WeIF 25of
WeIF
1
SWIFFY
WeIF 25of2
LifeBook Airline Ticket
Choose People for Dinner
Hunt Jobs
Buying Groceries
Exchange 2nd Hand product
Get help from friends
Borrow a Lighter
House-cleaning
Watch Movies with Friends
Bring a Cup of Milk Tea
Help friends
Rent a Bicycle
Fix the computer
Share a Book
Express a Regret
Make a wish
Take-out Food
Laundry
Rent a House
Take a Taxi
Reserve a Hotel
Organize a Party
Dating
Share a Great Idea
Fulfill Urgent Needs
Share a car
LIFE IS FULL OF NEEDS
Social
Ask for friends’ advice
Be Served on Publishing Needs instead of Searching Have Random Needs
WeIF 25of3
SOME CAN BE FULFILLED
3
Life
3
WeIF 25of4
Life
Choose People for Dinner
Get help from friends
Borrow a Lighter
Watch Movies with Friends
Bring a Cup of Milk Tea
Help friends
Fix the computer
Share a Book
Express a Regret
Make a wish
Share a Great Idea
Have snack at night
HOW ABOUT THE REST?
Ask for friends’ advice
Have cheap hair cut
4
Pain Points
Need quick help from people nearby
No Apps cover fragmented needs
Waste lots of time on searching
where to fulfill my needs
WeIF 25of5
HOW TO RESOLVE PAIN POINTS
Instant
Fragmented
Location Base
Rule Base
A platform where people can have fun by sharing minds, fulfill instant needs by helping
others and make innovations a reality by creating ideas starting with IF.
WeIF
WeIF 25of6
WEIF FUNCTIONAL MODEL
Users
Nearby
WeIF
IF
Maker
Publish an IF
Rule: messages start with “IF”.
“IF” message stands for: wishes,
needs, questions or for fun.
STEP 01
Complete the service via payment
system. The payment was processed
in two-ways.
STEP 05
Users nearby receive IF message
based on LBS or friends circle.
STEP 02
Bid IF message if users want to
deliver the service.
STEP 03
Choose IF bidders and communicate
with the bidder.
STEP 04
WeIF 25of7
WEIF FUNCTIONAL MODEL
STEP 01
IF maker publish an “IF”
STEP 02
Users nearby receive “IF” Adidas and Asobio nearby
bid for IF message
STEP 03
IF maker choose IF bidders
STEP 04
Complete payment
STEP 05
WeIF 25of
SUBSCRIPTION
• To specific people
• To selected category
(e.g., Adidas, Coca-Cola…)
BIDDING
• IF-bidders provide
fulfillment to IF-makers
• IF-makers choose one
bidder based on offers /
distance / friendship etc.
PUBLICATION
• Upload personal
needs/questions/wishes
etc.
• Broadcast marketing
information to users
nearby
STATUS TRACING
• Bidder Waiting, Service
Waiting, Payment Waiting,
Service Completed
• Logistics Tracking
SHARING
• In WeChat Moments
• Forward to specific friends
CREDIT EVALUATION
• Evaluate completed
service
• Provide IF-makers a
reference to choose the
bidder
8
PRODUCT FEATURES
COMMUNICATION
• Inter-communication
between IF-makers and IF-
bidders based on deals
PAYMENT
• WeChat Online Payment
• Red Pocket (Hong Bao, For
fun)
• Other forms (e.g., present)
WeIF 25of9
WEIF & WECHAT
• WeChat Moments
• Official Account
Communication Platform
• Input/Output Interface
• Tencent Map
• WeShop
• Drift Bottles
Other Functions
• WeChat Payment
• Credit Reporting System
• WeBank
Payment Platform
• Data Mining
• Semantic Search
Intelligent Platform
Intelligent
Platform
Other
Functions
Communication
Platform
Payment
Platform
WeIF
With all user generated content, it will be easy to excavate
people’s life style, needs, habits, preferences.
By applying data mining and semantic search technology, it
will be useful to build a service platform with intelligence.
Build end users’ credit system.
Leverage the SNS technology of WeChat.
Increase users’ stickiness to WePayment and
WeBank. Build the credit system for WeBank
based on ‘IF’ bidders’ transaction records.
