52586
Restocker
b2b marketplace for wholesale and purchase of overstock good
Russia, Moscow city
Market: Auto Maintenance
Stage of the project: Operating business
Date of last change: 10.06.2021
Russia, Moscow city
Market: Auto Maintenance
Stage of the project: Operating business
Date of last change: 10.06.2021
Idea
Our platform solve two problems:
1 Large business has no ability to effectively eliminate overstock
2 Small business has no ability to purchase branded goods at competitive prices
1 Large business has no ability to effectively eliminate overstock
2 Small business has no ability to purchase branded goods at competitive prices
Current Status
Major enterprise retailers such as: Lamoda.ru, Kupivip.ru, Svyaznoy.ru and others, are using Restocker to eliminate their overstock goods.
We have 12 suppliers now and 52 wholesale buyers. We are grow for 40% every month and have gross revenue more than $100 000 in last 5 month.
Our unit economic is positive:
Buyers 50
Orders 182
ARPU 300
AvPrice 549
Contribution margin 81
COGS 459
Revenue 100000
Acquisition cost 7700
Gross profit 15000
Net profit 7300
We have 12 suppliers now and 52 wholesale buyers. We are grow for 40% every month and have gross revenue more than $100 000 in last 5 month.
Our unit economic is positive:
Buyers 50
Orders 182
ARPU 300
AvPrice 549
Contribution margin 81
COGS 459
Revenue 100000
Acquisition cost 7700
Gross profit 15000
Net profit 7300
Market
We operate on Russia market now.
Our customer segments:
1 suppliers - enterprise company
2 buyers - small business and micro entrepreneurs
Our customer segments:
1 suppliers - enterprise company
2 buyers - small business and micro entrepreneurs
Problem or Opportunity
There is two serious problems: small businesses cannot profitably purchase high-quality goods in bulk, and large businesses cannot sell their overstock products.
Because of this, he incurs high costs such as high costs for warehousing, a shortage of working capital, cash shortages - which reduces the profit of their business as a whole.
Because of this, he incurs high costs such as high costs for warehousing, a shortage of working capital, cash shortages - which reduces the profit of their business as a whole.
Solution (product or service)
We created our restocker platform, which helps large businesses to quickly turn all their distressed goods into real money, and gives small businesses the opportunity to profitably purchase them in bulk for further resale through their retail channels.
Competitors
Bstock, Faire, Handshake, liquidation.
Advantages or differentiators
The competitive advantages of restocker for suppliers are: stable pricing of liquidated goods, payment terms, easy and quick integration, liquidation of a wide range of goods.
The competitive advantages of the platform for buyers are favorable purchase prices below wholesale, already certified and labeled goods, built-in technologies for the resale of goods.
The competitive advantages of the platform for buyers are favorable purchase prices below wholesale, already certified and labeled goods, built-in technologies for the resale of goods.
Finance
20% commission from all selling goods, 1% from logistic, 1% factoring and credit
Business model
Buyers 50
Orders 182
ARPU 300
AvPrice 549
Contribution margin 81
COGS 459
Revenue 100000
Acquisition cost 7700
Gross profit 15000
Net profit 7300
Money will be spent on
1 Investment in the platform as IT solution
2 Attracting new wholesale buyers
3 Attracting new partners suppliers
2 Attracting new wholesale buyers
3 Attracting new partners suppliers
Offer for investor
15% for $500 000
Team or Management
Won the competition and other awards
TOP 10 retail innovations
Presentation
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