Are you building a marketplace? An Uber/Airbnb for X?
What is it called, what is it for and how do/did you handle the chicken and egg problem?
Would love to hear about your challenges and the way you overcame or maybe couldn't overcome them and why.
What is it called, what is it for and how do/did you handle the chicken and egg problem?
Would love to hear about your challenges and the way you overcame or maybe couldn't overcome them and why.
Yael,
I really like fitmytime.com .
I think you solve the issue here, because your fitness professionals guide their students to the portal.
I have a question though: how practical is it to conduct something like a yoga class remotely? How does the instructor see and direct the student?
Has there been much demand since your launch?
Thank you so much!!
To answer your question - The classes are performed via Skype or Zoom, and yes - It can be very practical to teach online. It does require that the teacher will do more "talk work" and give more verbal ques than in an in-person class.
The opportunity to talk and to give each other feedback actually makes this practice more efficient than watching a yoga class on YouTube and follow along. The personal touch (even though there's no physical touch ;)) is the most important ingredient in working out with a personal trainer - whether it's yoga or general fitness.
The truth is that when I started I thought yoga teachers will be less interested in the platform than fitness instructors, but then more and more yoga teachers started to sign up. I recently found that some yoga teachers offer remote classes on their website, but it's not very common, yet.
I should probably write an article about all this.. Thanks again for the feedback!
I posted this reply in another similar thread here on IH:
Some of the challenges I've faced with early stage marketplaces and using Studiotim as specific marketplace example have been:
In the case of Studiotime (www.studiotime.io), I was not initially immersed in the industry/market so it was not an easy process to speak with enough potential users, then first adopters quickly enough as the marketplace then began to rapidly gain traction and scale. I ended up making a bunch of business and revenue model assumptions that were then changed as I spoke with more people.
With Studiotime, this was nearly impossible to do in the beginning as hundreds of studios created listings when press picked up our launch and there were studios that ranged from home studios in people's apartments to top-line and private studios.
In the case of Studiotime, we experienced a false growth/liquidity fallacy with too many listings that came with the press and not enough demand for them (due to supply variance, location, etc). I had to learn how to then create liquidity using manual processes, then try to automate this very quickly.
With Studiotime, this was a huge issue in that a large number of transactions were being taken off the platform and I couldn't initially identify why from monitoring messages and transactions. I put a subscription in place for studios to list, which accounted for this and then focused on understanding why transactions were being taken off Studiotime and then fixing this issue. It ended up being not enough information/details on the studio listings for artists to book, the booking request flow, and some other product limitations with the initial MVP.
The above are just some of the challenges I've faced and some supporting insights with Studiotime as the marketplace example. Hope it helps others!
Hello, me and my team in Colombia we are doing a marketplace of services , as house cleaning, clothes washing, car was. But we are not sharing economic. We join the best companies of each service.
So you help them get more customers?
Yes, exactly , we get a % per service. Those companies are great hiring people, but they are so bad for do marketing things, so we can find clients for them .
I did contract work for one. They were struggling for a while but are getting better.
They have a free tier to help grow the host listings, and then additional accounts for different pricing options (monthly fee + transaction costs). A lot of social accounts and outreach as well.
How long did it take them to get a decent amount of supply since launching? Or maybe they had some suppliers beforehand?
Just remembered I didn't respond to this after seeing the other post :)
I'm honestly not sure. I came in later in the process. I think they've had ups and downs over years, but are slowly gaining the marketing experience, hosts, and visitors they need. Sorry I can't answer in more depth.
I'm in the process solving this problem with my platform which is a learning platform for kids. The challenges that I'm facing is getting tutors/teachers to sell online courses and then promote to potential students (kids).
I'm also close to solve this issue.
I feel like there is something wrong. You usually promote to the potential customers. Kids are your end users but not customers. Customers are parents in your case.
Yeah, you're right.
Interesting, thank you Azhan. The challenge is finding teachers who already sell their courses in other places and getting them to sign up or is it to actually get teachers who would agree to create an online course especially for your marketplace?
Well, it's a place for teachers making online courses for my platform. You can think of it like Udemy but kids focussed.
Sounds promising, good luck! Would love to hear more details about the entire process some day!
Thanks.