SocialBuy Inc.

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I want to invite people who share the same mindset to join my journey.

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  • 日韓人看不懂掏寶 寫中文就好了
  • SocialBuy Inc.

    1. 1. socialBuy.cc (com.tw) socialShopper.cc (com.tw) It’s not a sales pitch. It’s an invitation to you. I want to work with a team whom believe this gonna works. Sincerley, Kimmy; chen.kimmy@gmail.com
    2. 2. My idea is.. <ul><li>Yes, I have this idea for a long time. </li></ul><ul><li>A online shopping/entertainment website </li></ul><ul><li>Aims at bring people out of home to enjoy their local activities in a big-saving way. </li></ul><ul><li>It’s a win-win-win model. </li></ul><ul><li>It encourages consuming in local, reducing the carbon emission by eliminating unnecessary goods shipped. </li></ul><ul><li>It entertains consumers by offering the fun products/services instruction. </li></ul>
    3. 3. I’m not the first one <ul><li>There are couple entrepreneurs having make it work, and so well. See how they combine those ideas into a single platform – GROUPON.COM </li></ul>
    4. 4. You may hear about 百萬團購網 ( 地圖日記 ) <ul><li>Yes, it’s exactly a GROUPON.COM Taiwan version. </li></ul><ul><li>It is just merged by GROUPON.COM </li></ul><ul><li>See the news here: 台灣又一網路公司「地圖日記」,為美國最大團購網站 Groupon 網站併購。購案金額為三百萬美元,折合台幣近一億元 </li></ul><ul><li>http://www.libertytimes.com.tw/2010/new/dec/2/today-e2.htm </li></ul>
    5. 5. AfterGORUPON.COM <ul><li>Through groupon.com is famous in North America, there are #2 and #3 named socialBuy.com and SocialShopper.com </li></ul><ul><li>For me, it’s even more attractive, because it actually aims at leveraging the power of social media. </li></ul>
    6. 6. How “SocialBuy” works <ul><li>Pay attention on the key words “local activities”, “the deal is activated while the deal is good”, and its “methodology for merchants” . </li></ul>
    7. 7. I LOVE IT VERY MUCH becasuse: <ul><li>Group shopping x social media power = organically growing sales. </li></ul>
    8. 8. Group shopping x social media power = organically growing sales. <ul><li>A very simple formula. </li></ul><ul><li>Group shopping brings products providers (hotels, restaurants, movie theatres, concerts etc..) a great volume of consumers. </li></ul><ul><li>A great volume of consumers is borough by the great deal, spread out by Social media power. </li></ul><ul><li>It’s a win-win-win for website owner (you), local shopper owners (restaurant, hotel, massage shop etc..), and consumers. </li></ul>
    9. 9. It’s not just group buying <ul><li>I love this model cuz it brings people out of computers, encourages people going out, not just buying things at home. </li></ul><ul><li>We are selling services, promoting local services. </li></ul><ul><li>We encourage people trying something new, in a big-saving price. </li></ul><ul><li>For example, you want playing paintball with friends, you want to try sky diving, bungee jumping… </li></ul>Trying Laser Tag game
    10. 10. It’s resistant to CHEAP goods importing from developing countries <ul><li>掏寶網來了 , 可以直接用支付寶買到超便宜的東西 , 那些只賣東西的網站便宜得過別人嗎 ? </li></ul><ul><li>No.. </li></ul><ul><li>Check out here http://taipei.kijiji.com.tw/f-Taobao-W0QQCatIdZ501681 </li></ul>WE WONT BE IMPACT CUZ WE SELL THINGS “LOCAL”, WE SELL “SERVICES”
    11. 11. Key expertise to make it successful? <ul><li>Appealing product/service introduction - no bullshit things, just cut to the point. </li></ul><ul><li>AWESOME deals – something you wont find in any other online shopping mall. </li></ul><ul><li>Exceeding-customers’-expectation experience – customers feel being pampered while shopping with us </li></ul><ul><li>Friendly user interface / technology </li></ul>
    12. 12. I also need following expertise to make the business sustainable (1) <ul><li>Nice financial structure – I don’t have finance resource now, so I would rather start it by applying LEAN STARTUP. </li></ul><ul><ul><li>For the time being, I realize how important the “whom you are working with”. I would like to invite people who are passionate about entrepreneurship and willing to committee themselves giving 1 year to this project. And the return will be the shares of this company once it’s incorporated. Therefore, I will need someone who understand how to structure shares for a startup. It will reward people who contribute themselves in this first year. </li></ul></ul><ul><ul><li>It will get involved incorporating companies across different regions, including Korea, Japan, China, Singapore, Hong Kong, and Taiwan. </li></ul></ul><ul><li>Frankly speaking, I need Corporate Finance guys or Accountants . </li></ul>
