Localmaven referrals slidedeck

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    12-Mar-2016
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LocalMaven.com is a unique social referral platform connecting businesses, promoters (Mavens) and customers. Businesses design special deals and offers, Mavens promote these deals via word-of-mouth referrals and customers redeem the deals at the merchant. Businesses grow, Mavens are rewarded for successful referrals and customers receive great deals...it's a win-win-win!

Transcript of Localmaven referrals slidedeck

  • We're organizing the referral economy and everyone benefits: Vendor, Promoter, Customer

    LocalMaven.com, LLC315 Madison Avenue Suite 901New York, NY 10017646-681-6555

    LocalMaven.com

    Founders: Arnon Rosan Sean ODay

  • 2Our story.Our appeal is universal and applies to nearly any business.

    Meet Phil, today he told a friend visiting from out of town about his favorite restaurant, suggested a high end flower shop for his boss anniversary, and took his girlfriend to his climbing gym for the first time.

    Hes always referring people to that restaurant but theyre not aware of it; his boss forgets what flower shop he mentioned so winds up shopping somewhere else; and theres another great climbing gym in town that would be happy to give his girlfriend (and him) a deal, but Phils not aware.

    Enter LocalMaven a simple platform that makes giving and receiving referrals easy and paying commissions seamless.

  • 3How Does the Referral Work?The process is simple and automated and is easy for the Vendor, Maven, and Customer.

    Vendors create special deals and invite Mavens to participate

    Maven promoters distribute these deals to potential customers in the form of an 8 digit alphanumeric code emailed, texted or written down for the customer.

    The customer redeems this code at the vendor and receives the deal.

    The Mavens account is credited for the referral and commissions sweep weekly via Dwolla or PayPal from the Vendors account to the Mavens account

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  • 4Markets served

    Travel and Tourism

    Home Improvement &Renovations

    Hospitality andRestaurants

    Personal services(Massage, Hair removal)

    Health Care & Wellness

    Professional Services

    On-line E-Commerce

    Retail

    Luxury Goods Sales

    Charity and Fundraising

    Automotive

    Transportation (CarService, charters)

    Repair Services

    B2B Sales

    Gyms, Spas, DanceStudios, Yoga, etc.

    Freelancers

    LocalMaven is universal and appeals to nearly any vertical market where businesses want to grow from word-of-mouth referrals.

    The size of the transaction can be large or small, but the concept remains the same that Maven promoters deserve to be compensated for their referral.

    We will focus first on markets where multiple vendors interact on a single project - eg. Weddings, home buying, construction, Travel, etc.

  • 5Who is a Maven?

    Concierges

    Limo Drivers

    Retail Salespeople

    Contractors

    Service providers

    Professionals

    Store Managers

    Club Promoters

    Bellmen

    Trainers

    Therapists

    Doctors

    Doormen

    Taxi Drivers

    Shoppers

    Diners

    Everyone!

    1. An expert or connoisseur

    2. A trusted expert in a particular field, whoseeks to pass knowledge on to others

    3. Mavens are people in the know

  • 6Sample Transactions

  • 7MAVEN

    Freelancer

    VENDOR

    Printer

    CUSTOMER

    Company in need of printing services

    COMMISSION: $100 FOR ANY REFERRAL OVER $1,000

    DEAL

    10% off any project over $1000

    Sample Transaction #1

    Printer

  • 8MAVEN

    Client of the store

    VENDOR

    Retail clothing store

    CUSTOMER

    Friend of the Maven

    COMMISSION: 5% OF THE TRANSACTION EXCLUDING TAX

    DEAL

    10% off any purchase over $200

    Sample Transaction #2

    Clothing Boutique

  • 9MAVEN

    Doorman in an apartment building

    VENDOR

    AV contractor

    CUSTOMER

    New tenant

    COMMISSION: $50 FOR THE REFERRAL

    DEAL

    Free evaluation of existing system and quote

    Sample Transaction #3

    AV Contractor

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    MAVEN

    Bellman at hotel

    VENDOR

    Local trattoria

    CUSTOMER

    Tourist staying at hotel

    COMMISSION: $20 FOR THE REFERRAL OF 4 PEOPLE OR MORE FOR DINNER

    DEAL

    Free glass of wine with each entre

    Sample Transaction #4

    Italian Restaurant

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    The Charity Fundraising ModelLocalMaven.com is uniquely positioned to assist non-profits in growing their business and provides a powerful platform to encourage donations. It is ideal for schools, churches, aid organizations, booster clubs, and other non-profit and fundraising programs.

    The process is simple:

    a) The non-profit becomes a Maven on the platform.

    b) Local businesses connect on LocalMaven.com

    c) Vendors create a simple campaign that offers a donation to the charity when acommunity member shops at the merchant.

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    Platform FunctionalityThe platform is powerful and easy to use and V1 incorporates robust functionality.

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    Vendors and Mavens connectMore entrepreneurial Mavens can forge multiple vendor connections, encourage vendor deal creation, and build networks of sub-Mavens that assist them in promoting their deals.

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    Vendors create unique dealsThe advanced deal page (versus the simple deal page) supports a number of variables, including: Deal name, deal photo, deal terms, commission to be paid to the Maven, quantity of vouchers to be issued, expiration date, commission delivery option (allowing commissions to flow to a third party), and referral code generation method.

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    Vendors can selectively invite their Mavens to participate in a campaign

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    Mavens can generate and transmit unique referral codes: Mavens are able to easily generate referral codes for potential customers and transmit these via email, SMS/Text, or verbally. These are linked to the Maven, Customer, and Vendor and are fully trackable.

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    Mobile is supportediPhone and Android apps are in development

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    Everything is Trackable

    Vendors can view, audit, and approve commissions and see detailed analytics about the performance of their campaigns.

    Mavens can see details on the status of the vouchers they have issued and on commissions earned.

    Customers can keep track of their vouchers and see redemptions and expirations

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