Email
Like
Liked ×
Save
Private Content
Embed
Loading embed code…
We have emailed the verification/download link to "".
Login to your email and click the link to download the file directly.

To request the link at a different email address, update it here. Close
Validation messages. Success message. Fail message.

Check your bulk/spam folders if you can't find our mail.
Loading

+ Follow

Privy - Marketing Automation for Storefronts - Demo Day

by 500 Startups on Feb 05, 2013

2,563 views

www.getprivy.com

www.getprivy.com

Privy is a customer acquisition and retention solution for multi-unit local businesses.

Accessibility

View text version

Upload Details

Uploaded via SlideShare as Microsoft PowerPoint

Usage Rights

File a copyright complaint

5 Embeds 104

https://twitter.com	75
http://eventifier.co	25
http://www.eventifier.co	2
https://twimg0-a.akamaihd.net	1
https://si0.twimg.com	1

Statistics

Likes: 5
Downloads: 27
Comments: 1
Embed Views: 104
Views on SlideShare: 2,459
Total Views: 2,563

1–1 of 1 previous next

Lyon Pugh http://www.indiegogo.com/SUNGLASSESVEGAS/x/1876002 Wear Vegas Sunglasses and take a look at the world: there is someone who needs you! From you backer to american’s Children: join our cause and help them. 4 months ago
Are you sure you want to

Ben Jabbawy – founder and CEO of Privy.
The average storefront is spending 10 -15,000 dollars a year on advertising. I know because I grew up in a family with two small businesses owners, and watched them waste tons of money on Yellow Pages and other crappy services with no clear outcome. If you ask any of them how many customers they get, they literally have no idea.
With Privy, there’s never a doubt. We deliver customers, not clicks. In fact, 30% of the leads we generate walk into our merchant locations and spend real money.
And merchants are certainly willing to pay for customers. On average, our merchants pay us $3,000 per year and we recoup the cost to acquire our merchants in the first 3 months of beginning a recurring subscription
So how does it work. From start to finish, the process takes 2 clicks. All a business needs to do is upload their specials
And set their advertising budget. That’s it
Behind the scenes we use the specials to automate ad buys across search, social and mobile and interested consumers can redeem the specials in-store using their phones, fully closing the loop
Our results are focused on customers, not clicks –merchants can easily understand how many customers they got, wether they’re new or repeat, where sales came from, customer names and email addresses for remarketing, and whether or not they came in to one of their locations and spent real money
Take Jonathan – the owner of Stone Heartth. He’s our sweet spot customer. Multi unit operator with 4 locations, money to spend, but doesn’t know what to doSo far, We’ve driven 480 customers at an average visit of $25 which nets $12K in revenue. At a cost of $400 a month for 6 months, that’s a total of $2,400 paid to Privy. Thats a 5X ROI. Jonathan’s pumped because now he can focus on what he really likes to do – making awesome pizzas
Since october, with one inside sales person, we’re doing $100,000 in annualized subscription revenue.
In 12 months with 3 inside sales people, we’ll be generating $1.7 M in annual revenue across 330 merchants and our average subscription will climb to over $4,000 per year
We’re currently raising a million dollar seed round of which $800K is already spoken for. We’re bringing together the best in the industry including founders and execs from homestead,Hubspot, Wildfire, and constant contact.
If you want to help close the loop in local merchant advertising, come talk to the guys in yellow shirts: Founders @getprivy.com

5 Likes

ruzz 3 months ago
Seth Berman, Director, Global Marketing and Startup Mentor at BabyCenter and 500 Startups 4 months ago
masikbazar.com 4 months ago
Mimi Wu at anjuke 4 months ago
Kelly Schwedland, Entrepreneur-in-Residence at Elevate Ventures 4 months ago

Privy - Marketing Automation for Storefronts - Demo Day Presentation Transcript

getprivy.com | @getprivy | angel.co/privyAutomated Customer Acquisition for Storefront Businesses
getprivy.com | @getprivy | angel.co/privy$15,000 = Customers?
$1 Off Small PizzaExpires January 31, 2013
getprivy.com | @getprivy | angel.co/privy Merchants pay us $3K per yearCost to acquire paid back in 3 months
getprivy.com | @getprivy | angel.co/privy
getprivy.com | @getprivy | angel.co/privyWe Automate Ad Buys
getprivy.com | @getprivy | angel.co/privyJonathan, Owner
getprivy.com | @getprivy | angel.co/privyAnnualized Subscription Revenue $100,000 $6,000 October November December January
getprivy.com | @getprivy | angel.co/privy$1,700,000 in revenue 330 merchants $4,200 per year
Raising $1M - $800K CommittedJustin Kitch, Founder Mike Volpe, CMOJohn Dais, VP Finance Randy Parker, Founder
getprivy.com | @getprivy | angel.co/privyfounders@getprivy.comBen Jabbawy Jake Cohen

Privy - Marketing Automation for Storefronts - Demo Day

by 500 Startups on Feb 05, 2013

Accessibility

Upload Details

Usage Rights

5 Embeds 104

Statistics

Privy - Marketing Automation for Storefronts - Demo Day Presentation Transcript

Let LinkedIn power your SlideShare experience

Let LinkedIn power your SlideShare experience

Customize SlideShare content based on your interests

Keep up to date when your LinkedIn contacts post on SlideShare