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What is                    ?

                                September 2012




Monday, September 3, 2012
What is Terravide?

                     Terravide is an application that supports SMBs to
                     enterprise companies and works with Salesforce
                     and other CRM tools to help sales professionals
                     to intelligently create and manage sales
                     territories with the goal to increase efficiency
                     and to maximize sales revenue.


                    ter·ri·to·ry   [ter-i-vahyd]
                    Noun
                    1. SAAS product designed to algorithmically divide territories based on optimal variables.
                    Verb (used without object)
                    2. To use Terravide to analytically divide and assess sales territories for maximum efficiency
                    and output.



                                                             www.terravide.com                                       @Sales
Monday, September 3, 2012
What is the problem?
           Inbound sales funnel                                             Territory Creation & Management                                           Sales


                Data collection             Sales Territory Analysis          Balance                   Manage                 Visualize                Sell



           Lead generation                                                                                                                           CRM (i.e.
                                                        Excel                      Excel              Data loader                None
             sources (i.e.                                                                                                                          Salesforce)
              Hoovers)
                                               Excel and pivot tables are primarily used to       Finalized territories    Depending on the         Sales teams
                       Census/NCES           integrate data into normalized tables. The data      are entered into the    territory complexity,     receive their
                                               sources are then examined for key metrics            company’s CRM          companies cobble            territory
                  CRM                                depending on the organization.              platform so the leads,   together images or        assignments
           (i.e. Salesforce)   ...                                                                    opportunities,        just use excel to     ideally though a
                                                Lastly, the resulting territories are created       accounts can be            publish and            CRM tool
            Disparate input files and          accounting for ‘balance’ - which is a critical    managed and tracked          communicate
          processes that support the         prerequisite for sales compensation planning.         by the sales force.          territories
        sales process with no sense of            Currently this is all done manually to          Currently third party
           uniformity, consistency, or        determine the “best guess” optimization with         ‘Data Loaders’ are
          reliability. Data collection is      increased opportunity for inefficiencies and         used to re-import
             critical to sales strategy                        lost revenue.                      territory ownership.
                implementation.




                          Terravide helps to solve this by addressing the following pain points:
                          • Time intensive to collect and integrate relevant data
                          • Difficult to setup this process efficiently in a growing company and time intensive
                          • Must be highly repeatable to support growing teams - teams that are doubling sales
                            force must re-create territories every time

                                                                             www.terravide.com                                                        @Sales
Monday, September 3, 2012
The Terravide Solution
           Inbound sales funnel                                           Territory Creation & Management                                         Sales


                Data collection           Sales Territory Analysis          Balance                   Manage                Visualize               Sell



           Lead generation                                                                                                                       CRM (i.e.
                                                          Data             Terravide                                                            Salesforce)
             sources (i.e.                 Salesforce                                               Salesforce            Google Maps
                                                         loader         Algorithm & App
              Hoovers)
                                                                                                                                                Sales teams
                       Census/NCES                                                                                                              receive their
                                              Terravide takes               Algorithm            Finalized territory   Terravide leverages         territory
                                              data from your         automatically creates       sets can then be
                  CRM                                                                                                    Google Maps to         assignments
           (i.e. Salesforce)                   account ables          optimum territories.          pushed into           visually display    ideally though a
                                           (Leads/Opportunity/          User can weak                Salesforce        territories, dynamic       CRM tool
                                           Accounts) and uses            territories to fit        automatically        modifications, and
                                             this to determine         needs.Users can          without the need of    visualized accounts
                                              how to equally          create multiple sets         separate data        (i.e.. Density heat
                                               partition sales       depending on different      loaders and reps              maps)
                                                 territories.        metrics (i.e. population     will have instant
                                                                          vs number of          access to their new
                                                                          universities)               territories.




                               Terravide will help to:
                               • Contribute to the organization's sales strategy (resulting in better planning efforts)
                               • Save time (resulting in cost savings)
                               • Greater sales team efficiency (resulting in increased sales)


                                                                            www.terravide.com                                                     @Sales
Monday, September 3, 2012
Product Preview
                       Easy, simple to use, and effective territory creation
                       and management system.

                                                                   Datasets allows use of
             Automatic territory                                   third party data and the
              sets are balanced                                    ability to new territories
            component values are                                        (i.e. List based
              displayed for easy                                    opportunities, census
             analysis. Users can                                            data, etc)
            easily tweak territories
               by dragging and
            dropping components
                as necessary.



