ONLINE SHOPPING 2.0 –SOCIAL
MARKETPLACE
The Elevator Pitch

For Consumers who want more personalization and social experience in online
shopping


we provide a Social marketplace.


Unlike current online selling models, on our platform ,

customers and local merchants are directly connected and are free to sell or to give
offers to each other. The Social network in the platform enables authentic reviews,
personalization and sharing which helps in informed shopping, social curation and
discovery, delivering an unparalleled social shopping experience.
Status Quo
But..




   Has anyone I know bought it ?
   What is the verdict I can trust?
How do I know this Sale/Offer is worth it ?
I trust my friends for recos...




But at which merchant are they buying ?
        What are they buying ?
   What is their view on this place ?

IF ONLY I COULD COLLATE FRIENDS’
     EXPERIENCES & RECOS...
Social Discovery Is Best Discovery




Nothing like this in Online Shopping
OffersnPals
SOCIAL SHOPPING MARKETPLACE
  Revolutionizes online shopping by enabling you to..

   See Your Friends Reviews Before Buying
    Social Discovery of great offers and merchants
    Share your own reviews, buys and experiences

                 And of course..

                     BUY
How It Impacts ?
    FEED USER SEES ON OFFERSNPALS                  VALUE TO USERS

 Arjun raved about “Drona Archeries”      Must be a nice place
                                          (SOCIAL DISCOVERY)

Tom Bought an offer by “Sports Inc”       I will check this place to buy my
                                          sneakers (DISCOVERY + BUY)


 Chloe bought a dress from “Vrinz”        Chloe is fashionable. So Vrinz must
                                          be top class (TRUSTED REVIEW)


Himalaya Inc”offers 40% Discount on Ice   I am so looking for Ice Packs
                                          (DISCOVERY + BUY)
And convenience of A Single Platform

             No sharing/social reviews

                                         Shopping




                                         Reviews
                                         (Only on Food,
                                         anonymous and
                                         hence not helpful)



                                          Sharing
How Does It Look Like
The Mobile Epiphany

  This place, 200 meters from here is running a
 20% Off. It’s been rated 4 Stars by your friends
                                                    Good
Tom, Kick, Harry and Achilles. Other users rated    Stuff
  it 5 Stars. 2 of your friends bought from here

<SEE REVIEWS> <SEE OFFER> <BUY NOW>




 Social. Local.
Mobile. Shopping.
Online Shopping Status Quo

Problems for Local Merchants
No “Platform” Available
                 •   Not designed for commerce
                 •   No Reviews facility. Likes isn’t a review
Facebook Page:   •   Limited Reach through Pages for small guys
                 •   Can’t create customized Sales/Offers
                 •   Makes sense for big brands only




                 • Not Social.
G-Market:        • No social reviews/curation/discovery
And Problems With Deal Sites..

They control the economics

Marketing is weak and transient

Too much paper work, contracts etc
How we solve problems for merchants
          SALES & ECONOMICS
  Self service platform. Sell what you want at the price you
  want. Whenever. Whatever Quantity

  No separate contracts, no paperwork mountains

                MARKETING
 Detailed profile page. Permanent exposure

 Reviews, Offers, Sales can be shared across social
 networks. Permanent viral reach potential
Positioning: Where Do We Fit


                          Facebook
Social Capabilities




                                                          OffersnPals




                                                Groupon/G-Market etc

                            Local Commerce Capabilities
Business Basics

• Unique product offering competitive strength

• Fee on each transaction - Robust Revenue model

• Huge market size

• Massively Scalable

• Platform on merchant side means costs low on sales
  and peripheral staff
Reemphasis On Business Model

• We are a platform model. No warehousing, no
  inventories, no logistics. Structurally low on cost and
  cash burn



• Fee on transactions. Elegant and Robust model



• Abstraction of a stock market. Connect and charge fee
Marketing Plan

• Key Segment: Women, 20-40 age group

• Their online time is spent on Facebook, Blogs, Search
  and Videos

• Facebook Ads, Influencer Bloggers

• SEO and AdWord campaigns for other categories

• Inherent virality through sharing, invite, referrals etc
Where We Are
•   Product Live
•   Quite a bit of Merchants and Users On Board
•   Live Offers
•   Ratio of Registered Users/Visitors ~25%
Where we want to be

• 1 years focus on Singapore, add new market every 3-
  4 months afterwards.


• Attain top 2 position in Social/Group shopping space in
  every market we operate


• Present in South East Asia and India within 3 years
Team
•   Sandeep Srivastava: Mentor/Advisor – Sandeep, a Stanford, IIT and Wharton
    School Alum, is a serial entrepreneur, having started and successfully exiting his
    first business in US. Now, he is running a new venture in India in healthcare space.
    He helps us with big picture guidance and strategy.

