If you are a dreamer and have grand plans of building or investing in the next billion-dollar startup which industry would you focus on?
Why social media of course. It is a no brainer.
Facebook (FB, Financial) was founded just over 10 years ago in February of 2004. Today Facebook has a market capitalization of more than $200 billion. Facebook did in 10 years what it took Warren Buffett (Trades, Portfolio) decades to do.
Twitter (TWTR, Financial) meanwhile was created only in March 2006. Only eight years later Twitter carries a market capitalization of more than $30 billion.
Social media is where dreams come true. Big dreams. Just ask Mark Zuckerberg.
To succeed as a major social media platform all you really need is an original idea. Nudg Media Inc (NDDG, Financial) thinks it has just that.
Nudg Media Inc. operates Nudg.com which is a brand new social media platform.
The Nudg business model intends to bridge cutting-edge social media and e-commerce into a marketplace that connects friends, family, consumers and vendors in new ways.
The website will be designed to be a centralized Internet portal and next-generation social media website that incorporates voice/text messaging, video email, video calling, VoIP calling and mobile technologies to allow consumers to access real-time information about various products and services through augmented proximity reality search features.
The unique idea that Nudg.com is bringing to the party is a “zone concept.” The zones are designed to group together users with a specific commonality.
For example if a person was to activate a colleague zone that a person could socialize with people with the same occupation/profession. Or when someone uploads content they can easily choose the zone that sees their post.
The zone concept should obviously make for a more enjoyable experience for users, but what it really does is attract companies that want to target their advertising to specific zones.
It isn’t hard to imagine how that might work. An example would be a zone that is grouped based on athletes focused on cross-fit. A sports supplement company would be interested in targeting this group. Alternatively the zone could be a grouping of stay-at-home mothers. Thirty years ago an advertiser would try and focus on this group through commercials during afternoon soap operas; today Nudg.com could be a far superior alternative.
A big part of Nudg.com will be reality coupons that feature proximity alerts for specific merchants. This will allow Nudg.com to attract a wide audience of consumers who are looking for coupons. It will also attract merchants who are looking to reach local customers through the Nudg.com Business Pages.
The way the coupons work is that Nudg members will receive alerts via their smartphones when they are within proximity to a business offering a coupon. The members then redeem the coupon by displaying it through their smartphone at the time of purchase.
Operationally Nudg Media Inc gaining critical momentum as evidenced by its recent press release which detailed the release of its new app for Android phones:
CARSON CITY, NEVADA--(Marketwired - Sep 22, 2014) - Nudg Media Inc. (NDDG) (the "Company") is pleased to announce the planned development and integration of a Google Android App for Nudg. The addition of an Android App along with the present Apple App will expand the Nudg community and allow Nudg Media to take advantage of the Android's 84.7% market share. The IOS Apple App development was a major accomplishment having undergone extensive development and therefore will allow a much more rapid extension into Android. NUDG is a mobile application positioned as a customizable interactive social media App with multiple uses and is designed to bring the "social" to social media. The focus is to combine various applications into one social site which allows complete community participation and extensive privacy options.
Nudg Media Inc is a young company with grand ambitions. There are plenty of competitors in the social media arena and lots of big fish with deeper pockets. This is not a low-risk opportunity but rather a company with a dream.
But as Robert F. Kennedy once said, “Only those who dare to fail greatly can ever achieve greatly.”
For an example of just how fast wealth can be created in the social media sphere, consider for a moment the case of Tinder.
Tinder is an online dating app that was launched way back in September of 2012.
Tinder finds your location using GPS, then uses your Facebook information to create your profile. A Tinder profile is made up only of your first name, age, photos (of your choice) and any pages you've "liked" on Facebook.
Tinder then finds you potential matches near you and if they take your fancy, you swipe right to 'like' them. If not, go left to "pass." If they’ve also "liked" you – bingo. It’s a match, and you can start messaging.
Not much more than two years ago Tinder didn’t exist. Today the company is in talks for a round of financing that could value the company at nearly $1 billion.
That is all that it takes to create a billion-dollar company today –Â one good social media idea. Tinder had, who will it be next?
Time will tell if Nudg.com’s zone concept and reality coupons will be enough to drive the company to success. One thing is sure, Nudg Media Inc with social media has targeted the right sector for trying to do something special.
