#WeeklyContest #Expertise #StartupHunters The Second Feedbac | Idea factory

#WeeklyContest #Expertise #StartupHunters

The Second Feedback on This Week Ideas

Today we’ll take a closer look at the Earn While Traveling startup by Macaulay Godstime!

Overall Impression

The idea is creating a space for travelers where they would earn money by delivering different kinds of staff during their trip.

We find this concept interesting in terms of attractive interaction with users. It makes us understand what the business will be like and how the founder will attract users to the platform.

Video-Pitch

The quality is not the best, however we can see the speaker and listen to him well - and that is important. The speaker has a good pronunciation and presented the idea clearly.

Nevertheless, we would advise you to ‘play with camera position’, so you can change the angle of video recording and find a suitable place with good lighting, which is not too dark or light. Another point to notice is the sound, which is good but is followed by some background noise.

Advantages

Originality. The combination of traveling and earning money creates such a financial balance that may help those who travel for the first time on a tight budget. They could compensate their finances by working and traveling at the same time.

Attraction. The platform has every chance to attract plenty of travelers and people, making the whole process useful not only in a cultural aspect, but also in a financial one.

Sponsorship. Many tourism companies may become interested in investing in this platform to encourage its customers use their services.

Disadvantages

Revenue Model. Unfortunately, we have not heard about the revenue model, so the question of how this platform would generate money is open.

Competitiveness. There is a stiff competition on this market. For example, Work and Travel provides its customers with the same services as this startup.

However, the idea has all chances to succeed for its accessibility and comfortability, but do not ignore your competitors and regularly improve your project.

Market Potential

This startup is unique since it meets the needs of both traveling and earning. We forecast success to this startup on the market of global tourism, especially after the danger of pandemic will decrease.

Nowadays the tourist market is suffering from the world crisis, but this is the best time to start working on your idea and implement it.

Good luck Macaulay Godstime!