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  • sd@turbado 14:06 on November 8, 2016 Permalink |
    Tags: , , ps4,   

    Turbado pays investors out monthly 

    ps4 1tb mafia 3

    Turbado just paid out interest to its investors the first time. Our software keeps track of each investment and every month pays out automatically 6-20% p.a.

    So if you invest 20000 eur, we offer 12% p.a. interest rate, what earns you 200eur monthly.

    Investor’s money helped us to buy 86″ LG TV’s and make a very nice profit on them, and in the next round, thanks to the investor’s money we were able to buy in big quantity the new SONY PS4 1TB slim + Mafia III consoles and this way we made extra 10 eur / unit.

    We wish we had more investors who would like to see their money work hard for them, gaining them 20% p.a. interest on an investment over 100 000eur.

     

     
  • sd@turbado 18:46 on October 10, 2016 Permalink |  

    How Turbado uses investor’s money 

    turbado_investor_example.jpg

    Last week one of our customers invested 20000 eur in Turbado. We give him 12% p.a. interest, paid out monthly, so he gets 200 eur a month as long as he wants.

    We found a good job for his money, so it works hard for him and helps Turbado to grow into the next billion euros business. We bought 5 pieces of LG’s new Super UHD 4K Quantum Display LED TV and listed them on Amazon, eBay and other marketplace in 7 EU countries we operate in. Purchase price 4900 Eur, sales price 9200 Eur and our profit 2700 Eur per piece.

    It took us 10 days to find the 5 customers, 2 days to deliver the product and the initial investment of our customer. You can Invest today as well, interest paid out monthly, and see your money work hard.

    This is what we do, we build money making machines.

     
  • sd@turbado 19:03 on October 26, 2015 Permalink |
    Tags: awards, shop of the year, tomas braverman,   

    Turbado wins 3rd place SHOP OF THE YEAR 

    Last week our Hungarian Turbado secured the 3rd place of the SHOP OF THE YEAR competition, in the popular category of Consumer Electronics:

    Turbado orszag boltja

     

    The SHOP OF THE YEAR competition is designed to provide users a post-purchase evaluation of real customers, voting for the company providing the highest quality service and operating the most popular websites, combined with the popularity of online shopping. The awards were given out by Tomas Braverman:

    Turbado.hu shop of the year

    Our shops in 5 countries served over 45 000 customers in the last 12 months, achieving a yearly turnover of 12M euros and customer satisfaction of 99.7%.

    We need an investor to grow. The next one million Euros will enable us to fulfill 400 orders a day and serve 120 000 customers a year, to open our shop in the next country (6th country). We can offer a 20% yearly interest rate, interest paid out monthly to your bank account (16667 eur a month from 1M euros). We are looking for only one investor of the first Million euros, after that we will offer “only” 8% pa. interest rate. The investment is to be used only for buying inventory and for the waiting time until we get the payment from customers (Cash on delivery, paypal, different marketplaces…). Are you able to help us?

     
  • sd@turbado 16:04 on August 30, 2015 Permalink |
    Tags: financing, , supplier,   

    Turbado | A money making machine 

    WE PAY YOU 1000 EUR IF YOU HAVE INFORMATION THAT HELPS US. Read through:

    turbado funnel

    Put the right ingredients to the Turbado funnel and see this machine making money for you:

    Investors, Marketplaces, Suppliers, Factoring, Payment Processor. When you input all these in Turbado, magic happens, money is made. How Turbado makes this magic happen, is a story of its own. What we describe today is the necessary input to turn our machine on. (Help us to find the right ingredients and get paid 1000 Euros!)

    INVESTORS*

    The ideal source of company funding is our satisfied customer. We want our customers to become our investors, to share success with us and to love us even more. We are inviting our customers to invest as low as 15 Euros now and receive monthly interest to their bank account. A transparent, safe and easy to make investment that pays immediately. We are also inviting those of you who think big, to invest big.

