THE MODEL: An online community for car enthusiasts. It offers members the latest news and updates about cars and also a chance to join various communities within the network.
STARTUP: Car Throttle (British startup)
WHAT I LIKE
Core Idea – An online car enthusiast community.
Networking + Updates – The community offers users a chance to follow other car enthusiasts and also provides users with the latest news and updates about cars.
Niche – The startup is targeting a very focused niche with a big follower base.
Competition – A community is generally a part of the large auto ecommerce companies focusing on car sales online. Since those players offer the community alongwith a sales platform, competing with them will be difficult.