Giftling at SydStart

Post on 20-Jan-2015

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Presenter: Rebecca Paget

Unwanted gifts, a thing of the past

Gift Buyers

1. Finding time to go shopping

2. Not knowing what to buy

3. Individual budget for gift

Gift Receivers

1. Unwanted gifts

Problem

Market Opportunity

Source: Commbank Report, 2012

Spending on Gifts (Christmas, Australia)

Solution

Giftling solves the problem- Contribute in seconds.- Rest assured you bought the right thing – the

thing they really wanted!- Higher value items through friend-funding!

Revenue Model

Traction • 1352 Visits to the site (763 Unique)• 70 Users (Gift Page Creators and Contributors)• 10 Gift Pages created• 6 Fully funded Gift Pages (Key Metric)• $195 Profit ($30 service fees + $165 affiliate)• 2 Customer focus groups held• 90 Facebook likes (real ones)• 20 Giftling avatars on Facebook!

Defensive position

We’re watching our competitors

Areas we can excel 1. Tailored solution for different market segments2. More complete service offering

Mathew VlandysRole: DeveloperStereotype: Geek

Cathy-Kim SewellRole: CreativeStereotype: Creative livewire

Steve MorlandoRole: Business (Online)Stereotype: “The numbers guy”

Rebecca Paget Role: Business (offline)Stereotype: “Networking Eficionado”

Team

Follow Us

Giftling.comGiftling.com/Kids

@TheGiftlings

www.Facebook.com/TheGiftlings

Unwanted gifts, a thing of the past

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