Photo - Review System and Market Place
39900

Review System and Market Place

Spain
Market: Internet and IT, Farming, Transport, Another
Stage of the project: Operating business

Date of last change: 11.07.2019
Min investment
$  87.500
Total required
$ 350.000
Rating
equalizer 300 из 1000
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Idea

MachineryScanner is the one place solution to buy machinery and trucks online in a safer and faster way.

Current Status

In less than two years on the market, we have clients from 10 countries in Europe + China.

Among those:
• The biggest IVECO dealer in Europe
• The biggest VOLVO dealer in Italy
• The second biggest spare parts dealer in France.

Market

• In Europe more than 10000 potential dealers of used equipment.
• In the US more than 30000 dealers in these industries.
• Australia and Asia count with more of 25000 dealers in those sectors.

This just considering the used equipment!

We started having also manufacturers of new equipment starting using our system.

Problem or Opportunity

If you need to buy a used machine like a dozer or a truck, you face several different problems such as:
• Not many information about dealers available;
• Scammers;
• Payment system;
• Organize a pre-delivery inspection;
• Organize the shipment;
• No “free” specific market place available with geolocalization of the machine.

Solution (product or service)

MachineryScanner, a marketplace designed to increase TRUST and TRANSPARENCY online:

Key benefits
• Review and a certification system
• Inspection, payment, and shipment services in one place
• A dedicated “free” platform to find the best deal in a few clicks
• Geolocalization of dealers & machines

Competitors

For the review system:
• TrustPilot
• eKomi
For the market place
• Schibsted

Advantages or differentiators

The first marketplace with all these services integrated.

First review system dedicated to those sectors.

Expert management coming from this niche.

Huge network in these industries.

Finance

So far the co-founders invested 100 K to have the company running and reach the actual stage.

Business model

Core business phase one - the Review System.

Additional income sources are the services provided such as inspection services, shipping services, and sales services for listing portals.

Phase two - additional revenues will come from the market place

Money will be spent on

The money will be spent:

- to finish the website with the market place;
- to implement more marketing activities;
- to hire salespeople.

Offer for investor

17.5% for 350.000 € investment

Team or Management

Risks

The main risk is that other big players already references in this sector do the same before we become a reference.

For now, MachineryScanner is the only Review System dedicated to this niche market.

Incubation/Acceleration programs accomplishment

no incubator

Photos

Photo 1 - Review System and Market Place
Photo 2 - Review System and Market Place
Photo 3 - Review System and Market Place

Product Video

Website address

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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
Website address