â˜€ï¸� [ANN] â˜€ï¸� reOrder Gateway - USA, NY based Startup|MVP - Nov. 7th - page 34.

Shilnov

member

Activity: 112

Merit: 10

Quote from: Bambulee on November 06, 2017, 07:07:05 PM

Quote from: cmg12 on November 06, 2017, 06:26:00 PM

Quote from: martinholly167 on November 06, 2017, 06:21:07 PM

Quote from: Trrrt on November 06, 2017, 06:13:47 PM

Yes the optimisation that reorder will offer to restaurant will be well adopted I think, only benefit for them. I’m impatient to see the first try of the project in a restaurant.

I think that will happen in the next year Grin

Need to be more patient

Patience is hard when there are so many interesting projects

it is

how reOrder will make marketing in new york?

Making personal connections with owners and managers. It's not a big problem to make it if you have right product

lobat999

sr. member

Activity: 1078

Merit: 310

Quote from: Shilnov on November 06, 2017, 09:51:37 AM

Quote from: lobat999 on November 06, 2017, 08:34:33 AM

Quote from: the_donald on November 06, 2017, 01:24:11 AM

Quote from: Yasemin on November 06, 2017, 12:28:15 AM

If restaurants dont need to pay for the terminal, that is a huge plus. I can see why they need an initial investment if they are going to pay for all the costs!

if they don't need to pay for the terminal, that's a huge boost. currently restaurants use outdated and refurbished technology a lot of the times, so this should have a competitive advantage.

After installation, my question is, will support and maintenance for such hardware and software be still free?

Absolutely free. Everything free for business owner

If this is the case, I would assume you will be setting up manpower for maintenance and support and it will be for the long term. I'm just wondering where will you get enough funds for that long term endeavor?

Shilnov

member

Activity: 112

Merit: 10

Quote from: magisterr on November 06, 2017, 07:11:54 PM

Quote from: Shilnov on November 06, 2017, 11:12:23 AM

Quote from: RebelAngel on November 06, 2017, 11:11:00 AM

Is reOrder Terminal already completed and available? Not only as demo version. Roll Eyes

Yes Sir! It was installed and tested in couple restaurants already

In which restaurants your terminals working already? This with cryptocurrencies or only fiat working right now?

Currently we can accept fiat. But system was designed very flexible so it's not a problem to implement crypto in the future

toolucky98

full member

Activity: 490

Merit: 100

Quote from: magisterr on November 06, 2017, 07:11:54 PM

Quote from: Shilnov on November 06, 2017, 11:12:23 AM

Quote from: RebelAngel on November 06, 2017, 11:11:00 AM

Is reOrder Terminal already completed and available? Not only as demo version. Roll Eyes

Yes Sir! It was installed and tested in couple restaurants already

https://ico.reorder.world/announce/IMG_9743.jpg

In which restaurants your terminals working already? This with cryptocurrencies or only fiat working right now?

Dont know which restaurant, but they are ready for fiat

Quote from: Shilnov on November 03, 2017, 07:56:25 PM

Quote from: cantdecide on November 03, 2017, 07:55:27 PM

Hey,

I read through your whitepaper fast now, because I don't have so much time, need to do it later again.
Is your terminal just for crypto-based payments or also for fiat payments?

Ready for fiat right now and we will implement crypto

magisterr

sr. member

Activity: 1372

Merit: 259

Quote from: Shilnov on November 06, 2017, 11:12:23 AM

Quote from: RebelAngel on November 06, 2017, 11:11:00 AM

Is reOrder Terminal already completed and available? Not only as demo version. Roll Eyes

Yes Sir! It was installed and tested in couple restaurants already

In which restaurants your terminals working already? This with cryptocurrencies or only fiat working right now?

