orderwithme - winner of techcrunch disrupt beijing 2011
DESCRIPTION
OrderWithMe used this pitch deck to launch and win at TechCrunch Disrupt Beijing 2011.TRANSCRIPT
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Jonathan Jenkins Founder / CEO [email protected]
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Reason for Failure
Too much inventory & QC Issues
Sourcing Direct from China
Reason for Success Sourcing Direct from China
80% - 95% Gross Margins
2007 - Zida Fashions
• $75K first 20 days
• Stores nationwide
• $1.5MM first year
The OrderWithMe Beginnings
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OrderWithMe = $8
China exporter/ sales rep=
$6 $4 $6 $12 $20 $40 Factory Sales Rep US Importer Wholesaler Retailer
The Problem
The Solution
$40 Retailer China factory =
$4 $4 Factory
$8 Order With Me
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Online Trade 1.0 Online Trade 2.0
OrderWithMe is the natural evolution of online sourcing.
• Curation • Quantity • Trust
VIDEO OF AMERICAN BUYER IN CHINA
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VIDEO DEMO OF THE SITE
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OrderWithMe Numbers
Gross Transactions
$125K+
new items per week 100+ product
categories 12 factory partners 20
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OrderWithMe’s Customers
50% Gross Margin vs 75% Gross Margin!
Danielle Jenkins - Head Buyer
“With OrderWithMe, I can cut out a large number of middlemen, my financial outlook is dramatically improved.” - Tess Rodriguez, owner of Contempo Fashion
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Jonathan Jenkins Founder / CEO [email protected]