7. Target Market Urban females/males 18-34, degrees, single Frustrated, active purchasers, deal hunters Savvy, prudent spenders Laggards, new to “deal” sites
8. Initial Marketing Two Contests – Viral Facebook Like Page + Twitter RT with #MidoFTW Tweet most ironic deal #WTFDeal Prize: Users choice, $1000.00 value
9. Monetization Affiliate model with deal sites Average commission approximately 10% Example # Emails (50,000) Revenue ($30.00) Conversion Rate (1.5%) Commission (10%) Profit ($2,250.00)
10. The Team Design – Luis Dev – Peter Njongwe Finance – KaviTanna Marketing – Nick Coe
11. Milestones 6 months 50K email sign ups 2 week 1,500 email sign up 1 month 338 purchased deals Horizon – Scalability & Sustainability Expand to goods & offline retailers Mobile App, Swipe Card New advertising channels