Photo - Uvodo
58594

Uvodo

Azerbaijan
Market: Internet and IT
Stage of the project: Operating business

Date of last change: 23.09.2022
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Idea

eCommerce building platform for online sellers, developers, and web development agencies.

Current Status

Our MVP has been in the market for 6 months and we saw high demand for our product.

We’ve sold 60 licenses. Our one-off revenue is 7k. Our community of eCommerce developers grew to over 300 members and we are getting daily feature requests from them that indicates the high demand.

Problem or Opportunity

Being in the eCommerce industry for the last 5 years and talking with hundreds of entrepreneurs, we’ve discovered that eCommerce development requires so many resources on custom solutions. As data also shows, developers spend a minimum of 6 months with a total cost of 20 thousand dollars to build custom solutions for each client.

Solution (product or service)

Our solution reduces the money and time spent on development.
With Uvodo, eCommerce developers are able to deliver custom solutions 10 times faster and cheaper while working with any number of clients in time.

Business model

We sell Uvodo licenses for a one-time fee from different marketplaces. Additionally, we upsell the plugins, templates, and support services from our marketplace as a subscription or one-time fee.
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