SlideShare uma empresa Scribd logo
1 de 17
   Visit www.everycrave.me
   Available via Web, Facebook app, Windows 8 and
    Android.
   Currently on 5th release
   EveryCrave Webteck Pvt. Ltd. – Founded October
    2010. Incorporated in March 2012
   Based out of Bangalore, India
   Nearly 100 registered businesses in Bangalore
    catering to over 600 needs across 5 sectors –
    F&B, Clothing, Consumer Products, Consumer
    Services and Lifestyle related
Powered by Top Brands




                        and many more…
Our Mantra – „Why do we exist?‟

    To help online consumers get what they need
     by pressing a button.
Status of the Online Consumer

   <1% of Indian retail consumers
   currently shop online
   Why?*
     Lack of awareness at time of purchase
     Lack of authenticity, Delayed/Failed deliveries + Credit Card issues
     Lack of incentives for users to shop online(besides Price.)
     Wants to buy online! 3Cs -Convenience, Choice
      and Cost primary drivers
     Current choices –Online marketplaces and stores,
      Deal sites etc, Niche ecommerce portals,
      generally preceded by Google!
              -Source: „UberIndia‟ market survey with over 15000 internet users in Ban
Current online approach of
Brands
       Content                                         “A consumer needs all this
                   Blog/email
                   Newsletter                         information at one stop to
                                                      make an informed
                                                      purchase!”
   Online
                                            Social
Store/marke
                                            Profile
   tplace
                   Business
                    Digital
                   Presence         Community
Commerce
                                    & Conversations
                                                        =
         Website                Deal site



   Static Information       Deals and Offers
Solution
    Happy User = “Get em‟ MADE and PAID !”

THE „AHA‟ experience! – Press a button and get what you wan

3 STEPS TO A HAPPY USER @ EveryCrave

         Step 1                   Step 2                  Step 3
 „Crave it‟ – Enter your    Receive and avail a     Refer offers to other
 needs/wants via Web         RELEVANT and         users and earn rewards
       or Mobile           PERSONALIZED offer           and Cash!
Underlying Magic
   „Crave- assist‟ – Users can assist other users by
    referring offers to them.
   „Crave-suggest‟ – Users can suggest craves to
    relevant businesses.
   „Power Profile‟ – Online profile where users share
    content and get paid through affiliate program
    „EC Kiosk for Business‟ – Customized Storefront
    where brands can connect and sell to online
    consumers.
   Benefits for Users
   Smarter Purchasing Decisions
   Save costs.
   Earn money.
DEMO



                           Visit www.everycrave.me




Video - Watch the Demo of our latest release for Windows 8 at



 http://www.youtube.com/watch?v=zdQNJE8HpMs
TRACTION
     Key Businesses metrics:                    Key User metrics:

• 1. Nearly 100 businesses             • Over 1000 registered users in
  addressing over 300 common             Bangalore. Over 600 active
  needs/craves in Bangalore              consumers and nearly 15000 more
  already, including some global         have asked for invites. Rolled them
  brands like Golds                      out over the new year - Part of the
  Gym, Sony, Baskin                      NEW YEAR REVOLUTION
  Robbins, Health and Glow etc. and      campaign.
  numerous small businesses.           • Customers across Facebook
• Over 20% businesses migrating to       app, Windows 8 app and
  Premium Kiosks, with 5% deeper         android(just released) clocking
  engagements(upto 10000$ per            user growth rate of over 80% week
  engagement). Pipeline created for      on week.
  2 new paying customers each          • Web stats - Avg time per visit=8
  week.                                  mins, Pages/visit=7 and over
• 3. Sectors spanning Food &             45%returning visitors
  Beverage, Clothing, Products, Serv
  ices and Lifestyle related
  businesses.
Market Overview
             Market Analysis                                Market Trends

