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Asia’s Leading Beauty &
Wellness Marketplace
Community
OUR MISSION
Make It Easy For Beauty Artists To Build Their Dream
Business So That The World Can Feel Amazing
Singapore-based
mobile-first marketplace technology
company that is focused on
beauty & wellness with a
strong female customer base
Beauty Artists Community Is Large And
Steadily Going Online
300,000
manicurists online
1,200,000
hairdressers online
Japan
448,000
beauty artists
23,447
beauty artists
300,000
beauty artists
South Korea Malaysia Singapore
Source: Luxasia research estimates, @Cosme estimates, Hot Pepper Beauty estimates, Statistics Korea, IRAS Singapore, Vanitee estimates, Trinity
College Estimates, Cosmoprof estimates
Beauty Service Market Is A High-Margin Billion-Dollar
Opportunity
Source: Statistic Korea, IBIS World, ASEAN Beauty Industry, Ministry of Commerce China (HKTDC Research)
Global Spa and Wellness Economy Monitor (2013), HKEx News, Directorate-General of Budget, Account and Statistics of Taiwan
*Malaysia estimate based on Intelligent Spa’s 2002 data of $50 mn in 2002 with 40% CAGR growth rate
Global Beauty &
Wellness Service
Market Size
(Nail, Hair, Spa, Wellness,
Fitness and others) is
estimated as
US$4Trillion+
Australia
US$4B+
Singapore
US$2B+
China
US$160B+
South Korea
US$13B+
Japan
US$20B+
Philippines
US$1.5B+
Hong Kong
US$4.5B+
Taiwan
US$1.8B+
Malaysia
US$1B+
Vanitee’s Proprietary Mobile-First Product
AndroidApple iOS
Search/Filter
Service Listing &
Pricing
Portfolio
Real Reviews
Real-time Chat
Ease To Find The Best
Beauty & Wellness Talents
Search/Filter with
Location
Make A Booking Recommend Artist
We Know Our Customers And What They Buy
95%
Female
US$90
Average
Order Value
52%
>$30k Income
93%
18-44
years old
23%
Consume at least 1
beauty service per
week
50%
Repeat
Customer Rate
Major Partnerships
Credit Cards Commercial Collaborations
Magazines & Press
Beauty Brands
Beauty Schools
10
Strong Entrepreneurial Team
Co-founder & CEO
Douglas Gan
Founder of ShowNearby,
web hosting, online forum,
hardware trading business
companies
Responsible for vision /
strategy, product design,
PR, recruiting, fundraising
Co-founder & CTO
Peng Kong Choy
CTO at ShowNearby, Managed
Volkswagen Asia account at
Consortium Interactive Digital
Agency
Responsible for creation and
execution of technology
roadmap
Co-founder & COO
Xiao Shi Kuik
The Capital Group
Companies, CLSA Asia-
Pacific Markets
Responsible for operations,
finance, strategy, creative,
fundraising
B2B Senior Marketing
Joanne Teo
CEO, co-founder of
mefitted.com
Pricewaterhousecoopers,
Mergers & Acquisition Tax
University of Melbourne,
Masters of Law
Head of Product
Natalie Loh
Co-founder of
Crowdbeats.rocks,
Front-end web
developer,
Reading Room.
Head of Artist Care &
Happiness
Jeffrey Poh
Ops Manager at
CertisCISCO and Industry
development at Civil
Aviation Authority of
Singapore
Co-founder & Head of Mobile
Meters Ang
Founder of Tea Party Time
app. Senior Developer at
ShowNearby.
Acquisitions:
Experienced Investors in Tech and Beauty
Samuel Lim
CEO & Co-founder
Natasha Foong
Co-founder Board Member
Robert Yap
Chairman
Patrick Chong
CEO
Forrest Li
Founder & CEO
Kei Sugawara
CFO
Jetstar Asia Airlines Magazine Coverage
Insider I IN PROFILE
11
INTERVIEWSASHAGONZALES
Located in 90 acres of South-East Asia
M A R L B O R O U G H C O L L E G E M A L A Y S I A
AGreat
British
Education
Pupils are taught a British curriculum from British
educators who know the value of heritage and
tradition. For over 170 years Marlborough College
has been synonymous with a first-class British
boarding education. Now in 90 acres of South-East
Asia we offer our pupils the same opportunity to learn
and to grow from the wisdom of those who have gone
before them. We are a co-educational Preparatory and
Senior School offering an outstanding education for
pupils aged 4-18.
