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Concept Note
Team
Team
Ashish Gupta
• Alumni - IIT, Delhi (2001)

• Partner – Tekriti Software (Acquired & amalgamated into a public
  company – Kellton Tech)

• Co-Founder – StudyPlaces.com (Acquired by Educomp)

• Six Sigma Black-belt

• Core Expertise: Product, Technology Management & Business
  Development
Team
Lavesh Bhandari
• Alumni - IIT, Delhi (2011)

• Technical Analyst – Royal Bank of Scotland

• Core Expertise: Building across platforms
  and interfaces
Introduction
VISION
  Analyze USER BEHAVIOR for delivering

  PERSONALIZED & LOCALIZED tools in an

AUTOMATED MANNER to make the shopping

       process EASY & REWARDING
The Shopping Process Today
TheShoppingPro Way
Product Strategy
Features
The Enablers
• Recommendation Engine
• Cashback (Multi Layer)




Hot Sauce
•   Business Intelligence For Retailers
•   Targeted Localized Marketing
•   Product Discovery (The “Google Now” of Products)
•   Partnerships
Platforms

Plugin   Pivotal medium for           Mobile
                                                      Expected to be the
         tracking user                                primary medium of
         behavior & pushing                           consumption in
         truly differentiated                         coming times
         services




                     Website
                                Essential platform
                                for initial
                                engagement & SEO
                                / Social strategies
Plugin Strategy

                            GATHER DATA on                EMPOWER
Utilize AUTOMATED          user search, browse &       RETAILERS to setup
                            transaction behavior
  ACTIVATION to                                          targeted campaigns
 deliver ease of use for   ACROSS ALL SITES            based on user analytics;
enablers; enhance with      to power the product           POWER
                            discovery for users &
 SOCIAL TWEAKS             business intelligence for   PARTNERSHIPS via
                                  retailers                plugins/widgets
Mobile Strategy


Launch a specialized SHOPPING
 BROWSER for monitoring the          Backup browser with an APP to
 user behavior and delivering the
                                    deliver services PULLED by user.
DIFFERENTIATED SERVICES
        (PUSH)
Market Sizing
Market Size
• Affiliate Marketing Spend US* :                                   $ 4 Billion

• Affiliate Marketing Spend UK* :                                   £ 5 Billion
                                        “Nearly every Internet
                                     Retailer Top 500 merchant
                                       has an affiliate program;
                                    and while it differs from one
                                              merchant to
                                      another, affiliate-referred
                                       sales tend to range from
              Geno Prussakov
                                        10% to 40% of all their
       Organizer, Affiliate Management          sales”
                      Days                                     * Source: Forrester
Unit Economics
•   The financial model is based on affiliate commission. High level unit economics
    provided below:

     – Average Transaction Size                     :          USD 70*

     – Transactions Per User Per Year               :          12

     – Affiliate Commissions                        :          2.5%

     – Revenue Per User Per Year                    :          USD 21

     – Revenue Passed On (MLM/Cashback)             :          67%

     – Margin Per User Per Year                     :          USD 7


               It is very likely that our initial product mix will be much
                      higher value but lower transactions per year

                                                                * Source: Comscore
The Story So Far
Screenshot Of The Current
Product View On A Partner
           Site
Screenshot Of The
    Current Plugin
View On A Non-Partner
         Site
Preview: Mobile
          Browser




Get 4% Cashback   Go   20,890 @   Go
   at Jabong
Screencast: Current Mobile
        Browser
              User launches TSP browser as
                    a regular browser

             User enters the site of interest


               All the relevant information
               will be shown right there as
                the site loads (cashback in
                       this example)

              Clicking “Go” sets the tracking
                 cookies by refreshing the
               page. Now all purchases will
                  be eligible for cashback.
Current Relationships
Affiliate tie ups with about 40 key retailers
                                                The fact that I can not only win more
                                                business but also understand what
                                                my consumers are doing outside of
                                                my site makes me ask only one
                                                question: When are you guys
                                                launching?
                                                Prashant Tandon, Founder & CEO
                                                Healthkart.com


