Photo - NewBie Inc
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NewBie Inc

Bridging Businesses to Their Community

Argentina
Market: Information and media, Culture and art
Stage of the project: Idea or something is already done

Date of last change: 24.09.2023
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Idea

We propose the creation of a website and application that will aggregate all local businesses in one place. We will provide detailed business information, including photos, reviews, and personal experience descriptions of using the business.

Current Status

Process of development

Market

1. Customers who find business.
2. Business Partner: small and huge size.

Problem or Opportunity

The Challenges that we are going to Solve
For Businesses:
1. Lack of a dedicated way for local businesses to showcase themselves.
2. Businesses waste resources targeting broad audiences, many of whom may not be interested in their products or services.
3. High advertising costs on platforms like Facebook for small to medium-sized businesses.
4.Low user trust.

For Consumers:
1. Unawareness of the emergence of new local businesses.
2. Lack of knowledge about the myriad of businesses located nearby.
3. Spending excessive time searching for specific desires.
4. Difficulty in finding businesses that match specific criteria or preferences
5. Misleading, biased, or sponsored content about businesses.

For All:
1. Mounting skepticism regarding the true motives behind many digital platforms.

Solution (product or service)

1. Transparency: We openly state that our platform is designed for advertising.

2.Pleasant Interaction: Due to our platform's transparency, advertisements are perceived by the user as natural and non-aggressive.

3.Targeted Audience: Users will visit our site with a specific purpose - to learn about new products in the selected neighborhood.

4. Support for all Types of Businesses: For small and medium-sized enterprises, our goal is to help reduce costs, while for large companies, we aim to provide a platform to enhance their visibility.

5. Business Verification: We will conduct personal verification for each business that wishes to advertise on our platform.

Competitors

According to The Wall Street Journal, advertising accounted for 98.4% of Meta's total revenue. Meta's advertising revenue amounted to $31.5 billion for the quarter

Advantages or differentiators

Compared to giants like Facebook (Meta), we have several advantages:
1.Transparency
2.Pleasant Interaction
3.Targeted Audience
4.Support for all Types of Businesses:
5.Business Verification

Finance

No

Business model

We want to charge money from business

Money will be spent on

What Your Investment Means

1. Platform Development: Your investment will play a crucial role in the creation of a comprehensive platform that caters to both businesses and customers. This platform will primarily focus on showcasing local businesses within specific geographical zones. Additionally, an intelligent recommendation system will be implemented to provide personalized business suggestions to users, enhancing their experience.

2. Marketing: This includes attracting businesses for collaboration and users for platform adoption. By maximizing platform visibility, we will establish a strong foundation for growth and engagement.

3. Research: This ongoing research will enable us to stay relevant, ensure user-friendliness, and remain at the forefront of technological advancements.

Offer for investor

I offer to discuss on the meeting

Team or Management

Risks

No investments and cannot do marketing campaign.

Incubation/Acceleration programs accomplishment

No

Won the competition and other awards

No

Photos

Photo 1 - Bridging Businesses to Their Community
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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
Photos
Product Video
Presentation