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Everize Co
Idea presentation
The Concept

    •The European Union is a single market – there are no additional taxes
    and documentation for exports – but there isn’t any B2B integration.

    •What ideas do we want to bet on?
         B2C integration is taking place, B2B is lagging but is being promoted by EU
          Companies with good products needs to find new markets
          Barriers that hold up the B2B integration – lack of trust, logistics and language – can
         be lifted
          Expansion of internet use in B2B
          APIs (software – software communication) are here to stay and deliver in seconds
         what before needed a lot of people’s work.
          SMEs already pay (or are willing to pay) for export guidance, so no costs without new
         sales are involved
    Fewer than one in ten EU SMEs (8%) reported turnover from exports, which was significantly lower than the respective
    share of large enterprises (28%). The main export obstacle for SMEs was the lack of knowledge of foreign markets (13% of
    exporting SMEs mentioned this as their prime obstacle), followed by import tariffs in destination countries and the lack of
2
    capital (both 9%).

    Source : EU Observatory of European SMEs
Producers’ Pains
    • It is not possible for a wholesaler in an EU country to sell its
    products directly to stores in the EU, even if there are no import taxes
    and other national barriers.
    • Some potential reasons:
        Logistics, payments and invoicing can be difficult and
        expensive for a SME
        Need for large quantities for an exporter to be involved
        No IT expertise and below average corporate websites
        Difficulty in communicating in other languages
                                                                    Producers
        Lack of marketing and international exposure




5
Customers’ Pains
    • From the other side there are stores that are looking for a simple
    way to get products directly from trusted producers without paying
    importers fees or just to differentiate from the competition

                     Some possible drawbacks:
                        They don’t trust buyers they don’t know as they are afraid of
                        scams
                        They don’t trust the quality of the products without seeing
                        for themselves
                        They want the documentation in their own language
      Small/medium
         firms          They don’t want to pay for an intermediate who they could
                        trust
                        They want Just-In-Time logistics




5
Summary of Idea
      Online platform that integrates SME B2B in EU and allows producers to sell
      its products to customers throughout the EU.

                           The startup’s solution ( step by step )




                                   Business information

0. New business
                                               Country
owner subscribes and
a new market channel                            Sector
opens     Submit your
           Business                          Number of
                                             employees


                                            Corp. Name

                                              Turnover
1. We send a person to         1. Face to face
the company’s premises         interview about
to conduct an                  business and
interview, collect financial   products
statements, certificates
and take photos



        2. Professional                                   3, Certificate and
        photos of owner’s                                 financial
        working                                           statement check
        environment and                                   and collection
        products




          4, Phone feedback
          request from 3
          clients



                                                 End results that builds the producer profile
                                                 and depicts the reality at the same time
Where the customers can read a full interview and get to better know the
                          producer – not just present the products
2a. We use this
information to
                                                                                      Single
create a web                                                                          page, which
platform, which the                                                                   can be
company can use                                                                       incorporated
as : a. presentation                                                                  in the
                                                                                      existing
website
                                                                                      corporate
                                                                                      website. The
                                                                                      producer
         Tabs, where the                                                              sells the
         user can switch                                                              products, we
         easily from the                                                              are just
         presentation to                                                              helping him
         the order tab
         and the                                                                    Stats on the
         communication                                                              producer.
         tab                                                                        e.g.
                                                                                    response
                                                                                    rate etc

          Interview, in
          a magazine
          format, in                                                              Verified real
          which the                                                               photos, whic
          producer                                                                h help to
          can show his                                                            gain the trust
          passion and                                                             of the buyers
          expertise
E-Shop, where the customer can order, see the shipping cost and check
                       certificates and reviews (that we have already collected & translated.)
2a. We use this
information to
create a web                                                                     Simple way to
platform which                                                                   add orders and
the company can                                                                  see how the
use as : b. E-                                                                   cost changes
                                                                                 with additional
Shop:
                                                                                 volume

        Again real
        professional
        photos

                                                                          Special review for
        Button for                                                        products that we
        additional                                                        send them for a
        information                                                       independent review




        Product
        documentation
        translated in local                                                      Shows special
        language                                                                 pricing available
                                                                                 for bulk orders
                                                                                 or recurring
                                                                                 sales or credit
                                                                                 score
3.We translate the web platform
and documents into the most
important European Languages.
We handle communications
through the platform with FAQ
that are pre-filled from the
interview and direct translation
though API.