For details of our forthcoming Admissions Events in Singapore on 3rd
October and
Marlborough College Malaysia on 5th
October visit: w w w.m arlboroughcollege.my
star-september-2016_Layout 1 21/6/16 12:14 PM Page 1
The beauty artists
on Vanitee really
strive to make their
clients look and
feel good
IT’S A
BEAUTIFUL
LIFE
DOUGLAS GAN, CO-FOUNDER OF
BEAUTY SERVICES APP VANITEE,
SHARES HIS SUCCESS SECRETS AND
TALKS ABOUT HIS PASSION FOR THE
BEAUTY INDUSTRY
W
ondering where
you can find a great
manicurist, brow
artist or hairstylist in
Singapore? There’s an
app for that. It’s called Vanitee, and
it connects customers with the best
beauty service providers on the island.
You can save time and trouble by
choosing highly rated beauty artists,
booking salon appointments or house
calls, and paying for your services
– all through the one app.
12
Insider I IN PROFILE
Entrepreneur Douglas (second from
right), with the Vanitee team
Hire a beauty
pro quick as
a click
were many talented and
dedicated manicurists,
makeup artists, massage
therapists, and the like
out there, and I wanted
to connect them with
people who were always
looking for the best of
such service providers.
It’s not just about making
money or selling someone
a treatment package; the
beauty artists on Vanitee
really strive to make their
clients look and feel good.
QWhat’s your advice for
new entrepreneurs?
If you want to start
something, go all in or
don’t bother. Second,
ideas are cheap.
Execution is what really
matters. Third, think
about what you’ll do when
your business has grown
– you must be willing to
bring together different
kinds of people to help
you take the business to
the next level.
QWhat drives you to
come up with amazing
business ideas?
I’ve always wanted to
make an impact on the
world. I didn’t want to
stand on the sidelines
and wait for things to
happen. I wanted to be in
the centre of the action,
and to be in a position
where I could invent and
make people’s lives easier.
Some innovations have
a novelty factor, but my
innovations are, I believe,
purposeful and practical.
QWhy does the beauty
industry appeal?
Beauty is such an
interesting industry and
there are so many services
out there. It’s also that
the beauty industry is
recession proof – in a
bad economy, people
are still known to spend
money on beauty
products and services.
I knew that there
virtual salon. The average
salon in Singapore has
five beauty professionals;
Vanitee has more than
1,700, which translates to
340 salons island wide.
QHow did you come up
with the idea for it?
At the time, my partners
and I were running
VanityTrove, a social
network for people who
loved beauty products.
We noticed a gap in
the market for beauty
services and thought: you
can book a movie ticket
or a hotel room online
quite easily, but why is it
so hard to locate a good
beauty service provider?
People wanted more than
just to read reviews of
beauty salons on the net.
They wanted to know
where they could find the
best and most affordable
beauty services in their
area. It took us six months
to bring our idea to life.
Douglas Gan, co-founder,
CEO and chairman of
Vanitee, launched the app
in May 2015. Since then, it
has won multiple awards
and partnered with major
mobile applications
and banks in Singapore.
In the first quarter of this
year, it was handling more
than S$20,000 a day.
QWhat makes Vanitee
special?
Vanitee makes life easier
for Singapore-based
beauty service providers
and their customers – I
like to think of it as a huge
jetstarMAGAZINETAIWANIAUSTRALIAICHINAIVIETNAMSEPTEMBER2016
MAGAZINESEPTEMBER 2016
Sept 2016
>40 News Coverages
Aug 2015 Aug 2015 Dec 2015
Sep 2015
Jun 2016Oct 2015
PAYPAL BATTLEHACK 2014 (SG)
3rd Place
HER STARTUP 2016 (US)
Winner Ascendas-Singbridge
ASIA BEAT (XIAMEN) 2016
1st Place eCommerce track
Awards & Achievements
SINGAPORE BUSINESS
REVIEW
Top 20 Hottest Startups 2016
Concierge Services for Samsung’s Wellness Week
Our Business Is Rooted In Supporting For A Social Cause
What Our Users Have To Say
“After I made my booking, the app recorded my appointment under “Bookings”. I like it that they
indicated the duration of the service, and I can inform my boyfriend regarding the time to pick me
up. Also, the location and map is also provided within the app, I was able to find the shop with ease.”
Ying Jie
“After browsing through the works and artists for the new trends on eyelash extensions, i found
sweetbliss! Prices for all beauty services on Vanitee are listed clearly and all beauty artists have been
verified by Vanitee. So no worries of getting cheated by hidden charges or anything.”
Siu Yin
“Patricia was very professional and friendly. I was a little undecided on the colour and she has really
good patience with me! I am really satisfied with her service and as a Vanitee member, you get to
review your nail artist on the app.”
