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Neighbiz
No buildings No staff No bookkeeping No admin

Yesterday, today and tomorrow
Neighbiz is making a difference in two ways:

BIG PROBLEM NUMBER ONE: Neighbiz wants to connect advertisers with their community — they understand that for many businesses, local support can make or break them. There is a significant informal sector of painters, tilers and carpenters etc. whom the community would hire, if only they knew who they were and where to find them. Let’s ask a neighbour — let’s make a new friend! Through the Handy Help section of the Neighbiz platform, micro-businesses can receive an instant boost. BIG PROBLEM NUMBER TWO: The holy grail of online media is the ‘click’, but it may be difficult for customers to find businesses who are lost in cyberspace. With Neighbiz, however, it could be easy because all you need is a smartphone. 90 Percent of ‘spenders’ are chained to their mobile phones and with Neighbiz’s patented technology it is guaranteed that advertisers will be found. SMEs and businesses who are trying to reach their community can contact Neighbiz to find out more.
The concept under the spotlight
Own a piece of South Africa — when you buy a Neighbiz cyber franchise, the boundaries of your sales territory are defined by a perimeter of latitude and longitudinal points to within a couple of meters. Campaigns range between R1,000 and R 50,000 and every time someone taps to view a promotion/offer anywhere in the country, as the Neigh-boss of their territory, the franchisee of the node where the offer originated is entitled to a royalty. Businesses or entities wishing to reach consumers can do so via the Neighbiz app at a cost of R200 per month (excluding VAT). To promote a business or brand with the Neighbiz Self-Serve software, a smartphone is all you need. Users pay R1 (fixed price for 2018) per click or tap.

The Neighbiz offering also includes boutique services for tailoring campaigns, so now even the smallest business can access bespoke client relationship management (CRM) services.
From the public’s perspective Neighbiz is FREE, pure fun and superefficient. Imagine being rewarded instantly because you are local, because you have toddlers, because you are a golfer, or because you are a vegan. Imagine if anything you looked for online popped up on a map, provided you with contact details and let you know what your ‘neighbours’ thought about it.

Neighbiz does not require any premises or staff; all you need is a smartphone and your finger on the pulse of the community.

Consider your support
With more than 300,000 odd listings countrywide, chances are good that Neighbiz has already signed up participating businesses in your preferred sales node.

The Neighbiz team has been tasked with growing the database of participating brands and punching campaigns, both locally and nationally, for maximum results.



Do you fit the profile?
Franchisees must be able to conduct their own due diligence to establish the potential of their proposed sales area. If you are all about community and have the savvy to be the Neigh-boss in your neighbourhood, Neighbiz would welcome your application.
Contact Information
Contact: Sárah Vlotman
Phone: +27 12 253 5031
Website: www.neighbiz.co.za
 
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QUICK STATS
HISTORY
Founder Jennifer Ward & Chris Landman
Date founded 2017
Area of origin Johannesburg, Gauteng
CEO Jennifer Ward
NETWORK DETAIL
1st Franchise opened
Number of outlets 0
Available areas
FINANCIAL STATISTICS
Average store turnover Available on request
Achievable gross margins Available on request
Average setup cost From R538 000
Initial franchise fee R500 000 (Included in set-up cost)
FRANCHISE AGREEMENT TERMS
Management services fee 30% of turnover
Marketing fee % 5% of turnover
Initial agreement term 5 Years
Renewal term 3 Years

* Amounts quoted are VAT exclusive