Internet Business Idea | Funkular.com

Category: Social Networking Ideas
Internet Idea: Funckular.com
Domain Idea: http://www.funkular.com
Description:

What is Funkular.com?

Funkular.com will be an online community for independent musicians.  Not only will musician be able to create their own profile and share music with one another but they can also use the site’s on-demand e-commerce software to build their own music CD’s.  They will be able buy or sell the CD’s, similar to café press but just for musicians!

Views: 0
Idea added: May 31, 2008
Website Software

Main Sections
USER:  Looking to buy, listen, and/or share music from independent musicians
MEMBER:  Looking sell, listen, and/or share their independent music
OWNER:  Will be able to control it all

Community Features:

Musician Profile:  Each Member will be able to create a ‘mini-website’ when they register at Funkular.com.  They will have the option to design their web page with easy to use WYSIWYG editors.  They will be able to upload backgrounds, images, videos, music, and more information about themselves.

Music Player:  Each Member will have the ability to upload music to their music player.  Members will be able to upload ‘X’ amount of songs to this music player for users to listen to.  This music player will be displayed on their profile page

Music Sharing (MP3):    Users will be able to browse/search Funkular.com and listen, download, and share independent musician’s music.  This will be a great way for an unknown artist to promote themselves. 

Video Sharing:  Members will be able to upload music videos to this section. 

Photo Sharing:  Band members will be able to upload photos to this section

Funkular Events:  Members will have the option to promote their band’s gigs through Funkular.com.  They will have the ability to list locations, details, time, send out e-mail invites, and even charge for attendance. 
Side Note:  A great way to promote Funkular would be hold Funkular Music Festivals all over the country.  If you build a large community of Independent artists you will have no problem “booking” artists to play.

Funkular Forums:  Each Member & User will have the option to participate in multiple forum topics on Funckular.com.  This will be a great way to musicians to interact with fans.

Funkular Blogs:  Each Member will have the option to create their own Blog.  Showing fans their personal side will be another great way to brand themselves.

Find Funks:  WebBizIdeas.com feels it is important to have a separate section dedicated to finding other independent musicians. Just like a business, finding the right partners to grow a band can be very beneficial to a musician’s success.  Here independent musicians can post ‘wanted’ ads if they are looking for band members.

Funkular Groups:  It is a very important function of any online community to allow members to create and join groups.  Just like a local community may have events, online groups encourages strong brand awareness and encourage members to stay in touch with each other.

Funkular Live Chat:  A great feature that many communities lack is online flash chat.  Members can talk one-on-one with each other or in large groups to stay in contact with each other.

Funkular Ratings:  Users will be able to rate each Independent Artists, featured members will be displayed on the home page.

Funkular Polls:  The site Owner will be able to display polls throughout the site to get feedback from members and users.

Personalized eCommerceThe reason why Funkular will have the social networking features above will be to build brand awareness and a large independent musician community to sell CD’s; this will be the main monetary value of the internet business.

Any online community needs more than Web 2.0 features, it needs to make money.  From a distance Funkular.com seems like another music sharing website that focuses on a great niche market.  With the current industry trends a social networking site that targets up and coming independent artists would be a great business decision.

WebBizideas.com does not stop there, social networking sites are not meant to stand alone.  Just like a shopping cart should be software inside an online store, social networking software should be built in or around an internet business.

Funkular.com will make the majority of its money on CD sales; the independent musician community will be used for a unique backwards marketing tool.  Independent musicians don’t have the time, money, and usually resources to attract a record label; usually they are giving out CD’s or selling them out of the back of their car.
Funckular.com will provide a unique solution for independent musicians, they will be allowed to sell their music on CD’s (or MP3 format) to their fans through Funckular’s On Demand E-Commerce Software.  They just need to upload their music and our software will take care of the rest.  Funkular.com will burn, label, and ship out the music to their fans and artists will receive a commission off every sale.

It is a win-win situation for all parties involved.  Independent musicians can have access to a “record label” overnight and not have to worry about paying high costs to burn & distributing CD’s.  Plus, with the right marketing musicians could be an overnight success!

Internet Marketing

CompetitionThere are many music communities online and there are many CD duplication companies online that market to independent artists; there are none that do both.  The closest competition we found was this website:

www.communitymusician.com

But they still charge $1000 - $3000 just to get started, many independent artist do not have that amount of money to spend.  In order to beat the competition the online community will need to be incredibly well designed (Web 2.0) and have absolutely no cost to become a member.

Internet MarketingThis internet business will need careful planning and the right marketing.  Like we mentioned, there is competition out there that you need to careful consider.  Building both parts of this business will not be like reinventing the wheel, the technology is out there to build both parts. Heavy emphasis will need to be made on marketing & promotions.  We strongly suggest you contract out to WebbBizIdeas.com to do write a professional marketing plan.


Future of this business: You can turn this business into anything if properly organized.  You can get in contact with a local or national radio station if you have enough new independent musicians posting music on funkular.com.  You could start your own radio station, your own music festivals, and your own music record label; think of American Idol- the demand for this service is out there.

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