SlideShare a Scribd company logo
CTO - ChiragChoskey
Growth - Jessica Weinstein Partnerships -Dontae Rayford
Our team
CEO - Derlen Chiu
Derlen has worked with startups
as an entrepreneur and
consultant. As a co-founder of a
sports gamification startup, he led
customer development and
formed partnerships to drive user
acquisition. He holds a degree in
Economics from Case Western
Reserve.
Chirag has a background in
technology and engineering.
Previously, he led the
development and support of a
derivatives trading platform at an
investment bank. He holds a
degree in Computer Science from
Cornell.
Jessica previously worked as the
Project Manager for a healthcare
technology start-up where she
served as the operation lead. She
worked directly with clients
onboarding them for their use of
the service. Jessica lead the
development of the onboarding
processes and demonstration
script for new users. She holds a
degree in History from Cornell.
Dontae has spent 5+ years
working with B2B and B2C
technology products. Armed with
product expertise in both
payments and mobile products, he
has also done several stints on
fast-paced sales teams and
managed strategic relationships
with large partners. He holds a
degree in Sociology from Stanford.
Conclusion
Given the lack of products in the marketplace that ACTUALLY solve the challenges associated with
online gifting, we’ve decided to build a platform to revolution that way that gifts are exchanged online.
Giving & receiving the right gift is tough!
It’s relatively simple to find out when your friend or family member’s
birthday is. However, it’s a lot more difficult to access the actual or
types of products that the people you care about like when gift
shopping.
Not only are search costs high – running around the mall or visiting
countless gift idea blogs online – there is risk of overspending on a gift
that your loved one doesn’t like. Sometimes knowing the right gift to
buy can save you money!
We’re making the process of gift giving simple,
social and scalable for users.
Easy to discover and add
items to “wish-lists”
Easy to coordinate groups and
purchase from vetted lists
Easy to purchase awesome
gifts from ANY online retailers
Our solutions
The Market
Market opportunity
We operate in the online gifting
space
- 4 Most frequent occasions
(Weddings, Baby Shower,
Birthdays, Graduation)
- “Occasion-agnostic”
- Enable group purchase
behavior
- Qualified lead and
Commission based fee
structures
Addressable
$8.7b
Total
Market
$23.9b
Realistic
$100.1m
The competition
Static
Responsive
Many retailersSingle retailer
Competitors analysis
Gyft FB Gifts Wrapp Jifiti
My
Registry
WaNeLo Glitzed
Seamless access
to multiple-retailer
sites
Group
Purchasing
Gift Cards &
Physical Goods
Optimized for
multiple
occasions
Interactive “Wish-
lists”
Opens New Categories
Expansion of gifting to
unaddressed verticals/segments
Behavior Specific Design
Product designed to remove
friction of gift receiving behavior
Universality
A persistent collection of purchase
intent that is retailer and occasion
agnostic
Our advantages
Product demo
RepeatPurchasePreferenceDiscovery
Intelligence
Brand Analytics
Product Analytics
Performance
Pay Per Click
Affiliate Marketing
Business model
Visibility
Sponsored Recommendation
Sponsored Search
Intelligence
Customer Analytics
Marketing
Marketing Team Composition 2
Salary Cost $60,000
Salary + Overhead $63,000
Total Team Cost $126,000
Campaigns per year 12
Reach per campaign 2,000,000
Total annual impressions 24,000,000
Conversion rate 0.90%
Total acquired customers 216,000
Customer Acquisition Cost per User $0.58
As of January 2014, 98% of 18-24 year olds use social media (http://www.statisticbrain.com/social-networking-statistics)
Establish brand through different social media channels
beginning with: Facebook, Instagram, and Twitter
Viral Strategies: Start with an exciting marketing
campaign called “Worst Gift Ever” to get people
engaged by using #worstgiftever
Low acquisition cost per user through
our social media focus
2016
2017
Cash flow positive
500 retail partners
$1b transaction volume
Profitability
1,250 retail partners
$1.5b transaction volume
Milestones
0
1,000
2,000
3,000
4,000
5,000
6,000
2014 2015 2016 2017
Thousands
Users
Use of proceeds
Production 20%
Salaries 50%
25% Advertising & PR
5% Office Space
$ 600,000
Financial Projection
25% Advertising & PR
5% Office Space
$ 600,000
$0
$100
$200
$300
$400
$500
$600
$700
$800
$900
$1,000
2014 2015 2016 2017Thousands
Pro Forma Costs
Year 1 Monthly Burn = $37,500
Total Burn = $450,000
Year 2 Monthly Burn = $41,667
Total Burn = $500,000
Runway 16 months
Thank you!
Contact
glitzed.com
info@glitzed.com
twitter.com/glitzed
pinterest.com/glitzed
facebook.com/glitzed
Slide 3 image #1
http://www.flickr.com/photos/chantelbeam/3325112816/
Slide 3 image #2
http://www.flickr.com/photos/cubmundo/6184306158/
Slide 3 image #3
http://www.flickr.com/photos/kryziz/4316961646/
Slide 5
http://www.flickr.com/photos/thomaschung/9407289467/
Slide 8
http://unsplash.com/post/55904523633/
Image credits Icons
http://http://depositphotos.com/24759107/stock-photo-key-
violet-circle-web-glossy-icon.html/

