SUBBIT is powered by smart mobile technology and enables any business to convert virtually any product or service into a subscription package. The SUBBIT token is a modular utility token, developed on the Ethereum blockchain, which gives users access to exclusive products, savings and cash-back rewards within the SUBBIT network. Our vision is to create a new exciting pattern of consumption worldwide, which rewards consumers with better value, and convenient access to the things they love. SUBBIT will become the world leader and market default for B2C subscription payments, actualising a global $8 trillion market opportunity.
Problem Specification:
The retail gap :
This includes physical retailers (e.g. local shops and restaurants) and other serviceled businesses such as gardeners, personal trainers or independent coffee shops, The challenge for high street businesses, is not only to compete with their online counterparts, but also to find ways to harness technology to improve interactions for their customers.
Loyalty is key :
Consumer research points to customer loyalty as being a big issue of concern amongst many service-driven high street businesses. In response to this issue, some have introduced loyalty schemes, but the mechanics of this are often clunky and depend on the customer to either carry paper cards or to download a single-purpose, proprietary app. These types of loyalty schemes seldom offer upfront savings or improve on overall convenience for consumers. Similar problems exist for other micro and SME businesses, and even charities, where gaining access to the subscriptions economy is expensive, time-consuming and difficult.
Solution :
By using our smart mobile app, users can subscribe to their favourite shops, restaurants, leisure activities and many other popular mainstream products and services. In practical terms, SUBBIT makes it easier to pay for any product or service consumers might use on a regular basis – and offers many advantages over other payment methods, such as exclusive access, discounts and rewards. SUBBIT is also the most convenient payment alternative around. There’s no need to carry cash or a card, all you need is your smartphone to unlock a smooth and flexible consumer experience. SUBBIT is leading the way for a new and exciting pattern of consumption, which gives consumers convenient access to the things they love.
Tech meets subscriptions :
SUBBIT completely democratises the subscriptions economy by giving every business instant access to the subscriptions economy, right from their smartphone. We have built a comprehensive end-to-end digital solution, which makes the entire process as simple as possible for both businesses and consumers. This includes an intuitive mobile app, which allows users to subscribe to a business in just a few taps on their smartphone, replacing the slow and restrictive onboarding process used by traditional subscription services.
Total democratisation:
This blows the rigid subscriptions economy wide open, by removing barriers to entry, and creating brand new markets and opportunities for retail and other independent businesses. SUBBIT disrupts the global consumer economy by offering a viable and frictionless (subscription-based) payment alternative to cash and card. SUBBIT democratises the global subscriptions economy by giving every business instant access to a subscriptionbased payment model.
Markets:
Our focus is aimed specifically at businesses, which retain a physical interaction with their customers (such as shops, salons and restaurants), rather than businesses which only sell online. SUBBIT will facilitate a new pattern of consumption and become the default payment method within four key target markets worth a collective £2 trillion in the UK alone. SMEs/Micro Businesses SUBBIT is the first and only product to enable a simple, instant subscription transaction at any physical point of sale, without the need for any hardware other than a mobile phone.
Simply put, SUBBIT gives every small business instant access to the subscriptions economy for no extra cost. We will market SUBBIT to local shops, salons and restaurants, as well as other small and independent businesses such as personal trainers, car washes, domestic cleaners, sports clubs and health practitioners to name but a few. These types of businesses are unique in that they typically offer services that are purchased or consumed at frequent intervals.
Whilst our marketing strategy is aimed at these types of businesses, we fully anticipate other business types and entrepreneurs to adopt our evolved subscriptions model and use SUBBIT as a primary driver in their business activity. The list of businesses types within our SME market continues to grow rapidly and we project to have 100,000 active business on the platform by the end of our first year’s trading
Charities and NGOs :
SUBBIT will enable every registered charity to collect donations instantly and on a secure digital platform for no extra cost. There are 185,000 registered charities in the UK alone, many of which do not have their own digital collection platform. SUBBIT users complete one single onboarding process to gain access to thousands of subscription packages in our marketplace – this includes Charities. Research tells us that just 7.2% of UK charity donations were made online during 2016. Compare this to 19% of total UK business turnover coming via e-commerce. We have identified this gap and tailored our product to resolve issues around outreach and collections, which are faced by charities in the modern consumer age.
Benefits for Vendors:
Once registered, vendors can set up their own subscription packages in the SUBBIT marketplace, and start collecting subscription payments right away. By using SUBBIT vendors, will instantly gain access to the benefits of a subscription-based business model, including:
- Customer loyalty
- Recurring sales
- Predictable income
- Better cash flow
- Improved ledgers
- No cash handling
SUBBIT also gives these additional benefits to vendors:
- No paperwork
- Direct in-app messaging to customers
- Broadcast in-app messaging to customers
- Promotional incentives for customers
- Exposure to thousands of users in our SUBBIT marketplace
Investment Rounds:
Token Sale:
For more please visit:
Website: https://subbit.io/
Wthitepaper : https://www.subbit.io/#whitepaper
ANN : https://bitcointalk.org/index.php?topic=4631809.msg41865068#msg41865068
Facebook : https://www.facebook.com/gosubbit/
Twitter: https://twitter.com/gosubbit
Youtube: https://www.youtube.com/channel/UCj40kogX5zDbokHvMX9AMwQ?view_as=subscriber
Bounty : https://bitcointalk.org/index.php?topic=4631965.msg41867215#msg41867215
Telegram : https://https//t.me/subbitico/
Author
pragna
Profile address: https://bitcointalk.org/index.php?action=profile;u=1130623
Wallet Address: 0xA146d155599533c2C8B86ee68472f3642648cd53