           Filters allow the user to
              manipulate territory
            results to find the best                                “Balance-by” displays
                       fit.                                          total aggregate value
                                                                    for each territory. This
                                                                    value can be modified
                                                                     to fit the needs of the
                                                                       organization. For
            Map visually displays                                  example, territories can
            territories rather than                                 be equalized by “Total
                relying on lists.                                  Number of Accounts” in
           Dynamically updates as                                    a territory or by ‘Total
              territories change.                                      Opportunity Dollar
             Provides the added                                              Amount”.
               benefit of visual
               confirmation and
             appropriateness of
            each territory shape.


                                            www.terravide.com                        @Sales
Monday, September 3, 2012
Competition
                 Current competing problems exist but the vast majority of them are flawed in
                 one or several areas.
                                                                                  *




                Alternative solutions are insufficient for the SMB for the following reasons:

                              • Solutions are desktop based requiring
                                  installations and dedicated servers.
                  Desktop     •   Desktop solutions are feature bloated with
                                  unnecessary, complex, and hard to use features.

                              • Solutions live limited, or in many cases, no integration with CRM platforms (i.e.
                   CRM            Salesforce) or Marketing Automation Products (i.e. Marketo, Eloqua, etc)
                Integration •     Integration (if possible) typically allows a ‘pull’ but cannot push quality data back onto
                                  the CRM / Sales management system.

                     Price    • SMBs are priced out of Territory Creation & Management solutions. Heavy solutions,
                                  old pricing structures, and antiquated revenue models are ripe for an update.

                              • Existing legacy solutions are not flexible and cannot adequately adapt to the variety
                 Workflow          of companies who need this function.
                Integration •     Terravide is being built from the ground up to compliment and optimize the Sales
                                  Operations process to create efficiencies and to maximize revenue.

*Acquired by IBM (May 2012)                                   www.terravide.com                                          @Sales
                 
 Monday, September 3, 2012
The Team

                                     Formerly at Deloitte Consulting, PayPal, and JP Morgan with a
                                     background in both marketing strategy, operations, and process
                Lou Hong             improvement (Six Sigma Green). He has been actively involved in
                (Product)            the startup scene, previously working on a gaming recommendation
                                     site and StartupRoots, a non-profit in Silicon Valley that provides
                                     mentorship and startup opportunities to students.


                 Jeremy
                Hageman
                 (Tech)



                            military foundation (ultimate team model, mission, etc...) consulting (attacking
              David Hong    a problem), implementation (tools, process, etc..), worked in hardware/
               (Advisor)    healthcare/software/saas sales environments and totalling 10+ yrs of sales ops
                            experience




                                                      www.terravide.com                                        @Sales
Monday, September 3, 2012
Conclusion
                                                                                Summary
                 Terravide is an application that supports SMBs to enterprise companies and works with Salesforce
                 and other CRM tools to help sales professionals to intelligently create and manage sales territories
                 to increase efficiency and to maximize sales revenue.
                 Terravide targets the $400B sales industry. Ideal customers have 5 to 100 sales representatives and
                 segment their sales geographically. These companies are experiencing high growth on sales teams
                 thereby needing to re-create sales territories as sales members join.
                                             Terravide is to be the “Gmail/Mint of Sales Territory Creation and Management”.


                                                                     Product Roadmap
                            Oct/Nov 2012              Dec/Jan 2012                Feb/Mar 2013                 Apr/May 2013              Jun/Jul 2013

                         Updated              Launch/Test                                    Salesforce                    Launch
                                                                Add zip codes
                       Algorithm v2             pricing                                     Data Loading                Salesforce App

                                 Add int’l region




                   Beta Testers                             Accomplishments                                             Next Steps




                        5
                                                     • Kickoff (Jan 2012)                                  •   Updated Algorithm (v2)
                                                     • Prototype 1 (March 2012)                            •   International region expansion
                                                     • ‘Unicorn’ prototype 2 (June                         •   Include zip code granularity
                                                         2012)                                             •   Salesforce data loader
                                                     •   Public launch (August 2012)                       •   Salesforce App (for AppExchange)
                                                                                                           •   Analytic tools (i.e. Territory scoring)

