Market opportunities, potentials and barriers

About the company

Droppin has developed and is operating a digital marketplace where service suppliers sell their last- minute available capacity and customers get a better price on last minute appointments. Customers can compare and sort their search by price, location and time. 

Droppin was launched May 2017 in Stavanger, March 2018 in Bergen and June 2018 in Oslo.

Was a part of Validés ITSA program 2016 for accelerating promising startups. Was among top 5 in the regional finale of Angel Challenge. Won the regional competition ran by SR-bank; Grünerhub. Droppin has received funding by Innovation Norway, Validé and some private investors.

Background
Droppin was launched May 2017 in Stavanger, March 2018 in Bergen and June 2018 in Oslo. Was a part of Validés ITSA program 2016 for accelerating promising startups. Was among top 5 in the regional finale of Angel Challenge. Won the regional competition ran by SR-bank; Grünerhub. Droppin has received funding by Innovation Norway, Validé and some private investors.  Today over 125 suppliers have signed up and use Droppin, over 7000 active customers and more than 4300 bookings has been done through the platform.

Challenge
Today we sell capacity for salons within the beauty and wellness industry. This industry has a turnover of over 12 BNOK only in Norway and with around 10 000 salons of various size. This market is characterized by a conservative attitude towards technology and loyalty to existing booking systems. ( existing systems are in-house booing system and do not reach out to new customers in the way Droppin do). We want to explore new market opportunities and want you do look into new markets with great potential. What services need Droppin to fill capacity and what services would make it much easier for the customers? What are the potential, how is the barriers ....?