SlideShare a Scribd company logo
AWESOME WAY OF GIFTING!
1 Har Sinai St.
Moveo Heart, Suite #5
Tel Aviv, 6581601, Israel
+972-54-422-6665
yuval@tengiftapp.com
www.tengiftapp.com
Milestones:
Problem:
Every employee is familiar with the tradition of buying a Group-Gift for social events
(birthdays, new-born babies, farewell, etc.) of his/her colleagues. In most cases, the
process of organizing the gift is extremely repetitive, carried out in the same
“old-fashioned” manner, where one employee runs around the office, driving everyone
crazy, trying to gather all the relevant people for the gift. So basically, a process which is
essentially meant to connect people is actually setting them apart!
Team:
Yuval Shafrir – CEO
Graduate of the integrated program of exact
sciences (Physics & Chemistry) from the Hebrew
University.
Zahi Fish - CMO
Experienced marketing strategist. Zahi holds large
knowledge of content and other inbound marketing
strategies.
Adam Shapell – CFO
Graduate in Government, Diplomacy and Strategy
from the IDC Hertzelia.
Samuel Herszaft - VP business development.
Former marketing manager of SAKAL. Holds BA and
MA in economics and public administration.
Eyal Makover - Technological Partner.
CEO & Co-Founder at Moveo, an innovative
software development company.
Competitive Advantage:
TenGift is positioned on the cross-section of 3 of the fastest growing industries: E-gift
cards, Crowd-funding and HR-Tech. The process of Group-Gifting has unique
characteristics, based on its’ different personas (Organizer, Participants, Celebrator and
Organization). Combining methods from these 3 industries allows TenGift to assist all
related personas and offer a new, comprehensive and tailor-made gifting experience, all
under one mobile platform.
Market:
Surprisingly (or not), the tradition of Group-Gifting is almost identical in every mid-large
organization (100+ employees), regardless of its business sector (i.e. accounting firms,
governmental entities, tech companies, etc.) and is widely common on a global scale. The
daily routine, in which employees are positioned 8-12 hours a day, beside a group of
previously-unknown people in the same physical region, creates unique relationships.
These loose yet frequent interactions, serve as the most fertile soil for Group-Gifts. In
most developed countries, over 50% of the workforce is employed in these types of
organizations.
Solution:
TenGift’s mobile app takes this clumsy process, facilitates it and creates an easy, fun and
personal way to cherish your colleagues’ events. TenGift app is an A to Z platform,
allowing each employee to easily organize a group of people, collect money, create a
unique wish and ultimately, get the perfect gift for their co-worker, all just a few clicks
away.
Over 75M employees only in the US!
Spending, on average $10 (per participant) on Group-Gifts!
5%5% 7%
11%
8%
10%
7%7%
40%
Less than 100
employees
36%
Over 100
employees
64%
US private sector workforce
by firm size
Q1 2017
Business Model:
TenGift brings a retail business model and applies it to the digital world, in a scalable way.
As a digital gift distributor, TenGift uses a revenue-share model in collaboration with its
providers, based on the industry’s common practices. A notable widespread norm among
gift card providers is selling credit in bulk at a lower rate. The reduced rate’s benchmark
starts at 15% for a purchase of gift cards worth only a few thousand USD. Thus, at least
15% of TenGift’s revenue is a potential gross-profit!
Over 1M Employees
in medium - Large
organizations.
Each participate in 12
gifts a year, on average.
Participants spend ₪20
on average per gift.
₪240M
Annual estimated TAM
size in Israel.
₪24M
10% market share
15%
Standard discount for
gift cards in bulk.
₪3.6M
Annual gross profit
only in Israel.
Israel’s case study
TenGift is an intra-organizational platform, built to solve
all the problems caused by the process of organizing a
Group-Gift for a colleague at work.
Time-consuming Unnecessary
friction
Impersonal Worthless generic
gifts
Top
Organizations1000+ Users
250 Paying
Users
50 Gifts
(15K Value)
Amazing
FeedbackAduption
Across Industries
Great
Coversion Rate

More Related Content

What's hot

Executive Coach Introduction
Executive Coach IntroductionExecutive Coach Introduction
Executive Coach Introduction
Frances Kazan
 
Nestlé info
Nestlé infoNestlé info
Nestlé info
rayleevideo
 
CEO Succession - Data Spotlight
CEO Succession - Data SpotlightCEO Succession - Data Spotlight
Mining and Refining the Gold in Millennials - Leaders Developing Leaders
Mining and Refining the Gold in Millennials - Leaders Developing LeadersMining and Refining the Gold in Millennials - Leaders Developing Leaders
Mining and Refining the Gold in Millennials - Leaders Developing Leaders
Leading with Honor
 
