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Business Model
- Suppliers
- Buyers
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Payment
- 0.50 cents from each side (just Buyer with LCB deals)
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Value Proposition
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Security
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Certainty: KYC regulatoins ensure that you are always dealing with the real thing
- Publicise KYC info and process
- Transactions are anonymous
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Transparent procedures and process
- Contracts and financials direct to suppliers
- Trade completion assistance at no extra cost
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Liquidity
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Access to more than 300 Mn and Cr ores cleared buyers
- Deals from 500 Mt to 30,000
- Access to short and long term contracts, spot deals and distressed cargo in Ports throughout the world
- Real offers, real sellers, real time.
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Timely information
- always up to date
- Important in less liquid markets like Cr and Mn
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Technology
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Trading platform
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Elisium Systems
- WTG Branded
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Data?
- Major producers share prices
- Major indices
- Baltic Freight
- Gold
- Currencies
- Historical data for Cr, Mn, Fe, FeCr, FeMn etc.
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Advertising space?
- This might be a problem simply becasue it should be a closed system
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News streams?
- we should do the price thing well... anything should be pertinant to trading Cr and Mn only. It should do one thing well
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Marketing Plan
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Newsletter to customers and suppliers
- x1 / 2 PW
- Contact by phone re: new offers
- Contact all buyers re: relevant offers
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Processes
- FOB contract format
- KYC requirements
- Order process for trade system
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Shipping: we need to make FOB into CIF easily
- preffered partners