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Goodzer Presentation
- 1. UltimateUltimate LocalLocal ProductProductSearchSearch
- 2. US RetailUS RetailMarketMarket ONLINEONLINE ((~9~9%)%) OFFLINEOFFLINE $4.13 TRILLION$4.13 TRILLION U.S. Census Bureau (calendar year 2009)
- 3. • EVERY productEVERYproduct will be foundfound • EVERY retailerEVERY retailer will be identifiedidentified Existing servicesExisting services
- 4. >1,000,000 stores>1,000,000 stores CompetitionCompetition~50,000 stores~50,000 stores InventoryInventory ReachReach
- 6. Manhattan,Manhattan, NYNY 22 773232 1401401212 2727 00 00
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- 8. DmitryDmitry PakhomkinPakhomkin Information systemsfrom ground up. Ran IT at the high-tech startup acquired for >$50M ArtemArtem ZarutskiyZarutskiy Guy from Siberia. Artificial Intelligence and Applied Mathematics RaymondRaymond CapeceCapece 20 years of senior management in startups from ground up to acquisitions
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Editor's Notes
- #2 Goodzer - ultimate product search.
- #3 Online purchase process is almost perfect. Easy to find what you need, easy to compare, easy to get the best price, you name it. Amazon, Ebay, Buy.com, PriceGrabber, etc, etc. But! Reportedly 90% of shopping in US still happens on Main Street, at the mall, at the big-box retailer and mom-n-pops stores down the road. So how does the internet help you find products in their neighborhood stores? What are the existing services? How good are they?
- #4 Currently retailers are required to establish relationships with these companies. It takes substantial amount of efforts and time makes it impossible to scale. Goodzer developed software which can automatically collect product data from each and every store. And best of all – it doesn’t require any effort from the retailer.
- #5 While competition brags about 50,000 stores they have. 15,000 in NYC in 2 days Goodzer will be able to find goods from over 1,000,000 locations in US in 2 month period of time Repeat!
- #7 And what about the quality? Island of Manhattan – the largest concentration of the retailers in the US.
- #9 Change description