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Linka

USA, California
Market: Other
Stage of the project: Operating business

Date of last change: 28.05.2024
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Idea

Linka is an AI-powered commerce platform that helps businesses manage, monetize & market through multiple channels. Channel partners include Chambers of Commerce that aggregate millions of businesses.

Current Status

$2M/ARR contracts with several Chamber of Commerce

Problem or Opportunity

More than 70% of small businesses fail due to a lack of support, resources and the tools necessary to succeed.

Chambers of Commerce and B2B Organizations aggregate millions of businesses in order to help them succeed, but these existing organizations do not have the technology to empower their member businesses with connectivity, digital infrastructure

Solution (product or service)

Linka provides branded community marketplaces for B2B Organizations that facilitate communication, content sharing, and commerce. Their businesses receive custom-branded virtual storefronts and built-in marketing channels.

Business model

Linka creates Marketplace platforms per partner organization for $500/year partnership fee. These partners then invite their member businesses and business contacts to create storefronts for $399/year. Revenue from these storefronts is shared, with 60% going to Linka and 40% to the partner organization. Marketplace sponsorships ranges from $2,000 to $10,000, the revenue is split equally at 50-50 between Linka and the partner organization. This model empowers and monetizes businesses within B2B organizations.monetize businesses within the B2B Organizations.
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Idea
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