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Engage. Influence. Close.
Personalized & Personal
Ecommerce Shopping Assistance
April 2019
 @NOAHConference
 @noah_conference
 @noah-conference
 @NOAHConference
FOLLOW USONSOCIAL
Who are we?
Launched- 2015
Headquarters – Tel Aviv
Field – Future-of-work
Market – Direct-to-consumer e-commerce
Solution – Proactive Sales Chat Powered by Experts
Sales Chat Conducted – 1M+
Yoel Feldman | Yoel@proonto.com | COO
The challenging e-commerce reality:
On Average
98%
of website visitors
do not
complete their
purchase.
Awareness
Consideration
Decision
In This Sphere, Human Interaction Can be a Key Factor
80%
“Of Customers say that
direct interactions with
brands are most
influential in purchase
preference”
While Distinguishing Between Personal vs Personalized
Personalised = digital recommendations of products
based on an algorithm; Personal = a human
interaction that evokes emotion
The High Velocity Consumer White Paper | WGSN
Proactive Sales Chat Powered by Experts
Associates
Certification
Retention
Engagement
Integration
Segmentation
The era of Direct-To-Consumer brands is here
Ecommerce D2C brands are Exponential Organizations
#EcommExO
Social
Autonomy
Experimentation
Dashboards
Interfaces
Engagement
Leveraged assets
Algorithms
Community / Crowd
Staff on Demand
I
D
E
A
S
S
C
A
L
E
9
Independent workers in the US economy
Customers + Channels
D2C
Legacy
Partners
Demo: Where our Fully-Staffed Proactive Live Chat for Sales Comes in
Welcome to L’OREAL PARIS,
I’m Nina ! Have you used
true match makeup previously?
Demo | Use Case - New Customer Acquisition
Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
The Purpose: Create Engagement During the Consideration & Decision Stages
Target #1 - considering a new purchase has uncertainty about features
Target #2 - considering a switch from competitor
Target #3 - first product purchase
Dedicated, vetted & trained
team consisted of talent,
advocates and professionals
How do we do it? Meet Our Expert Associate Community
Meet Nina the Associate
Meet Nina
Marketing & Customer Service Reports
We Crunch Customer Interaction Data
A/B tested Results with Randomized Control group
Conversion with: 1.46%
Conversion without: 1.32%
Control group: 98,758
Chat group: 902,975
Incremental orders: 2,477
Delta: $283,154
2015
Launched
$1.75M
Funding to date
$3M
Series A opportunity
We’re cash-flow positive and capital-efficient
366%
2018 Net Revenue growth
7 Figures ($)
Annualized run rate
Negative $ Churn
Every $1 added in 2017 grow 30% in 12 months
Financial KPI - Land & Expand
Case Study – Lifestyle – Torgoen Swiss Watch
Premium Sales Associate experience for
shoppers and gifters
2,500+
Feedbacks analysed
12 Lines
Average to buy
9.29 CSAT
Out of 10
Case Study – Travel – Arkia Airlines
Focusing on AdWords traffic, profitable
vacation plans and pre-sale messenger
19X ROI
On service cost
14 chats
per hour
9.42 CSAT
Out of 10
Case Study – Consumer Service – Sixt
Multilingual sales assistance to encourage
car rental booking locally
11X ROI
On service cost
2,000
Conversations analysed
2019
Website redesign based on mapped concerns
So Where Are we Headed?
Increase ML usage
for targeting and
messaging
Scale up growth both with
DTC and legacy brands
Use our expert-powered proactive sales chat on predefined
segments to create trust, evoke emotion and increase sales
Leverage NLP to
speed up content analysis
Grow Associate
community & enhance
Assocaite tools
Thank You Noah!
