20 Awesome Solid Points to Remember About GOIG:
1) Who is goig to want this service the most initially? A Big Company that has everything goig for it? Not so. It is the small to mid sized companies and they are numerous. These companies can better afford the $500 per month than many other advertising methods with a similar reach. In other words Go800 is a very very effective value added service for small to mid sized companies who want exposure to the texting demographic and growing base of Go800 users. Large companies have many many dollars and pay for big TV commercials and so forth, so they are not necessarily gonna jump on right away. They will though in time.
2) Ike is targeting these small to mid sized companies. He knows this and had devised the service as such. It will eventually go to larger companies but give it time.
3) This service has many more phases to come including iphone, google and droid applications.
4) This Go800 service may very well have a general text to connect for personal use in the future used to connect to individual people. Perhaps at $5-$10 a month and maybe added right to their cell bill via deal with cell company. Mega bucks there. Many would love to be able to get text - connected using their name or nick name as a keyword. Say Go800 Dick or Go800 BlackHawks or Go800 Johnny, Go800 nighthawk etc I know I often forget a friends # but never their nick name!
5) TV advertising is coming, see recent PR.
6) We are looking for a spokesperson and with the right person this can be huge alone.
7) Companies that are currently signed and paying come June 1st are in the 300-400 range and growing as per a PR a while back. So this # is a good start and growing fast. Easily over $100 000 per month for just first month being very conservative.
8) Comapnies that are in trial now actually will be contacted to see if they want to pay come June and if not they will not receive full free service. They will receive a grace period in which to sign up, and meanwhile their word will remain active. After the grace period of two weeks they will not be connected any longer if they don't pay but rather the keyword will link to the GOIG system stating a thank-you message and that the word is available. Please tell your contact that you would like the Go800 service.
9) Any keywords not signed and paid for after the grace period will be free game to anyone who may want to buy them. Therefore it's a little pressure on the Big companies to sign and pay if they want their keyword or brand word. They wont want to miss out on their brand. Example Coke, Pepsi, Walmart, ...just like when people used to register domain names to sell to companies and make money...so they could register keywords and maybe sell them down the road. Maybe even at a reduced price to those who just want to'park' the keyword until it is sold.
10) With relatively speaking small overhead for such a business, the largest costs will be advertising. Even that will be free once big companies are on board. With small overhead and infinite keyword product lines and growing leases it is easy to see a quick path to positive cash flow even with a rather small number of paying contracts. No doubt they will grow.
11) Cord Blood America has 5 keywords paid for. Not bad from one company. Then there is that pbgallo restaurant, the blindsbygraber, the subaruh dealership, tnerd, moneytv, realtor guy on here, flowers person, and many others that I know are signed paying companies from the past months of posts. I know around 20 keywords now that are paying come June 1st. So when Ike says 300-400 and growing fast, I believe him.
12) You tube video will be out this week! Nice addition.
13) 21000 Newspapers with Go800 ads! to hit America over now to 4 weeks, big exposure.
14) The classified ads are ok too, every bit helps.
15) Ike a stated he will be keeping us posted quite often.
16) Go800 charges 0.04 per minute as well starting 2011, many bucks there alone, and it's cheaper than the 6-9 cents charged by 1-800
17) Texting is a new media and communication tool. Admob was recently bought out by googlr for 750 million dollars, they basically place ads on mobile applications, similar to adsense by google on regular web...now goig to the mobile arena.
18) If google feels that admob was worth that much money , I figure they will think we are as much or more, once we get some positive revenues and some more signings...then a possible 750 million buy out or more would give us all about 0.50 a share , not too bad. If it ever happened I think that's a reasonable buyout, at minimum.
19) Rome wasn't built in a day.
20) When in rome do as Romans do, so we are in texting demographic, so lets text to connect.
GLTA
Remember these 20 solid points about GOIG....there's many more positives as well.