    MARKETPLACES

    Our next customers are already waiting around the corner to spot our great offers. Marketplaces help our customers to compare these offers and decide for us. And we make sure the customer is well satisfied with his choice. We must be present where shoppers are going. Our power is not to tell you what to buy, but to offer you the best deal for what you want. We are always looking for an efficient way to bring in new customers. Maybe you have a suggestion in this field?

    SUPPLIERS*

    Quality in a product is not what the supplier puts in. It is what the customer gets out. Our customers are always happy about us, about our services and about the product itself. We don’t buy what the suppliers want to sell, we are looking for products our customers want. And because we believe we make money when we buy the products, it is then very easy for us to sell them. And it is very good for you to be our supplier as well. Let’s work together, grow together and make money together. Supply us and give us a credit line.

    FACTORING*

    Our customers are happy also because we accept every method they want to pay us. We even take their old electronics to pay for a new iPhone. And many times it means we must wait for 14 days or more to collect payments. This is where our financial and factoring partner comes in, with accounts receivable financing. We sell our receivables and collect money within 24 hours, so we can go out and put this money work hard for us in the next deal. Buy our secured receivables, customers’ money is on the way to you with a little profit atop from us.

    PAYMENT PROCESSOR*

    Believe it or not, in today’s connected world it is still difficult to receive money from customers instantly. Our customer pays when making an order, he is charged instantly, we are shipping out products the same day and delivering physical products across Europe the next business day. But the money, which are a bunch of 0’s and 1’s, take much longer to come to us, if we were to use any payment processor. We prefer to work with FAST payment processors, where we pay low fees (below 1%), get money instantly or within hours, have mid-market +0.5% exchange rates, and are able to receive payments within EU in ANY country. If you know such a company, let us know now.

     *if you know of any partner we should be working with, and we will be satisfied with them (working with them for 3+ months), then let us know and we pay you 1000 Euros for this information. Please note we are not paying for information about Marketplaces, and we are paying only for big investors (100k+ Euros investment).

     
  • sd@turbado 10:13 on August 27, 2015 Permalink |
    Tags: ,   

    Turbado is looking for investors 

    time-to-invest_turbado

    • invest 100k – 1M Euros
    • 20% p.a. interest rate
    • interest paid out monthly
    • secured by inventory and company shares
    • extra bonus for investors

    Invest in a proven company with internet shops in 5 countries, very high customer satisfaction (99.7%), above average margins, with low operation costs, able to sell products quickly (14 days average) and receiving 200+ new customers daily. Investor’s money is used for inventory and cash flow financing. It takes 7-14 days to collect payments from end customers (Cash On Delivery 7 days, Marketplaces hold money for 14 days, PayPal and other payment providers 7 days…), so it takes us 14 – 28 days to get products at competitive prices to our warehouse, list them in 5 countries, sell them, ship them out, collect payments and repeat.

    We believe that we should make money when we buy the products. As a great example are the popular GoPro cameras, which we sell daily 10+pieces. We can buy them daily from a local distributor for 365 Euros or we can buy 100-200 pcs at once from traders in Poland for 310 Euros. And the same applies to almost all commodities we sell. We must have great products at great prices on stock, so our customers get good deals, quick deliveries and a great customer service.

    We are able to pay out monthly interest, so you as our investor get your earned money regularly, you are always able to see LIVE what products we have on stock, how much money we are awaiting from customers, how much money we have on hand and how much stock is incoming. So you are always up-to-date with our company health and you can see that your investment is doing fine and thanks to it our company is growing and is able to generate profit.

    Contact us now for more details or send an email to Stefan Durina @ sd@turbado.eu.

    And as an extra bonus, we will take care of your smart phone needs, exchanging your old phone every year for the newest models. We give you the newest iPhone every year.

     
  • sd@turbado 11:44 on August 10, 2015 Permalink |
    Tags: , partner, phase two,   

    Turbado 2.0 – second phase initiated 

    Turbado phase 2

    Before we sell our company for 100+ Million Euros, we must grow to one million orders a year, 350M euros turnover, 14M euros profit and keep our high customer satisfaction level.