• Retail In India                             • Personalized Offers- 80% of shoppers
  • $470 Bn in 2011 and is expected to          in India said they want to receive
    grow to $675 Bn by 2016 and $850 Bn         personalized offers and
    by 2020 - Source Wikipedia                  recommendations through digital
                                                channels. - Capgemini
• Online Retail
  • Accounts for <1% Total Retail in India.   • Huge eCommerce ready market
  • India set to grow fastest with APAC         • 10 million internet users who actually
    region at a CAGR of over 57%                  buy online in India, there are about
    between 2012-16.                              150 million internet users or around 75
                                                  million households that are 'ready' for
  • India e-tailing market in 2011 was
                                                  ecommerce. Source: IBNLIVE
    about $600 Mn and expected to touch
    $9 Bn by 2016 and $70 Bn by 2020 –
    estimated CAGR of 61%. – Source:          • Almost everyone intends to shop online
    Forrester                                   • In average, not even 1 out of every 10
  • By 2014, India is expected to exceed          respondents said that they do not
    the US in terms of Internet population.       intend to make online purchases. –
                                                  Source: Trak.in
Revenue Model
   Currently – SaaS fee from Business for
    EveryCrave Kiosk. (Deeper engagements for
    customization)
   Branding and Transaction charges
DE-RISK – „Protecting the
Downside‟
   Customer Acquisition                                          High Inventory, Poor
                               High Churn, Low Loyalty
         Costs                                                      Supply chain
• Industry Avg: Rs 500-      • Charter memberships –          • Presently most sites are
  1500 per customer            First step profitability per    horizontal, serves
• Lower costs by increased     user approach.                  everyone, inventory
  virality by giving         • Average visitor spends 8        based. No engagement
  incentives for users to      mins on the site per            with customer, to repeat.
  sign up                      visit, and visits 10 pages.    • EveryCrave is also a
• others(100% referral       • Increased engagement-           Horizontal site based on
  commission for charter       >Increased purchases            made to order/just in time
  membership)                • Increased loyalty by            purchasing instead of
• Direct marketing in          endorsing offers and            made to stock/buy to
  colleges underway. Very      profile.                        stock models
  warm response.             • Digital Marketing              • EveryCrave is focused
• EveryCrave app also          relationships through           on building targeted
  built on Facebook.           Blog, Mailing lists and         relationships with
  Windows 8 Phone app          offline                         customers using
                                                               technology which ensure
  launching soon.            • connects excluding
                                                               repeat purchase.
• Reduces customer             Facebook, and twitter
  acquisition costs            promotions
  significantly
Competition and Distancing
                 • www.flipkart.com, www.snapdeal.com, www.groupon.co

Deal sites and     m, www.jabong.com
                 • Multiple deals and increased consumer engagement,
                   relevance and informed purchasing over „get lucky‟
marketplaces       approach
                 • Community intelligence into buying process
                 • Ability to refer offer and earn cash.


                 • www.justdial.com, www.sulekha.com
   Online        • Higher engagement and micro-level relevance. Also
                   commerce centric with offers letting users directly
                   purchase, over just connect with providers.
 classifieds

                 • Consumer Centric as opposed to Seller Centric
                 • www.refer.ly and www.instamojo.com
Referral sites   • EveryCrave Power Profile where users can share
                   content like they share on Facebook on Twitter, and
                   also get paid for their content and contribution.
Team

        Jagat
                           Chandni
Chief Sadhaka/ Hustler
                         Designer/Ops




         Sai                Akash
Co- hacker/                Co- hacker
Communitu
Manager
Looking for partners to grow
  together!




Contact : jagat@everycrave.me   Thank you!

Mais conteúdo relacionado

Mais procurados

ClickitDIgital_smalbany
ClickitDIgital_smalbanyClickitDIgital_smalbany
ClickitDIgital_smalbanyLiberteks
 
Brand Management on Brand Flipkart
Brand Management on Brand FlipkartBrand Management on Brand Flipkart
Brand Management on Brand FlipkartAnie Noorish Shaikh
 
MobiTree FTMA Conference 2012: Mobile Marketing & Rules to Stay Ahead of The ...
MobiTree FTMA Conference 2012: Mobile Marketing & Rules to Stay Ahead of The ...MobiTree FTMA Conference 2012: Mobile Marketing & Rules to Stay Ahead of The ...
MobiTree FTMA Conference 2012: Mobile Marketing & Rules to Stay Ahead of The ...MobiTree, LLC.
 