More Related Content

What's hot

INTEGRATE Chicago - J. Bryan Bennett
INTEGRATE Chicago - J. Bryan BennettINTEGRATE Chicago - J. Bryan Bennett
INTEGRATE Chicago - J. Bryan Bennett
IMCWVU
 
Digital Demand Generation for Credit Unions
Digital Demand Generation for Credit UnionsDigital Demand Generation for Credit Unions
Digital Demand Generation for Credit Unions
edynamic
 
The warm up : preparing for a digital sales program with Extra Mile
The warm up : preparing for a digital sales program with Extra MileThe warm up : preparing for a digital sales program with Extra Mile
The warm up : preparing for a digital sales program with Extra Mile
Guillaume Larronde-Larretche
 
Design for Customer Engagement: Digital Marketing Strategy
Design for Customer Engagement: Digital Marketing StrategyDesign for Customer Engagement: Digital Marketing Strategy
Design for Customer Engagement: Digital Marketing Strategy
Techedge Group
 
5 Components of Digital Marketing Operations
5 Components of Digital Marketing Operations5 Components of Digital Marketing Operations
5 Components of Digital Marketing Operations
McKinsey on Marketing & Sales
 
E-commerce Best Practices: Growing Your Email List
E-commerce Best Practices: Growing Your Email ListE-commerce Best Practices: Growing Your Email List
E-commerce Best Practices: Growing Your Email List
Tim Peter
 
Ian Greenen
Ian GreenenIan Greenen
Ian Greenen
Ian Greenen
 
Maz @ SoAmpli social media crash course
Maz @ SoAmpli social media crash course Maz @ SoAmpli social media crash course
Maz @ SoAmpli social media crash course
Mishel Cordes
 
Tracking for Success – The Shifts Required To Futureproof Affiliate Marketing
Tracking for Success – The Shifts Required To Futureproof Affiliate MarketingTracking for Success – The Shifts Required To Futureproof Affiliate Marketing
Tracking for Success – The Shifts Required To Futureproof Affiliate Marketing
Affiliate Summit
 
The CMO's Guide to Performance Marketing
The CMO's Guide to Performance MarketingThe CMO's Guide to Performance Marketing
The CMO's Guide to Performance Marketing
Matomy Media Group
 
Inside The Mind Of The B2B Buyer
Inside The Mind Of The B2B BuyerInside The Mind Of The B2B Buyer
Inside The Mind Of The B2B Buyer
G3 Communications
 
New SMG/CMSWire Research: The State of Digital CX
New SMG/CMSWire Research: The State of Digital CXNew SMG/CMSWire Research: The State of Digital CX
New SMG/CMSWire Research: The State of Digital CX
Digital Customer Experience (DX) Summit
 
Cronin 2022 Trends March 2022
Cronin 2022 Trends March 2022Cronin 2022 Trends March 2022
Cronin 2022 Trends March 2022
MiaWalters1
 
2012 B2B Buyer Behavior Survey Report
2012 B2B Buyer Behavior Survey Report2012 B2B Buyer Behavior Survey Report
2012 B2B Buyer Behavior Survey Report
G3 Communications
 
Deloitte_S4 HANA Finace for Retailers
Deloitte_S4 HANA Finace for RetailersDeloitte_S4 HANA Finace for Retailers
Deloitte_S4 HANA Finace for Retailers
Arjun Krishnamurthy
 
Digital Marketing For MBA Students presentation
Digital Marketing For MBA Students presentationDigital Marketing For MBA Students presentation
Digital Marketing For MBA Students presentation
Mahesh Wagh
 
Bigalytics
BigalyticsBigalytics
Bigalytics
Chidambar Kulkarni
 
Know Your Best Customer
Know Your Best CustomerKnow Your Best Customer
Know Your Best Customer
Wax Marketing, Inc.
 