                                                                        Questions that have
                                                                        been answered in the
                                                                        interview and are
                                                                        translated (no need to
                                                                        communicate with the
                                                                        producer)

                                                   Usual predefined questions that
                                                   cannot be answers in advance (e.g.
                                                   Special payment method for 40 kilos
                          The website, questions   every month). Structured in a way so
                          and documentation will   that the translation from our part will
                          be translated in the     be kept to a minimum and the
                          most important           communication will be a phone like
                          European languages       discussion
4. We offer a simple online
Order Management software
(SaaS) in which users without
an IT background can handle
new orders, payments and
utilise marketing tools         Simple easy
                                to use menu




                                                                  All the orders that have been
                                                                  confirmed and the current
                                                                  status (shipped, paid etc)

                                Single spot, where the producer
                                can update all of his social
                                media status




                                                                  All the orders and sample
         List of                                                  requests that are awaiting
         awaiting                 Facebook like front page, in
                                  which the producer gets         confirmation
         to-do tasks
                                  informed of all recent
                                  activities, new orders, and
                                  news ( or even ads) about
Checkout
5. We act as an
intermediate and a
guarantor for
payment, doing from our
side the proper risk
management

      The checkout and payment will be
      on our servers, having just the logo
      of the client for marketing purposes

      Shipping & payment method. The
      user will be able to choose the desired
      one.

      The buyer will be able to have a
      recurring order basket that every
      e.g. 15th of each month he will buy
      selected products (eg. 50k of
      coffee, 10k of cheese, 100 bottles
      of wine)

     Payment burden needs to be lifted
                                                                        The payment
     We handle credit risk and working capital cost by performing a     information is
     credit analysis on each client and producer, using our database    provided only to the
     and insurance when needed.                                         startup and never
     E.g. For customers and producers with good credit scores           passed to the seller
     ( many transactions), we pay producers at dispatch and
     and customer pays us 30 days after delivery. (we assume
     credit risk and working capital cost that can be included in      100% Guaranteed
                                                                       Returns available for
     the price)
                                                                       orders that don’t arrive
6. Conduct online marketing
for them through the platform
and represent our clients in
trade fairs with an online &
printed directory that we have
assembled from the interviews
and photos




                  Special offers   Online Business directory. Buyers can visit our
                  & coupons.       page, search e.g. “cheese producer France” and get the front
                                   page with the relevant information and a link to the producer’s
                                   online store

                 Email                            Committed sales people. In countries where
                                                  we have strong presence, we could employ 1-
                 marketing -                      2 people to find new producers but also new
                 newsletter                       clients by presenting what we offer

                 Social media                     Targeted Marketing Campaigns.
                                                  Through numerous transactions we will have
                 marketing                        data than can be used to target sale
                                                  campaign. Who buys what, frequency, etc

                                                  Printed Business Directory. Having all of
                 Promotions                       these information and reaching a certain
                 & coupons.                       scale, it could be meaningful to create
                                                  business directories by country or by industry.
What pains have we solved

        Producer Perspective                  Buyer Perspective


  ✓     Easily organize
        orders, logistics, payme
                                              Protection from scams
                                              and low quality products       ✓
        nts

  ✓     Ability to communicate with
        foreigners in your own
        language
                                              Have all of the information in
                                              your local language in order to
                                              be able to understand what
                                                                             ✓
                                              you are buying


  ✓     Find and target new
        customers. Diversify your
        client base
                                              Ability to buy directly from
                                              producers achieving cost or
                                              differentiation results
                                                                             ✓
  ✓     Gain international exposure
        new customers without any
        fixed/initial cost
                                              Get price results and
                                              special offers depending on
                                              your volume and payment
                                                                             ✓
                                              profile, like a face to face
                                              relationship
We create a trusted brand, the other services are
complementary (and optional)
                                   The goal is to make direct international trade
                                            similar to home trade for both sides
What we are NOT trying to be


 A B2B marketplace, such as Ebay or Alibaba.

 We are not trying to sell products, we are selling the producers or in
 other words we assist the producers to sell products,

 A consultant or freight forwarder

 We are not getting any money if the producers are not selling any new
 products. We are an IT based company, but we put a stake in every
 new producer on our network. If he gains we gain.

