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The Disrup+ve Force in Mobile Commerce Search

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The  Disrup+ve  Force  in  Mobile  Commerce  Search

Company  Confiden,al  and  Proprietary2

Best  in  Class  Natural  Language  Search

§ Leading  independent  eCommerce  search  solu7on,  ranked  number  4,  by  Internet  RetailerⓇ  

§ Chosen  by  over  400  preeminent  e-­‐retail  leaders  

§ Intelligent  search  lets  shoppers  simply  ask  for  what  they  need  in  their  own  words  and  get  the  results  they  want

Company  Confiden,al  and  Proprietary3

Snapshot  of  EasyAsk  Customers

Tacoma  Screw  Products

Company  Confiden,al  and  Proprietary

Why  You  Should  Invest  in  EasyAsk

§ Mobile  eCommerce  is  growing  exponen7ally  and  is  the  leading  market  segment  for  Venture  Investment

§ An  intui7ve  mobile  User  Experience  (UX):    § Intelligent  voice  recogni7on  and  smarter  search  is  

the  next  evolu7onary  step  in  mobile  shopping    § Customers  who  find  products  instantly  have  an  

outstanding  UX  and  will  recommend  their  site  and  buy  again,  maximizing  customer  conversion  

§ Your  investment  is  on  par  with  the  founders  of  the  company,  pre-­‐venture  capital  dilu7on

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Company  Confiden,al  and  Proprietary5

mCommerce:  Explosive  Growth  

mCommerceeCommerce

$,  Billion

Source:  Forrester  Research

§ By  2018,  the  mobile  commerce  (mCommerce)  industry  will  reach  $228B,  with  a  growth  rate  of  35%  per  year  and  account  for  more  than  50%  of  all  eCommerce  sales

Company  Confiden,al  and  Proprietary6

Mobile  Technology  Investments  by  Industry  

§ Venture  Capital  investment  in  mCommerce  is  by  far  the  leading  segment  in  the  mobile  technology  space

Source:  Digi-­‐CapitalTM  Mobile  Internet  Investments  (LTM  $B)

Company  Confiden,al  and  Proprietary7

Conversion  Problems  in  mCommerce

Device Average Page-views Conversion Rates

Desktop 8.73 2.65%

Tablet 8.82 2.37%

Smartphone 4.62 0.83%

§ Shoppers  can’t  find  the  right  products  on  their  smartphones  becauseUX  designed  for  desktops,  doesn’t  func7on  well  on  smaller  screens.    

§ Purchasing  (conversion)  plummets  from  poor  mobile  search

Company  Confiden,al  and  Proprietary8

§ Look  at  the  industry  leaders  that  have  already  addressed  the  issue  of  crea7ng  ideal,  intelligent  voice  enabled  user  experiences  for  smartphones:  

Apple  -­‐  Siri  Google  -­‐  GoogleNow  Amazon  -­‐  Voice  Search  for  eCommerce  

§ Only  EasyAsk  leverages  this  voice  and  Natural  Language  search  to  provide  an  advanced  UX  for  eCommerce  retailers

Voice  is  the  Future  of  Mobile  Shopping

Company  Confiden,al  and  Proprietary9

§ Shoppers  can  simply  speak  and  ask  for  exactly  what  they  want

§ EasyAsk  delivers  the  right  product  on  the  first  page,  every  7me  

§ A  natural  alterna7ve  to  the  frustra7on  of  naviga7ng  with  liale  buaons  or  pulldown  menus  

§ Delighted  shoppers  simply  speak,  select,  and  purchase

Intelligent,  Intui7ve  .  .  .  Smarter  Search

Simply.  Smarter.  Search.

