What kind of marketing did you do? It seems like a pretty reasonable idea but I can imagine it would require a heavy investment to get a sustaining userbase.
I did some Adwords ads - spent about $5k. The plan was to get some sense of ROI (positive or negative) and then try raising money with proof of concept and estimated budget in-hand. I tried targeting consumers, thinking that at first if I got even a few leads we could have a call center call the relevant businesses. When no one submitted their videos (despite a dead-simple, two tap submission process) I tried to pivot. I started pitching businesses on a cloud-based service to receive, review, and reply to video from their customers (including automated appointment scheduling etc) through their existing websites/apps. Out of hundreds of businesses I contacted, not a single one expressed even the slightest interest.
It seemed like it would be a great business, but the market told me otherwise. That's why I said these marketplaces sound like better businesses than they are.
downandout|11 years ago
It seemed like it would be a great business, but the market told me otherwise. That's why I said these marketplaces sound like better businesses than they are.