Mind the gap - Women in leadership
Mind the gap - Women in leadershipMind the gap - Women in leadership
Mind the gap - Women in leadership
Astrid Varchmin
 
Giving Statistics and Trends
Giving Statistics and TrendsGiving Statistics and Trends
Giving Statistics and Trends
Advancement Partners
 
Vivente-Women-in-Leadership-v2
Vivente-Women-in-Leadership-v2Vivente-Women-in-Leadership-v2
Vivente-Women-in-Leadership-v2
Peter Ivett
 
Changing world
Changing worldChanging world
Changing world
Martin Nicholson
 
Emily Swartzlander WEDN 2020 Family Forward NC
Emily Swartzlander WEDN 2020 Family Forward NCEmily Swartzlander WEDN 2020 Family Forward NC
Emily Swartzlander WEDN 2020 Family Forward NC
Crystal Morphis, CEcD
 
8 women in leadership
8 women in leadership 8 women in leadership
8 women in leadership
CPA Australia
 
Lee Ann Nixon WEDN 2018 Go Bold-Bold Women Bold Careers
Lee Ann Nixon WEDN 2018 Go Bold-Bold Women Bold CareersLee Ann Nixon WEDN 2018 Go Bold-Bold Women Bold Careers
Lee Ann Nixon WEDN 2018 Go Bold-Bold Women Bold Careers
Crystal Morphis, CEcD
 
Driven: The Formula for Sustainable Success
Driven: The Formula for Sustainable SuccessDriven: The Formula for Sustainable Success
Driven: The Formula for Sustainable Success
Sasin SEC
 
Zee Worstell WEDN 2018 Women Are The Key To Fueling Economic Prosperity.
Zee Worstell WEDN 2018 Women Are The Key To Fueling Economic Prosperity.Zee Worstell WEDN 2018 Women Are The Key To Fueling Economic Prosperity.
Zee Worstell WEDN 2018 Women Are The Key To Fueling Economic Prosperity.
Crystal Morphis, CEcD
 
Women in business 2017
Women in business 2017Women in business 2017
What’s in it for me? Why you should support women in business.
What’s in it for me? Why you should support women in business.What’s in it for me? Why you should support women in business.
What’s in it for me? Why you should support women in business.
Mary Jesse
 
Gender Diversity - It's a Leadership Thing
Gender Diversity - It's a Leadership ThingGender Diversity - It's a Leadership Thing
Gender Diversity - It's a Leadership Thing
Parity Professionals
 
Polskie firmy stawiają na płeć piękną
Polskie firmy stawiają na płeć pięknąPolskie firmy stawiają na płeć piękną
Polskie firmy stawiają na płeć piękną
Grant Thornton
 
Leading a talent acquisition turnaround | Talent Connect Anaheim
Leading a talent acquisition turnaround | Talent Connect AnaheimLeading a talent acquisition turnaround | Talent Connect Anaheim
Leading a talent acquisition turnaround | Talent Connect Anaheim
LinkedIn Talent Solutions
 
ANYSE2018_Session1_InvestingInWomen_JamesSoukamneuth
ANYSE2018_Session1_InvestingInWomen_JamesSoukamneuthANYSE2018_Session1_InvestingInWomen_JamesSoukamneuth
ANYSE2018_Session1_InvestingInWomen_JamesSoukamneuth
C.
 
Talent Growth Gap Statistics
Talent Growth Gap StatisticsTalent Growth Gap Statistics
Talent Growth Gap Statistics
PeopleKit
 

What's hot (20)

Executive Coach Introduction
Executive Coach IntroductionExecutive Coach Introduction
Executive Coach Introduction
 
Nestlé info
Nestlé infoNestlé info
Nestlé info
 
CEO Succession - Data Spotlight
CEO Succession - Data SpotlightCEO Succession - Data Spotlight
CEO Succession - Data Spotlight
 
Mining and Refining the Gold in Millennials - Leaders Developing Leaders
Mining and Refining the Gold in Millennials - Leaders Developing LeadersMining and Refining the Gold in Millennials - Leaders Developing Leaders
Mining and Refining the Gold in Millennials - Leaders Developing Leaders
 
Mind the gap - Women in leadership
Mind the gap - Women in leadershipMind the gap - Women in leadership
Mind the gap - Women in leadership
 
Giving Statistics and Trends
Giving Statistics and TrendsGiving Statistics and Trends
Giving Statistics and Trends
 
