GROUP BUYING

iWish.com

Introduction

Group of graduate students at Carleton university Yi Qu With the assistance of

Jainal Chisty Laleh Rezaie Adl Chulaka Ailapperuma

Looking for Start-up funding

Overview

Online group buying site Bring together multiple buyers with the best supplier

Many online shopping sites but; Buyers are not aware of each other Quality not guaranteed Convenient but not certain of getting the best deal

Our value to the customer Guaranteed savings, time and quality

Our value to the supplier Increased revenue, fast sales cycle

Market Size

Global market of on line shoppersLimited by the kinds of products offered

Will grow as new kinds of suppliers are added Growth strategy includes targeting new kinds of

buyers

Our product

Two kinds of buying modes Buyer initiated Supplier initiated

Sell products and servicesTime limited saleBuyer can state the maximum they wish to

paySupplier makes discount agreements with us

We use that information and our technology to give different buyers different discounts

Our product

Shipping Agreements with drop-ship companies

They participate in the sale Some suppliers ship themselves

Complimentary providers Integration with social networking sites such as

Facebook

Value segments and offers

Occasional buyer Uses the site for occasional deals Serviced by a transaction fee

Average volume buyer Uses the site moderately, such as a family or individuals Subscription fee

High volume buyer Uses the site for most purchases, such as a small

business Subscription fee

Institutional Buyer

Kinds of suppliers

Products High margin products High volume products Low margin but high priced products

Services Insurance Utilities

Competition

Most are traditional business to single customer

There are group buying offers sangabo.com retailsdirect.com eswarm.com letsbuyit.co.uk massbuy.com

North American market is wide open More buy-in in countries like China

Marketing and leverage

In the next year, sign up 1000 normal subscribers with minimum $100 savings per 500 executive subscribers with minimum $500 savings

per Draw in 10,000 transactional buyers who average 5%

discount

Provide $500,000 in combined increased revenue for suppliers

A key need is to attract buyers quickly for a sale Integrate with Facebook to draw in “swarms”

How do we make money

A per transaction charge on the “transactional” customers

Two levels of subscriptions Normal subscription - $100 Executive subscriptions - $500

Shipping Share in the revenues of the drop-ship companies

Team

Yi QuJainal ChistyLaleh Rezaie AdlChulaka Ailapperuma

Why we need the money

Product developmentBusiness development and market

penetrationOperations

Concluding remarks

iWish.com will bring value to customers by saving them time and money when shopping

Bring value to suppliers by increasing revenue by enabling high volume sales

Build an network of domain experts to bring diverse products and services

Create a critical mass of shoppers to bring a rapid conclusion to sales