Corporate Presentation Virtual Next

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Information about Corporate Presentation Virtual Next
Technology

Published on July 24, 2014

Author: fortuneprosumer

Source: slideshare.net

Description

App loyalty & payment solution for restaurants and retailers

APP FREE MOBILE LOYALTY SIMPLE TO USE LOYALTY SOLUTION FOR RESTAURANT AND RETAILERS 1-877-894-7631 www.virtualnext.com info@virtualnext.com

PROBLEM Mobile Loyalty apps are not creating loyalty +2K Mobile loyalty apps +90% Deleted +70%of your apps have weekly engagement

 No app to download  Native Wallet OUR SOLUTION Loyalty Promotion Payment App free mobile solutions platform

RESULT Currently Rolling Out Clients: Over 1,000 transactions worth ~$10K so far Featured In “this will be a game changer for us in terms of ease of payment and customer experience” John Lanni, Currito Founder & COO

MEET OUR CLIENTS Their pain: Needed a mobile loyalty & promotions solution but knew apps don’t work Did not want an app Looked at many solutions All of them needed the user to download apps

TECHNOLOGY Virtual Next Platform Native Wallet Branded Digital Card Merchant User data manage Transaction data manage Loyalty promotions Transaction

BUSIENSS MODEL BUSINESS MODEL 2Year SaaS - $99 per location per 2 terminals Annual Client Revenue $60 K (~50 locations) Average CAC $8.5 K (~50 locations) Target 8.2 million locations, $10 B market

INDUSTRY Virtual Physical Aggregated Branded Level Up Square Wallet Custom Apps Punch card Gift cards

GO TO MARKET Direct Sales Inbound Marketing Partnerships Tradeshows - 2,000 chains - $20/ hr cost - 2,000 / month - Webinar / Email / Blogs / Press Release - Payment Processor & POS providers - Revenue Share - NRA Show - CRFA Show - $20,000 / year

FOUNDING TEAM BIJAN SHAHROKHI TEAM LEAD • Serial entrepreneur • Previously ecommerce Manager at Best Buy • Deep industry knowledge • Electrical Engineer & MBA ELLIOTT ATKINS VP BUSINESS DEVELOPMENT • Serial entrepreneur • Seasoned sales executive with over 25 years of experience ANDY LAI TECHNICAL DIRECTOR • Serial tech entrepreneur • Developing enterprise solutions for more than 10 years

FINANCIAL FORECAST LocationsinThousands Revenue,ProfitinMillions Sales Profit Locations

May 13 Nov 13 July 14 Apr 14 Dec 14 May 15 +$200K grants, Mars / DMZ Product launch 3 chains, +200 locations Pipeline: 20 chains, EEP funding, Raise $500K New hires, 200 trans / mo / loc 1,000 locations, 500 trans / mo / loc 1,500 locations STATUS AND MILESTONES

INVESTMENT OPPORTUNITY $500K seed fund, 18 months run-way Use of funds: • Business Development & Marketing • Product Development End of Round Objective: • 1,500 locations with revenue • 500 transactions per location per month

NEXT… APPENDICES

HOW IT WORKS-USER Sign up Add card to phone Pay with phone Earn rewards

MERCHANT ONBOARDING Roll out POS INTEGRATION DemoDiscovery

COMPETITIVE LANDSCAPE } Custom Development (Theatres, Retailers, Events, Airlines, etc) Scalable Complete Solution (Retailers & Restaurants)

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