Business Trends

The Opportunity with “Drop Servicing”

The Opportunity with

Both the recent ExplodingTopics newsletter and the premium Trends.co today identified “Drop Servicing” as a rapidly growing opportunity. This may be a good time to start a business around this idea before it becomes mainstream. “Drop servicing is the dropshipping model applied to services.” It’s an agency model of selling services but using inexpensive outsourced contractors on platforms like Fiverr or Upwork. With low startup costs, expect a lot more interest in this area. There are opportunities for courses, newsletters, discussion groups, membership communities, etc. “Productized services” are a higher quality version of this idea. WPCurve and DesignPickle are two companies to look into.

Business Opportunities: Other interesting search terms that are gaining in popularity are: indie hackersmicrolearning, and upskill. ExplodingTopics is a good site to keep up with trending search terms.

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Drone Pilot Training with Alan Perlman

Drone Pilot Training with Alan Perlman

Business opportunities often arise out of solving your own problems. For Alan Perlman, the problem was crashing a drone into a car tire back in 2014. Discovering how difficult it was to find drone training and regulation information online, Alan created UAVCoach.com to fill this need in the market. UAVcoach.com offers drone news, product reviews, and now has a community with over 50,000 members.

In the early days, the business was grown through inbound marketing. Creating high-quality content that ranked in search engines. Later the company shifted to contacting email subscribers and having phone conversations to find out exactly what readers wanted. This is where the idea for the first online course came from.

In 2015, Alan Perlman created an online drone training course that earned $6000 in its first few days of sales. That success enabled Alan to go full-time on the drone business.

In 2016, the Drone Pilot Ground School test prep course was created to help students pass the FAA drone exam.  More than 25,000 students have taken the course now.

Business Lessons: 

Finding product/market fit makes growing a business much easier. Alan struggled to scale his previous marketing consultancy business, but drone information and training was the right business at the right time. It’s important to try different ideas to see what the market wants.

Another important lesson here is that Alan invested the time to find out what his subscribers wanted. He emailed them and set up phone calls to really understand their needs. That lead to the training courses and a successful business with lots of future potential.

There are big opportunities in becoming a content hub and community for a rising trend. The difficulty is noticing the opportunity at the right time. Alan Perlman did it for drones. Pieter Levels did it for digital nomads. Courtland Allen did it for Indie Hackers.

Similar opportunities are emerging for “drop-servicing”, “no code”, “paid newsletters”, home schooling”, etc.

If you want to keep an eye on what’s next, you can try Google TrendsExploding Topics and rising subReddits.

Sources: OneTwo

The Marketing Magic of MSCHF

The Marketing Magic of MSCHF

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Persisting Through Failures to Find a Winning Trend with Dru Riley of Trends.vc

Persisting Through Failures to Find a Winning Trend with Dru Riley of Trends.vc
Zero to $24k in 4 Months
 
Golden handcuffs
Dru had a well-paying job that he enjoyed, but he also knew that if he stayed in his job for another few years, he may have never left. 
 
 
 
Product – Market – Founder fit
 
 
Finding the right formula

The Trends.vc newsletter focused on shorter content with mostly links to companies or articles for that weekly trend. 
 
Experimenting to Profitablity
 
Early on he tried to presell a report. That generated over 100 views but no one bought. Then he changed to half free crontent and half paid. That led to 30 sales for $3. That same day, he started his subscription pricing. 
 
 
 
 
 
 
Launching on Product Hunt
Hitting #1 on ProductHunt in August led to a massive increase in free subscribers and paid subscriptions.
 
That success is largely 
 


Trends.vc was something that he felt he could do longer. 
 
 
 
 
 

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Andrew Wilkinson on Starting a New Company in 5 Hours

Andrew Wilkinson on Starting a New Company in 5 Hours
 

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Shaan Puri – Frameworks Every Entreprenuer Should Learn

Shaan Puri - Frameworks Every Entreprenuer Should Learn

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