this post was submitted on 25 Nov 2023
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I think it is "5."
As you haven't consider the biggest cost involved in creating OF-like platform with 1.25 million DAU. It is, without a shadow of doubt, the marketing cost.
That line item in the cost sheet is the trickiest to quantify.
Because there is a first mover advantage involved. If you can identify a valid niche, it costs very little. People just come to you because there is no where else to go. Like starting a forest fire in summers.
But if you are the second app that is trying to be the new OF, or the 10,000th marketing agency trying get clients, your cost will hell lot more.
Thing is, they wouldn't be trying to be a new OF in this case, they would just be launching their own content through their custom platform, not hosting other people's content like OF does. There is some intersection between these businesses, but they are not in direct competition, in my view.
How does not hosting other people's content reduce the marketing cost?
These people are already famous, they are their own marketing. All they have to do is create the platform and point their fans towards it. Its not like they are creating an entire platform and personal brand from scratch - they already have one and just need a means to distribute and monetize it.
Can you give an example? I want to know how many fans they have? And how many DAU you think will be enough?
https://pagesix.com/article/all-the-celebrities-with-an-onlyfans-account/