- Startups - SendGrid Startup of the Week #5 - Nate Stewart of ZingCheckout

TL;DR

Zing Checkout is a web-based point of sale system that aims to redefine retail by offering flexibility, capability, and compatibility across all devices.

Transcript

bandwidth provided by liquidweb.com hey everybody hey everybody it's jason calacanis and this is the sendgrid startup of the week yes every week we cover a promising new startup and this week it's zing checkout and zing checkout is doing some awesome stuff in the pos space stick with us you can hear all about it hey everybody i like that nice sendg... Read More

Key Insights

• 😲 Zing Checkout offers a web-based point of sale solution that runs on any device, providing flexibility and compatibility for businesses.
• 🧑‍💼 The platform aims to differentiate itself from competitors by offering more extensive features and capabilities, such as back-office functionality and customizable reporting.
• 👨‍💼 Zing Checkout targets companies with real revenue and specific business needs, providing a solution that caters to both established and growing businesses.
• 😥 Pricing is a significant advantage for Zing Checkout, with a subscription-based model that offers unlimited devices at an affordable rate compared to traditional point of sale systems.
• 😲 Zing Checkout is exploring partnerships with payment gateways and independent sales organizations to expand its distribution and reach more merchants.
• 🌥️ The company prioritizes customer satisfaction and aims to provide a superior customer experience compared to larger competitors.
• 😮 Zing Checkout's product-focused team is impressing investors and customers with their ability to create a robust platform with minimal investment.

Questions & Answers

Q: How does Zing Checkout differentiate itself from Square?

Zing Checkout offers greater flexibility and capability with the ability to run on any device, making it suitable for growing businesses with specific back-office needs. It also provides a wider range of features, including inventory management and reporting.

Q: What is Zing Checkout's target market?

Zing Checkout aims to serve companies with real revenue and specific business needs, such as tracking employees and analyzing sales data. It caters to a wide range of businesses, including retail establishments and restaurants.

Q: How does Zing Checkout compare in terms of pricing with traditional point of sale systems?

Zing Checkout offers a subscription-based pricing model, starting at $49 per month per location, with unlimited devices. This is significantly more affordable compared to traditional point of sale systems that charge per register, which can range from $1,400 to $3,000 per register per month.

Q: What is Zing Checkout's strategy for competing against larger companies like Square?

Zing Checkout focuses on offering a more personalized and responsive customer experience compared to larger competitors. They emphasize their ability to deliver excellent customer support and listen to their customers' needs.

Summary & Key Takeaways

• Zing Checkout is a web-based point of sale system that runs on any device and aims to redefine retail.

• The platform offers flexibility and capability for both back-office operations and front-end sales.

• Unlike competitors like Square, Zing Checkout allows users to run reports and send them from any internet-capable device.