I’d like to pose a challenge to all entrepreneurs or established companies who are looking to increase their distribution (and business) in the digital media world. I’m friendly advising someone/company that has legal access to over 750,000 US Internet users and we are trying to come up with new ways to monetize the audience.
Distribution will come from access to a ‘portal’ like page and thru email announcements. How can we monetize these better and/or release a new product/service/solution to this audience.
Since we probably aren’t going to build new businesses around this, we are looking to potentially partner (through business development arrangements) with entrepreneurs like you. We are looking to hear from entrepreneurs or established companies who have a product/service/solution in the market today, or have an “idea” of what we could potentially pursue.
Think of this as a RFI: Request for Information. The ultimate prize is having access to the userbase which should help us increase our revenue (top and bottomline) and add value to the community. In most cases, should you be picked, you would receive a business development arrangement that is mutually exclusive. There is potential for us to fund “ideas,” but that is in a case by case basis.
Interested? You can fill out this form.
Feel free to spread the link to anyone: http://snurl.com/2vvbw
I’ll be closing the entries at the end of next week (7/18/08).
Happy entrepreneuring!
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July 10th, 2008 at 3:23 pm
Game on!
July 10th, 2008 at 3:23 pm
[...] friend Darren Herman has issued a very interesting challenge on his [...]
July 11th, 2008 at 6:11 pm
[...] I had the opportunity to work with Darren Herman who leads the digital media team at the Media Kitchen. Darren is an entrepreneur himself and is always looking to contribute back to the startup community. His latest contribution? A challenge to all entrepreneurs, business development gurus, and deal making czars who are looking to get more distribution for their product, service or website - check it out:What would you do with 750,000 Internet users? [...]
July 11th, 2008 at 11:01 pm
Interesting Darren. Can you supply more info? Who are these 750K users? What kind of data/insight do you have on this audience? How frequently do they visit the portal page and what’s in it for them? What’s the open rate on those email announcments?
July 12th, 2008 at 4:06 am
I’m a huge fan of thought exercises, and filled out your form. However you didn’t provide nearly enough details for me to provide any kind of recommendation I’d put my name behind. See if you can reply to me and give me some more background =)
July 18th, 2008 at 9:55 am
[...] Speaking of ideas to monetize an audience, Darren Herman of Media Kitchen is looking for a partner to help him monetize his audience of 750,000 unique monthly visitors. It’s no wonder. Even at 100 pageviews per month, that’s only 75MM pageviews, which at $0.36 CPM, could be bringing in roughly $27k/mo. You can respond to his challenge here. [...]
July 24th, 2008 at 2:29 am
[...] few weeks ago, I wrote about a challenge Darren Herman posted on his blog. The title of my post, and the challenge itself, was “What would you do [...]