By covering a percentage of our costs on commission on sale or revenue (which you can build into your prices) it enables us to provide a low cost, low risk start up with unique concepts, brand, site/app design and 'first rung' business plan, then full design and developer specification at less than industry standard costs, supported by marketing, research, funding expertise and ongoing professional support.
Why is a business concept better than a Shopify or Godaddy standard ecomm site? There are many reasons aside from the obvious increase in potential revenues. The most obvious being competition in a saturated market - you can't see the woods for the trees - too many sites selling the same products in the same way makes finding customers harder, the second if selling physical products is the cost of returns - according to retail analyst Paula Rosenblum retailers lose a third of their revenue on returns and that was before Brexit! The majority of our concepts or service or subscription based with multiple income streams and the e-comm elements that they are are custom products which are a lot less likely to be returned and from what we can see our concepts are unique too so there is little competition. Next income streams and expansion: straight ecomm is limited to products - a custom concept can develop multiple income streams, new avenues and expansion. Finally last but not least is finding a business that suits you - view some of our ideas for sale and you can select concepts with hands on or automatic income generation, b2c or b2b even non for profit businesses for good causes and for bespoke concepts we create a custom business that matches your needs and interests - admittedly the build costs can be but not always higher than a standard e-comm but so are the potential returns.
*Projects must be completed within 12 months and enhancement concepts & strategies remain © The Interactive Business Enterprise Ltd until the project is live and generating income. To reduce risk for you upfront costs are kept to a minimum with concepts taken into full development subject to a 5% commission on sale, subscription or revenue source. Commission is also paid on sale of concepts. See T&Cs for full details.