Replies to post #11796 on DealerAdvance Inc. (DLAD)

[CSykes]

But my concern is that Corey knows most these Companies end up defaulting on payment of interest. Have you read the penalities if they default on a payment? I know all to well they are in a tough spot. They need to spend at minimum about $1M or so in marketing. Their product, though interesting, is very unattractive and built using very basic coding. I could tell that by looking at the screen shots. They are paying themselves way to much money and I can not understand why their administrative costs are so high. Also.. they are in CRM.. whether it is targeted at a specific market it doesn't matter. If someone needs a CRM solution they go to the leaders.. Salesforce.com.

We spent 6 months researching industries that could benefit from an SaaS application. You are welcome to read about here http://www.numarketsolutions.com/index-9.html

You have to carve out a niche market in SaaS to be profitable and compete against the big boys. As cool as the concept may be CRM is CRM no matter how you slice it and it is a saturated market. IF anything Dealeradvance is simply attempting to ride the wave of the CRM frenzy however they lost the race. Far to many established Companies are already offering those solutions.