Attribution Analysis
Attribution AnalysisAttribution Analysis
Attribution Analysis
Digital Pymes
 
Loyalty Matters
Loyalty MattersLoyalty Matters
Loyalty Matters
Sallie Burnett
 

What's hot (20)

INTEGRATE Chicago - J. Bryan Bennett
INTEGRATE Chicago - J. Bryan BennettINTEGRATE Chicago - J. Bryan Bennett
INTEGRATE Chicago - J. Bryan Bennett
 
Digital Demand Generation for Credit Unions
Digital Demand Generation for Credit UnionsDigital Demand Generation for Credit Unions
Digital Demand Generation for Credit Unions
 
The warm up : preparing for a digital sales program with Extra Mile
The warm up : preparing for a digital sales program with Extra MileThe warm up : preparing for a digital sales program with Extra Mile
The warm up : preparing for a digital sales program with Extra Mile
 
Design for Customer Engagement: Digital Marketing Strategy
Design for Customer Engagement: Digital Marketing StrategyDesign for Customer Engagement: Digital Marketing Strategy
Design for Customer Engagement: Digital Marketing Strategy
 
5 Components of Digital Marketing Operations
5 Components of Digital Marketing Operations5 Components of Digital Marketing Operations
5 Components of Digital Marketing Operations
 
E-commerce Best Practices: Growing Your Email List
E-commerce Best Practices: Growing Your Email ListE-commerce Best Practices: Growing Your Email List
E-commerce Best Practices: Growing Your Email List
 
Ian Greenen
Ian GreenenIan Greenen
Ian Greenen
 
Maz @ SoAmpli social media crash course
Maz @ SoAmpli social media crash course Maz @ SoAmpli social media crash course
Maz @ SoAmpli social media crash course
 
Tracking for Success – The Shifts Required To Futureproof Affiliate Marketing
Tracking for Success – The Shifts Required To Futureproof Affiliate MarketingTracking for Success – The Shifts Required To Futureproof Affiliate Marketing
Tracking for Success – The Shifts Required To Futureproof Affiliate Marketing
 
The CMO's Guide to Performance Marketing
The CMO's Guide to Performance MarketingThe CMO's Guide to Performance Marketing
The CMO's Guide to Performance Marketing
 
Inside The Mind Of The B2B Buyer
Inside The Mind Of The B2B BuyerInside The Mind Of The B2B Buyer
Inside The Mind Of The B2B Buyer
 
New SMG/CMSWire Research: The State of Digital CX
New SMG/CMSWire Research: The State of Digital CXNew SMG/CMSWire Research: The State of Digital CX
New SMG/CMSWire Research: The State of Digital CX
 
Cronin 2022 Trends March 2022
Cronin 2022 Trends March 2022Cronin 2022 Trends March 2022
Cronin 2022 Trends March 2022
 
2012 B2B Buyer Behavior Survey Report
2012 B2B Buyer Behavior Survey Report2012 B2B Buyer Behavior Survey Report
2012 B2B Buyer Behavior Survey Report
 
Deloitte_S4 HANA Finace for Retailers
Deloitte_S4 HANA Finace for RetailersDeloitte_S4 HANA Finace for Retailers
Deloitte_S4 HANA Finace for Retailers
 
Digital Marketing For MBA Students presentation
Digital Marketing For MBA Students presentationDigital Marketing For MBA Students presentation
Digital Marketing For MBA Students presentation
 
Bigalytics
BigalyticsBigalytics
Bigalytics
 
Know Your Best Customer
Know Your Best CustomerKnow Your Best Customer
Know Your Best Customer
 
Attribution Analysis
Attribution AnalysisAttribution Analysis
Attribution Analysis
 
Loyalty Matters
Loyalty MattersLoyalty Matters
Loyalty Matters
 

Similar to Glitzed final presentation

Business model design emerge
Business model design   emergeBusiness model design   emerge
Business model design emerge
Founder-Centric
 
Digital Marketing Overview and Fundamentals
Digital Marketing Overview and FundamentalsDigital Marketing Overview and Fundamentals
Digital Marketing Overview and Fundamentals
RaviSharma422506
 
Lead Scoring Aligning Sales Marketing
Lead Scoring Aligning Sales MarketingLead Scoring Aligning Sales Marketing
Lead Scoring Aligning Sales Marketing
Silverpop
 
