Business Overview:
The company has developed and patented a product that makes coupons easy for consumers and powerful for manufacturers. The company’s mobile integrated technology uniquely and precisely measures individual shopper behavior (to individual product category precision) and can gauge degrees of brand/product loyalties, price sensitivity, and the precise price threshold to trigger a different purchase. The system enables manufacturers to use each shopper’s personal behavior heuristics in real time to actively compete at the precise moment the shopper is making a buying decision in the store with product in hand. Despite today’s common use of inefficient and unsecured paper coupons, coupon is still estimated to be a $7 Billion per year industry. It is perfectly positioned for the right technology to bring modern digital efficiencies and tracking to the industry. As coupon hasn’t changed much since 1887 it is long overdue. This patent offers the technology that will allow the consumer and the manufacturer alike to streamline coupon and bring the industry up to today’s fully integrated technological standards…with a personal touch. In addition, the business of selling consumer market research is a $10 Billion per year industry. This system also collects and precisely tracks individual and aggregate changes in shopper behavior thereby offering continuously updated precise economic behavior data for market researchers. This type of consumer behavior data of this precision and volume has never before been possible, until now. The company has a detailed business plan, including a product development plan geared for exponential growth. This plan is backed by a highly qualified founder and advisory board. The patented technology is currently fully prototyped with controlled scale live trials to be conducted in the immediate future. The product will be ready for full-scale launch after 8 months of final development and testing.
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Property Features and Assets:
Assets=$6,500,000
Reason for Selling:
Looking for partner for up to 40% stake in company
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: