ResolveCommerce
Startup Idea: A platform that provides mediation services for ecommerce businesses and customers to resolve disputes before chargebacks are initiated
Pain point: People facing customer-initiated chargebacks without any prior communication or attempt to resolve the issue directly
- Categories
- Ecommerce Ecommerce Dispute Resolution Mediation Customer Service Crm
- Idea Generated From
- Reddit Post: Customer initiated chargeback via shopify
- Potential Monthly Revenue
- $25000
Business Plan:
Business Idea:
Our platform offers mediation services for ecommerce businesses and customers, helping them resolve disputes before chargebacks are initiated. By providing a neutral and effective space for negotiation, we aim to decrease the number of chargebacks, enhance customer satisfaction, and save businesses time and resources.
Target Market:
Our target market includes small to medium-sized ecommerce businesses that frequently encounter customer disputes leading to chargebacks. These businesses may not have the resources or expertise to effectively handle these situations on their own. Additionally, we cater to individual customers who face issues with their online purchases and seek fair resolutions.
Revenue Streams:
- Subscription Fees: Ecommerce businesses can subscribe to our platform for a monthly fee, based on their transaction volume and level of service required.
- Mediation Fees: Customers and businesses engaging in dispute resolution will pay a fee for each mediation session conducted by our trained mediators.
- Premium Services: We will offer premium services such as expedited dispute resolution and dedicated account managers for an additional fee.
- Partner Referral Program: Partnering with ecommerce platforms and payment processors to refer their users to our platform for dispute resolution, in exchange for a referral fee.
Marketing Strategy:
- Digital Marketing: Utilize targeted online ads, social media campaigns, and search engine optimization to reach our target market.
- Partnerships: Collaborate with ecommerce platforms, payment processors, and industry associations to offer our services to their users.
- Content Marketing: Provide educational content on dispute resolution best practices, case studies, and success stories to establish credibility and attract customers.
Financial Projections:
- Monthly Subscription Fee per Business: $100 - $500
- Mediation Fee per Session: $50 - $200
- Number of Subscribed Businesses: 50 in the first month
- Number of Mediation Sessions: 100 in the first month
Cost Structure:
- Technology Development: Hiring developers to build and maintain the platform.
- Mediator Training: Investing in training mediators to handle disputes effectively.
- Marketing and Sales: Allocating budget for marketing campaigns and sales efforts.
Estimated Monthly Revenue Calculation:
- Subscription Fees: 50 businesses x $300 (average monthly fee) = $15,000
- Mediation Fees: 100 sessions x $100 (average fee per session) = $10,000
- Total Estimated Monthly Revenue: $25,000
Conclusion:
Our platform offers a unique solution to a common problem faced by ecommerce businesses and customers. By providing a fair and efficient mediation service, we aim to reduce chargeback cases, improve customer satisfaction, and generate revenue through subscription and mediation fees.
Estimated MRR: $25,000