Infibeam case retail
Infibeam case retailInfibeam case retail
Infibeam case retailPuneet Arora
 
Mobile Shopping Fall 2012 Conference Agenda
Mobile Shopping Fall 2012 Conference AgendaMobile Shopping Fall 2012 Conference Agenda
Mobile Shopping Fall 2012 Conference AgendaAmanda Aslan
 
Infibeam section c_group c12 - copy
Infibeam section c_group c12 - copyInfibeam section c_group c12 - copy
Infibeam section c_group c12 - copyNakul Gulati
 
MobiWeb Presentation
MobiWeb PresentationMobiWeb Presentation
MobiWeb Presentationskosloff
 
E-Business in the Airline Ticketing Industry (E-Business)
E-Business in the Airline Ticketing Industry (E-Business)E-Business in the Airline Ticketing Industry (E-Business)
E-Business in the Airline Ticketing Industry (E-Business)Shabbir Akhtar
 
Directi Case Study Contest 2010- IIM Shillong Ajax
Directi Case Study Contest 2010- IIM Shillong Ajax Directi Case Study Contest 2010- IIM Shillong Ajax
Directi Case Study Contest 2010- IIM Shillong Ajax Directi Group
 
Biz bol presentation_ Comprehensive Study
Biz bol presentation_ Comprehensive StudyBiz bol presentation_ Comprehensive Study
Biz bol presentation_ Comprehensive StudyJ Prakash
 
Maximising Affiliate Revenue In A Digital Age Final
Maximising Affiliate Revenue In A Digital Age FinalMaximising Affiliate Revenue In A Digital Age Final
Maximising Affiliate Revenue In A Digital Age Finalauexpo Conference
 

Mais procurados (20)

ClickitDIgital_smalbany
ClickitDIgital_smalbanyClickitDIgital_smalbany
ClickitDIgital_smalbany
 
Mobile Marketing Intro-Flagstaff_Chamber_Cafe-Mar2012
Mobile Marketing Intro-Flagstaff_Chamber_Cafe-Mar2012Mobile Marketing Intro-Flagstaff_Chamber_Cafe-Mar2012
Mobile Marketing Intro-Flagstaff_Chamber_Cafe-Mar2012
 
Ecommproject
EcommprojectEcommproject
Ecommproject
 
Brand Management on Brand Flipkart
Brand Management on Brand FlipkartBrand Management on Brand Flipkart
Brand Management on Brand Flipkart
 
MobiTree FTMA Conference 2012: Mobile Marketing & Rules to Stay Ahead of The ...
MobiTree FTMA Conference 2012: Mobile Marketing & Rules to Stay Ahead of The ...MobiTree FTMA Conference 2012: Mobile Marketing & Rules to Stay Ahead of The ...
MobiTree FTMA Conference 2012: Mobile Marketing & Rules to Stay Ahead of The ...
 
Infibeam case retail
Infibeam case retailInfibeam case retail
Infibeam case retail
 
Flipkart vs Amazon
Flipkart vs AmazonFlipkart vs Amazon
Flipkart vs Amazon
 
Mobile Shopping Fall 2012 Conference Agenda
Mobile Shopping Fall 2012 Conference AgendaMobile Shopping Fall 2012 Conference Agenda
Mobile Shopping Fall 2012 Conference Agenda
 
Infibeam section c_group c12 - copy
Infibeam section c_group c12 - copyInfibeam section c_group c12 - copy
Infibeam section c_group c12 - copy
 
Service marketing
Service marketingService marketing
Service marketing
 
Mobile Payments V7
Mobile Payments V7Mobile Payments V7
Mobile Payments V7
 
MobiWeb Presentation
MobiWeb PresentationMobiWeb Presentation
MobiWeb Presentation
 
'Creating the Buzz'
'Creating the Buzz''Creating the Buzz'
'Creating the Buzz'
 
