Infrastructure for parties
Since 2016 I have been to many awesome parties because of a friend of mine who has an agency, but the experience was never as good as it could be, and the reason was that his agency was lacking data and tech.
Party POS
Ticket Sales
Analytics
V.I.P Lists
Features: Manage KYC, RSVP, Check-in, Check-out, Feedback, and Recommendations
How we make money: Subscription
We can divide the V.I.P users into groups of exclusivity, each group having more perks and being more expensive and exclusive.
V.I.P 1, V.I.P 2, V.I.P 3, Elite
Most people would be willing to pay a subscription to have an exclusive waiting line that is smaller and faster
Most people would love receiving customized invitations for parties that suits their taste.
Having different groups of V.I.P would allow for better networking and the feeling of belonging to something special and exclusive.
We would solve many issues for V.I.P list managers like Val.
Features: Manage KYC, Payments, Check-in, Check-out, Feedback, and recommendations
How we make money: Fee per ticket sale
Fraud is one of the biggest problems in ticket sales, if we have a verified customer-base we would allow agencies to sell tickets with more confidence and increase conversion rates.
We would be able to provide valuable data from customers.
Features: Dashboard, Real-time data, reports
Most agencies have no valuable data about their parties, questions like how many people are currently in the venue? How many have left? Can we allow more people to enter to increase revenue? Those questions are left unanswered.
If we build an infrastructure for parties, we would be able to provide those valuable data to agencies.
Features: Manage Inventory, Manage Orders, Recharge Wallet, Make Orders from Wallet Balance
If we create a unified way to pay for things inside the venue, we would enable greater customer experience, we could also develop a wallet that could be used in every party on the platform. The POS would have custom software to manage inventory, make orders (like drinks), recharge wallets, and also use the remaining balance in other parties.
How We Make Money: Fee per transaction
Everywhere in social media, people are posting about how when the social distancing ends, they will go to every party they see. There will be a huge demand for entertainment, and that could be a huge opportunity for an infrastructure for parties to be released.
We could use this time where parties are postponed, to develop our platform with growth in mind, and release when people and agencies are ready to make a comeback.
We have the ability to create a very powerful platform that operates globally like Uber because parties are pretty much the same everywhere in the world.
We could operate in many countries in just a few years.
We could offer both users and agencies, a global solution for entertainment.
If we build our platform from scratch with growth in mind and a set of products that spans the lifecycle of a party, we would have a platform second to none, and with a microservices architecture like Nubank, we would be able to scale quickly and develop new features faster than other players.