Tuesday, September 1, 2009

Is this is a good idea for online business? -

i thought about starting my own website answering peoples questions. and charge like a dollar for an answer. i know alot of useless info and i have access to lots of info. is this a good idea?

You should seriously consider revising your business plan/model. Offer the service for free and use targeted ads and affiliate programs on your site to earn money.

rather than setting up a website, why not set up a premium rate number that forwards to your cell, then advertise the fact that you can answer any question and when people call you will be making money from their calls rather than a $ per question answered on the web ;)

Considering your competition - yahoo answers - offers this service for free, it doesn t sound like a very viable idea. What would you offer that Y!A does not?

Well, you ll be competing with sites such as Yahoo Answers which give them away for free. So I doubt many people will pay for it.

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