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iqzone, inc.

Product Name

iqzone

Market Segment

Consumer

Funding

Privately funded by founders, family and friends. May explore additional funding opportunities in 2007 to support upcoming consumer launch.

Competitors

Traditional newspaper and online classifi eds

Product Description

iqzone is the first service for delivering classified advertising via mobile devices. Users can take a photo or video clip, key in a description and upload to iqzone. Ads will be instantly available locally or globally. Sellers control who sees their ads and for how long they can be seen. Buyers can track items by keyword or product category and have alerts sent to their mobile devices. iqzone offers an intuitive experience and can be used for blogging and sharing photos, video and messages.

Market Opportunity

By 2009, the number of camera phones will exceed that of all cameras shipped in the history of photography since the 1800s (Lyra Research). Global camera phone sales will reach 460 million by the end of 2006 and are expected to reach 1 billion by 2010 (Gartner Research). As the quality of mobile phone cameras continues to increase, people will no longer need low-end, stand-alone digital cameras (ABI Research). In 2006, print classified ad revenue totaled $17.2 billion (Newspaper Association of America). Online classified ad revenue in the United States alone will top $3.7 billion in 2009 from $1.5 billion in 2003 (Jupiter Research).

Demo Says

We’d sell more of our stuff through online classifieds if it were easier to create and post a classified ad. Get ready to start selling, because iqzone makes it super easy to put a slick classified ad online, directly from your mobile. iqzone has the opportunity to be a provider to local and global classified sites or become a destination in itself. Either way, consumers will be happy with the result.