Online electronic disruptor platform, instaENG is reporting massive success, following its latest exhibit at the recent Retail Risk London 2021 event in London, United Kingdom. Security bid platform The security bid platform demonstrated to attendees how customers can use this revolutionary platform to post jobs in specialties, such as CCTV, intruder alarms and fire systems, which businesses or sole traders can then directly bid for. Tastefully brought to life with giveaway dinosaur stress balls and a live performance, instaENG showcased how ‘industry dinosaurs are continuously ripping off customers’ and refusing to change antiquated working practices by still routinely marking up jobs by 30 per cent. Efficient process of awarding security work Unsurprisingly, the brand’s presence at Retail Risk event has created a massive buzz The team onsite successfully showcased how instaENG has completely democratized the process of awarding security work, making it leaner, more efficient, and transparent. Unsurprisingly, the brand’s presence at Retail Risk event has created a massive buzz, sparking interest from new customers across all industries including retail, manufacturing, and property management. Manufacturers interested in instaENG platform David Stubbs, the Co-Founder of instaENG said, “It has been really encouraging to see the huge interest in our platform and we are delighted that multiple manufacturers have expressed intent to trade with the instaENG community as a combined group. This means that all of our regional suppliers will soon benefit from the discounts normally enjoyed by only the dominant dinosaurs. It’s an exciting development for us all.” David Stubbs adds, “It’s clear that bringing something so different to market has its challenges, so it’s very comforting to have forward thinking brands like Travis Perkins, David Lloyd and Kiasu on our journey with many more waiting for contracts to expire. Over 1500 jobs completed, not one specification visit and not one dispute. It’s incredible statistics and within an average of over 30 per cent saving for the same kit, I’m sure that many more savvy retailers and corporates will join us soon.” Blue-chip brands sign up The entirely online platform has already signed up more than 55 suppliers, including several blue-chip brands, since launching in January 2021. With 98 per cent UK postcode coverage, the platform has more than 50 jobs allocated through the site every week.
A disruptor platform that aims to revolutionize the electrical security industry has launched a scathing attack on big business “dinosaurs”, accusing them of ripping off customers and refusing to change antiquated working practices. instaENG is an electronic security bid platform and allows customers to post jobs in specialties such as CCTV, intruder alarms, and fire systems which businesses or sole traders can then bid for directly, democratizing the process of awarding work and making it leaner, more efficient, and transparent. The entirely online platform, which has already attracted several blue-chip brands since launching in January, says the rest of the industry is being left behind by refusing to evolve. Eliminating supply chains Co-founder David Stubbs said the success of instaENG has helped eliminate opaque supply chains in the sector and ensures engineers receive a higher income, while customers pay a lower price. But he said the largest firms in the industry were still routinely marking up jobs by 30 percent to outsource to sub-contractors and applying extra charges for unnecessary specification visits. Purchasing in the electrical industry “The electrical security industry is the most technologically advanced in our sector but the purchasing procedures have not changed at all,” David said. “It is an antiquated, closed-shop process where the industry dinosaurs are holding on to a margin which virtually every other sector has let go of. We can confidently say we are an alternative to the dinosaurs of this industry.” “We have to ask the question, ‘why is it the prehistoric large security firms haven’t developed their purchasing procedures for the electronic security sector?’. The answer is simple – they’re making far too much money to consider doing it.” Providing alternatives Our message to customers is simple – we know you are not happy with the status quo and there is an alternative " “Do buyers really trust the internal ‘helpdesk’ of an external supplier which is financially rewarded for delivering against their specifications? We’re confident they don’t.” “Our message to customers is simple – we know you are not happy with the status quo and there is an alternative.” SaaS platform The software as a service (SaaS) platform has been working with Travis Perkins and its associated brands Toolstation, Keyline, and Benchmarx since its launch and is processing hundreds of jobs on its behalf every month. David said the success of the platform with companies of this standing should alert the procurement departments of similar blue-chip businesses. He added, “instaENG is a unique offering which eliminates the margin from the dominant security providers. We are sure that a platform which is working for the likes of Travis Perkins and Toolstation will have equal appeal for other blue-chip brands in the UK.” instaENG is attending the Retail Risk event in London on Thursday (July 22) to demonstrate the platform, which includes a new smartphone app developed for Android and iOS.