A colleague that I (Elliot Silver) have done business with in the past, Lance Raab, approached me with an interesting crowdsourcing idea, and I would like to try it out on my blog. His article is below, and he is offering some serious prize money for the winner. Lance will select the winner of the contest and will be responsible for paying the prize. Aside from hosting this article on my blog, I am not participating in the contest.
I own the domain name IdeasOnDemand.com, and I am planning on developing it into a revenue generating website. (I also have the matching Facebook, Twitter, Pinterest, LinkedIn names, etc). I have a few ideas; however, I would like to explore all possible avenues before going down a specific path.
I decided to try something different and approached Elliot with the idea of engaging his readers to help me generate ideas by holding a contest, and he has generously agreed.
To participate in the contest, please post a comment on this blog describing your idea on how to best develop this domain name into a revenue generating website. The contest will last 10 days, at which point I will select the idea I like best. I will pay the winner $500 (via PayPal), and I will pay a matching $500 to Elliot’s favorite charity, Ronald McDonald House.
Note: if similar ideas are submitted and the idea is chosen, the person who submitted the idea first will win.
If you have any questions or need additional info, you can leave a comment on this post, or you can email me at lance <at> JazzMedia <dot> com.
The contest starts now, and ends at 11:00pm on midnight on April 4, 2013. I look forward to your suggestions.