner: Finding new customers at a low cost.
4- Time
I can eventually systematize and automate the website
5- Scale
I can eventually open new cities..
after some research, I have some big competition
in the lead generation business and the coupon business but my plan to be different is
1. Niche down; This is why I want to focus on the woman
Like I explained to the Bikini business owner:
“ Imagine a girl buying a promotion for a Spa day and she see a promotion on a bikini.. does she could buy?”
or
“If a girl buy a promotion on a dress for an event and she see a hairdresser promotion, does she could buy?”
2. Don’t know if it’s a good idea but I want to create a waiting list for the promotion because I want to activate the coupon every 9 of each month at 9 o’clock for 9 days.
(I learn this technique from Greta Van Riel with her ecommerce The 5th, let me know what you think)
3. I will donate 1$ for every promotions sold to the animal refuge.
For the pricing side:
I want to start to charge a monthly fee to the business owner to replace my salary and expand and eventually take a fee on each transaction..
My biggest problem for now is:
I don’t know how to charge to the business owner and this is where I need your help.
What would you do, monthly subscription, Annual Subscription, fee pourcentage directly at the beginning and which kind of service?
Thank you.
The idea is to build an online magazine for woman with promotion code from different industries like
- Massage therapy
- Hairdressing
- Nail Manicure
- Spa
- Jewelry
- Yoga
- Bikini
I’ve approached 25 business owner and 5 of them are interested..
So if I started at the beginning of the commandment
1- Control:
I can charge a monthly subscription or an annual subscription and eventually change that to take a small pourcentage of each promotion order
(I would like to know your opinion for the pricing model)
2- Entry
On a scale of 1 to 10. I put the level of entry on a 7 because I need to contact every business owner, make appointment, build partnership, close them, Build the website, create their ad promotions publish on social media and expend ...
(So it’s a process not an event)
3- Need
Customers: The desire to save time and money.
Business Owner: Finding new customers at a low cost.
4- Time
I can eventually systematize and automate the website
5- Scale
I can eventually open new cities..
after some research, I have some big competition
in the lead generation business and the coupon business but my plan to be different is
1. Niche down; This is why I want to focus on the woman
Like I explained to the Bikini business owner:
“ Imagine a girl buying a promotion for a Spa day and she see a promotion on a bikini.. does she could buy?”
or
“If a girl buy a promotion on a dress for an event and she see a hairdresser promotion, does she could buy?”
2. Don’t know if it’s a good idea but I want to create a waiting list for the promotion because I want to activate the coupon every 9 of each month at 9 o’clock for 9 days.
(I learn this technique from Greta Van Riel with her ecommerce The 5th, let me know what you think)
3. I will donate 1$ for every promotions sold to the animal refuge.
For the pricing side:
I want to start to charge a monthly fee to the business owner to replace my salary and expand and eventually take a fee on each transaction..
My biggest problem for now is:
I don’t know how to charge to the business owner and this is where I need your help.
What would you do, monthly subscription, Annual Subscription, fee pourcentage directly at the beginning and which kind of service?
Thank you.
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