This document proposes a personalized radio streaming service called Personalized Radio that allows users to choose from various content sources like news, music, weather, and sports to create a customized audio feed. It outlines a business model where users can access a free, ad-supported service or pay $2/month for an ad-free premium version. Financial projections estimate the service could earn $0.304 per user per week from advertising revenue. The document also discusses competitive advantages, marketing and financing plans, and the founding team.
8. Business Model
$0.011 $0.304
Cost per user / week Advertising Income user / week
Alternatively, a premium, ad free model would be available at a cost
of $2.00 / month.
9. The Numbers
The Average Cost of A Radio Ad is $0.008 per Listener
The Average User Listens to 19 Hours of Radio every week
Buzzam Plans To Run 2 Ads per Hour
Resulting In a Profit of $0.29 per Listener per Week
Every 1,000 Listeners = $290 Profit per Week
11. Marketing Plan
Form A Street Team To Work Local Events
Work/Sponsor A Large Music Event
Pitch As Much As Possible (Media / Testers)
Create A Great Press Kit