Thanks in advance for any help you may suggest.
My business, Moontown Media, LLC, has been open since 2000. A friend and I started a website, www.moontowncafe.com to try to help aspiring poets and writers succeed in their field. Over time, our site has become quite popular with poets and writers. We currently get between 500,000 and 1,000,000 pageviews per month. Our traffic comes solely from high search engine standings. We`ve never paid a dime to search engines or in advertising.
Poets can go to our site, register and start posting their work. Other users can then read, comment and rank the postings. We have many unique features not offered on other sites. There`s way too many to list here. I would consider our site to be one of the most technically advanced sites on the web.
Over the next 2 months we will be updating the layout to make the site more visually appealing, easier to navigate, and adding blog capabilities for our users.
We`ve been able to sustain our existance through advertising revenue, pay memberships (for premier members), and through a contest form that another company pays us when people enter. We have never turned a profit on the site. Every dollar we`ve made, we`ve given away as prizes in writing contests. I would like to turn it into a profitable business over the next year.
I think, actually I know, we need a better business model in order to get ahead. Do you have any suggestions that may help us to develop a business model for a company like ours? Any other creative ideas?
Thank you in advance,
Visit our poetry website today at: