Marketboomer in the Growth and prospects
Track RecordWe have achieved CAGR (Compound Average Growth Rate) of 60% over the past 4years.
Prospects
Current Market PotentialWe currently have an average compliance of approximately 45% across our existing customer base giving us excellent scope for growth through Key Account Management and driving compliance with existing customers.
There areover 9,000 hotels within our existing hotel group customers who coulduse Marketboomer for their procurement. This gives us a large base of potential referral customers and natural expansion potential by existing customers.
Geographic PotentialMarketboomer has successfully launched operating businesses in 10 countries todate and have the systems, processes and experience to rollout into new countries as opportunities arise. Untapped regions of interest to us into the future include:
- North America
- Europe
- Asia
- South America
Vertical Industry Expansion PotentialWhile Marketboomer has found a willing market in the Hospitality and Food Service industries, the potential of its systems lends itself to procurement practices in many industry verticals. Core industries of interest include:
- Healthcare
- Education
- Government
- Mining
- Commodities
Mass Volume Market PotentialMarketboomer has been working on enabling is sophisticated product functionality in a cut down more accessible model which will enable access and sales to the mass market via the Internet. Most of these products are focused on enabling businesses or individuals to buy and sell more efficiently. We are in the early stages of deploying LoadingDock, a marketplace targeted at smaller restaurants and hotels as well as TellMoreSellMore which enables suppliers to better promote their products to their existing and potential customers.
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