Feeding Business Growth: PR, Marketing, Advertising, Business Development
Feeding Business Growth:  PR, Marketing, Advertising, Business DevelopmentFeeding Business Growth:  PR, Marketing, Advertising, Business Development
Feeding Business Growth: PR, Marketing, Advertising, Business Development
Dawn Yankeelov
 
Overview of Imaj Associates
Overview of Imaj AssociatesOverview of Imaj Associates
Overview of Imaj Associates
Jeffrey Morse
 
Session 3 Yean Cheong
Session 3   Yean CheongSession 3   Yean Cheong
Session 3 Yean Cheong
Innovation Centre
 
Online Branding University Presentation
Online Branding University PresentationOnline Branding University Presentation
Online Branding University Presentation
clare Williams
 
Social Learning Innovation
Social Learning InnovationSocial Learning Innovation
Social Learning Innovation
Mzinga
 
Master fi serv_deck
Master fi serv_deckMaster fi serv_deck
Master fi serv_deck
Mzinga
 
Seed Strategy, The Growth Acceleration Firm
Seed Strategy, The Growth Acceleration FirmSeed Strategy, The Growth Acceleration Firm
Seed Strategy, The Growth Acceleration Firm
Seed Strategy
 
Buyerlytics is the Science of Selling
Buyerlytics is the Science of SellingBuyerlytics is the Science of Selling
Buyerlytics is the Science of Selling
Infinity Contact
 
Customer Experience and Predictive Analytics
Customer Experience and Predictive AnalyticsCustomer Experience and Predictive Analytics
Customer Experience and Predictive Analytics
Rick VARGAS
 
Customer Driven Social Communities
Customer Driven Social CommunitiesCustomer Driven Social Communities
Customer Driven Social Communities
iGo2 Pty Ltd
 
Digital Marketing in Canada, an Introduction
Digital Marketing in Canada, an IntroductionDigital Marketing in Canada, an Introduction
Digital Marketing in Canada, an Introduction
Alex Rascanu
 
2016.08.THAT Conference - GROWING NEW PRODUCTS - VALIDATING YOUR NEW PRODUCT ...
2016.08.THAT Conference - GROWING NEW PRODUCTS - VALIDATING YOUR NEW PRODUCT ...2016.08.THAT Conference - GROWING NEW PRODUCTS - VALIDATING YOUR NEW PRODUCT ...
2016.08.THAT Conference - GROWING NEW PRODUCTS - VALIDATING YOUR NEW PRODUCT ...
Ryan D. Hatch
 
Fantastic Metrics (and where to find them)
Fantastic Metrics (and where to find them)Fantastic Metrics (and where to find them)
Fantastic Metrics (and where to find them)
Scout Digital Marketing
 
Maturity Model For Internet Marketing Strategy
Maturity Model For Internet Marketing StrategyMaturity Model For Internet Marketing Strategy
Maturity Model For Internet Marketing Strategy
Michael Galo
 
Roadmap to revenue thru data driven customer acquisition
Roadmap to revenue thru data driven customer acquisitionRoadmap to revenue thru data driven customer acquisition
Roadmap to revenue thru data driven customer acquisition
Max Connect Marketing
 
Brandable newsletter for printers and mailers
Brandable newsletter for printers and mailersBrandable newsletter for printers and mailers
Brandable newsletter for printers and mailers
Great Reach Communications
 
Insight Gathering
Insight GatheringInsight Gathering
Insight Gathering
Daggerfin
 

Similar to Glitzed final presentation (20)

Business model design emerge
Business model design   emergeBusiness model design   emerge
Business model design emerge
 
Digital Marketing Overview and Fundamentals
Digital Marketing Overview and FundamentalsDigital Marketing Overview and Fundamentals
Digital Marketing Overview and Fundamentals
 
Lead Scoring Aligning Sales Marketing
Lead Scoring Aligning Sales MarketingLead Scoring Aligning Sales Marketing
Lead Scoring Aligning Sales Marketing
 
Feeding Business Growth: PR, Marketing, Advertising, Business Development
Feeding Business Growth:  PR, Marketing, Advertising, Business DevelopmentFeeding Business Growth:  PR, Marketing, Advertising, Business Development
Feeding Business Growth: PR, Marketing, Advertising, Business Development
 
Overview of Imaj Associates
Overview of Imaj AssociatesOverview of Imaj Associates
Overview of Imaj Associates
 
Session 3 Yean Cheong
Session 3   Yean CheongSession 3   Yean Cheong
Session 3 Yean Cheong
 