Leverage the communication technology
of WeChat into WeIF.
WeIF 25of10
VALUE PROPOSITION
Instant Needs Fulfillment
Purchasing Method Optimization
Reduce time and effort of searching goods or services by biddings from other users or merchants
Flexible Marketing Implementation
Attract customers nearby to step in and purchase by Location Based Service
Precise Marketing Solution
Increase sales and save marketing cost by capturing potential customers based on specific needs
Emotional Expression
Post personal regrets, wishes and dreams; entertain friends
Bring convenience to life and facilitate social networking by posting and fulfilling needs
WeIF 25of11
ANALYSIS ON WECHAT USERS
TARGET CUSTOMER
VS
64.3%
Male Customers
35.7%
Female Customers
45.4%
Others: 4.3%
9.5%
40.8%
Age: 18 - 25
Age: 26 - 35
Age: <18
White Collar
Workers
32%
Students
40%
Others
15%
SOHO
13%
OUR TARGET CUSTOMER
of students and white collar workers
living in tier one cities, who are also
active users in WeChat, will become our
first batch of target customers.
144M
SOCIAL NETWORKING & ENTERTAINMENT 90%
OTHERS
INFORMATION ACCESS
PERSONAL CARE & SERVICE
40%
60%
83%
WeIF 25of12
PROFIT MODEL
FREE OF CHARGE
• Hook end users to WeIF platform by providing
them full services without payment
CHARGE FOR USE
• Package 1: 500 RMB / Year (Sample)
Based on yearly contract
- 2 messages/day in broadcasting promotion info
- No limitation in receiving instant need
• Package 2: 1 RMB / Message (Sample)
Based on the number of promotion info
- message for flexible broadcasting
- message of instant needs notified by WeIF
DATA REPORT
• Monthly data report
- Customer needs analysis
- Customer behavior analysis
WeIF 25of13
COMPETITION ANALYSIS
58.com/百姓
网/赶集网,
etc.
Similar Website/Application: Needs solving
WeIF
WeIF 25of14
DIFFERENCE: WEIF VS. 58.COM
WeIFInstant Needs Time Lag
Location Based City Based
Friends Strangers
Easy Interaction Lack of Interaction
WeChat Payment Third Party Payment
WeIF 25of15
DIFFERENCE: WEIF VS. 58.COM (UI)
WeIF
WeIF 25of16
GO-TO-MARKET: HOW TO LAUNCH?
ENTRANCE 1 ENTRANCE 2
Add WeIF under
WeChat Discovery
page
Access WeIF via
offical account
WeIF 25of17
GO-TO-MARKET: SEEDS CUSTOMERS
STEP 4
Build up the WeIF Select specific
university / office buildings,
for example: Shanghai Jiaotong
University / Jinmao Building
WeIF promotion event: Didi
Hongbao model
Get feedback from students &
Generate data report about
promotion events
STEP 2 STEP 3STEP 1
How to get seeds customers from universities & office buildings?
WeIF 25of18
GO-TO-MARKET: PROMOTION
Encourage people
to make more IF
Didi Hongbao model: Forward more
Hongbao to friends Complete “I WANT”
Push IF Hongbao to everyone
via WeChat
Consume IF Hongbao only by
downloading and using WeIF
More people start to use WeIF because of
WeIF Hongbao
How to get first batch customers?
WeIF 25of19
DEVELOPMENT PLAN
Launch product.
Users enjoy and stick to it.
Introduce WeChat Payment.
Promote product among
merchants and let them
stick to it.
Help merchants to implement
flexible marketing strategies
based on LBS.
Help merchants to develop
precise marketing solutions
based on intelligent platform.
STEP 01 STEP 02 STEP 03 STEP 04 STEP 05
Cultivate an
IF culture & community.
Everybody will think IF everyday.
