The last two posts have identified our target market as well as why they will want to be a part of TXT Circle. This post will cover how we plan to make money.
The answer is of course, advertising. All content broadcast to members of TXT Circle will be ads or ad supported. The pricing model for TXT Circle will range from fixed ex: pay us a sum of money and get a set number of messages OR a per-message rate.
With the size of the mobile marketing industry expected to top $10 Billion by 2011, TXT Circle is poised to grab a significant share of this market. I'm making a bold prediction that our sales will exceed $10 Million by 2009.
I hope you've enjoyed my investor pitch series:) I have been saving a lot of mobile news and comment and look for some great posts soon.
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