In the first 11 months we focused mainly on single user packages for people to use the wordpress plugin and charging $7.99 per month, we have 160 paying users on this package.
We have now expanded to our Business Packages within the last month. This type of account offers a full media streaming package for businesses with lots of extra features and customised themes for $79.99 per month. We already have 3 business package users, with 10 users requesting demos.
We are also looking into developing an agency model that will focus mainly on selling to medium to large digital agencies to manage all their digital content. We will offer variable prices ranging from $200 per month to $5000 per month for larger agencies.
We want to take away all the costs for a development team supplying agencies with the tools to build scalable, customizable and controllable rich media application for their clients. A perfect agency would be someone like Red Bull, an agency with constantly growing video content.
For our business packages we take away all the hassle involved in the setup of a media streaming website and offer a full package to allow people to make money from their digital media content. Here is our latest business user package: http://orgasmicalmedicine.com
For the WordPress plugin we would like to expand on the market by offering a backup solution for which we would be able to implement with investment. After 6 years industry experience from developing many WordPress plugins and seeing WordPress expand into the biggest blogging platform on the planet with over 150 million users the value for this would be huge. We can develop on top of our functionality that currently links to Amazon S3, and allow people to backup or roll back their WordPress install to any date if they are hacked. We will always have a backup. One plugin http://wordpress.org/plugins/wordpress-backup-to-dropbox/ which backs up to dropbox has over 815,809 downloads to date. We would like to offer this functionality to the Our Limited Companies family off apps. We also backup to Amazon S3, which is much cheaper than dropbox, and we can beat many other services on storage costs, this is our pricing breakdown on storage:
Dropbox: $9.99/100GB – Our Conversion: $2.85/100GB
Cincopa: $9.99/7GB – Our Conversion: $0.06/7GB
Copy: $9.99/250GB – Our Conversion: $7.35/250GB
I have extensive knowledge in this industry, I am a developer myself and have built up all these services by myself from scratch. I have obtained a community, the only thing that now holds us back is money needed to expand the company and develop upon the services that are already in place and to manage our daily growing customer base.
We are offering a 25% stake in the company for the full £50,000 investment.
The Money would be used for the following.
Marketing Manager (UK) Salary: £20,000 to be increase on results
Development Salary First Year: £10,000 (we will be using various schemes available to employ a developers and a designer)
£5000 to build the wordpress backup solution
£5000 to finish the build of the full api
£5000 office space
£5000 Marketing and promotion budget
I will be managing the tech team and helping with development as this is where my skills will be invaluable
We can provide a full breakdown of cost on request