Vivente-Women-in-Leadership-v2
Vivente-Women-in-Leadership-v2Vivente-Women-in-Leadership-v2
Vivente-Women-in-Leadership-v2
 
Changing world
Changing worldChanging world
Changing world
 
Emily Swartzlander WEDN 2020 Family Forward NC
Emily Swartzlander WEDN 2020 Family Forward NCEmily Swartzlander WEDN 2020 Family Forward NC
Emily Swartzlander WEDN 2020 Family Forward NC
 
8 women in leadership
8 women in leadership 8 women in leadership
8 women in leadership
 
Lee Ann Nixon WEDN 2018 Go Bold-Bold Women Bold Careers
Lee Ann Nixon WEDN 2018 Go Bold-Bold Women Bold CareersLee Ann Nixon WEDN 2018 Go Bold-Bold Women Bold Careers
Lee Ann Nixon WEDN 2018 Go Bold-Bold Women Bold Careers
 
Driven: The Formula for Sustainable Success
Driven: The Formula for Sustainable SuccessDriven: The Formula for Sustainable Success
Driven: The Formula for Sustainable Success
 
Zee Worstell WEDN 2018 Women Are The Key To Fueling Economic Prosperity.
Zee Worstell WEDN 2018 Women Are The Key To Fueling Economic Prosperity.Zee Worstell WEDN 2018 Women Are The Key To Fueling Economic Prosperity.
Zee Worstell WEDN 2018 Women Are The Key To Fueling Economic Prosperity.
 
Women in business 2017
Women in business 2017Women in business 2017
Women in business 2017
 
What’s in it for me? Why you should support women in business.
What’s in it for me? Why you should support women in business.What’s in it for me? Why you should support women in business.
What’s in it for me? Why you should support women in business.
 
Gender Diversity - It's a Leadership Thing
Gender Diversity - It's a Leadership ThingGender Diversity - It's a Leadership Thing
Gender Diversity - It's a Leadership Thing
 
Polskie firmy stawiają na płeć piękną
Polskie firmy stawiają na płeć pięknąPolskie firmy stawiają na płeć piękną
Polskie firmy stawiają na płeć piękną
 
Leading a talent acquisition turnaround | Talent Connect Anaheim
Leading a talent acquisition turnaround | Talent Connect AnaheimLeading a talent acquisition turnaround | Talent Connect Anaheim
Leading a talent acquisition turnaround | Talent Connect Anaheim
 
ANYSE2018_Session1_InvestingInWomen_JamesSoukamneuth
ANYSE2018_Session1_InvestingInWomen_JamesSoukamneuthANYSE2018_Session1_InvestingInWomen_JamesSoukamneuth
ANYSE2018_Session1_InvestingInWomen_JamesSoukamneuth
 
Talent Growth Gap Statistics
Talent Growth Gap StatisticsTalent Growth Gap Statistics
Talent Growth Gap Statistics
 

Similar to Executive summary - TenGift

Ten gift deck
Ten gift deckTen gift deck
Ten gift deck
Yuval Shafrir
 
From Non-Profit to For Profit and Back Again
From Non-Profit to For Profit and Back AgainFrom Non-Profit to For Profit and Back Again
From Non-Profit to For Profit and Back Again
jcheyer
 
Ready or Not, The Workforce is Changing! Are You Prepared?
Ready or Not, The Workforce is Changing! Are You Prepared?Ready or Not, The Workforce is Changing! Are You Prepared?
Ready or Not, The Workforce is Changing! Are You Prepared?
removed_98c8d4827eb0208c4db118838b8f6010
 
Development Strategy For Small Non
Development Strategy For Small NonDevelopment Strategy For Small Non
Development Strategy For Small Non
Amarah Niazi
 
Final Draft of Strategic Plan 2005-2010, Friendship Industries
Final Draft of Strategic Plan 2005-2010, Friendship IndustriesFinal Draft of Strategic Plan 2005-2010, Friendship Industries
Final Draft of Strategic Plan 2005-2010, Friendship Industries
Missy (Grubbs, Blankenship) Schmidt
 
Bring Your Customer Success Out of the Stone Age by Building Your Company’s P...
Bring Your Customer Success Out of the Stone Age by Building Your Company’s P...Bring Your Customer Success Out of the Stone Age by Building Your Company’s P...
Bring Your Customer Success Out of the Stone Age by Building Your Company’s P...
QuekelsBaro
 
