ReWrite
Startup Idea: A platform that connects freelance writers with alternative publishing opportunities after their work has been rejected by an editor, providing them with a chance to find a new home for their pieces and receive constructive feedback.
Pain point: People face the frustration and disappointment of having their accepted article rejected by an editor without any clear explanation or feedback.
- Categories
- Freelancewriters Content Publishing Writing Tools Communication Platforms
- Idea Generated From
- Reddit Post: Editor confirmed acceptance of piece after submission, but now won’t run it
- Potential Monthly Revenue
- $11000
Business Plan: Freelance Writers' Alternative Publishing Platform
Introduction:
Our platform aims to bridge the gap between freelance writers and alternative publishing opportunities. We understand the frustration that comes with having your work rejected by editors, which is why we provide a solution for writers to find new homes for their pieces and receive constructive feedback. Our platform will offer a curated selection of publishers interested in unique and diverse content, creating a win-win situation for both writers and publishers.
Target Market:
Our target market includes freelance writers who are looking for alternative publishing opportunities and publishers who are seeking fresh and unique content. The platform will cater to writers of all genres and styles, offering a diverse range of publishing options.
Revenue Streams:
- Commission Fee: We will charge a commission fee for successful matches between writers and publishers.
- Premium Services: Writers and publishers can opt for premium services such as expedited matching or highlighted listings for an additional fee.
- Advertising: We will offer advertising space on the platform for publishers looking to promote their publications or services.
Marketing Strategy:
- Content Marketing: We will create valuable content for writers on topics such as improving writing skills, navigating rejection, and finding alternative publishing opportunities.
- Social Media: We will engage with our target audience on social media platforms to build brand awareness and drive traffic to the platform.
- Partnerships: We will collaborate with writing communities, workshops, and conferences to reach a wider audience of freelance writers.
Estimated Costs:
- Platform Development: Building and maintaining the platform.
- Marketing and Advertising: Promoting the platform to writers and publishers.
- Customer Support: Providing assistance to users and addressing their inquiries.
Financial Projections:
- Monthly Active Users: 500 freelance writers and 50 publishers.
- Commission Fee: $20 per successful match.
- Premium Services: Additional $10 per premium service.
- Advertising: $100 per ad placement.
Monthly Revenue Calculation:
- Commission Fee: 500 writers * $20 = $10,000
- Premium Services: 50 transactions * $10 = $500
- Advertising: 5 ad placements * $100 = $500
Estimated MRR: $11,000