Web WonderAll things web related plus a few surprises

How does my friend’s business plan sound to you?

my friend offered me to take part in this… we are both young.
it’s like advertising business with gift cards… We issue gift cards that you can use in our member restaurants. customers buy gift cards from us and then customers give it to their recipient and the recipient use our giftcard at one of our designated restaurant. and We pay the restaurant who sends us the bills. we don’t make any profits from the giftcard sale but whoever wants to be our member pay us like annual fee… and we advertise and we plan to advertise it in public places like local junior pro hockey team… we live in small town so we have to expand to close cities near by… my friend is hyped about it. he said he came up with this plan with help of one of his contact who is in marketing business.
i mean advertise at like billboard of hockey arena(so people will look during the hockey game), radio, and newspaper etc…

It’s important that the designated restuarant should be the well known one that customers would like to join. However these restuarant would not like to participate since they must pay for it while you get the revenue from selling this gift card. So you have to manage benefit well to them.

Marketing Plan Pro 11 Orientation – Welcome

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