VendorVault - Festival & Event Intelligence Platform
6/10
Demand Score
Vendors lose hundreds of dollars per event from unexpected costs and poor location choices. Missing critical venue information can turn profitable events into losses, especially for small operators with tight margins.
8/10
Blue Ocean
Competition Level
$149-299
Price/Month
Predicted customer spend
40 days
Time to MVP
Difficulty: Moderate
The Problem
Lack of transparency around billable expenses remains a major source of conflict between firms and clients. According to industry data, lawyers fail to collect 11% of the hours they bill clients, with a significant portion stemming from expense-related disputes. Clients commonly question charges like $0.25 per page for photocopying, $99 charges for "electronic research," and even bills for sandwiches eaten during working lunches.
🔗 Validated by Real User Complaints
This problem has been verified through 2 real user complaints:
Competitor Landscape
- Facebook groups - unstructured information
- Event listing sites - lack vendor-specific details
- Google Maps - no event-specific data
- Word of mouth - unreliable and limited reach
Must-Have Features for MVP
Venue database with vendor-specific details
Profit/ROI calculator
Event application tracker
Community reviews and tips
Weather and traffic integration
⚠️ Potential Challenges
- Building initial database of venues
- Encouraging vendor participation
- Verifying accuracy of crowdsourced data
Risk Level: Minimal
🎯 Keys to Success
- Strong network effects as more vendors join
- Partnerships with event organizers
- Mobile app for on-site updates
- Gamification for contributors
Ready to Build This?
This moderate-difficulty project could be your next micro-SaaS success.