•   Varun Kumar: Founder/CEO – Varun has worked in Financial Services for around
    7 years at firms like CLSA, Morgan Stanley. In his last role at Religare, a leading
    Indian Investment Bank, he was responsible for building Indian Equity Sales
    franchise in Singapore. Varun earned an MBA from IIM Calcutta and BTech from
    Indian Institute of Technology. He held merit scholarships at both the institutes.

•   Vikas Kumar: Engineering Director (Advisor) – Vikas helps us with tech related
    issues. He has a masters in Computer Science from Indian Institute Of
    Technology, Kharagpur and work experience with Yahoo and LinkedIn in senior
    roles

•   Vishan Yadav: Asso Director, Engineering – Vishan comes with 8 years of solid
    experience in Open Source technologies.
One Year Full Fledged Costs (SGD)
Item                       Unit Cost Count   Q1        Q2        Q3        Q4

Markets                                      1         1         1         1
Tech Lead                  3,000    1        9,000     9,000     9,000     9,000
Programmers                1,500    2        9,000     9,000     9,000     9,000
Designer                   1,200    1        3,600     3,600     3,600     3,600
CEO                        5,000    1        15,000    15,000    15,000    15,000
SalesLead                  6,000    0-1      0         0         0         18,000
Sales                      3,000    4        27,000    27,000    36,000    36,000
Marketing Lead             5,000    1        0         15,000    15,000    15,000
Admin/Fin/Accts            2,500    1        7,500     7,500     7,500     7,500
Marketing Expense                            30,000    30,000    30,000    30,000
Hardware                                     3,000     3,000     3,000     3,000
Office Expenses                              5,000     5,000     5,000     5,000
Travel                                       2,000     2,000     2,000     2,000
Misc                                         2,000     2,000     2,000     2,000
Legal                                        3,000     3,000     3,000     3,000
Total Quarterly                              116,100   131,100   140,100   158,100

Grand Total – 1 Year SGD                     545,400



          36,000 users at end of Year 1
       Breakeven costs around S$ 250,000
Minimum Needed
Item                       Unit Cost   Count   Q1       Q2

Tech Lead                  2,000       1       2,000    2,000
Programmers                1,000       1       1,000    1,000
Designer                   1,000       1       1,000    1,000
CEO                        4,000       1       4,000    4,000
Sales                      2,500       3       7,500    7,500
Marketing Lead             5,000       1       5,000    5,000
Marketing Expense                              15,000   15,000
Hardware                                       1,500    1,500
Office Expenses                                4,500    4,500
Travel                                         0        0
Misc                                           2,000    2,000
Legal                                          3,000    3,000
Total Quarterly                                46,500   46,500

Grand Total – 1 Year SGD                       93,000
Customers                                      15,000
Revenue                                        25,000

