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Tweetstore slide deck
- 1. Seymour Sales Tweetstore, Inc. Confidential – Not to be copied, distributed, or referred to without the prior written consent of Tweetstore, Inc.
- 2. Corporate Headquarters: 333 Santana Row, Suite 222 San Jose, CA. 95128 Contact: Chip Wilkes Co-Founder/Strategist Direct: 408-390-2123 chip@tweetstore.com Presentation By: Chip Wilkes Tweetstore, Inc. Confidential – Not to be copied, distributed, or referred to without the prior written consent of Tweetstore, Inc.
- 3. PRODUCT: Simple, Freemium, Open Source, mobile commerce platform, with Pricing Transparency, allowing Sellers to engage with Verified Buyers in Real Time using Twitter. Mantra: Revolutionizing Mobile Commerce... the way Square Revolutionized Payments. Tweetstore, Inc. Confidential – Not to be copied, distributed, or referred to without the prior written consent of Tweetstore, Inc.
- 4. PAIN: We asked: 1. What do you want most from e-Commerce Platform & Gateway provider? Answer: Open source platform, transparent pricing, with same or next day access to payments received, ability to link to own websites and affiliates. 2. What are the biggest problems you experience when selling online? Answer 1: Dealing with people trying to deceive you with intent to rip you off. Answer 2: Waiting sometimes weeks for payment from a gateway provider. getting suspended from the service for submitting a ticket, looking for my funds. 3. What is the one contributing factor for people trying to deceive you? Answer: No transparency engaging through email; there is no way to tell who the other party is prior to delivering; regardless if its for payment or for goods.
- 5. PAIN: What we hear consumers saying: Craigslist: A complicated UI with a bad UE, no protection from criminal activity. You get what you pay for, its Free. eBay: Use to be a great service. No pricing transparency; leads to low margins, with insertion fees, value fees, hidden fees, pay pal fees. With plenty of new competition; the auction model is dead. Etsy: Pricing transparency; insertion fees, value fees, hidden fees now charging for SEO. To many competitors with similar products. Tweetstore, Inc. Confidential – Not to be copied, distributed, or referred to without the prior written consent of Tweetstore, Inc.
- 6. SOLUTION: We found that Buyers and Sellers that Craigslist engage using Twitter @140 characters Slayer or less in Real Time, brings people together socially, who share a common interest, sellers have (prior interest) and buyers have (current interest) in items for sale. Connect socially in real time helps to identify legitimate/verified buyers faster. In contrast historically connecting through email increases deceptive tactics leading to scams, spam & wasted time. Tweetstore, Inc. Confidential – Not to be copied, distributed, or referred to without the prior written consent of Tweetstore, Inc.
- 7. CURRENT STATUS: Live Beta: September 1, 2011 Status: Pre–Traction/Traction Seeking: Advisors/Investors, Seed–1mm to 5mm Use Of Proceeds: 1. Google Ads 2. Twitter Ads 3. Facebook Ads 4. Android and IOS Apps (one click photo upload) 5. Additional Features to Website 6. 100k Launch Promotional Items (New car giveaway, Android & Apple swag) Tweetstore, Inc. Confidential – Not to be copied, distributed, or referred to without the prior written consent of Tweetstore, Inc.
- 8. STRATEGIC RELATIONSHIPS: @twitter #Social @square #Payments @tweetstore #Commerce = Mobile Social Dominance Community Relationships: Lucile Packard Children’s Hospital Tweetstore, Inc. Confidential – Not to be copied, distributed, or referred to without the prior written consent of Tweetstore, Inc.
- 9. COMPETITORS: Amazon, Craigslist, eBay, and Others… Tweetstore, Inc. Confidential – Not to be copied, distributed, or referred to without the prior written consent of Tweetstore, Inc.
- 10. CRAIGSLIST INFO GRAPHIC These start-ups got a slice of craigslist. -- disrupting… Tweetstore, Inc. Confidential – Not to be copied, distributed, or referred to without the prior written consent of Tweetstore, Inc.
