Business Overview
- Have developed a mobile application whose primary aim is to support local brick and mortar retailers. The application was launched around 1.5 months ago.
- Our business is both B2B and B2C oriented.
- For the B2C aspect, our application offers games and surveys to our registered users. After playing a mini-game/filling a survey/watching a video, the user will be awarded with some points which can be redeemed at a local store. The points will be converted into money by the marketing company that has provided the survey/video. We charge a commission of 4-10% on the transaction to the retailers.
- We have reached out to over 10 pin codes in Delhi, India. Have over 1,000 retailers and 3,500 registered users on the platform. We have tied up with 2 marketing companies so far.
- For the B2B aspect, we promote certain brands at the retail stores that are tied up with us. The store owner is encouraged to promote a certain brand either through positive feedback/promotion and giveaways/special discounts. As a result, brands can increase their sales & market reach. Have promoted 1-2 brands so far. Receive a fixed sum from our clients for promoting their brands.
- We are also developing a special task-board for market research companies.
- Promoter has over 20+ years of experience in this particular sector.
Products & Services Overview
Have a B2B and B2C vertical. We promote brands through our B2B vertical.
Through our B2C vertical, our registered users can engage themselves by playing a mini-game/filling a survey/watching a video and redeem the points that they have earned from our application by visiting our nearest associated retailer.
Our panel is also very useful for market research agencies to conduct & collect survey responses with no additional cost.
Assets Overview
The business does not own any significant assets as of date.
Partial Stake Sale
USD
60 thousand
for
10.0%
stake
(Native Currency: INR 5,000,000)
Reason:
We are waiting for some seed funding to launch this platform to a larger audience so that we can inc...
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Interested to connect with advisors
In talks with 3 Investors
Contact Business