Questions

Matching new consumer brands with hospitality spaces to test customer demand. Is anyone else doing this already? And how can I generate revenue from this idea?

I think you'd have a good market if you started with hotels like Ace, etc. who want to be trendy and using local consumer brands.

There are probably several ways to monetize this.
1) Work with the hospitality companies to curate the brands that they want to represent their company. You can charge as a service provider for this.
2) Work with the consumer brands and push the products on hospitality spaces. You can charge as a marketing agency.
3) Both options above also leave room for you to monetize as an affiliate (take kick-backs for sales generated by your service). I think it was Ace that was also selling the products that they were using to guests. (ex. if you liked the soap, towels, robe, etc. you could buy them through the hotel.) You can an affiliate kick-back (probably shared with the hotel in this case) for every sale.

These are just a few thoughts, but there are a ton of possibilities and I'd have to know more details about what you are thinking to advise better.

Good Luck!


Answered 4 years ago

Unlock Startups Unlimited

Access 20,000+ Startup Experts, 650+ masterclass videos, 1,000+ in-depth guides, and all the software tools you need to launch and grow quickly.

Already a member? Sign in

Copyright © 2024 Startups.com LLC. All rights reserved.