WeIF 25of20
RISK ANALYSIS
Easy to be Copied
1. Based on WeChat, users scale advantage
2. Move fast
3. Get more business merchants involved
4. Keep innovating
5. Keep lean execution
Safety Issue
1. Users can switch to friends or strangers
2. Credibility system
3. Back-end monitoring system
4. Block system
WeIF 25of21
TEAM PROFILE
• Name: Yi Wang 汪毅
• Team role: Team Leader
• Education:
 2014.8 -- Now: CEIBS, Master of Business Administration (MBA) Candidate
 2007.9 – 2009.5: ESC Rennes, Msc of International Marketing, France
 2003.9 – 2007.6: Donghua University, E-Commerce, China
 Working Experience
 2012 – 2014: DELL, Global Supply Manager
 2009 – 2012: DELL, Senior Global Buyer/Planner
 Lead team including finance/demand/marketing to create large order check
process to reduce shortage from 2-day recover to 0.8-day recover.
 Helped consulting project with AT Kearney to reduce the commodity & increase
the flexibility in procurement
 Create fun personal talk show (小汪说事) on Youku.com, 9 episodes.
 Tried to create jewelry trade business in France, but failed.
 More About Yi
 Full of passion to create new things. Strong sense on new product. Out-of-box
thinking and do-it-right-away execution. Optimistic and funny guy in life.
WeIF 25of22
• Name: Susan Lai 赖如洁
• Team role: Team Member
• Education:
 2014.8 -- Now: CEIBS, Master of Business Administration (MBA) Candidate
 2007.9 – 2010.3: Shanghai Jiao Tong University, Master, Computer Science
 2003.9 – 2007.6: Jilin University, Bachelor, Computer Science
 Working Experience
 2013.7 – 2014.8: Morgan Stanley, Senior Associate
 2010.4 – 2013.6: Morgan Stanley, Junior Associate
 Lead seven critical strategic projects in both Equity Swap trading department
and Enterprise Infrastructure department. Accomplished four challenging
tactical projects. Team leader. Product manager of Report Central (500 users in
Prime Brokerage and Fun Service department), Report Explorer (2,000+ external
users of Morgan Stanley), Equity Swap Action Station (all Equity Swap trades in
Morgan Stanley). Master of Java, ExtJS, Flex and DB.
 More About Susan
 Long distance runner. Sports Fan. Has strong sense on web application UI design
and product design. Has intense passion on new technology.
TEAM PROFILE
WeIF 25of23
TEAM PROFILE
• Name: Wayne LI 李昂达
• Team role: Team Member
• Education:
 2014.8 -- Now: CEIBS, Master of Business Administration (MBA) Candidate
 2001.9 – 2005.7: Shanghai Ocean University, Bachelor, Computer Science &
Technology
 Working Experience
 2014.4 – 2014.6: OMRON Software(Shanghai) Co. Ltd
 Investigated daily operation in assembly line and proposed recommendations
for optimization by Factory Automation.
 2005.9 – 2013.8: CBSTechno Co. Ltd., Japan
 8-year international experience in automotive R&D. As a project manager in
charge of the entire development process, led multinational teams of Chinese
and Japanese engineers in executing mass-production-level projects related to
engine, air-conditioning and car communication.
 More About Susan
 Detail-oriented in technology development; Strong project management skills
and execute force; Excellence in both English and Japanese
WeIF 25of24
TEAM PROFILE
• Name: Forest Gao 高兴森
• Team role: Team Member, pushed team to think in-depth to polish business model
• Education:
 2014.8 -- Now: CEIBS MBA, Finance concentration, Innovation Club President
 2007.9 – 2011.6: Henan University, Mathematics, Student Union President
 Working Experience
 2011.7 – 2013.12: Procter & Gamble, Supplier Project Manager
 Hired as Management Trainee for Pampers, responsible for Asia Pacific Raw
Material Supplier Project (material qualification & supplier quality assurance)
 Start-up Experience
 2013.12 – 2014.7: ZHIBENEDU.COM (至本教育), Co-founder
 Company was aiming at help graduates on career development and job
searching. Services provided: career development training, job searching
training, resume revising, mock interview, and other related consulting services.
It was breakeven before transferred to current business - college entrance
consulting. Responsible for product design / marketing promotion and quit in
Jul’2014 due to CEIBS offer.
