Date post: | 19-Jun-2015 |
Category: |
Business |
Upload: | luke-peterson |
View: | 162 times |
Download: | 4 times |
Transforming the way people pool money.
OverviewDecember 2013
The problem: we all pool money
Group gifting
Registries, wish lists
Expense sharingShared meals,
group travel, events
Fundraising
Charities, scholarships, personal
needs,community projects
But the process sucks.
Chasing people down
Juggling cash and checks
Keeping track
Splitzee removes the suckfrom pooling money.
1 2 3
How Splitzee works
Create a‘Splitzee’
... online or from a mobile device
Invite friendsto contribute
... through your social network
Purchase from a Splitzee partner
... or cash out to your bank account
Splitzee offers different products for different kinds of money pooling
Website integrations
and APIsButtons and widgets
capturing group-purchasing demand on
retailer sites
Registry andwishlist servicesFreestanding services for gathering and monetizing
aspirational purchases
Customcampaigns
Customized web and mobile collectionsfor specific uses
Splitzee has a solution for all the ways we pool money today
Gifting Expense sharing
Fundraising
Registries, wish lists Shared meals, group travel, events
Charity, personal needs, scholarships
Online retail partnerships jumpstart Splitzee’s growth
With online retail partners
Viral/consumer-only
Time
Use
r /
colle
ctio
n /
tra
nsa
ctio
n v
olu
me
Splitzee delivers new revenue to online retailers
New revenuefor onlineretailers
Retailerwebsite
integrations
Registry andwishlistservices
Customcampaigns
Grouppurchase
transactions
5%-25%of each sale
Commissionto Splitzee
Market PotentialOnline retail is a $252 billion market, growing 29% annually
Three online registry categories represent a $14 billion market
Source: MaRS Commons,referralcandy.com
Online retail
$252 billion
Online wedding registriesOnline baby giftsOnline group travel
$7 billion$4 billion$3 billion
What else is out there?
Online registries
$14 billion
Competition
Onlinecampaigns
Broad payment options
Product/purchase-oriented
‘Cash out to purchase’ options
Integrations with online
retailers
Group gifting
Expense sharing
Personal fundraising
Group purchasing platform
Partner promotions
Active referral marketing
Promotional and media partnerships
Banner advertising
Publicity
Consumer acquisition strategyYear 2Year 1
Online retailer referrals
Contributor conversion
Inbound and social media marketing
Pay-per-click and online marketing
Initial ProductDevelopment
Milestones
Fall
2012
Website
1.0Website
1.6
First
Retail partner
3Plug-inplatforms
1300Users
2500Users
December
2014December
2015
50Majorpartners
186kUsers
$6.5mProcessedfunds
250Majorpartners
460kUsers
$13mProcessedfunds
$100kProcessedfunds
Website
2.0ChromePlugin(Beta)
PartnerWidget(Beta)
December
2013
$200kProcessedfunds
8kUsers
December
2012
Retail Partner
Solicitation
$50kProcessedfunds
Team
Brad HartmanCEO
Camelot Capital,LucidIQ
Andrei OprisanCTO
Wayfair, Lycos
Michael SattlerCOO
Punchey, Cauzoom,Endurance International
Wendy SavageOperations
Liberty Mutual, Goodwin Procter
Luke PetersonFounder
First Republic Bank,Wells Fargo
“I’ve never seen a service like this.
It makes total sense and I will definitely be using it in the
future.”Customer Marchelle Lien, February 2013