Zimbabwe - Business creation project
Individual
participation
Koupon
Our company, Koupon aims to revolutionise the way consumers in Zimbabwe shop by providing digital shopping coupons which can be inflation adjusted, we seek to promote economic activity while providing a hedge against inflation in the nation.
Documents
Koupon
Describe your project or startup in a few words
Our company, Koupon aims to revolutionise the way consumers in Zimbabwe shop by providing digital shopping coupons which can be inflation adjusted, we seek to promote economic activity while providing a hedge against inflation in the nation.
01.01 Describe your project in more detail
Koupon is an e commerce startup in the idea phase that seeks to provide coupons pertaining to products offered by various merchants in Zimbabwe, A coupon is a detachable ticket entitling the holder ownership of food, clothers or other goods payable to the issuer, making coupons an overlooked asset class in its own respect, by offering coupons for discounts and cash equivalent vouchers which are inflation adjusted, we seek to promote spending and boost economic activity while doing so. Here we plan to reach out to merchants to offer up promotions on their products to boost sales offering them to local citizens allowing them the ability to purchase in the new ZIG currency promoting its use win win, and as the app gains popularity giving it demand and confidence among consumers. We plan to utilise cash backs on cuts from affiliate marketing fees to encourage the consumers to spend. We also seek to sell event tickets & fractional ownership coupons to empower investors of all magnitudes
01.02 What is the main problem you are trying to solve?
Economic Uncertainity - By offering an inflation adjusted bonds such as coupons we are able to allow people to have a peace of mind with their money when it comes to shopping for goods and services Digital Deficit - Marketing fees lost to google ads & youtube ads etc can be saved with the implementation and popularisation of Koupon Boosting Economic Activity - Our starup will boost sales for merchants and promote business activity for small scale merchants in various industries by targeted advertising in app, we will also be boosting economic activity by investment exploits in our fractional ownership and crowd funding feature in which investors receive returns in proportion to their investment as well as contributing to the economy through investment exploits.
01.03 Tell us the major benefits and/or advantages of using the product/service that your project intends to provide (at least 3).
Benefits of using Koupon include Convenience of having promotions from various merchants in one app Saving on expenses Peace of mind in economic uncertainty Cash backs and rewards from spending Being made aware of products services events that could benefit me via targeted ads The ability to invest fractionally into projects of various magnitudes with small sums giving me streams of income
01.04 Please describe who exactly your project is aimed at serving. Who are the targeted beneficiaries?
Urban tech savvy consumers in Zimbabwe Individuals seeking a hedge against inflation Individuals seeking to save money on shopping
01.05 When did you start working on your project?
2023-01-01
01.06 How many other partners are associated with your business venture?
3
01.07 Among the other partners, how many are female?
0
01.08 Please describe the profile of each of the other partners (skills, experience, etc.)
Bekiumuzi Dube (CEO & Founder) - He is a self taught securities analyst specialising in global securities from stocks, etfs, bonds commodities publishing hes works on a public domain. With hes real world experience from exposure to private and public equities he has gained an innovative touch and problem solving capacity he will be serving as CEO and COO Ngonidzaishe Mazhou - He is a supply chain management student at the university of Zimbabwe and is set to graduate by June 2024, hes role is to formulate supply chain strategies which will work with potential clients he also shares the responsibility of securing clients with the CEO Selby Chibvongodze - He is a marketing student at the University of Zimbabwe in hes 3rd year he has the shared responsibility with the CEO to formulate marketing fees and coupon discounts that agree with merchants interests he is also responsible for marketing our company to stakeholders
01.09 If you have a website, a social media page (Facebook, Instagram, Linkedin…), or app, please provide the link here:
Not answered01.10 Which industry best describes your project?
h) IT (digital services, equipment and software)
02.01.01 My project contributes to the No poverty goal
6
02.01.02 No poverty - Justification
- Koupons inflation-adjusted coupons and cash vouchers help low-income individuals and families access essential products and services at discounted rates, reducing the burden of poverty. - By making basic necessities more affordable, Koupon enables low income households to allocate resources more effectively, reducing poverty and economic vulnerability. - Koupons services also promote financial inclusion, as users can access discounts and cash vouchers through mobile devices, increasing access to financial services for underserved populations.
