I intend to generate targeted local leads through facebook advertising which has worked successfully before.with that mo...

Victor

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Victor

Member since

January 2014

On-time repayments

24 installments  •  25%

About Me

I am an entrepreneur with interests in technology and farming.I run a web development agency called East Africa Webhost www.eawebhost.net. Technology is a passion and the client's satisfaction is my gratification for value provided.I would use the loan to increase my online presence through social media which has the highest potential of traffic and leads.i would then use my sales funnel by offering freebies like free limited consultancy then upselling them to various products/services thus converting them to repeat customers for the business.

My Business

My income comes from the technology business and farming too.Farming is seasonal though.Once i do targeted marketing through Facebook advertising as the main source of traffic,i would then upsell the customers to different services available like Web Hosting, Domain Registration, Social Media Marketing, Web Design,Graphic Design,Software Development,Consultancy etc My average profits are anywhere between 30% to 100% depending as this is mostly a service oriented business.
My customer acquisition cost from social media campaigns from previous tests are between $0.5 to $1.5 but the value of business from them averages about $100

Loan Proposal

I will utilise Facebook Ads which i have used before with success.I will run ads with freebie offers of FREE Limited time consultancy for local businesses and upsell them on the various products and services including Web hosting, Domain Registration, Website Design and Development,Scripts Installation,Social Media Marketing(With an immediate focus on Valentines Day-i have done a survey on local restaurants and most of them have no social media strategy for Valentines Day.

The focus is to convert these clients to retainer clients thus creating a repeat, sustainable and consistent business.

My customer acquisition cost from social media campaigns from previous tests are between $0.5 to $1.5 but the value of business from them averages about $100.

Feedback

1

None

None



Loading...

Loan Info

Project Type

Classic Loan

Disbursed amount

$150.00

Date disbursed

Feb 6, 2014

Repayment status

On Time

Projected term

5 months

Lenders

Kitty

Hailsham, United Kingdom

T

Tec69200

Jacksonville, United States

Zidisha

Sterling, United States

rfcno

New Orleans, United States

B

blahblah

Nuernberg, Germany

R

randy98109

Seattle, United States

Jason

Auckland, New Zealand

Wiredfox

Macclesfield, United Kingdom

Sarasota

Sarasota, Fl, United States

Matching Fund

Sterling, United States

K

Kendah72

United States

P

Peaches

United States

Ask Victor a question about this project, share news and photos of your own, or send a simple note of thanks or inspiration.

Loading...

Loading...

Loading...