Online Branding University Presentation
Online Branding University PresentationOnline Branding University Presentation
Online Branding University Presentation
 
Social Learning Innovation
Social Learning InnovationSocial Learning Innovation
Social Learning Innovation
 
Master fi serv_deck
Master fi serv_deckMaster fi serv_deck
Master fi serv_deck
 
Seed Strategy, The Growth Acceleration Firm
Seed Strategy, The Growth Acceleration FirmSeed Strategy, The Growth Acceleration Firm
Seed Strategy, The Growth Acceleration Firm
 
Buyerlytics is the Science of Selling
Buyerlytics is the Science of SellingBuyerlytics is the Science of Selling
Buyerlytics is the Science of Selling
 
Customer Experience and Predictive Analytics
Customer Experience and Predictive AnalyticsCustomer Experience and Predictive Analytics
Customer Experience and Predictive Analytics
 
Customer Driven Social Communities
Customer Driven Social CommunitiesCustomer Driven Social Communities
Customer Driven Social Communities
 
Digital Marketing in Canada, an Introduction
Digital Marketing in Canada, an IntroductionDigital Marketing in Canada, an Introduction
Digital Marketing in Canada, an Introduction
 
2016.08.THAT Conference - GROWING NEW PRODUCTS - VALIDATING YOUR NEW PRODUCT ...
2016.08.THAT Conference - GROWING NEW PRODUCTS - VALIDATING YOUR NEW PRODUCT ...2016.08.THAT Conference - GROWING NEW PRODUCTS - VALIDATING YOUR NEW PRODUCT ...
2016.08.THAT Conference - GROWING NEW PRODUCTS - VALIDATING YOUR NEW PRODUCT ...
 
Fantastic Metrics (and where to find them)
Fantastic Metrics (and where to find them)Fantastic Metrics (and where to find them)
Fantastic Metrics (and where to find them)
 
Maturity Model For Internet Marketing Strategy
Maturity Model For Internet Marketing StrategyMaturity Model For Internet Marketing Strategy
Maturity Model For Internet Marketing Strategy
 
Roadmap to revenue thru data driven customer acquisition
Roadmap to revenue thru data driven customer acquisitionRoadmap to revenue thru data driven customer acquisition
Roadmap to revenue thru data driven customer acquisition
 
Brandable newsletter for printers and mailers
Brandable newsletter for printers and mailersBrandable newsletter for printers and mailers
Brandable newsletter for printers and mailers
 
Insight Gathering
Insight GatheringInsight Gathering
Insight Gathering
 

Recently uploaded

Digital Marketing Trends in 2024 | Guide for Staying Ahead
Digital Marketing Trends in 2024 | Guide for Staying AheadDigital Marketing Trends in 2024 | Guide for Staying Ahead
Digital Marketing Trends in 2024 | Guide for Staying Ahead
Wask
 
Skybuffer AI: Advanced Conversational and Generative AI Solution on SAP Busin...
Skybuffer AI: Advanced Conversational and Generative AI Solution on SAP Busin...Skybuffer AI: Advanced Conversational and Generative AI Solution on SAP Busin...
Skybuffer AI: Advanced Conversational and Generative AI Solution on SAP Busin...
Tatiana Kojar
 
Taking AI to the Next Level in Manufacturing.pdf
Taking AI to the Next Level in Manufacturing.pdfTaking AI to the Next Level in Manufacturing.pdf
Taking AI to the Next Level in Manufacturing.pdf
ssuserfac0301
 
Deep Dive: AI-Powered Marketing to Get More Leads and Customers with HyperGro...
Deep Dive: AI-Powered Marketing to Get More Leads and Customers with HyperGro...Deep Dive: AI-Powered Marketing to Get More Leads and Customers with HyperGro...
Deep Dive: AI-Powered Marketing to Get More Leads and Customers with HyperGro...
saastr
 
UI5 Controls simplified - UI5con2024 presentation
UI5 Controls simplified - UI5con2024 presentationUI5 Controls simplified - UI5con2024 presentation
UI5 Controls simplified - UI5con2024 presentation
Wouter Lemaire
 
Salesforce Integration for Bonterra Impact Management (fka Social Solutions A...
Salesforce Integration for Bonterra Impact Management (fka Social Solutions A...Salesforce Integration for Bonterra Impact Management (fka Social Solutions A...
Salesforce Integration for Bonterra Impact Management (fka Social Solutions A...
Jeffrey Haguewood
 
