The U.S. online classifieds advertising market is forecast to grow from
$2.6 billion this year to $4.1 billion in 2010, according to
JupiterResearch.
"Classifieds are $100 billion business globally (including listings and
ads) and every penny of that marketplace is in play. Most of it still in
print...But, even (News Corp.'s) Rupert Murdoch said last week he
doesn't know anyone under 30 who uses newspapers for classified ads."
so far we have a working prototype for the Raleigh News &
Observer for their Print/Web classifieds; AutoTrader.com (to show our
teeth to the newspaper industry) and Mobile Price Comparison (currently
using Shopping.com but if Trans Cosmos invests $3MM in our Series A
round we'll OEM this package to Become.com their newest & prized
portfolio company provided we use the MPC exclusively with the
newspapers web portals. We also developed an elegant work-around to
Speaking or Keying the 12 digit UPC in a cell phone. User's in the next
release will be able to Speak the name of the Manufacturer (Sony) and
Model Name (Cyber Shot W7) digital camera in natural language not via
burdensom IVR prompts.
As you know when newspapers first started their web initiatives
classified ads that would also run in their online web portal was an
Opt-In UpSell of $x.00. Nowaday's it's an Opt-Out business model for
newspapers. In Jax the Opt Out discount is about $10.00 and $25.00 if
it's Real Estate. What if NewCo could "Voice Enable" on a national
basis 500,000 ads @ $10.00 for an UpSell rate? Split this 50:50 with
the newspaper partner that then equals $2.5M for NewCo. The question
then becomes is this a weekly goal or monthly goal? There's zero burden
to the newspaper partners.... only upside revenue for them!!!! The
factor in a NewCo initiative for Online Classifieds with eBay, Online YP
vendors, Auto Dealer web sites, Real Estate Classified Ads & their
corresponding web sites. Well, there's some damn huge numbers we're
dealing with. Our system architecture is very unique... one that we
feel will resonate with our syndicate partners. US Newspaper Print
Classified revenues is $17B.... again showing we're dealing with huge
potentials.
Guys feel free to chime in with criticisms or encouragement. I'm
looking for both of you being involved in some way, shape or form. Your
background at VCNT is poignant.
I hope to have an informal investment proposal for Trans Cosmos in the
next few days and a fully baked Biz Plan before the end of the month. I
know how Masa Okuda thinks and because TCI is an investor in BeVocal &
Nuance coupled with a few more areas of great synergy I'm keeping my
fingers crossed they invest $3M at >$10M Pre-Money valuation. Your
thoughts?
Cheers,
The U.S. online classifieds advertising market is forecast to grow from
$2.6 billion this year to $4.1 billion in 2010, according to
JupiterResearch.
"Classifieds are $100 billion business globally (including listings and
ads) and every penny of that marketplace is in play. Most of it still in
print...But, even (News Corp.'s) Rupert Murdoch said last week he
doesn't know anyone under 30 who uses newspapers for classified ads
so far we have a working prototype for the Raleigh News &
Observer for their Print/Web classifieds; AutoTrader.com (to show our
teeth to the newspaper industry) and Mobile Price Comparison (currently
using Shopping.com but if Trans Cosmos invests $3MM in our Series A
round we'll OEM this package to Become.com their newest & prized
portfolio company provided we use the MPC exclusively with the
newspapers web portals. We also developed an elegant work-around to
Speaking or Keying the 12 digit UPC in a cell phone. User's in the next
release will be able to Speak the name of the Manufacturer (Sony) and
Model Name (Cyber Shot W7) digital camera in natural language not via
burdensom IVR prompts.
As you know when newspapers first started their web initiatives
classified ads that would also run in their online web portal was an
Opt-In UpSell of $x.00. Nowaday's it's an Opt-Out business model for
newspapers. In Jax the Opt Out discount is about $10.00 and $25.00 if
it's Real Estate. What if NewCo could "Voice Enable" on a national
basis 500,000 ads @ $10.00 for an UpSell rate? Split this 50:50 with
the newspaper partner that then equals $2.5M for NewCo. The question
then becomes is this a weekly goal or monthly goal? There's zero burden
to the newspaper partners.... only upside revenue for them!!!! The
factor in a NewCo initiative for Online Classifieds with eBay, Online YP
vendors, Auto Dealer web sites, Real Estate Classified Ads & their
corresponding web sites. Well, there's some damn huge numbers we're
dealing with. Our system architecture is very unique... one that we
feel will resonate with our syndicate partners. US Newspaper Print
Classified revenues is $17B.... again showing we're dealing with huge
potentials.
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