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Swarm hq web platform
By John Griffin
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Swarm Hq Web Platform
Project 2016-09-21 19:09:02 +1200
Up to now the only way to obtain wholesale rates to buy products is with having the buying power to buy in bulk reserved mainly for business and the rich with individuals being locked out and having to pay higher retail prices.
The idea and goal to enable the buying of gear at wholesale prices in small number of units has been perculating around in my head for a while. This goal is kinda difficult to do because traditionally the only way to get wholesale rates is by buying in bulk.
There was some trial and error with coming up with an idea to enable the buying of products at wholesale rates in low quantity - the problem was with early prototypes being that people would have to wait weeks to receive the item bought.
The light bulb moment to be able to do the impossible came with an idea for people to buy and get the product shipped right away and then get the discount money back at the end of the month if a minimum number of units is sold by the end of the month.
There are some problems for this to work; There is a problem if the seller is counting the number of units sold as the buyer can’t trust the figure is accurate. There is no independent entity to verify the legitimacy of the result - or number of units sold.
The problem of how to ensure that buyers receive their money back has to be solved to make it work.
It was a process of trial and error to come up with a solution to find a way to get the same sort of discounts for bulk buying - and do the impossible. The swarmer platform is a better and improved version of an earlier prototype that didn't work because the buyer would have to wait weeks to get the product they bought. It needed enough people to get on board to buy taking weeks to get the product.
Where the money goes;
The money raised will be used for a quality software demo to show third partys who i could partner with to build the swarmer aplication.
6- ecommerce website
7 - Swarm hq Main Account
8- Swarm hq platform
9- Balance of Powertrain account
12 - Retail payment
14 - Payment to seller
15- Discount amount
18- Product online account (power-train account)
20 - Bill Payee
22 - Buyers account
23- Swarm hq brain (programed software aplication)
24 - Sellers account
Drawing 1; swarmer aplication system
Drawing 2; Direction of payment to product account
Drawing 3;Return of money to buyer
Drawing 4; griffo account with info on powertrain deal bought using swarm hq
Minimum number of units -100
$1000 - Retail price
$600 -- wholesale price
$400 - Cash back
Day 8 of 30, 22 days to go
Units sold; 61, 39 units available
Drawing 5; Griffo account details
Hi John Griffin
Products bought with swarm hq
Credit my account
60 Main Road, Te Puke, Bay of Plenty 3190
Swarm hq simplified process to buy top notch tech, gadgets ect
1.Log into swarm hq account and from saved products in my account open the powertrain product
2.View info about the deal;
Retail price; $1000, Wholesale price;$600,
Cash back; $400,
Days to go; 22,
Units sold; 61
3. If happy with the deal click buy and then taken through to checkout
Pay using debit card/ credit card in the beginning retail price of $1000
4.Payment goes through to swarm hq main account first and then the payment is split by the swarm brain with pre programed percentages in this case 40% to the powertrain (and account for payments for powertrains only) and 60% to Ted the seller.
5.The brain sets up payee details of the buyer using their email from their account
6.Ted supplier is informed of purchase and sent buyers detail of name and address he then ships powertrain to buyer
7.Griffo the buyer - Ted the seller and swarm platform join forces in common goal to hit the sales target of 100 units sold by the end of the month by spreading the word for deal to go viral using facebook and other social media
There needs to be a way to gauge accurately the number of units sold so the result can be trusted and swarm is able to do this;
8. Each time $400 goes into the powertrain account one unit is counted by the swarm brain and when 100 have been counted then the swarm hq brain has been programed to activate the powertrain account and return $400 for each unit bought to the buyer. The buyer is informed via email of this payment to their bank account.
If the target sales goal is not reached then lesser percentages can be sent to the buyers depending on sales and the rest sent to the seller.
If a new technolgy or gadget is revolutionising an industry and offers benefits and improvements then if an individual or business invests through Swarm hq they will be able to get a healthy chunk of their money back in a cash back deal. The deal being if a goal number of units are sold within a certain timeframe e.g 100 units by the end of the month then 40% of the retail price will be returned to the buyer.