The BIG SECRET ABOUT FUNDRAISING White Paper _ Sherry Quam Taylor.pdf
The BIG SECRET ABOUT FUNDRAISING White Paper _ Sherry Quam Taylor.pdfThe BIG SECRET ABOUT FUNDRAISING White Paper _ Sherry Quam Taylor.pdf
The BIG SECRET ABOUT FUNDRAISING White Paper _ Sherry Quam Taylor.pdf
Bloomerang
 
Business acumen 2012
Business acumen 2012Business acumen 2012
Business acumen 2012
Christine Elgood
 
Glitzed final presentation
Glitzed   final presentationGlitzed   final presentation
Glitzed final presentation
Dontae Rayford
 
Criteria of effective marketing
Criteria of effective marketingCriteria of effective marketing
Criteria of effective marketing
Dr. Szabolcs Nagy PhD
 
n13-Business-Acumen-v1.0.pdfn13-Business-Acumen-v1.0.pdf
n13-Business-Acumen-v1.0.pdfn13-Business-Acumen-v1.0.pdfn13-Business-Acumen-v1.0.pdfn13-Business-Acumen-v1.0.pdf
n13-Business-Acumen-v1.0.pdfn13-Business-Acumen-v1.0.pdf
Ermiyas33
 
Springfield Chamber Membership Breakfast: Spring 2011
Springfield Chamber Membership Breakfast: Spring 2011Springfield Chamber Membership Breakfast: Spring 2011
Springfield Chamber Membership Breakfast: Spring 2011
ebreiten
 
nkulidwane
nkulidwanenkulidwane
nkulidwane
Nkuli Dwane
 
Nonprofit Marketing Plan Workshop TechSoup-TappNetwork 11.16.2023.pdf
Nonprofit Marketing Plan Workshop TechSoup-TappNetwork 11.16.2023.pdfNonprofit Marketing Plan Workshop TechSoup-TappNetwork 11.16.2023.pdf
Nonprofit Marketing Plan Workshop TechSoup-TappNetwork 11.16.2023.pdf
TechSoup
 
John de wit_point_loma_may_4_2011[1]
John de wit_point_loma_may_4_2011[1]John de wit_point_loma_may_4_2011[1]
John de wit_point_loma_may_4_2011[1]
San Diego Microfinance Alliance
 
April 2015 buzzReport
April 2015 buzzReportApril 2015 buzzReport
April 2015 buzzReport
Buzz Marketing Group
 
Changing the face of Tech Sales, we help your business grow
Changing the face of Tech Sales, we help your business grow  Changing the face of Tech Sales, we help your business grow
Changing the face of Tech Sales, we help your business grow
TechMeetups
 
Understanding your Diversity and Inclusion Journey
Understanding your Diversity and Inclusion JourneyUnderstanding your Diversity and Inclusion Journey
Understanding your Diversity and Inclusion Journey
Tom Williams
 
Creativity in Creating Business with a touch on Social Impact
Creativity in Creating Business with a touch on Social ImpactCreativity in Creating Business with a touch on Social Impact
Creativity in Creating Business with a touch on Social Impact
PlayMoolah
 
Marketing your summer reading program
Marketing your summer reading programMarketing your summer reading program
Marketing your summer reading program
Heather Lambert
 

Similar to Executive summary - TenGift (20)

Ten gift deck
Ten gift deckTen gift deck
Ten gift deck
 
From Non-Profit to For Profit and Back Again
From Non-Profit to For Profit and Back AgainFrom Non-Profit to For Profit and Back Again
From Non-Profit to For Profit and Back Again
 
Ready or Not, The Workforce is Changing! Are You Prepared?
Ready or Not, The Workforce is Changing! Are You Prepared?Ready or Not, The Workforce is Changing! Are You Prepared?
Ready or Not, The Workforce is Changing! Are You Prepared?
 
Development Strategy For Small Non
Development Strategy For Small NonDevelopment Strategy For Small Non
Development Strategy For Small Non
 
Final Draft of Strategic Plan 2005-2010, Friendship Industries
Final Draft of Strategic Plan 2005-2010, Friendship IndustriesFinal Draft of Strategic Plan 2005-2010, Friendship Industries
Final Draft of Strategic Plan 2005-2010, Friendship Industries
 
Bring Your Customer Success Out of the Stone Age by Building Your Company’s P...
Bring Your Customer Success Out of the Stone Age by Building Your Company’s P...Bring Your Customer Success Out of the Stone Age by Building Your Company’s P...
Bring Your Customer Success Out of the Stone Age by Building Your Company’s P...
 
