Presentation is loading. Please wait.

Presentation is loading. Please wait.

“The One-stop SME DIGITAL Marketplace”

Similar presentations


Presentation on theme: "“The One-stop SME DIGITAL Marketplace”"— Presentation transcript:

1 “The One-stop SME DIGITAL Marketplace”
STRICTLY CONFIDENTIAL “The One-stop SME DIGITAL Marketplace” *SME stand for Small Midsized Enterprises

2 Rising Disposable Income
Consumers shifting their buying of goods & services to Mobile Internet.. 2012 2015 137 Mn users 350 Mn users 700 Mn users Rising Disposable Income Demographics Working Women Mobile COMMERCE

3 ~22% contribution to Indian GDP
All SMEs (across categories) will need to shift to online rapidly to match this consumer demand.. B2C- Products B2C- Services Mobile SMEs in India (Mn) Cab Services Apparel +5% Dentists Home & kitchen Spa Only ~1% SMEs are paying for online services Restaurant ~22% contribution to Indian GDP TV, Audio & Video Groceries Travel & Tourism Home Services 2008 2013 Furniture B2B Industrial Goods Machine parts

4 What do SMEs expect from online?
Increase in Business E-Commerce Search Payments Finance

5 Mobile revolution has led to three key questions..
1. How will the future online shopper evolve? 2. How will the future online distribution evolve? 3. How will the future online payment evolve?

6 How will the future online shopper evolve?
One Stop Ecosystems Intelligent, Personalized shopping through data analytics Social Shopping Experiential Features Crowdsourced Content Driven

7 How will the future online distribution evolve?
Inventory Model Marketplace Model Hyper Local Model …..

8 How will the future online distribution evolve? ..contd.
National delivery model through LSPs Hyper local city model Shorthead model Hyper Local locality model B2B or wholesales model Long Tail Model Services Model

9 New categories set to emerge online through Distribution Revolution..
Grocery Furniture Personal Care And Many More Launch of New Products/ Brands will become cheaper, easier, better..

10 How will the future online payment evolve?
Wallet Offline Online Payments Easy access to Loans Rewards & Loyalty Marketing & Analytics

11 The biggest retail ecosystems of the next decade are currently being built online, right now…and there will be new winners!

12 Askme Pay: Beta Launched in Oct’15

13 Payment Industry Insights: Low usage & acceptance of debit and credit cards..
POS: 1.06 Mn Debit Cards: Mn 50 Mn SMEs BUT just ~1Mn POS machines ~390 Mn debit cards but usage is poor ~20 Mn credit cards with declining share Just ~160k ATMS Just 10 Lakh POS machines were available! ATMs: 0.16 Mn Credit Cards: 19.2 Mn

14 High Cost Alternatives Heavy dependency on Cash
3 Reasons Why Askme Pay Payments Marketing Platform Opportunity Low EDC Penetration No Platform SME Connect Low Charges High Cost Alternatives Feet on Street Heavy dependency on Cash Absolute Winner Highly Scalable

15 SMEs pain points Easy app based payment solution Easy access to Loans
Individualized marketing plan

16 Anywhere: offline & online
Askme Pay: Consumer value proposition Pay Anywhere: offline & online Search Merchants Enter Amount Click and Pay Users Hyper Local Offers Coupons and Deals Around You Exclusive Offers Easy Secure Rewarding Offers inbuilt

17 Askme Pay: Merchant value proposition
Create Campaigns Create Coupons & Deals Acquire New Users Build your CRM Request Payments Enter Mobile Number Request Payment Next Day Settlement Low Cost Payments FLAT 1.99% 0.49%* All Payment Methods (Cards, Net Banking, Wallets, EMI) In build CRM Where is your Customer Information till date? Campaign Management tool Inbuilt Analytics * - Limited Period offer

18 askmefin

19 AskmeFin AskmeFin is a pioneering initiative by AskmePay to provide Easy Loan options to SME/Sellers for selling goods on AskmeBazaar(AMB) or collecting money on AskmePay Wallet/App from Customer purchasing goods or services offline from Seller Loans are provided for the seller’s Working Capital needs and short term funds requirement The more a seller has a history on selling on Askme Bazaar(AMB) or collecting money on AskmePay, the more their probability of a loan increases

20 Purchase Bill discounting Sales Bill Discounting
AskmeFin: Our Products Loan for Purchase of Goods Loan on dispatches Interest only on the funds used Monthly Fixed EMI Short Term Loan Overdraft Limit Purchase Bill discounting Sales Bill Discounting

21 Our Partners

22 Payments: Offline+ Online Hyper-local food model
Askme is building a strong online shopping ecosystem across India.. supported by intelligent technology. Content & Communities Payments: Offline+ Online Services marketplace Askme Ecosystem (Bringing SMEs & Consumers together) National Delivery Local + Made-to-Order Hyper-local food model Hyper-local Locality Hyper-local city

23 Similar to Alibaba model.
Who are we? Similar to Uber model. We provide the technology, distribution, marketing and entire backbone for Small and Medium Enterprises (SMEs) to bring them online. This is similar to how UBER brought taxi online. AskMe is India’s pioneering “ONE STOP SME” Marketplace. Online Transactions Listings Deals & Classifieds Payments Similar to Alibaba model. AskMe is an enabler to SMEs and not a competitor to them.

