hec certification digital innovation for business : e-commerce challenge - présentation finale voir...

14
Voir Et Revoir « Your branded spectacles guaranteed against theft and breakage »

Upload: nicolas-danino

Post on 21-Dec-2014

712 views

Category:

Business


0 download

DESCRIPTION

Présentation finale de notre projet Voir & Revoir. Le projet s'inscrit dans le cadre du challenge e-commerce de la Certification Digital Innovation for Business à HEC Paris

TRANSCRIPT

Page 1: HEC Certification Digital Innovation for Business : E-commerce challenge - Présentation finale Voir & Revoir

Voir Et Revoir

« Your branded spectacles guaranteed against theft and breakage »

Page 2: HEC Certification Digital Innovation for Business : E-commerce challenge - Présentation finale Voir & Revoir

�  Branded eyeglasses

� With an all inclusive warranty

�  At a competitive price

We want to become the online reference to buy and protect designer glasses

Designer glasses with an all inclusive warranty

Page 3: HEC Certification Digital Innovation for Business : E-commerce challenge - Présentation finale Voir & Revoir

We have 3 main types of customers

10 Million 60%

3 years 90% 60%

15 Million 70%

4 years 60% 20%

3 Million 60%

1 year 90% 70%

4.8 M€ annual potential Turnover

Population Wear glasses Renewal every

Total 1M 0,3M 1,1M

Market share (goal: 1%) 24 000 annual customers

Emilie the mother of 2

Jacques the over insured senior

Alexandre The clumsy guy

Sources: Insee ; Xerfi ; Fevad ; based on an average basket of 200€

Want warranty eShopper

Page 4: HEC Certification Digital Innovation for Business : E-commerce challenge - Présentation finale Voir & Revoir

We sell high end service at mid range prices

Bad service Good service

High price

Low price

Page 5: HEC Certification Digital Innovation for Business : E-commerce challenge - Présentation finale Voir & Revoir

There is no similar warranty at our price level in the market

No warranty

Complete warranty

(loss/break)

Low price

High price

The local optician

Page 6: HEC Certification Digital Innovation for Business : E-commerce challenge - Présentation finale Voir & Revoir

We are your bodyguard: a unique protection to see clearly, whatever the circumstances

31 2

§  All glasses include our free warranty

§  We guarantee the fastest and most complete protection service in the market

You have broken your glasses? Your glasses have been stolen? How will you see in the meantime?

Page 7: HEC Certification Digital Innovation for Business : E-commerce challenge - Présentation finale Voir & Revoir

A strong Business Model based on a well-thought warranty premium

Based on 10 customers buying 150€ spectacles… Financial impact

Purchase glasses with our warranty (100%)

Break or get their glasses stolen during Year 1 (20%) (1)

ü Additional margin per client (15%) = €22.5 / client

û Additional costs : ~55% of the price of 2 glasses = €16.5 / client

ü Balance per client = +6€ / client

The additional margin enables a comfortable Burning Cost Ratio (losses/premium paid) of ~75%

(1): Based on a survey conducted with 50 potential consumers

Page 8: HEC Certification Digital Innovation for Business : E-commerce challenge - Présentation finale Voir & Revoir

�  Other competitors offer a warranty service in case of lost/broken glasses, but often outsource it

As insurance is not our core business, we plan to partner with a specialist

has an agreement with

�  We are currently in talks with potential partners

Exemple

Page 9: HEC Certification Digital Innovation for Business : E-commerce challenge - Présentation finale Voir & Revoir

Deep dive into our Customer Experience

Page 10: HEC Certification Digital Innovation for Business : E-commerce challenge - Présentation finale Voir & Revoir

An acquisition strategy that relies on recommendation

 A pre launch event to generate traffic and buzz:

@ Online competitive game on FB, the prize: a ten year warranty on prescription eyeglasses

 How to generate traffic in the long run

@ Through recommendations, to foster trust

@ Improve referencing through our content policy @ Educate people with quality content and regular

publications

@ Re-written URL to improve referencing by Google

Page 11: HEC Certification Digital Innovation for Business : E-commerce challenge - Présentation finale Voir & Revoir

 Customer loyalty is key for repeat buys and recommendation:

@  Very targeted personalized mails 3 times a year: before spring, before winter and at the anniversary date of the last purchase

@  A loyalty card, earning points for each purchase and each sponsored customer

We want to be perceived as trustworthy and reliable

Page 12: HEC Certification Digital Innovation for Business : E-commerce challenge - Présentation finale Voir & Revoir

What we plan to do in the coming months

�  Focus on high end brands

�  Develop a set of KPI to monitor and display our performance as a marketing tool (satisfaction %, etc)

�  Keep organising promotional events (several every year)

Page 13: HEC Certification Digital Innovation for Business : E-commerce challenge - Présentation finale Voir & Revoir

Why should you choose us?

1.  Because we offer an unheard of warranty

2.  Because we are much cheaper than our direct competitors

3.  Because it is a sound Business Model

Page 14: HEC Certification Digital Innovation for Business : E-commerce challenge - Présentation finale Voir & Revoir

Thank you for your time

Business Girl Tech Guy Market Guy

Lawyer Guy Business Guy Design guy