Hello Fastlaners, I am about to spur into action but i need a second opinion. My idea is a classified ad page for job ads.
Where I am from there's 1 big competitor, and hes well known. But there's none else worth mentioning. This might sound like a me too business.. Theres also allot of other pages when i do a google search for jobs. Regardless of this, the biggest competitor is charging a huge chunk of money because they have branded well. But ive been talking to Recruiters and business owners that think the price is to high, (kinda like mjs customers was resentful to the yellow pages)
My plan to make this work is to make a simple classified job page and build it from there with seo and learn coding. What im thinking of doing different from the biggest competitor is Blasting all my money on Advertising to brand the name in peoples mind like hell. and steal users from them. Also charge lesser pr ad, and so on. They also have profits of 320 mill NOK in 2010 and 160 mill NOK in employer cost. I think i can fight with them because their way to comfortable. 5-6mill = 1mill USD dollar.
Now there is one more issue thought. The competitor also have classified ads for regular stuff like "ebay" and for used cars, houses and basically everything. But there main source of income is from job ads. I dunno if this should concern me.
Well this was a brief explanation, I haven't been my self lately im constantly thinking about getting an idea so i can start WORKING. But it has been hard, so I want your 2 cents on this idea before i go insane :smx4:
Cheers
Where I am from there's 1 big competitor, and hes well known. But there's none else worth mentioning. This might sound like a me too business.. Theres also allot of other pages when i do a google search for jobs. Regardless of this, the biggest competitor is charging a huge chunk of money because they have branded well. But ive been talking to Recruiters and business owners that think the price is to high, (kinda like mjs customers was resentful to the yellow pages)
My plan to make this work is to make a simple classified job page and build it from there with seo and learn coding. What im thinking of doing different from the biggest competitor is Blasting all my money on Advertising to brand the name in peoples mind like hell. and steal users from them. Also charge lesser pr ad, and so on. They also have profits of 320 mill NOK in 2010 and 160 mill NOK in employer cost. I think i can fight with them because their way to comfortable. 5-6mill = 1mill USD dollar.
Now there is one more issue thought. The competitor also have classified ads for regular stuff like "ebay" and for used cars, houses and basically everything. But there main source of income is from job ads. I dunno if this should concern me.
Well this was a brief explanation, I haven't been my self lately im constantly thinking about getting an idea so i can start WORKING. But it has been hard, so I want your 2 cents on this idea before i go insane :smx4:
Cheers
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