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by goofygrin 6636 days ago
Unless you want to sell, I think that you might be selling yourself short.

If you already have paying customers then you already are doing better than the suspected strong players that might enter the market.

My vote is to continue and see if the competition comes to you.

Unless you want to quit. You're not a quitter are you? ;-) (wink)

1 comments

We have paying customers, but only a few. Finding customers is harder than we thought it would be.

That's the thing. We want to sell. If we sell we have a little money we can use to grow our second product. Hire freelancers for graphic design, and so on.

Unfortunately, we picked a market where selling is pretty difficult for startups. It doesn't really sell via the web, so we need to call people for sales. If we could start again we would not make this mistake.

So basically, we picked the wrong market. We're still trying to graduate (MSc) and we think we can do a much better job when we try again.

Write it off or ebay exit - you are unlikely to recover significant money from this. If you aren't doing well, and don't want to do it, then get out!
get out of it....and side note why are customers hard to find...if its optimized at all or your running even a lame duck ppc campaign they find you...am i missing something here?
Well, one part is that it's a Dutch startup - targeted primarily at Dutch customers.

300 million people in the USA. 16 million in the Netherlands. So ppc campaigns are far less effective here.

The obvious question is: so why aren't you targeting the global market then? We originally thought that a local approach would help us get off the ground more easily. Perhaps we made a mistake there.