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 | 5:27 PM Asia / Dubai |
Listed By | Business Owner / Director |
Status | Active |
- Deploying in an astounding 5,000+ stores on launch day. - Huge partnership secured with a leading payment firm in UAE.
- 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.
Our platform is a ‘real-time active marketplace’. It is a place where a brand may log in and create a campaign anytime through their dedicated brand application, and an influencer can open their app, search for active in-store promotions, and eligibility, and pop in. No prior bookings, no manual verifications, no embarrassment showing the managers your follower counts. One app, countless possibilities!
- 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.
We do not have any major physical assets.
Not yet available since the platform is being developed.
- It is funded by the CEO.
- 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