Smartideabox potential business model strategy
August 3, 2009 in Spotted Ideas
Here’s a potential business model for this website:
- The website could first be a plateform for a universitary contest of business ideas + business models (contest should include not only business schools but also engineering, political sciences and others);
- The contest would be organized in collaboration with student associations (Ex: in switzerland: Junior entreprise), it doesn’t even matter if the contest takes the name of the association, all we want is visits on the website and ideas to be written on it. It has to be sponsorised by companies to get a reward for the winner and judges Judges could also be university teachers.
The contest could totally be international.
So far students, associations, university teachers, companies and eventually private investors already know about the website.
- The access to the website must be set free for students and other actors of the contest. However, the ideas posted on the website as well as the possibility to find young talented and creative people on the website will have value. Hence, access COULD be charged for companies or investors looking for ideas or young dynamic students.
- Once many people visit the website, you can always earn money with advertisment.
That is not the most inventive business model but it sounds like a feasible thing. But Let’s think about it and try to make it smarter.