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TBUY

Platform for business and sales

Armenia
Market: Internet and IT, Logistics and warehouses, Trade, Services, Artificial Intelligence
Stage of the project: Prototype or product is ready

Date of last change: 03.11.2024
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Idea

A business and sales platform that reduces the costs of any business by 30% and allows you to sell from your own warehouse with a 1% commission.

Current Status

5 years on the market
Average monthly turnover of the active period - $130,000
Registered stores - 400
Registered buyers - 35,110

Market

The target audience
-Online and offline stores
-Organizations providing services
-Private sellers and craftsmen
-Fast food establishments and supermarkets

Problem or Opportunity

Lack of communication between the vendor and the consumer:
this leads to vendor dependence on the platform and difficulties with warranty service.

Logistics, large warehouses within the country:
The maintenance of large logistics complexes requires significant costs, which forces Marketplaces to increase sales commissions and rent for the maintenance of goods.

High commissions of marketplaces force sellers to raise prices.
Sellers increase the cost of goods up to 60% to compensate for the forced costs of promotion, delivery and commissions.

Limited customer options:
There is no single platform where the buyer can compare the prices of goods from several countries at once, taking into account the price, delivery time and delivery cost. Lack of information about the seller, the risk of fraud.

International expansion:
Difficult international expansion for marketplaces, due to large logistics costs.

Solution (product or service)

Advantages for Sellers
Reduced operating costs for sellers: by 30%
Low sales commissions on the platform: up to 1%
Multi-level analytics: detailed analysis of goods, services, vacancies, brand, category, customers, potential customers, and competitors.
Sell fr om your own warehouse: No need to store goods at the marketplace warehouse, which reduces logistics costs.
International reach: Ability to sell goods and services in any country wh ere TBUY is present.
Automatic promotion: automatic SEO promotion of the brand, goods and services in any search engines in all languages.
Billing: Simplifying financial transactions for buyers and sellers.
Expand your customer base: TBUY will provide access to a growing customer base. Allows you to conduct targeted advertising campaigns.

Advantages for Buyers
Personalized interface: The interface automatically adjusts to the user's interests.
Master services: Order services from professionals with automatic scheduling of work execution time.
Gift certificates for services: Purchase services online on the platform and give them as gifts to other users.
Warranty service: In case of problems with a product, the buyer can contact the seller through the TBUY app to receive warranty service.
Ability to sell used goods on the platform
International shopping: Users can buy goods from a single platform and compare prices in several countries, taking into account the time and cost of delivery.
Smart search on the platform: LIVE Search, which guarantees a 100% result, allows you to find any goods, services, vacancies, brands, stores, and categories of interest in all languages of the world.

Competitors

There are no direct competitors
Not direct competitors: Amazon, eBay, Yandex, Ozon, Aliexpress, Wildberries, Facebook, Meta

Advantages or differentiators

Modular structure: for quick implementation in any country
New logistics: Organizations will sell their products from their warehouse, without additional storage in Marketplace warehouses.
Instant global availability of products: Easily expand into new markets without additional effort
Multilingual support: Products and services in the languages ​​of the countries of presence.
Minimizing financial risks and preventing fraud

The system infrastructure cannot be copied.

Finance

Income:
Income from Marketplace Armenia
Income from franchise sales in each country
Percentage of annual franchise income. 2-5% of the country's annual income
International Transport: Potential Income

Expenses:
Purchase of Transport
Employee salaries
Marketing

Invested in previous rounds, $

 
$ 950.000

Business model

The business model is such that even in the absence of sales, our profitability does not decrease.
- Subscription for stores and private sellers
- Commission from C2C ​​and B2C sales
- Income from delivery, banner advertising and product promotion
- Selling a franchise on the global market
- Premium services for B2B and B2C clients

Money will be spent on

Investments are needed to cover the company's operating expenses until it reaches the break-even point.

Offer for investor

The required investment in the project at stage A (launch of a pilot project in the Republic of Armenia) is $1,399,000, which is necessary to cover the company's operating expenses until the break-even point is reached. The investor receives a 15% stake in the Armenian company TBUY LLC.
Investments can be made in stages:

At stage B (entering international markets), a parent company will be founded, which will be registered in the EU countries or in the USA. The Armenian company TBUY LLC will receive a 20% stake in the parent company, the investor, in turn, will receive 12% of the said 20%, respectively, and the remaining share will be distributed among stage B investors.

Lead investor

 
$ 3.600.000

Risks

Risks:
Financing at stage A: Possible difficulties in raising the necessary funds.
Process interruption at stage A: Unexpected delays and problems.
Opposition from well-known companies.

Incubation/Acceleration programs accomplishment

All our modules have been tested on real consumers in the pilot phase.

Invention/Patent

An automated SEO system that automatically promotes every search engine, creating millions of new pages.
The automatic pledge module allows you to evaluate a car online and pledge it.
An electronic signature verification module that cannot be forged
AI logistics system without warehouses for hand-to-hand transfer. Which reduces all risks to 0.
Targeted advertising is automatically found by the system to those who are currently interested in it.
Translation system for 193 languages ​​with vocabulary recognition for individual languages. Self-study
Search system with 99.9% accuracy, no matter what the client is looking for.
Automated system of remuneration of personnel for work performance.
Programming without code․ A completely new approach to programming. Front/Back

Photos

Photo 1 - Platform for business and sales
Photo 2 - Platform for business and sales
Photo 3 - Platform for business and sales

Product Video

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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