Consumer, Marketplaces, Mobile
LocalOye is a commerce engine for the events industry, and their first product is a is a platform to discover and book venues.
Finding venues for events is a frustrating experience; involving dozens of phone calls, venue visits and confusing parameters like PAX, Corkage and IMFL Drinks etc. The LocalOye engine takes into account exhaustive meta-data like pricing fluctuations, locality preferences, amenities and catering specialties etc. to suggest venues.
Currently, venues work on less than 50% occupancy rate, even during peak months. LocalOye helps improve this via relevant leads and efficient inventory management. LocalOye is also building SaaS solutions for venues to manage incoming leads and build business analytic dashboards.