squarechic for restaurants

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SquareChic is a b pp that gives its members access to participating restaurants on the go Our subscription-based vr p, linked to a customers phone, is presented to your staff. b w w rp rr r rv f, -r w ! Your client and his companion pay 1 pr r – all we ask is you discount the least expensive meal of the 2. That’s it, you have 2 new customers, and NO r p

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Page 1: squareChic for Restaurants

SquareChic is a mobile app that gives its members access to participating restaurants on the go

Our subscription-based “virtual pass”, linked to a customers phone, is presented to your staff.

*e best way to get new and repeat customers… increase your revenue fast, long-term and with no commission!

Your client and his companion pay 1 1ll price meal and all drinks – all we ask is you discount the least expensive meal of the 2.

That’s it, you have 2 new customers, and NO other commissions to pay

Page 2: squareChic for Restaurants

find a participating restaurant…

show your active pass at the restaurant…

check in…

when the bill comes only pay for the most expensive meal

(drinks excluded)…

now... do it again! why?.. because it’s unlimited!

How does it work for customers?

Page 3: squareChic for Restaurants

Why we are confident that we’ll add more than 1000 customers per day in Paris

1. It’s an am4ing deal for them ! … 2 for 1 deals on whatever, and when ever

… think Free Upgrades on desirable offers from quality merchants, not discounts on unsellable offers

… think Elegant Mobile Apps, which let you find opportunities on the go, not daily spam

… 2 for 1 offers can be repeated. Our members can frequent their favorite places over and over again…

2. Our offer has an enormous viral potential ! … our Members get great incentives to spread our deals

… their companion will want to become a member to be able to invite people too

3. We will market squareChic aggressively ! … corporate accounts, distribution deals, performance marketing

Page 4: squareChic for Restaurants

new customers find you through squareChic…

customers show you their virtual pass…

get your own unique page…

the waiter removes the least expensive meal from the bill – no extra device or software needed…

customers rate your restaurant : - no marketing money spent - strong viral community

more customers to fill up your openings : - more total revenue - margins kept on drinks

How does it work for you?

Page 5: squareChic for Restaurants

… no commission to pay, customers pay you directly no waiting time

… two or more customers discover your business

… repeat customers instead of opportunity seeker

… steady cash flow and capital in the bank to pay vendors

… no discount on your brand or products

What are the benefits for your business?

Page 6: squareChic for Restaurants

… depending on your margins and business size, participating

restaurants in NYC have seen an increase of net profits ranging

between 10 and 65%, and an increase of gr7s revenue from 30 to

250%!

What are the benefits for your business?

Page 7: squareChic for Restaurants

… why are they bad for customer? … customers are faced with time-limited complicated coupons they must prepay for

… deals are usually for unsellable items / old stock / under performing businesses

… merchants get overwhelmed for short periods and give bad customer service

… why are they bad for merchants? … it takes over 60 days to pay the merchant and they pay in 3 instalments

… serious strain on merchants cash flow management

… with smaller margins, merchants need capital in the bank quickly to pay vendors

… strong potential to hurt your image

Why Groupon t8es deals can hurt your business

Page 8: squareChic for Restaurants

How long do merchants wait for money?

Site : Payment to merchants :

Amazon Local 100% within 15 days

LivingSocial 100% within 15 days

Groupon 3 equal payments within 60 days

Google Offers 80% within 4 days, the remaining within 90 days

… OpenTable receives an average of 765€ a month (10k/year) from each of its client restaurants, just to handle reservations

…Depending on the deal, you only get on average 50% of your already massively discounted revenue

Page 9: squareChic for Restaurants

it’s free...

it doesn’t “discount” your image...

it has minimal impact...

it’s hassle-free and you are in control...

it’s a “special club”...

we don’t take any commission on any of your sales your customers pay your directly, no more waiting 60 days to receive your cut

you retain control of your image and brand by not offering cheap “Groupon type deals” you are simply offering a privilege to a growing base of members of an affordable club

on your revenue when filling up your openings drinks are excluded and customers pay for the most expensive meal

why waste time structuring complex and potentially unsuccessful promotions and redeeming coupons when our “2-for-1” offer is simple

our members pay an affordable subscription and see immediate benefits you will reach the very customers that are in your target group

Why join as a restaurant?