Paycon is a self-service cart to reduce queues and increase retail revenue.
Current Status
There are sales. Installed in 140 stores. By the end of 2021, we plan to sell 1,200 devices. Revenue for 2020 was 236 486 USD
Market
We estimate the market in the number of stores in the TOP-100 chains of the world - 437,000 stores. On average, there are 15 carts per store. Total 6.5 million carts is $ 7.8 billion per year.
Problem or Opportunity
Due to queues: - customers return to the store less often - need to increase the staff of service personnel - lose revenue
Solution (product or service)
Self-service cart to reduce queues and increase retailer revenue.
Competitors
Self Checkout NCR Scan & Go Amazon Go и
Advantages or differentiators
We provide a new shopping experience. Our main advantage is that we provide a large number of services based on which we present a large amount of data and translate it into marketing promotions and discounts.
Finance
We sell one device for $ 1000 and we charge a payment for the provision of service for each cart from $ 100 per month
Business model
We sell hardware at a low cost. And then we switch on its basis to the Saas model with a monthly write-off for the provision of our software, depending on the service package.
Money will be spent on
Инвестиции нужны на масштабирвоание 150 магазинов, расширение команды и выход на Европейский рынок.