Bambulee

sr. member

Activity: 532

Merit: 297

Quote from: cmg12 on November 06, 2017, 06:26:00 PM

Quote from: martinholly167 on November 06, 2017, 06:21:07 PM

Quote from: Trrrt on November 06, 2017, 06:13:47 PM

Yes the optimisation that reorder will offer to restaurant will be well adopted I think, only benefit for them. I’m impatient to see the first try of the project in a restaurant.

I think that will happen in the next year Grin

Need to be more patient

Patience is hard when there are so many interesting projects

it is

how reOrder will make marketing in new york?

cmg12

full member

Activity: 280

Merit: 106

Quote from: martinholly167 on November 06, 2017, 06:21:07 PM

Quote from: Trrrt on November 06, 2017, 06:13:47 PM

Yes the optimisation that reorder will offer to restaurant will be well adopted I think, only benefit for them. I’m impatient to see the first try of the project in a restaurant.

I think that will happen in the next year Grin

Need to be more patient

Patience is hard when there are so many interesting projects

martinholly167

sr. member

Activity: 658

Merit: 250

Quote from: Trrrt on November 06, 2017, 06:13:47 PM

Yes the optimisation that reorder will offer to restaurant will be well adopted I think, only benefit for them. I’m impatient to see the first try of the project in a restaurant.

I think that will happen in the next year Grin

Need to be more patient

Trrrt

full member

Activity: 448

Merit: 107

Yes the optimisation that reorder will offer to restaurant will be well adopted I think, only benefit for them. I’m impatient to see the first try of the project in a restaurant.

martinholly167

sr. member

Activity: 658

Merit: 250

Quote from: sockpuppet1911 on November 06, 2017, 04:50:00 PM

Quote from: FIEX on November 06, 2017, 02:06:34 PM

Quote from: bitcoin-shark on November 06, 2017, 01:51:19 PM

wow last generation terminal already installed and tested in a few restaurants the project is already at a good point and will have a great future...

Lets hope!
This can be a great succes. Really hope they can make this project work.
Keep it up guys, cant wait to see a video in a restaurant where people use the terminal

After seeing the demo i really don't understand how could they not make that work. It's simple as it could get, and it totally breaks down the language barrier that i had while travelling and trying to order vegetarian food. After trying for a while I just ordered beer because of pure frustration.

Also this will be very helpful to some restaurants that is short of employees and very crowded of visitors.

FIEX

sr. member

Activity: 630

Merit: 276

Very nice to see those pictures!
Always great to see some demo's. You guys are doing great

Keep those updates coming! Love it
Keep it up!

Bambulee

sr. member

Activity: 532

Merit: 297

Quote from: Shilnov on November 06, 2017, 05:05:46 PM

Quote from: Vansire on November 06, 2017, 04:52:44 PM

In many restaurants 100% of tips go to staff not owner. If it's automatically going to the owner it's called a service charge which is considered restaurant income. If you're really talking about staff tips doesn't that mean staff's going to pay the reOrder convenience fee?

All tips will go to staff is it was before. But in our case part of the waiters work will be automated so their tips going to be lower. Convenience fees is separated form tips. Customer pays tips+fee

Cool and good to know how the system works.
For the tip is also a fee. Great

Shilnov

member

Activity: 112

Merit: 10

Quote from: Vansire on November 06, 2017, 04:52:44 PM

In many restaurants 100% of tips go to staff not owner. If it's automatically going to the owner it's called a service charge which is considered restaurant income. If you're really talking about staff tips doesn't that mean staff's going to pay the reOrder convenience fee?

All tips will go to staff is it was before. But in our case part of the waiters work will be automated so their tips going to be lower. Convenience fees is separated form tips. Customer pays tips+fee

lvsca

sr. member

Activity: 1792

Merit: 293

👉bit.ly/3QXp3oh | 🔥 Ultimate Launc

Quote from: SEELE^^01 on November 06, 2017, 04:20:41 PM

well nice to see that there is already a working version and that on an ipad. i think the app would even run on the first gen ipads, so it would be much more cheaper

i should try this one. but, is it planned working on android device?

tiger5056

hero member

Activity: 686

Merit: 500

this is interesting concept. like project. is this going to be start in specific region only?