E-Business in the Airline Ticketing Industry (E-Business)
E-Business in the Airline Ticketing Industry (E-Business)E-Business in the Airline Ticketing Industry (E-Business)
E-Business in the Airline Ticketing Industry (E-Business)
 
hubbeez
hubbeezhubbeez
hubbeez
 
Bigbasket cs 1
Bigbasket cs 1Bigbasket cs 1
Bigbasket cs 1
 
Directi Case Study Contest 2010- IIM Shillong Ajax
Directi Case Study Contest 2010- IIM Shillong Ajax Directi Case Study Contest 2010- IIM Shillong Ajax
Directi Case Study Contest 2010- IIM Shillong Ajax
 
Biz bol presentation_ Comprehensive Study
Biz bol presentation_ Comprehensive StudyBiz bol presentation_ Comprehensive Study
Biz bol presentation_ Comprehensive Study
 
Maximising Affiliate Revenue In A Digital Age Final
Maximising Affiliate Revenue In A Digital Age FinalMaximising Affiliate Revenue In A Digital Age Final
Maximising Affiliate Revenue In A Digital Age Final
 
Flipkart
FlipkartFlipkart
Flipkart
 

Destaque

Media pengiklanan
Media pengiklananMedia pengiklanan
Media pengiklanancikguchacha
 
7 best practices_for_push_messaging
7 best practices_for_push_messaging7 best practices_for_push_messaging
7 best practices_for_push_messagingZeno Idzerda
 
Presentation1 scribd
Presentation1 scribdPresentation1 scribd
Presentation1 scribdcikguchacha
 
Hpesp wp esg_research-security_mgmtandoperations
Hpesp wp esg_research-security_mgmtandoperationsHpesp wp esg_research-security_mgmtandoperations
Hpesp wp esg_research-security_mgmtandoperationsZeno Idzerda
 
V econgpres4 mpp972000
V econgpres4 mpp972000V econgpres4 mpp972000
V econgpres4 mpp972000brunotrova
 
Abrazivni vodeni mlaz1
Abrazivni vodeni mlaz1Abrazivni vodeni mlaz1
Abrazivni vodeni mlaz1sasa_88
 
Traficking (3) copy - copy
Traficking (3)   copy - copyTraficking (3)   copy - copy
Traficking (3) copy - copyMarron69
 
Indiegogo - Fund What Matters; US Institute of Peace
Indiegogo - Fund What Matters; US Institute of PeaceIndiegogo - Fund What Matters; US Institute of Peace
Indiegogo - Fund What Matters; US Institute of PeaceDanae Ringelmann
 
Hpesp wp ponemon_costofcybercrimestudy2012_unitedstates(1)
Hpesp wp ponemon_costofcybercrimestudy2012_unitedstates(1)Hpesp wp ponemon_costofcybercrimestudy2012_unitedstates(1)
Hpesp wp ponemon_costofcybercrimestudy2012_unitedstates(1)Zeno Idzerda
 
Virtualization terminology
Virtualization terminologyVirtualization terminology
Virtualization terminologyZeno Idzerda
 
Surat pernyataan
Surat pernyataanSurat pernyataan
Surat pernyataanivanmulyana
 

Destaque (14)

Dallin h oaks3
Dallin h oaks3Dallin h oaks3
Dallin h oaks3
 
Solid waste management
Solid waste managementSolid waste management
Solid waste management
 
Media pengiklanan
Media pengiklananMedia pengiklanan
Media pengiklanan
 
Cloud primer
Cloud primerCloud primer
Cloud primer
 
7 best practices_for_push_messaging
7 best practices_for_push_messaging7 best practices_for_push_messaging
7 best practices_for_push_messaging
 
Presentation1 scribd
Presentation1 scribdPresentation1 scribd
Presentation1 scribd
 
Hpesp wp esg_research-security_mgmtandoperations
Hpesp wp esg_research-security_mgmtandoperationsHpesp wp esg_research-security_mgmtandoperations
Hpesp wp esg_research-security_mgmtandoperations
 
