00:00At its simplest, Vendar is the technology that lets a local business sell online without building a website, hiring a
00:09developer, or joining a crowded market space app.
00:13Each business gets its own page carrying its own name, logo, and colors.
00:18Instead of advertising the pictures of the product that you're selling, you would advertise your link.
00:23A person will be able to click on the link, see the product that they want, if it's food or
00:28a retail product or whatever.
00:30They'll be able to pay for it, either through the banking transfer, or they could decide to pick up which
00:38would be a cash transfer.
00:40Mr. Alonzo said one feature of the app makes acquiring a loan easier, with recorded accounting transactions accessible towards automatic
00:50saving and printing options.
00:52We have an accounting piece tied into the app, where they could be able to keep a record of every
00:58transaction that they make,
01:00so that when they go to the bank for a loan, they could show the bank that, listen, this is
01:03how much business I'm doing when the month comes,
01:05and they have a professional CSV that they could hand to the bank, which will give them a source of
01:12funds.
01:13Mr. Alonzo's father, Wayne, said the app can reduce touting of reef tour clients at Tobago's popular beaches, with bookings
01:23beforehand now seamless.
01:26If I were coming to Tobago with my family and I had an opportunity to order my tickets before getting
01:32here,
01:33without having to confront that sort of aggressive behavior, fighting for business,
01:38and from what I was discussing with him, it doesn't take away the business from these young men.
01:46The difference is that you're scaling up to the point where they can also have a device.
01:51Elizabeth Williams, TV6 News.
Comments