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                    C nu e wle es
                     osmr il ms ,
                                b      y
                    epniv ad if u -
                     xese n df l   ic t
                   B2B will be far easier
                  ( elvn e cs s d f
                  w’l e b a a t yo
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Pu
 al       Aa
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Andrew Birt to the rescue



           •   Start with a consumer play but be open to the
               idea of a B2B model longterm.

           •   Starting with consumers will make it easier to
               sell to enterprises later

           •   Still try and use GetPrice’s offer of being the
               case study
Equity splits, vesting, accounting & legals



          •   Use Zero cloud accounting

          •   have a plain english memorandum of understanding

          •   agree to everything BEFORE going to a lawyer

          •   Have debt agreements

          •   Know that everything can and will change when you get investment
La f m or o pt r
er r yu C me os
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OOK ORC M T E E
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     0 iss 9 dy

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           t             x sr
                          ues
       bf e ovr n
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         o     s
Acquisition -
# users that visits site (track growth over time)
# users that don’t abandon

Activation -
Signs up with facebook
Happy first visit - Stays on site for more than 90 seconds
- clicks through to the details lightbox of at least one gift

Retention -
Repeat visitor - 3+ visits in 90 days

Referral -
Refers 1+ users who visit the site
Refers 1+ users who activate
Measure Facebook share, likes, tweets, pins, pluses

Revenue -
Users who generate minimum level of revenue
Users who generate break even level of revenue
track value of 1 user (Paid advertising Google adWords &
Facebook advertising)
G torp othr
 e yu ap u t e
            e

User testing at this stage is extremely important.

Doesn’t matter if it’s buggy, slow, doesn’t look great or is missing vital
features.
Some people won’t use the app solely because of it currently requires FB login.




                Already people are asking for reminders that
                happen 3-4 weeks before important events.
Userbility Testing




                      gteo mna n nin
                      ifrcm edt eg e
                              io
                                  Ahg wloc b
                                    ue a t l
                                        l im

People didn’t realise you could drill down on the persons likes. We added an explore gifts button
Userbility Testing




The quick suggestions were adding more negative value than positive so we have hidden them.
People love being able to drill down by interest, they really like the budget filter and
to be able to filter by categories, though it doesn’t work well enough just yet.

Most importantly, even at this early in the product development stage, we have
received validation that people want to search for gifts based on peoples interests.
inop r in t e t e
    croa ga sim
        t k

A d o ne t t e h t e ogt rh f tim
 n yu ed o a t im t e itigtir t e
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  e o hv oe 2 df e ag so R e sd u
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Learning pitch deck week 3

