Monthly recurring revenue:
We aim to provide consumers with several chargeable options to keep them safe, while allowing the business to become profitable by generating a steady stream of income per month.
During the product installation the consumer will be given two options, free of charge or a chargeable option.
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If the consumer selected the free of charge option, the system will allow for two emergency contacts mobile numbers to be added into the system.
If the consumer selected a chargeable option, the system will then display two further options.
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First option is to increase the number of emergency contacts of up to ten numbers for a set fee per month.
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Second option is to incorporate a security company to be contacted from a list of security companies of whom we have leased our software for a set fee per month.
We believe providing consumers with the latter option will have widespread appeal, as it offers the user additional peace of mind to know that if their emergency contacts are unable to answer the phone promptly in an emergency, perhaps due to a bad phone signal or the phone being on silent, then the dedicated security company will respond and, following their assessment of the situation, will either contact the police or send a mobile patrol officer to investigate.


