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Gift Professor helps you find relevant gift ideas from 1000's of your favorite merchants when you have no idea what you are looking for in two minutes.
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GiftProfessor.com®
Advanced Gift Discovery
What is it?
• eHarmony for Gift Giving • Helps you create a large
assortment of relevant gift ideas in two minutes.
• Just answer 10 questions.• Ideas culled from 1000s of
merchants’ best products. • Perfectly matched to your
recipient’s attributes. • Target: mobile savvy, working
women, or really anyone.www.giftprofessor.com
Imaginea store designed just for your recipient
• .
We asked:
What would be a significant improvement over old fashioned browsing & new fashion
assumptive click stream analysis?
-- Time Savings, for one --
Gift Shopping Can Take Hours
Will I overlook something?
Will it deliver the right message?
Can I avoid an awkward let-down?
The Main Problem…
-- Abundance --
Millions of:products
catalogs
big box retailers
web sites
Prevailing Solutions
• Sacrifice lots of timeTrudge the mall
• Take a short cutAsk them what they want
InsteadWe just ask:
“What are the characteristics of
the person you’re shopping for?”
Interests
Occupation
Personal style
Personality traits
Relationship aspects
combinations of the above
Responses are matched to a massive catalog:
“the best of the best “
from 1000s of merchants.
An Intelligent Website
• An efficiency tool – a time hack - 100,000 > 300 > 3
• Algorithms calculate relational & multiple aspects.
• 700 product categories accommodate any recipient’s interests or attributes.
• Efficient catalog building with predictive product finding software.
• Human product attribute assignment for accuracy.
• Responsive Design (same experience on all screens).
Patent Pending
Recipient With A Calm Demeanor
Notsogood
A very nice match
Calypso Steel Drum
UDON Noodle Bowl
Team
D. Wilhelmi Senior Developer
J. Dawson CS PhD Candidate
D. BrownPlatform Dev
B. DevineCreative Director
C. BeckProduct Manager
Tony SchmidtFounder
Team of Social Psychology Doctoral Candidates, not pictured
Key Milestones
Fully Functioning Gift Professor – In house catalog & matching system, auto responder email ,CRM, affiliate platform
Product Platform – 1000+ merchant management, product attribute assignment, automatic data feeds, expansion potential
Mobile – Responsive Design with one code base, serving both point & click and touch screens. (URL & APP)
Product Presentation – Infinite scroll thumbnails, light box data expanders, expandable tips in product containers, merchant fulfillment
Survey – Patent pending Q&A process producing highly relevant results
Results – 300-500 products that match your recipient
Stores – Save gift ideas for later (drag and drop ) for each recipient
Sticky – Return visitors: saved results, updates & occasion reminders
The Gift Market $50-75B
10% of our retail economy is gifts $350B
15% of that is online $50B
In 2017 gifts could hit $380B
If 2017 online gift buying reaches 20%, that translates to $75B
Source: U.S. Dept of Economic Development and Internet Retailer Magazine
Projected U.S. Online Shoppers• US mobile shoppers are growing 50% a year
– 80 million now > 175 million in 2016
• 100 million consumers using tablets by 2016 – Mobile sales: tablets 2/3s
smart phones 1/3
• US online shoppers are only growing 4% a year
– 191 million today > 206 million by 2016
Source: Internet Retailer Magazine
Gift Professor’s Holiday Traction Test
101,000 unique visitors
16,000 signed up and completed a survey
29,000 merchant clicks
We asked: What would make an ideal gift service?
Men Said Women SaidExpertly Chosen Gifts Time Savings
Unique Gifts Unique Gifts
Wide Inventory Wide Inventory
Time Savings Expertly Chosen Gifts
Price Price
User Survey
1st Target: Affluent Customers
20 gift purchases annually - $3355
• The upper 20% of Christmas Holiday Shoppers spend $1780 annually
- an average of $191 per gift on 9.3 people
• Another 10.5 family gift giving occasions average $150 each, or: $1575 annually
Valentines Day x1Anniversary x1Mother’s/Father’s Day x3Birthdays x5.5
* Unity Marketing – Affluent Customers
Affiliate Business Model assuming 1 product sale per conversion
Year 1 2 3 4 5
Uniques/Mo 150K 300K 600K 1.2M 2.5M
Uniques /Yr 1.8M 3.6M 7.2M 14.4M 30M
20% Conversions 360K 720K 1.4M 2.9M 6M
10% Rev ($20 ave.) 9M 18M 35M 72M 120M
Exp (000s) 2M 4M 6M 8M 10M
EBITDA (000s) 7M 14M 29M 64M 110M
A Disruptive Wave
• Facebook bought Karma for $80M
• eBay bought Hunch.com for $81M
• Hearst bought Kaboodle for $56M
• Nordstrom has partnered with Wantful.com
• Liberty Media took Gifts.com from IACI
• Personalization is the future of gift shopping
These guys use click stream analysis, social clues, or persona based buckets
We Use Intelligent Commerce
The user has the steering wheel
Protecting consumer privacy
It’s a highly profitable growth platform
Aggregating and mediating merchants
Carving a central role in gift commerce
We seek a $2 million seed round for 25% of the company
for:
• Comparison engine
• Customer acquisition
• Scale
• Viral• Expand the catalog
• Secret initiatives
Gift Giving One of the 5 Languages of Love
Gift Professor Tony Schmidt – FounderSilicon Valley [email protected] 785-766-1097
An overlooked market
• Let’s revolutionize gift discovery.
• Join us!
• We can ramp this thing up and help people.
Tony Schmidt
Gift Professor
785-766-1097