Monday, November 17. 2008
While many startups and young
teams race for social networking services since it is trendy, sexy,
other teams opt for less cool Web business. One year ago many people
said if you had high traffic sites you could make good money (from
advertising or from investors?). But when the financial storm came, ad
spending falls can those SNS get a piece of still small online ad
dollars. Instead of waiting advertisers, Teevn.com tried to sell on
demand t-shirts to young people. Customers can access to the Teevn.com website to choose among thousands
of designs for their t-shirts, and they can make their unique template
through self designed or order exclusively to Teevn.On demand e-commerce is getting
mainstream in many countries with successful models such as Cafepress, Zazzle. Designers can take part into
the business as collaborators and make money from revenue share. The
core competency of this model is not just the ICT technology (click) but
production and logistic (brick and mortar). Young people (mainly
students) love to buy their chosen t-shirts. Other product lines should
be available soon. Think about your revenue model before starting up,
especially in the current recession.
Disclosure: I help the
Teevn team from the start and currently an advisor.