Questions & Answers
Yoel Feldman | Yoel@proonto.com | COO

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Proonto - NOAH19 Tel Aviv

  • 1. Engage. Influence. Close. Personalized & Personal Ecommerce Shopping Assistance April 2019
  • 2.  @NOAHConference  @noah_conference  @noah-conference  @NOAHConference FOLLOW USONSOCIAL
  • 3. Who are we? Launched- 2015 Headquarters – Tel Aviv Field – Future-of-work Market – Direct-to-consumer e-commerce Solution – Proactive Sales Chat Powered by Experts Sales Chat Conducted – 1M+ Yoel Feldman | Yoel@proonto.com | COO
  • 4. The challenging e-commerce reality: On Average 98% of website visitors do not complete their purchase. Awareness Consideration Decision
  • 5. In This Sphere, Human Interaction Can be a Key Factor 80% “Of Customers say that direct interactions with brands are most influential in purchase preference”
  • 6. While Distinguishing Between Personal vs Personalized Personalised = digital recommendations of products based on an algorithm; Personal = a human interaction that evokes emotion The High Velocity Consumer White Paper | WGSN
  • 7. Proactive Sales Chat Powered by Experts Associates Certification Retention Engagement Integration Segmentation
  • 8. The era of Direct-To-Consumer brands is here
  • 9. Ecommerce D2C brands are Exponential Organizations #EcommExO Social Autonomy Experimentation Dashboards Interfaces Engagement Leveraged assets Algorithms Community / Crowd Staff on Demand I D E A S S C A L E
  • 10. 9 Independent workers in the US economy
  • 12. Demo: Where our Fully-Staffed Proactive Live Chat for Sales Comes in Welcome to L’OREAL PARIS, I’m Nina ! Have you used true match makeup previously?
  • 13. Demo | Use Case - New Customer Acquisition
  • 14. Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
  • 15. Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
  • 16. Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
  • 17. Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
  • 18. Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
  • 19. Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
  • 20. Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
  • 21. Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
  • 22. Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
  • 23. Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
  • 24. Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
  • 25. Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
  • 26. Demo | Use Case - New Customer AcquisitionDemo | Use Case - New Customer Acquisition
  • 27. The Purpose: Create Engagement During the Consideration & Decision Stages Target #1 - considering a new purchase has uncertainty about features Target #2 - considering a switch from competitor Target #3 - first product purchase
  • 28. Dedicated, vetted & trained team consisted of talent, advocates and professionals How do we do it? Meet Our Expert Associate Community
  • 29. Meet Nina the Associate Meet Nina
  • 30. Marketing & Customer Service Reports
  • 31. We Crunch Customer Interaction Data
  • 32. A/B tested Results with Randomized Control group Conversion with: 1.46% Conversion without: 1.32% Control group: 98,758 Chat group: 902,975 Incremental orders: 2,477 Delta: $283,154
  • 33. 2015 Launched $1.75M Funding to date $3M Series A opportunity We’re cash-flow positive and capital-efficient 366% 2018 Net Revenue growth 7 Figures ($) Annualized run rate Negative $ Churn Every $1 added in 2017 grow 30% in 12 months Financial KPI - Land & Expand
  • 34. Case Study – Lifestyle – Torgoen Swiss Watch Premium Sales Associate experience for shoppers and gifters 2,500+ Feedbacks analysed 12 Lines Average to buy 9.29 CSAT Out of 10
  • 35. Case Study – Travel – Arkia Airlines Focusing on AdWords traffic, profitable vacation plans and pre-sale messenger 19X ROI On service cost 14 chats per hour 9.42 CSAT Out of 10
  • 36. Case Study – Consumer Service – Sixt Multilingual sales assistance to encourage car rental booking locally 11X ROI On service cost 2,000 Conversations analysed 2019 Website redesign based on mapped concerns
  • 37. So Where Are we Headed? Increase ML usage for targeting and messaging Scale up growth both with DTC and legacy brands Use our expert-powered proactive sales chat on predefined segments to create trust, evoke emotion and increase sales Leverage NLP to speed up content analysis Grow Associate community & enhance Assocaite tools
  • 38. Thank You Noah! Questions & Answers Yoel Feldman | Yoel@proonto.com | COO