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Information about Swarm

Published on December 4, 2008

Author: mcerda99

Source: slideshare.net


This was one of about 12 ideas I worked on this Fall.

swarm Local deals on your phone swarm is local deals on your phone.

swarm Local deals, on your phone Everyone loves a good deal Let’s face it, everyone loves a deal.

swarm Local deals, on your phone Remnant inventory = lost revenue And remnant inventory of any kind (food, clothing, movies, concerts) = lost revenue to the merchant.

swarm Local deals, on your phone A location based mobile application swarm begins with a location based mobile application (and mobile web service). Remnant inventory is broadcast to the service in a given regional locale. There is time and location sensitivity associated with each transaction.

swarm Local deals, on your phone Deals posted by merchants Merchants post deals to a website, or ideally automate with a feed based system which talks to their inventory levels.

swarm Local deals, on your phone Biz model = Paid listings and % of sales The business model will focus on paid listings, a % of transactions, and eventually a premium application.

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