Introducing the “Bangbow Platform,” a B2B e-commerce platform set to launch in March. After testing with SMEs for over a year, the platform aims to connect Thai entrepreneurs and agents nationwide utilizing hybrid marketing strategies, both online and offline.
The platform founders have confirmed no lifetime fees for entrepreneurs. Instead, they will charge a space rental fee for product placement on the platform, starting at 5 units for a monthly fee of 2,500 baht or an annual fee of 10,000 baht.
The Bangbow Platform operates as follows:
Firstly, businesses or entrepreneurs list their products on the platform for agents to purchase and resell within their local areas. The platform emphasizes customer engagement within their respective regions, utilizing a CRM system to track agent preferences, product needs, and concerns.
Currently, the target customer group includes restaurants and community shops within the agents’ areas of coverage. There are around 10 SMEs and over 20 agents onboard already, with aims to reach 50 entrepreneurs and 80 agents by 2025. The platform also endeavors to ensure agents earn a monthly income of no less than 5,000 baht and plans to expand to over 100 entrepreneurs in the next 3-5 years.
TLDR: Bangbow Platform, a B2B e-commerce platform, is gearing up for a March launch to connect Thai entrepreneurs and agents nationally, with a unique fee structure and ambitious growth plans in place.
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