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Staytion - Brands to watch for in 2024



Company Name: Staytion

CEO Name: Jane Toh


Company Detail

FUTURE OF WORKSPACE HAS ARRIVED


Staytion is Southeast Asia’s premier and largest marketplace for hybrid workspaces, offering users a perfect blend of flexibility and productivity.


With over 2,500 listings across 7 countries, Staytion is the passport to flexible work solutions anytime and anywhere.


With a single pass access and real-time booking, Staytion aims to create a seamless and productive work environment for its users, transforming the way people live, work, and do business across Asia Pacific.


Unlock your Potential

From trendy coworking spaces to state-of-the-art facilities, Staytion connects you with the best workspaces tailored to your needs.


Find your Work Sanctuary

Whether you're a freelancer, entrepreneur, or remote worker, Staytion offers a wide range of options to help you find the ideal workspace that inspires creativity and maximizes efficiency.


Elevate your Work-life Balance

Say goodbye to boring office routines and embrace a new way of working. With Staytion, you can choose from an extensive network of top-notch workspaces that foster collaboration and innovation.


The Future is Here

Experience the future of workspaces with Staytion.


City: Singapore

Country: Singapore

Founded In ( Year):  2022

Employee Size: 11-50 employees

Funding :  Self Funded

Business Models:  Business to Business (B2B)

Business Category:  Real Estate & PropTech


Website URL:  www.gostaytion.com


The past few years, how have you innovated or reinvented yourself or your business, or how have you handled other challenges and economic ups and downs?

As a new marketplace provider, there are several challenges we faced in the beginning.


1. Building trust and user adoption: Establishing trust with both buyers and sellers can be a significant hurdle. As a new marketplace, we invest in technology and best-in-class design to convince potential users that our platform is reliable, secure, and offers value. This helped us to build a solid user base and gain credibility in the market.


2. Competition: The marketplace industry is often highly competitive, with established players already dominating the market. We differentiate ourselves with our value proposition of offering an automated platform where space owners can easily put up their listings to secure users; and vice versa – users can view and compare listings with ease to get the best value.


3. Balancing supply and demand: Achieving a healthy balance between the number of sellers and buyers on our platform is crucial for its success. If there are too few spaces, users may not find what they are looking for, leading to a poor user experience. Conversely, if there are too few users, space owners may not see value in joining our platform. We leveraged effective marketing and strategic planning to constantly manage an equilibrium of both.


4. Managing quality and consistency: Maintaining a high level of quality and consistency among the listings and services offered on your marketplace is at the top of our mind. We continually work hard to ensure that space owners meet certain standards and deliver on their promises that is crucial to building trust and retaining users. We implemented robust vetting processes, user ratings, and feedback systems to acutely address this challenge. While these challenges may seem daunting, with careful planning, innovation, and a customer-centric approach, our team worked together to overcome them and thrive in this competitive market landscape.


Top Reasons WHY Customers Choose to Do Business with You

Creating a successful marketplace platform involves a combination of factors, and there is no one-size-fits-all formula.


Customers choose Staytion because:


Clear Value Proposition: Staytion clearly defines the value proposition to both users and space owners, making us the premier and marketplace of choice. We differentiate ourselves with our value proposition of offering an automated platform where space owners can easily put up their listings to secure users; and vice versa – users can view and compare listings with ease to get the best value.


Superior User Experience (UX) Design: The interface is intuitive and user-friendly. Users are able to navigate the platform easily, find what they need, and complete transactions without unnecessary friction. Trust and Security: We establish trust with our users through secure payment systems, transparent policies, and measures to protect user data. We implemented user reviews and ratings to build credibility on our website. Quality of Listings: We ensure high-quality listings by setting clear guidelines for space owners. The listings contain detailed product descriptions, high-quality images, and accurate pricing to make it fast and easy for users to book and make payment with ease. Customer Support: Staytion provides excellent customer support to address user concerns and issues promptly. We firmly believe that a responsive support system allows us to enhance user satisfaction and trust.


Future roadmap

We design the platform with scalability in mind. As our user base grows, our infrastructure is designed to handle increased traffic and transactions. We have developed a robust marketing strategy to attract users to our platform, utilize an online and offline omni-channel approach to create awareness and drive user acquisition. Through our regular feedback loop with our users, we have put up a product roadmap to make improvements in terms of product offerings and geolocation services to deepen our penetration into the APAC region. Staytion is gearing up for an extensive expansion into multiple countries in the coming months. This strategic move is designed to offer users a global passport to work, granting them the freedom to choose their workspace from anywhere in the world through a unified platform. Staytion's upcoming projects promise to redefine the boundaries of work, making geographic constraints a thing of the past.


Share the Founder's experience and background

Jane Toh is the Chief Executive Officer of Staytion, and a firm believer in hybrid work. Her professional career reflects a passion for innovation and a constant pursuit of new opportunities. Jane wears the hat of a team facilitator as she believes in bringing out the best in individuals by leading the team with a common vision and shared motto towards business excellence. This dynamic approach highlighted her dedication to learning and facing challenges. She has over 20 years of experience in corporate excellence, change management and is now embarking on the journey of venture building.



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