THE FUTURE OF BUYING AND SELLING ONLINE

Lavell Virtual Stores: Fast Facts

Lavell Virtual Stores is a web-based software platform that allows anyone to create their own e-commerce business and connect it to any number of commissioned online sellers. Anyone with a product or service can list their inventory, without worrying about building an audience from scratch. Now anyone can create an online storefront, with or without their own inventory.

KEY HIGHLIGHTS

Removes the barrier to entry for small businesses in minutes
Platform easily connects business owners with online sellers
Owners can move product more rapidly
Socially driven marketplace
Platform is out of alpha testing

INDUSTRY

Advertising, Commerce and Shopping, Platforms, Sales and Marketing, Gig Economy, Sharing Economy, SAAS

MARKET SIZE

Ecommerce: $513.6 billion; Sharing Economy: Expected to reach $335 billion by 2025

TARGET CUSTOMER

Small businesses, brand influencers, anyone looking to buy or sell online

THE FUTURE OF BUYING AND SELLING ONLINE

Small businesses are held back online

The online marketplace is dominated by a few major players. There is a lack of robust solutions in the e-commerce space to leverage the sharing economy in a way that spurs business growth.

Small businesses are forced into three options:

Build their own platforms as well as solicit their own audience

Attempt to compete directly with the platform provider (Amazon, Alibaba, etc.) for attention

Sell out to large distributors for pennies on the dollar

Under these circumstances, it’s no wonder today’s entrepreneurs struggle to gain a foothold when competing against these giants.

THE FUTURE OF BUYING AND SELLING ONLINE

The online marketplace for every level

Lavell Virtual Stores is an online marketplace built around the sharing economy.

No longer does a small business owner need technical expertise to build an ecommerce online presence.

No longer does an owner have to battle for audience acquisition (ie Shopify)

Small businesses can grow rapidly on our platform by not only listing their products, but by paying commission fees to eager online sellers.
We’re connecting people to sell products more effectively than mainstream marketplaces, and without being undercut by large distributors.

THE FUTURE OF BUYING AND SELLING ONLINE

Key Features / How It Works

Lavell Virtual Stores uses a peer-to-peer e-commerce method, with affiliate marketing ideology, on top of a scalable inventory management backend.

The foundation of our e-commerce platform is what we call our Shared Inventory System, which instantly takes any listed item in an owner’s inventory and publicly publishes it to be sold by the owner or by commissioned sellers.

Sellers can craft their own virtual storefronts, combining items from owners’ inventories based on the likes and interests of their audience.

Social media integration allows sellers to connect their storefronts to their existing audiences and to leverage paid social media marketing. Simply connect and solicit.

Almost anything could be sold via Lavell Virtual Stores

(Not all catagories will be sold, only listed)

Goods

Services

Automotive

Bookings

Digital Content

Real-Estate

THE FUTURE OF BUYING AND SELLING ONLINE

Traction & Accomplishments

Nov 2017 - Research & Development - Lavell Virtual Store's core technology was proven, and the team members were brought on to develop the product.
Aug 2018 - ECXTech Inc. launches Regulation CF on StartEngine - ECXTech unveils its product in production and receives over 30+ early pre-seed stage investors.
March 2019 - Marketplace Foundation - Closed first funding round - Lavell Virtual Store's toolsets for its desktop/mobile applications and backend/servers were established.
Sept 2019 - Alpha - Lavell Virtual Store's alpha product was completed.

THE FUTURE OF BUYING AND SELLING ONLINE

Market Opportunity

ONLINE SHOPPING

The U.S. Department of Commerce estimates consumers spent $513.61 billion online in 2018, up 14.2% from 2017.
Total retail sales increased 4.1% to $3.63 trillion, according to its figures.
Today 96% of Americans shop online.

SMALL BUSINESSES

46% of small businesses in the US do not have an online presence but intend to change that in the next 2 years.

SHARING ECONOMY

Expected to reach $335 billion by 2025.