Here’s one of those “really stupid business plans” examples: A startup called ByeBye Logement launched a month ago. For the low low price of $7, you can put a classified advertisement announcing an apartment for rent of sub-lease for 90 days on their website. It becomes part of a massive searchable database (a global search reveals they have a grand total of three listings across Canada right now).
Now, you might ask, why should I pay money to add an apartment-for-rent listing to a website nobody’s ever heard of (and whose visitors can’t even get access to my contact info without signing up first) when I can post to Craigslist or MoreMontreal, high-traffic sites with thousands of listings, for free?
And if you’d asked yourself that question, you clearly would have done a lot more market research than the people behind ByeByeLogement.com.
3 Comments
Man that was destined to tank. Someone asks me where to put an ad with little cost… CRAIGSLIST… DUH! Why would you want to pay?
Hey, Fagstein
What about the brand new site http://www.videoyourclassifieds. Indeed, is a very new concept, but how can they be helped to advertise this unique idea? I know… there are some issues on the site , but to me it seems they’ll have a nice growth.What’s your opinion?
1. Ah! My eyes!
2. Doesn’t work on Mac. Asks me to install a plugin that doesn’t exist, or download a Windows-only viewer.
3. Because the site requires the plugin to navigate, I can’t evaluate the site.
Hence, FAIL.
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