Introduction
We're excited to introduce a transformative vision for eCommerce and digital marketing with the goal to disrupt the drop-shipping vertical and create a new category called "On-Demand Ecommerce." This innovation is structured around a three-pronged approach, addressing the challenges faced by entrepreneurs, small business owners, brands and manufacturers alike.
Our vision includes a tech stack that includes Launch Cart and eCommerce SaaS platform, the Source & Sell Marketplace a B2B product sourcing marketplace and banking as a service with a split payment merchant account payment solution.
Our three-pronged approach is designed to provide a comprehensive and streamlined solution. At the core of our platform, we offer an eCommerce-enabled website builder (Launch Cart eCom) empowering users to create online stores and find products to sell on a drop ship, on-demand, basis utilizing print on demand, and manufacture on demand providers.
Seamlessly integrated into this system is Launch Cart CRM, our essential customer relationship management system and digital marketing tools, including email marketing, SMS text message marketing, reputation management, sales and pipeline management, membership site creation, blogging, funnels and split testing and calendar scheduling. This enables businesses to effectively manage and engage with their customers and build lasting relationships that may increase the lifetime value of the customer.
In addition to a user-friendly interface and powerful digital marketing tools, our platform is planned to include a robust product sourcing marketplace, the Source & Sell Marketplace™. This is where sellers can effortlessly find the right products “on-demand” to sell from their store as an affiliate and earn commissions on every sale. This model is designed to eliminate the need to invest in inventory, deal with warehousing, supply side management or handle the pick pack and fulfillment of products sold from their website.
But most importantly with our planned fintech component and cutting-edge “Banking as a Service” features that includes a split payment merchant payment system we eliminate the burden for online sellers to pay for cost of goods, deal with tax collection and payments to various city and state governments while offering typical banking services to our customers.
By combining these elements, we aim to offer an unparalleled level of efficiency and convenience, alleviating the challenges that have traditionally hindered success in the competitive online market and specifically the drop shipping vertical.
With "On-Demand Ecommerce," we can not only transform the way businesses thrive in the digital world, but also set new industry standards.
Embrace this revolutionary solution and join us in shaping the future of eCommerce and digital marketing, making success more accessible and achievable for every aspiring entrepreneur. Together, let's embark on a journey towards a simpler, more effective, and prosperous online business landscape.
Watch this video from our Chairman:
Success To Date
- 46,138 stores have been built on the platform since the launch of our MVP
- $1,029,713 gross dollar volume of sales on the platform
- Officially launched SaaS on Feb. 2nd, 2022
- Launched our “Agency Certification Program” in June 2022 and have onboarded 63 agencies
- Multiple “eCommerce Influencers” endorsements and over twenty-nine 5 star reviews on Google See:
– Is Launch Cart Better Than Shopify For Print On Demand Sellers?
– Launch Cart Review + Tutorial for Print On Demand Sellers
– How To Build A Print On Demand Online Store with Launch Cart - w/ Greg Writer
– Onstage Shoutout For Launch Cart
– Josh Marsden Endorsement of Launch Cart
– Launch Cart Testimonies Playlist
Problem
In the world of eCommerce and digital marketing entrepreneurs and small business owners face a myriad of challenges that can make the path to success feel like an uphill battle.
At Launch Cart, we understand the pain points entrepreneurs encounter when building an online business, and we're here to provide solutions that simplify the process, dramatically lowering the barrier of entry and may maximize the profits for every seller.
Traditional eCommerce platforms, such as Shopify, WooCommerce, and Big Commerce, require significant time and financial investment to access what we call “must have” features that we believe are critical for success. These "must-have" features that other platforms charge extra money for include features like; collecting customer reviews, a checkout page editor to increase trust, the ability to create promotional bars to make announcements, name acquisition forms to build prospect lists, order bumps and upsell technology to increase average order value are all included in the core functionality of Launch Cart.
Moreover, piecing together the necessary tools for building a thriving online business becomes a complex puzzle. Entrepreneurs often find themselves juggling multiple platforms for email marketing, SMS text messaging, reputation management, social media marketing, membership sites, eCommerce, calendar scheduling, landing pages, funnels, workflows, and triggers.
Each of these tech platforms comes with its own cost and integrating them efficiently with each other can be overwhelming for those with limited technical expertise. But the challenges don't end there. Once the tech stack is in place, entrepreneurs must tackle the daunting task of sourcing products and ensuring smooth order fulfillment. This step alone can be a significant deterrent to entering the eCommerce space. Inventory costs, supply side management, warehousing and accounting all pay a role that inevitably cuts into profits. We believe we have the vision for a better solution.
Solution
With Launch Cart, all this functionality is beautifully integrated and instantly available to all online sellers. Launch Cart offers an all in one solution for eCommerce, customer relationship management and digital marketing tools.
At Launch Cart™, we aim to empower entrepreneurs by offering an all-in-one solution that eliminates the hassle and simplifies the journey to eCommerce and digital marketing success. Our user-friendly platform is designed to provide the essential tools and features they need, saving time and money while increasing your revenue and profit potential. Say goodbye to the complexities and hello to a seamless on-demand eCommerce.
Our integrated Source & Sell Marketplace™ can allow product sourcing & fulfillment “On-Demand”, eliminating inventory costs and supply chain challenges for sellers. Our Banking as a Service, split payment features can ensure goods are automatically paid for at the point of purchase, eliminating the financial and accounting burdens of paying for inventory for every transaction.
