Hoopla is an e-commerce platform that connects businesses with traditional retail and out-of-home consumption points, facilitating streamlined access to a wide range of brands. The application addresses the challenge of market reach for businesses by providing a centralized solution for product distribution and customer engagement.
Funding
$1.4M 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
Traditional retail and out-of-home (OOH) consumption points often face challenges in efficiently sourcing products due to infrequent visits from distributors and the need to rely on wholesalers. This can lead to difficulties in managing inventory, cash flow, and staying up-to-date with new product offerings and promotions.
Solution
Hoopla provides a mobile e-commerce platform designed to streamline the supply chain for traditional retail and OOH businesses. The platform connects these businesses directly with manufacturers and distributors, enabling them to order a wide variety of products, from food to cosmetics, in quantities that match their immediate needs. Hoopla offers same-day or scheduled delivery via its own logistics network, eliminating the need for retailers to leave their stores for restocking. By digitizing the sales process and providing real-time performance tracking, Hoopla empowers both suppliers and retailers to optimize their operations and reduce costs.
Target Audience
Hoopla primarily targets small to medium-sized traditional retail outlets and out-of-home consumption points, such as convenience stores, cafes, and restaurants, as well as manufacturers and distributors looking to expand their reach to these channels.
Features
- Mobile application for iOS and Android, providing a user-friendly interface for browsing and ordering products.
- Access to over 1200 products across various categories, including food, cosmetics, and consumables.
- Same-day delivery service using Hoopla's own vehicles and delivery personnel.
- No minimum order requirements, allowing businesses to order only what they need.
- Multiple payment options, including credit card, bank transfer, and cash on delivery.
- Digital platform for suppliers to showcase new products, promotions, and manage their distribution.
- Real-time performance tracking and analytics for both retailers and suppliers.