Photo - Cash back service in ukraine for automobile industry
41405

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
Min investment
$  200.000
Show contacts
Total required
$ 350.000
Rating
equalizer 122 из 1000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:

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.

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

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.

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

Offer for investor

We can offer for investor 10% of all business

Team or Management

5,00
1
2
3
4
5
1 voice
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility89
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video