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You're totally right though I should clarify what I meant by broken. There are so many hands in the cookie jar and so much bureaucracy with payouts that it take
by ruffrey 11y ago
You're totally right though I should clarify what I meant by broken. There are so many hands in the cookie jar and so much bureaucracy with payouts that it takes millions of investment to get this business off the ground. And it wouldn't be profitable. It's a technically simple concept and we had this (albeit false) feeling that "this should be easy to do." I mean think about it, a DJ charging people for song requests would essentially run into the same problems that we did. We were just adding one layer to the business model and enough to try to cover operating expenses.
There are jukeboxes that do make the business model work, but they are hardware that cost 10s of thousands of up front investment for the bar or coffee house. We found, in market research, that 100% of the surveyed businesses would use this kind of service, but they wouldn't pay more than $25 - $100 per month for it, absolute max.