Small Ecommerce Website Investment Opportunity in Makati, Philippines
|Run Rate Sales||USD 25 thousand|
|Local Time||6:32 AM Philippines|
|Listed By||Business Owner / Director|
- Company runs a classifieds website and is looking to raise funds to restructure the website as an eCommerce platform. Have a database of 8 million users and 130K verified sellers.
- We acquired all the users purely with our own digital marketing activities and haven't spent anything on marketing expenses.
- Our website follows an automated verification process to verify seller's credentials. We have built a strong technology for it and do not require a large team. We only have 3 permanent employees.
- We started our classifieds website as a hobby and did not generate any revenue till date from the website. But since we have built a large database, we plan to convert our website into an eCommerce platform to generate sales.
- To step into eCommerce industry and to test the market, we created a website for a soft launch and we received 900K registrations in just 2-3 weeks and generated PHP 100K in revenue (revenue in the form of commission charged to sellers).
- Revenue mention on the profile is from this website we created for soft launch. This website is also under our company name.
- Founder of the company has 26 years of experience in sales & marketing. Since the founders also specialize in digital marketing field, we provided digital marketing services to 1 food company and generated PHP 300K in this year.
- After raising funds, our classifieds website will be launched as a eCommerce website to provide end-to-end services. We are in talks with 10-12 delivery companies and payment gateways in order to establish collaboration with them.
- Our brand is our strength. There is a lot of revenue potential as we have done well even during the pandemic.
- Classified website.
- Digital marketing / partnerships.
Physical assets owned by the company include 3 laptops.
Earlier than 15 daysPrincipal, Investment, Manila, Corporate Investor / Buyer connected with this business