Swarm is a performance based tool and the three partied involved in the transaction; the buyer, the seller and the swarm hq platform join forces with the common goal to hit the sales target and post info on the deal and the cash back offer on facebook and other social media to recruit other buyers spreading the word to get the deal to go viral - then the seller of the product gets free viral marketing.
By using Swarm hq to Invest in the latest new, quality and innovative products, gadgets or technology that is revolutionising a market or otherwise the buyer can get a good hunk of cash back then if they were buying alone or through another option. By using swarm enables you to tap into greater buying power, and ultimately buy at wholesale rates even if one unit is bought.
Swarm hq can be an Independent trusted gauge to count the number of units sold accuratly so the result can be trusted.
The buyers can be sure the money will be returned because the payment is split and the portion to be returned is held in a special account only for that product.
Elements og Swarm HQ
Swarm hq helps get your grubby mitts on the latest technology and gadgets that a revolutionising the world at a ultimately better price. You pay the full retail price and then there is a very good chance you will get a healthy chunk of your money back e.g 40%. How Swarm hq does this is with a cash back model to ultimately wholesale prices even if one unit is bought.
The buyer pays the full retail price in the beginning
If a goal target number of units are sold e.g 100 - within a certain timeframe - by the end of the month
then a healthy chunk of cash goes back to the buyer automatically using their email linked to their bank account.
The payment goes to a central bank account and then is split and the portion to be returned is held in a special account, the rest of the payment goes to the seller
The payment goes through a trusted third party like a bank or trust account
Buyer still uses their debit card
To hit the target sales goal the buyer, seller, and swarm hq use viral marketing through social media
The goods are shipped to the buyer as soon as payment is received by the seller
Swarm will accurately gauge the number of units sold by the brain of the system counting a unit each time a certain amount goes into the product account and the brain has been programed when the target sales goal is reached to automatically return cash back to the buyers
Swarm application software is programed to count a unit each time a payment goes into an account for a product
Swarmhq can be an app linked to a e commerce website some products can be bought with swarm hq and when this happens a swarm hq app opens in another window
or be a platform where suppliers list their products on a Swarm hq website and buyers buy the products with swarmhq technolgy to get wholesale rates.
There is a patent pending
This example demonstrates Griffo as a buyer using swarm hq to buy a powertrain product from Ted the supplier at wholesale price in only one unit.
Intro how swarm works;
Griffo uses swarm hq to buy a powertrain from Ted the supplier. the Swarm adminstrator has loaded the powertrain on to the swarmhq platform-8 and pre loaded the deal to be a retail price of $1000 and if 100 units are sold be the end of the month then $400 will be returned to the buyer, so a wholesale price of $600 will apply. The $400 is returned when 100 units have been sold.
Griffo logs into his swarm hq account-8 then to open the listing for the powertrain he opens from his accounts saved products or types powertrain into the search box. Griffo has before registered on on the swarmhq platform-8 as well as followed swarm hq facebook page to see quality products thast can be bought through swarm hq-8
How swarm hq-8 does the impossible is griffo will pay in the beginning the full retail price of $1000 if 100 units of the powertrain are sold before the end of the month then $400 will be returned to Griffo's bank account so a wholesale price of $600 will apply.
Griffo taps into the greater buying power of swarm hq-8 as there will be heaps of members and Ted is happy to offer a wholesale price if he moves heaps of units and male heaps of money so there is a win win
Info on the deal;
When griffo opens the power train product in swarm hq-8 he sees information on the deal;
Retail price $1000. Wholesale price $600,
Minimum numbr of units sold -100,
Discount returned if target hit -$400,
Days to go 22
Number of units sold 61
Griffo is happy with the deal and pays in the beginning $1000 with his debit/credit card or other payment method. The payment goes through a trusted third party like a bank.
Griffo first pays the retail price of $1000 with his debit/ credit card or other payment method and this paymet goes first to the swarm hq main account-7.