    13. 13. Potential customers’ profile <ul><li>Asian immigrants in North America </li></ul><ul><ul><li>They have different food or service preference from natives. </li></ul></ul><ul><ul><li>Differentiation strategy: there are WalMart and SUPERSTORE, but there is still room for T&T and H-Mart </li></ul></ul><ul><ul><li>They have different social media platform preference. While the most Chinese use renren.com and happymate.com, instead of facebook, and the most Koreans active on Cyworld. </li></ul></ul><ul><ul><li>They love group buying. </li></ul></ul>
    14. 14. Potential customers’ profile <ul><li>Can be tailored upon segmentations, because the “Private deal” function, which only allows people who are invited to join. </li></ul><ul><ul><li>VIP strategy. </li></ul></ul><ul><ul><li>Penetrated a particular segmentation, for example, Bimmer lovers. </li></ul></ul><ul><ul><li>Will try to paten “Private Deal” function. </li></ul></ul>
    15. 15. Expansion plan (2) <ul><li>Major cities in Asia region </li></ul><ul><ul><li>China (Beijing, …) </li></ul></ul><ul><ul><li>Japan (Tokyo, …) </li></ul></ul><ul><ul><li>Korea (Soul, …) </li></ul></ul><ul><ul><li>Singapore (.. </li></ul></ul><ul><ul><li>Taiwan (Taipei, …) </li></ul></ul><ul><ul><li>Thailand (Bangkok, ..) </li></ul></ul>
    16. 16. Expansion plan (1) <ul><li>Major cities in Canada, </li></ul><ul><ul><li>Considering the core team’s geographic advantage, the priority would be from west to east coast : Vancouver -> Toronto -> Calgary </li></ul></ul><ul><li>Major cities in U.S </li></ul><ul><ul><li>Seattle -> New York </li></ul></ul>
    17. 17. I also need following expertise to make the business sustainable (2) <ul><li>Lawyers - I need law consultancy resource to structure customers/vendors engaged plan or policy. </li></ul><ul><ul><li>Dealing with online commerce regulations. </li></ul></ul><ul><ul><li>Making this business fully compliant with regulations in different regions. </li></ul></ul>
    18. 18. Marketing <ul><li>To find the awesome deal, advertising agency firm is a good fit. </li></ul><ul><li>PR , sell things for fund raising purpose, or for charities. </li></ul>
    19. 19. Staff, Organization structure <ul><li>Global PMO (project management office, Vancouver, Canada) </li></ul><ul><ul><li>CEO </li></ul></ul><ul><ul><li>COO </li></ul></ul><ul><ul><li>CTO </li></ul></ul><ul><ul><li>CFO </li></ul></ul><ul><ul><li>Business Development Director </li></ul></ul><ul><ul><li>Customers’ voice Director </li></ul></ul>
    20. 20. Staff, Organization structure (2) <ul><li>Global PMO (project management office, Vancouver, Canada) </li></ul><ul><ul><li>Human Resource Director </li></ul></ul><ul><ul><li>Editors team lead </li></ul></ul><ul><ul><li>Graphic designers team lead </li></ul></ul><ul><ul><li>Consultant panel </li></ul></ul><ul><ul><ul><li>Law </li></ul></ul></ul>
    21. 21. Staff, Organization structure (2) <ul><li>Asia pacific region office (Taiwan and Korea) </li></ul><ul><ul><li>CEO </li></ul></ul><ul><ul><li>COO, </li></ul></ul><ul><ul><li>CTO, </li></ul></ul><ul><ul><li>CFO </li></ul></ul>
    22. 22. Staff, Organization structure (3) <ul><li>Local branch (China, Japan, Korea, Singapore, Taiwan, Thailand) </li></ul><ul><ul><li>Business Development Director </li></ul></ul><ul><ul><li>Customers’ voice Director </li></ul></ul><ul><ul><li>Editors team lead </li></ul></ul><ul><ul><li>Graphic designers team lead </li></ul></ul><ul><ul><li>Consultant panel </li></ul></ul><ul><ul><ul><li>Law </li></ul></ul></ul>
    23. 23. Or, you are one of the followings <ul><li>Entrepreneurship is part of your DNA. </li></ul><ul><li>Are interested in working with a dynamic team. </li></ul><ul><li>With crazy idea but excellent execution capability. </li></ul><ul><li>Want to be an angel investor to support this promising business plan. </li></ul>

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