Presentation on theme: "PRS (Product Recall SaaS) Open effective government & enterprise recall service."— Presentation transcript:
PRS (Product Recall SaaS) Open effective government & enterprise recall service
Team Mostafa Elzoghbi Founder of Hadafsoft, Mobile & Cloud Startup Solution Architect, Microsoft Most Valuable Professional for 5 years Entrepreneur, Geek Nodir Yuldashev Software Architect, Engineer, Geek M.Sc. Of Computer Science, MS Certified Professional Developer
Problem How many times enterprises sold a recalled product? How much overhead money enterprises spent in reimbursing customer? How much time enterprises spent in handling recalled products? How many times enterprises found your products cause health and affect public safety ?
Story FitBit Force Recall! Consumer product safety commission recalled FitBit Force product due to health & skin irritation issues reported by consumers, This affected 1M customers in US & Canada. It takes days and weeks to manually update all ecommerce sites to take the recalled product out! You will be able to buy a recalled FitBit Force from eBay website and lots of other chain or resellers!
Opportunity Medical Devices Recall Index (Q1-2013): Average recall affects 19.4M units, one recall affected 5M units Issued for 143 companies Children and Infant Recall Index: Average recall affects 500,000 Units Pharmaceutical Recalls Index (Q1-2013): FDA enforcement report recalled 107 drug & Pharmaceutical recalls Re-imbursement cost: Credit card fees cost 0.35$ ++ / transaction Loss of existing and future customers Lawsuits cost and enterprise reputation!
Recall Product Service
Market Enterprises in the following sectors: Retail & Whole Sale stores such as: Walmart, Costco, BJ’s Online eCommerce sites: Amazon, Best Buy, eBay…etc Medical Manufactures resellers & distributors Kids & toy stores & resellers Federal agencies: FDA USDA Food Safety Any other agency with interest in public health Consumers : Notify me with products I bought, intend to buy, or with interest to buy. Use social media channels. No need to check websites!
Focused Market Medical devices Food wholesale
Current Market Fit
Innovation, approach, growth... What (will) make you stand as a leader in your industry?
Use this spreadsheet for churn, MRR, and cohortanalysis cohort-analysis-guest-post/# cohort-analysis-guest-post/#
Business Model Product / Service Price
Sales & Marketing How do you sell & communicate?
Cost of acquisition vs. Customer Lifetime Value
Next milestones to reach - put a timeline - add a 12-month roadmap
Biggest challenges Breaking points to master
Fundraising What do you raise for? Where does it take you?
The End Of Game Long term strategy End game
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