pangea
travel + events brought together
the $800 global meeting industry is plagued by inefficiencies:
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lack of transparency in bidding
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dependence on 3rd parties to aggregate supplier services
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intricacies of events in various jurisdictions
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high markups (15-30%)
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duplication
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hundreds of 3rd party providers that add little value to end users
pangea saas solves this by:
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elimination of broker and 3rd party markups
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reduction of process and operational duplication
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reduced dependency on highly paid sales sales staff
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price transparency
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bidding platform increases supplier competition
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provides a platform for all suppliers to bid on a program
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consistent and safe global payments
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integration of smart contracts
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reduction and eventual elimination of commissions paid by hotels and vendors
current market providers
Enterprise
revenue model:
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fixed % charge (3-5%) for all services bid/booked/payed/contracted
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vendors/suppliers pay annual fee to be showcased on the platform
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meta data collected to be sold to (governments / wall-street / industry participants)