- Impact
- 50
I know a little something about the challenges of running a local-based internet business. If you do your research, many of my competitors (imandi.com, handshake.com, efrenzy.com, servicelane.tv, etc) tried and failed in the late 90s. Even Respond.com was a failure, since the company known today as Respond.com is the old netgenShopper.com team and the Palo Alto office of Respond was closed down.
So I want to start a conceptual discussion. Just a discussion on the challenges I faced when building Respond in the local search space.
So if you plan on launching a GEO TV (or any internet domain) you need two criticial elements to make money. You need eyeballs and you need advertisers.
Let discuss Eyeballs.
So Associated Cities has a REAL advantage in this area. They get type in traffic. Its free traffic. They don't have to concentate on buyer acquisition deals like the $8M dollar deal I had to do with Lycos to get placement all over Lycos's network of sites
http://pcworld.about.com/news/Jan022001id37341.htm?terms=merchant+new
So if you operate a GEO TV or a TV site, how are you going to get eyeballs? Without eyeballs, no one will watch the videos. Advertisers won't advertise. And you won't make money.
Associated Cities doesn't have to worry as much about eyeballs. They can concentrate most of their energy on advertiser acquisition. That removes 50% of the problem....an unfair advantage.
This is the #1 reason why internet companies fail. That don't get a criticial mass of eyeballs. We had the advantange of paying AOL, Excite, Lycos, IWon and the others millions of dollars for DEEP integration. I had a BD team to get netgen/Respond a deal with Verizon Superpages and Quest Dex.
Imandi.com had Paul Allen and DEEP integration of large sites and they couldn't get enough consumer eyeballs. In fact, I remember playing pool one night at a netgenShopper function and someone pointing to the TV. Imandi had a commercial of maids wrestling playing on CNN. They went out with a large TV ($20M) ad blitz and still couldn't get enough consumer eyeballs to make it work. They paid other site owners $5 for any local user that signed up with Imandi and couldn't critical mass. My BD ran up to me going, "George they are going to kill us". Guess I was smart (or stupid), I told them not to worry.
http://www.users.uswest.net/~pdshaffer1/
http://www.clickz.com/showPage.html?page=166331
http://www.accessmylibrary.com/coms2/summary_0286-27677441_ITM
TO THE QUESTION?
So, how can you get eyeballs to your great looking launched .TV site without having to wait years for type in traffic to catch up to .COM or .NET?
For the GEO TV owners, how are you going to get eyeballs in MainStreet USA, when you might not live in MainStreet USA?
Before Coke wants to advertise on your site, you better have an answer to this question........
So I want to start a conceptual discussion. Just a discussion on the challenges I faced when building Respond in the local search space.
So if you plan on launching a GEO TV (or any internet domain) you need two criticial elements to make money. You need eyeballs and you need advertisers.
Let discuss Eyeballs.
So Associated Cities has a REAL advantage in this area. They get type in traffic. Its free traffic. They don't have to concentate on buyer acquisition deals like the $8M dollar deal I had to do with Lycos to get placement all over Lycos's network of sites
http://pcworld.about.com/news/Jan022001id37341.htm?terms=merchant+new
So if you operate a GEO TV or a TV site, how are you going to get eyeballs? Without eyeballs, no one will watch the videos. Advertisers won't advertise. And you won't make money.
Associated Cities doesn't have to worry as much about eyeballs. They can concentrate most of their energy on advertiser acquisition. That removes 50% of the problem....an unfair advantage.
This is the #1 reason why internet companies fail. That don't get a criticial mass of eyeballs. We had the advantange of paying AOL, Excite, Lycos, IWon and the others millions of dollars for DEEP integration. I had a BD team to get netgen/Respond a deal with Verizon Superpages and Quest Dex.
Imandi.com had Paul Allen and DEEP integration of large sites and they couldn't get enough consumer eyeballs. In fact, I remember playing pool one night at a netgenShopper function and someone pointing to the TV. Imandi had a commercial of maids wrestling playing on CNN. They went out with a large TV ($20M) ad blitz and still couldn't get enough consumer eyeballs to make it work. They paid other site owners $5 for any local user that signed up with Imandi and couldn't critical mass. My BD ran up to me going, "George they are going to kill us". Guess I was smart (or stupid), I told them not to worry.
http://www.users.uswest.net/~pdshaffer1/
http://www.clickz.com/showPage.html?page=166331
http://www.accessmylibrary.com/coms2/summary_0286-27677441_ITM
TO THE QUESTION?
So, how can you get eyeballs to your great looking launched .TV site without having to wait years for type in traffic to catch up to .COM or .NET?
For the GEO TV owners, how are you going to get eyeballs in MainStreet USA, when you might not live in MainStreet USA?
Before Coke wants to advertise on your site, you better have an answer to this question........
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