Hi, my name is Terry Smith and I'm a developer and aspiring entrepreneur.


8
Nov

Startup Idea #9: Ads in Social Space

Posted by Terry on 11/08/2008 at around 6:23 PM

Back in the day I used to be good friend’s with a guy who ran PlanetFreeStuff.com which referred you to people to do things you do every day (check your credit, sign up for a credit card, etc).  In exchange you accumulated point you could use on Amazon.com.  Anyways, long story short, he got too busy, the site took up too much time and it got pulled offline.  Then about 2 years ago I took the site and built it up again.  It performed decently but was past it’s prime.  Offers were dead.

Now with the resurgence of social networking we have a chance to bring that back, but in a less annoying form.  Someone should build a site that allows people to add their Facebook, LinkedIn, MySpace, Twitter and other accounts and analyzes that user’s reach.  Based on that information, you could post links to advertise on the user’s profile (Facebook: “so and so” posted a link, Twitter would just be a post, etc.).  How much are advertisers willing to pay for that reach?

I imagine there’s a huge profit to be made there.

Thanks to Timoty Leung (Twitter, blog) for the inspiration through our discussions.

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