Click Stores, LLC

Subscription based e- commerce marketplace


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Quick Pitch

Click Stores, Inc. ("Click Stores" or "the Company") is a revolutionary online marketplace offering significant exposure to 3rd party e-retailers and significant savings to online shoppers. The marketplace will charge an annual membership fee of $49.99. With the subscription, members will be able to purchase merchandise through the marketplace at wholesale prices. For partnering e-retailers, the Company will offer a completely branded e-commerce storefront and increased store traffic. The Company will earn revenue through annual membership fees, per transaction fees from non-members, e-retailer platform development and maintenance fees and advertising.

The Company will enter the large and growing e-commerce industry. Global e-commerce sales increased more than 20% worldwide in 2014 to almost $840 billion. U.S. e-retail sales are expected to grow from $263.3 billion in 2013 to $491.5 billion in 2018. Click Stores will work to capture a significant portion of this market by becoming the most cost effective way for consumers to make purchases online.

The Company is seeking initial financing of $3.8 million, to fund promotional expenditures, working capital and other startup requirements, and a second round of $17.7 million in equity financing to fund additional working capital requirements after the first year of Company operations. 

Product/Service Details

To address the market demand for lower prices and bargains, the Click Stores marketplace will function as a mix of Costco and Amazon Prime, to provide highly discounted purchases to members who pay an annual fee ($49.99). Membership will come with cheap club-only prices and free shipping for orders of at least $35 as well as free shipping on returns. To disrupt the current online marketplaces, the Company will become the online destination with the absolute lowest prices.

For any individual item, the Click Stores price will generally be 10% to 15% cheaper than anywhere else online. Additionally, the prices of individual items will get less expensive in real time as shoppers add more products to their carts. Prices will be able to drop even further if shoppers click on options that lower the Company’s costs — such as paying with debit instead of credit or agreeing to wait for different items to be shipped in the same package. Rather than earning tiny profits on each purchase, Click Stores passes the profit back to the consumer. The Company will make no money whatsoever on member transactions, but instead will generate revenue exclusively from membership fees. However, unlike Costco, Click Stores will not require bulk purchases; and members of Click Stores will only pay half the annual membership fee of Amazon Prime members. 

Traction & Accomplishments

ClickStores.com Platform

Development of the Click Stores platform has been completed, and the site is ready to launch. Management is currently uploading inventory to the digital platform to ensure maximum site visitor utility. 

 

How We're Different

Click Stores will operate a membership-based marketplace offering both 1st party and 3rd party transactions. A seller-friendly marketplace platform will accommodate large and small sellers, and offer easy branded store front set-up. The Company will offer:

  No upfront fees for individual sellers

  Fully customizable seller storefronts

  Automated listing software

  Transaction processing services

  Daily remittances 

Team

Samir Bhatia - CEO

 


Aparna - Patil

Technology Manager 


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