Forum Moderators: phranque
Even I have though about a few such sites, that are simple in logic but can pick up great interest and revenue. Can somebody tell me how to go about promoting them. Obviously, SE marketing and other conventional ways would not reach the correct persons.
His idea was stupid. He, however, is not.
I know what you're saying, but you're only correct if you look at it in pure isolation as a long-term business model.
The truth is, I don't think the guy is a marketer and nor was he looking for a long-term business. He simply thought "this seems like a good idea that won't take a lot of effort and might work if I can get the press behind it".
That is a good idea. Actually, it's a great idea. And I don't think that any more thought went into it than that. The marketing was handed to him on a plate by the press - he didn't make that happen, they did.
A lot of WebmasterWorld members make a lot of money, and have made a long-term business, out of having a succession of "stupid ideas". If you can keep 'em coming, then you have a business. Then you're a marketeer.
TJ
The marketing was handed to him on a plate by the press
So, a bit of luck didn't hurt. I still can't see how the idea itself is a piece of genius. If it wasn't for the publicity it attracted hardly anyone would have bought pixels. To me that means
Idea = Stupid
Publicity = Stupendous
I don't think that its creator realised just how good an idea it would actually prove to be, but that doesn't automatically make it a stupid idea.
If I understand your posts correctly, you're ascerting that if an internet marketing professional had come up with that idea, it would have been dismissed and never got off the ground.
I disagree with that ascertion. An internet marketing professional would have immediately understood the value in it's novelty.
TJ
If it wasn't for the publicity it attracted hardly anyone would have bought pixels.
I think you're trying to separate the "idea" from the "publicity" too much. They're completely dependant. The idea is the publicity, and the publicity is the idea.
To quote the original creator from his blog on the day of launch (pre-publicity):-
I thought, this could be something crazy enough to work! Because I think people like crazy/quirky ideas. If this captures people's imaginations and people check out the site, then the pixels on the homepage will have value - and people will buy them (to display their ads etc). That's the theory anyway. The way I see it though: I've got nothing to lose by trying. And I'm sure it'll be fun.
(emphasis is mine)
What's so flawed with that thought process that makes it stupid?
Seems to me he was proved absolutely correct. Even if he had failed, there is nothing wrong with the idea.
TJ
But, when you can actually think you can create a hype that lasts for a year which can make you a million, why not. For that matter, you now have one full year to think over another trend setting stupid idea.
By the way, I would like to know from you if not for press, how 'should' we go about promoting a site like this. Is success on a site like this, besides press, impossible?
[edited by: trillianjedi at 3:31 pm (utc) on Jan. 3, 2006]
[edit reason] obfuscated domain name - that one actually exists ;-) [/edit]
just how good an idea it would actually prove to be
The page is popular, not good. I think we'll have to agree to disagree. :)
I think we'll have to agree to disagree.
Hehe - I respect your posts far too much to ever pick a fight with you anyway OddSod ;-)
I posted a couple of times to clarify as I thought we might be at cross-purposes, eg:-
The page is popular, not good.
The product/page is rubbish, no-one's arguing with that. It's the idea behind the product that I'm arguing is good.
Good ideas often outsell good products.
TJ
The product/page is rubbish, no-one's arguing with that. It's the idea behind the product that I'm arguing is good.
Semantics really. Personally, I don't think the site's design is too bad. However, our main difference seems to be on the inherent value of core idea itself. As I've stated, I believe the idea is stupid. A marketing plan - or a confidence that the marketing plan will work - does not add any merit to the underlying idea itself.
I need to go somewhere now but I will come back to your post in a bit, TJ. In particular it would be interesting to discuss where an idea ends and marketing begins. Hopefully, that will be very much on-topic.
Semantics really.
Possibly.
Also, I wasn't referring to design - I was referring to the likely performance of the adverts for the advertisers. The "product" is rubbish.
However, our main difference seems to be on the inherent value of core idea itself.
It's inherrent core value is a given fact by the very nature of the design of the idea. It's something less or equal to $1,000,000 less overheads.
As I've stated, I believe the idea is stupid.
