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Designed to enrich your shopping experience
    through organization and discovery




                                                        D ec
                                                               emb
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                                                                                       by 1
                                                                                              2 / 15




                                                                      ADD
                                                                            +
                                   WAN
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                                           HAV
                                              E
                                                  Cap
                                                     ture
                                                            Con
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                                                                          ver
The Team


           Darwin Witt, CEO
           Web Developer and Software Consultant for
           industrial manufacturers including Fluke,
           Mercedes-Benz and Pittsburgh Glass Works;
           previously network security researcher;
           computer science background


           Tristan Plank, CIO
           Researcher and UX Designer for
           HF Designworks, a UI Design and System
           Safety Analysis firm; psychology, human
           factors, & usability background


           Susan Oldham, CMO
           UX & Visual Designer; design, branding and
           human-computer interaction background;
           experience in fashion & retail industries
Meet Rebecca
How to StyleSearch
Turning Hassles into Value

        Other mobile apps live in the land of “OR”—
           StyleSearch lives in the land of “AND”



         Hassles             Solutions                Value



   It’s simple, easy-to-use, and gives shoppers the features they want.
   StyleSearch takes away the hassles and makes shopping fun again!
Give ‘em what they want

                              HAVE
       Lots of     Keep It                 Be           Integrate
                              NEED
       Pictures    Simple                 Social       to Simplify
                              WANT

                   Suggest                 Help
        Track                Compare                   Feedback
                    New                  Shoppers
      Favorites               Things                     is Key
                   Things                Discover


                    Our        Our           Our
                  Shoppers   Retailers   Influencers
Insights to Features


       StyleSearch integrates many easy-to-use
                                                                         HAVE
       features into a single app to enhance the                                          CO M P
                                                                                                ARE
       shopping experience.
       ƒƒCompare items and swatches from home closet,                 NEED
                                                                                        DISCO
         in store photos, and online catalogs                                                VER

       ƒƒOrganize shopping with custom ‘Need’ and
         ‘Want’ lists                                              WANT
                                                                                        SHOP
       ƒƒDiscovery tool to find closest stores, where to
         eat after—everything for a shopping adventure             ?              $$
       ƒƒSuggestions based on shopper’s favorite styles    Captu
                                                                           2
                                                                                    4
                                                                re CS
                                                                    ohare
                                                                      nnect
                                                                             Remin
       ƒƒSocial integration to ask friend’s opinions, or                           d     Favs

         Share latest and greatest purchases
       ƒƒQuick and easy-to-use interface while juggling
                                                                   Prototype
         shopping bags, lattes and smartphone
StyleSearch is for Retailers

         Retailers are the Customer in
          the StyleSearch ecosystem.
           Our Retail Customers want:
              ƒƒ Target marketing for mobile shoppers
               ƒƒ Valuable shopper data: Habits, Browsing,
                  Favorite Styles, Favorite Brands
                 ƒƒ A direct connection to shoppers
                   ƒƒ Reduced item returns
                    ƒƒ More foot traffic in stores
                      ƒƒ More revenue
                                 December Wedding	           by 12/15




                                                            ADD +




    Shopper
                                 WANT   HAVE   Capture   Connect Discover
Market


         100,000                          25 Million+
         Retail Stores in U.S.            Fashion Aware Shoppers
         Apparel / Acces. Stores (2011)   using SmartPhones | Age 18-54 (Est. 2012)


         34%           underserved
                       by retail apps
                             36%

                                                    56%       44%
              13.1%                               PREFER     PREFER
                                                 IN STORE    ONLINE


             STORES       ONLINE
             Apparel Retail                  Apparel Shopping
             Growth(Est. 2013)
                                             Preferences (2011)
Market Segmentation

         Targeted Market
         ƒƒSmall business clothing/accessory
           retailers
          ƒƒ10% of 34,000 local retailers = 3400
          ƒƒPlanning to target 1% for 1st year = 340
         ƒƒLarge chain stores
          ƒƒAlready having success with
            3rd party mobile apps like
            ShopKicks & Best Decisions
          ƒƒStyleSearch has a more social aspect,
            and a more direct connection
Making Money

