By: Angel_1 $$$
Reply To: 702 by rodeo79 $$$
Tuesday, 29 Aug 2000 at 1:01 AM
EDT
Post # of 706
Rodeo79~Float and Revenue Model
Common stock, $0.01 par, 50,000,000 shares
authorized, 11,940,057 shares issued and outstanding
REVENUE MODEL
JVWeb is refining its revenue model into four distinct categories:
1. Joint ventures. As we have been announcing over the last year,
we have entered into a number of joint ventures. Our strategy has
been to target the establishment of ventures that feed off of each
other, and represent an "internet eco-system", as a self-supporting
network of e-commerce ventures. A more complete discussion of
these various ventures and how they inter-relate is outlined below.
We would like to emphasize that we see our core capability as
creating on-line strategies that work. Therefore, we anticipate that
our pace of developing on-line ventures will accelerate and we will be
aggressively selling these ventures to major companies in search of
on-line strategies that can work for them. Revenue Status: The status
of the individual ventures is reported below.
2. Fee for Service. As we had announced recently, we have made a
significant investment in a sales campaign to generate service
revenue in the areas of web hosting, web development, and internet
strategy consulting. To showcase our internet strategy capabilities,
we feature our creation of our varied joint ventures, as well as the
targeted strategies represented by www.crisis-communications.com,
and www.webdisasterrecovery.com. In this campaign, we are making
contact with hundreds of companies each month. We are presently
one month into the campaign, and are now at the stage of
establishing first appointments. We have noted already, however, that
fully one half of the companies we are contacting, in the Houston Gulf
Coast area, have not yet even developed a website! Therefore, we
feel a strong market continues to exist for web development services.
As we have a long-term commitment to this campaign, we are
confident this revenue center will be a robust contributor to our
revenue stream. Revenue Status: We are already generating a
minimum of $10,000 in monthly revenue from this division, primarily
from providing service to our joint venture partners. We feel we are
on track to meet our goal of having this division generating a minimum
of $30,000 in monthly revenue in the near term.
3. Integrated Sponsorships. JVWeb has made a core commitment
to provide content programming as a specific value add to its various
joint ventures. This is presently manifested in the two properties,
www.ihomeline.com (and its companion site, www.ihomeline.co.uk), a
radio and internet talk show centered on home remodeling, and our
suite of media assets revolving around the sweepstakes industry. We
have determined that our resources can best be deployed in
developing programming that can be distributed in multiple channels,
including radio, the internet, print, and (ultimately) video. As a result,
we are building an inventory of advertising space that is available in
the form of "integrated sponsorships" to national advertisers. More
than just banner ads on a website, these integrated sponsorships
allow the advertiser to reach its audience through a variety of
mediums, often as content imbedded in the programming. This, we
feel , offers superior value to the advertiser. We expect this inventory
to grow dramatically over the next twelve months, as we build our
programming and its corresponding distribution through the multiple
channels as mentioned above. Revenue Status: We have met 20% of
our internal goal of generating $30,000 in monthly revenue by this
time. Although this is disappointing, we have also expanded our
inventory of sponsorship ad space available to over $120,000, which
far exceeds our goal of $60,000. Further, the Sweepstakes assets is
expected to double this again, to an additional $120,000 in ad
inventory, by mid-summer. We are adding a second sales person to
handle this increase of inventory. As a result, we anticipate rapid
actual revenue growth in this area.
4. Commerce. The ultimate goal is to generate commerce. JVWeb's
view is that commerce is to be generated through a blend of
traditional and on-line strategies. In that regard, we are presently
concentrating our efforts in the following areas of commerce: a.
On-line subscriptions. Whether driven by sponsors paying for
exposure, or subscribers paying for content, our present ventures,
specifically, 1) a suite of media assets centered on the sweepstakes
industry, and 2) a financial newsletter, are well-suited for this
application of commerce. Revenue Status: We will be launching the
two on-line subscription products mentioned above in June. We
expect, within three months of start-up, the two newsletters combined
will be generating a minimum of $50,000 in monthly revenue.
b. Sale of merchandise. Through both www.ihomeline.com, and our
soon to be re-launched www.dadandme.com, we have branded
merchandise that can be sold. Revenue Status: We are presently
lining up retail partners for these two product lines, and do not yet
have a timetable for revenue generation.
c. Projects in process. We are actively engaged in developing, with
partners, additional commerce opportunities that we feel will succeed
in profitably generating revenue through commerce. |
