Someone dropped the question at the last searchsig regarding business model for tagging. I was ready to jump into the discussion with the examples of fabulous business model of TagDirectory.net or that of TagTagger. But alas, the audience didn’t know at that time about the ultimate business model for tag-based companies. The PRWeb press release hit the newswires today, leading to the discovery of 1000tags.com.
1000Tags is different enough from MillionDollarHomePage that is no wonder that in barely three days since it was launched is already collecting great success, great reviews and yes, lots of visitors.
They call it “the first commercial tag cloud”. And that’s exactly what it is. You can purchase a tag, pay by the character and font size, and expect a lot of traffic to your site as a result. If you’re not familiar with “tags” and “folksonomies”, they are the hottest thing on the web when it comes to label and find information, and the proof is the quick raise that 1000tags has gotten in such short period of time. In short, tags are like keywords but slightly different. For a better explanation, visit 1000tags.com, read their FAQ and see for yourself.
The goal of the site is to sell up to 1,000 tags, and they’ve sold up over 150 tags already, so they surely are going fast. At 1000tags.com, tags can be exclusive (once purchased, nobody else can use them), but cost significantly more, and they will only sell 50 of them – so they require a larger investment, but their ROI is certainly much higher. The remaining tags (shared) link to a results page with all sites that booked that particular tag. Shared tags go for as cheap as $25 a piece.
As for profits, 1000tags has already collected a fair 5 digit figure, and they’re planning to move their site to a dedicated server after the explosion of visitors started to kick in just yesterday.
This revolutionary company is issuing press releases right out of Sunnyvale, CA, so hopefully the 94089 will finally be known to the world as headquarters for a major Internet company.
