Preo is a live event commerce platform that enables suppliers to sell products and services both online and onsite, utilizing features like central inventory management and mobile payment solutions. It addresses the challenge of limited revenue streams for event organizers by facilitating pre-orders, rentals, and merchandise sales beyond traditional ticketing.
Funding
Funding not disclosed
Founders
Product
Problem
Live event organizers and suppliers face challenges in maximizing revenue streams beyond traditional ticketing, particularly in managing pre-orders, rentals, and merchandise sales both online and onsite. Existing systems often lack integrated inventory management, mobile payment solutions, and the ability to offer circular services, limiting potential earnings and operational efficiency.
Solution
Preo offers a live event commerce platform that enables suppliers to sell products and services online and onsite, expanding revenue opportunities for event organizers. The platform provides tools for pre-orders, rentals, and merchandise sales, featuring central inventory management that synchronizes online and onsite operations. Mobile payment solutions, including tap-to-pay functionality on iOS and Android, facilitate seamless transactions. Preo also supports advanced product lifecycles and built-in deposit paybacks, enabling circular services and sustainable practices. The platform integrates with existing shopping systems via web and app, offers commerce ticketing capabilities, and provides a wallet for iOS and Android users.
Target Audience
Preo targets event organizers and suppliers looking to streamline commerce operations and increase revenue through pre-orders, rentals, and merchandise sales, both online and onsite.
Features
- Centralized inventory management across online and onsite sales channels
- Tap-to-pay functionality for iOS and Android devices
- Integrated shopping experience via web and app
- Commerce ticketing capabilities
- Mobile wallet for iOS and Android
- Scanner tool compatible with personal devices
- Built-in deposit payback system for rentals
- Offline mode for uninterrupted operation during network outages
- Instant transaction reports and audience engagement metrics
- Revenue sharing capabilities with partners