WeIF 25of25
We are looking for the person:
• Who has product manager experience in internet companies,
such as BAT;
• Who has passion for entrepreneur;
• Who has >3 years working experience;
• Who has deep understanding on internet product;
TEAM PLAN
HELP NEEDED:
WeIF Appendix 1
APPENDIX 1: C2C
WeIF Appendix 2
APPENDIX 2: C2B
WeIF Appendix 3
APPENDIX 3: B2C
WeIF 25of
THANK YOU
HAVE A NICE DAY

WeIF-CEIBS-IDG

  • 1.
  • 2.
    WeIF 25of2 LifeBook AirlineTicket Choose People for Dinner Hunt Jobs Buying Groceries Exchange 2nd Hand product Get help from friends Borrow a Lighter House-cleaning Watch Movies with Friends Bring a Cup of Milk Tea Help friends Rent a Bicycle Fix the computer Share a Book Express a Regret Make a wish Take-out Food Laundry Rent a House Take a Taxi Reserve a Hotel Organize a Party Dating Share a Great Idea Fulfill Urgent Needs Share a car LIFE IS FULL OF NEEDS Social Ask for friends’ advice Be Served on Publishing Needs instead of Searching Have Random Needs
  • 3.
    WeIF 25of3 SOME CANBE FULFILLED 3 Life 3
  • 4.
    WeIF 25of4 Life Choose Peoplefor Dinner Get help from friends Borrow a Lighter Watch Movies with Friends Bring a Cup of Milk Tea Help friends Fix the computer Share a Book Express a Regret Make a wish Share a Great Idea Have snack at night HOW ABOUT THE REST? Ask for friends’ advice Have cheap hair cut 4 Pain Points Need quick help from people nearby No Apps cover fragmented needs Waste lots of time on searching where to fulfill my needs
  • 5.
    WeIF 25of5 HOW TORESOLVE PAIN POINTS Instant Fragmented Location Base Rule Base A platform where people can have fun by sharing minds, fulfill instant needs by helping others and make innovations a reality by creating ideas starting with IF. WeIF
  • 6.
    WeIF 25of6 WEIF FUNCTIONALMODEL Users Nearby WeIF IF Maker Publish an IF Rule: messages start with “IF”. “IF” message stands for: wishes, needs, questions or for fun. STEP 01 Complete the service via payment system. The payment was processed in two-ways. STEP 05 Users nearby receive IF message based on LBS or friends circle. STEP 02 Bid IF message if users want to deliver the service. STEP 03 Choose IF bidders and communicate with the bidder. STEP 04
  • 7.
    WeIF 25of7 WEIF FUNCTIONALMODEL STEP 01 IF maker publish an “IF” STEP 02 Users nearby receive “IF” Adidas and Asobio nearby bid for IF message STEP 03 IF maker choose IF bidders STEP 04 Complete payment STEP 05
  • 8.
    WeIF 25of SUBSCRIPTION • Tospecific people • To selected category (e.g., Adidas, Coca-Cola…) BIDDING • IF-bidders provide fulfillment to IF-makers • IF-makers choose one bidder based on offers / distance / friendship etc. PUBLICATION • Upload personal needs/questions/wishes etc. • Broadcast marketing information to users nearby STATUS TRACING • Bidder Waiting, Service Waiting, Payment Waiting, Service Completed • Logistics Tracking SHARING • In WeChat Moments • Forward to specific friends CREDIT EVALUATION • Evaluate completed service • Provide IF-makers a reference to choose the bidder 8 PRODUCT FEATURES COMMUNICATION • Inter-communication between IF-makers and IF- bidders based on deals PAYMENT • WeChat Online Payment • Red Pocket (Hong Bao, For fun) • Other forms (e.g., present)
  • 9.
    WeIF 25of9 WEIF &WECHAT • WeChat Moments • Official Account Communication Platform • Input/Output Interface • Tencent Map • WeShop • Drift Bottles Other Functions • WeChat Payment • Credit Reporting System • WeBank Payment Platform • Data Mining • Semantic Search Intelligent Platform Intelligent Platform Other Functions Communication Platform Payment Platform WeIF With all user generated content, it will be easy to excavate people’s life style, needs, habits, preferences. By applying data mining and semantic search technology, it will be useful to build a service platform with intelligence. Build end users’ credit system. Leverage the SNS technology of WeChat. Increase users’ stickiness to WePayment and WeBank. Build the credit system for WeBank based on ‘IF’ bidders’ transaction records. Leverage the communication technology of WeChat into WeIF.
