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11-21-2007, 03:22 PM
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#2 (permalink)
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Junior Member
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I was just wondering if you drive to the persons place of business or home. And if you do drive there, does your business need insurance incase you are in an accident? Or is it covered under normal car insurance?
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11-21-2007, 07:45 PM
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#3 (permalink)
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Location: Sydney, Australia
Total Points: 77,839.66
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Quote:
Originally Posted by bben70
 Hello, my name is Ben and I am trying to introduce our new company 1 hour movies, and to obtain feedback regarding our services. Please visit our site 1hourmovies.com to give us any suggestions you may have for us.
We look forward to hearing from you. Thank You
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ben....no, but nice try
1hrmovies reminds me of Kozmo.com
revolutionary idea, except your finances aren't gonna stack up
your contribution margin (revenue per video less variable cost) is either negative, or so low that your break even point is gonna be at an unreachable level
drop this, or you will end up in bankruptcy
you can't make this venture reach profitability without 8 figure working capital
Last edited by akula : 12-13-2007 at 07:48 PM.
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11-21-2007, 07:54 PM
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#4 (permalink)
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YE Veteran
Location: LA
Total Points: 16,736.56
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Ben,
Netflix and Blockbuster Video already has a good market share. Plus, their "play now" libraries will increase in no time. By then, your business will have no place with the increase of internet tv companies and the bandwith becoming cheaper.
LT
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11-21-2007, 08:19 PM
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#5 (permalink)
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Location: ADVERTISE HERE! Contact me for more details
Total Points: 167,483.80
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I'm just curious how it works.
__________________
ADVERTISE HERE!
Contact me for more details
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11-23-2007, 11:56 AM
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#6 (permalink)
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Junior Member
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Hello, Thank you for your feedback. The way it works is you can order a rental online, by text, or by phone. The pre-zoned drivers are texted immediately through our new software and the members address and title can be found. Since we are just starting, our company only services Broward and Dade county for now and are in the process of obtaining major funding. Each driver carries up to five copies of the last few years new releases, and we would like a driver on hand at the distribution center to deliver any odd titles that may not be carried in the vehicles. Inventory is already on-hand from our previous business, and our memberships are residual, plus we have all of our previous members already on board. Eventually we would like to have a driver for all five mile radius zones. We hope that these new ideas can revolutionize home entertainment. Wouldn't it be cool to get a pizza and a movie delivered right to you within an hour, along with snacks and beverages. Please give us your feedback!!
P.S. For now we have insurance through our business, and are looking for new policies to cover us. We are still in the building process and realize that our ideas cannot be implemented without capitol, which is why we would like feedback from anyone so we can have our complete business plan set up before allocating our resources.
Thank You
benh@1HourMovies
Last edited by bben70 : 11-26-2007 at 12:41 PM.
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11-23-2007, 12:04 PM
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#7 (permalink)
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Location: ADVERTISE HERE! Contact me for more details
Total Points: 167,483.80
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Let me get this right:
So, I want a movie that was released only three months ago.
I get on "1hourmovies.com" and order the movie.
Five hours later, the movie shows up at my door.
Hmmm. I would never order another movie, and I would never let anyone ELSE order a movie. Good luck though.
__________________
ADVERTISE HERE!
Contact me for more details
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11-23-2007, 01:00 PM
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#8 (permalink)
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Junior Member
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Its a good idea but (in my opinion) its just not possible. You need to cover your costs of fuel, insurance, tax, servicing and the driver's fee and you're expecting to do this by delivering dvds which people have paid no more than £5 for (im assuming). And this is just the delivery costs. To make it work you would need a MASSIVE working capital, and you would certainly not turn a profit in the first few years, if ever. During this time you would be pouring money into promoting your business which could ultimately fail anyway. Nice idea, sorry about the synical feedback
Best of luck if you do decide to go with it |
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11-23-2007, 01:13 PM
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#9 (permalink)
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Member
Location: Idaho
Total Points: 3,445.53
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This could work for a small town where the loyalties of the customer is more important than the worrying about business. Many people don't care what business they use as long as they get the best prices, the best service, and most convience.
Maybe you could partner up with pizza delivery and other food delivery services so that people could call for dinner and be able to get a movie too. This is just an idea.
There are many great minds out there that have responded in the posts above. They will shoot straight with you. I do think that you have a hard sale. I would suggest that you have a cut off point of how much you are willing to spend. You may make a business, but you have to make a profit too.
__________________
Natalie Berrett
www.MyBookWise.com/LiveWise
FREE Preferred Customer Membership.
Download FREE books
A portion of the profits are donated to charities that help abused children and fight illiteracy.
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11-23-2007, 06:18 PM
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#10 (permalink)
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Senior Member
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I think that this could possibly work, if you, like LiveWise said, partner up with another company, etc....
People already recieve this service through Netflix and Blockbuster.
I think the overhead for the company would be too much to actually make it on your own. If you partnered up with another company your overhead costs would be less and you would have a better chance of making this work.
If you are planning on having people go door to door and deliver movies, make sure you do the proper background checks on all employees that are going to be doing this. You can never be too careful.
Good Luck
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11-26-2007, 12:39 PM
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#11 (permalink)
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Junior Member
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Hello, Thank you for your feedback. The way it works is you can order a rental online, by text, or by phone. The pre-zoned drivers are texted immediately through our new software and the members address and title can be found. Since we are just starting, our company only services Broward and Dade county for now and are in the process of obtaining major funding. Each driver carries up to five copies of the last few years new releases, and we would like a driver on hand at the distribution center to deliver any odd titles that may not be carried in the vehicles. Inventory is already on-hand from our previous business, and our memberships are residual, plus we have all of our previous members already on board. Eventually we would like to have a driver for all five mile radius zones. We hope that these new ideas can revolutionize home entertainment. Wouldn't it be cool to get a pizza and a movie delivered right to you within an hour, along with snacks and beverages. Please give us your feedback!!
P.S. For now we have insurance through our business, and are looking for new policies to cover us. We are still in the building process and realize that our ideas cannot be implemented without capitol, which is why we would like feedback from anyone so we can have our complete business plan set up before allocating our resources.
Thank You
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New Business--Need Feedback Please!
