SlideShare a Scribd company logo
B2B Social Networks
     www.nitch.biz




    Michael Noble
Problems Being Solved with Nitch

1. Industry-specific collaboration for the SMB Market

2. B2B Targeting – Difficult for vendors to target
   specific businesses online. Consumer-centric
   environments dominate.
Micro-Targeting Consumers
Micro-Targeting Businesses
Open Platform
• Like Facebook, Nitch will have a public API for 3rd party integration

• We build links into specific Nitches for…
   • Ecommerce
   • Apps
   • Video
   • Twitter
   • Deals

• We’ve also built a number of our own tools
   • Vendor Reviews
   • Product/Service Bidding
   • Communication wall
   • Search
   • Our own Deals engine
   • B2B Ad engine
Targeting is the Key to Revenue Generation
1.   B2B Advertising
2.   B2B Search Results (B2B Adwords)
3.   B2B third party software applications (B2B AppStore)
4.   Wholesale eCommerce aggregator (B2B Amazon Marketplace)
5.   B2B Deals (B2B Groupon)


How could a vendor target their specific “niche” product or service to the right
vertical market?

The inherent organizational structure of Nitch solves this problem. We cater
each Nitch to meet the industry-specific needs of its members and vendors.
Forecast


                       Year 1    Year 2   Year 3     Year 4
Stats    Nitches         20       50        150        250
         Businesses     2,000    75,000   600,000   1,250,000

                                   (In thousands)
Revenue Advertising     $2       $358     $8,827    $35,098
        Deals           $5       $160     $2,026    $6,581
        Market          $45      $398     $1,724    $4,113
        Apps            $0       $80      $2,006    $8,210
        Search          $0       $183     $3,598    $22,217
        Subtotal        $52     $1,179    $18,181   $76,219
Progress

• Launched – December 2011
• 200+ businesses online
   • Word of mouth. Minimal marketing
• 18 Nitches Launched
• API’s include Quixey, YouTube, Amazon, RapidBuyr,
  Webstaurant Store, Twitter, PayPal
Long Term Goals
• 1M+ businesses organized into 300+ Nitches

• To be the leader in
   • B2B advertising
   • B2B app sales
   • B2B Deals
   • B2B Search Marketing
   • B2B eCommerce

• To the hub for the SMB market to manage their business efficiently.

• To be the first place a business comes in the morning
Funding to Date
• $30K (self funded)
• $12K (Project Skyway tech incubator)
• $50K (Angel)



                     Funds Needed
  • $500K*
  • Pre-Money: $2M
  • Use: Development, Partnerships, Marketing

           *MN Angel Tax Credit Certified (25% ROI)
Michael   Sabir




   MBA      MCS
Michael Noble
mnoble@nitch.biz
 952.657.4743
    nitch.biz

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Nitch 2 12-12

  • 1. B2B Social Networks www.nitch.biz Michael Noble
  • 2. Problems Being Solved with Nitch 1. Industry-specific collaboration for the SMB Market 2. B2B Targeting – Difficult for vendors to target specific businesses online. Consumer-centric environments dominate.
  • 5. Open Platform • Like Facebook, Nitch will have a public API for 3rd party integration • We build links into specific Nitches for… • Ecommerce • Apps • Video • Twitter • Deals • We’ve also built a number of our own tools • Vendor Reviews • Product/Service Bidding • Communication wall • Search • Our own Deals engine • B2B Ad engine
  • 6. Targeting is the Key to Revenue Generation 1. B2B Advertising 2. B2B Search Results (B2B Adwords) 3. B2B third party software applications (B2B AppStore) 4. Wholesale eCommerce aggregator (B2B Amazon Marketplace) 5. B2B Deals (B2B Groupon) How could a vendor target their specific “niche” product or service to the right vertical market? The inherent organizational structure of Nitch solves this problem. We cater each Nitch to meet the industry-specific needs of its members and vendors.
  • 7. Forecast Year 1 Year 2 Year 3 Year 4 Stats Nitches 20 50 150 250 Businesses 2,000 75,000 600,000 1,250,000 (In thousands) Revenue Advertising $2 $358 $8,827 $35,098 Deals $5 $160 $2,026 $6,581 Market $45 $398 $1,724 $4,113 Apps $0 $80 $2,006 $8,210 Search $0 $183 $3,598 $22,217 Subtotal $52 $1,179 $18,181 $76,219
  • 8. Progress • Launched – December 2011 • 200+ businesses online • Word of mouth. Minimal marketing • 18 Nitches Launched • API’s include Quixey, YouTube, Amazon, RapidBuyr, Webstaurant Store, Twitter, PayPal
  • 9. Long Term Goals • 1M+ businesses organized into 300+ Nitches • To be the leader in • B2B advertising • B2B app sales • B2B Deals • B2B Search Marketing • B2B eCommerce • To the hub for the SMB market to manage their business efficiently. • To be the first place a business comes in the morning
  • 10. Funding to Date • $30K (self funded) • $12K (Project Skyway tech incubator) • $50K (Angel) Funds Needed • $500K* • Pre-Money: $2M • Use: Development, Partnerships, Marketing *MN Angel Tax Credit Certified (25% ROI)
  • 11. Michael Sabir MBA MCS