TrustArc Webinar - 2024 Global Privacy Survey
TrustArc Webinar - 2024 Global Privacy SurveyTrustArc Webinar - 2024 Global Privacy Survey
TrustArc Webinar - 2024 Global Privacy Survey
TrustArc
 
Main news related to the CCS TSI 2023 (2023/1695)
Main news related to the CCS TSI 2023 (2023/1695)Main news related to the CCS TSI 2023 (2023/1695)
Main news related to the CCS TSI 2023 (2023/1695)
Jakub Marek
 
Ocean lotus Threat actors project by John Sitima 2024 (1).pptx
Ocean lotus Threat actors project by John Sitima 2024 (1).pptxOcean lotus Threat actors project by John Sitima 2024 (1).pptx
Ocean lotus Threat actors project by John Sitima 2024 (1).pptx
SitimaJohn
 
Serial Arm Control in Real Time Presentation
Serial Arm Control in Real Time PresentationSerial Arm Control in Real Time Presentation
Serial Arm Control in Real Time Presentation
tolgahangng
 
Finale of the Year: Apply for Next One!
Finale of the Year: Apply for Next One!Finale of the Year: Apply for Next One!
Finale of the Year: Apply for Next One!
GDSC PJATK
 
Nordic Marketo Engage User Group_June 13_ 2024.pptx
Nordic Marketo Engage User Group_June 13_ 2024.pptxNordic Marketo Engage User Group_June 13_ 2024.pptx
Nordic Marketo Engage User Group_June 13_ 2024.pptx
MichaelKnudsen27
 
leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...
leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...
leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...
alexjohnson7307
 
Monitoring and Managing Anomaly Detection on OpenShift.pdf
Monitoring and Managing Anomaly Detection on OpenShift.pdfMonitoring and Managing Anomaly Detection on OpenShift.pdf
Monitoring and Managing Anomaly Detection on OpenShift.pdf
Tosin Akinosho
 
Presentation of the OECD Artificial Intelligence Review of Germany
Presentation of the OECD Artificial Intelligence Review of GermanyPresentation of the OECD Artificial Intelligence Review of Germany
Presentation of the OECD Artificial Intelligence Review of Germany
innovationoecd
 
A Comprehensive Guide to DeFi Development Services in 2024
A Comprehensive Guide to DeFi Development Services in 2024A Comprehensive Guide to DeFi Development Services in 2024
A Comprehensive Guide to DeFi Development Services in 2024
Intelisync
 
AWS Cloud Cost Optimization Presentation.pptx
AWS Cloud Cost Optimization Presentation.pptxAWS Cloud Cost Optimization Presentation.pptx
AWS Cloud Cost Optimization Presentation.pptx
HarisZaheer8
 
Artificial Intelligence for XMLDevelopment
Artificial Intelligence for XMLDevelopmentArtificial Intelligence for XMLDevelopment
Artificial Intelligence for XMLDevelopment
Octavian Nadolu
 
Driving Business Innovation: Latest Generative AI Advancements & Success Story
Driving Business Innovation: Latest Generative AI Advancements & Success StoryDriving Business Innovation: Latest Generative AI Advancements & Success Story
Driving Business Innovation: Latest Generative AI Advancements & Success Story
Safe Software
 
HCL Notes and Domino License Cost Reduction in the World of DLAU
HCL Notes and Domino License Cost Reduction in the World of DLAUHCL Notes and Domino License Cost Reduction in the World of DLAU
HCL Notes and Domino License Cost Reduction in the World of DLAU
panagenda
 

Recently uploaded (20)

Digital Marketing Trends in 2024 | Guide for Staying Ahead
Digital Marketing Trends in 2024 | Guide for Staying AheadDigital Marketing Trends in 2024 | Guide for Staying Ahead
Digital Marketing Trends in 2024 | Guide for Staying Ahead
 
Skybuffer AI: Advanced Conversational and Generative AI Solution on SAP Busin...
Skybuffer AI: Advanced Conversational and Generative AI Solution on SAP Busin...Skybuffer AI: Advanced Conversational and Generative AI Solution on SAP Busin...
Skybuffer AI: Advanced Conversational and Generative AI Solution on SAP Busin...
 
Taking AI to the Next Level in Manufacturing.pdf
Taking AI to the Next Level in Manufacturing.pdfTaking AI to the Next Level in Manufacturing.pdf
Taking AI to the Next Level in Manufacturing.pdf
 
Deep Dive: AI-Powered Marketing to Get More Leads and Customers with HyperGro...
Deep Dive: AI-Powered Marketing to Get More Leads and Customers with HyperGro...Deep Dive: AI-Powered Marketing to Get More Leads and Customers with HyperGro...
Deep Dive: AI-Powered Marketing to Get More Leads and Customers with HyperGro...
 