- 11. REVENUE MODEL: Subscription Free Through 2013 $75 Annually First Billing Cycle Unlimited Products January 1, 2014 No Insertion Fees $3 Per Subscription No Value Fees Donated to No Hidden Fees Lucile Packard Children’s Hospital $5 Single Listing Fee Because Children Matter the Most Tweetstore, Inc. Confidential – Not to be copied, distributed, or referred to without the prior written consent of Tweetstore, Inc.
- 12. FREEMIUM PRICING: Single Listings: Premium Listings: First Five Listings are Free Annual Subscription Consecutive Single Listings: $75 Unlimited Items Listings under $200 $5 Sellers & Buyers Earn Listings under $2000 $15 Tweetcoin to Bid on Listings under $20000 $25 New Items, Auctioned Note: Single Listings do not Qualify to Earn Tweetcoin Monthly. Sponsor Provided Items Tweetstore, Inc. Confidential – Not to be copied, distributed, or referred to without the prior written consent of Tweetstore, Inc.
- 13. CUSTOMER ACQUISITION STRATEGY: The more you Buy and Sell on Tweetstore the more Tweetcoin you earn, use Tweetcoin to bid on new items, auctioned monthly, provided by our sponsors! sample sample Used items New Sponsored to Buy or Sell Auctioned items tc Tweetcoin --Seymour Sales Tweetstore, Inc. Confidential – Not to be copied, distributed, or referred to without the prior written consent of Tweetstore, Inc.
- 14. WIN A NEW 2013 LEXUS GS350: Giving away 100k Early adopters enter for a chance to win a new in prizes 2013 Lexus GS 350: First 100k twitter followers who open a $75 premium subscription account at Tweetstore.com… MSRP $54,000. plus TT&L Will be entered to win! Drawing: July 1, 2013 or when we reach 100k accounts Some restrictions apply -- we must reach 100k premium subscriptions. Tweetstore, Inc. Confidential – Not to be copied, distributed, or referred to without the prior written consent of Tweetstore, Inc.
- 15. REVENUE FORECAST: EBAY: 2011 Sales 60 billion annually Sales Revenue: 11.68B Gross Income: 7.95B Amazon Net Income: 3.23B eBay Tweetstore Amazon: 2011 Sales Revenue: 48.08B Gross Income: 9.64B Tweetstore: Net Income: 631M Target Sales Revenue: 10% of total market Tweetstore, Inc. Confidential – Not to be copied, distributed, or referred to without the prior written consent of Tweetstore, Inc.
- 16. 1,400,000,000 1,200,000,000 1,000,000,000 NS @$72 800,000,000 BR @.37 NP 600,000,000 No. Stores 400,000,000 LPCH @$3 200,000,000 0 Jan-14 Jan-15 Jan-16 Jan-17 Jan-18 Tweetstore, Inc. Confidential – Not to be copied, distributed, or referred to without the prior written consent of Tweetstore, Inc.
- 17. FIVE YEAR FORECAST: -- Forecast based on number of stores times subscription price $75 minus burn rate at 37% Note: $3 from each annual subscription is donated to Lucile Packard Children’s Hospital. Tweetstore, Inc. Confidential – Not to be copied, distributed, or referred to without the prior written consent of Tweetstore, Inc.
- 18. TEAM: David Donson –Founder/Interim CEO Mechanical Engineer, 20yrs Chip Wilkes –Co-Founder/Strategist Business Development/Retail Franchise Owner, 25yrs Matt Zehner –Co-Founder/CTO Owner, CEO Zehner Group –Breaking: Zehner Group just won four 2012 w3 awards! Advisory Board: Henri Asseily –Founder: SHOPZILLA (Crunchbase) - “This is the best looking platform I’ve seen in a long time” Tweetstore, Inc. Confidential – Not to be copied, distributed, or referred to without the prior written consent of Tweetstore, Inc.
- 19. Thank you for your time. We hope you enjoyed our presentation and we look forward to answering any questions. Team, Seymour Sales Tweetstore, Inc. Confidential – Not to be copied, distributed, or referred to without the prior written consent of Tweetstore, Inc.