Offersn pals

  • 1.
    ONLINE SHOPPING 2.0–SOCIAL MARKETPLACE
  • 2.
    The Elevator Pitch ForConsumers who want more personalization and social experience in online shopping we provide a Social marketplace. Unlike current online selling models, on our platform , customers and local merchants are directly connected and are free to sell or to give offers to each other. The Social network in the platform enables authentic reviews, personalization and sharing which helps in informed shopping, social curation and discovery, delivering an unparalleled social shopping experience.
  • 3.
  • 4.
    But.. Has anyone I know bought it ? What is the verdict I can trust? How do I know this Sale/Offer is worth it ?
  • 5.
    I trust myfriends for recos... But at which merchant are they buying ? What are they buying ? What is their view on this place ? IF ONLY I COULD COLLATE FRIENDS’ EXPERIENCES & RECOS...
  • 6.
    Social Discovery IsBest Discovery Nothing like this in Online Shopping
  • 7.
    OffersnPals SOCIAL SHOPPING MARKETPLACE Revolutionizes online shopping by enabling you to.. See Your Friends Reviews Before Buying Social Discovery of great offers and merchants Share your own reviews, buys and experiences And of course.. BUY
  • 8.
    How It Impacts? FEED USER SEES ON OFFERSNPALS VALUE TO USERS Arjun raved about “Drona Archeries” Must be a nice place (SOCIAL DISCOVERY) Tom Bought an offer by “Sports Inc” I will check this place to buy my sneakers (DISCOVERY + BUY) Chloe bought a dress from “Vrinz” Chloe is fashionable. So Vrinz must be top class (TRUSTED REVIEW) Himalaya Inc”offers 40% Discount on Ice I am so looking for Ice Packs (DISCOVERY + BUY)
  • 9.
    And convenience ofA Single Platform No sharing/social reviews Shopping Reviews (Only on Food, anonymous and hence not helpful) Sharing
  • 10.
    How Does ItLook Like
  • 11.
    The Mobile Epiphany This place, 200 meters from here is running a 20% Off. It’s been rated 4 Stars by your friends Good Tom, Kick, Harry and Achilles. Other users rated Stuff it 5 Stars. 2 of your friends bought from here <SEE REVIEWS> <SEE OFFER> <BUY NOW> Social. Local. Mobile. Shopping.
  • 12.
    Online Shopping StatusQuo Problems for Local Merchants
  • 13.
    No “Platform” Available • Not designed for commerce • No Reviews facility. Likes isn’t a review Facebook Page: • Limited Reach through Pages for small guys • Can’t create customized Sales/Offers • Makes sense for big brands only • Not Social. G-Market: • No social reviews/curation/discovery
  • 14.
    And Problems WithDeal Sites.. They control the economics Marketing is weak and transient Too much paper work, contracts etc
  • 15.
    How we solveproblems for merchants SALES & ECONOMICS Self service platform. Sell what you want at the price you want. Whenever. Whatever Quantity No separate contracts, no paperwork mountains MARKETING Detailed profile page. Permanent exposure Reviews, Offers, Sales can be shared across social networks. Permanent viral reach potential
  • 16.
    Positioning: Where DoWe Fit Facebook Social Capabilities OffersnPals Groupon/G-Market etc Local Commerce Capabilities
  • 17.
    Business Basics • Uniqueproduct offering competitive strength • Fee on each transaction - Robust Revenue model • Huge market size • Massively Scalable • Platform on merchant side means costs low on sales and peripheral staff
  • 18.
    Reemphasis On BusinessModel • We are a platform model. No warehousing, no inventories, no logistics. Structurally low on cost and cash burn • Fee on transactions. Elegant and Robust model • Abstraction of a stock market. Connect and charge fee
  • 19.
    Marketing Plan • KeySegment: Women, 20-40 age group • Their online time is spent on Facebook, Blogs, Search and Videos • Facebook Ads, Influencer Bloggers • SEO and AdWord campaigns for other categories • Inherent virality through sharing, invite, referrals etc
  • 20.
    Where We Are • Product Live • Quite a bit of Merchants and Users On Board • Live Offers • Ratio of Registered Users/Visitors ~25%
  • 21.
    Where we wantto be • 1 years focus on Singapore, add new market every 3- 4 months afterwards. • Attain top 2 position in Social/Group shopping space in every market we operate • Present in South East Asia and India within 3 years
  • 22.
    Team • Sandeep Srivastava: Mentor/Advisor – Sandeep, a Stanford, IIT and Wharton School Alum, is a serial entrepreneur, having started and successfully exiting his first business in US. Now, he is running a new venture in India in healthcare space. He helps us with big picture guidance and strategy. • Varun Kumar: Founder/CEO – Varun has worked in Financial Services for around 7 years at firms like CLSA, Morgan Stanley. In his last role at Religare, a leading Indian Investment Bank, he was responsible for building Indian Equity Sales franchise in Singapore. Varun earned an MBA from IIM Calcutta and BTech from Indian Institute of Technology. He held merit scholarships at both the institutes. • Vikas Kumar: Engineering Director (Advisor) – Vikas helps us with tech related issues. He has a masters in Computer Science from Indian Institute Of Technology, Kharagpur and work experience with Yahoo and LinkedIn in senior roles • Vishan Yadav: Asso Director, Engineering – Vishan comes with 8 years of solid experience in Open Source technologies.
  • 23.
    One Year FullFledged Costs (SGD) Item Unit Cost Count Q1 Q2 Q3 Q4 Markets 1 1 1 1 Tech Lead 3,000 1 9,000 9,000 9,000 9,000 Programmers 1,500 2 9,000 9,000 9,000 9,000 Designer 1,200 1 3,600 3,600 3,600 3,600 CEO 5,000 1 15,000 15,000 15,000 15,000 SalesLead 6,000 0-1 0 0 0 18,000 Sales 3,000 4 27,000 27,000 36,000 36,000 Marketing Lead 5,000 1 0 15,000 15,000 15,000 Admin/Fin/Accts 2,500 1 7,500 7,500 7,500 7,500 Marketing Expense 30,000 30,000 30,000 30,000 Hardware 3,000 3,000 3,000 3,000 Office Expenses 5,000 5,000 5,000 5,000 Travel 2,000 2,000 2,000 2,000 Misc 2,000 2,000 2,000 2,000 Legal 3,000 3,000 3,000 3,000 Total Quarterly 116,100 131,100 140,100 158,100 Grand Total – 1 Year SGD 545,400 36,000 users at end of Year 1 Breakeven costs around S$ 250,000
  • 24.
    Minimum Needed Item Unit Cost Count Q1 Q2 Tech Lead 2,000 1 2,000 2,000 Programmers 1,000 1 1,000 1,000 Designer 1,000 1 1,000 1,000 CEO 4,000 1 4,000 4,000 Sales 2,500 3 7,500 7,500 Marketing Lead 5,000 1 5,000 5,000 Marketing Expense 15,000 15,000 Hardware 1,500 1,500 Office Expenses 4,500 4,500 Travel 0 0 Misc 2,000 2,000 Legal 3,000 3,000 Total Quarterly 46,500 46,500 Grand Total – 1 Year SGD 93,000 Customers 15,000 Revenue 25,000