Carsome automotive pricing & information network

Carsome automotive pricing & information network

Project Cost: RM500K – RM1.2 mil

Amount Invested : 0

Amount Required : RM500K – RM1.2 mil

Knowledge / Experience Required:
general management
strategy
sale & marketing

Proposed Investor’s Role: as consultant

Industry:
informatics / multimedia
internet

Project Stage: seed

EXECUTIVE SUMMARY:

Company History:

Founded by a group of digital media veterans, the experience from digital advertising & planning are top notch. Given with vast experience dealing with brand clients within the industry, business relationship with clients are well established.

Product / Service Description:

Creating an automotive pricing & information network for car buyers and dealers. The business is designed to provide transparent car buying experience for dealers and consumers. It will be the biggest ASEAN network that helps partners sell cars to consumers. Key clients such as top brands in Malaysia are ready to pump revenue in it.

Business Opportunity:

Core problem of the business is to launch it fast as the market is in need of such network to utilize in getting information. The obstacle face over here is to launch it asap and ensure highest visibility possible as competitors might adopt the strategy and turn it against us

Revenue Model:

Revenue stream are generating through selling media inventories on the site. Also generating incomes from dealers for lead generation.

Management Team:

Experienced leaders from the industry within. We are fully equipped with digital knowledge and managing teams from sales, programmers, designers , copy writers to fully launch this successfully

Current Status:

Seed Round, the prototype is being build and we are confident to make profit within 12 months period.

Funding Milestone:

M1 : Prototype development – 50k
M2 : Seeding startup – 100k
M3 : Operating Cost – 350k
M3 : Marketing Cost – 600k

CONTACT INFORMATION

eric cheng ( eric@2ronins.com)
Company Name: carsome sdn bhd
Postal Address : kelana jaya
State : selangor
Post Code : 47301
Country : malaysia
Telephone : 0129230673

CAPITAL.MY