Whereas I believe it was a good idea. A very good idea, for the following reasons:-
1. Built in a few hours
2. Very low overheads
3. Catchy name and novel/unique idea has capability to catch press attention ("poor student has idea to pay for education" etc).
If it didn't have #3, I would say it was a stupid idea and a waste of time (current spate of copycats failing miserably is testament to that). That #3 is where the line is drawn between steak and sizzle (thanks for the reference OE ;)).
TJ
The "product" is rubbish.
We agree, then, that there's rubbish. Perhaps it's just a matter of what we see at the "product".
There are a lot of stupid ideas made successful by clever marketing. It could be argued that any idea that succeeds via savvy marketing is a good idea because it was designed with qualities that gave it a competitive advantage for marketing success. I don't buy that.
A couple of new ideas found today on Digg:
Click Here You Idiot (spoof sales letter) [digg.com]
A guy selling the meaning of life on eBay [digg.com]
Not brilliant ideas but there are a lot like these about, and every one has an angle. Any of them can get lucky and if one newspaper picks it up .... it could snowball from there. It's marketing + luck and very little to do with the idea.
We agree, then, that there's rubbish.
Yes.
Perhaps it's just a matter of what we see at the "product".
Yes, looks like it.
I'm looking at it from the perspective of the sites creator and his original idea. From the advertisers perspective the product is rubbish, in my opinion, as it's unlikely to produce much traffic (of any quality) or ROI.
However, from the original site creators perspective, it was a great idea. The lack of value for the advertisers did not put them off buying the ad space. They bought the sizzle, not the steak.
Any unique idea, achievable at low-cost with an interesting marketing angle and clear revenue stream is a great idea from your perspective if you want to make money from it.
This guy had a moment of inspiration. That moment of inspiration did not come from thinking about how to provide a great service to the internet advertising masses.
It came from thinking "how do I make some money?". And his idea aced it.
TJ
Indeed, as CHYI CEO explained: "An extended survey was conducted into the likely revenue generation from the voluntary model adopted here and it was conclusive in its findings that people may or may not use the website to complete transactions and make payment."Whether or not Mr Vaiste O'Tyme is ultimately proved right is up to you. Proceeed directly to (the site). You know it makes sense.
... and wastes time ;)
a good idea, emphasized by a pleasant appearance both in the media (who obviously like him) and in his own blog on the website round down to a congenial image.
to this kind of guy, i gladly hand over my advertising money, i'll help him to get his degree even if my roi is crap (which i don't realize, because i'm too blinded)..
contrary, all those "me too" s*ckers that want a piece of the cake.. they will never succeed. this idea was unique, or at least he was the first to come up that heavily in the press.
Can somebody tell me how to go about promoting them. Obviously, SE marketing and other conventional ways would not reach the correct persons.
Because, one thing also remains that unless yours is a popular site, not too many would care to bookmark yours, which takes the topic back to adding contents and more contents, which in this case the 'novel' site is not likely to have. Cannot think of better ways to market my own potential novel site..
Huh? How is it a con, when "you" agree to buy the pixels trying to con Google?
You quoted me out of context. Blatant marketing promises, exaggerated claims and all that.
when "you" agree to buy the pixels trying to con Google?
I don't recall where he admitted that it was conning Google ;) If he didn't admit it how else will companies like The Times newspaper know about it? :)
anand, in 2006 "viral" does work a lot differently to how it did a few years ago. Now, you'll have the blogs, diggs, reddits etc to pour fuel on the link fire. If you can make your news buzz. Maybe the trick is to register enough reddit/digg profiles to get your news to the frontpage. Or sign up some bloggers to generate the talk. But there must be "cleaner" ways.
Also, another point I noticed when I used digg for one of my blog is that the comments that one guy made that I had selfishly used digg to promote my own site lessened the number of clicks thereon.So, if I were to use digg for a site like MillionDollarHomePage, my site can get a bad reputation due to comments like these.
PS: Alex was back on TV.This time on BBC. I really feel awed that a guy only as old as I am is making so much news while I am here..