Phil Alexander

Sure.

So concept drop is a marketing platform that allows businesses to have presentations and marketing material designed while they sleep.

So no more design contests or wasting hours combing through a ton of applications on freelancer sites for a short project.

Instead, what we do is we match everyday marketing projects like presentations and one pagers to top flight designers and

through a series of advanced algorithms and integrations to everyday software, like PowerPoint, for instance.

So we are a Chicago-based company.

We're actually servicing over 300 leading brands

And we're set up as a marketplace.

So we're making money from essentially taking a cut of every single project and then paying out the rest to different independent contractors.

Yeah.

So the suppliers are kind of a global network of elite creative professionals.

So we actually vet them and we have a small group of freelancers that are working on projects actually based on fit.

So for instance, if it's like 11 at night and you say, I need a one pager by tomorrow, we can give you someone who might be in London, giving them a headstart on tomorrow's design, but they also have been vetted to have industry experience in your area of business.

And obviously it's

So basically, we are setting the prices.

So it's fixed prices from both sides.

And we're providing the offers to the independent contractors who can then accept or pass on the project based on the price point.

But they're not competing with other suppliers to win that project.

We're actually making them the offer, providing the details, and then they can take a look and see if it fits with their project.

The average buyer, we actually work mostly with middle market and larger enterprises.