what do you think of my business idea
duckfizzle asked:
i live in a large area with lot of universities and students. My idea is to create a product similar to the “entertainment” or “dynamte” books where they have local discounts. but my idea is for a student discount card where I go around to local businesses which attract students and as if they would like to be an advertiser and offer a discount to students who use the card.
i live in a large area with lot of universities and students. My idea is to create a product similar to the “entertainment” or “dynamte” books where they have local discounts. but my idea is for a student discount card where I go around to local businesses which attract students and as if they would like to be an advertiser and offer a discount to students who use the card.
The cards would be sold to students who would be able to use them for the next year.
In order to sell the cards I would find a club or organization on campus who would want to sell them as a way to raise money for they’re club or for some charity.
Cost to student- $10
Organization who sold it would get- $2
I would make $8 (some would cover the cost of the card- gas production printing, the rest would be profit)
Should I charge the businesses to be on the card or should it be free for them. (I was thinking between $50 and $100)
The draw for the businesses would be free/cheap advertising as well as customers who by saving a few bucks will probably spend a few more.
any other ideas?
what do you think?
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May 18th, 2010 at 6:28 am
you stole my idea………………. (cough)
May 20th, 2010 at 4:49 pm
i think its genius, now you just have to find a way to print your cards in bulk and maybe even get nearby places to code them into the card scanners for convenience
May 22nd, 2010 at 3:22 pm
You may have difficulty attracting the right mix of businesses that will be attractive to students. Established F&B outlets will probably not want to associate themselves with a card that is unproven and has no publicity. Students will not pay for a card that offers discounts to regular outlets that do not make them feel like a VIP. Unless you are able to get one or two very popular businesses to be your star attraction, else I think your card will not work out.
May 22nd, 2010 at 5:25 pm
Wonderful Idea, you are required to do following;
1. Sort out with others, who claimed that Idea is stolen.
2. You are required to do net working, to have sponsors, as well as for marketing the ‘Discount Card’.
3. Best will be to tie-up with Advertising Company of Repute.
With all the Best.