Merchant (Occupier) Representation
WeBroker, LLC X Merchant
(Eventual Stakeholders: PropCo, Merchant, RevPay, WeSell)
WeSell presents to the merchant a “Merchant Focused” WeSell Services presentation.
Custom tailored to each merchant type
Art Gallerists
Peter Lik art gallery
Non-perishable items
Unique items
High retail margin
Restaurants
NightClubs/Bars
Hotels
Ghost/Cloud Kitchen usage
CBD Merchants
Marijuana Merchants
eSports & Gaming Activity Space Operators
Gyms & Work out spaces
Healing & Services (Massages, manicures, barbers, etc)
Customized with a few slides specific to the merchant
And specific to the merchant’s industry
Roadmap of forthcoming legal agreements & operationalization if a property/space is chosen.
Understand Core Business (Merchant Intelligence)
Cash Flow cycle (how/when they sell and get paid for product, methodology of borrowing money for accomplishing their goals). This helps us diversify their interaction with our 3revenue funnel.
Breakdown of customer base. Profiling (unique social profiles).
Understand their Seller Profile & Sales goals:
Seller Profile:
# Locations
Revenue each generates
Understand their retail margins**
Historical data
Sales Goals:
What neighborhoods they want to sell in.
Building an ideal set of neighborhood profiles for this merchant
Merchant flexibility with location : get a sense of possible geographic limitations and scope.
What items/points matter most to them to sell, most profitable.
Other Primary Retail Goals:
Customer Acquisition
Potential for Per Customer Acquired Payment structure thru RevPay (ie $100/customer to WeSell & PropCo structure)
Signatures for something
Think ballot initiatives
Neighbrohood campaigns
Recall of the governor
Other Data collection
Localized / Hyper-Localized Marketing Efforts:
“Campaigns-as-merchants”
≠Political
Corporate lobbying activities
BB to find out: How much money is spent annually on political campaign offices and lobbying efforts locations (retail real estate).**
Look for Value Adds:
Use Matching WeSell efforts in realms of:
Location Optimization (matchmaking process)
Retail Optimization (Maximization of selling process)
Automated logo / brand generation through AR assisted solution for customers to see. Will be aspirational.
Create presentation for merchants:
Classify merchant by merchant type. Intelligence we gather will contribute to a larger, ongoing template of earned merchant knowledge.
Work that goes into presentation has dual function of also contributing to property owner presentation / controller / dominion holder (i.e. could also be broker or gov’t.)
Merchant approves and signs a merchant representation agreement with WeSell. (non-licensed agreement)
In this case - WeSell remuneration is a fixed success fee (ie $25k) if a lease is signed by the merchant or a Revenue share agreement executed via RevPay*.
This signing process occurs in Docusign.
It allows WeSell to engage in the process of a deep dive into the merchant’s business and industry.
Business Intelligence about their business
Catalogs of their books, records, and historical data.
Need to understand their existing revenue and the potential for their revenues.
Industry Intelligence
How their industry works
Average Retail margins
Who are the competitors?
Who are their suppliers?
Produce a thesis on the industry and where we think the opportunity lies based on earned industry intelligence.
Online vs Physical Paradigms
This allows WeSell to represent the merchant to:
Property Owners Work that goes into presentation has dual function of also contributing to property owner presentation / controller / dominion holder (i.e. could also be broker or gov’t.
Property Managers
Master Lessors/ Sub-Lessors [Store within-a-store opp’s]
Cities & Governmental owned properties
Non-For-profit organizations holding land (like churches/synagogues)
Property Owner Representing Commercial RE brokers
Signing clears a barrier by legally allowing WeSell (can directly contract) to hire:
Commercial Real estate brokers (Tenant/Occupier Representation)
WeSell then will seek out properties and spaces that match the merchant’s requirements.
Share all vacant/active spaces with the merchant, that match the merchant’s criteria; that are available on ProperMarket.com
Market the merchant’s business opportunity to all qualified property owners, property managers, and brokers.
Matchmaking process.
Deal Signing
Begin Revenue Operations = Revenue Funnel ON
Make it stand out.
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Dream it.
It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.
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Build it.
It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.
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Grow it.
It all begins with an idea. Maybe you want to launch a business. Maybe you want to turn a hobby into something more. Or maybe you have a creative project to share with the world. Whatever it is, the way you tell your story online can make all the difference.