SHOPPIER NETVENTURES PRIVATE LIMITED

In their own words

Product Development for Discounting App Background Story In a world of ever-increasing business competition and rise in inflation and increase in price of basic items, it is obvious that organizations that will succeed will be those that get more customer-centric in their approach. To stay competitive and increase profitability, organizations will necessarily have to tap the power of maximizing business from existing customers and acquiring new customers and at the same time customers would also like to avail discounts and save money. In an unorganized market segment in India, consumers have the natural tendency to seek discount / good price for all its purchases. With the fast paced world, we are trying to bridge the gap between customer and merchant through the Digital business ecosystem which gives its user a traditional shopping experience. About discountLO To manifest a business ecosystem based on Trust and Fairness to inflation and consumer purchasing capacity. Our Vision To manifest a business ecosystem based on Trust and Fairness to regulate inflation and consumer purchasing capacity. Our Idea To create an Application platform which provides a flat discount to its users at registered community merchants. On the Contrary, It supports our registered vendors with increased footfall and customer retention programs through lucrative offers and discounting schemes. About the Application Our discounting App is for all mobile users for their daily needs by connecting its end-users; Consumers and Vendors. The application supports the customers to search for a store, view trusted vendors, discount schemes for their daily needs, make payment through our ccc, view transactions and earn loyalty points / rewards through various schemes at App portal. On the other side, the application supports the vendors to become part of our business ecosystem, retain customers and their sales, monopolize the market, receive periodic freebies and rewards (or vouchers), see their business growth, validate every transaction and participate in our vendor engagement programs through increased sales. Both Customers and Vendors are managed by Admin panel to track users, purchases, products, etc in the backend. Admin will have various functions such as approve, view, extract and download the data reports. To support the feasibility of the platform, the application users are requested for a subscription model to avail full benefits of our business ecosystem. How to use the Application? A person wishes to shop products around his region. A new user observes the Pay via discountLO QR code on the vendor billing counter and downloads the app to avail discount. Post download, he logins into the app, scans the QR code, asks the vendor for the billing amount and then redeems the discount by proceeding with the transaction page. Post transaction, he shows the receipt to the vendor for verification. Vendor has the option to validate the transaction in his app within 60 seconds or it would get automatically validated if no objection is raised. The vendor smiles at the customer and says “thank you, visit again!” For whom Non IT person and general public (mostly middle class) It would be an android app and IOS app in the initial phase.

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