bidzbee: đấu giá online
TRANSCRIPT
93%Of Businesses
approached have saidthey would use BidzBee
OfCustomersAge 18-35
96%Have said they
would tryBidzBee
14% Surveyed Said They Were Contentwith their e-Commerce options
http://www.bidzbee.com/kh7843osaacutet.html
Why is EveryoneJumping Ship?
OUTDATED PLATFORMS
NOT NICHE FOCUSED
BORING - NON SOCIAL
Why BidzBee?
Instant Auctions
Fast - Fun - Social
Local Knowledge
AUI THAT CREATES
BUZZ
WHYBidzBee inVietnam?
Facebook groups with over 150,000ACTIVE members participating in rapid
auctions because of a lack of a properplatform
Consumer culturethat craves a fast
paced, social,bargainingexperience.
https://www.facebook.com/groups/ChoSinhVienMienPhi/835477383249004/?notif_t=group_activity¬if_id=1463674404057116
If they're already using this...
133,000 Active Members
In These 4 GroupsAlone
Why not give them this?
10% Comission
the
alpha
the
Beta10% Comission Fee Per
Scheduled Item
Revenue
$3.5B
Sold in 2014 in theBidzBee Niche
(Entire Vietnam)
$1.3B
Sold in 2014 inthe BidzBee
Niche (Saigon)
$1.3M(0.1%)
@ 10%Commission
=
$130,000
+
$75,0000.14 fee per item
=$205,000
Commission and Fee RateApproved by 99% of people
Surveyed
Source: moit.gov.vn2014
0.1% capture of niche market
GO TOMarket
Public Relations, SearchEngine Marketing,
Social & Display Ads, SearchEngine Marketing Email
Exclusive Accessto Public, Private,
Academic,Sporting,
Commerical &Charitable Events
Publications,Flyers,
Advertisements,Social Branding,Modern Media
14 hour days oryour just here to
play
Markets, Stalls,Stores, Schools,Malls, Outlets,
Clubs, Gatherings
Stage 1Acquisition
Aggressivelytarget current
groups and theiradmins.
Direct marketingat every major
and minor event.
Piggy Backawareness through
our massiveNetwork.
Deliveryfor Vietnam
What we look for in Delivery partners
-Working knowledge of the local market
-E-commerce delivery experience
-5 Star Customer Satisfaction
-People that click with the BidzBee Platform
April 2016
March 2016
May 2016
Q3 2016
Q4 2017 - Q1 2017
7:40Contacted over 100 Vendors to establishinterest
Polled over 50 Customers to gauge interest Built Information Page
Started looking for MentorshipAttended 1337 preaccelerator in Saigon Invested $100 in Materials, Web, Mock Up,
Professional Consultation/Validation
Experienced platform idea Began Market Research in Vietnam
Began speaking with Vendors and Customers inVietnam and Cambodia
Invested first $100 in exploring the idea andconcept
Contacted over 50 Vendors to establish interestPolled over 50 Customers to gauge interest
(Data, Market Research, Events)
Caravan Charity Networking Trip with BidzBeeInvested $100 in Validation andCustomer/Vendor confirmation
Polled over 100 Customers to gauge interest Contacted over 150 Vendors to establish interest
Attended 1337 accelerator in SaigonPitch Deck New Mock UpsInvested $200 in Tech Build
(Prototype is in production slated for end of may)
Alpha Launch in JuneBegin aggressive Vendor campaign
Market at events, Online Optimization ADPost Alpha to begin aggresive Customer campagin
Work out kinksFirst revenue to come in
Total Investment to Date: $500 USD
Traction?
https://www.facebook.com/groups/350844178453995/?ref=br_rshttps://www.facebook.com/groups/350844178453995/?ref=br_rshttps://www.facebook.com/groups/750867524984537/?ref=br_rs
https://www.facebook.com/groups/1715371468746601/https://www.facebook.com/groups/1112780615399352/https://www.facebook.com/groups/118849838452700/https://www.facebook.com/groups/1562757870713305/https://www.facebook.com/groups/174973706217967/
https://www.facebook.com/groups/daugiabatlua/https://www.facebook.com/groups/657082087765283/https://www.facebook.com/groups/823093551105980/
Sample https://www.facebook.com/groups/350844178453995
14 auctions per hour average @160,000VND Average winning bidduring low traffic time (123am)
Average Sale @ 160,000VND x 14auctions = 2,240,00Vnd/Hour x 24 hours x 365 days in a year =
19,622,400.000VND per year from1 of over a dozen identical groups.
Conservative capture of15% of group. 15% of thegroup at 10% commission=294,336,000VND/Year
Factor in the base rate feeon each auction (3000vnd)
55,118,000vnd/year
349,524,000VND/Year/ProfitFrom 15% capture of a singlegroup of over a dozen on anidentical but inferior platform.
Money Magic
http://saigoneer.com/saigon-technology/1559-infographic-key-statistics-on-vietnam-s-internet-population
https://www.statista.com/outlook/243/127/ecommerce/vietnam
http://www.vecita.gov.vn/trangtin/41/ABOUT-US/en
http://www.vecita.gov.vn/ChuyenMuc/43/NEWS&lang=en
http://www.moit.gov.vn/en/News/802/vietnam-e-commerce-report-2014.aspx