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When should I pivot?

3 points| Apane | 9 years ago | reply

For example, I've built http://www.fastveneus.com as a way to connect diners to unique/discounted set-menu meals at their favourite restaurants. However, it's strictly a web app, and the bookings have been less than promising. Is the web-app dead? Should I invest in turning it into a mobile app?

Or is it a business model issue? E.g. that people just don't want to book and pre-pay for a meal when dining in at a restaurant, even if it's discounted through fastvenues.com

9 comments

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[+] rubinho_|9 years ago|reply
I think you're missing one option; could it be that people don't know it exists? Maybe you could try marketing the product extensively before pivoting to another platform.

Good luck with the site!

PS: the first URL in your post is spelled incorrectly (fasveneus.com instead of fastvenues.com)

[+] Apane|9 years ago|reply
Thanks, fixed the link.

We have done some marketing via LinkedIn ad's, facebook ad's, even paying for influencial foodies, who have large followings on instagram to try a complimentary meal/booking using fastvenues.com and reviewing it, and even with a really positive review, not one real conversion. What's wrong with the product? Why or why wouldn't you use Fastvenues.com to book/reserve a unique/discounted meal at a great local restaurant?

[+] gamechangr|9 years ago|reply
Hard truth - I think it's a mix of both. Move on.

Ease of use is everything. Consumers don't want to have to agree to ANYTHING, especially if its the value is limited to one time use.

If they were considering signing up, it would HAVE TO BE a mobile app.

[+] Apane|9 years ago|reply
You can even make a booking WITHOUT an account, by checking out as a guest, still nothing. We need advice. What's wrong with the product? Why would or wouldn't you use it to find and book a unique/discounted meal at a local restaurant. You would use UberEats I'm sure for convienient delivery, or JustEat for take-out orders, why not use Fastvenues.com for the dine-in experience?
[+] benologist|9 years ago|reply
You should pivot if you're tired of pursuing customers, but if you've only been coding and waiting for users to spontaneously show up then try a new tactic.
[+] Apane|9 years ago|reply
The product has been built for 6 months, and we've been pursuing customers, hiring and firing sales reps, it's been a very tough battle. We've signed up 10 real restaurants, that are able to process payments and orders/bookings, but our marketing efforts using Linkedin ads, facebook etc... are un-promising. Out of 1000 targeted visitors not one has converted to a booking. You can even make a booking WITHOUT an account, by checking out as a guest, still nothing. We need advice. What's wrong with the product? Why would or wouldn't you use it to find and book a unique/discounted meal at a local restaurant.
[+] jayjay1010|9 years ago|reply
those discounts look expensive. go get some real deals on there and see if things change, even if you give it away to see if its the prices your offeirng are too high
[+] Apane|9 years ago|reply
so the conviencince of booking online, and reserving all in one shot and not having to take out your wallet at the restaurant, isn't enough? we'd need a really compelling discount to make people take action and find real value? What kind of discounts are we talking, 35-50%? Or in other words, what would it have to be, for you to use it? IF you would use it, or maybe you wouldn't, and if so, why?