V econgpres4 mpp972000
V econgpres4 mpp972000V econgpres4 mpp972000
V econgpres4 mpp972000
 
Abrazivni vodeni mlaz1
Abrazivni vodeni mlaz1Abrazivni vodeni mlaz1
Abrazivni vodeni mlaz1
 
Traficking (3) copy - copy
Traficking (3)   copy - copyTraficking (3)   copy - copy
Traficking (3) copy - copy
 
Indiegogo - Fund What Matters; US Institute of Peace
Indiegogo - Fund What Matters; US Institute of PeaceIndiegogo - Fund What Matters; US Institute of Peace
Indiegogo - Fund What Matters; US Institute of Peace
 
Hpesp wp ponemon_costofcybercrimestudy2012_unitedstates(1)
Hpesp wp ponemon_costofcybercrimestudy2012_unitedstates(1)Hpesp wp ponemon_costofcybercrimestudy2012_unitedstates(1)
Hpesp wp ponemon_costofcybercrimestudy2012_unitedstates(1)
 
Virtualization terminology
Virtualization terminologyVirtualization terminology
Virtualization terminology
 
Surat pernyataan
Surat pernyataanSurat pernyataan
Surat pernyataan
 

Semelhante a Every crave presentation

The Power of SEO - Nordic eMarketing
The Power of SEO - Nordic eMarketingThe Power of SEO - Nordic eMarketing
The Power of SEO - Nordic eMarketingSMFB ENGINE
 
Building Great Customer Experiences Across Multiple Touch Points
Building Great Customer Experiences Across Multiple Touch PointsBuilding Great Customer Experiences Across Multiple Touch Points
Building Great Customer Experiences Across Multiple Touch PointsiQmetrixCorp
 
Consumer Behaviour in Indian Market
Consumer Behaviour in Indian MarketConsumer Behaviour in Indian Market
Consumer Behaviour in Indian MarketGaurav Gattani
 
Marketing in 2013 customer conversations using social media slideshare versi...
Marketing in 2013 customer conversations using social media  slideshare versi...Marketing in 2013 customer conversations using social media  slideshare versi...
Marketing in 2013 customer conversations using social media slideshare versi...Creative Business Consulting Group
 
Trends in eCommerce in India - Powered by Hoppingo.com
Trends in eCommerce in India - Powered by Hoppingo.comTrends in eCommerce in India - Powered by Hoppingo.com
Trends in eCommerce in India - Powered by Hoppingo.comHoppingo
 
Workshop on create slides 17.07.14.pptx (2)
Workshop on create slides 17.07.14.pptx (2)Workshop on create slides 17.07.14.pptx (2)
Workshop on create slides 17.07.14.pptx (2)Ernact Create
 
flip-kart case study and SWAT analysis after merge Walmart
flip-kart case study and SWAT analysis after merge Walmart flip-kart case study and SWAT analysis after merge Walmart
flip-kart case study and SWAT analysis after merge Walmart AnubhavMishra70
 
Deep dive into ecommerce by GBG Mumbai - Sep 20th 2014
Deep dive into ecommerce  by  GBG Mumbai - Sep 20th 2014Deep dive into ecommerce  by  GBG Mumbai - Sep 20th 2014
Deep dive into ecommerce by GBG Mumbai - Sep 20th 2014GBG Mumbai
 
Dispatchdigitalseminaraug2014 140828034617-phpapp01
Dispatchdigitalseminaraug2014 140828034617-phpapp01Dispatchdigitalseminaraug2014 140828034617-phpapp01
Dispatchdigitalseminaraug2014 140828034617-phpapp01Laurie Allen, MBA
 
Creating a Great Customer Experience Any Place with Tara and Anne
Creating a Great Customer Experience Any Place with Tara and AnneCreating a Great Customer Experience Any Place with Tara and Anne
Creating a Great Customer Experience Any Place with Tara and AnneiQmetrixCorp
 
Successful online selling - Strategies for Offline Brands and Retailers
Successful online selling - Strategies for Offline Brands and RetailersSuccessful online selling - Strategies for Offline Brands and Retailers
Successful online selling - Strategies for Offline Brands and RetailersRajiv Prakash
 
