There are times when idea people get in their own way. Or, they at least need to take a step back and see what it is they really are thinking. Pulling it all together, from a distance. This happens to me. This has happened to me, today.
I’ve been making a web directory. But, I keep changing my mind about details, adjusting for new ideas and just generally fumbling around – knowing what I want but not getting it done.
Then, while looking at another site, I understood that I’ve been misleading myself. I don’t want a web directory, I want an online advertising agency. I want to be my own public relations business, online.
The funny thing is… although I feel like a fraud, I actually do have the background for it. Corporate Communications (my college education) included PR, writing and publishing. In actual experience I have been online since 1996 building my own sites, maintaining, managing, promoting, writing and publishing other sites. I’ve been doing it all, all along. But, mostly for myself or as a contracted employee (contributor) for others.
Am I rushing into this? Quite likely, I tend to jump in when I think I have a good idea, before I have the plan all sorted out.
But, it does feel right. It is what I’ve been trying to build without really putting a label on it.
Online Advertising Agency
Startup Costs: Under $2,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? No
Online Operation? Yes
Not only will you be providing a valuable service for site visitors, but you will also be establishing your own potentially successful business. The business concept is very straightforward. Start by designing a website that features information about various advertising mediums including rates, contact information and any special promotions or discounts in terms of advertising rates. Business owners who visit the site simply locate the type of advertising that suits their marketing program and budgets. Income is earned by charging the advertising companies a fee to be listed on the site, as well as by selling advertising space featured on the site.
I think I have start up costs covered, one way or another. I know how to put things together, free, online. I’ve been working that way for twenty years.
Resources for Starting an Online Advertising Agency:
I’d start with an ad exchange. I already have all the links saved to become a directory. This would be a simple way to build the directory, see which sites want to be part of exchanging ads (which would help me eliminate those who are not active, don’t want to mess with code to make ads for themselves, etc.). The sites which want to exchange ads would have a fancier spot in the directory of links. I can give them an image, a larger description, and so on. All of that I can do with what I have now.
The next step would be finding outside advertisers from related businesses which would pay for ads (without being part of the ad exchange network). I’m not really confident/ bold when it comes to approaching people to ask for anything, but it could be done. I might even find someone to help me at that point.
That’s how I see it, for myself.
I do have the niche – urban exploration.
I have found a few ad exchange software possibilities, for free, just having a quick look this afternoon. I may be missing something but I am wondering where the people at Entrepreneur found a need for $2,000 start up costs? I guess I will find out along the way.
Software (RTB – Real-Time Bidder):