mjs00
Joined 15 years ago
Joined 15 years ago
Market: Profit-minded folks who want to do the next AirBnB in another vertical, but don't want to code the core of their business. Strategy: Market to entrepreneurial business/MBA types at universities nationwide to set something up at their campus for sharing among students, or sharing in their local community. (You'll probably want to help share best practices/best verticals to tackle)
Market: Existing communities where this would be a nice additive feature to add to their community (ie Mom's groups) Strategy: Ideally target platforms for communities, like BigTent for Mom's groups, then then can roll out to hundreds of communities in a vertical. Otherwise, set up key verticals (like Mom's groups) and market to them the ability to set up a sharing service for their communities (ie: Mom's groups; toys, sporting equipment, video games/movies).
Market: Businesses that would like to add the feature to engage a local community and ultimately drive leads to their core business. (Home Depot/Tools, REI/Sporting goods, etc.) Strategy: Ideally target national chain that can roll out hundreds of sharing locations around each of their stores. They will see this as a marketing initiative to build community and leads. If you can't close the big guys, target the local #2 independents in local markets to give them a differentiating tool against the local big box.
Market: Existing 'barter' exchanges ( http://www.gigafree.com/barter.html ) Strategy: Enable something new for a barter exchange; enable something new for platforms that support barter exchanges (assuming that you are doing something additive rather than competitive)
You can also look at your current customers and see if anything generalizable about them in terms of markets, then think about your entry strategy into that market.
1) Developers: accurate description of product | too verbose/features rather than benefits 2) Non-technical marketing: grammatically correct | disconnected features/benefits/lack of story/too much 'sell' 3) Contract writers: Good story | expensive and time consuming to get writer to point of understanding
The best sites I feel do a good job of understanding what the company's 'secret sauce' is (often what is missing - the sustainable/differentiable/competitive advantage). They have a simple/compelling narrative connecting potential users with the benefits and key features of the solution. And it's usually a very healthy amount of back/forth between 1-2 or 1-3 to get there.
If you don't get any bites on your request, you might consider expanding on what you feel the 'thorn' is. Are you technical, and need help crafting a compelling story? Or do you enjoy writing but are having a hard time extracting benefits and a story from a list of features?
If you are not targeting a single vertical, but instead are a platform targeting any vertical, pick the top three verticals that have or will adopt first as the basis of your next few years.
Your % adoption against verticals market size will get your working forecast to show investors - and debating the (small) percentage of each vertical I think easier than defending an absolute market size number.
You might also consider making an analogy to adoption of online commerce against traditional commerce, and what that meant for supporting tools/platforms/etc, if that helps your case..
Relatedly, you can use the company name as part of product name for products (Company ProductA, Company productB), this can help you with trademarks and avoiding problems with others when you want your product name to be descriptive but it would be otherwise generic w/o your company name as part it.
Post a smallish job with a key element or two you will need (as a test). Require that you only want to hear from folks who have delivered very similar work and can provide links to it, and ask a pertinent question they should be able to answer in their response.
Ignore the folks that are not responsive to your request as dozens of individuals and outsource groups will respond yes to everything and reply only with a generic reply of work done.
Award the simple project to multiple folks who look like they've tackled things similar to what you want, done in a style you like. Set very specific milestones and structured release of payments for work against that and pay promptly. After completion, pick from them who to work with going forward on your project
BTW, I disagree with 'run-off' method. I think results of test are biased if they feel know are trying to win bigger job. Much better I think to assess completed small project, then offer a larger job only to those that you feel you would want to continue to work with on a larger or more extended basis.
http://www.telestream.net/screen-flow/overview.htm
I've used to create many in house training sessions years ago - it will record your lecture (video/audio) via the Mac's camera/mic while simultaneously capturing whatever you are doing or demo-ing on the computer screen.
Maybe a slight repositioning as something 'practical' that considers responsible folks consume at different rates - have it know who is in the group, who is 'in' for each round (as folks consume at different rates), then when final bill comes in, it will do a proportional split of final tab based on who is in each round, (also potentially relative drink pricing if different costs beer/mixed/wine), and tipping suggestion for each based on a value you set (18% / 20% / ??). Then app is more friendly to the group, and benefit is you don't overpay/overtip individually or as a group when maybe not thinking clearly when you settle.
You could even add a game element on who's paying the round, or based on random, ongoing bets, ??
There is something called 'common law' trademark where just by use a company creates a trademark. You didn't mention if they claim (TM) which anyone can around a mark w/o registration. Odds are if they started to use first, you wouldn't be able to get them to stop, but if you are second to a category with the same name, they might have the option to stop you. But if they don't claim (TM), you could take the stance that the name is generically descriptive, and something no-one can trademark, and move forward under that basis. But then you leave open potential for others to use name as well.
Email [ mjs at vbm.com ].