Which markets are ripe for disruption?
Which segments would you say have gone stale for far too long and ripe for disruption?
3 Answers
- Education
- Legal paperwork & contracts
- Moving industry
- Offline Payments & Money (Square is just the start)
- Wedding planning
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+1 for wedding planning - lots of money involved and many tasks are still a pain (finding a venue) – Webbie 11 years ago
Health. Massive market which isn't going away and is really interesting for new startups - because they don't have the obligation to continue sustaining their current products whilst developing new stuff at the same time.
For example, hospitals are always tight on budgets and the majority of that budget goes to simply existing and operating today and tomorrow. Very little budget and time for innovation.
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Agree on this one. A big and growing market like this one is primed for big changes via technology (cost-saving) and transparency (to fuel competition). – Webbie 11 years ago
Coupons -- both online and offline.
Construction -- 3D printing will be the tool of choice to disrupt it.
Insurance -- there is little transparency in the process of getting insurance for anything.
Security and Privacy -- an increasingly important thing to address.
Real Estate -- the commission that brokers take to just connect buys and sellers is nuts.
Packaging -- Amazon's frustration free packaging was a good step forward.
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+1 for construction - 3D printing is already here and just a matter of becoming mainstream. – Webbie 11 years ago