 A combo of all the above

 We have a distinct business plan. We cannot do everything. We are
 targeting that our platform will be easily populated from many
 small/medium producers. The database will be created from our side
 with only one visit on site and with use of APIs (see next slides) to
 minimize staff costs. With a mature database of producers the
 protection of our brand image and marketing will be our main concern.
What we ARE trying
to be

A crossroad where AirBnB meets Tictail and Bigcommerce


       We take the trust AirBnB offers by using only their own
       photos after visiting the houses - for the travelers side -
       and gives damage insurance -for the owners side- ($2bn
       value startup)


       We add the tools Bigcommerce offers to companies to
       make an online shop (fastest growing e-commerce
       platform in the world, more than 25,000 subscribers)

       We make it easy to get started and incorporate our platform
       on your own site that Tictail allows (beta-launch, 1.2m seed,1
       of top 100 startups in Europe (Wired)


       And we complement it with the multilingual flavor that is
                                                                        Study: Can’t Read,
       necessary in the E-commerce world (…more than half               Won’t Buy: Why
       our sample (52.4%) buys only at websites where the               Language Matters
       information is presented in their language - study :             on Global Websites
       Can’t Read, Won’t Buy .)
Business Model
                                            Everize Platform
Sales ( find new SMEs)
                                             Create landing and e-           Marketing ( find
                                             order page                      new costumers)

                                             Translate documents
 Develop network      Create account
                                                                    Deploy site on
 of businesses by     and upload
                                             Give access to       our server and
                      photos and
 giving them an       Docs                   order platform       client’s server
 alternative sales                           (SaaS)
 channel (initially
                                             Gets shipping quotes                Create loyal
 sales people
                                             from major supply                   buyers to our
 involved)
                                             chain firms                         brand and to
                                                                                 client’s product
                                                                                 (e.g. as an
   Everize Network                          Everize Database                     unknown
                                                                                 product with the
                                                                                 brand P&G on
                                                                                 the side). Sales
                                                                                 people again
Use database info to improve                                                     involved.
client’s sales. Also, market           Develop database of
new product through our                transactions, credit
online platform to our own             score, payment, delays, freque
network of clients (target them        ncy, shipping cost, buyers
Market size limits (EU) and revenue model
                                    EU Non finance sector SMEs 5 < employees < 250
                                    8.000.000
                                    Let’s say 20% of them CAN use us =>
                                    1.600.000 SMEs
                                    From the ones who can use us, 10% see us and are
                                    interested to us=>160.000 SMEs
                                    In mature stage, from the ones who can use us
                                    AND will be interested to us, let’s say only 10% will
                                    chose us =>16.000 SMEs

However to be realistic we assume in the first/second full operating year we will have only
500 companies with a turnover € 3 mil, 5% of sales through our channel and 2% commission
for us (lower than the any export broker)




                                                                            Profitable even
                                                                            before scaling
Possible concerns

   The market structure is completely different than the B2C
    e.g. distributors have the power not the end consumer

   The quantities will not be sufficient for medium buyers to get interested

   Supply chain within a country could be a possible difficulty

   Buyer penetration can be difficult, as buyers can be concentrated.

   If the producers are big enough, they will not want to give 2%-3%
   margin, but will assemble their own team.
Shoemaker       Cheese                     Olive Pro
Denmark         Producer                   Greece
                Finland




Mattress        Paint
manufacturer    manufacturer           Toymaker
Poland          Germany                Bulgaria




We want these people to be able to sell
EVERYWHERE, as their products deserve to
be everywhere

We are waiting your feedbacks at
spyridon.savvidis@gmail.com
Thank you

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EU SME B2B Integration Platform Concept

