Wednesday, February 17, 2016

PandaSave


PandaSave will provide a mobile app of the same name to help people save money on groceries.  How often do you go to the store and buy food that you think is reasonably priced, and then when you go to another store a day or two later, and realize you could have saved fifty cents or a dollar by buying the same item there instead?  That may not sound like much, but it all adds up!  PandaSave would allow you to compare the price of an item to other stores in the area, for a cost.  Users can choose to pay a microtransaction, or use credits which are earned by scanning prices of items in the store into the online database.  This would be how PandaSave obtains and maintains their database of items and their prices.  When there is a high demand for item prices in certain areas that PandaSave doesn't have data, or the data is too old, users who want to make a little bit of money can submit these prices for special credits which can be exchanged for money.

The app will cost $5.99 to purchase, and microtransactions will cost 10 cents.  It's estimated to sell 500 apps in the first quarter, and 10,000 in the first year.

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