Online Marketplace Startup Investment Opportunity in Dubai, United Arab Emirates
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Online Marketplace |
| Locations | Dubai |
| Local Time | 9:46 AM Asia / Dubai |
| Listed By | Business Owner / Director |
| Status | Active |
- Mega influencers are at a significant level of popularity and demand. Agencies are in place to manage campaigns and find gigs for these influencers.
- 76% of influencers in UAE have 1,000 to 20,000 followers, which makes them nano-influencers. Of these, 10.1% have 1,000 – 5,000 followers. These nano-influencers have difficulty penetrating existing platforms, regardless of their niche. Following serves this huge chunk of the under-catered market through a modern easy to be onboard mobile app.
- On average, businesses generate $6.50 in revenue for each $1 invested in influencer marketing. 70% make $2 or more, and 13% make $20 or more. Most businesses get solid results from influencer marketing, with just the bottom 18% failing to generate revenue.
- This friction is never the root of problems for a single party, be it brands that are looking to hire influencers, or influencers looking to expand their services and get hired.
- Currently, the business is under development and the platform is being built and we are planning to lunch the product in the 3rd quarter of this year.
- We are planning to generate revenue by charging commission from the merchant and also by charging commission from the influencer.
- Small businesses inclusive platform.
- Small influencers inclusive app.
- Stores get an app, making it easy and automated to validate and onboard influencers to a campaign quickly.
- Influencers download and use the app, making it easier than ever to find opportunities.
- The company has 1 director and has no loan under the business.
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Earlier than 15 daysCEO, Government Services & Property, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Technology, London, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Hyderabad, Financial Consultant connected with the Business