Flipkart : Strategies for an Industry Top-dog in the E-commerce space
Flipkart : Strategies for an Industry Top-dog in the E-commerce space Flipkart : Strategies for an Industry Top-dog in the E-commerce space
Flipkart : Strategies for an Industry Top-dog in the E-commerce space Suhasini Jain
 
Guarantee Digital Seminar for Delafield Chamber June 2014
Guarantee Digital Seminar for Delafield Chamber June 2014Guarantee Digital Seminar for Delafield Chamber June 2014
Guarantee Digital Seminar for Delafield Chamber June 2014Guarantee Digital
 
Mobile engagementstrategy
Mobile engagementstrategyMobile engagementstrategy
Mobile engagementstrategyenterprisehead
 
Why your business needs a mobile app
Why your business needs a mobile appWhy your business needs a mobile app
Why your business needs a mobile appPaperlit
 
Stepping Up To Consumer Expectations: The Imperative For Customer-Centric Mar...
Stepping Up To Consumer Expectations: The Imperative For Customer-Centric Mar...Stepping Up To Consumer Expectations: The Imperative For Customer-Centric Mar...
Stepping Up To Consumer Expectations: The Imperative For Customer-Centric Mar...G3 Communications
 

Semelhante a Every crave presentation (20)

The Power of SEO - Nordic eMarketing
The Power of SEO - Nordic eMarketingThe Power of SEO - Nordic eMarketing
The Power of SEO - Nordic eMarketing
 
Building Great Customer Experiences Across Multiple Touch Points
Building Great Customer Experiences Across Multiple Touch PointsBuilding Great Customer Experiences Across Multiple Touch Points
Building Great Customer Experiences Across Multiple Touch Points
 
Reach toledo seminar
Reach toledo seminarReach toledo seminar
Reach toledo seminar
 
Consumer Behaviour in Indian Market
Consumer Behaviour in Indian MarketConsumer Behaviour in Indian Market
Consumer Behaviour in Indian Market
 
Marketing in 2013 customer conversations using social media slideshare versi...
Marketing in 2013 customer conversations using social media  slideshare versi...Marketing in 2013 customer conversations using social media  slideshare versi...
Marketing in 2013 customer conversations using social media slideshare versi...
 
E-commerce for retailers
E-commerce for retailersE-commerce for retailers
E-commerce for retailers
 
Trends in eCommerce in India - Powered by Hoppingo.com
Trends in eCommerce in India - Powered by Hoppingo.comTrends in eCommerce in India - Powered by Hoppingo.com
Trends in eCommerce in India - Powered by Hoppingo.com
 
Affiliate Marketing
Affiliate MarketingAffiliate Marketing
Affiliate Marketing
 
Workshop on create slides 17.07.14.pptx (2)
Workshop on create slides 17.07.14.pptx (2)Workshop on create slides 17.07.14.pptx (2)
Workshop on create slides 17.07.14.pptx (2)
 
flip-kart case study and SWAT analysis after merge Walmart
flip-kart case study and SWAT analysis after merge Walmart flip-kart case study and SWAT analysis after merge Walmart
flip-kart case study and SWAT analysis after merge Walmart
 
Deep dive into ecommerce by GBG Mumbai - Sep 20th 2014
Deep dive into ecommerce  by  GBG Mumbai - Sep 20th 2014Deep dive into ecommerce  by  GBG Mumbai - Sep 20th 2014
Deep dive into ecommerce by GBG Mumbai - Sep 20th 2014
 
Dispatchdigitalseminaraug2014 140828034617-phpapp01
Dispatchdigitalseminaraug2014 140828034617-phpapp01Dispatchdigitalseminaraug2014 140828034617-phpapp01
Dispatchdigitalseminaraug2014 140828034617-phpapp01
 
Creating a Great Customer Experience Any Place with Tara and Anne
Creating a Great Customer Experience Any Place with Tara and AnneCreating a Great Customer Experience Any Place with Tara and Anne
Creating a Great Customer Experience Any Place with Tara and Anne
 