The BIG SECRET ABOUT FUNDRAISING White Paper _ Sherry Quam Taylor.pdf
The BIG SECRET ABOUT FUNDRAISING White Paper _ Sherry Quam Taylor.pdfThe BIG SECRET ABOUT FUNDRAISING White Paper _ Sherry Quam Taylor.pdf
The BIG SECRET ABOUT FUNDRAISING White Paper _ Sherry Quam Taylor.pdf
 
Business acumen 2012
Business acumen 2012Business acumen 2012
Business acumen 2012
 
Glitzed final presentation
Glitzed   final presentationGlitzed   final presentation
Glitzed final presentation
 
Criteria of effective marketing
Criteria of effective marketingCriteria of effective marketing
Criteria of effective marketing
 
n13-Business-Acumen-v1.0.pdfn13-Business-Acumen-v1.0.pdf
n13-Business-Acumen-v1.0.pdfn13-Business-Acumen-v1.0.pdfn13-Business-Acumen-v1.0.pdfn13-Business-Acumen-v1.0.pdf
n13-Business-Acumen-v1.0.pdfn13-Business-Acumen-v1.0.pdf
 
Springfield Chamber Membership Breakfast: Spring 2011
Springfield Chamber Membership Breakfast: Spring 2011Springfield Chamber Membership Breakfast: Spring 2011
Springfield Chamber Membership Breakfast: Spring 2011
 
nkulidwane
nkulidwanenkulidwane
nkulidwane
 
Nonprofit Marketing Plan Workshop TechSoup-TappNetwork 11.16.2023.pdf
Nonprofit Marketing Plan Workshop TechSoup-TappNetwork 11.16.2023.pdfNonprofit Marketing Plan Workshop TechSoup-TappNetwork 11.16.2023.pdf
Nonprofit Marketing Plan Workshop TechSoup-TappNetwork 11.16.2023.pdf
 
John de wit_point_loma_may_4_2011[1]
John de wit_point_loma_may_4_2011[1]John de wit_point_loma_may_4_2011[1]
John de wit_point_loma_may_4_2011[1]
 
April 2015 buzzReport
April 2015 buzzReportApril 2015 buzzReport
April 2015 buzzReport
 
Changing the face of Tech Sales, we help your business grow
Changing the face of Tech Sales, we help your business grow  Changing the face of Tech Sales, we help your business grow
Changing the face of Tech Sales, we help your business grow
 
Understanding your Diversity and Inclusion Journey
Understanding your Diversity and Inclusion JourneyUnderstanding your Diversity and Inclusion Journey
Understanding your Diversity and Inclusion Journey
 
Creativity in Creating Business with a touch on Social Impact
Creativity in Creating Business with a touch on Social ImpactCreativity in Creating Business with a touch on Social Impact
Creativity in Creating Business with a touch on Social Impact
 
Marketing your summer reading program
Marketing your summer reading programMarketing your summer reading program
Marketing your summer reading program
 

Recently uploaded

Using Query Store in Azure PostgreSQL to Understand Query Performance
Using Query Store in Azure PostgreSQL to Understand Query PerformanceUsing Query Store in Azure PostgreSQL to Understand Query Performance
Using Query Store in Azure PostgreSQL to Understand Query Performance
Grant Fritchey
 
原版定制美国纽约州立大学奥尔巴尼分校毕业证学位证书原版一模一样
原版定制美国纽约州立大学奥尔巴尼分校毕业证学位证书原版一模一样原版定制美国纽约州立大学奥尔巴尼分校毕业证学位证书原版一模一样
原版定制美国纽约州立大学奥尔巴尼分校毕业证学位证书原版一模一样
mz5nrf0n
 
OpenMetadata Community Meeting - 5th June 2024
OpenMetadata Community Meeting - 5th June 2024OpenMetadata Community Meeting - 5th June 2024
OpenMetadata Community Meeting - 5th June 2024
OpenMetadata
 
Microservice Teams - How the cloud changes the way we work
Microservice Teams - How the cloud changes the way we workMicroservice Teams - How the cloud changes the way we work
Microservice Teams - How the cloud changes the way we work
Sven Peters
 
Empowering Growth with Best Software Development Company in Noida - Deuglo
Empowering Growth with Best Software  Development Company in Noida - DeugloEmpowering Growth with Best Software  Development Company in Noida - Deuglo
Empowering Growth with Best Software Development Company in Noida - Deuglo
Deuglo Infosystem Pvt Ltd
 
