[Fiware-challenges] Executive summary of high impact technology project

The eFreeCommerce Group director at efreecommerce.com
Sun Jan 20 20:32:28 CET 2019


Executive summary of high impact technology project
Company: The eFreeCommerce Group. Miami, Florida

Name: Felipe Vera

CEO

Ph. +1 737 529-0941

email- director at efreecommerce.com (director at efreecommerce.com) 

We are a tech company HQ in Miami (ecommerce).

We insert SME´s in the New Digital Economy.
Vision: Build the largest network of interconnected businesses doing business operations online never seen, first in USA and then in the rest of the world.
We know that they are several divisions at the same time, but we understand that to be a leader in the effective insertion of SMEs in the digital economy we have to offer all these services at the same time (which complement each other, do not oppose it) and even others in the future.

 

Why SME's?

Because they are tens of millions and growing, because they generate the most part of the world's employment and a prosperous world suits us all.

The eFreeCommerce Group is a company that provides and will provide (as there are divisions on project) to small and medium enterprises (SMEs) in the world several platforms for e-commerce and many other online services, so that these companies can develop numerous commercial activities, training, etc.  from their own offices or from their mobile devices wherever they are.
Now we have operating the platforms separately, we are working to integrate them all into one site (on a single domain).
Elements of the internet of things and artificial intelligence will be incorporated gradually in each platform or division.

 

The eFreeCommerce Group has 4 operating divisions and 2 two that are on project. These are:

 

1-B2B Division-eFreeCommerce.com-operating-We connects businesses with businesses to trade on line. This connection is made through our platform www.efreecommerce.com. SMEs can find suppliers from nearest to farthest them. On this platform SMEs can also upload free classifieds and there are many services oriented to SMEs like 32 chat rooms ​​divided by industrial sector, etc.

2-Division of conventional stores -eFreecommerceShop.com-operating-SMEs can build their own online stores using our online platform www.efreecommerceshop.com for building online stores using templates. The possibility that the virtual stores can be grouped in shopping malls according to their geographical location is also in project.

3-Software development and virtual education- operating -We develop powerful websites and online stores (Self manageable platforms). These online stores or web sites are created by us with an already created platform.  We make design according to the type of the client business (we do not use templates in this division) once the store or the website is created the client can manage it (can upload and remove videos, photos, texts, etc.). In this division, we also develop multimedia materials for online training. 

4-mcommerce division-We are developing mobile applications for on line commerce or mcommerce. Under construction 2 mobile applications for ecommerce.

5-Division of personal relationship MegaLove.biz-operating-Division of personal relationships between singles business people and between them and other people using our online platform www.megalove.biz. In this this platform can be registered businessmen and businesswomen who look for a couple. Also, can be registered not business people who look for a couple with these characteristics. In this place business material for business people is published.

The business people that have paid their dues have priority in the results of searches and theirs profiles are highlighted to achieve more contacts.

6-Division of third dimension(3D) projects-in project-We will develop a 3D Shopping Mall with shops, cafes, restaurants, etc. We will develop too offices, trade shows, etc. using 3D. We will also offer elements of augmented reality for the customers of the restaurants and cafes in the 3D Shopping Mall with cameras where the customer can see the restaurant kitchens where food is prepared.

 
Problem: SMEs do not use the full extent of IT for growth, about 70% of companies in the US do not have a website (US Census Bureau-2015), a small percentage can accept electronic payment through their websites, few SME´s buys and sells using the internet as platform, etc.

 
Solution: Create multiple platforms fully focused to SMEs which allow these companies to build their websites and their online stores (they can do it already), but not only that, offer them a huge range of services that allow them to truly insert themselves into the Digital Economy from B2B platforms to Dating with business people.

The secret is that does not exist in the market a company totally focused on providing a wide range of online solutions to SMEs.

 
Business model: We plan to make money selling various online services to SMEs in packs or individually, this will be done through our sales force, using payment per clicks systems, multilevel marketing, strategic alliances, and a franchising system.

Our fixed costs are lows because we outsource almost everything and payments to developers are made by project.

 
Technology: We use innovative technology for the development of our platforms and these are constantly being improved, adding new features.

 
Marketing and sales:            We sell and will sell (there are divisions on project) various services individually and in packages.

In the future, we want to replicate the use of our different platforms selling franchises in every major city of 100,000 inhabitants in the world and using a multi-level marketing model to sell our services.

 

We have different types of customers:


1 - Those who are enlisted on our site www.efreecommerce.com by 2 USD (now is for free)

2 - Those who buy web pages and online stores

3 - Those who buy email marketing activities with advertising

4 - Those who buy banners on our websites www.megalove.biz and www.efreecommerce.com

5 - Those who ask for training materials using multimedia

6-  Those who are enlisted on our website megalove.biz (now is for free)

7-  Those who are enlisted on our website www.efreecommerceshop.com

8-  Etc.

 
Each division has competitive advantages that make us unique on efreecommerce.com for example the results of the searches are the closest to the farthest looking (on Alibaba is the highest-paying and very expensive for SMEs), we have 32 rooms business chat, etc.
In efreecommerceshop.com online stores may be grouped in malls, etc.
Megalove.biz is a dating website aimed at business people, etc.

 
Competition:  Each division has its own competitors, some of them very powerful. This powerful competitors do not have a total approach to SMEs and their target markets are very large (unfocused).

 

 
Management team:

 

CEO and CMO-. Felipe Vera, Telecommunications Engineer, holds an MBA from the Universidad Iberoamericana one of the most prestigious in Latin America. He has been involved in Internet projects and he has been too professor in many universities at master’s level, consultant and CMO in some successful companies and has developed successful strategic plans for small and medium enterprises.

He has published articles in the magazine Emphasis about Logistics and eCommerce and in the Miami Dade College about Big Data, Robotics, etc.

CFO- Outsourcing.

COO and developer

CTO and developer-David Forteza -Engineer in computer science, with many years of experience as a web developer.

Developers-1

A lot of developers will be hired as freelancers to save fixed costs.

 
Use of funds - We seek capital for among other things to go public on the OTC Bulletin Board or the Pink Sheets where even a start-up can go public and for improvements in our numerous platforms.

 

 

 

 

 
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