About
WHAT – Yelp with Gaming and Rewards LDLocal is a reimagined mobile search app that enables small businesses to launch powerful promotions within minutes with integrated gaming, savings and loyalty points. OPPORTUNITY – Wide Open Market Extend LuckyDiem’s successful enterprise-level marketing platform to small and medium size businesses (SMBs). The local search industry is still in its infancy. Less than 3% of merchants spend marketing dollars online, while 85% of consumers find a local business online. Nearly 4 out 5 local searches end in a purchase. (BIA/Kelsey, Nielsen, 2014) PRODUCT / MARKET FIT – Low Price; Low CAC We’ve developed a disruptive business model that leverages the proven viralness of our platform. As a result, we can cost-effectively grow our user-base while reducing customer acquisition costs by 90% which in turn enables us to sell our more comprehensive product at a significantly lower price point than industry leader, Yelp.