UI5con 2024 - Keynote: Latest News about UI5 and it’s Ecosystem
UI5con 2024 - Keynote: Latest News about UI5 and it’s EcosystemUI5con 2024 - Keynote: Latest News about UI5 and it’s Ecosystem
UI5con 2024 - Keynote: Latest News about UI5 and it’s Ecosystem
Peter Muessig
 
KuberTENes Birthday Bash Guadalajara - Introducción a Argo CD
KuberTENes Birthday Bash Guadalajara - Introducción a Argo CDKuberTENes Birthday Bash Guadalajara - Introducción a Argo CD
KuberTENes Birthday Bash Guadalajara - Introducción a Argo CD
rodomar2
 
Introducing Crescat - Event Management Software for Venues, Festivals and Eve...
Introducing Crescat - Event Management Software for Venues, Festivals and Eve...Introducing Crescat - Event Management Software for Venues, Festivals and Eve...
Introducing Crescat - Event Management Software for Venues, Festivals and Eve...
Crescat
 
openEuler Case Study - The Journey to Supply Chain Security
openEuler Case Study - The Journey to Supply Chain SecurityopenEuler Case Study - The Journey to Supply Chain Security
openEuler Case Study - The Journey to Supply Chain Security
Shane Coughlan
 
How to write a program in any programming language
How to write a program in any programming languageHow to write a program in any programming language
How to write a program in any programming language
Rakesh Kumar R
 
socradar-q1-2024-aviation-industry-report.pdf
socradar-q1-2024-aviation-industry-report.pdfsocradar-q1-2024-aviation-industry-report.pdf
socradar-q1-2024-aviation-industry-report.pdf
SOCRadar
 
Neo4j - Product Vision and Knowledge Graphs - GraphSummit Paris
Neo4j - Product Vision and Knowledge Graphs - GraphSummit ParisNeo4j - Product Vision and Knowledge Graphs - GraphSummit Paris
Neo4j - Product Vision and Knowledge Graphs - GraphSummit Paris
Neo4j
 
WWDC 2024 Keynote Review: For CocoaCoders Austin
WWDC 2024 Keynote Review: For CocoaCoders AustinWWDC 2024 Keynote Review: For CocoaCoders Austin
WWDC 2024 Keynote Review: For CocoaCoders Austin
Patrick Weigel
 
Need for Speed: Removing speed bumps from your Symfony projects ⚡️
Need for Speed: Removing speed bumps from your Symfony projects ⚡️Need for Speed: Removing speed bumps from your Symfony projects ⚡️
Need for Speed: Removing speed bumps from your Symfony projects ⚡️
Łukasz Chruściel
 
2024 eCommerceDays Toulouse - Sylius 2.0.pdf
2024 eCommerceDays Toulouse - Sylius 2.0.pdf2024 eCommerceDays Toulouse - Sylius 2.0.pdf
2024 eCommerceDays Toulouse - Sylius 2.0.pdf
Łukasz Chruściel
 
UI5con 2024 - Boost Your Development Experience with UI5 Tooling Extensions
UI5con 2024 - Boost Your Development Experience with UI5 Tooling ExtensionsUI5con 2024 - Boost Your Development Experience with UI5 Tooling Extensions
UI5con 2024 - Boost Your Development Experience with UI5 Tooling Extensions
Peter Muessig
 
UI5con 2024 - Bring Your Own Design System
UI5con 2024 - Bring Your Own Design SystemUI5con 2024 - Bring Your Own Design System
UI5con 2024 - Bring Your Own Design System
Peter Muessig
 
ALGIT - Assembly Line for Green IT - Numbers, Data, Facts
ALGIT - Assembly Line for Green IT - Numbers, Data, FactsALGIT - Assembly Line for Green IT - Numbers, Data, Facts
ALGIT - Assembly Line for Green IT - Numbers, Data, Facts
Green Software Development
 
Unveiling the Advantages of Agile Software Development.pdf
Unveiling the Advantages of Agile Software Development.pdfUnveiling the Advantages of Agile Software Development.pdf
Unveiling the Advantages of Agile Software Development.pdf
brainerhub1
 
Automated software refactoring with OpenRewrite and Generative AI.pptx.pdf
Automated software refactoring with OpenRewrite and Generative AI.pptx.pdfAutomated software refactoring with OpenRewrite and Generative AI.pptx.pdf
Automated software refactoring with OpenRewrite and Generative AI.pptx.pdf
timtebeek1
 

Recently uploaded (20)

Using Query Store in Azure PostgreSQL to Understand Query Performance
Using Query Store in Azure PostgreSQL to Understand Query PerformanceUsing Query Store in Azure PostgreSQL to Understand Query Performance
Using Query Store in Azure PostgreSQL to Understand Query Performance
 
