Similar sites like IMDB make revenue through advertising on their site or with a premium membership based on a subscription, and this site will obviously take a page out of their book by using banner ads. A premium membership could be implemented after launch, offering incentives like making custom types of lists for your profile or ways to easily contact other members of the industry if you're a part of it, but it would have to be aster a customer base is already established.
A new avenue for making money has been introduced recently as Patreon. Like the patronage of the arts during the Italian Renaissance only with results less impressive, donors support new artists. In this case, the artists are generally videographers, web content writers, comic book creators, musicians, writers, and website developers. In the vein of Kickstarter, Patreon funders choose projects in which they see potential. In exchange for their support, they receive gifts from the developer.
It's a symbiotic relationship - the artist is sustained while building his business and his base; the patreon is in on the ground floor of something and receives exclusive content and updates or status. Each patreon chooses his own level of financial comfort, and funding can be stopped at any time - knowing this means that the patreon can be assured that what he is getting is quality. If it's not, it dries up quickly.
I think a minimal amount of ads followed by a Patreon campaign to help with server costs can help establish a base of users going to the site. After that point other forms of profit such as the premium membership can be set up. What's important is ensuring no content that the user is going to the site to see is locked behind a paywall at any time - only additional content.
To get rich, you have to be making money while you're asleep.
Read more at: https://www.brainyquote.com/quotes/topics/topic_money2.html
Read more at: https://www.brainyquote.com/quotes/topics/topic_money2.html
No comments:
Post a Comment