Gotcha. Most subreddits are averse to self-promotion, so you run the risk of a negative response from redditors. I can't speak to Facebook groups since I don't use them much.
It might be difficult to target ads to landlords on these platforms. I am not sure what targeting attributes might be available.
Maybe you could cold email/call property management companies and you might find specific people to email on LinkedIn. They manage larger number of properties and so this might be a bigger pain for them? Cold emailing and selling also makes it possible to get continuous and early feedback from engaged customers. It might not scale, but that's fine [1]
I guess we are so stuck on the NO paid acquisition idea that I haven't really though how cheap it would be to test.
Based on what we've tried so far, this might actually be a faster way to test.
Thanks!
I am working on it now, it's time consuming and will yield results down the line.
Our team is hoping to try social media to accelerate acquisition at an early stage.
(e.g. it was reading about machine learning at Stitch Fix (SF) that I felt solidarity for them and became a subscriber)
That aviation podcast is like a freight train, but that is because they have been doing it so long.
If there is a royal road, it is to pay someone and ride on their momentum. For instance the SF company will hire pro bloggers, you work with an "influencer", etc.
This San Francisco entrepreneur staged a fake protest to launch Salesforce.com (SF)
I get your point, but having people come naturally is challenging since the company is new. They need to find out about it.
Paid ads are a NO as we want to do a few iterations of the product (and validate it) before we throw money at it.
Hi everyone, I’m Alex, one of the co-founders @ Xspaced.
The pandemic has affected the US rental market in a particularly challenging way.
Millions of rent payments are delayed by COVID‑19.
76.4% of tenants paid rent as of September 6, 2020.
This number only reflects payments made to large multifamily operators and does not include rent payment defaults in the single family market.
So we launched free tools to help landlords and tenants affected by #Covid19.
Xspaced is providing support by allowing anyone to:
- create installment plans for missed rent or security deposits;
- safely pay monthly rent.
It works for both Commercial and Residential properties.
As of today we are live in all 50 states.
A few cool things about Xspaced:
- No credit checks;
- No time consuming on-boarding;
- Creating a plan takes less than 1 minute;
- Did I mention it's free?
About us.
We are a fintech startup based out of Oakland, CA.
Our mission is to make housing more accessible by bringing modern financial services to the rental industry.
If you or anyone you know is finding Rent Payments during Covid challenging, please share with them our product (www.xspaced.com).
Thanks!
P.S. Happy to answer any questions / listen to any feedback.
If the tenant can't pay the rent, do you give the money from your pocket to the landlord and collect that money split in small parts during the following months?
Thanks everyone for your input.
I think I have a better understanding about what's what here.
The dev team wanted to drop React as a frontend layer to save time on development.
We decided to stick with React for frontend since there has been over 40 hours spent on development on it.
We'll try to save time by off-loading some features and sign up flows until after the MVP is in public beta. Fingers crossed...
What kind of help are you offering?