Could it work? Your thoughts please...
bigdavecox90
Posts: 215 Forumite
So.....I've dreamt up this 'idea' which I feel could be successful. I understand it's risky to 'disclose your ideas' as such, however everyone on this forum has always been more than helpful so I thought what better place to come.
For the gamblers among us, it is relating to SkyBet's Crowdboosting concept. For those of you that don't gamble, essentially SkyBet will post a bet, for example City, Chelsea and Liverpool all to win this weekend priced at 3/1. When 5k people back this bet, the odds hike to 4/1, when 10k it may reach 5/1.
My idea is to work with small businesses on sharing style basis. I share a product of theirs at say £25, once 50 people share it, it drops to £20 and once 100 it may drop to £15 (just ballpark figures!)
This helps small businesses get recognised more alongside also sellng their products.
Appreciate your thoughts - don't be shy!
Thanks,
Dave
For the gamblers among us, it is relating to SkyBet's Crowdboosting concept. For those of you that don't gamble, essentially SkyBet will post a bet, for example City, Chelsea and Liverpool all to win this weekend priced at 3/1. When 5k people back this bet, the odds hike to 4/1, when 10k it may reach 5/1.
My idea is to work with small businesses on sharing style basis. I share a product of theirs at say £25, once 50 people share it, it drops to £20 and once 100 it may drop to £15 (just ballpark figures!)
This helps small businesses get recognised more alongside also sellng their products.
Appreciate your thoughts - don't be shy!
Thanks,
Dave
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Comments
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A bit like Price Drop TV but on social media?A kind word lasts a minute, a skelped erse is sair for a day.0
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Owain_Moneysaver wrote: »A bit like Price Drop TV but on social media?
PriceDrop TV that's a throwback, but yes think a 2019 version I guess.
What do you think?0 -
letsbuyit.com set out as a website with a similar principal. A bit like groupon offers but the more people that signed up the lower the price got. I don't think that is how the leysbuyit.com site works now
edit- I don't think it even exists now....0 -
Yeah, this reminds me of QVC selling jewellery, when they've sold 100 price drops etc. Sounds like a good idea in principle. Price drops the more people buy something. But how will you get all of the customers in?0
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