FLUZ FLUZ
Fluz Fluz management team is made up of digital commerce experts and serial entrepreneurs. Fluz Fluz board advisors have strong track record in digital business, retail and blockchain.
Fluz Fluz business model is ideally positioned to benefit from blockchain technology.
Currently, the model is up and running in an offchain environment, but will switch gradually to the blockchain technology in order to sustain the scale-up to a global consumer cash-back network based on digital gift cards
Recognize that, blockchain is an evolving technology and that the current eco-system of traditional third party merchants and consumers will only allow us to implement a transformative vision of the rewards industry in a step-by-step approach.
Therefore, in this ICO Fluz Fluz limits itself to offer a transparent and compelling case for premier seats in our global consumer network powered by blockchain based token trading.
There are 3 ways of looking at the potential market:
A. Digital gift card market
There is great potential in the digital gift card market. Reliable numbers are scarce but in the United States, “The total gift card market is an estimated $307 billion”. The potential for the entire gift card market by 2024 is $698.2 billion USD. In North America, about 23% of all mobile commerce is gift card sales, and if we assume that percentage holds true for United States, almost $46 billion is the market for electronic. Gift Cards. According to First Data, the global leader in payment technology and services solutions which acquired Gyft, estimated in 2014, that virtual and mobile cards are near $100 billion in U.S. gift card market. In Latin America, only 3% of its online commerce is paid by gift cards, showing potential for growth.”
The Network Marketing market
B. The Network Marketing market: The Network Marketing and Direct Sales profession hit a new record in 2013 with $178 BILLION in global sales. That’s up from $167 Billion in 2012. Network Marketing is a BIG business!
Roughly $71 Billion (40% of the $178 Billion), was paid directly to distributors via commissions. That’s $6 billion a month, or $200 million a day!
WFDSA (World Federation of Direct Selling Associations) reports the sales volume generated in 2015 by its member countries as $184 billion and the number of individual direct sellers as 103 million. The number of direct sellers does not include those in China as this country’s figures were not reported. The sales volume in 2015 represents a 7.7% growth from the previous year in constant Dollars.
Amway’s 2015 global sales was $9.5 billion, representing a 12% decline as compared to the previous year.
As of end-2015, Amway was followed by Avon ($6.2 billion), Herbalife ($4.5 billion), Vorwerk ($4 billion), Infinitus ($3.9 billion), Mary Kay ($3.7 billion), Perfect ($3.6 billion), Natura ($2.4 billion), Tupperware ($2.3 billion), and Nu Skin ($2.3 billion). Avon’s figure here does not include Avon North America’s (a.k.a. “New Avon”) figure as this unit was sold to form an entity outside Avon. New Avon’s 2015 revenue was $1 billion.
The projected member growth curve follows a typical exponential curve, where after a while with the business model entrenching into the shopping culture, the virality of the model kicks in fully.
C. Household Consumption
Global household consumption exceeds USD 45 trillion. Step by step and country by country Fluz Fluz is aiming at a piece of this amount. The United States, our next target consumer market currently averages >13 trillion in yearly household consumption currently. Household Consumption reached USD 177bn in 2016 in Colombia. We have chosen to test Fluz Fluz in Colombia first, because of the country’s stable economy and large development opportunities. Culturally, it has a history of companies engaging in multi-level and direct selling growth strategies, which are both similar and different to the Fluz Fluz model. Fluz Fluz is an ideal fit because it resembles loyalty programs and retail shopping models that Colombians are already comfortable with. In 2017 Fluz Fluz has seen great consumer traction in Colombia and is now ready to enter the US consumer market.
The key reasons why retailers are attracted to the Fluz Fluz model and acknowledge the WIN-WIN situation are:
Fluz Fluz generates recurrent revenue for the retailers on a lower cost basis compared to other online sales channels (compare with high discount Groupon type models).
Fluz Fluz attracts new customers to retailers showcased on the Fluz Fluz site.
The incentive cost for the channel from the retailer’s perspective is wrapped up in Fluz points and not as face value discounts which preserves the retailer’s brand image.
Fluz Fluz works as an outsourced loyalty program for many retailers.
How does Fluz Fluz Grow
Fluz Fluz offers two forms of Fluzzer on boarding:
- Through direct invitation into a specific network either via email or personal reference code. This is the classic form for Fluzzers to organically grow their network of friends and close social circle by being able to control who is invited into their particular network.
- Fluzzers who do not disable the function of auto network-fill can benefit from the automatic horizontal network fill mechanism. Unrelated and uninvited Fluzzer candidates can just download the Fluz app and are then automatically allocated into the next available seat in the overall network. The auto-fill works with a horizontal priority (opposed to a vertical fill), guaranteeing a smooth growth and extension of the network, without favouring particular parts of the network over the other. This is particularly interesting for early Tokenholders who will directly benefit from this mechanism.
MORE INFORMATION VISIT FLUZ FLUZ
Official Website: http://ico.fluzfluz.com/
Official Facebook Page: https://www.facebook.com/fluzfluzglobal
Official Twitter: https://twitter.com/FluzFluzGlobal
Official Telegram: https://t.me/fluzfluzico
Authorized By:
Bitcointalk Username: bright4mech
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=1298523
ETH wallet address: 0x6707A43E7c34E560828f2785Eb01A4b1327877C0