SeventyMM sets an ambitous target

Cool to hear that startup SeventyMM.com are bullish about the future. They are targeting $110Mn in revenues by 2010 [ContentSutra]. Exchange4Media.com is also carrying a story from April 29th, 2006 – “SeventyMM.com targets 500 crores in revenue…”.

From the article – their management believes the key to growth is not only the main market segment, Bollywood and Hollywood selections, but also the ability to provide regional selections and other eclectic selections (for example, art movies). The long tail of the DVD business!

SeventyMM have also shown their willingness to tie up with partners to provide movie-mood food to their subscribers through coupons and promotions. The pilot is currently available in Bangalore and so far the feedback has been limited but very positive.

Question is – what is the turnaround time for each DVD/VCD delivery? Anything greater than 3 days will leave me very unhappy.

One obvious point SeventyMM missed out on was DVD’s over VCD’s :). They were flexible and smart enough to catch up on that one quickly.

If anyone from Bangalore is reading this, I would really appreciate it if you could provide some insight on the viral promos!

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4 Comments on “SeventyMM sets an ambitous target”

  1. Ira Tondon says:

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    itondon@catchflix.com
    http://www.catchflix.com

  2. nemo says:

    Seventymm – HORRIBLE SERVICE!

    Recently subscribed and all the positivity vanishes the moment your cheque is collected.

    Ask for a suggestion and they will give an uneducated one! Order a DVD and wait until the delivery boy arrives, or you can call the next morning to check and the reply is its been dispatched.

    I waited half a day and then called again to check. Now the reply is “SORRY, SYSTEM FAILURE, DVD WAS NOT DISPATCHED”

    Guess these guys can do with some serious investment in SYSTEMS & CUSTOMER SERVICE PEOPLE if they want to be a leading online rental service.

  3. Shweta says:

    couldn’t agree more with nemo (above). I’ve been experiencing the same problem at the time of dilivery with seventymm but also for the pickup. They just don’t come up for a pickup, despite various reminders. I have a plan where I can keep a dvd/vcd for 4 days until they’ll charge me again on that dvd/Vcd. So even after various reminders they don’t pickup the dvd/vcd and keep charging me. Unfortunately I had opted for an annual plan and made the payment in advance.
    Seventymm should rename their site as AprilFools.com cause that is how they make their customers feel.

  4. Shweta says:

    We can very well figure out how they are raising millions!!! ” Fool the customers and make millions!”, seems to be the motto of this company.
    Please do visit mouthshut.com to read reviews of various other customers like me.