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Please post reasons and/or a piece of information that provides insight as to why that industry is ripe for disruption
This may be one of the most obvious ones out there. Artists don't need the record labels anymore. The money is not purely in the music, but ticket sales, merchandise, extra content,etc.
I like what topspin media is doing. Myspace has made great strides, but it's just a start.
ebay sucks, for both the buyers and sellers. and ebay doesn't even like auctions anymore, they're moving towards the amazon-style marketplace model.
ebay/auction sites/local commerce can be done better.
online auctions. ebay sucks, for both the buyers and sellers. and ebay doesn't even like auctions anymore, they're moving towards the amazon-style marketplace model.
CraigsList is not the be-all end-all of buying/selling things locally online. It may be a tough nut to crack, but it won't be hard to radically improve upon their horrible user experience. I would love to see some competition in this space.
- ERP ssystems are impossible to understand for the people that work with them, and require an army of highly paid consultants just to get it up and running.
- financial software for large companies doesn't allow managers to see numbers in real-time, is difficult to get numbers in and out of, and hard to use.
- HR software for managing people, their interests, knowledge, track record, etc. in large companies.
These are just a few examples off the top of my head, I'm sure there are many more.
The advantage of B2B software is that you have a very good income model. A SAP ERP system for a company with 1000 employees runs into the millions. There are customers out there willing to pay you by the bucketload if you can make something that doesn't suck. And most of what is on the market today sucks badly.
This is an industry that has been resting on its laurels for many years, and is ready to be picked off by nimble competitors.
Summary: Fancy this: racetracks that keep 93% of your money and return only 5% in winning tickets. They wouldn't last long, not unless they could somehow rig the rules to both forbid price competition and make the purchase of race bets mandatory. That's more or less what the title insurance industry has done to American homeowners.
online auctions. ebay sucks, for both the buyers and sellers. and ebay doesn't even like auctions anymore, they're moving towards the amazon-style marketplace model.
Good one. Ebay is just such a force to be reckoned with, but they've completely lost their soul. They've pissed their sellers off like none other. You would have to have something so different and innovative to start stealing their thunder. Maybe you start in a different niche ie- Etsy. I really like what Etsy is doing.
online auctions. ebay sucks, for both the buyers and sellers. and ebay doesn't even like auctions anymore, they're moving towards the amazon-style marketplace model.
Good one. Ebay is just such a force to be reckoned with, but they've completely lost their soul. They've pissed their sellers off like none other. You would have to have something so different and innovative to start stealing their thunder. Maybe you start in a different niche ie- Etsy. I really like what Etsy is doing.