AudienceConnect
Startup Idea: A platform that connects businesses looking to target a specific demographic on Facebook with users who have a large following that matches that demographic, enabling them to monetize their audience through sponsored posts and advertisements.
Pain point: People with a large Facebook audience are looking for ways to monetize their following and convert it into additional income.
- Categories
- Digitalmarketing Social Media Marketing Influencer Marketing Advertising Platforms
- Idea Generated From
- Reddit Post: Trying to monetize large Facebook audience
- Potential Monthly Revenue
- $27500
Business Plan: Facebook Demographic Targeting Platform
Business Description:
Our platform acts as a connector between businesses seeking to target specific demographics on Facebook and users who have a large following within those demographics. By leveraging users' audiences, businesses can effectively reach their target market through sponsored posts and advertisements.
Target Market:
- Businesses looking to advertise on Facebook and target specific demographics.
- Users with a large following on Facebook who can monetize their audiences through sponsored posts.
Revenue Streams:
- Commission on Sponsored Posts: We take a percentage commission on each sponsored post or advertisement transaction that occurs through our platform.
- Subscription Fees: We offer premium features and services for users and businesses who subscribe to our platform for a monthly fee.
- Premium User Matching: Businesses can pay an additional fee for access to high-value users with exceptionally large and engaged followings.
Marketing Strategy:
- Targeted online advertising to reach businesses interested in social media marketing.
- Partnerships with influencers and social media personalities to attract high-value users to our platform.
- Utilizing SEO and content marketing to increase organic traffic to our platform.
Financial Projections:
- Monthly active users: 500
- Average commission per transaction: $50
- Conversion rate for premium subscriptions: 10%
- Average monthly subscription fee: $50
Monthly Revenue Calculation:
- Commission Revenue: 500 users * $50 = $25,000
- Subscription Revenue: 500 * 10% * $50 = $2,500
- Total Monthly Revenue: $25,000 + $2,500 = $27,500
Estimated MRR: $27,500