What do you think of this Business Idea?
March 21, 2010 by
Filed under Ideas for Business Events
What are your thoughts on this business idea.
A service that helps set up dating locations for first dates, couples, special occations, etc.. This service would cater a niche market for daters.
The service would provide potential customer’s with options to pick from for a date. Once a location or event is selected, the service would take care of all the arrangements. We would provide details about the location and what to expect.
For example, if someone picked a nice dinner, then we would pick a great location close to were the customer lives. Provide details about the menu, pricing and parking. We would call the restaurant and make all the reservation.
This idea is still a work in process.
interesting concept..give it a shot!
I like the idea, but you don’t need to stick with just first dates.
I see this working for everyone. It’s kind of like what my conception of what a concierge in a hotel does.
I could call you and say I’m going to be in XYZ city and I want to go to a Chinese restaurant serving Paper wrapped chicken in the downtown district.
I could go online and do the work myself, but how much easier it would be to pay you $5 or so and receive an email telling me the location of 1 or 2 places with directions, menu prices and parking.
You could have 2 websites, one for daters and one for travelers.
The idea may have potential. I see some pros and cons.
Pros:
It is a pretty original idea. Not a lot of competition.
Could be very fun to put together.
Likely to have a good percentage of repeat business.
Doesn’t require a lot of manpower.
Low overhead.
Cons:
Would require a lot of advertising to reach your market.
Since it is an unusual business, people won’t look for you, you have to find them.
Unless you focus on a very high end market, the fees that you could charge are fairly low, requiring a very high volume to succeed.
Requires extensive knowledge of the establishments in your area.
It sounds like you have an interesting idea. Now it is time to do some research. Figure out how much you can charge each customer. How much time you would have to put into each customer. Figure out what your expenses (including paying yourself) would be. How many customers would you need to serve in order for it to work? Talk to a few people. Would they pay that much? If so, you may be onto something good.