41405
CarBack
Cash back service in ukraine for automobile industry
Ukraine, Vinnytsia region
Market: Auto Maintenance, Internet and IT, Financial services, Another, Mobile applications
Stage of the project: Idea or something is already done
Date of last change: 15.09.2019
Ukraine, Vinnytsia region
Market: Auto Maintenance, Internet and IT, Financial services, Another, Mobile applications
Stage of the project: Idea or something is already done
Date of last change: 15.09.2019
Min investment
$ 200.000
$ 200.000
Idea
Refunds in the amount of a certain% of the cost of the car to the account or auto parts of the buyer, subject to purchase through the cashback service.
The system is not a direct advertising platform and earns only on completed purchases, receiving a small percentage and sharing it with the buyer.
The system is not a direct advertising platform and earns only on completed purchases, receiving a small percentage and sharing it with the buyer.
Current Status
Idea is ready, but to start need investment
Market
Ukraine market of car parts is more than 2billon of dollars a year, and auto market sell more than 80k new cars a year.
Russian market is much bigger than Ukraine and the sold more than 2m cars a year
Russian market is much bigger than Ukraine and the sold more than 2m cars a year
Problem or Opportunity
Automobile business in ukraine and russia has not marketing and our platform can solve this issue
Solution (product or service)
Idea: Refunds in the amount of a certain% of the cost of the car to the account or auto parts of the buyer, subject to purchase through the cashback service.
Where does the money come from: The service receives a percentage of the cost of the goods sold (hereinafter payment) that was purchased by going through the service. The service leaves only 30-50 percent of the payment amount, gives the rest as a cashback to the buyer of the goods.
What is the trick: The system is not a direct advertising platform and earns only on completed purchases, receiving a small percentage and sharing it with the buyer.
Purpose: The main "buyers of advertising" are dealers / car dealerships of new cars, as well as online auto parts stores. The main task of the service for the first 2-5 years is to get 10% of new cars and auto parts purchased through the cashback service.
Where does the money come from: The service receives a percentage of the cost of the goods sold (hereinafter payment) that was purchased by going through the service. The service leaves only 30-50 percent of the payment amount, gives the rest as a cashback to the buyer of the goods.
What is the trick: The system is not a direct advertising platform and earns only on completed purchases, receiving a small percentage and sharing it with the buyer.
Purpose: The main "buyers of advertising" are dealers / car dealerships of new cars, as well as online auto parts stores. The main task of the service for the first 2-5 years is to get 10% of new cars and auto parts purchased through the cashback service.
Competitors
There is no competitors in this area it can be only https://letyshops.com, but they do not work with auto business and https://www.kopikot.ru/ which is similar to letyshops
Advantages or differentiators
We work with auto business and help online markets grow their sells.
Finance
We estimate that this business will give use only from Ukraine 14 millions $
Money will be spent on
1. Development site, server, mobile part
2. Marketing and advertising
3. Online support
4. Documentation
5. Work with auto dealers and cart parts online magazines
2. Marketing and advertising
3. Online support
4. Documentation
5. Work with auto dealers and cart parts online magazines
Offer for investor
We can offer for investor 10% of all business
Team or Management
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