                                                 TheShoppingPro’s ability to help
                                                 me get traffic from my competitor’s
                                                 website makes it really exciting!!
                                                 Pearl Uppal, Co-Founder
                                                 Fashion & You
Pre-Alpha (DONE)
The main goal of the pre-alpha was to validate the ACCEPTABILITY OF THE PLUGIN & EASE
OF USE that it brought. Some results shared below (under 100 users across India & US):




         Tested the overall system out and made some initial (albeit miniscule)
         revenues
Plan
Alpha
Focus on the PLUGIN & BROWSER

• Test for adoption
• Prove effectiveness when used
• Prove social strategies work
• Show practical value of Business
  Intelligence, Targeted Marketing &
  Partnerships
Alpha Launch Plan
    LAUNCH…

• with enablers within 2 months and have the hot sauce ready within 8 months.

    GET TRACTION…

• and prove hypothesis over a period of 18 months

    FOCUS ON THE INDIAN MARKET…

• during this phase but undertake trial runs in US & UK to confirm reproducibility
  of the model
Sneak Peak:
Business Intelligence For
       Retailers
Business Intelligence
                       Sneak Peak
Comparing Traction Vs Competitors (category, geography slice & dice)
Business Intelligence
                    Sneak Peak
Viewing User Loyalty (category, geography slice and dice)
Business Intelligence
                  Sneakinsights explaining reason for the spread)
Relative Geographic Strengths (with
                                    Peak
Business Intelligence
                        Sneakexplaining reasons for the spread)
Relative Category Strengths (with insights
                                           Peak
Business Intelligence
                      Sneak with competitor mapping)
Understanding Sales Losses (product level
                                          Peak
End Notes
Plugin Inspiration
   Crossrider

               Acquired by Markets.com
                for $37mn in End 2012


                 Claim to reach over
                  250 million users
Plugin Inspiration
  Invisible Hand


               Over 350K users across
                 Chrome & Firefox
End Notes
Creating Entry
                     Barriers
    USABILITY

• The nature of the plugin makes it impossible for a user to use two competing
  plugins simultaneously

    MLM

• Competitors may replicate the model but will find it hard to move an established
  MLM

    PARTNERSHIP

• Partners will be reluctant to move as by doing so, they will miss out on the long
  term revenues from the purchases of consumers referred.
Leverage With Big
              Players
   LESS DEPENDENCE ON BIGGIES

• The system does not require the host sites’ data in its
  database, so it is effective in taking traffic away from non-
  participant site. This consequently gives a leverage with
  big players
The shoppingpro deck-v6.05

