We have created an exclusive membership network for all existing businessmen in our country. When any retail shop owner join our membership network, He becomes our partner and we give them new customers every day as we tie-up with builders, Event organizers, hotel chains, big restaurants, and other places in that area that procure products in bulk amount i.e whichever we find necessary to increase sales for our partner stores. The next things is our members can shop from any of the other partner stores with up to 20% of additional discounts on services and products.
Current Status
We have already got an Iot of traction and so we decided to raise funding. We have got 15+ channel partners and 1000+ member partners from 5 states and 15 cities in India. We have appointed 500+ Business DeveIopment Managers across India.
Market
From a local street vendor to a Premium hotel chain we aim to provide our services to everybody who desires.
Problem or Opportunity
For Tier2 and Tier3 cities Starting and running a Business faces two most important problems. One not having idea about how to start and capture market attention. Second not generating enough revenue in Business after starting due to less customer base.
Solution (product or service)
From Marketing to branding to sales and promotion, Our startup provides a one-stop solution for growing a business profitably along with providing a large customer base through its membership network.
Our Startup provides customers to the businessmen who join our membership network as retail partners, as we tie up and provide membership to people from every area who are themselves basically anyone who purchases products in bulk.
At Lfyd, when a businessman becomes our partner, we provide them complete support and knowledge about starting and running the business along with all the benefits of Lfyd's Partnership program.
Competitors
maximum saving cards
Amway
RCM
Easy day club
Advantages or differentiators
Where our competitors have their own products or their own retail shops, We on the other hand tie up with any retail shops and vendors across India
We provide our partners with special experienced professionals as per their business needs to guide them so that they are always ahead in the competition
We tie up with all the major businesses, hotel chains,RetailOutlets,Malls, restaurants, contractors, e.t.c across India so that we can provide direct sales opportunity for our partners across India.
Every person who becomes our partner joins an already existing network of businessmen so one can be a seller and buyer to others across India and they get benefits like discounts, support in purchase e.t.c
Business model
When any person joins our membership network He/She can buy any product or use any services from thousands of our channel partners across the country at up to 20% additional discount then a regular customer.
It generates customers for our partners and at the same time provides products to members at a cheaper price than the market so it serves two purposes at a time.
Whenever a person registers his/her business with us, we provide them up with new customers every-time as we keep on tying up with different vendors, builders, industries, malls, restaurant chains e.t.c whoever can be a customer for our members.
Any person can be a member of lfyd for free at absolutely no cost and is valid for a year but to be a retail partner businessmen pay a fee.
Money will be spent on
The money will be spent on marketing and increasing the reach, We have already expanded to multiple cities in tier 2 and tier 3 cities but now we will get into more such cities in India .