   Revenue Strategies
   1.	Retailer Subscriptions                                7%
                                                      3% User Data
     ‚‚ Monthly/Seasonal options                     Fees
     ‚‚ Tiered for retailer size, number of stores
     ‚‚ Est. $100-$500/month (Avg $3000/yr)
     ‚‚ 340 retailers = $1M Revenue
     ‚‚ 3400 partners = $10M Revenue                         90%
                                                         Subscriptions
   2.	Selling Shopper Data
     ‚‚ Quizzes, favs, recommendation features
        gain more shopper preferences
   3.	Transaction fees for sales/deals
   4.	Freemium
     ‚‚ Free to shoppers to encourage growth
Costs & Partnerships

   Costs                                     Partners
   ƒƒInfrastructure                          ƒƒDiscount/Coupon providers
    ƒƒ Servers, developers, service reps
                                             ƒƒMerchant services
   ƒƒRetailer Partnerships
    ƒƒ Demo subscriptions for 6 months       ƒƒGoogle Maps, Google Places, Bing
    ƒƒ Online/store model for larger
       retailers
                                             ƒƒAdvertising partners
    ƒƒ Local heros model for smaller         ƒƒSizing app or online database
       retailers

   ƒƒService
    ƒƒ Account reps to subscribe retailers

   ƒƒMarketing
    ƒƒ Advertising, retailer guides,
       social media, store collateral
Competitive Analysis

      Our market competition
      ƒƒSocial shopping apps

      ƒƒDedicated shopping apps

      ƒƒSocial closet apps

      ƒƒShopping decision apps

      ƒƒRetail reward apps

      Biggest competitor:
               ShopKicks
Go-to-Market Strategy

      Launch
      ƒƒSocial Media activity, focus on Pinterest
        and Twitter
      ƒƒOnline advertising, i.e. GoogleAds, etc.
      ƒƒPress releases to tech press and retailer
        publications
      ƒƒStickers for shop windows and in-store
        displays
      ƒƒRetailer Product Guide
      ƒƒDemo subscriptions
Future Opportunities

      Growth
      ƒƒDeals and rewards for shopping with
        partners
      ƒƒQuizzes to learn user preferences translates
        into better business intelligence
      ƒƒAdvertising—notifications or in-App
      ƒƒExpansion to other markets, restaurants &
        home furnishings
      ƒƒTablet, desktop versions of the application
      ƒƒBranded, retailer-specific versions of the app
      ƒƒReferrals
Recap


                   Shoppers overwhelmed
        Problem    by choices
                   One place to organize
        Solution   your shopping needs
                   Multiple Revenue Streams
   Opportunity     Under-served retail markets
                   $1M for product development
    Investment     and partner relationships
                   $1M revenue 1st year
         Return    Growth to $10M within 3 years
Thank you! Questions?

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StyleSearch Shopping App | UX Design & Business Model

