Geolocation technologies with Letmeget under your own brand name!
Launch your own geolocation service! The company Letmeget will share its technologies with you. All you have to do is come up with the business name and start working! Over 1 300 companies use this service and more than 30 entrepreneurs from Russia and Kazakhstan have launched their own businesses using the app Letmeget.
Launch a geolocation service under your own brand name!
Letmeget is a geolocation service that actively employs GPS to encourage customers to visit various shops! Launch a reliable business and collaborate with other entrepreneurs! Territory-wise you are not restricted. You can offer your services anywhere under your own brand name and using your unique corporate style. The founder of the service Letmeget is the company Notissimus from Saint Petersburg that launched dozens of successful projects in the sphere of mobile technologies. Letmeget is popular in Russia and Kazakhstan and is used by such companies as Befree, Finn Flare, Coffeeshop, Ecco and others! In total, over 1 300 companies use the app Letmeget. Thousands of push-notifications are sent to their customers daily. Each company registered for the service brings the management company about 2 000 Rubles a month* (£39, if we base calculations on the Big Mac Index)*.
The app is absolutely free for its end users!
The customers of the entrepreneurs registered for the app don’t have to make any payments. The app is compatible with Android and iOS. Letmeget allows entrepreneurs to attract customers walking in close proximity to their place of business. This kind of geolocation marketing is possible due to such technologies as Apple iBeacon, Google Eddystone and Geofencing. Using a simple and convenient personal account an entrepreneur creates an announcement about a current promotion, sets the location of their shop and determines the coverage area for push-notifications, e.g. 500 metres. When users of the app find themselves within the coverage area, they receive a notification about the promotion even if they aren’t using the phone at the moment. The app uses GPS signals or special beacons located nearby.
Consumers receive push-notifications even if they’re not using their phones!
Statistics allow entrepreneurs to see how many consumers notice their promos and visit their shop. Any company can afford to register for the service Letmeget and start attracting new customers!
Employees of the company Letmeget talk about the business and the technology they use
Launch a geolocation service under your own brand name! You main responsibilities will include getting in touch with entrepreneurs and registering them for the service Letmeget. A shop, restaurant or any other place of business can use the app! A whole shopping centre can become your customer. You will be able to set pricing for your customers yourself. The payments you receive from them will become your steady income. You yourself will only have to pay a small fee to the management company for technical support.
Your customers will easily launch promotions and set the coverage area for push-notifications!
The management company will provide technical support for the app, train and consult you, give you the layouts of advertising materials and the documentation set and grant you the exclusive right to open an outlet in your city. Introduce the business owners of your city to an effective and affordable customer attraction tool! Each company registered for the service brings the management company about 2 000 Rubles a month* (£39, if we base calculations on the Big Mac Index)*.
Your personal account will allow you to work from any place in the world!
Interested? Then see other information about the business! You’ll find profits calculation, starting package contents and a video interview where a co-founder of the company, Maksim Kulgin, talks about the peculiarities of the business.
*Whether or not your business is successful depends on your own hard work. The price provided in GBP reflects the date when the calculations were made as well as the relevant Big Mac Index.
Profits calculation
Prices in Russia and in the UK differ. For you to understand the potential of the business we used the Big Mac Index in our calculations (the cost of a Big Mac). A Big Mac consists of a number of goods (bread, cheese, meat and vegetables) so it could be considered a clear reflection of the national economy. Of course, it’s not the best way of comparing the pricing in different countries but it can give you a general idea.
As of January 2017 a Big Mac costs £1.78 in Russia and £2.99 in the UK. The difference equals 42.3%. This is why Bonplan raises the cost of Russian services for the UK by 42.3%.
Judging by the operation of Letmeget in Russia, after 10* months of running the business a dealer will register 190* customers for the service. On average, every customer pays 2 000 Rubles a month (£39, if we base calculations on the Big Mac Index*). If you land 190* customers, your profits should amount to £7 410 a month*, considering the Big Mac Index. Bear in mind that you’ll be able to set prices for your customers yourself. You may want to set a higher price for your services in the UK. It’s up to you.
* Results are not guaranteed and depend on your hard work.
Important: we don’t take into account the number of small business for every 1000 people. However, this criterion is much higher in the UK than it is in Russia, which signifies a greater potential of the business.
Your expenses will include a fixed royalty payment to the management company in the amount of $400 (£312 according to the currency exchange rates at the day of publication of this offer*), payroll, taxes. f you will be working on your own, you can exclude payroll expenses from the list. However, there may be other expenses that you will have to take care of.
IMPORTANT! The cost of the package and all calculations are approximate. For your convenience all figures are provided in the GBP according to the currency exchange rates at the day of publication of this information. Real calculations will be made in the US Dollars according to the currency exchange rates that will be relevant at the day of the transaction.
The calculations are based on the data received from the management company. The provided data does not guarantee the success of your business. It is always up to you to make your business successful.
How to start
In order to begin our collaboration, we have to sign the agreement first. Within 5 business days after the payment for the starting package the management company will send a documentation set to you. Then your 5-day training will begin. Once you sign the agreement it takes about 10 days to start up.
The contents of the starting package (from £ 2 600):
Right to conduct the SaaS business.
Study materials in digital format required for the operation of the SaaS business.
Layouts of advertising materials in digital format.
Documentation set in digital format: commercial proposals, agreement forms, guidelines.
Connection to SaaS as a Dealer and access to a personal online account necessary for conducting the SaaS business.
Interview with a co-founder of the company Letmeget, Maksim Kulgin
Bonplan interviews a co-founder of the project Letmeget (VIDEO)
According to Maksim Kulgin, the company Letmeget does geolocation marketing. The company uses such technologies as Apple iBeacon, Google Eddystone and Geofencing to notify its customers about sales, interesting offers, promotions, gifts and new goods in the places around them. Letmeget offers its services in large shopping centres of Moscow and Saint Petersburg. The company also has dealers in other Russian cities and in Kazakhstan.
Maksim says that services similar to Letmeget are on offer in Europe and North America. However, the company has certain competitive advantages: it uses technologies that are more advanced than those used by foreign companies. All Letmeget apps, guidelines and the software will be translated into English. Dealer support will also be provided in English.
Maksim thinks that around 500 companies can sign up for the service Letmeget in a city with the population of approximately 500 000 people. If each customer pays a monthly fee of $40 to the dealer (approximately £32), then the dealer’s income will be $20 000 (approximately £15 930) a month.
Dealers of the company Letmeget will have to complete training to receive all technical guidelines from the management company.
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