Photo - FLOQ - New Generation Digital Supply & Retail Chain SAAS
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FLOQ - New Generation Digital Supply & Retail Chain SAAS

USA, Illinois
Market: Logistics and warehouses, Food industry, Trade, Services, Financial services
Stage of the project: Prototype or product is ready

Date of last change: 29.06.2022
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Idea

Everyone is focused on selling very fast. But how much longer can Supply chain and FMCG can handle it?
We are New Generation Digital Supply & Retail Chain Management Platform between Turkey to World.

Current Status

We reached more than 100 customers on the first attempt. Are goal reach min 1000 customers in the first 12 months in Turkey. After that our main goal reaches 50.000 businesses in each one of country. ( Turkey, USA, Israel, Italy, Germany, France, Spain, Dubai, )

Problem or Opportunity

While the supply chain and FMCG industry had problems in both production and logistics after covid, the digitalizing trend also accelerated sales. FLOQ offers standardization to purchasing processes and process management that connects end-to-end manufacturers and buyers.

Solution (product or service)

FLOQ lists all the products of the manufacturers and all the details they have. All uploaded certificates and other documents are checked. Thus, manufacturers ( like non-registered or illegal ones ) are eliminated.

FLOQ performs quality controls. We are able to reduce the initial purchase process, which takes an average of 9 months, to 15 minutes, with our more than 18 search and filtering features in only one format before the buyer.
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Business model

FLOQ is a closed purchasing and process management marketplace. In other words, no company that has not been registered with official documents can access the data.

In the first place, companies can start with a basic account for free registration.

We have packages that they can upgrade to get more information or services.

Thus, while the global churn rate is 40% and above in other SAAS platforms, we plan to keep it between 3-9% at the most.

In addition, our in-platform Ad revenues
Export support package and commissions
and we have monthly membership fees.

Team or Management

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