Successful online selling - Strategies for Offline Brands and Retailers
Successful online selling - Strategies for Offline Brands and RetailersSuccessful online selling - Strategies for Offline Brands and Retailers
Successful online selling - Strategies for Offline Brands and Retailers
 
Flipkart : Strategies for an Industry Top-dog in the E-commerce space
Flipkart : Strategies for an Industry Top-dog in the E-commerce space Flipkart : Strategies for an Industry Top-dog in the E-commerce space
Flipkart : Strategies for an Industry Top-dog in the E-commerce space
 
Guarantee Digital Seminar for Delafield Chamber June 2014
Guarantee Digital Seminar for Delafield Chamber June 2014Guarantee Digital Seminar for Delafield Chamber June 2014
Guarantee Digital Seminar for Delafield Chamber June 2014
 
Scalable. Digital. Success.
Scalable. Digital. Success.Scalable. Digital. Success.
Scalable. Digital. Success.
 
Mobile engagementstrategy
Mobile engagementstrategyMobile engagementstrategy
Mobile engagementstrategy
 
Why your business needs a mobile app
Why your business needs a mobile appWhy your business needs a mobile app
Why your business needs a mobile app
 
Stepping Up To Consumer Expectations: The Imperative For Customer-Centric Mar...
Stepping Up To Consumer Expectations: The Imperative For Customer-Centric Mar...Stepping Up To Consumer Expectations: The Imperative For Customer-Centric Mar...
Stepping Up To Consumer Expectations: The Imperative For Customer-Centric Mar...
 

