I am still running PillowsAndPancakes.com ; however, the vertical directory market is a losing battle. The biggest issue is the majority of users start their journey at google.com. With Google Places the users don't really need to go much farther than google. In the old days the top 10 results were often B&B directory websites. Now it is a mix of Google Places, b&b websites, and some vertical directories (most often B&B.com).
I was reading a post in the 'B&B Directories and Agencies' forum about a new directory start up. And I was thinking that people that start directories are really missing the mark... like really really missing it. In my opinion I can almost guarantee the thought process goes like this 'If B&B.com has 10,000 listings and charges on average $300 a year... that is $3 million a year... if we could get 10% ($300K a year) of that we'd be happy.' It is really easy to rock back and forth in ones rocking chair imagining all of the money they are going to make.
And then I thought it must really irke people to have people assume this market needs another directory.
What problems do people in this business have that they'd pay to have solved?
Thanks!
Paul
I was reading a post in the 'B&B Directories and Agencies' forum about a new directory start up. And I was thinking that people that start directories are really missing the mark... like really really missing it. In my opinion I can almost guarantee the thought process goes like this 'If B&B.com has 10,000 listings and charges on average $300 a year... that is $3 million a year... if we could get 10% ($300K a year) of that we'd be happy.' It is really easy to rock back and forth in ones rocking chair imagining all of the money they are going to make.
And then I thought it must really irke people to have people assume this market needs another directory.
What problems do people in this business have that they'd pay to have solved?
Thanks!
Paul