02.02.01 My project contributes to the Zero hunger goal
3
02.02.02 Zero hunger - Justification
Not answered02.03.01 My project contributes to the Good health and well-being goal
6
02.03.02 Good health and well-being - Justification
-A hedge against inflation offered by Koupon can relieve people from economic stresses that affect their mental health which affects their overall health in turn allowing them to be more relaxed and optimistic about the future state of the nation - Koupons services make healthcare services and products more affordable for low-income individuals and families, increasing access to essential health services. - By partnering with healthcare providers, Koupon promotes preventive care and early treatment, reducing the burden of diseases and improving overall well-being. - Koupons platform also raises awareness about health and wellness, encouraging users to prioritize their health and seek medical attention when needed.
02.04.01 My project contributes to the Quality education goal
3
02.04.02 Quality education - Justification
Not answered02.05.01 My project contributes to the Gender equality goal
1 - Strongly Disagree
02.05.02 Gender equality - Justification
Not answered02.06.01 My project contributes to the Clean water and sanitation goal
1 - Strongly Disagree
02.06.02 Clean water and sanitation - Justification
Not answered02.07.01 My project contributes to the Affordable and clean energy goal
3
02.07.02 Affordable and clean energy - Justification
Not answered02.08.01 My project contributes to the Decent work and economic growth
7 - Strongly Agree
02.08.02 Decent work and economic growth - Justification
- By partnering with local businesses, Koupon promotes economic growth and job creation in Zimbabwe. - Koupons platform encourages entrepreneurship and support SME's, which are critical to Zimbabwe's economic development. - By driving sales and revenue for partner businesses, Koupon helps create decent work opportunities and stimulates economic growth, contributing to Zimbabwe's economic stability and development.
02.09.01 My project contributes to the Industry innovation and infrastructure
7 - Strongly Agree
02.09.02 Industry innovation and infrastructure - Justification
-Koupons digital platform and business model demonstrate innovation in the e-commerce and retail sectors. -By partnering with local businesses and supporting entrepreneurship, Koupon contributes to the growth and development of industries in Zimbabwe oupon's platform helps develop the country's digital infrastructure and promotes access to financial services, aligning with the targets of SDG 9.
02.10.01 My project contributes to the Reduced inequalities goal
1 - Strongly Disagree
02.10.02 Reduced inequalities - Justification
Not answered02.11.01 My project contributes to the Sustainable cities and communities goal
3
02.11.02 Sustainable cities and communities - Justification
Not answered02.12.01 My project contributes to the Responsible consumption and production goal
4
02.12.02 Responsible consumption and production - Justification
Not answered02.13.01 My project contributes to the Climate action goal
1 - Strongly Disagree
02.13.02 Climate action - Justification
Not answered02.14.01 My project contributes to the Life below water goal
1 - Strongly Disagree
02.14.02 Life below water - Justification
Not answered02.15.01 My project contributes to the Life on land goal
3
02.15.02 Life on land - Justification
Not answered02.16.01 My project contributes to the Peace justice and strong institutions goal
2
02.16.02 Peace justice and strong institutions - Justification
Not answered02.17.01 My project contributes to the Partnerships for the goal
2
02.17.02 Partnerships for the goal - Justification
Not answered05.01 There are a large number of customers who already use a product/service very similar to the product/service we envision creating.
3
05.02 The product/service we envision creating represents an entirely new type of product/service.
5
05.03 The product/service we envision creating could be described as a new technology.
4
05.04 The product/service we envision creating is an improvement on an existing product or service.
6
05.05 The product/service we envision creating could be described as an extension of a range of products or services.
5
05.06 The product/service we envision creating responds to a demand or need that has not been satisfied by other products/services.
7 - Strongly Agree
05.07 The product/service we envision creating is a new version of an old product/service.
4
05.08 Justification
-Koupon improves upon existing coupon and voucher systems by offering a digital, inclusive, and targeted solutions.
05.09 Who are your main potential competitors and what makes you stand out from them?
Tisitano e commerce platform we will partner with local retailers we will partner with local service providers we will offer discounts, coupons on local goods and services we will promote usage of Zig we are implementing innovative systems
10.06 Are you initiating actions within your community to promote the role of female entrepreneurs?
no
Comments