  • 10.
    WeIF 25of10 VALUE PROPOSITION InstantNeeds Fulfillment Purchasing Method Optimization Reduce time and effort of searching goods or services by biddings from other users or merchants Flexible Marketing Implementation Attract customers nearby to step in and purchase by Location Based Service Precise Marketing Solution Increase sales and save marketing cost by capturing potential customers based on specific needs Emotional Expression Post personal regrets, wishes and dreams; entertain friends Bring convenience to life and facilitate social networking by posting and fulfilling needs
  • 11.
    WeIF 25of11 ANALYSIS ONWECHAT USERS TARGET CUSTOMER VS 64.3% Male Customers 35.7% Female Customers 45.4% Others: 4.3% 9.5% 40.8% Age: 18 - 25 Age: 26 - 35 Age: <18 White Collar Workers 32% Students 40% Others 15% SOHO 13% OUR TARGET CUSTOMER of students and white collar workers living in tier one cities, who are also active users in WeChat, will become our first batch of target customers. 144M SOCIAL NETWORKING & ENTERTAINMENT 90% OTHERS INFORMATION ACCESS PERSONAL CARE & SERVICE 40% 60% 83%
  • 12.
    WeIF 25of12 PROFIT MODEL FREEOF CHARGE • Hook end users to WeIF platform by providing them full services without payment CHARGE FOR USE • Package 1: 500 RMB / Year (Sample) Based on yearly contract - 2 messages/day in broadcasting promotion info - No limitation in receiving instant need • Package 2: 1 RMB / Message (Sample) Based on the number of promotion info - message for flexible broadcasting - message of instant needs notified by WeIF DATA REPORT • Monthly data report - Customer needs analysis - Customer behavior analysis
  • 13.
  • 14.
    WeIF 25of14 DIFFERENCE: WEIFVS. 58.COM WeIFInstant Needs Time Lag Location Based City Based Friends Strangers Easy Interaction Lack of Interaction WeChat Payment Third Party Payment
  • 15.
    WeIF 25of15 DIFFERENCE: WEIFVS. 58.COM (UI) WeIF
  • 16.
    WeIF 25of16 GO-TO-MARKET: HOWTO LAUNCH? ENTRANCE 1 ENTRANCE 2 Add WeIF under WeChat Discovery page Access WeIF via offical account
  • 17.
    WeIF 25of17 GO-TO-MARKET: SEEDSCUSTOMERS STEP 4 Build up the WeIF Select specific university / office buildings, for example: Shanghai Jiaotong University / Jinmao Building WeIF promotion event: Didi Hongbao model Get feedback from students & Generate data report about promotion events STEP 2 STEP 3STEP 1 How to get seeds customers from universities & office buildings?
  • 18.
    WeIF 25of18 GO-TO-MARKET: PROMOTION Encouragepeople to make more IF Didi Hongbao model: Forward more Hongbao to friends Complete “I WANT” Push IF Hongbao to everyone via WeChat Consume IF Hongbao only by downloading and using WeIF More people start to use WeIF because of WeIF Hongbao How to get first batch customers?
  • 19.
    WeIF 25of19 DEVELOPMENT PLAN Launchproduct. Users enjoy and stick to it. Introduce WeChat Payment. Promote product among merchants and let them stick to it. Help merchants to implement flexible marketing strategies based on LBS. Help merchants to develop precise marketing solutions based on intelligent platform. STEP 01 STEP 02 STEP 03 STEP 04 STEP 05 Cultivate an IF culture & community. Everybody will think IF everyday.
  • 20.
    WeIF 25of20 RISK ANALYSIS Easyto be Copied 1. Based on WeChat, users scale advantage 2. Move fast 3. Get more business merchants involved 4. Keep innovating 5. Keep lean execution Safety Issue 1. Users can switch to friends or strangers 2. Credibility system 3. Back-end monitoring system 4. Block system
  • 21.
