hyper local mobile payments by kyle collier of eve tab (techto may 2015)

10
Hyper Local Mobile Payments Kyle Collier [email protected] (416) 570-0829 - Systems Design Engineering Graduate from University of Waterloo, double minor in UX and Management Science - Founder and CEO, Eve Tab - 3 Years Product Management Experience + PMP Certified - Previously founded and CRM software platform

Upload: techtoronto

Post on 07-Aug-2015

194 views

Category:

Technology


0 download

TRANSCRIPT

Page 1: Hyper Local Mobile Payments by Kyle Collier of Eve Tab (TechTO May 2015)

Hyper Local Mobile Payments

Kyle Collier [email protected] (416) 570-0829

- Systems Design Engineering Graduate from University of Waterloo, double minor in UX and Management Science

- Founder and CEO, Eve Tab

- 3 Years Product Management Experience + PMP Certified

- Previously founded and CRM software platform

Page 2: Hyper Local Mobile Payments by Kyle Collier of Eve Tab (TechTO May 2015)

Why now?Technology and mobile payments are hot emerging markets.

The industry is growing in Toronto!

Market is ready

On-demand services like Uber are flourishing

Apple Pay will make mobile payments

mainstream

Technology is here

99% of smart phones have Bluetooth

Smartphone penetration in the U.S. is over 70%

Eve TabRitual LoraxGrabb

Page 3: Hyper Local Mobile Payments by Kyle Collier of Eve Tab (TechTO May 2015)

* Demand since Feb 2013

http://www.statista.com/statistics/261114/share-of-internet-users-who-would-prefer-to-mobile-payments/

Page 4: Hyper Local Mobile Payments by Kyle Collier of Eve Tab (TechTO May 2015)

* Mobile Payment Users

http://www.statista.com/statistics/244487/number-of-us-proximity-mobile-payment-transaction-users/

($M)

Page 5: Hyper Local Mobile Payments by Kyle Collier of Eve Tab (TechTO May 2015)

* Average Transaction Value

http://www.statista.com/statistics/244475/proximity-mobile-payment-transaction-value-in-the-united-states/

($U.S.)

Page 6: Hyper Local Mobile Payments by Kyle Collier of Eve Tab (TechTO May 2015)

* Marketplace Acquisition Strategy

Free + Paid FeaturesEve collects data and provides insights on user behaviors and offers direct real-time targeted

engagement.

Direct salesInternal direct sales team to

generate leads on new venues

Partnerships and Affiliates

Merchant Partner Acquisition

Promoters/Influencers as affiliates:

Promoters will drive traffic to Eve in exchange for revenue share.

In-app sharing: Incentivized promotional

codesGuerilla marketing:

Street teams, campus repsCo-branding:

Venues and Brands

Targeted social ads

Mobile App Users

Page 7: Hyper Local Mobile Payments by Kyle Collier of Eve Tab (TechTO May 2015)

* Proximity Mobile Payment Market

http://www.statista.com/statistics/244475/proximity-mobile-payment-transaction-value-in-the-united-states/

($B)

Page 8: Hyper Local Mobile Payments by Kyle Collier of Eve Tab (TechTO May 2015)

The Eve Tab Experience

Discover the hottest nightlife in real-time

Start a Eve Tab and show your pass

at the door for VIP access

Redeem 100%of your tab at the

bar

Page 9: Hyper Local Mobile Payments by Kyle Collier of Eve Tab (TechTO May 2015)

* Business Model

# % $152x $ ?=

Commission on a tab

25%

Avg. tab value

$176x $44=Average

Revenue Per User (ARPU)

http://www.statista.com/statistics/244496/average-spending-per-us-proximity-mobile-payment-transaction-user/

Page 10: Hyper Local Mobile Payments by Kyle Collier of Eve Tab (TechTO May 2015)

Special TechTO Offer:

1. Enter ‘Toronto’ in “Redeem Code” Menu.

2. Select a Nightclub3. Start a Tab4. Enter ‘FreeDrinks’ in promo

code field. 5. Pay with $25 Eve Credit