Software Ideas Premium Newsletter Preview | Issue #30! ⭐

Software Ideas Newsletter

ISSUE #30 Preview
 

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Actively looking for your next Software Idea? Here's one company ready for disruption!

Opportunity 1: Condeco

Summary:

Condeco is a desk management and meeting room tool. Using Condeco's workspace scheduling solutions, business can control office occupancy, improve space management, and facilitate flexible working.

"What do you like best?
Condeco is user friendly, easy to navigate, and graphically easy to navigate. It is also easy to add and remove meeting rooms, change the groups and types of rooms, etc. We have used it intensely for the past 3 years and are very happy with the results, it has made a world of difference to the management of our in-house events, catering, A/V, and facilities.

What do you dislike?
A great addition would be the use of icons to help users and administrators get a quick glimpse of services or statuses of bookings on the grid. Other than that, I cannot pinpoint something that we really dislike!"

- Francesca S. [1]

Competitor Analysis:

Robin: $45M ARR [2]

Price: [3]
  • Free Trial: 14 days
  • Basic Plan: Starting at $1,500/year
  • Pro Plan: Starting at $3,500/year
  • Premier Plan: Available Upon Request
Robin is a meeting room and workspace scheduling tool.

In terms of features, this tool is pretty similar to Condeco. In fact, both tools recently launched solutions aimed at organizations gradually returning their employees to the office during the Covid-19 pandemic.

Another interesting similarity is that both companies have raised nearly identical amounts of funding - roughly $30M USD.

Robin is currently used by Shopify, Mailchimp, and Twitter.

Downmarket Opportunity:

The down-market opportunity for this market is to create a software for companies who are moving towards a "sometimes-remote" or "partial-remote" organization, where employees are expected to work remotely some portion of the time.

Our solution will integrate with with a major business email client such as Microsoft Outlook in order to make it easy to see who is in the office on a given day, and make it easy for employees to adjust their schedules to set which days they will be available in the office.

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  • 📝 In-depth market analysis to understand how Condeco fits into the current market landscape, so you can understand how to position your down-market product.
     
  • 🤕 What pain points exist for partial-remote companies, and how you can build a product that solves them
     
  • 🏗️ The ideal MVP - what that would look like for this down-market opportunity and how to build it.
     
  • How to find your initial customers, what channels to explore, and what the next steps are to run with this idea.

What other opportunities are there this week?

This week, we'll also be looking at:
  • Quote Proposal Software - A type of software that helps companies submit beautiful proposals, accept payments, and more. 

    We'll be looking at how we can create a quote proposal software specifically for a pain that solo freelancers feel!
     
  • Rewards Software - Rewards are a great way to incentivize user behavior to maximize user engagement. In this week's issue, we'll discuss how we can create a powerful solution to offer Rewards-as-a-Service to SaaS companies.
If you want to see these opportunities, releasing live at 2 PM Eastern Time, you can unlock the premium newsletter here!

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Thanks for reading!

Talk to you next week!
Kevin Conti
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