                                                                                www.terravide.com                                                       @Sales
Monday, September 3, 2012
•        Company Purpose


                 1       Define the company/business in a single declarative sentence.

               Problem

                 1       Describe the pain of the customer (or the customer’s customer).

                 2       Outline how the customer addresses the issue today.

               Solution

                 1       Demonstrate your company’s value proposition to make the customer’s life better.

                 2       Show where your product physically sits.

                 3       Provide use cases.

               Why Now

                 1       Set-up the historical evolution of your category.

                 2       Define recent trends that make your solution possible.

               Market Size

                 1       Identify/profile the customer you cater to.

                 2       Calculate the TAM (top down), SAM (bottoms up) and SOM.

               Competition

                 1       List competitors

                 2       List competitive advantages

               Product

                 1       Product line-up (form factor, functionality, features, architecture, intellectual property).

                 2       Development roadmap.

               Business Model




                                                                                www.terravide.com                       @Sales
Monday, September 3, 2012

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Terravide Exec Summary

  • 1. What is ? September 2012 Monday, September 3, 2012
  • 2. What is Terravide? Terravide is an application that supports SMBs to enterprise companies and works with Salesforce and other CRM tools to help sales professionals to intelligently create and manage sales territories with the goal to increase efficiency and to maximize sales revenue. ter·ri·to·ry   [ter-i-vahyd] Noun 1. SAAS product designed to algorithmically divide territories based on optimal variables. Verb (used without object) 2. To use Terravide to analytically divide and assess sales territories for maximum efficiency and output. www.terravide.com @Sales Monday, September 3, 2012
  • 3. What is the problem? Inbound sales funnel Territory Creation & Management Sales Data collection Sales Territory Analysis Balance Manage Visualize Sell Lead generation CRM (i.e. Excel Excel Data loader None sources (i.e. Salesforce) Hoovers) Excel and pivot tables are primarily used to Finalized territories Depending on the Sales teams Census/NCES integrate data into normalized tables. The data are entered into the territory complexity, receive their sources are then examined for key metrics company’s CRM companies cobble territory CRM depending on the organization. platform so the leads, together images or assignments (i.e. Salesforce) ... opportunities, just use excel to ideally though a Lastly, the resulting territories are created accounts can be publish and CRM tool Disparate input files and accounting for ‘balance’ - which is a critical managed and tracked communicate processes that support the prerequisite for sales compensation planning. by the sales force. territories sales process with no sense of Currently this is all done manually to Currently third party uniformity, consistency, or determine the “best guess” optimization with ‘Data Loaders’ are reliability. Data collection is increased opportunity for inefficiencies and used to re-import critical to sales strategy lost revenue. territory ownership. implementation. Terravide helps to solve this by addressing the following pain points: • Time intensive to collect and integrate relevant data • Difficult to setup this process efficiently in a growing company and time intensive • Must be highly repeatable to support growing teams - teams that are doubling sales force must re-create territories every time www.terravide.com @Sales Monday, September 3, 2012
  • 4. The Terravide Solution Inbound sales funnel Territory Creation & Management Sales Data collection Sales Territory Analysis Balance Manage Visualize Sell Lead generation CRM (i.e. Data Terravide Salesforce) sources (i.e. Salesforce Salesforce Google Maps loader Algorithm & App Hoovers) Sales teams Census/NCES receive their Terravide takes Algorithm Finalized territory Terravide leverages territory data from your automatically creates sets can then be CRM Google Maps to assignments (i.e. Salesforce) account ables optimum territories. pushed into visually display ideally though a (Leads/Opportunity/ User can weak Salesforce territories, dynamic CRM tool Accounts) and uses territories to fit automatically modifications, and this to determine needs.Users can without the need of visualized accounts how to equally create multiple sets separate data (i.e.. Density heat partition sales depending on different loaders and reps maps) territories. metrics (i.e. population will have instant vs number of access to their new universities) territories. Terravide will help to: • Contribute to the organization's sales strategy (resulting in better planning efforts) • Save time (resulting in cost savings) • Greater sales team efficiency (resulting in increased sales) www.terravide.com @Sales Monday, September 3, 2012