原版定制美国纽约州立大学奥尔巴尼分校毕业证学位证书原版一模一样
原版定制美国纽约州立大学奥尔巴尼分校毕业证学位证书原版一模一样原版定制美国纽约州立大学奥尔巴尼分校毕业证学位证书原版一模一样
原版定制美国纽约州立大学奥尔巴尼分校毕业证学位证书原版一模一样
 
OpenMetadata Community Meeting - 5th June 2024
OpenMetadata Community Meeting - 5th June 2024OpenMetadata Community Meeting - 5th June 2024
OpenMetadata Community Meeting - 5th June 2024
 
Microservice Teams - How the cloud changes the way we work
Microservice Teams - How the cloud changes the way we workMicroservice Teams - How the cloud changes the way we work
Microservice Teams - How the cloud changes the way we work
 
Empowering Growth with Best Software Development Company in Noida - Deuglo
Empowering Growth with Best Software  Development Company in Noida - DeugloEmpowering Growth with Best Software  Development Company in Noida - Deuglo
Empowering Growth with Best Software Development Company in Noida - Deuglo
 
UI5con 2024 - Keynote: Latest News about UI5 and it’s Ecosystem
UI5con 2024 - Keynote: Latest News about UI5 and it’s EcosystemUI5con 2024 - Keynote: Latest News about UI5 and it’s Ecosystem
UI5con 2024 - Keynote: Latest News about UI5 and it’s Ecosystem
 
KuberTENes Birthday Bash Guadalajara - Introducción a Argo CD
KuberTENes Birthday Bash Guadalajara - Introducción a Argo CDKuberTENes Birthday Bash Guadalajara - Introducción a Argo CD
KuberTENes Birthday Bash Guadalajara - Introducción a Argo CD
 
Introducing Crescat - Event Management Software for Venues, Festivals and Eve...
Introducing Crescat - Event Management Software for Venues, Festivals and Eve...Introducing Crescat - Event Management Software for Venues, Festivals and Eve...
Introducing Crescat - Event Management Software for Venues, Festivals and Eve...
 
openEuler Case Study - The Journey to Supply Chain Security
openEuler Case Study - The Journey to Supply Chain SecurityopenEuler Case Study - The Journey to Supply Chain Security
openEuler Case Study - The Journey to Supply Chain Security
 
How to write a program in any programming language
How to write a program in any programming languageHow to write a program in any programming language
How to write a program in any programming language
 
socradar-q1-2024-aviation-industry-report.pdf
socradar-q1-2024-aviation-industry-report.pdfsocradar-q1-2024-aviation-industry-report.pdf
socradar-q1-2024-aviation-industry-report.pdf
 
Neo4j - Product Vision and Knowledge Graphs - GraphSummit Paris
Neo4j - Product Vision and Knowledge Graphs - GraphSummit ParisNeo4j - Product Vision and Knowledge Graphs - GraphSummit Paris
Neo4j - Product Vision and Knowledge Graphs - GraphSummit Paris
 
WWDC 2024 Keynote Review: For CocoaCoders Austin
WWDC 2024 Keynote Review: For CocoaCoders AustinWWDC 2024 Keynote Review: For CocoaCoders Austin
WWDC 2024 Keynote Review: For CocoaCoders Austin
 
Need for Speed: Removing speed bumps from your Symfony projects ⚡️
Need for Speed: Removing speed bumps from your Symfony projects ⚡️Need for Speed: Removing speed bumps from your Symfony projects ⚡️
Need for Speed: Removing speed bumps from your Symfony projects ⚡️
 
2024 eCommerceDays Toulouse - Sylius 2.0.pdf
2024 eCommerceDays Toulouse - Sylius 2.0.pdf2024 eCommerceDays Toulouse - Sylius 2.0.pdf
2024 eCommerceDays Toulouse - Sylius 2.0.pdf
 
UI5con 2024 - Boost Your Development Experience with UI5 Tooling Extensions
UI5con 2024 - Boost Your Development Experience with UI5 Tooling ExtensionsUI5con 2024 - Boost Your Development Experience with UI5 Tooling Extensions
UI5con 2024 - Boost Your Development Experience with UI5 Tooling Extensions
 
UI5con 2024 - Bring Your Own Design System
UI5con 2024 - Bring Your Own Design SystemUI5con 2024 - Bring Your Own Design System
UI5con 2024 - Bring Your Own Design System
 