  • 1. G ts if s l e T e a r a t fd e oaad en g lif h es wyo in pr nln mainf gt ie s u s PuH ys al ae A a N u an dm emn
  • 2. W hd u bses o e e a or uinsm dl ca ne b D v W it a hl gd y aid he n l e m ( ir tr f a e go G t ic) D e o o Mr t f e re c k in r p C nu e wle es osmr il ms , b y epniv ad if u - xese n df l ic t B2B will be far easier ( elvn e cs s d f w’l e b a a t yo e eu r yu j y 5,00 l) o - u 10 0+ is ic t Pu al Aa dm
  • 3. Andrew Birt to the rescue • Start with a consumer play but be open to the idea of a B2B model longterm. • Starting with consumers will make it easier to sell to enterprises later • Still try and use GetPrice’s offer of being the case study
  • 4. Equity splits, vesting, accounting & legals • Use Zero cloud accounting • have a plain english memorandum of understanding • agree to everything BEFORE going to a lawyer • Have debt agreements • Know that everything can and will change when you get investment
  • 5. La f m or o pt r er r yu C me os no it
  • 6. Lo f cm o t ms o ko o m n h e r e
  • 7. L OOK ORC M T E E F OM ON H MS
  • 8. Mt t b g e or h s a h o l dm g pic c o a
  • 9. H wofd or e or h t og o t in yu dm g pich uh a r Fcb o avr in aeo k de isg t S p )Cet a e or h nu a t 1 r e dm g pic et l e a a r f eo k de isg a pig f ue o a b o avr in cmano sd n c t c t po l yu r t in t sl . h rb m o a r go o e e e ey v S p )Ma r t dm g pic f m t 2 es e h e or h sr e u e a o t CR h T e
  • 10. 6 o l ega f dm dy tpe lol o e o a v sr 1 Ko or OC & T C& A R mt s ) nw u C A LV A R R e ic r 2 10 if eo mna n pr a d ay en p s l ) 0 gt cm edt s uc s - n mas os e r io he ib 3 H v a avoy or -cm it d Po lbf e oe) ) ae n disrb a d o mt ( ep e r m ny e e o 4 V cl o eagls5 vne t ) oa# fvne t( eagls is is) 5 H v a l f Xm n sot fue Ou icbrs e ) ae p no a r ot t h u r ( r ee l ) h e t g id 6 B alt dm nt t t c n a pcic e icl ) e b o e osa r t in seif vr a e r e a io t A tnb atn f t nx f wes c al c so h et w ek io e io r e e 1 R n $0 B a pig, ko C R& igu pr n g ) u a 5 F cman nw T snp e et e c a 2 St t ail einso A ao & e Blo ) e p h fia lk f mzn R d a n u e ft r l o 3 I n y p s lavoyon cnidt ) d t 5 os e disrrud ad a s e if ib e 4 R c it eagl ) er 1 vne t u is 5 W it a pg mr tg l ) re 3 ae a e p n k in a 6 I n y u dm g pic ) d t or e or h e if a
  • 11. x sr ues FsT e iss ir im V it t SO SM Scl e r lD et E E oia R f r e a ir c U e t tigu sr h snp s a wh aeo k it Fcb o x sr ues +3 iss 9 dy vitin 0 as x sr ues x sr ues +1 vitin 0 as 0 iss 9 dy Md al soe ae t a n et x sr ues vit o t canl is f m h hne r is pio t cne io r ro ovr n s Lstuh a oc t x sr ues bf e ovr n e r cne io o s
  • 12. Acquisition - # users that visits site (track growth over time) # users that don’t abandon Activation - Signs up with facebook Happy first visit - Stays on site for more than 90 seconds - clicks through to the details lightbox of at least one gift Retention - Repeat visitor - 3+ visits in 90 days Referral - Refers 1+ users who visit the site Refers 1+ users who activate Measure Facebook share, likes, tweets, pins, pluses Revenue - Users who generate minimum level of revenue Users who generate break even level of revenue track value of 1 user (Paid advertising Google adWords & Facebook advertising)
  • 13. G torp othr e yu ap u t e e User testing at this stage is extremely important. Doesn’t matter if it’s buggy, slow, doesn’t look great or is missing vital features.
  • 14. Some people won’t use the app solely because of it currently requires FB login. Already people are asking for reminders that happen 3-4 weeks before important events.
  • 15. Userbility Testing gteo mna n nin ifrcm edt eg e io Ahg wloc b ue a t l l im People didn’t realise you could drill down on the persons likes. We added an explore gifts button
  • 16. Userbility Testing The quick suggestions were adding more negative value than positive so we have hidden them.
  • 17. People love being able to drill down by interest, they really like the budget filter and to be able to filter by categories, though it doesn’t work well enough just yet. Most importantly, even at this early in the product development stage, we have received validation that people want to search for gifts based on peoples interests.
  • 18. inop r in t e t e croa ga sim t k A d o ne t t e h t e ogt rh f tim n yu ed o a t im t e itigtir t e k e s V s g g e et et ar mn in e s Sa hl rg e et hr o e ar mn e d e s Epc tn o ec ohr xetios fah t a e Ia igmn P s n et s Txtn se cue b vs g aa is sasd y et io u in
  • 19. P wh a mr o R it Sm a in t W nw ae vr 0 ifr tnl f P . W ue or e o hv oe 2 df e ag so R e sd u en e r l rinsos r a in r w it w w o e e il m u e n g t c e n t v wh w .p wr t .c .a a o e ie ra o
  • 20. G ts if s l e Scl ifR cm edtn oiaG t eo mna s io PuH ys al ae A a N u an dm emn