  • 5. Product Preview Easy, simple to use, and effective territory creation and management system. Datasets allows use of Automatic territory third party data and the sets are balanced ability to new territories component values are (i.e. List based displayed for easy opportunities, census analysis. Users can data, etc) easily tweak territories by dragging and dropping components as necessary. Filters allow the user to manipulate territory results to find the best “Balance-by” displays fit. total aggregate value for each territory. This value can be modified to fit the needs of the organization. For Map visually displays example, territories can territories rather than be equalized by “Total relying on lists. Number of Accounts” in Dynamically updates as a territory or by ‘Total territories change. Opportunity Dollar Provides the added Amount”. benefit of visual confirmation and appropriateness of each territory shape. www.terravide.com @Sales Monday, September 3, 2012
  • 6. Competition Current competing problems exist but the vast majority of them are flawed in one or several areas. * Alternative solutions are insufficient for the SMB for the following reasons: • Solutions are desktop based requiring installations and dedicated servers. Desktop • Desktop solutions are feature bloated with unnecessary, complex, and hard to use features. • Solutions live limited, or in many cases, no integration with CRM platforms (i.e. CRM Salesforce) or Marketing Automation Products (i.e. Marketo, Eloqua, etc) Integration • Integration (if possible) typically allows a ‘pull’ but cannot push quality data back onto the CRM / Sales management system. Price • SMBs are priced out of Territory Creation & Management solutions. Heavy solutions, old pricing structures, and antiquated revenue models are ripe for an update. • Existing legacy solutions are not flexible and cannot adequately adapt to the variety Workflow of companies who need this function. Integration • Terravide is being built from the ground up to compliment and optimize the Sales Operations process to create efficiencies and to maximize revenue. *Acquired by IBM (May 2012) www.terravide.com @Sales   Monday, September 3, 2012
  • 7. The Team Formerly at Deloitte Consulting, PayPal, and JP Morgan with a background in both marketing strategy, operations, and process Lou Hong improvement (Six Sigma Green). He has been actively involved in (Product) the startup scene, previously working on a gaming recommendation site and StartupRoots, a non-profit in Silicon Valley that provides mentorship and startup opportunities to students. Jeremy Hageman (Tech) military foundation (ultimate team model, mission, etc...) consulting (attacking David Hong a problem), implementation (tools, process, etc..), worked in hardware/ (Advisor) healthcare/software/saas sales environments and totalling 10+ yrs of sales ops experience www.terravide.com @Sales Monday, September 3, 2012
  • 8. Conclusion Summary Terravide is an application that supports SMBs to enterprise companies and works with Salesforce and other CRM tools to help sales professionals to intelligently create and manage sales territories to increase efficiency and to maximize sales revenue. Terravide targets the $400B sales industry. Ideal customers have 5 to 100 sales representatives and segment their sales geographically. These companies are experiencing high growth on sales teams thereby needing to re-create sales territories as sales members join. Terravide is to be the “Gmail/Mint of Sales Territory Creation and Management”. Product Roadmap Oct/Nov 2012 Dec/Jan 2012 Feb/Mar 2013 Apr/May 2013 Jun/Jul 2013 Updated Launch/Test Salesforce Launch Add zip codes Algorithm v2 pricing Data Loading Salesforce App Add int’l region Beta Testers Accomplishments Next Steps 5 • Kickoff (Jan 2012) • Updated Algorithm (v2) • Prototype 1 (March 2012) • International region expansion • ‘Unicorn’ prototype 2 (June • Include zip code granularity 2012) • Salesforce data loader • Public launch (August 2012) • Salesforce App (for AppExchange) • Analytic tools (i.e. Territory scoring) www.terravide.com @Sales Monday, September 3, 2012
  • 9. Company Purpose 1 Define the company/business in a single declarative sentence. Problem 1 Describe the pain of the customer (or the customer’s customer). 2 Outline how the customer addresses the issue today. Solution 1 Demonstrate your company’s value proposition to make the customer’s life better. 2 Show where your product physically sits. 3 Provide use cases. Why Now 1 Set-up the historical evolution of your category. 2 Define recent trends that make your solution possible. Market Size 1 Identify/profile the customer you cater to. 2 Calculate the TAM (top down), SAM (bottoms up) and SOM. Competition 1 List competitors 2 List competitive advantages Product 1 Product line-up (form factor, functionality, features, architecture, intellectual property). 2 Development roadmap. Business Model www.terravide.com @Sales Monday, September 3, 2012