ALGIT - Assembly Line for Green IT - Numbers, Data, Facts
ALGIT - Assembly Line for Green IT - Numbers, Data, FactsALGIT - Assembly Line for Green IT - Numbers, Data, Facts
ALGIT - Assembly Line for Green IT - Numbers, Data, Facts
 
Unveiling the Advantages of Agile Software Development.pdf
Unveiling the Advantages of Agile Software Development.pdfUnveiling the Advantages of Agile Software Development.pdf
Unveiling the Advantages of Agile Software Development.pdf
 
Automated software refactoring with OpenRewrite and Generative AI.pptx.pdf
Automated software refactoring with OpenRewrite and Generative AI.pptx.pdfAutomated software refactoring with OpenRewrite and Generative AI.pptx.pdf
Automated software refactoring with OpenRewrite and Generative AI.pptx.pdf
 

Executive summary - TenGift

  • 1. AWESOME WAY OF GIFTING! 1 Har Sinai St. Moveo Heart, Suite #5 Tel Aviv, 6581601, Israel +972-54-422-6665 yuval@tengiftapp.com www.tengiftapp.com Milestones: Problem: Every employee is familiar with the tradition of buying a Group-Gift for social events (birthdays, new-born babies, farewell, etc.) of his/her colleagues. In most cases, the process of organizing the gift is extremely repetitive, carried out in the same “old-fashioned” manner, where one employee runs around the office, driving everyone crazy, trying to gather all the relevant people for the gift. So basically, a process which is essentially meant to connect people is actually setting them apart! Team: Yuval Shafrir – CEO Graduate of the integrated program of exact sciences (Physics & Chemistry) from the Hebrew University. Zahi Fish - CMO Experienced marketing strategist. Zahi holds large knowledge of content and other inbound marketing strategies. Adam Shapell – CFO Graduate in Government, Diplomacy and Strategy from the IDC Hertzelia. Samuel Herszaft - VP business development. Former marketing manager of SAKAL. Holds BA and MA in economics and public administration. Eyal Makover - Technological Partner. CEO & Co-Founder at Moveo, an innovative software development company. Competitive Advantage: TenGift is positioned on the cross-section of 3 of the fastest growing industries: E-gift cards, Crowd-funding and HR-Tech. The process of Group-Gifting has unique characteristics, based on its’ different personas (Organizer, Participants, Celebrator and Organization). Combining methods from these 3 industries allows TenGift to assist all related personas and offer a new, comprehensive and tailor-made gifting experience, all under one mobile platform. Market: Surprisingly (or not), the tradition of Group-Gifting is almost identical in every mid-large organization (100+ employees), regardless of its business sector (i.e. accounting firms, governmental entities, tech companies, etc.) and is widely common on a global scale. The daily routine, in which employees are positioned 8-12 hours a day, beside a group of previously-unknown people in the same physical region, creates unique relationships. These loose yet frequent interactions, serve as the most fertile soil for Group-Gifts. In most developed countries, over 50% of the workforce is employed in these types of organizations. Solution: TenGift’s mobile app takes this clumsy process, facilitates it and creates an easy, fun and personal way to cherish your colleagues’ events. TenGift app is an A to Z platform, allowing each employee to easily organize a group of people, collect money, create a unique wish and ultimately, get the perfect gift for their co-worker, all just a few clicks away. Over 75M employees only in the US! Spending, on average $10 (per participant) on Group-Gifts! 5%5% 7% 11% 8% 10% 7%7% 40% Less than 100 employees 36% Over 100 employees 64% US private sector workforce by firm size Q1 2017 Business Model: TenGift brings a retail business model and applies it to the digital world, in a scalable way. As a digital gift distributor, TenGift uses a revenue-share model in collaboration with its providers, based on the industry’s common practices. A notable widespread norm among gift card providers is selling credit in bulk at a lower rate. The reduced rate’s benchmark starts at 15% for a purchase of gift cards worth only a few thousand USD. Thus, at least 15% of TenGift’s revenue is a potential gross-profit! Over 1M Employees in medium - Large organizations. Each participate in 12 gifts a year, on average. Participants spend ₪20 on average per gift. ₪240M Annual estimated TAM size in Israel. ₪24M 10% market share 15% Standard discount for gift cards in bulk. ₪3.6M Annual gross profit only in Israel. Israel’s case study TenGift is an intra-organizational platform, built to solve all the problems caused by the process of organizing a Group-Gift for a colleague at work. Time-consuming Unnecessary friction Impersonal Worthless generic gifts Top Organizations1000+ Users 250 Paying Users 50 Gifts (15K Value) Amazing FeedbackAduption Across Industries Great Coversion Rate