TextMarks SMS Alerts
I’m sure you guys already heard this first from TC but I don’t think the business model will work in the US. Most mobile phones now have either GPRS, 3G or Wifi — why would one get his latest updates via SMS?
A publisher signs up for a TextMarks account and chooses a price to subscribers (either $4.99 or $9.99 per month). Readers subscribe to the alerts via a Flash widget that’s embedded on a website or by sending a text message to 41411 plus a unique keyword, confirm the subscription on their cell phone, and then receive the alerts. The service is currently only available to U.S. cell phone users , using Cingular, Verizon, Sprint or Alltel services. Publishers decide what news is important enough to send out as SMS alerts. Up to 100 alerts can be sent per month to subscribers.
But here in the Philippines, what do you think? I haven’t been updated how Inq7’s SMS alerts work but I guess they’re doing pretty good with that as well. Matter of fact, I’ve actually talked to a CP before about providing RSS alerts via mobile phones and in return get 10% of the revenue. I had reservations and didn’t push thru with it.