NOQ

Idea

Introduction

NOQ solves the issue of queuing at events by bringing digital ordering to the industry.

We are much more than a cashless and contactless payment system. NOQ provides a safer, more enjoyable experience. Increased sales and profit for events, with clearer, sharper insights.

Our Past and Future:

In our first year of operations (2020), we focused predominantly on F&B ordering.

Our aim is to scale across other revenue streams in 2021, providing a suite of services such as access to schedules, tickets sales, merchandise ordering and in-app advertising.

UK Events Industry:

We are well placed within the events industry to capture UK market share through partnerships with Event Management Companies, Food Concession Groups, POS Systems and WiFi providers.

How it Works:

NOQ offers 3 solutions. Pre-order ahead of time, click & collect or delivery to a location within the event.

Operationally, we provide a bespoke solution specific to suit the needs of each event and ensure seamless execution.

Monetisation strategy

- All customers who place food & beverage (F&B) and merchandising orders via the NOQ app at events will be subject to a service fee per transaction.

- Day-to-day event caterers use our app as a takeaway solution. Customers pay a service fee per transaction.

- Partnership with POS provider leads to revenue shares from all in-person sales made through cashless payments.

- We are building a space for in-app advertising within events allowing sponsors to showcase their brand to customers at the event.

- We believe promotions and adverts in the marketplace will lead to ticket sales ahead of events.

- NOQ will introduce preferred WiFi and Food Concessions lead to revenue kick backs as we introduce them to events we operate in.

- We believe additional services such as ticketing and data insights will enhance our monetisation strategy.

- After scaling in the UK, we will look to expand across other geographic locations and licensing our capabilities.