1. Demand: Yes, there’s strong demand—event planners seek streamlined solutions to find, compare, and book vendors for services and rentals quickly, avoiding fragmented searches across multiple platforms.
2. Challenges:
• Vendor Onboarding: Convincing vendors to join, maintain listings, and provide competitive pricing.
• Trust and Quality: Ensuring vendors deliver reliable, high-quality services to build credibility.
• Monetization and Engagement: Balancing platform fees to attract users while maintaining profitability.
3. Opportunities:
• Niche Differentiation: Specialize in unique categories (e.g., luxury vendors, sustainable events) to stand out.
• Tech Features: Add tools like instant booking, real-time availability, and reviews to enhance user experience.
• Scaling Relationships: Partner with large venues or planners for recurring business and greater visibility.