  • 1. Designed to enrich your shopping experience through organization and discovery D ec emb er W edd ing by 1 2 / 15 ADD + WAN T HAV E Cap ture Con nec t D isco ver
  • 2. The Team Darwin Witt, CEO Web Developer and Software Consultant for industrial manufacturers including Fluke, Mercedes-Benz and Pittsburgh Glass Works; previously network security researcher; computer science background Tristan Plank, CIO Researcher and UX Designer for HF Designworks, a UI Design and System Safety Analysis firm; psychology, human factors, & usability background Susan Oldham, CMO UX & Visual Designer; design, branding and human-computer interaction background; experience in fashion & retail industries
  • 5. Turning Hassles into Value Other mobile apps live in the land of “OR”— StyleSearch lives in the land of “AND” Hassles Solutions Value It’s simple, easy-to-use, and gives shoppers the features they want. StyleSearch takes away the hassles and makes shopping fun again!
  • 6. Give ‘em what they want HAVE Lots of Keep It Be Integrate NEED Pictures Simple Social to Simplify WANT Suggest Help Track Compare Feedback New Shoppers Favorites Things is Key Things Discover Our Our Our Shoppers Retailers Influencers
  • 7. Insights to Features StyleSearch integrates many easy-to-use HAVE features into a single app to enhance the CO M P ARE shopping experience. ƒƒCompare items and swatches from home closet, NEED DISCO in store photos, and online catalogs VER ƒƒOrganize shopping with custom ‘Need’ and ‘Want’ lists WANT SHOP ƒƒDiscovery tool to find closest stores, where to eat after—everything for a shopping adventure ? $$ ƒƒSuggestions based on shopper’s favorite styles Captu 2 4 re CS ohare nnect Remin ƒƒSocial integration to ask friend’s opinions, or d Favs Share latest and greatest purchases ƒƒQuick and easy-to-use interface while juggling Prototype shopping bags, lattes and smartphone
  • 8. StyleSearch is for Retailers Retailers are the Customer in the StyleSearch ecosystem. Our Retail Customers want: ƒƒ Target marketing for mobile shoppers ƒƒ Valuable shopper data: Habits, Browsing, Favorite Styles, Favorite Brands ƒƒ A direct connection to shoppers ƒƒ Reduced item returns ƒƒ More foot traffic in stores ƒƒ More revenue December Wedding by 12/15 ADD + Shopper WANT HAVE Capture Connect Discover
  • 9. Market 100,000 25 Million+ Retail Stores in U.S. Fashion Aware Shoppers Apparel / Acces. Stores (2011) using SmartPhones | Age 18-54 (Est. 2012) 34% underserved by retail apps 36% 56% 44% 13.1% PREFER PREFER IN STORE ONLINE STORES ONLINE Apparel Retail Apparel Shopping Growth(Est. 2013) Preferences (2011)
  • 10. Market Segmentation Targeted Market ƒƒSmall business clothing/accessory retailers ƒƒ10% of 34,000 local retailers = 3400 ƒƒPlanning to target 1% for 1st year = 340 ƒƒLarge chain stores ƒƒAlready having success with 3rd party mobile apps like ShopKicks & Best Decisions ƒƒStyleSearch has a more social aspect, and a more direct connection
  • 11. Making Money Revenue Strategies 1. Retailer Subscriptions 7% 3% User Data ‚‚ Monthly/Seasonal options Fees ‚‚ Tiered for retailer size, number of stores ‚‚ Est. $100-$500/month (Avg $3000/yr) ‚‚ 340 retailers = $1M Revenue ‚‚ 3400 partners = $10M Revenue 90% Subscriptions 2. Selling Shopper Data ‚‚ Quizzes, favs, recommendation features gain more shopper preferences 3. Transaction fees for sales/deals 4. Freemium ‚‚ Free to shoppers to encourage growth
  • 12. Costs & Partnerships Costs Partners ƒƒInfrastructure ƒƒDiscount/Coupon providers ƒƒ Servers, developers, service reps ƒƒMerchant services ƒƒRetailer Partnerships ƒƒ Demo subscriptions for 6 months ƒƒGoogle Maps, Google Places, Bing ƒƒ Online/store model for larger retailers ƒƒAdvertising partners ƒƒ Local heros model for smaller ƒƒSizing app or online database retailers ƒƒService ƒƒ Account reps to subscribe retailers ƒƒMarketing ƒƒ Advertising, retailer guides, social media, store collateral
  • 13. Competitive Analysis Our market competition ƒƒSocial shopping apps ƒƒDedicated shopping apps ƒƒSocial closet apps ƒƒShopping decision apps ƒƒRetail reward apps Biggest competitor: ShopKicks
  • 14. Go-to-Market Strategy Launch ƒƒSocial Media activity, focus on Pinterest and Twitter ƒƒOnline advertising, i.e. GoogleAds, etc. ƒƒPress releases to tech press and retailer publications ƒƒStickers for shop windows and in-store displays ƒƒRetailer Product Guide ƒƒDemo subscriptions
  • 15. Future Opportunities Growth ƒƒDeals and rewards for shopping with partners ƒƒQuizzes to learn user preferences translates into better business intelligence ƒƒAdvertising—notifications or in-App ƒƒExpansion to other markets, restaurants & home furnishings ƒƒTablet, desktop versions of the application ƒƒBranded, retailer-specific versions of the app ƒƒReferrals
  • 16. Recap Shoppers overwhelmed Problem by choices One place to organize Solution your shopping needs Multiple Revenue Streams Opportunity Under-served retail markets $1M for product development Investment and partner relationships $1M revenue 1st year Return Growth to $10M within 3 years