Tycoon Talk
Become a Big fish!
The number 1 forum for online business!
Post topics, ask questions, share your knowledge.
Tycoon Talk is part of Freelancer.com - find skilled workers online at a fraction of the cost.

Internet Marketing Tycoon


You are currently viewing our Internet Marketing Tycoon as a guest. Please register to participate.
Login



Reply
To charge $ or not to charge $.....
Old 08-10-2005, 02:41 AM To charge $ or not to charge $.....
Novice Talker

Posts: 11
Trades: 0
I am in the processes of completing my website and have a question.

I offer a service to people that is kind of like a resume profile service. A person can pay a monthly, quarterly, or yearly fee to post a resume of their work on my site.

I was wondering if people could tell me what the smartest method would be to get it going and to look like it is popular. I was thinking of offering about 20 people a free subscription to my service just to get some resumes. Then it will look like it is moderatley popular to new visitors. Do you all think this is smart, or should I not sacrifice the revenue to free subscribers.

My fear is that if I do not have some people already registered, no one will have confidence in my site to initially pay the fee to get listed.

Any words of wisdom will be greatly appreciated.
hockmasm is offline
Reply With Quote
View Public Profile
 
 
Register now for full access!
Old 08-10-2005, 07:42 AM
monkey's Avatar
Ultra Talker

Posts: 487
Trades: 0
id offer the first 500 users free accounts, and advertise on a bunch of sites. gotta be willing to spend money to make some money.
__________________

Please login or register to view this content. Registration is FREE
|
Please login or register to view this content. Registration is FREE
|
Please login or register to view this content. Registration is FREE
|
Please login or register to view this content. Registration is FREE
|
Please login or register to view this content. Registration is FREE
|
Please login or register to view this content. Registration is FREE
monkey is offline
Reply With Quote
View Public Profile Visit monkey's homepage!
 
Old 08-10-2005, 10:20 AM
Skilled Talker

Posts: 93
Trades: 0
I think you are right, you need to have a decent membership base to attract paying customers but you can't build that base without members, kind of rock and a hard place or the chicken and the egg thing. I agree with monkey, you should offer the service for free until you build the base up enough to start charging, and I don't think 20 people is near enough,monkey's suggestion of 500 is better. It will not be a quick revenue generator either way you go, but then again any internet business rarely is, contrary to popular beleife, the Internet is not the raod to fast cash but longevity and name recognition will lead to a successful internet business and the name recognition comes from advertsing and of course word of mouth from 'satisfied' customers, I say that again, 'satisfied' customers.

Posting a resume to a website means nothing if employers aren't browsing it and actaully hiring people from your site. What fueled Monster.com's success was mainly word of mouth from both job seekers and employers who had a positive experience, employers told other employers that they found great employees on the site and job seekers told other friends that they found a great job on there. And one thing about monster it's free to post a resume, the employers pay the membership fees to search for employee's. Which makes sense, people out of work usually are pretty tight with their cash while HR people are spending the companies money and not there own so they are much more likely to shell out for a membership. Either way you need to market to both sectors for it to be successful and I would offer the service for free to both until you get a sizable base and a good reputation.

Good luck!
Love2sail is offline
Reply With Quote
View Public Profile
 
Old 08-10-2005, 11:00 AM
KML9870's Avatar
One Bad Mamma :-)

Posts: 5,489
Name: Kandi
Location: Western NY
Trades: 0
I work in physician recruitment every day. While doctors & practice administrators are a little different than most other members of the general population when looking for a match, some things stay the same. It's the hiring party that is willing to pay a fee as Love2sail pointed out. Even physicians are not willing to pay a fee to list on the websites we run or other websites we advertise on. Some job hunters may be willing to pay for a resume/cover letter writing service but on the whole a site like you are suggesting will make revenue from the employers.

Love2sail also correctly stated that you need to market your site & services to both groups - the employers & the employees. I would suggest an ad in your local newspapers help wanted section to get things started as well as offering your service for free until you build a decent base.
__________________
~~Kandi~~

Please login or register to view this content. Registration is FREE


KML9870 is offline
Reply With Quote
View Public Profile
 
Reply     « Reply to To charge $ or not to charge $.....
 

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off





   
RSS Feed  Feeds: RSS   JS   XML
RSS Feed  Feeds for this forum: RSS   JS   XML



Page generated in 1.68546 seconds with 12 queries