Business Model
Our business model consists of 3 primary income streams:
- The first is the typical Software As A Service (SaaS) model with plans starting as low as $27.00 per month and going to as high as $497 per month. In addition we do offer a FREEmium plan to lower the barrier of entry for newbies and take 6% of gross sales.
- The second primary income stream is planned to be from selling training and certification programs, digital content with no cost of goods. Management plans to focus on these digital products as products we can offer in our online customer acquisition strategy and literally make money acquiring customers for our SaaS plans.
- Our third revenue stream is planned to start when we launch the Source & Sell Marketplace™ where we plan to charge transaction fees on all sales generated from products sourced from the marketplace. Management believes these transaction fees may vary from 3%-15% on wholesale cost of goods.
Market
The global eCommerce growth rate for 2022 was forecast at 12.2%, bringing global eCommerce sales worldwide to $5.542 trillion. This represents a deceleration from 2020’s growth rate of 26.4%, which was also the largest year-over-year increase and can be attributed to the coronavirus pandemic. eCommerce sales growth worldwide is expected at 11% in 2023, a 1.2% point dip from 2022. This may fall to 10% in 2024 and further to 9.2% in 2025.
Despite the falling growth rates, the eCommerce share of retail sales is expected to increase. In 2022, this figure is forecast to 20.3% and may increase to 23.6% by 2025. Recent eCommerce sales growth statistics analyzing increase rates in the largest eCommerce markets show that the online shopping trend is expected to grow 50% in the US in the next few years.
eCommerce sales are forecast to increase by 50% from $907.9 billion in 2022 to $1.4 trillion in 2025.
Press
- U.S. Business News
Launch Cart Announces the Launch of Launch Academy - AP News
Launch Cart CRM Sets a New Standard for Small Business Success - Digital Journal
Master P's Tech Company Launches An AI Product Description Tool for Sellers - NTD
Launch Cart Takes on Shopify - Yahoo! Finance
Percy ‘Master P’ Miller Appointed Chairman of The Board for Launch Cart, Inc
Team
Use of Proceeds
If the offering's maximum amount of $1,225,000 is raised:
Use | Value | % of Proceeds |
---|---|---|
Mngt Compensation | $300,000 | 24.5% |
Short Term Debt | $400,000 | 32.7% |
Paid Media Marketing | $340,000 | 27.8% |
Expense Software Developmentame | $124,975 | 10.2% |
Intermediary fees | $60,025 | 4.9% |
Terms
This number includes all funds raised by the Company in this round on Netcapital. This is an offering of Common Stock, under registration exemption 4(a)(6), in Launch Cart, Inc.. This offering must reach its target of at least $10,000 by its offering deadline of March 15, 2024 at 11:59pm ET. If this offering does not reach its target by the offering deadline, then your money will be refunded.
If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:
Financials
These financial statements have been reviewed by an independent Certified Public Accountant.
SEC Filings
The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.
We’re also required to share links to each of the SEC filings related to this offering with investors.
Understand the Risks
Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.
Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.
The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
More Info
Updates
- Jan 10, 2025Att" Shareholders You are invite. EVENT:...
- Dec 13, 2024Att: Launch Cart Shareholders Frien dly...
- Nov 1, 2024Att: Shareholders - Here's your friendly...
- Oct 18, 2024Att: Launch Cart Shareholders. Today is your...
- Oct 5, 2024Here's the replay link to Launch Cart...
- Jul 26, 2024Greg Writer here. Here's your friendly...
- Jul 12, 2024You're Invited: EVENT: Launch Cart C-Suite...
- Jun 14, 2024EVENT: Launch Cart Shareholders Call DATE:...
- May 3, 2024Launch Cart Shareholder Call Reminder - Starts...
- Apr 19, 2024Launch Cart Shareholder Call Reminder - Starts...
- Apr 16, 2024Launch Cart Shareholders—Please click this link...
- Mar 16, 2024THANK YOU! Our offering is officially closed,...
- Mar 16, 2024Primary offering finalized, sellingshares
- Mar 15, 2024**LAST CALL: 10 Hours Left! ** **This is it**...
- Mar 14, 2024**LAST CALL: 24 Hours Left! ** **This is it**...
- Mar 14, 2024### Launch Cart's New CMO: Just "Results"...
- Mar 12, 2024##
- Mar 6, 2024# Covalent Media Systems and Launch Cart...
- Feb 15, 2024# Zapier Integration with Launch Cart...
- Jan 31, 2024# Discover the Power of Launch Cart...
- Jan 30, 2024**LIVE Show & Tell Of The New Source & Sell...
- Jan 29, 2024# 2024 Compilation of Real, Unbiased User...
- Jan 20, 2024**Exciting News!**
- Jan 13, 2024Launch Cart Offering Extended Until March 15,...
- Jan 3, 2024# Making History Supporting Nonprofits! In an...
- Dec 30, 2023**A Heartfelt Thank You to Jeff...
- Dec 27, 2023# Launch Cart Investment Opportunity &...
- Dec 24, 2023As the year comes to an end, I am filled with...
- Dec 18, 2023## Launch Cart & Legendary Backboards Unveil...
- Dec 5, 2023# We Just Broke Through 50,000 Stores On Launch...
- Dec 4, 2023# Meet Me In Austin, Texas! I wanted to send a...
- Dec 2, 2023# LIVE STREAM ANNOUNCEMENT **Please join Greg...
- Nov 30, 2023FOR IMMEDIATE RELEASE # Launch Cart, Inc....
- Nov 29, 2023# Launch Cart Announces Free Lifetime...
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