  • 2. The Concept •The European Union is a single market – there are no additional taxes and documentation for exports – but there isn’t any B2B integration. •What ideas do we want to bet on? B2C integration is taking place, B2B is lagging but is being promoted by EU  Companies with good products needs to find new markets  Barriers that hold up the B2B integration – lack of trust, logistics and language – can be lifted  Expansion of internet use in B2B  APIs (software – software communication) are here to stay and deliver in seconds what before needed a lot of people’s work.  SMEs already pay (or are willing to pay) for export guidance, so no costs without new sales are involved Fewer than one in ten EU SMEs (8%) reported turnover from exports, which was significantly lower than the respective share of large enterprises (28%). The main export obstacle for SMEs was the lack of knowledge of foreign markets (13% of exporting SMEs mentioned this as their prime obstacle), followed by import tariffs in destination countries and the lack of 2 capital (both 9%). Source : EU Observatory of European SMEs
  • 3. Producers’ Pains • It is not possible for a wholesaler in an EU country to sell its products directly to stores in the EU, even if there are no import taxes and other national barriers. • Some potential reasons: Logistics, payments and invoicing can be difficult and expensive for a SME Need for large quantities for an exporter to be involved No IT expertise and below average corporate websites Difficulty in communicating in other languages Producers Lack of marketing and international exposure 5
  • 4. Customers’ Pains • From the other side there are stores that are looking for a simple way to get products directly from trusted producers without paying importers fees or just to differentiate from the competition Some possible drawbacks: They don’t trust buyers they don’t know as they are afraid of scams They don’t trust the quality of the products without seeing for themselves They want the documentation in their own language Small/medium firms They don’t want to pay for an intermediate who they could trust They want Just-In-Time logistics 5
  • 5. Summary of Idea Online platform that integrates SME B2B in EU and allows producers to sell its products to customers throughout the EU. The startup’s solution ( step by step ) Business information 0. New business Country owner subscribes and a new market channel Sector opens Submit your Business Number of employees Corp. Name Turnover
  • 6. 1. We send a person to 1. Face to face the company’s premises interview about to conduct an business and interview, collect financial products statements, certificates and take photos 2. Professional 3, Certificate and photos of owner’s financial working statement check environment and and collection products 4, Phone feedback request from 3 clients End results that builds the producer profile and depicts the reality at the same time
  • 7. Where the customers can read a full interview and get to better know the producer – not just present the products 2a. We use this information to Single create a web page, which platform, which the can be company can use incorporated as : a. presentation in the existing website corporate website. The producer Tabs, where the sells the user can switch products, we easily from the are just presentation to helping him the order tab and the Stats on the communication producer. tab e.g. response rate etc Interview, in a magazine format, in Verified real which the photos, whic producer h help to can show his gain the trust passion and of the buyers expertise
  • 8. E-Shop, where the customer can order, see the shipping cost and check certificates and reviews (that we have already collected & translated.) 2a. We use this information to create a web Simple way to platform which add orders and the company can see how the use as : b. E- cost changes with additional Shop: volume Again real professional photos Special review for Button for products that we additional send them for a information independent review Product documentation translated in local Shows special language pricing available for bulk orders or recurring sales or credit score
  • 9. 3.We translate the web platform and documents into the most important European Languages. We handle communications through the platform with FAQ that are pre-filled from the interview and direct translation though API. Questions that have been answered in the interview and are translated (no need to communicate with the producer) Usual predefined questions that cannot be answers in advance (e.g. Special payment method for 40 kilos The website, questions every month). Structured in a way so and documentation will that the translation from our part will be translated in the be kept to a minimum and the most important communication will be a phone like European languages discussion
  • 10. 4. We offer a simple online Order Management software (SaaS) in which users without an IT background can handle new orders, payments and utilise marketing tools Simple easy to use menu All the orders that have been confirmed and the current status (shipped, paid etc) Single spot, where the producer can update all of his social media status All the orders and sample List of requests that are awaiting awaiting Facebook like front page, in which the producer gets confirmation to-do tasks informed of all recent activities, new orders, and news ( or even ads) about
  • 11. Checkout 5. We act as an intermediate and a guarantor for payment, doing from our side the proper risk management The checkout and payment will be on our servers, having just the logo of the client for marketing purposes Shipping & payment method. The user will be able to choose the desired one. The buyer will be able to have a recurring order basket that every e.g. 15th of each month he will buy selected products (eg. 50k of coffee, 10k of cheese, 100 bottles of wine) Payment burden needs to be lifted The payment We handle credit risk and working capital cost by performing a information is credit analysis on each client and producer, using our database provided only to the and insurance when needed. startup and never E.g. For customers and producers with good credit scores passed to the seller ( many transactions), we pay producers at dispatch and and customer pays us 30 days after delivery. (we assume credit risk and working capital cost that can be included in 100% Guaranteed Returns available for the price) orders that don’t arrive
