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Does Avatar represent the future of movies? Maybe not
There's a lot of money to be made in the event business. And there are a lot of different ways to do it: registrations, advertising, sponsorship. But, helping people plan Grandma's Birthday party or buy balloons aren't any of those ways.
The best they'll be able to do is make money from local advertising, local bookings or party planning supplies. And that's if they can steal market and mindshare from eVite to generate some page views, which is unlikely given that eVite dominates that market and has a huge network effect to protect it.
The point at this stage in MyPunchbowl's development is not to be in the black.
Evite is archaic, and any regular user will tell you how un-user-friendly it can be. MyPunchbowl makes some big strides in that area. Evite's mindshare, not network effect, is what needs to be overcome. And there are many examples of how quickly well thought out grassroots sites can do exactly that.
1) There's always an outlier esp. in new product categories. But the exceptions are called that for a reason.
2) Youtube only succeeded because it had first mover advantage. This is precisely what Mypunchbowl and the rest of Evite's competition do not enjoy.
3) Youtube never became a successful business... they simply got lucky and hit the jackpot. they built the right product at the right time and made some crucial correct decisions (use of Flash, integration with Myspace). But would they ever have become a hit standalone business? And what would they have done if Myspace hadn't been there?
All that said, I'm going to check them out since I'm the guy who has to organize my monthly wine tasting...
We expect to be live by February but below are some sample invitations that demonstrate our concept.
http://www.koolvite.com/getEvent/getEvent.jsp?&...
http://www.koolvite.com/getEvent/getEvent.jsp?&...
http://www.koolvite.com/getEvent/getEvent.jsp?&...
http://www.inviteforgood.com
The other site I found was a newer site called BareBonesInvites.com. They're free to use, have Google ads in their evites, but they don't send the email for you. They give you the link so you can email it yourself. I like that since there's a better chance that my email will get thru if I send it myself.
I tend to stay away from alot of sites that have no business model and support sites that at least appear to be legitimate businesses trying to make a buck either thru advertising or subscriptions. Support the little guy !!!