Wednesday, March 29, 2006

New Company - RemindMeCall

I started a new company with a friend of mine, Chris Brockbank, called RemindMeCall, http://www.remindmecall.com. It's been a blast getting it going. I developed the web site and the web application, and Chris has been testing the app and doing some marketing.

We have a number of people excited about the product. One company, Charmed Moments, has six of their top distributors using our system, in preparation for a big sales conference they are having in August. They're using it to place reminder calls to the guests invited to their parties. They anticipate it will boost attendance at the parties, and therefore, boost the sales at the parties. Kim Roylance, President and Co-founder, is hoping to create some compelling case studies from these six distributors over the next couple of months and then present it at the sales conference in August. This could mean hundreds of new subscribers for us!

There are two other large direct sales companies we will be speaking with in the next 3-4 weeks.

Another market for the system is the medical industry, including dentists, optometrists, chiropractors, etc. All of these professionals deal with appointments, and having even one "no-show" results in a loss of $100+ dollars. We have an optometrist in Idaho who is using the system and is planning on having his wife attend his next convention, setting up a booth, and selling the product.

She can do this because RemindMeCall has a great upside if you sell it: 25% commission, plus incentives to increase that up to 40%. And this is recurring revenue, meaning each month that your clients continue to use the system, you as a sales person receive your cut of their monthly subscription. It's easy to see how your monthly intake could just keep growing and growing!

There are so many possibilities for the use of this system. See personal uses and business uses.

I am currently working on providing a web service interface to the product, which opens the door for software vendors to integrate their systems with RemindMeCall's suite of services. All the software products used by doctors, dentists, chiropractors, optometrists, etc., could provide appointment reminders easily and effectively by integrating with our web service interface.

It'll be interesting to see how it all turns out.