THE MODEL: A platform where users can track their favorite artists and bands and see when they are performing in their area. Users can also buy tickets through the platform.
STARTUP: Songkick (British startup)
WHAT I LIKE
Core Idea – A platform for users to search for and book tickets for concerts.
Benefits to Users – Users can organize their favorite bands and concerts in one place, get to know when these artists are performing in your area and also book tickets before they sell out.
Big Problem Addressed – Over 50% of concert tickets go unsold. The main reason is that fans are unaware of concerts taking place. The startup tries to solve this problem.
Competition – A lot of concert discovery and booking apps are competing in the market. The startup will face resistance growing into different geographies.