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The great thing about Homejoy's business model is that consumers who are happy with the service will provide a solid source of recurring revenue. Also, there is
by primitivesuave 12y ago
The great thing about Homejoy's business model is that consumers who are happy with the service will provide a solid source of recurring revenue. Also, there is no need to maintain a physical presence in a city aside from the city operations manager, so overhead is remarkably low.
- 2pasc 12y agoOn the other hand, once you have found somebody that you like there is very little incentive to stay in their system.
- lxmorj 12y agoInsurance maybe? I pay DogVacay 15% because they cover the crazy shit that usually doesn't happen, and then I can relax. Dog sitter got in a car accident? DogVacay sends someone to pick up the dogs and bring them to another place. That sort of shit.
- 2pasc 12y agoGood point. On the other hand, what do we know about the insurance that Homejoy provides its cleaners? There is a lot of grey areas for most of the collaborative consumption startups.
- malandrew 12y agoThere could be incentives from the other side. e.g. HomeJoy could serve as a bulk buyer of quality cleaning supplies to reduce the costs for the cleaners. Chemicals and cleaning supplies are not cheap, but drop in price quickly in bulk. If a cleaner has to handle any of those costs that can significantly impact profitability for them.