Investor Presentation on RewardMe.
RewardMe is a Mobile Tech that uses gaming mechanics to get customers addicted to physical stores. We take the success factor of Farmville offline.
6. Target recognized the value of aggressively acquiring,
analyzing, and most importantly, acting on their data
very early on.
Saturday, October 5,
7. RewardMe enables every offline store to do what Target
does for their customers
Saturday, October 5,
8. REWARDME.COM
WHO WE ARE
Yu-kai Chou (CEO): 6 years entrepreneur experience; Co-Founder/CEO of
Viralogy and FDCareer; Regular Lecturer/Speaker on Geolocation and
Gamification at Stanford, Google, and various VC/Entrepreneur gatherings; BA
from UCLA.
Adam Gervin (BusDev): Entrepreneur with $1 Billion in Exits. Co-Founder of
OneBox.com (sold to OpenWave ), VerdiSoft (sold to Yahoo!), Caustic Graphics
(sold to Imagination), SEVEN Networks (profitable and #2 after RIM). MD from
Stanford and BS from Yale.
Stephen Johnson (Product): 15 years of programming experience. CTO of
Viralogy and FDCareer; Lead Developer at Bunchball, a gaming mechanics
startup ($2M in revenue within 1 year with customers like NBC, P&G, Victoria’s
Secret). BA & BS from UCLA.
Jun Loayza (Marketing): Co-Founder of SocialMediaMarketing.com of SEOP.
Grew to $12M in revenue with customers like LG, Levi’s, and Activision. CMO
of Viralogy and FDCareer. Cofounder of Untemplater (sold to Financial
Samurai). Hired, trained, and managed a 25-person sales team. BA from UCLA.
Saturday, October 5,
10. REWARDME.COM
1) Sign up every guest
2) Capture detailed data (and lots of it!)
3) Without interfering with speed and business
operations
STEP 1: ACQUIRE
How?
Saturday, October 5,
11. REWARDME.COM
Collect real-time purchase data
from any Point of Sale system
Guests join with just a phone number
(Currently acquiring between 20-40% of
ALL daily guests)
STEP 1: ACQUIRE
Put iPads into stores to run their
rewards program
Saturday, October 5,
14. REWARDME.COM
Target guests based on usage filters (spend, visit
frequency)
Target guests based on demographic filters (has kids,
income > 100K)
STEP 2: ANALYZE
Saturday, October 5,
16. REWARDME.COM
Auto-Triggered Messages via
STEP 3: ACTION
1) In-Store Screen
2) Mobile SMS/Push
Based on
1) Purchase Preferences
2) Demographics
3) External Environment
Saturday, October 5,
17. RECAP
RewardMe reads receipts from ANY POS And acts in store, on the web, and on your phone
Analyzes, interprets, and prepares the data for consumption
Saturday, October 5,
20. REWARDME.COM
27.58%
of ALL purchases
(up to 51%)
116,000
Check-ins
(from 66,264 Users)
Based on 20 Stores for 7 months (120 more signed up)
Result
Saturday, October 5,
21. REWARDME.COM
27.58%
of ALL purchases
(up to 51%)
116,000
Check-ins
(from 66,264 Users)
64%
Check-ins from
Repeat Users
Based on 20 Stores for 7 months (120 more signed up)
Result
Saturday, October 5,
22. REWARDME.COM
27.58%
of ALL purchases
(up to 51%)
116,000
Check-ins
(from 66,264 Users)
64%
Check-ins from
Repeat Users
Based on 20 Stores for 7 months (120 more signed up)
Result
33%
Users Opt-in to SMS
Marketing
Saturday, October 5,
26. REWARDME.COM
5.7%
AOV difference is
provable Lift
Provable 2%
Bottom-Line
Revenue Lift
($20K/yr)
Result
RewardMe users
buy 20.5% more
Based on 20 Stores for 7 months (120 more signed up)
Saturday, October 5,
27. REWARDME.COM
66%
Revenue Lift
on day of
SMS Push
5.7%
AOV difference is
provable Lift
Provable 2%
Bottom-Line
Revenue Lift
($20K/yr)
Result
RewardMe users
buy 20.5% more
Based on 20 Stores for 7 months (120 more signed up)
Saturday, October 5,
28. REWARDME.COM
10x Better Solution
Name Users
Duration(
mo)
Locations
Users/
Location
Redeems
RewardMe 66,000 6 20 3300 10,111
Belly Card 200,000 12 1500 133 14,000
Five Stars 250,000 15 700 357 NA
Compared to “the best” in the market
Saturday, October 5,
36. REWARDME.COM
Business Model
Stores pay for
hardware (and
installation)
Monthly Service
Fee per location
(feature-based)
SoLoMo
Targeting
Mobile Purchase
Commissions
Saturday, October 5,
53. REWARDME.COM
Series A Funding
• 2012: Raise $5M to scale up business
• 24 months runway
• Spending Plan:
Marketing/Bizdev: $2,000K
Tech/Infrastructure: $1,700K
Account Management: $800K
General/Admin: $500K
Saturday, October 5,
54. Mooyah loves
RewardMe!
and we know you will too
Yu-kai Chou
714.273.7088
Yukai@RewardMe.com
1. HUGE Market
2. Experienced/Successful Team
3. Product Leadership
4. Success in Enterprise sales
Summary
Saturday, October 5,