Waves Online

Utilize free space of trucks
Startup name
Waves Online
Web address
Founding date
April 2017
Incorporation
Yes
Total team member
4
Startup stage
Prototype
Category
Software
Sector
Mobile, Transport & automotive
Product usage or interact
Mobile/Tablet (iOS), Mobile/Tablet (Android), Server software (ie, databases)
City
Jeddah, Makkah Province, SA

Elevator pitch

Concept to use free spaces of logistic trucks and giving logistic service in low price.
Thousands of daily logistic transaction in gulf. Through waves online customers will find their logic partner. Logistic Companies bids on customers requests and manage their daily schedule.
Customer find best prices and track their valuable items.

Team

Ehtisham Malik

I am software engineer having 8 year of experience. Worked on big companies system like Microsoft, Open Bravo and Oracle. Now working as project manager on ERP, Mobile Apps and Websites projects. I always believes on ideas and work hard to make them successful.

Business model

Target customer

Wholesalers, Shifting People , Logistic Co and Truck drivers

Customer acquisition strategy

Social Media, Offers and Packages, Meeting on meals

Revenue model

As waves Online is community application so it will charge for services given to logistic companies to find customers.
We panned to charge 25% to 30% from truck drivers or companies on all successful lead get through our platform.
Also waves online have feature of tracking trucks on maps. This feature can also sale standalone to companies and charge monthly basis.

Market info

Market size

$ 10,000,000

Competitors

Competition

Aramex and SMSA Express leading companies in Saudi Arabia in logistics.
Waves Online is platform where services providers will come to get more customers. Our concept is not run logistic company but we will become bridge between logistics companies and customers.

KPI's

  • 100,000 Subscribe users in year
  • 300 Daily transactions

Startup traction

Waves Online will cover gulf region. Hundreds thousands logistic trucks moving between different countries monthly.
We are estimating 300 to 400 daily deliveries requests ,1000 logistic trucks registration and
100000 subscribe members in one year.

Add comment

We are looking for good investor whom trust on our idea. We will put our full effort to make it successful in market. This idea will boost and we will make good place in market.

Publication date: 12 August 2017