Figozo is a mobile point-of-sale application that allows local merchants to manage inventory and process orders across in-store, online, and social media channels without incurring commission fees. The platform addresses the challenges of coordinating sales and inventory management across multiple customer touchpoints, enabling merchants to streamline operations and enhance customer engagement.
Funding
$10K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Local merchants often struggle to efficiently manage inventory and process orders across various sales channels, including in-store, online, and social media platforms. Coordinating sales and tracking inventory across these multiple touchpoints can be complex and time-consuming, leading to operational inefficiencies and potential loss of revenue.
Solution
Figozo offers a mobile point-of-sale (POS) application designed to streamline operations for local merchants by providing a unified platform to manage sales and inventory across in-store, online, and social media channels. The platform eliminates commission fees, allowing merchants to maximize their profits while offering customers the convenience of ordering from any device. By syncing inventory across all channels, Figozo ensures accurate stock levels and prevents overselling, while also providing tools to engage customers and encourage repeat business. The application simplifies business management by consolidating sales data and providing insights into business performance through sales reports and customer analytics.
Target Audience
Figozo primarily targets local merchants and small business owners who need a comprehensive solution to manage sales and inventory across multiple channels.
Features
- Mobile POS application compatible with Android and iOS devices
- Centralized dashboard for managing in-store, online, and social media sales
- Real-time inventory synchronization across all sales channels
- Online product catalog creation and management
- Flexible payment options, including cash, card, link, and bank transfer
- Sales reporting and analytics dashboard to track business performance
- Customer management tools to engage and retain customers
- Commission-free sales, with only card transaction processing fees for online payments
- Option for customers to shop now and pay later or accept partial payments