2. Current Market Scenario
Existing E-commerce Ventures
Focusing only on selling
To known shipping addresses only
No gift aggregation possible
General Market Conditions
Don’t know what to gift
We gift what we have extra
We end up receiving the same gift (3-4
Juicers)
4. With Getmygifts.com a sender
Need to be a member of GMG
Need to know only email id, facebook
id, twitter @ or anything similar of the
receiver.
Can send gifts even anonymously.
Can cancel the gifts he has sent to others.
Can be assured that the receiver is happy
with the thing she want.
Can make an option to make the gift un-
5. With Getmygifts.com a
Receiver
Need not be a member to receive gifts
but need to provide address to receive
the gifts.
Need to be a member to manage
(convert, upgrade, transfer) the gift.
Will get choice in email to accept, reject
or convert the gifts to GMG cash.
GMG cash can be used to purchase
gifts.
Member can schedule, convert, cancel
6. Other Features
Gifts Aggregation – Many people can
aggregate together to send a big gift to the
receiver. The gift could either be her’s wish list
or some suggestion.
Gifts Management - The receiver can manage
the gifts to arrive at a future time, can upgrade
to better version or even transfer to another
person.
Can also be used in B2C transactions. A
winner in a scheme can manage the gift she
got to the gift she wants. Either it could be
transferrable or upgradable.
7. Few Examples
Your boss is getting married. All the associates get
together and gift a trip to Singapore. But it may turn
out that your boss’s husband already had booked a
trip for Mauritius. So what they can do with the other
trip?. With GMG they can schedule the trip to future.
A person won a Maruti Wagon R Car in a scheme by a
Company. But she is more interested in getting Maruti
Swift Dzire. With GMG, the company can make the
gift non-convertible and non-transferrable but it can be
upgradable. So now she can upgrade to MS D’zire.
A company want to gift a demo item to one of the
visitors at their stall. By only having their email
id, they can send the gift to her. Again she has choice
to accept or reject the gift.
8. Money
We will be making money by
Commission on each gifts (est. 5%-20%)
Rejection of gifts by Receiver
Cancellation of Gifts by Sender
Conversion to GMG cash
Upgrading gifts (from company)
Interest Income