UI5 Controls simplified - UI5con2024 presentation
UI5 Controls simplified - UI5con2024 presentationUI5 Controls simplified - UI5con2024 presentation
UI5 Controls simplified - UI5con2024 presentation
 
Salesforce Integration for Bonterra Impact Management (fka Social Solutions A...
Salesforce Integration for Bonterra Impact Management (fka Social Solutions A...Salesforce Integration for Bonterra Impact Management (fka Social Solutions A...
Salesforce Integration for Bonterra Impact Management (fka Social Solutions A...
 
TrustArc Webinar - 2024 Global Privacy Survey
TrustArc Webinar - 2024 Global Privacy SurveyTrustArc Webinar - 2024 Global Privacy Survey
TrustArc Webinar - 2024 Global Privacy Survey
 
Main news related to the CCS TSI 2023 (2023/1695)
Main news related to the CCS TSI 2023 (2023/1695)Main news related to the CCS TSI 2023 (2023/1695)
Main news related to the CCS TSI 2023 (2023/1695)
 
Ocean lotus Threat actors project by John Sitima 2024 (1).pptx
Ocean lotus Threat actors project by John Sitima 2024 (1).pptxOcean lotus Threat actors project by John Sitima 2024 (1).pptx
Ocean lotus Threat actors project by John Sitima 2024 (1).pptx
 
Serial Arm Control in Real Time Presentation
Serial Arm Control in Real Time PresentationSerial Arm Control in Real Time Presentation
Serial Arm Control in Real Time Presentation
 
Finale of the Year: Apply for Next One!
Finale of the Year: Apply for Next One!Finale of the Year: Apply for Next One!
Finale of the Year: Apply for Next One!
 
Nordic Marketo Engage User Group_June 13_ 2024.pptx
Nordic Marketo Engage User Group_June 13_ 2024.pptxNordic Marketo Engage User Group_June 13_ 2024.pptx
Nordic Marketo Engage User Group_June 13_ 2024.pptx
 
leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...
leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...
leewayhertz.com-AI in predictive maintenance Use cases technologies benefits ...
 
Monitoring and Managing Anomaly Detection on OpenShift.pdf
Monitoring and Managing Anomaly Detection on OpenShift.pdfMonitoring and Managing Anomaly Detection on OpenShift.pdf
Monitoring and Managing Anomaly Detection on OpenShift.pdf
 
Presentation of the OECD Artificial Intelligence Review of Germany
Presentation of the OECD Artificial Intelligence Review of GermanyPresentation of the OECD Artificial Intelligence Review of Germany
Presentation of the OECD Artificial Intelligence Review of Germany
 
A Comprehensive Guide to DeFi Development Services in 2024
A Comprehensive Guide to DeFi Development Services in 2024A Comprehensive Guide to DeFi Development Services in 2024
A Comprehensive Guide to DeFi Development Services in 2024
 
AWS Cloud Cost Optimization Presentation.pptx
AWS Cloud Cost Optimization Presentation.pptxAWS Cloud Cost Optimization Presentation.pptx
AWS Cloud Cost Optimization Presentation.pptx
 
Artificial Intelligence for XMLDevelopment
Artificial Intelligence for XMLDevelopmentArtificial Intelligence for XMLDevelopment
Artificial Intelligence for XMLDevelopment
 
Driving Business Innovation: Latest Generative AI Advancements & Success Story
Driving Business Innovation: Latest Generative AI Advancements & Success StoryDriving Business Innovation: Latest Generative AI Advancements & Success Story
Driving Business Innovation: Latest Generative AI Advancements & Success Story
 
HCL Notes and Domino License Cost Reduction in the World of DLAU
HCL Notes and Domino License Cost Reduction in the World of DLAUHCL Notes and Domino License Cost Reduction in the World of DLAU
HCL Notes and Domino License Cost Reduction in the World of DLAU
 

