Marc Walton
JERSEY CITY, NJ (USA)
Role(s):
Founder/Owner/Principal
not yet decided
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Startup
Location:
JERSEY CITY
Industry:
Internet
Year Founded:
2016
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
Not Incorporated
Description:
I want to start a cashback e-commerce service to provide online facility to pay mobile phone bills,direct satellite dish,restaurant,shopping and other bills through my website and mobile apps in USA and Canada for now and later expand it to other countries (URL removed) return ill offer them a discount coupon,if possible even a gift card for paying through my website. I will also include a wallet on my service to share small amounts of money between the users.
In order to get the coupons with \out buying them, i will partner with couponing partners or several companies to provide me (URL removed) approach the companies ill hire an expert to create a statistical plan which enables them to provide us discount coupons which does not effect the companies profit also it helps in building up the publicity platform for both the company as well as my website ,as people are more prone towards discounted goods .I will let the customers to choose between different coupons. The idea is to convert from low margins, to slightly better margins, and add more couponing partners or companies who sell their coupons with us and pay us some commission for selling or redemption of their coupons.I will also generate revenue by getting some percentage of the bill (URL removed),ill generate revenue from both bill payments and selling the coupons.
After my startup becomes a success ill add online shopping facility and again offer a coupon ,if possible gift card for shopping on my website.