Photo - Funnelioo
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Funnelioo

Seamless e-commerce system for all business stage

Indonesia
Market: Internet and IT, Other
Stage of the project: Prototype or product is ready

Date of last change: 21.12.2022
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Idea

Create Order Form Easily and Quickly. It's Free!

Current Status

October 2022:
- Start developing MVP of the software.
- Acquire waiting list users.
- Warm the waiting list users through Facebook group by sharing all the content related to Funnelioo.

Market

Anyone who wants to sell products online; physical product, digital product, or service. We aim to run globally, but we start in Indonesia market first.

Problem or Opportunity

Too many complicated and headache for online sellers when it comes to automation of the marketing and sales process. They're doing it manually, and Funnelioo comes to help them solve the manual process become automatic.

Solution (product or service)

Quite simple, we start by allowing online sellers to receive order, manage order, manage products, and manage customers.

We enhance the functions of our platform through addons, that allow users to empower the automation process of their business.

Competitors

Benchmark competitors (direct and indirect):
● https://starsender.id/starsender-kontak/
● https://starsender.id/
● https://woo-wa.com/
● https://systeme.io/
● https://orderonline.id/
● https://wbslink.id/
● https://www.bestseocompanies.com/blog/checkout-page/
● https://sirclo.com/
● https://samcart.com/
● https://clickfunnels.com/
● https://thrivecart.com/
● AeroCheckout https://buildwoofunnels.com/woocommerce-checkout-pages-aero/
● CartFlows https://cartflows.com/
● https://wall.id/
● https://tally.so/pricing
● https://www.selly.id/
● https://jubelio.com/
● https://www.hitoko.co.id/
● https://www.bigseller.com/en_US/index.htm
● https://www.shopify.com/
● https://apps.shopify.com/
● https://www.ecwid.com/
● https://www.bigcommerce.com/
● https://www.lightspeedhq.com/
● https://www.hitoko.co.id/
● https://utas.co/
● https://kiriminaja.com/
● https://www.esb.id/esbposlite/
● https://www.olsera.com/
● https://appsumo.com/products/marketplace-fatoraio-build-a-super-fast-online-store
● https://fatora.io/en/
● https://appsumo.com/products/marketplace-instantio-instant-same-page-checkout-for-woocommerce/
● https://wpinstant.io/
● https://appsumo.com/products/shopiroller/
● https://www.shopiroller.com/en/
● https://fatora.io/en/
● https://onpay.my

Advantages or differentiators

Funnelioo:
● For users, free to start using it.
● Flexible to expand the features. As the main product (manage orders, manage products, manage customers) is the foundation of e-commerce and POS.

Finance

Cost Structure:
● Server
● Human resource
● Taxes
● Affiliate commissions
● Advertising
● Product development tools
● Marketing tools
● Partnership percentage fee

Revenue Stream:
● Selling premium addon, ranging from $2.97 - $6.97 per month.
● Enterprise clients
● Cashback ongkir, ranging from 5% - 35%.
● Selling online courses related to the product.
● Percentage fee of users' gross revenue.

Business model

● Freemium business model.
● Build ecosystem for online sellers.
● Leverage partnership entrepreneur communities to spread the word.
● Leverage partnership with developers to create addons.

Channels:
● Word of mouth
● Direct: official website and social media profiles
● Lead generation and nurturing leads through email marketing.
● SMM: Facebook, YouTube, Instagram, Tiktok.
● SEO
● SEM: Google Ads
● Ads: Facebook, YouTube, Instagram, Tiktok.
● Facebook group to educate market.

Money will be spent on

Money will be spent on:
● Server
● Human resource
● Advertising
● Product development tools
● Marketing tools

Offer for investor

Negotiation with pre-money valuation: $2m

Team or Management

Risks

Risks:
● Quite challenging to acquire users from other existing solutions.
● Quite challenging to educate target market.

Incubation/Acceleration programs accomplishment

2017: participated on IDX - Indonesia Stock Exchange (Bursa Efek Indonesia) incubator for 6 months.

Won the competition and other awards

n/a
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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