Every crave presentation

  • 1.
  • 2. Visit www.everycrave.me  Available via Web, Facebook app, Windows 8 and Android.  Currently on 5th release  EveryCrave Webteck Pvt. Ltd. – Founded October 2010. Incorporated in March 2012  Based out of Bangalore, India  Nearly 100 registered businesses in Bangalore catering to over 600 needs across 5 sectors – F&B, Clothing, Consumer Products, Consumer Services and Lifestyle related
  • 3. Powered by Top Brands and many more…
  • 4. Our Mantra – „Why do we exist?‟  To help online consumers get what they need by pressing a button.
  • 5. Status of the Online Consumer  <1% of Indian retail consumers currently shop online  Why?*  Lack of awareness at time of purchase  Lack of authenticity, Delayed/Failed deliveries + Credit Card issues  Lack of incentives for users to shop online(besides Price.)  Wants to buy online! 3Cs -Convenience, Choice and Cost primary drivers  Current choices –Online marketplaces and stores, Deal sites etc, Niche ecommerce portals, generally preceded by Google! -Source: „UberIndia‟ market survey with over 15000 internet users in Ban
  • 6.
  • 7. Current online approach of Brands Content “A consumer needs all this Blog/email Newsletter information at one stop to make an informed purchase!” Online Social Store/marke Profile tplace Business Digital Presence Community Commerce & Conversations = Website Deal site Static Information Deals and Offers
  • 8. Solution  Happy User = “Get em‟ MADE and PAID !” THE „AHA‟ experience! – Press a button and get what you wan 3 STEPS TO A HAPPY USER @ EveryCrave Step 1 Step 2 Step 3 „Crave it‟ – Enter your Receive and avail a Refer offers to other needs/wants via Web RELEVANT and users and earn rewards or Mobile PERSONALIZED offer and Cash!
  • 9. Underlying Magic  „Crave- assist‟ – Users can assist other users by referring offers to them.  „Crave-suggest‟ – Users can suggest craves to relevant businesses.  „Power Profile‟ – Online profile where users share content and get paid through affiliate program  „EC Kiosk for Business‟ – Customized Storefront where brands can connect and sell to online consumers.  Benefits for Users  Smarter Purchasing Decisions  Save costs.  Earn money.
  • 10. DEMO Visit www.everycrave.me Video - Watch the Demo of our latest release for Windows 8 at http://www.youtube.com/watch?v=zdQNJE8HpMs
  • 11. TRACTION Key Businesses metrics: Key User metrics: • 1. Nearly 100 businesses • Over 1000 registered users in addressing over 300 common Bangalore. Over 600 active needs/craves in Bangalore consumers and nearly 15000 more already, including some global have asked for invites. Rolled them brands like Golds out over the new year - Part of the Gym, Sony, Baskin NEW YEAR REVOLUTION Robbins, Health and Glow etc. and campaign. numerous small businesses. • Customers across Facebook • Over 20% businesses migrating to app, Windows 8 app and Premium Kiosks, with 5% deeper android(just released) clocking engagements(upto 10000$ per user growth rate of over 80% week engagement). Pipeline created for on week. 2 new paying customers each • Web stats - Avg time per visit=8 week. mins, Pages/visit=7 and over • 3. Sectors spanning Food & 45%returning visitors Beverage, Clothing, Products, Serv ices and Lifestyle related businesses.
  • 12. Market Overview Market Analysis Market Trends • Retail In India • Personalized Offers- 80% of shoppers • $470 Bn in 2011 and is expected to in India said they want to receive grow to $675 Bn by 2016 and $850 Bn personalized offers and by 2020 - Source Wikipedia recommendations through digital channels. - Capgemini • Online Retail • Accounts for <1% Total Retail in India. • Huge eCommerce ready market • India set to grow fastest with APAC • 10 million internet users who actually region at a CAGR of over 57% buy online in India, there are about between 2012-16. 150 million internet users or around 75 million households that are 'ready' for • India e-tailing market in 2011 was ecommerce. Source: IBNLIVE about $600 Mn and expected to touch $9 Bn by 2016 and $70 Bn by 2020 – estimated CAGR of 61%. – Source: • Almost everyone intends to shop online Forrester • In average, not even 1 out of every 10 • By 2014, India is expected to exceed respondents said that they do not the US in terms of Internet population. intend to make online purchases. – Source: Trak.in
  • 13. Revenue Model  Currently – SaaS fee from Business for EveryCrave Kiosk. (Deeper engagements for customization)  Branding and Transaction charges
  • 14. DE-RISK – „Protecting the Downside‟ Customer Acquisition High Inventory, Poor High Churn, Low Loyalty Costs Supply chain • Industry Avg: Rs 500- • Charter memberships – • Presently most sites are 1500 per customer First step profitability per horizontal, serves • Lower costs by increased user approach. everyone, inventory virality by giving • Average visitor spends 8 based. No engagement incentives for users to mins on the site per with customer, to repeat. sign up visit, and visits 10 pages. • EveryCrave is also a • others(100% referral • Increased engagement- Horizontal site based on commission for charter >Increased purchases made to order/just in time membership) • Increased loyalty by purchasing instead of • Direct marketing in endorsing offers and made to stock/buy to colleges underway. Very profile. stock models warm response. • Digital Marketing • EveryCrave is focused • EveryCrave app also relationships through on building targeted built on Facebook. Blog, Mailing lists and relationships with Windows 8 Phone app offline customers using technology which ensure launching soon. • connects excluding repeat purchase. • Reduces customer Facebook, and twitter acquisition costs promotions significantly
  • 15. Competition and Distancing • www.flipkart.com, www.snapdeal.com, www.groupon.co Deal sites and m, www.jabong.com • Multiple deals and increased consumer engagement, relevance and informed purchasing over „get lucky‟ marketplaces approach • Community intelligence into buying process • Ability to refer offer and earn cash. • www.justdial.com, www.sulekha.com Online • Higher engagement and micro-level relevance. Also commerce centric with offers letting users directly purchase, over just connect with providers. classifieds • Consumer Centric as opposed to Seller Centric • www.refer.ly and www.instamojo.com Referral sites • EveryCrave Power Profile where users can share content like they share on Facebook on Twitter, and also get paid for their content and contribution.
  • 16. Team Jagat Chandni Chief Sadhaka/ Hustler Designer/Ops Sai Akash Co- hacker/ Co- hacker Communitu Manager
  • 17. Looking for partners to grow together! Contact : jagat@everycrave.me Thank you!