An old website idea but it's still a good profit stream if done right.
I would assume that all of you already know what a directory is. Hell, there are even directories offline in file and paper form so we know it's been a system in place for a looooong time lol.
So my idea was to set up a sort of niche specific directory. The niche would be the town, so I guess it would be more of a geo targeted directory? Whatever, it's going to make money so let's not focus on if it's the niche I'm targeting or the location lol.
Now there is a limited amount of these that can be made and also be unique at the same time, but there are sooooo many towns/cities out there that it might be difficult to run into another one that is doing what you are. Most offline businesses or businesses who only have a website in order to have people contact them through may not understand that having their information on YOUR website or directory is awesome, but you can sway them pretty quick.
I would put up the best directory in the world using easy systems like wordpress and a theme, them add loads of content in order to target businesses in my town. Depending on the business, location, and a few other variables you can charge specific amounts. The town I live in is pretty ritzy and I could probably charge $100 a month per super premium listing but much less per basic listing, but only if I have the traffic to send them in order for them to make money. If you aren't getting the traffic, you won't get the sales.
Have any of you tried doing this in the past or are currently doing this now?
I wonder how much of a profitable idea this could be if boot strapped and done right at the same time. I would assume that you could get around $500 to $1,000 a month for each ritzy town in the area, but then again you can literally target anywhere in the world lol