    And to come closer to our target, we are launching the second phase of our project:

    Phase TWO:

    • Get local distributors to use our platform
    • Setup logistics from third party warehouses to the final customer
    • Keep very high customer satisfaction
    • Sell as much as possible, as quickly as possible
    • Repeat

    The first project of Turbado 2.0:

    Launched a week ago in Czech Republic, listed on local marketplaces and price comparison websites, we take all products from local IT distributors, and thanks to our business model, we are able to sell their products at lower prices. After a successful testing period, we will offer their products also in Slovakia, Hungary, Poland and Germany, in every country we are active in. Then we get new suppliers from other countries, start them in one local country, and after the test period we get them on every other market we are present at.
    Our aim is to grow to 700 orders a day in December 2015, from the current 250-300 orders a day.

    Basically from our suppliers we need:

    • XML with product availability and export prices,
    • quick deliveries to our warehouse,
    • we need our suppliers to prepare packages for the final customer, with our invoice and our shipping label,
    • a credit line of 7-30 days
    • accept back customer returns within 14 days,
    • and help us with warranty repairs.

    For every company working with us, it could be a big boost in growth. Not only in their local market, but in every EU market with virtually no extra work needed, nothing to risk.

    We will be attending IFA Berlin in September 2015, if you want to meet us there and discuss further, we would be happy to do that.

     
  • sd@turbado 09:52 on May 18, 2015 Permalink |  

    Turbado | 40 Angry customers in one day 

    0a6f9a0c5d103d24520f53171b9bdae00b43124d1d579ccda6f314d39803d78f

    Last week Thursday in Hungary, as every other day, we handed over around 40 packages to GLS courier for next business day delivery.

    Friday noon, we started getting calls from angry customers why their new mobile phone has not arrived. Tracking numbers on GLS website showed as packages still in warehouse, not out for delivery.

    GLS has forgotten all our parcels in their depot and 40 Hungarian customers were left with a bad feeling about Turbado. To make this up, we immediately contacted all affected customers by phone, informing them what just happened and promising them speedy resolution, Monday delivery and that we make up for OUR mistake.

    Today, Monday we send out to every one of them a SORRY note, apologizing for not delivering what we promised and to make up for this mistake, we send them an extra phone charger. Even if they return their package, they can keep this gift, and we hope they will consider doing business with us in the future again.

    And to GLS, we informed them that mistakes like this are not acceptable for us, and if it happens again, we will be forced to look for a new courier company in Hungary. Every mistake, our own or that of our supplier, if it affects our customers, is our mistake, we must take responsibility for it and make up for it. Even unsatisfied customers can become satisfied or at least less unsatisfied, so we keep our strategy true = do everything a little better than others do.

     
  • sd@turbado 16:10 on May 1, 2015 Permalink |
    Tags: report,   

    Turbado | in April 2015 we have 6 Million Euros 

    2015-05-01 turbado 6000000

    Turbado by the end of April 2015 has received 23179 orders with an average value of 263.77 Eur, bringing in a revenue of over 6.1 Million Euros.

    All this with only 200k Euros stock inventory, a great team of sales people, warehouse staff and managers.

    Today we are active in Poland, Hungary, Slovakia, Czech Republic and Germany. Spain, France and the other countries we had to close for the shortage of money.

    Only 4 out of 1000 customers are not SATISFIED and would not recommend our company to others, mostly because they don’t feel safe about not being the owner of the device they get from us.

    Customers mostly like our price/value ratio, free shipping, next day delivery, express warranty replacement, but the most they talk about is our Superior Unexpected Customer Support. Our customers love how we treat them and they recommend us to their friends, colleagues and family. And over 8% of our orders are from repeated customers.

    At this stage, we are bringing in daily around 150 new customers and shipping out 180 mobile phones. This December we want to be at 700 items a day, so we have a lot of work ahead of us.

    The easiest to grow is to open new countries and tap into new markets, but that costs us around 50000 EUR per country (opening the local operation and breaking even). So Austria, Spain, France, UK and the rest of EU will have to wait a bit… we are making money to come to you.

