Tip My Server Ltd.
An online service that offers a FREE PERSONALIZED tipping service to everyone in associated with the service industry.
Introduction
Let me introduce you to TipMyServer.com. We are an online (FULLY FUNCTIONING) service that offers a FREE PERSONALIZED tipping service along with a FREE QR CODE. It allows for the user to have access to another branding tool to support their efforts in generating tip income. This unique vertical market is quite untouched.
Team
· Frank Srebot: Founder
· Dan Tomas: Advisor
At tipmyserver.com, our members have been involved with I.T. for the last 25 years in service-oriented software. Much of our expertise has been in solving solutions in several service-oriented Industries (HVAC, Plumbing, High-rise residential security systems).
What problem does this solve?
At first you might say that people in the service industry already have a system of collecting tips, but most of those systems are integrated with the owner of the establishment that is offering their service. In most cases, the owner decides how the tips are to be collected and how they are to be divided.
Solution
The TipMyServer.com tools allow for the opportunity for the worker to collect a tip that is entirely directed towards themselves. It would be like satisfying the request where, for example, you would like to tip a waitress personally - you have no cash, and you would like to directly tip a waitress instead of tipping all the servers.
Other scenarios, in which people on the service industry will benefit, are when the establishments don't offer a digital tipping solution. It allows servers the potential of increasing their income at no start-up cost. They only pay when they use the service.
Business Model
TipMyServer.com generates income based on the amount of each tip. A commission is taken off only when the user generates a tip using TipMyServer.com. Each user will have a FREE personal website and FREE personal QR CODE. The advantage with this business model is the following:
· Signing up is free.
· The user is subject to a commission charge, and this is the only form of cost. There are no ($ZERO DOLLAR) start up cost.
· The user gains a FREE personalized website which will become a vital tool to generate income and increase personal branding awareness.
· The user also has access to a comprehensive date triggered reporting system that allows them to keep track of EVERY TIP THEY EARN!
The future for TipMyServer.com to generate income and add on to the business model is to sell merchandise to the user. This will include t-shirts and baseball caps that display the personal QR CODES so that potential tippers can scan the QR CODE right off the merchandise to gain access to the user’s personal website.
Competition
In our research, we have yet to discover any organization using this model. Many offer a QR CODE to a specific form of payment, of which on all counts, make it cumbersome and limiting to fulfill a tipping transaction. TipMyServer.com is straight forward: click on the QR CODE and select a method of payment (this is provided by PayPal). This service is FREE and SECURE. The only bit of information required of the prospective client is an email address. TipMyServer.com does not collect any sensitive information or credit card information. All tip payments are linked to the email address (for depositing funds).
Our Vision
The potential for this service is staggering. Since TipMyServer.com is a GLOBAL SERVICE, the number of potential clients that can benefit from this service are in the millions, and the number that TipMyServer.com would require to show substantial profits is only in the thousands. With the right marketing strategies, TipMyServer.com will become the NUMBER ONE GOTO TIPPING TOOL on the internet. Along with the merchandising, the TipMyServer.com service will not only become an essential service tool for all clients related to the service industry, but it will also be a service that will dominate the ONLINE TIPPING INDUSTRY.
Product Roadmap
TipMyServer.com is a fully functioning website on a dedicated server and there is in place a software system that will process over one thousand transactions a day. This automated system will update daily the status of each tipping transaction so that clients will always be informed of the status of each tip. Currently, there are only a small number of clients. My client acquisition is at a fairly high cost but with the proper investment, TipMyServer.com can brand itself at a global level. Currently TipMyServer.com google ads are running at a %8.4, over four times the acceptable average.
Funding
Currently we are seeking $500,000 USD to make TipMyServer.com become the leader in the online tipping industry. The primary use of the funds will be in marketing in the following areas:
· google ads.
· facebook ads.
· tiktok.
· instagram.
· All other high ranking social media platforms.
Extensive online marketing will be required to achieve our goals. For clients to brand themselves using TipMyServer.com, TipMyServer.com must first brand itself.
Projections
With the proper marketing strategies in place, TipMyServer.com will become a viable, profitable and dominant online business in a relatively short period of time. With a proper ad campaign with proper management, TipMyServer.com will be generating profits within months and be on top of its game. Given that fact that millions of people in the service industry can use this service at a global level, all that prospective clients need to know about TipMyServer.com is that it is FREE and EASY and SECURE.
Next Step
What is next for TipMyServer.com is to add marketing capital to the already functioning ONLINE TIPPING SERVICE. This is the reason why TipMyServer.com is making a funding request. We would like to set the online wheels in motion.
We look forward to creating a business relationship with you so that we all can benefit from this huge and untapped online market.