State Farm Presentation20110523


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State Farm Presentation20110523

  1. 1. OOP Car Repair Estimates by Photo & Video Upload POWERED BY
  2. 2. The CURRENT State Farm Method for an Out of Pocket Repair: OUTDATED <ul><li>Your client is referred to a DRP shop with a quality guarantee – that IS helpful, and the leads are shared </li></ul><ul><li>But your client still worries : </li></ul><ul><ul><li>Was I just encouraged to a more expensive repair? </li></ul></ul><ul><ul><li>Was I just steered to a shop that gives State Farm kickbacks? </li></ul></ul><ul><ul><li>Don’t I still have to drive around town to compare estimates? </li></ul></ul><ul><ul><li>Maybe there is some shop that has the same quality but is better suited for my particular location or needs? </li></ul></ul>
  3. 3. Now you can provide even greater assistance to your client! <ul><li>Why not enable a competitive bid by using photos for cosmetic out of pocket repairs?! </li></ul><ul><li>Consumer uploads photos and shops are allowed to compete for the work virtually. </li></ul><ul><li>Consumer gets convenience, quality, and confidence in the cost of the repair. </li></ul>Only State Farm approved shops invited to participate & they lease the equipment necessary to make virtual estimates Consumers can now choose among many factors: Quality, Price, Distance, Turn-around time, and Reputation This means greater satisfaction and taking greater responsibility for their own repair
  4. 4. Integrated in State Farm’s UI Integrated Solution
  5. 5. State Farm Look & Feel
  6. 7. Consumer gets choices! <ul><li>Easiest way to get estimates </li></ul><ul><li>View shop photos and features for this repair: </li></ul><ul><li>Car wash </li></ul><ul><li>Rental cars </li></ul><ul><li>Pickup available </li></ul><ul><li>Reputation </li></ul><ul><li>Up to 7 bids – lots of locations to choose from </li></ul><ul><li>Choose which estimate looks best from the comfort of your home! </li></ul>
  7. 8. Double-Win Opportunity <ul><li>Body Shops subscribe to receive State Farm leads but there can be no worry that consumer will perceive “steering” </li></ul><ul><li>Initially $995/year for unlimited bids </li></ul><ul><li>Optional add-on features </li></ul><ul><ul><li>Email marketing program $100/year </li></ul></ul><ul><ul><li>SMS notifications $50/year </li></ul></ul><ul><li>Flexible structure: Service bureau monthly fees, revenue share, and/or creative long-term equity arrangement possible </li></ul>FOR EXAMPLE STATE FARM CAN ASSESS…. MEANWHILE – Consumer takes more responsibility for his own repair
  8. 9. Service Bureau Solution WWW BettyNet Administration For consumers Upload photos View & choose estimates For shops Make estimates Reports & branding Monitor everything Manage data Send email DentBetty DB
  9. 10. Why Not Develop In-House? <ul><li>Cost only born by single client </li></ul><ul><li>Non-obvious technology hurdles you’ll encounter </li></ul><ul><ul><li>Cascading Waterfall Notifications </li></ul></ul><ul><ul><li>Ongoing Administrative functions such as request screening, affiliated upload management </li></ul></ul><ul><ul><li>Mobile applications, new platforms – never ending! </li></ul></ul><ul><ul><li>Scaling, security, and performance issues </li></ul></ul><ul><li>Management Attention: Accountability, Ownership, Documentation & Legacy Issues </li></ul>
  10. 11. Why Partner With DentBetty? <ul><li>Proven working scalable platform. Over 100 shops already using and growing. Three years in development, now ready to scale. </li></ul><ul><li>Recognized Technology Leader – as the leading innovator, we are solving problems that others aren’t even aware exist </li></ul><ul><li>Leverage Scale – as we become the outsource technology partner of choice for State Farm and other kinds of partners, we will continue to reinvest to push the envelope in features and functions </li></ul>
  11. 12. Contact for more info: <ul><li>Andrew Mann , CEO & Founder </li></ul><ul><li>(415) 699-1494 </li></ul><ul><li>[email_address] </li></ul>