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The shoppingpro deck-v6.05

  • 3. Team Ashish Gupta • Alumni - IIT, Delhi (2001) • Partner – Tekriti Software (Acquired & amalgamated into a public company – Kellton Tech) • Co-Founder – StudyPlaces.com (Acquired by Educomp) • Six Sigma Black-belt • Core Expertise: Product, Technology Management & Business Development
  • 4. Team Lavesh Bhandari • Alumni - IIT, Delhi (2011) • Technical Analyst – Royal Bank of Scotland • Core Expertise: Building across platforms and interfaces
  • 6. VISION Analyze USER BEHAVIOR for delivering PERSONALIZED & LOCALIZED tools in an AUTOMATED MANNER to make the shopping process EASY & REWARDING
  • 10. Features The Enablers • Recommendation Engine • Cashback (Multi Layer) Hot Sauce • Business Intelligence For Retailers • Targeted Localized Marketing • Product Discovery (The “Google Now” of Products) • Partnerships
  • 11. Platforms Plugin Pivotal medium for Mobile Expected to be the tracking user primary medium of behavior & pushing consumption in truly differentiated coming times services Website Essential platform for initial engagement & SEO / Social strategies
  • 12. Plugin Strategy GATHER DATA on EMPOWER Utilize AUTOMATED user search, browse & RETAILERS to setup transaction behavior ACTIVATION to targeted campaigns deliver ease of use for ACROSS ALL SITES based on user analytics; enablers; enhance with to power the product POWER discovery for users & SOCIAL TWEAKS business intelligence for PARTNERSHIPS via retailers plugins/widgets
  • 13. Mobile Strategy Launch a specialized SHOPPING BROWSER for monitoring the Backup browser with an APP to user behavior and delivering the deliver services PULLED by user. DIFFERENTIATED SERVICES (PUSH)
  • 15. Market Size • Affiliate Marketing Spend US* : $ 4 Billion • Affiliate Marketing Spend UK* : £ 5 Billion “Nearly every Internet Retailer Top 500 merchant has an affiliate program; and while it differs from one merchant to another, affiliate-referred sales tend to range from Geno Prussakov 10% to 40% of all their Organizer, Affiliate Management sales” Days * Source: Forrester
  • 16. Unit Economics • The financial model is based on affiliate commission. High level unit economics provided below: – Average Transaction Size : USD 70* – Transactions Per User Per Year : 12 – Affiliate Commissions : 2.5% – Revenue Per User Per Year : USD 21 – Revenue Passed On (MLM/Cashback) : 67% – Margin Per User Per Year : USD 7 It is very likely that our initial product mix will be much higher value but lower transactions per year * Source: Comscore
  • 18. Screenshot Of The Current Product View On A Partner Site
  • 19. Screenshot Of The Current Plugin View On A Non-Partner Site
  • 20. Preview: Mobile Browser Get 4% Cashback Go 20,890 @ Go at Jabong
  • 21. Screencast: Current Mobile Browser User launches TSP browser as a regular browser User enters the site of interest All the relevant information will be shown right there as the site loads (cashback in this example) Clicking “Go” sets the tracking cookies by refreshing the page. Now all purchases will be eligible for cashback.
  • 22. Current Relationships Affiliate tie ups with about 40 key retailers The fact that I can not only win more business but also understand what my consumers are doing outside of my site makes me ask only one question: When are you guys launching? Prashant Tandon, Founder & CEO Healthkart.com TheShoppingPro’s ability to help me get traffic from my competitor’s website makes it really exciting!! Pearl Uppal, Co-Founder Fashion & You
  • 23. Pre-Alpha (DONE) The main goal of the pre-alpha was to validate the ACCEPTABILITY OF THE PLUGIN & EASE OF USE that it brought. Some results shared below (under 100 users across India & US): Tested the overall system out and made some initial (albeit miniscule) revenues
  • 24. Plan
  • 25. Alpha Focus on the PLUGIN & BROWSER • Test for adoption • Prove effectiveness when used • Prove social strategies work • Show practical value of Business Intelligence, Targeted Marketing & Partnerships
  • 26. Alpha Launch Plan LAUNCH… • with enablers within 2 months and have the hot sauce ready within 8 months. GET TRACTION… • and prove hypothesis over a period of 18 months FOCUS ON THE INDIAN MARKET… • during this phase but undertake trial runs in US & UK to confirm reproducibility of the model
  • 28. Business Intelligence Sneak Peak Comparing Traction Vs Competitors (category, geography slice & dice)
  • 29. Business Intelligence Sneak Peak Viewing User Loyalty (category, geography slice and dice)
  • 30. Business Intelligence Sneakinsights explaining reason for the spread) Relative Geographic Strengths (with Peak
  • 31. Business Intelligence Sneakexplaining reasons for the spread) Relative Category Strengths (with insights Peak
  • 32. Business Intelligence Sneak with competitor mapping) Understanding Sales Losses (product level Peak
  • 34. Plugin Inspiration Crossrider Acquired by Markets.com for $37mn in End 2012 Claim to reach over 250 million users
  • 35. Plugin Inspiration Invisible Hand Over 350K users across Chrome & Firefox
  • 37. Creating Entry Barriers USABILITY • The nature of the plugin makes it impossible for a user to use two competing plugins simultaneously MLM • Competitors may replicate the model but will find it hard to move an established MLM PARTNERSHIP • Partners will be reluctant to move as by doing so, they will miss out on the long term revenues from the purchases of consumers referred.
  • 38. Leverage With Big Players LESS DEPENDENCE ON BIGGIES • The system does not require the host sites’ data in its database, so it is effective in taking traffic away from non- participant site. This consequently gives a leverage with big players