Hi, I think this is a question for GQ, but maybe it’s more for IMHO…
I’ve devoted the past six months of my life (full-time) developing a service called LifeOnRecord. The web site is here but it’s basically a patent-pending national service enabling people to record and preserve their thoughts, memories, and stories using any telephone.
For marketing purposes, I separated the services into LifeOnRecord Weddings, Events, and Journals. LifeOnRecord Weddings and Events is meant to allow friends and family to make a simple phone call and share their memories, well wishes, advice, and stories.
LifeOnRecord Journals lets people securely record their thoughts, dreams, goals, and treasured moments anytime, anywhere. They can then access them through iTunes™, a phone, email, or the internet, and archive them onto CD.
I’ve had a number of beta testers and am finishing up tying everything together this week. The next few months of my life will be directed at marketing, and I’d like to know where I should focus my energies.
I want to get the biggest bang for the buck and strategies that bring in money sooner rather than later are preferred. I’m willing to spend $10,000 - $15,000 over the next few months.
Here are my current strategies:
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I’m creating an affiliate program and will print up brochures and flyers that have coupon codes on them. I have a friend that will work on a part-time basis (on commission) and she will visit wedding planners, event planners, photographers, and videographers. The idea is that they will give the flyers to their customers and talk about the service, and if the customer uses the coupon they will get 10% off, and the event planner will get a 10% kickback. In my opinion this is a good strategy, but the downsides are that it’s pretty expensive to print up brochures, folders for the affiliates, sample postcards, etc. Also, my friend is basically just covering the northern suburbs of Chicago when this is really a national service.
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I thought of advertising on wedding message boards or in bridal magazines. I’ve looked at wedding expos, but they want $600 dollars for me to stand behind a six-foot table and my pricing isn’t such that I’ll recover that.
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I was going to experiment with Google Adwords. The hard thing is that nobody will really be searching for my service. I thought of using the terms “audio journal” and “voice journal”, but perhaps there are other terms I should use? I’m aware that the more popular the term, the more I’ll need to bid to have my ad placed, so I’d like to use targeted terms that aren’t too common.
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I think the personal journal product has some potential, and my market there is mainly young families who want to record their kid’s stories, as well as travelers and old people who want to record their stories, but I’m not sure of the most cost-effective way of reaching that group.
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I thought of hiring a PR person, but I’m not sure how much value they’d bring to the table. I do have access to a talented design person that can create nice looking brochures and banner ads.
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Although I have a friend walking the street and meeting with affiliates, I myself am not a good salesperson, and so marketing which is more indirect is better for my psyche.
Also, a few people have said “partner with greeting card companies” or “partner with Creative Memories” but I’m not sure how to go about that, and I really don’t think they’d give me the time of day.
I’m open to criticism and constructive feedback, but realize that the service is what it is. I spent a lot of time getting it to this point, and I can’t easily “add video” or “add the capability to incorporate pictures”.
So, my basic question is what do you think is the most cost-effective way to market my services and get paying customers? Thanks in advance!!