Online Marketplace Company Investment Opportunity in Gyeonggi-do, South Korea
Established | 5-10 year(s) |
Employees | 2 - 5 |
Legal Entity | C Corporation |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Online Marketplace |
Locations | Gyeonggi-do |
Local Time | 7:47 PM Asia / Seoul |
Listed By | Business Owner / Director |
Status | Active |
- The goal of our online information search service business is to meet the unmet Trade Area (TA) market information needs of two kinds of retailer group, i. e. , small / medium-sized retailers and to-be retailers (those planning to open new stores) by providing them with the useful and actionable key analytic TA information, easily accessible online via PC or mobile for a small nominal affordable cost.
- To this end, we are developing a web-based system specifically designed for use primarily by the small / medium sized retailers / to-be retailers. This system will provide the above-mentioned two user groups with the key existing TA / new site market information arranged in a decision support mode at a small cost of either US$10 per search or a monthly fee of US$10 for the unlimited search.
- We have the business team formed by the optimally qualified top experts, and have prepared all of the search contents and their service methods, as well as all system specifications working for more than 3 years.
- At this point, a full-scale prototype system is being developed in India for use in demonstrating the needs and the value of this service. We can have the business launched in 4-5 months once we begin to develop the main system upon securing the necessary appropriate fund.
- This service platform will provide the current retailers with the data analysis-based objective TA market information and the to-be retailers with the data-based analytic efficient Site location method.
- Our core target customers / users in Korea include over 5.5 million small / medium sized retailers and to-be retailers.
- Our revenue model is primarily based on the monthly membership fees and the per-TA information search charge, plus charges for the related relevant target marketing service and requested consultations.
- Currently, we are a business at the pre-startup stage with no user and no revenues yet. However, our business revenues (eg in Korea) of US$1.5 million are expected in the 1st year of business operation including a 4-5 month system development period, about US$4.9 million with a profit margin of 60% in the 2nd year, US$13.6 million in the 3rd year with a profit margin of 69%, and US$26.2 million with a profit margin exceeding 70% in the 4th year of operation.
- For reference, founder of our company is the 2nd-to-none top-notch expert in this particular business area with over 30 years of real-world experience working across the U. S. and Korea.
- Online Retailer Trade Area Market Information search results.
- Related offline consulting services at request.
*Special Note:
We own a patent registered in Korea for a Web-based online Digital Display Advertising placement system and method (Subway LCD monitor advertising). This was one of the first business efforts undertaken before our current initiative, online market information search project, when our company was initially founded.
Initially, our business will be operated out of the Founder's home office including a separate meeting room of which space is large enough to accommodate a team of 5 full-time members.
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Earlier than 15 daysRegional Director, Software, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysVice President, Banking, Bahrain, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Software Products And Services, Coimbatore, Individual Investor / Buyer connected with the Business