Yourspot Tech
Date of Foundation
2020

Yourspot Tech

Revolutionizing Wi-Fi Monetization Services

The Idea origin story

We offer a plug and play monetization solution for your Wi- Fi hotspots

The Mission

"Empowering Wi-Fi hotspot providers to monetize seamlessly with our plug and play solution."

Clients

Any wifi operator offering public wifi

Problems we solve

Client’s problem

Your startup can solve the problem of revenue generation for Wi-Fi operators, enhance customer engagement through ads and promotions, secure internet access control, and offer useful analytics to understand user behavior better.

Confirmation of problem

most public Wi-Fi hotspots do not generate revenue, despite high maintenance and operation costs.

Solution

"We offer a plug and play solution for Wi-Fi hotspots. Our proprietary ad mechanism ensures high fill rates, maintaining your hotspot's current functions while inserting ads pre/post-login."

Our technologies

This solution is based on technologies

Google Admanager, Cloudflare, Google Ad exchange, Taboola

How it works

This is achieved by the Yourspot technology deployed within your managed network environment to various Wi-fi hotspots.

Value for the client

Transforms Wi-Fi hotspots into value-adding, customer-engaging, revenue-generating assets. Simplifies management and ensures profit growth.

Market and strategy

Market size

100

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

20

% of the market

Is our goal in the next 3 years

Team

My name’s

Johan van wyk

My key role in the product

My key role is CEO and I'm responsible for setting strategy, leading the team, securing funding, and overseeing all operational activities.

Team size and key members

A Chief Financial Officer for managing finances, a UX/UI Designer to create intuitive products, and a Business Development Manager to drive growth.

Competitors

Competitors

All other competitors offer the technical Capabilty to serve ads to Wi-Fi users but none offer the actual ads that are required. The closest competitors would be Cloud4wi, PurpleWiFi, Linkyfi

Our Advantages

Leverage our IAB-accredited ad management platform, while maintaining control over premium campaigns. Our Ad Monetization service supplements your existing hotspot setup without forfeiting any functionality. Boost your operations with professional tools designed for growth.

Business model

We split ad revenue 50/50 with operators. Basic service is free while custom integrations cost $15 per hotspot/month. Advertisers largely fund us.

Traction

Since inception, our service is now incorporated in 70+ shopping centers, delivering encouraging outcomes with select malls experiencing up to a $1500 monthly profit surge.

The company is on a progressive trajectory towards generating substantial profits.

Metrics

Despite a significant surge in daily ad requests from 150,000 to 400,000, we've effectively maintained an impression fill rate of approximately 80%. In parallel with these developments, our eCPM rates have held steady while successfully assimilating more programmatic advertising sources monthly.

Experiencing a substantial growth, our ad revenue soared from $10,000 in January to an impressive $40,000 by June. This indicates a robust 300% increase within the first half of the year.

Incorporation

Our company incorporated in

United Kingdom

Key risks

Some main risks for your startup could include rapid changes in technology, competition from other similar services, user privacy concerns related to ad serving, legal issues arising due to improper ad content or placement and potential difficulties in achieving a consistent revenue stream.

Investments

$

100000

We raised investments

Our Investors

Myself

Rising Investments

$

2000000

Currently, we are raising investments

$

500000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

Read

Additional information

Our product is widely adopted, with presence in all key PRASA train stations, prominent taxi ranks across South Africa, over 70 malls and 200 Spaza shops.

Growth