Vansire

full member

Activity: 238

Merit: 102

In many restaurants 100% of tips go to staff not owner. If it's automatically going to the owner it's called a service charge which is considered restaurant income. If you're really talking about staff tips doesn't that mean staff's going to pay the reOrder convenience fee?

sockpuppet1911

sr. member

Activity: 994

Merit: 278

Quote from: FIEX on November 06, 2017, 02:06:34 PM

Quote from: bitcoin-shark on November 06, 2017, 01:51:19 PM

wow last generation terminal already installed and tested in a few restaurants the project is already at a good point and will have a great future...

Lets hope!
This can be a great succes. Really hope they can make this project work.
Keep it up guys, cant wait to see a video in a restaurant where people use the terminal

After seeing the demo i really don't understand how could they not make that work. It's simple as it could get, and it totally breaks down the language barrier that i had while travelling and trying to order vegetarian food. After trying for a while I just ordered beer because of pure frustration.

Shilnov

member

Activity: 112

Merit: 10

Quote from: haxllega on November 06, 2017, 03:07:37 PM

Quote from: cantdecide on November 06, 2017, 07:27:25 AM

Quote from: toolucky98 on November 06, 2017, 05:36:48 AM

Quote from: levyashin on November 06, 2017, 04:19:37 AM

Quote from: cantdecide on November 06, 2017, 03:42:28 AM

so your partnered restaurants don’t need to pay for the hardware in the end, which will be ipads probably + the extension. How do you make enough money over time to pay all the hardware etc.? Just from the ICO income? What does the restaurants pay monthly, yearly?

It is not logical to gather money only Ico. After some time it will finish, so they need regular income.

Because of terminal and installation is free, income method can be one of two or both methods. Monthly, yearly fees or commission on sales.

Just from the ICO income? Here is their revenue :

Quote

After the implementation of the project (beginning of 2018), the Company expects to profit from the following sources:
Convenience Fee – making profit at a fixed rate of $1 from each receipt (approx. 25% of all profits)
Payment processing – making profit from agent payouts for each transaction (approx. 2.5% of all profits)
Advertising – broadcast of promo videos, banners, alcohol e-catalog (approx. 25% of all profits)
Loyalty cards – the issue of pre-paid cards for payments in restaurants and stores (approx. 47.5% of all profits).

Ah thanks for the info. I was like "wtf, how can they make money when they give away their stuff for free" but of course I could have thought about advertisment etc.

But on the other hand, the "Convenience Fee" seems a bit high, or am I wrong? They want to help smaller restaurants etc, but if the owner has to pay 1$ each time they sell a dish, it could be a lot of money for the restaurant owner. Smaller restaurants often struggle with their prices because they can't be too expensive I think. If you take now 1$ from their incoming money from one dish...

Maybe the devs should think about it twice 1 $ from a single dish is a lot for a small restaurant with low profits. Maybe a certain percentage of the price of a dish would be better.

Once again. We not going to charge business owner for $1 per each order.
Convenience Fee have to pay customer.

Lets count:
average receipt: $25
5% tips is $1.25
Convenience Fee $1

So instead of paying 20% tips from $25 ticket customer pays $2.25 which is about 10% on top

Elkmar

full member

Activity: 294

Merit: 100

Quote from: Cauchy on November 06, 2017, 04:26:14 PM

Is there any competive benchmark where reoreder is measured against (if any) existing bc Projects or already existing (non bc) providers?

I think it could compare to ERPs, but reOrder seems way more complete and powerful.

Cauchy

full member

Activity: 364

Merit: 100

Is there any competive benchmark where reoreder is measured against (if any) existing bc Projects or already existing (non bc) providers?

Topic: â˜€ï¸� [ANN] â˜€ï¸� reOrder Gateway - USA, NY based Startup|MVP - Nov. 7th - page 34. (Read 23727 times)