Glitzed final presentation

  • 1.
  • 2. CTO - ChiragChoskey Growth - Jessica Weinstein Partnerships -Dontae Rayford Our team CEO - Derlen Chiu Derlen has worked with startups as an entrepreneur and consultant. As a co-founder of a sports gamification startup, he led customer development and formed partnerships to drive user acquisition. He holds a degree in Economics from Case Western Reserve. Chirag has a background in technology and engineering. Previously, he led the development and support of a derivatives trading platform at an investment bank. He holds a degree in Computer Science from Cornell. Jessica previously worked as the Project Manager for a healthcare technology start-up where she served as the operation lead. She worked directly with clients onboarding them for their use of the service. Jessica lead the development of the onboarding processes and demonstration script for new users. She holds a degree in History from Cornell. Dontae has spent 5+ years working with B2B and B2C technology products. Armed with product expertise in both payments and mobile products, he has also done several stints on fast-paced sales teams and managed strategic relationships with large partners. He holds a degree in Sociology from Stanford.
  • 3. Conclusion Given the lack of products in the marketplace that ACTUALLY solve the challenges associated with online gifting, we’ve decided to build a platform to revolution that way that gifts are exchanged online. Giving & receiving the right gift is tough! It’s relatively simple to find out when your friend or family member’s birthday is. However, it’s a lot more difficult to access the actual or types of products that the people you care about like when gift shopping. Not only are search costs high – running around the mall or visiting countless gift idea blogs online – there is risk of overspending on a gift that your loved one doesn’t like. Sometimes knowing the right gift to buy can save you money!
  • 4. We’re making the process of gift giving simple, social and scalable for users. Easy to discover and add items to “wish-lists” Easy to coordinate groups and purchase from vetted lists Easy to purchase awesome gifts from ANY online retailers Our solutions
  • 5. The Market Market opportunity We operate in the online gifting space - 4 Most frequent occasions (Weddings, Baby Shower, Birthdays, Graduation) - “Occasion-agnostic” - Enable group purchase behavior - Qualified lead and Commission based fee structures Addressable $8.7b Total Market $23.9b Realistic $100.1m
  • 7. Competitors analysis Gyft FB Gifts Wrapp Jifiti My Registry WaNeLo Glitzed Seamless access to multiple-retailer sites Group Purchasing Gift Cards & Physical Goods Optimized for multiple occasions Interactive “Wish- lists”
  • 8. Opens New Categories Expansion of gifting to unaddressed verticals/segments Behavior Specific Design Product designed to remove friction of gift receiving behavior Universality A persistent collection of purchase intent that is retailer and occasion agnostic Our advantages
  • 10. RepeatPurchasePreferenceDiscovery Intelligence Brand Analytics Product Analytics Performance Pay Per Click Affiliate Marketing Business model Visibility Sponsored Recommendation Sponsored Search Intelligence Customer Analytics
  • 11. Marketing Marketing Team Composition 2 Salary Cost $60,000 Salary + Overhead $63,000 Total Team Cost $126,000 Campaigns per year 12 Reach per campaign 2,000,000 Total annual impressions 24,000,000 Conversion rate 0.90% Total acquired customers 216,000 Customer Acquisition Cost per User $0.58 As of January 2014, 98% of 18-24 year olds use social media (http://www.statisticbrain.com/social-networking-statistics) Establish brand through different social media channels beginning with: Facebook, Instagram, and Twitter Viral Strategies: Start with an exciting marketing campaign called “Worst Gift Ever” to get people engaged by using #worstgiftever Low acquisition cost per user through our social media focus
  • 12. 2016 2017 Cash flow positive 500 retail partners $1b transaction volume Profitability 1,250 retail partners $1.5b transaction volume Milestones 0 1,000 2,000 3,000 4,000 5,000 6,000 2014 2015 2016 2017 Thousands Users
  • 13. Use of proceeds Production 20% Salaries 50% 25% Advertising & PR 5% Office Space $ 600,000
  • 14. Financial Projection 25% Advertising & PR 5% Office Space $ 600,000 $0 $100 $200 $300 $400 $500 $600 $700 $800 $900 $1,000 2014 2015 2016 2017Thousands Pro Forma Costs Year 1 Monthly Burn = $37,500 Total Burn = $450,000 Year 2 Monthly Burn = $41,667 Total Burn = $500,000 Runway 16 months
  • 17. Slide 3 image #1 http://www.flickr.com/photos/chantelbeam/3325112816/ Slide 3 image #2 http://www.flickr.com/photos/cubmundo/6184306158/ Slide 3 image #3 http://www.flickr.com/photos/kryziz/4316961646/ Slide 5 http://www.flickr.com/photos/thomaschung/9407289467/ Slide 8 http://unsplash.com/post/55904523633/ Image credits Icons http://http://depositphotos.com/24759107/stock-photo-key- violet-circle-web-glossy-icon.html/