Free SMS Business, What you think?

Discussion in 'General Business' started by ecommerce_guru, Jul 7, 2008.

  1. #1
    Hey gang,
    i am thinking to open a free sms business, i did some research and seems from what i have read its profitable and fast growing one? what you think of it? do you have any past experience?

    Note that i have a catchy domain name can be used here FreeSMS (.) ws

    Appreciate your comments.
     
    ecommerce_guru, Jul 7, 2008 IP
  2. zxlewi

    zxlewi Banned

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    #2
    if its free how will you make money?
    and yes it is growing but alot of hard competition
     
    zxlewi, Jul 7, 2008 IP
  3. ecommerce_guru

    ecommerce_guru Notable Member

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    #3
    normally you provide a free credit, later users need to fill forms, PPS, etc.. and here you make your profit from those companies.
     
    ecommerce_guru, Jul 7, 2008 IP
  4. zxlewi

    zxlewi Banned

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    #4
    ah right
    there are many just free company's one good example is onebip.com who i have a business account with :)
     
    zxlewi, Jul 7, 2008 IP
  5. Adwords.

    Adwords. Banned

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    #5
    Eh, market is saturated unless you think of an entirely new feature that others dont have.

    Why would one person stay at your site & text for free but have to fill out surveys and whatnot to be able to text when they can just google "free sms online" and return with a list of 500 sites that don't require surveys and whatnot and are free?
     
    Adwords., Jul 7, 2008 IP
  6. Essociate

    Essociate Peon

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    #6
    are you referring to web-only sms by email? or are you considering getting a short code? regarding the domain freesms . ws --- great keywords for your use. i suggest using a domain that you can get a matching short code for though, usually 5 letters in length.
     
    Essociate, Jul 8, 2008 IP
  7. ecommerce_guru

    ecommerce_guru Notable Member

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    #7
    actually considering short code, still doing my research on cost and other issues :)
     
    ecommerce_guru, Jul 8, 2008 IP
  8. redwebs

    redwebs Peon

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    #8
    there are many just free company
     
    redwebs, Jul 8, 2008 IP
  9. Sam 735

    Sam 735 Well-Known Member

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    #9
    How does SMS business work? Strategy? Algorithm?
     
    Sam 735, Jul 8, 2008 IP
  10. bobchrist

    bobchrist Active Member

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    #10
    As said the market is quite saturated but if you've really some innovative idea I would suggest to go for .mobi tld.
     
    bobchrist, Jul 8, 2008 IP
  11. mentos

    mentos Prominent Member

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    #11
    Its a non profitable business
     
    mentos, Jul 8, 2008 IP
  12. shashank4u

    shashank4u Active Member

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    #12
    Actually it is profitable, otherwise there will not be free sms sites popping up every second.

    atrochatro
    160by2

    are examples.
     
    shashank4u, Jul 8, 2008 IP
  13. skzubair

    skzubair Well-Known Member

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    #13
    Yes I am personally using 160by2.com, smsgupshup.com and way2sms.com to send FREE personal and business SMS to my clients all over India. From all 160 characters, they give you 80 character to put your message and for remaining 80 character they place their sponsor ads below your message :D its really a nice idea and almost all my friends are using it now. So these sites are getting lot of users and sponsors are getting an opportunity to show ads to you and even to your friends and clients :)
     
    skzubair, Jul 8, 2008 IP
  14. mbreezy

    mbreezy Active Member

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    #14
    Short codes aren't cheap... Might need up front money to help out and get you on your feet.

    Profitable, very much so. Just have a business plan in place and execute accordingly.
     
    mbreezy, Jul 8, 2008 IP
  15. Essociate

    Essociate Peon

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    #15
    we acquired a short code and have gotten carrier approval finally. it is a cost intensive buildout and nothing happens overnight. we also invested heavily to make sure that we had the .com to go with the short code (they match). $1000 per month fee no matter what + message credits/gateway fees and other admin and hardware fees & you will not go live overnight. it will be high $xx,xxx - low $xxx,xxx before you do your first bit of marketing. good luck!
     
    Essociate, Jul 9, 2008 IP
  16. ecommerce_guru

    ecommerce_guru Notable Member

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    #16
    Thank you for the details, seems as you said need time and high Budget $$$
     
    ecommerce_guru, Jul 9, 2008 IP
  17. SEO Girl

    SEO Girl Peon

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    #17
    hi, yeah there are loads of free sms companies already, just out of interest how would you make your money exactly? is it through selling advertising?
     
    SEO Girl, Jul 10, 2008 IP
  18. Cbrackett

    Cbrackett Peon

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    #18
    Do you guys mind if I ask what SMS business is?:confused::confused::confused:
     
    Cbrackett, Jul 10, 2008 IP