     

     

     
  • sd@turbado 09:34 on November 3, 2014 Permalink |
    Tags: , , , , websummit   

    Turbado | WebSummit @ Dublin 2014 | Why does Turbado succeed 

    As the founder of Twitch and Justin.tv, Justin Kan wrote in his blog:

    http://justinkan.com/startups-around-the-world

    “local companies win markets over foreign companies because they are better able to understand and act on local marketplace dynamics.”

    This is one of the main differences between Turbado and companies like Pixmania, Alzashop and others. They think Europe is a single market, but if you go out of your city and country, you will quickly notice, that each of the 28 countries that the EU is composed of, is different.

    Turbado is a local company, in each country it feels as home, local people see it, feel it, experience it as a local company and these individual local companies make Turbado strong, makes us the next billion euros business.

    This is a nice list of potential investors that will attend this year’s WebSummit in Dublin:

    http://websummit.net/investors

    quickly going though them, will give you the confidence you can find an investor for whatever your company does, everyone wants to make money with you.

    To me, the interesting meetings could be with:

    Michaela Jacova from Neulogy – because it is an initiative from Slovakia and it is nice to see the differences how they see the opportunity we offer

    Delta Partners – if those are the guys from Dubai, which funded Virgin Mobile Central Europe and Eastern Europe VMCEE, which could be a great opportunity to offer Turbado services through a Mobile Virtual Network Operator (Lebara?)

    BDMI Fund of Bertelsmann that invested already in similar companies, like Returbo, Frank and Oak or alaTest and Turbado would be a nice addition to their portfolio

    Paul Thiekotter of RI-Digital (Raffay) which have a nice portfolio of european e-commerce projects in Germany and Turbado could be the one that is in each EU country and helps their other project go international

    Allan Majotra of Silicon Valley Bank – I feel the connection with Allan through the love of art, where he created a marketplace for art, picassomio.com and his new work @ SVB could help us to get inventory financing, to have enough products on stock, to offer through Turbado in 6 countries.

    Ali Esfahani of Morgan Stanley – I find him to have a great track of companies he was involved with while their IPO or other exits, I believe he knows best who could invest into Turbado, similar investors that  stand behind Alibaba or Amazon or FB

    Philip Wilkinson, the creator of first price comparison website in UK (shopgenie) and merged into French Kelkoo – I feel his story is very similar to mine, and it could be a nice chat to have, to see what other falls and successes he had

    Highland Capital Partners – Mr. Mullen and Mrs Goldenberg, which are probably not coming to Dublin, but I see their portfolio is exactly what Turbado is. Glasses Direct and Spartoo… Turbado with mobile phones and electronics would nicely add to their great investments.

    Inundata of Shane Naughton – not many info there available online, but TaxStream and his experience of US companies doing business in Europe, taxation and other issues… could be a great chat with him

    Ophelia and Grace of Index Ventures – Grace I feel is close to our interests, with having a great history with Apple, and Apple is in our main focus, and they declare to be interested in eCommerce companies. Well, here we are, would be great to chat 🙂

    Bob van Nordvick of Amazon Web Services – well, are you interested in an early talk of selling Turbado to Amazon when we reach our goals? 28 countries, 1 million orders, 300+ million euros turnover and a nice little profit to it

    Michael Copeland of Andreesseen Horowitz – his focus grabbed my attention: Your company is about to launch. No one quite understands why you’re the next billion-dollar business. WOW, exactly what I feel now

    Turbado WebSummit 2014

    Turbado WebSummit 2014

     

     

     
  • sd@turbado 10:13 on October 14, 2014 Permalink |
    Tags: , , , , we need help   

    Turbado | We need your help! 

    Turbado is a network of internet shops in each EU country, based on an innovative business model, where you don’t buy your electronics, but use them as yours as long as you want it and we take care it will just work as intended.

