We are excited to introduce you to iBidd, a unique hybrid marketplace that offers more than just a platform for transactions. iBidd is similar to popular online marketplaces such as Amazon, eBay, Mercari, Etsy, OfferUp, and others, but what sets us apart from traditional marketplaces is our revenue model.
While most marketplaces charge fees for processing, shipping, and promoting, iBidd offers additional revenue streams. This makes us a hybrid marketplace that offers more than just a platform for transactions.
We are currently at the end of the beginning, which means that we have built a team, implemented our business plan, and created a product. iBidd owns its name, and source code, and has launched our Website, IOS & Android Apps. We maintain an in-house tech team with daily meetings and updates. Our bank is JP Morgan Chase, and we have a great legal team with Morse. law. We have also filed a trademark, and we use Stripe for processing and Shippo for shipping.
iBidd was built with the Now generation in mind. We have a diverse team of entrepreneurs with decades of business knowledge from many well-known companies. Our team members have education(s) and experience at the highest levels.
At present, our greatest expense is marketing, and we have allocated our conservative spending and marketing budget based on our build cost and early entry to the market projections. However, with the right resources, we intend to boost our marketing budget by tenfold and launch an all-out marketing blitz to make iBidd a household name. We have a multitude of creative marketing strategies and plans, including one where marketing generates revenue for iBidd instead of cost, a win-win.
To support our growth, we are currently seeking a bridge loan or step funding and are open to considering all offers. In exchange for this funding, we are offering a fixed-rate convertible note or equity in the company.
Additionally, we also hold the brand LeaseAmerica.com (17 years) and would be willing to negotiate the use or other.
Thank you for your time, and if you would like more information, please call us at 800-960-9221.
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