"How am I going to make money?" This is the question that's been bouncing around in my head for the last few months as I've been developing my site. Allow me to beat around the bush here, in order to protect my idea.
Let's say you're just starting out eBay or Craigslist, you have very small pool of early adopters and friends using your site. Keeping it free is certainly going to help it grow, but eventually, the VC's are going to want to know how you are going to bring in revenue. Unlike eBay or Craigslist, my site doesn't deal with the sale of products, so I will go ahead and say that directly charging the "listers" or the "visitors" is not an option.
Let's say the listers used the site FREQUENTLY and found it to be highly beneficial in their lives. Would it be realistic to go to the VC's and say, "We're going to make our money by giving the listers the OPTION to pay a $2 listing fee. It's completely optional, meaning if they don't feel like paying the fee they can skip it altogether and they still get listed".
I've been thinking about this a lot and this seems like the best option. It doesn't inhibit the site from growing and it projects a good image to the site for willingly giving its services away to those who can't afford to pay. What do you all think? Would I be throwing away potential revenue?