    WeIF 25of21 TEAM PROFILE •Name: Yi Wang 汪毅 • Team role: Team Leader • Education:  2014.8 -- Now: CEIBS, Master of Business Administration (MBA) Candidate  2007.9 – 2009.5: ESC Rennes, Msc of International Marketing, France  2003.9 – 2007.6: Donghua University, E-Commerce, China  Working Experience  2012 – 2014: DELL, Global Supply Manager  2009 – 2012: DELL, Senior Global Buyer/Planner  Lead team including finance/demand/marketing to create large order check process to reduce shortage from 2-day recover to 0.8-day recover.  Helped consulting project with AT Kearney to reduce the commodity & increase the flexibility in procurement  Create fun personal talk show (小汪说事) on Youku.com, 9 episodes.  Tried to create jewelry trade business in France, but failed.  More About Yi  Full of passion to create new things. Strong sense on new product. Out-of-box thinking and do-it-right-away execution. Optimistic and funny guy in life.
  • 22.
    WeIF 25of22 • Name:Susan Lai 赖如洁 • Team role: Team Member • Education:  2014.8 -- Now: CEIBS, Master of Business Administration (MBA) Candidate  2007.9 – 2010.3: Shanghai Jiao Tong University, Master, Computer Science  2003.9 – 2007.6: Jilin University, Bachelor, Computer Science  Working Experience  2013.7 – 2014.8: Morgan Stanley, Senior Associate  2010.4 – 2013.6: Morgan Stanley, Junior Associate  Lead seven critical strategic projects in both Equity Swap trading department and Enterprise Infrastructure department. Accomplished four challenging tactical projects. Team leader. Product manager of Report Central (500 users in Prime Brokerage and Fun Service department), Report Explorer (2,000+ external users of Morgan Stanley), Equity Swap Action Station (all Equity Swap trades in Morgan Stanley). Master of Java, ExtJS, Flex and DB.  More About Susan  Long distance runner. Sports Fan. Has strong sense on web application UI design and product design. Has intense passion on new technology. TEAM PROFILE
  • 23.
    WeIF 25of23 TEAM PROFILE •Name: Wayne LI 李昂达 • Team role: Team Member • Education:  2014.8 -- Now: CEIBS, Master of Business Administration (MBA) Candidate  2001.9 – 2005.7: Shanghai Ocean University, Bachelor, Computer Science & Technology  Working Experience  2014.4 – 2014.6: OMRON Software(Shanghai) Co. Ltd  Investigated daily operation in assembly line and proposed recommendations for optimization by Factory Automation.  2005.9 – 2013.8: CBSTechno Co. Ltd., Japan  8-year international experience in automotive R&D. As a project manager in charge of the entire development process, led multinational teams of Chinese and Japanese engineers in executing mass-production-level projects related to engine, air-conditioning and car communication.  More About Susan  Detail-oriented in technology development; Strong project management skills and execute force; Excellence in both English and Japanese
  • 24.
    WeIF 25of24 TEAM PROFILE •Name: Forest Gao 高兴森 • Team role: Team Member, pushed team to think in-depth to polish business model • Education:  2014.8 -- Now: CEIBS MBA, Finance concentration, Innovation Club President  2007.9 – 2011.6: Henan University, Mathematics, Student Union President  Working Experience  2011.7 – 2013.12: Procter & Gamble, Supplier Project Manager  Hired as Management Trainee for Pampers, responsible for Asia Pacific Raw Material Supplier Project (material qualification & supplier quality assurance)  Start-up Experience  2013.12 – 2014.7: ZHIBENEDU.COM (至本教育), Co-founder  Company was aiming at help graduates on career development and job searching. Services provided: career development training, job searching training, resume revising, mock interview, and other related consulting services. It was breakeven before transferred to current business - college entrance consulting. Responsible for product design / marketing promotion and quit in Jul’2014 due to CEIBS offer.
  • 25.
    WeIF 25of25 We arelooking for the person: • Who has product manager experience in internet companies, such as BAT; • Who has passion for entrepreneur; • Who has >3 years working experience; • Who has deep understanding on internet product; TEAM PLAN HELP NEEDED:
  • 26.
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  • 28.
  • 29.