Negotiation Service for Major Purchases
A service that negotiates on behalf of individuals and businesses for significant purchases such as software, cars, and real estate, ensuring they get the best possible deal.
Problem Solved
Many individuals and businesses lack the time, skill, or confidence to negotiate effectively, leading to overpaying for goods and services. Current solutions typically require significant effort and expertise that most consumers do not possess, resulting in missed savings opportunities.
Skills Required
Strong negotiation skills, knowledge of procurement processes, and client management.
Why this works now
The rise of online platforms like Turo and Carvana has shifted consumer behavior towards seeking better deals without traditional dealership experiences. A viable first-revenue move could involve partnering with local chambers of commerce to offer negotiation services to their members, providing immediate access to businesses seeking savings on significant purchases. Founders should consider the labor intensity of conducting negotiations, as each deal may require extensive time and research to ensure optimal outcomes, impacting scalability in the early stages.
Where this idea came from
Podcast: Startup Ideas Podcast
Episode: 6 startup ideas from the tech Warren Buffett (make $120k/mo)
Aired:
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