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StoreLab

United Kingdom
Market: Mobile applications
Stage of the project: Operating business

Date of last change: 13.01.2023
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Idea

We are a software development company that makes a mobile application development platform. You can build an app in seconds and be generating income in a few days.

Current Status

We are revenue generating with 150 users on our platform.

2 quick success stories:

Mike’s Dive Store $5M in sales per year

They Made enough sales in their first week of launch to cover their StoreLab plan for a year. - AND they’re on our highest package

Thats a 111x return on investment

Airebil Apparel $2M in yearly sales

A consumer buys 9.3x more from Airebil mobile app than their website

Their mobile app is now responsible for 46% of their sales despite only 10% of their total sessions.

Problem or Opportunity

Traditional app development takes months and £10,000s to build and develop.

IOS 14 and other digital marketing channels have become very expensive with cost per click and cost per impression models.

Solution (product or service)

With our platform you can have an app built in a few hours and make it revenue generating in a few weeks for a fraction of the cost $80 per month.

We give our customers access to event based push notifications.

Business model

Monthly recurring revenue, 2 packages £60 per month for access to the platform or £600 for a managed service.

Incubation/Acceleration programs accomplishment

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Idea
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Finance
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