  • 12. 6. Conduct online marketing for them through the platform and represent our clients in trade fairs with an online & printed directory that we have assembled from the interviews and photos Special offers Online Business directory. Buyers can visit our & coupons. page, search e.g. “cheese producer France” and get the front page with the relevant information and a link to the producer’s online store Email Committed sales people. In countries where we have strong presence, we could employ 1- marketing - 2 people to find new producers but also new newsletter clients by presenting what we offer Social media Targeted Marketing Campaigns. Through numerous transactions we will have marketing data than can be used to target sale campaign. Who buys what, frequency, etc Printed Business Directory. Having all of Promotions these information and reaching a certain & coupons. scale, it could be meaningful to create business directories by country or by industry.
  • 13. What pains have we solved Producer Perspective Buyer Perspective ✓ Easily organize orders, logistics, payme Protection from scams and low quality products ✓ nts ✓ Ability to communicate with foreigners in your own language Have all of the information in your local language in order to be able to understand what ✓ you are buying ✓ Find and target new customers. Diversify your client base Ability to buy directly from producers achieving cost or differentiation results ✓ ✓ Gain international exposure new customers without any fixed/initial cost Get price results and special offers depending on your volume and payment ✓ profile, like a face to face relationship We create a trusted brand, the other services are complementary (and optional) The goal is to make direct international trade similar to home trade for both sides
  • 14. What we are NOT trying to be A B2B marketplace, such as Ebay or Alibaba. We are not trying to sell products, we are selling the producers or in other words we assist the producers to sell products, A consultant or freight forwarder We are not getting any money if the producers are not selling any new products. We are an IT based company, but we put a stake in every new producer on our network. If he gains we gain. A combo of all the above We have a distinct business plan. We cannot do everything. We are targeting that our platform will be easily populated from many small/medium producers. The database will be created from our side with only one visit on site and with use of APIs (see next slides) to minimize staff costs. With a mature database of producers the protection of our brand image and marketing will be our main concern.
  • 15. What we ARE trying to be A crossroad where AirBnB meets Tictail and Bigcommerce We take the trust AirBnB offers by using only their own photos after visiting the houses - for the travelers side - and gives damage insurance -for the owners side- ($2bn value startup) We add the tools Bigcommerce offers to companies to make an online shop (fastest growing e-commerce platform in the world, more than 25,000 subscribers) We make it easy to get started and incorporate our platform on your own site that Tictail allows (beta-launch, 1.2m seed,1 of top 100 startups in Europe (Wired) And we complement it with the multilingual flavor that is Study: Can’t Read, necessary in the E-commerce world (…more than half Won’t Buy: Why our sample (52.4%) buys only at websites where the Language Matters information is presented in their language - study : on Global Websites Can’t Read, Won’t Buy .)
  • 16. Business Model Everize Platform Sales ( find new SMEs) Create landing and e- Marketing ( find order page new costumers) Translate documents Develop network Create account Deploy site on of businesses by and upload Give access to our server and photos and giving them an Docs order platform client’s server alternative sales (SaaS) channel (initially Gets shipping quotes Create loyal sales people from major supply buyers to our involved) chain firms brand and to client’s product (e.g. as an Everize Network Everize Database unknown product with the brand P&G on the side). Sales people again Use database info to improve involved. client’s sales. Also, market Develop database of new product through our transactions, credit online platform to our own score, payment, delays, freque network of clients (target them ncy, shipping cost, buyers
  • 17. Market size limits (EU) and revenue model EU Non finance sector SMEs 5 < employees < 250 8.000.000 Let’s say 20% of them CAN use us => 1.600.000 SMEs From the ones who can use us, 10% see us and are interested to us=>160.000 SMEs In mature stage, from the ones who can use us AND will be interested to us, let’s say only 10% will chose us =>16.000 SMEs However to be realistic we assume in the first/second full operating year we will have only 500 companies with a turnover € 3 mil, 5% of sales through our channel and 2% commission for us (lower than the any export broker) Profitable even before scaling
  • 18. Possible concerns The market structure is completely different than the B2C e.g. distributors have the power not the end consumer The quantities will not be sufficient for medium buyers to get interested Supply chain within a country could be a possible difficulty Buyer penetration can be difficult, as buyers can be concentrated. If the producers are big enough, they will not want to give 2%-3% margin, but will assemble their own team.
  • 19. Shoemaker Cheese Olive Pro Denmark Producer Greece Finland Mattress Paint manufacturer manufacturer Toymaker Poland Germany Bulgaria We want these people to be able to sell EVERYWHERE, as their products deserve to be everywhere We are waiting your feedbacks at spyridon.savvidis@gmail.com Thank you