Company  Confiden,al  and  Proprietary

Compare  EasyAsk  Results  to  the  Compe77on

§ Search  =  ladies  red  ski  jackets  under  $200

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Company  Confiden,al  and  Proprietary11

EasyAsk  Channel  Partners

§ EasyAsk’s  smarter  search  solu7on  is  op7mized  to  run  on  our  Partner’s  pladorms  providing  drama7c  improvements  in  performance,  accuracy  and  conversion

Company  Confiden,al  and  Proprietary12

Valida7on

Gartner  Cool  Vendor:  Analy?cs  “With  all  the  fervor  around  voice-­‐ac?vated  applica?ons  and  machine  intelligence,  EasyAsk  can  help  end-­‐user  organiza?ons  and  vendors  put  an  Apple  Siri-­‐  or  IBM  Watson-­‐like  front  end  on  .  .  search  applica?ons.”

Gartner  Best  Prac?ces  in  E-­‐Commerce  “Natural  language  allows  EasyAsk  to  build  shopping  experiences  in  which  users    can  enter  informa?on  in  various  unpredictable  ways.  EasyAsk  also  has  strong  thesauruses,  vocabularies  and  lexicons  for  various  commercial  categories.”

Company  Confiden,al  and  Proprietary13

Board  of  Directors

§ Craig  Bassin  – CEO,  experienced  leader  and  serial  entrepreneur  

§ Nick  Halsey    – CMO,  Keynote  Systems  (acquired  August  2013)  – CMO,  SugarCRM          – CMO,  Alphablox  (acquired  by  IBM)  – VP  Marke7ng,  JasperSoi  (acquired    by  TIBCO)  – Manager  Applica7ons    Marke7ng,  Apple  Computer  

§ Stuart  Pann  – SVP,  Prin7ng  and  Personal  Systems  Division,  HP    – GM  -­‐  Intel  Corpora?on,  Customer  Fulfillment,  Planning  and  Logis7cs      – Responsibili7es  include,  microprocessor  and  chipset  pricing,  demand  

forecas7ng  and  various  sales  strategies    – Director  of  The  Tech  Museum  of  Innova7on  

Company  Confiden,al  and  Proprietary14

EasyAsk  Management  Team

§ Craig  Bassin  – CEO/Entrepreneur  – Oracle,  B2  Systems  CEO  –  

Founder,  Callixa  CEO  (Acquired  SAP)  

– 3  Exits  (1  IPO,  2  Acquisi7ons)  

§ Richard  Wood,  PhD  – CTO/VP  Engineering  – Natural  Language  Innovator  

for  over  20  years  – CA,  AI  Corp,  Progress    – 2  Exits  (2  Acquisi7ons)

§ Marc  Schnabolk  – SVP  CRO  – Oracle,  Open  Text,  Eloquent,  

Business  Objects,  Cartesis,  Endeca  

– 6  Exits  (3  IPOs,  3  Acquisi7ons)

§ John  Morrell  – VP  Products  – Coral8/Aleri  (acquired  by  SAP),  

WebMethods/Ac7ve  Informix,  Oracle  

– 4  Exits  (1  IPO,  3  Acquisi7ons)

Company  Confiden,al  and  Proprietary

Mobile  eCommerce  is  growing  exponen7ally  and  is  the  leading  market  segment  for  Venture  Investment

An  intui7ve  mobile  User  Experience  (UX):    The  Combina7on  of  intelligent  voice  recogni7on  and  smarter  search  is  the  next  evolu7onary  step  in  mobile  shopping    Retailers  recognize  that  customers  who  find  products  instantly  have  an  outstanding  UX  and  will  recommend  their  site  and  return  to  buy  again,  maximizing  customer  conversion  

Your  investment  is  on  par  with  the  founders  of  the  company,  pre-­‐venture  capital  dilu7on

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Now  ask  yourself,  “Why  Shouldn’t  I  Invest  in  EasyAsk?”

Company  Confiden,al  and  Proprietary

EasyAsk  has  great  Customers,  Channel  Partners,  Board  of  Directors  and  Management  Team

eCommerce  analysts  and  publica7ons  all  recognize  EasyAsk  as  an  award  winning  industry  leading  solu7on

Your  investment  provides  resources  for  the  company  to  aggressively  expand  sales  and  marke7ng  in  this  explosive  mobile  market

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Now  ask  yourself,  “Why  Shouldn’t  I  Invest  in  EasyAsk?”