The idea is to mark items, track their movements using a mobile application, know exactly where what is and who is responsible for what, and conduct quick and effective inventories
At this stage, we have a working MVP
The number of paying customers - 201 (In October there were 31 new customers, in November there were +51 customers)
August - $ 4500
September - $ 7900
October - $ 4800
November - $ 11,000
SMEs: construction companies, manufacturing companies.
The construction market shows stable growth from year to year
CIS, Poland, Germany, Britain, France
TAM - $ 13.6 bn
SAM - 1.7 $ bn
SOM - 69.7 $ mln / year
Problem or Opportunity
Main target audience:
SME, owner of a construction or manufacturing company, which has problems with taking into account tools, consumables, and materials
-theft, loss of equipment and tools
- the inability to track downtime and movement of goods and materials
-additional expenses for the purchase of tools and goods and materials
Solution (product or service)
We offer companies to use an integrated approach to accounting:
1. Mark material values
2. Use the mobile application for employees, make transfers, write-offs, inventory.
3. On the website, in the web application, you can view all analysts, download reports.
As a result, the business owner or the person in charge can at any time, fr om any device, manage their assets, see the current balances, who is responsible for what, and what is wh ere.
In the CIS market:
Market share less than 1 percent. Niche is not occupied
In the markets of Europe and America:
Market shares of competitors up to 2-3%
You can go out and compete
Advantages or differentiators
- ease of use and a low threshold for the implementation of the solution (implementation from the 1st day)
- many types of markings (10 types) that competitors do not have
- price and monetization - subscription (valid for the CIS)
- full integration with popular for the first countries of development Excel, 1C
- from the sale of subscriptions 19/39/59/99 dollars per meme
- from the sale of marking products
At the moment we have 200+ clients. We plan to grow 10 times over the next year, that is, up to 2000+ clients, and the MRR will amount to 80,000+ dollars.
The business model is subscription.
- digital marketing (PPC, Targer, SEO)
- Integration with opinion leaders
CAC - $ 100
LTV - $ 440-1100
Churn rate 4-5%
Money will be spent on
There are two main columns for using funds:
- maintenance and expansion of the team throughout the year;
- sales and marketing, product launch to new territorial markets.
Offer for investor
We want to raise $ 900,000 in exchange for a 25% stake in the company. In a year, we will increase the MRR to $ 80,000+ and attract a trail round to enter the American market.
1. Financial crises that will worsen the working conditions for SMEs
2. There will be a new way of accounting for material values, which will completely change the approach to accounting.
Incubation/Acceleration programs accomplishment
Winning 2 accelerators with this team and a product with similar logic, but a different market and monetization method.
qrsmarty.com - from awards, one commercial launch of the solution with DTEK corporation, no cash prizes for the victory were provided for in the competition