We're organizing the referral economy and everyone benefits: Vendor, Promoter, Customer LocalMaven.com, LLC 315 Madison Avenue – Suite 901 New York, NY 10017 646-681-6555 LocalMaven.com Founders: Arnon Rosan Sean O’Day
LocalMaven.com is a unique social referral platform connecting businesses, promoters (Mavens) and customers. Businesses design special deals and offers, Mavens promote these deals via word-of-mouth referrals and customers redeem the deals at the merchant. Businesses grow, Mavens are rewarded for successful referrals and customers receive great deals...it's a win-win-win!
Text of Localmaven referrals slidedeck
We're organizing the referral economy and everyone benefits: Vendor, Promoter, Customer
LocalMaven.com, LLC315 Madison Avenue – Suite 901New York, NY 10017646-681-6555
Founders: Arnon Rosan Sean O’Day
Our story.Our appeal is universal and applies to nearly any business.
Meet Phil, today he told a friend visiting from out of town about his favorite restaurant, suggested a high end flower shop for his boss’ anniversary, and took his girlfriend to his climbing gym for the first time.
He’s always referring people to that restaurant but they’re not aware of it; his boss forgets what flower shop he mentioned so winds up shopping somewhere else; and there’s another great climbing gym in town that would be happy to give his girlfriend (and him) a deal, but Phil’s not aware.
Enter LocalMaven – a simple platform that makes giving and receiving referrals easy and paying commissions seamless.
How Does the Referral Work?The process is simple and automated and is easy for the Vendor, Maven, and Customer.
Vendors create special deals and invite Mavens to participate
Maven promoters distribute these deals to potential customers in the form of an 8 digit alphanumeric code emailed, texted or written down for the customer.
The customer redeems this code at the vendor and receives the deal.
The Maven’s account is credited for the referral and commissions sweep weekly via Dwolla or PayPal from the Vendor’s account to the Maven’s account
• Travel and Tourism
• Home Improvement &Renovations
• Hospitality andRestaurants
• Personal services(Massage, Hair removal)
• Health Care & Wellness
• Professional Services
• On-line E-Commerce
• Luxury Goods Sales
• Charity and Fundraising
• Transportation (CarService, charters)
• Repair Services
• B2B Sales
• Gyms, Spas, DanceStudios, Yoga, etc.
LocalMaven is universal and appeals to nearly any vertical market where businesses want to grow from word-of-mouth referrals.
The size of the transaction can be large or small, but the concept remains the same – that Maven promoters deserve to be compensated for their referral.
We will focus first on markets where multiple vendors interact on a single project - eg. Weddings, home buying, construction, Travel, etc.
Who is a Maven?
• Limo Drivers
• Retail Salespeople
• Service providers
• Store Managers
• Club Promoters
• Taxi Drivers
1. An expert or connoisseur
2. A trusted expert in a particular field, whoseeks to pass knowledge on to others
3. Mavens are people in the know
Company in need of printing services
COMMISSION: $100 FOR ANY REFERRAL OVER $1,000
10% off any project over $1000
Sample Transaction #1
Client of the store
Retail clothing store
Friend of the Maven
COMMISSION: 5% OF THE TRANSACTION EXCLUDING TAX
10% off any purchase over $200
Sample Transaction #2
Doorman in an apartment building
COMMISSION: $50 FOR THE REFERRAL
Free evaluation of existing system and quote
Sample Transaction #3
Bellman at hotel
Tourist staying at hotel
COMMISSION: $20 FOR THE REFERRAL OF 4 PEOPLE OR MORE FOR DINNER
Free glass of wine with each entrée
Sample Transaction #4
The Charity Fundraising ModelLocalMaven.com is uniquely positioned to assist non-profits in growing their business and provides a powerful platform to encourage donations. It is ideal for schools, churches, aid organizations, booster clubs, and other non-profit and fundraising programs.
The process is simple:
a) The non-profit becomes a Maven on the platform.
b) Local businesses connect on LocalMaven.com
c) Vendors create a simple campaign that offers a donation to the charity when acommunity member shops at the merchant.
Platform FunctionalityThe platform is powerful and easy to use and V1 incorporates robust functionality.
Vendors and Mavens connectMore entrepreneurial Mavens can forge multiple vendor connections, encourage vendor deal creation, and build networks of sub-Mavens that assist them in promoting their deals.
Vendors create unique dealsThe “advanced deal” page (versus the “simple deal” page) supports a number of variables, including: Deal name, deal photo, deal terms, commission to be paid to the Maven, quantity of vouchers to be issued, expiration date, commission delivery option (allowing commissions to flow to a third party), and referral code generation method.
Vendors can selectively invite their Mavens to participate in a campaign
Mavens can generate and transmit unique referral codes: Mavens are able to easily generate referral codes for potential customers and transmit these via email, SMS/Text, or verbally. These are linked to the Maven, Customer, and Vendor and are fully trackable.
Mobile is supportediPhone and Android apps are in development
Everything is Trackable
Vendors can view, audit, and approve commissions and see detailed analytics about the performance of their campaigns.
Mavens can see details on the status of the vouchers they have issued and on commissions earned.
Customers can keep track of their vouchers and see redemptions and expirations