Funding
Funding not disclosed
Founders
Product
Problem
Local businesses often struggle to compete with larger chains due to limited marketing budgets and difficulty reaching local customers. Consumers, in turn, may miss out on unique local deals and opportunities to support their community's economy.
Solution
Local Pegs is a mobile application designed to connect consumers with local businesses, fostering community engagement and economic growth. The platform enables businesses to offer dynamic discounts and promotions to local residents, attracting customers during quieter periods and building lasting relationships. Consumers can easily discover these offers, make secure payments, and support local charities through integrated donation features. Local Pegs also provides businesses with tools for online storefronts, targeted marketing, and streamlined transaction processing, creating a circular economy where locals support locals.
Target Audience
Local Pegs targets local businesses seeking to increase their visibility and customer base, as well as residents looking for exclusive deals and a convenient way to support their community.
Features
- Dynamic discount setting, allowing businesses to adjust offers based on inventory or seasonal needs
- Built-in terminal for seamless in-store payments via QR code scanning
- Online storefront creation for businesses to sell products and services directly within the app
- Localized social feed for businesses to share updates and promotions with the community
- Push notifications for targeted communication with local customers
- Integrated donation features to support local charities with each purchase
- POS integration for businesses with higher transaction volumes
- Staff access management for secure control over admin accounts