24 Similar to Alibaba model.
What do we do? Similar to Alibaba model. AskMe is a unique combination of key digital businesses, offering a one-stop-shop for Consumers and SMEs. AskMe brings SMEs & consumers together through Online transactions, hyper local search, classifieds, deals, and payments. Marketplace Deals Classifieds Listing Find and buy products from SMEs online with delivery option Find special deals posted by SMEs Post daily or weekly deals to attract consumers List and sell products on an online platform View and find SMEs and their information detail Post ads and view ads from other users (C2C) List business, branches, contact details, and create profile page Post ads that can be viewed by consumers (B2C) Note: Logos of Digital players indicate their primary position in one of the business categories that AskMe operates in

25 Business model has scaled up rapidly in last 1 year
50% m-o-m growth & expected to continue Key Metrics Current annualized GSV run rate of USD600 Mn+. US1 Bn+ by Mar’16. Over 14 Mn SMEs fully rich database across 5500 categories 77k+ merchants have already opened storefronts, receiving 1.4 Mn+ monthly orders. Merchants expected to reach ~100k by Mar’16. 50Mn+ avg. monthly visits & 100 Mn+ searches, and growing rapidly. 4 Sales Engines for SME monetization: Direct Sales (FOS), indirect distributors in small towns, Tele Sales & Referral Sales. ~20 Mn AskMe app downloaded across android & iOS platforms. ~1 Mn classifieds every month, more than 300k vehicles listed. 8 social communities deepening consumer engagement on AskMe Platform. One of the best SMEs databases in India : far ahead of competitors ~20x in last 1 year Best access to SMEs long tail: far ahead of competitors

26 Gross Sales Value (GSV) Average Sales Value (ASV)
key metrics of growth.. driven by strong execution strength.. Gross Sales Value (GSV) Average Sales Value (ASV) In USD Mn 12x In USD 3x Avg Monthly Visitors No of Merchants In MN In’000 12x 2x With the right capital, this company will grow 10x in the next 3 years.

27 AskMe: Sustainable Competitive Advantage
Product differentiation Financial & Capital efficiency  Proprietary business models / entry barriers International Presence

28 Product differentiation
ONLY PLAYER WITH PRESENCE ACROSS ALL KEY VERTICALS AND OFFERINGS (CRITICAL IN A MOBILE ECOSYSTEM) Local Search Classifieds Market-place Deals Payments Community & Content * Pilot Launched Started with Groupon STRONG BACKEND INFRASTRUTURE CREATES HIGH ENTRY BARRIERS AskMe is the only model in India which combines both transactions & listings: This is similar to Alibaba Flipkart & Amazon are inventory led models. Focus on building large customer base through discounts. AskMe runs a pure marketplace. SMEs provide discounts to gain incremental business. AskMe is a partner to SMEs and not a competitor. Justdial is largely a local search service even today. However, SMEs want search plus transactions as user behaviour is evolving from pure search towards online purchase

29 Proprietary business models / entry barriers
Grocery model Next day delivery (NDD) Furniture Payments Comprehensive AskMe loyalty program …..

30

31 AskMe Grocery: Business Unit
Grocer Selection basis : Best Price Items Pickup from Grocer Customer wise Invoice Order at Askme grocery Quality Check of Products Customer wise Aggregation of Items Packing of Order Delivery with In 4 Hrs 4 Km Grocers Buyers Askme Grocery Hub Best At Lowest Grocers Buyers Grocers Buyers Payment to Grocers after taking our Take Rate. Buyer Pays Order Amount No Inventory or Warehousing

32 Hyper Local – Intra City Model
First time in India.. Lowest Prices. Delivered Tomorrow. Top Brands. Free Shipping. Online-to-offline (O2O) Omni Channel Hyper Local – Intra City Model

33 How does NDD Work? Buyer 8 4 6 3 5 Askme Bazaar NDD Local RD
7 Collects Money Buyer Askme Bazaar NDD Local RD Local Seller Places Order Transfer Order Request to Confirm Availability of stock Confirmation of stock availability RD delivers the Product to Buyer within the next day RD picks up the product from the seller 2 1 8 4 Askme Bazaar pays the seller after deduction of its commission 6 3 5

34 Presents

35 Why did AskMe enter online furniture category?
Emerging, high growth online category with high entry barriers High margin with high ASV Can drive additional growth through existing SME database & infrastructure Can drive local delivery

36 5x growth in GMV in next 6 months
Where we are today! 800+ Sellers & Counting 20k Pin-Code delivery 150k Satisfied customers 90k Products 5x growth in GMV in next 6 months

37 THANKS


Download ppt "“The One-stop SME DIGITAL Marketplace”"

Similar presentations


Ads by Google