Oh, and my fellow friend Matt Lesniak shared this with me - incredible resource for community tools!
https://www.commsor.com/post/mapping-the-ecosystem-of-community-tools
PS: Stay tuned, we'll soon do some community tool survey later this week! 🙌
https://www.commsor.com/post/mapping-the-ecosystem-of-community-tools
PS: Stay tuned, we'll soon do some community tool survey later this week! 🙌
Commsor
Mapping the Growing Ecosystem of Community Tools
Community is a hot topic right now and the world of community is exploding with new tools and platforms. We get asked all the time about various tools in the community space, or if we've heard of a new product that just launched.
Remember, a while back, I mentioend how HackerHouse Paris was launching a subscription living.
On a smaller scale, we have Zoku, offering higher-end living for working professionals:
Selina, a hostel/hotel/experience company founded 7 years back, has a crazy story!
After running one hostel successfully, mixing it with local culture and great experiences, the company scaled to 35+ locations and 7,000 employees in 7 years only.
Then, the covid-crash hit and they had to close down some locations, let go of staff, and reinvent themselves.
And the even better news: they, too, go into subscribtion living.
With that, starting $324/month, residents can now travel across geographic regions (for example Mexico) and have dozens of Selina's to live from.
It's even more interesting than Zoku because having that many locations truly gives people the flexibility of being where they want to be.
Now, will this model work? There are some limitations:
1. The monthly fee is limited by region. For example, the monthly rate for Europe must be higher than Mexico, since rental prices are more expensive. It would be very hard for one company to launch a "global" subscription, since rental prices very a lot based on the area.
2. If people choose this subscription, they have to be in love with the brand. That means, you need to create die-hard fans. Will these be created in times of covid? Only the future will tell!