Advert ID:3015 / Seller Reference:Lyric_Writing_Ad1 / Type:Joint Venture or Partnership / Sector:Internet / Location:Global / Location:United States / Location:Canada / Location:United Kingdom / Location:Australia and New Zealand
Website Venture with Developed Market Needs Partners
Opportunity Summary
I'm an independent music composer & producer of 8 years, who's been researching & planning this overall venture since Sept 2005...
My overall Venture is to capture the online lyric writer niche group at the beginning of their life-cycle for small front-end profit & huge back-end profit potentional in the future...using downloadable education products to train them to become lyricists. And then eventually provide another set of education products to train them to become songwriters. Eventually to provide music composition services for their songs...and then publishing of their music.
The 1st part of this overall venture is the focus of this ad... A 'Simple Website business' to capture the online lyric writer niche, using downloadable education products.
The market is small and primarily includes young people, so there's not much initial money per prospect, but there's a substantial volume of direct online traffic to capture.
I've spend the last 1&1/2 years developed a successful marketing strategy: Ad, lead capture & sales strategies.
I've also surveyed this market several times to understand the best product to develop and provide...and now I need:
1) Web Developer (part-time) - to code webpages to store simple text data & develop MySQL database code for user profile registration & ranking; and then to consult on education product's web functionality (main business partner)
2) Lyric Writer/Songwriter/Music Supervisor (part-time) - to find & negotiate lease of songs for education product; and then to consult on education product content & website content for accuracy (main partner)
3) Web Copywriter/People Person (part-time) - to re-write all written content on website & product in language of target market (minor partner)
4) Minimum funds ($5,000, which is not needed right away) to support 12-months of web hosting, product development, advertising, & business entity registration - this is a small business with simple startup costs.
The market is ready to be captured, the strategies are ready to be implemented, and the product line is ready to be developed...all I need are the right people to take ownership of this idea as soon as possible.
If you're the right person - or if you have experience in finding the right people - contact me ASAP, because I'm talking to as many people as I can to find partners quickly.
- Years Established:
- 0 years (Unregistered); 1.5 years market research & development.
- Target Market:
- Online ‘Lyric Writing’ Web Searchers (direct & highly motivated), under 18 - early 20s; willing to communicate with intimacy; roughly even split between males & females; At beginning of life cycle; interested in a ‘downloadable product’ to help learn lyric writing for songwriting…24,000 searches/month (spring & summer), 9000 searches/month (fall & winter); spent 1 & 1/2 years to develop marketing strategy that successfully captures 3% each month through online Ads (1/3 of max output); 46.7% of captured traffic surveyed for product specs; $0.16 cost/lead; 3-page sales letter: page 1 = 41.67% effective (improving), page 2 = 100% effective, page 3 = 80% effective (improving).
- Predicted Sales:
- 25 piece product line to guide user through lyric writing education; average predicted sales (based on current total sales effectiveness of 33%) = 165 sales x (times) 5 initial pieces = 825 front-end sales/month…3,300 total back-end sales.
- Predicted Profit:
- Because ‘Teen-to-early adult’ niche is small - and do to lower costs of Internet eCommerce - estimated price point is $5; $5 x (times) 165 sales x (times) 25 piece product line - (minus) costs of sale = $7,500 - $10,500 initial predicted profit/month.
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