This payment is then split by the swarm hq brain-23 of the system (programed software) with $400 going to the Powertrain account-18 and $600 sent to Ted's account-24. Ted can do what he wants with this money as it is his.
Swarm hq brain-23 has been programed to split any payments that come into the main account-7, in this case for the power train with 40% going to the powertrain account-18 and 60% to Teds account-24.
This discount and wholesale price has been worked out with the seller Ted and entered into swarm hq by the Swarm adminstrator.
The brain-23 has been programed to split at said percentages. The amount the swarm hq brain-23 splits can be adjusted for each product by the seller loggin into their account on the swarm hq platform.
The swarm hq brain-23 can identify a payment for the powertrain with a unique Identification number.
The swarm hq brain-23 obtains Griffo's email when he logged in and use's the email to set up payee details-20 for Griffo to enable the return of the funds in the powertrain account-18 if 100 unis are sold. The email address is linked to Griffo's bank account.
Ted then fufils the power train order and ships the Powertrain to Griffo and he gets to use the powertrain immediately. Griffo’s name and address details have been automatically sent to Ted's email and his website to fufil the order.
The powertrain account-18 is a special account for payments for powertrains only. Other products sold on the swarm hq platform or Teds website have their own separate bank account for payments.
The money is held in the powertrain account-18 in a dorment state until 100 units have been counted by the swarm hq brain-23.
The money in the powertrain account is frozen there and cant be touched by anyone, only the swarmpay brain-23 can control when the money is returned to the buyer or seller.
Recruit other buyers and go viral;
Griffo can recruit buyers to get it over the line, by going to facebook and other social media to post info on the deal. Also swarm hq will inform all it’s members/followers of the deal for the power train through it’s website and its own social media like facebook. With a sales goal of 100 to get a 40% cash return this is then a carrot for the buyers to recruit others.
Mechansism to acurately gauge the number of units of a product sold
How does the buyer know for sure the number of units sold is correct as it is not 100% possible to trust the seller to count the number of units sold.. An Independent trusted mechanism/ gauge is needed to count the number of units acuratly, so that when a 100 units have been sold the buyer knows this result is correct.
Each time $400 is moved into the Powertrain account-18, from the main account-7 the Swarm hq brain-23 counts one unit.
When 100 units have been counted by the swarmhq brain, it has been programed to activate the powertrain account from a dorment state and return $400 for each unit bought to the buyers using their email linked to their bank account.
Another option is for the brain-23 to gauge the balance of the powertrain account and when the balance reaches $40,000 this means 100 units must of been sold and the brain is programed to return the moeny in the powertrain account to the buyers in the same way e.g a customer has bought 2 units then $800 is returned. The buyers payee details of name and email are saved by the brain along with the number of units bought and from this the amount to return to the buyer.
Griffo has logged in and hais his details like name and email saved with swarm hq brain-23 and when griffo made the payment of $1000 his name and email were used by swarm hq brain-23 to set up a payee for the power train account-18 to use to return the $400 if needed.
On the 15th of the month over 100 units of Powertrains were sold on the swarm hq site-8 as well as other e-commerce sites selling powertrains. The swarm hq brain-23 carries out the said process above and griffo is returned $400 automatically using his email that is linked to his bank account. It is not necessary to wait until the end of the month for the money in the powertrain account to be returned to the buyer.
When 100 units have been sold the swarm hq brain reverts back to zero the number of units of the powertrain sold and tthe swarm adminstrator has control to restart the process to use swarm hq to pay for powertrains again or to suspend.
The first 50 units sold can get a greater discount to ensure people dont hold off until the number of units sold is close to the target.
If the goal sales target not hit then the amount of the discount will depend on the number of units sold e.g if 50 units sold then the discount will be 20% and if 25 sold then the discount is 10%. These percentages can be programed into the swarm brain - to return cash depending on how many units sold.
An option is for individuals too piggy back on a bigger player who buys in bulk from the suppliers or swarm hq aquires funds to buy in bulk the products and import and also sell.
So if you would like to see swarm pay a reality and buy as part of a group rather than an individual and reap the saving make a pledge.
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