Hi Fellow Rodinhooders
I am here to seek suggestion from all of you. I and my two friends started a venture – eWeLink (A campus networking website). The idea was to connect students of various campuses together and indulge them into various social activities. We created the site in 2011 and launched it on 1st Jan 2012. Till date we have around 1000 users. We have been trying to keep the users engaged but so far I don’t see any progress and all our effort seems to have wasted. We have not invested much on marketing / SEO or any other form of advertisement so far. All these users were informed about the site either because they were our friends or using social networking website like Facebook, twitter, etc.
We have spent around 30K for the website server / domain and other misc charges this year. There was no development cost as the complete development was done by me only. But now as we are not able to generate visits / increase user base or generate income out of our website, we are unsure of what to do next.
Any suggestion is appreciated. Shall we continue with the site? Then what process / strategy should we follow to generate some revenue or at least increase our user base. Or should we quit our plan and start something new?
Thanks in advance.