    Since the first idea of creating Turbado, registering its trademark, developing and verifying its viability, changing what had to be changed, finding local managers in several EU countries, opening local companies, offices, finding local tax advisers, lawyers, accountants and throwing money at them to verify our business model works in each EU country, developing our websites, redesigning them for mobile devices, making them more user friendly, secure and easy to order, implemented every local payment and delivery method, implementing the different local legislatures, requirements, languages, translations and different expectations of the local markets, getting us registered to local catalogs, price comparison websites, building back-links, writing and publishing PR articles, further developing advanced functionality of our web-shops, opening our network of warehouses, finding and training the good people to work with, solving local and international logistics, developing a warehouse connector to every our web-shop, daily updating of our prices based on the market situation, talking and meeting with suppliers, distributors, manufacturers, payment processors, credit insurance companies, inventory financing companies, banks, potential investors, and many other tasks that are necessary for running a business,

    we arrived at the stage, where we need external help with financing our inventory, financing our growth into new countries and financing of the initial marketing expenses.

    Until now, we were able to self finance our entire operation, investing over one million euros into the pre-launch stages and arriving to a point, where we are operational in

    HUNGARY | SLOVAKIA | POLAND | CZECH REPUBLIC | SPAIN | GERMANY

    We have 42 staff members that support our company, we have 4 warehouses that are able to fulfill the daily orders and delivery the orders to the customer next business day, we are getting orders every day from each country and we are fulfilling them with over 98% customer satisfaction. And even customers that were not satisfied for whichever reason, get a small gift from us as an apology for not meeting his or her expectations and we learn and advance by solving every large and small problem on the way.

    Turbado was self financed by the money we made in the previous years in TVPartner, a B2B trading company, which is now out of money for 3 reasons:

    1) Most of our focus was on building our B2C platforms, where we invested our time and money (1M euros)

    2) Tax office in Slovakia, Poland and Czech Republic, from where we were exporting the goods we sold, owe us over 3M euros on VAT held back, having open some tax controls for over a year, as trading with mobile phones is apparently a high risk business, and they are checking every inch of our companies and those of our suppliers and of our customers. We just don’t know when will our money be paid back to us.

    3) We don’t have enough stock in our 4 warehouses, as we don’t have means to finance them (point 1 and 2) and this way we are getting way less orders in the 6 countries than what we would with sufficient inventory.

     

    WE NEED YOUR HELP!

    We need:

    1) inventory financing – this is the most crucial for us at the moment, to have enough stock in the 4 warehouses. ESTIMATED 1 million euros is needed in 2014 and 3 million euros in 2015

    2) marketing financing – we need to acquire customers by giving first and receiving later. ESTIMATED 1 million euros is needed to acquire 200k customers, iPhone owners, that will want to upgrade their iPhone to a new one through us

    3) growth financing – we want to open 6-8 new countries every year. ESTIMATED 100 thousand euros per country is needed for the pre-launch stage and another 100 thousand euros per country for the initial marketing expenses

    4) trade financing – this is to get back into B2B as we made 2 million euros profit in the previous 1.5 years, which we invested into our B2C operation and the tax office holds back our money. ESTIMATED 1 million euros is needed to resume our trading business and continue building on the established relationships and experience

    TURBADO investors wanted

    TURBADO investors wanted

    What we give:

    a) Turbado aims to fulfill one million orders a year with a turnover around 350 million euros and profits over 20 million euros (thanks to our innovative business model of long term rental)

    b) TVPartner aims to resume trading, supplying web-shops and achieve over 1M euros profit @ 50M euros turnover in 2015

    c) collateral of over 3M euros which the tax office owes us, secured stock inventory in our warehouses, warehouse building of 1000 m2 in Slovakia that is our property, worth 150k euros; movable properties of around 80k euros,

    d) higher than industry ROI (thanks to our innovative business model), secured by our previous investments and inventory, optionally secured by company stock

     

    WE WANT LONG TERM PARTNERSHIPS

    Our success of having over 80 thousand B2C customers and over 2600 suppliers and B2B customers and stable growth is achieved by our long term vision, long term partnerships with clients, employees and customers and by our efficiency at delivering and keeping delivering even in the more difficult times.

    So if you are an investor, banker, venture capitalist, enthusiast with money, a fundraiser or anyone that can give us support, WE NEED YOUR HELP now.

     
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