Photo - Withinmile
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Withinmile

an innovative local advertising and information portal

USA, California
Market: Internet and IT
Stage of the project: Operating business

Date of last change: 29.07.2020
Min investment
$  500.000
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Total required
$ 1.000.000
Rating
equalizer из 1000
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Idea

This system rents a website that is attached to an address to individuals whoever plans to do business and advertise locally.
This system offers a function that allows a website assigned to one address reusable by several other users over time and by so, providing information and data accumulated on the same address-website to different users over time.
Therefore, this system eliminates the need for users to create individual websites for local advertising, and by interlinking all these websites it provides people a portal website that offer a variety of local information.

Current Status

Currently, about 20,000 members in the United States and India are joining and using it.

Market

For example, if a person started a store to do business in some place, for that store, all the necessary actions: advertise, hire an employee, sell or buy something, or Any act of selling or renting the store again can be done through our system.

Moreover, ordinary people can get information about the area covering the past and present through our system.

In other words, with all the information about the region, people can perform all the functions necessary for daily life.

It is a portal for advertising and local information for all humanity, regardless of age, gender and nationality.

Problem or Opportunity

Our system seeks a portal that rents websites attached to addresses, links these websites together, advertises locally using these links, and also provides information about the region.

Solution (product or service)

Until now, websites had to be created individually for use because they had their own specific internet address, just like a real address.

However, this system rents a website that is attached to an address to individuals whoever plans to do business and advertise locally.
This system offers a function that allows a website assigned to one address reusable by several other users over time and by so, providing information and data accumulated on the same address-website to different users over time.
Therefore, this system eliminates the need for users to create individual websites for local advertising, and by interlinking all these websites it provides people a portal website that offer a variety of local information.
And, we have a patent for this.

Patent URL: https://pdfpiw.uspto.gov/.piw?PageNum=0&docid=10523587&IDKey=AB4FA1BE7CEB%0D%0A&HomeUrl=http%3A%2F%2Fpatft.uspto.gov%2Fnetahtml%2FPTO%2Fpatimg.htm

Also, if you look at the link directly below, you will see how our system works.


Competitors

Local information / data providers such as Google My Business,

Internet e-commerce websites such as ebay,

Job / Employment search system such as monster.com,

Online real estate information providers such as Zillow

Advantages or differentiators

In the case of a service that provides information about a place such as Google My Business, if ownership of a place changes and a new person comes to the place, the information accumulated by people who were in the place in the past disappears.
However, this system offers a function that allows a website assigned to one address reusable by several other users over time and by so, providing information and data accumulated on the same address-website to different users over time.
And we also have patents for these features.
Patent URL: https://pdfpiw.uspto.gov/.piw?PageNum=0&docid=10523587&IDKey=AB4FA1BE7CEB%0D%0A&HomeUrl=http%3A%2F%2Fpatft.uspto.gov%2Fnetahtml%2FPTO%2Fpatimg.htm

Also, for businesses where past information about the address is very important, such as Google My Business and Zillow.com, I think it's hard to gain an edge over similar companies that provide information about the past.

Therefore, more than 60% of search engine traffic is known to be about local information, so companies that provide special services for local information, such as Withinmile, can handle much more traffic than Google's current internet traffic for local information.

Platforms such as Facebook, which exchange personal information in a simple way in an internet space, regardless of a specific region, and Instagram, which provide random images regardless of a specific region, are among the many features that Withinmile can provide. It is only a part.

If you come in and surf our system now, you'll know.

Therefore, I think that anyone who is looking for an internet platform that can outperform Google will have no choice but to be interested in our system.

Finance

The expected revenue model is that if members post online content, they will be charged for it, so the revenue from the next three to five years is still in flux.

Business model

What our system intends to provide is ultimately to provide all the information relevant to the region and to provide all the services people need for their daily lives.
Therefore, using such a system, we plan to charge when people upload information, and also act as an advertising board to post general advertisements, and plan to make money through this.

Money will be spent on

Research & Development :
Marketing:
Salaries:

Offer for investor

I would like to follow the general rules of the industry, but I want to make a flexible decision according to the terms of the investment.

Team or Management

Risks

Anyone could provide a website attached to an address and provide services like ours, but ultimately, they can't respond with what happens when ownership of the address changes, so ultimately It will not be a service that surpasses our system.

Incubation/Acceleration programs accomplishment

I have never joined an incubation and acceleration program.

Won the competition and other awards

I have no such experience.

Invention/Patent

Patent URL:

https://pdfpiw.uspto.gov/.piw?PageNum=0&docid=10523587&IDKey=AB4FA1BE7CEB%0D%0A&HomeUrl=http%3A%2F%2Fpatft.uspto.gov%2Fnetahtml%2FPTO%2Fpatimg.htm
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video