2. Overview
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Ringent.com is an online marketplace for businesses
and consumers. We help businesses and brands sell
their goods and services online.
Ringent.com is a generic, dictionary-word, top-level
domain name. Location, location, location.
Founded: website was created on 2/12/2013.
Company Stage: minimum viable product / product
ready
Previous Capital: $0
Pre-money Valuation: $2,000,000
Capital Seeking: $400,000

3. What
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Ringent.com is a platform where a) sellers offer
online tasks, products, and services; b) buyers
find online products and services; and c) a
marketplace to discover products, services,
online stores, educational programs, and local
deals.

4. Why
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We decided to create the type of company that
we always wanted to work for.
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We believe in using the power of business to
impact the world in a positive way.
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We will succeed because we aim for the net
profit, not gross revenue.

5. How - Milestones
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Visit – http://Ringent.com
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The URL speaks for itself.
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Visit - http://vimeo.com/81570378
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Next milestone for seed funding: 1) marketing
(gather users), 2) hire a web developer, and 3)
continue to add contents to the website.

6. Problems
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Merchants need new customers.
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Commission fees of local deals are too high for local
business owners.
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Merchants have little control over their local deals.
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People need work.
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People need work done.
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Small businesses lack web presence.
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People have become ad blind.
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Users are digital bargain hunters.

7. Solutions
Ringent.com is an easy way for businesses and
consumers to find services, products, online stores,
educational programs, and local deals that they
need, all in one place.
 We offer commission-fee local deals and give more
autonomy in setting merchant’s local deals.
 Ringent.com is helpful to many people who want or
need extra income.
 We offer engaging advertisements and great deals
on products.
 We are a place for bargain hunters. Our strategy is to
save money, effort, and time for our shoppers.
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8. Unfair Advantages
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We aim to diversify our income streams.
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We have “switching costs” for local deals.
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We do not restrict the communication between
sellers and buyers.
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We search for thousands of deep discounted
items for our shoppers.
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We display thousands of online stores with
different categories to provide our shoppers with
the most relevant search.
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We offer affordable advertising.

9. Target Market
 The market for freelancers’ earnings is
reaching $1 billion in 2013 according to
Forbes.
E-commerce spending in the United States
hits approximately $262 billion in 2013
according to a new project from Forrester
Research Inc.
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The Business of local deals is a multi-billion
dollar global industry
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10. Competition
Competitors: Groupon.com, Fiverr.com,
Elance.com, Google Shopping, Lyst.com,
Become.com, Thefind.com, and
Craiglist.com.
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11. Revenue Model
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Membership or subscription fee
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Advertising or affiliate fee

12. The Team
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Chris M. – CEO / Founder
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Mike T. – CTO / Co-founder

13. The Critical Path