Michelle
“It was a refreshing experience compared to so many salons which try to push more expensive
packages onto customers.”
Michelle
Contact:
Xiao Shi Kuik, COO
xs@vanitee.com
Evelyn Pek
evelyn.pek@vanitee.com

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05 21회오픈업 발표자료_Vanitee

  • 1. Asia’s Leading Beauty & Wellness Marketplace Community
  • 2. OUR MISSION Make It Easy For Beauty Artists To Build Their Dream Business So That The World Can Feel Amazing
  • 3. Singapore-based mobile-first marketplace technology company that is focused on beauty & wellness with a strong female customer base
  • 4. Beauty Artists Community Is Large And Steadily Going Online 300,000 manicurists online 1,200,000 hairdressers online Japan 448,000 beauty artists 23,447 beauty artists 300,000 beauty artists South Korea Malaysia Singapore Source: Luxasia research estimates, @Cosme estimates, Hot Pepper Beauty estimates, Statistics Korea, IRAS Singapore, Vanitee estimates, Trinity College Estimates, Cosmoprof estimates
  • 5. Beauty Service Market Is A High-Margin Billion-Dollar Opportunity Source: Statistic Korea, IBIS World, ASEAN Beauty Industry, Ministry of Commerce China (HKTDC Research) Global Spa and Wellness Economy Monitor (2013), HKEx News, Directorate-General of Budget, Account and Statistics of Taiwan *Malaysia estimate based on Intelligent Spa’s 2002 data of $50 mn in 2002 with 40% CAGR growth rate Global Beauty & Wellness Service Market Size (Nail, Hair, Spa, Wellness, Fitness and others) is estimated as US$4Trillion+ Australia US$4B+ Singapore US$2B+ China US$160B+ South Korea US$13B+ Japan US$20B+ Philippines US$1.5B+ Hong Kong US$4.5B+ Taiwan US$1.8B+ Malaysia US$1B+
  • 6. Vanitee’s Proprietary Mobile-First Product AndroidApple iOS Search/Filter Service Listing & Pricing Portfolio Real Reviews Real-time Chat
  • 7. Ease To Find The Best Beauty & Wellness Talents Search/Filter with Location Make A Booking Recommend Artist
  • 8. We Know Our Customers And What They Buy 95% Female US$90 Average Order Value 52% >$30k Income 93% 18-44 years old 23% Consume at least 1 beauty service per week 50% Repeat Customer Rate
  • 9. Major Partnerships Credit Cards Commercial Collaborations Magazines & Press Beauty Brands Beauty Schools
  • 10. 10 Strong Entrepreneurial Team Co-founder & CEO Douglas Gan Founder of ShowNearby, web hosting, online forum, hardware trading business companies Responsible for vision / strategy, product design, PR, recruiting, fundraising Co-founder & CTO Peng Kong Choy CTO at ShowNearby, Managed Volkswagen Asia account at Consortium Interactive Digital Agency Responsible for creation and execution of technology roadmap Co-founder & COO Xiao Shi Kuik The Capital Group Companies, CLSA Asia- Pacific Markets Responsible for operations, finance, strategy, creative, fundraising B2B Senior Marketing Joanne Teo CEO, co-founder of mefitted.com Pricewaterhousecoopers, Mergers & Acquisition Tax University of Melbourne, Masters of Law Head of Product Natalie Loh Co-founder of Crowdbeats.rocks, Front-end web developer, Reading Room. Head of Artist Care & Happiness Jeffrey Poh Ops Manager at CertisCISCO and Industry development at Civil Aviation Authority of Singapore Co-founder & Head of Mobile Meters Ang Founder of Tea Party Time app. Senior Developer at ShowNearby. Acquisitions:
  • 11. Experienced Investors in Tech and Beauty Samuel Lim CEO & Co-founder Natasha Foong Co-founder Board Member Robert Yap Chairman Patrick Chong CEO Forrest Li Founder & CEO Kei Sugawara CFO
  • 12. Jetstar Asia Airlines Magazine Coverage Insider I IN PROFILE 11 INTERVIEWSASHAGONZALES Located in 90 acres of South-East Asia M A R L B O R O U G H C O L L E G E M A L A Y S I A AGreat British Education Pupils are taught a British curriculum from British educators who know the value of heritage and tradition. For over 170 years Marlborough College has been synonymous with a first-class British boarding education. Now in 90 acres of South-East Asia we offer our pupils the same opportunity to learn and to grow from the wisdom of those who have gone before them. We are a co-educational Preparatory and Senior School offering an outstanding education for pupils aged 4-18. For details of our forthcoming Admissions Events in Singapore on 3rd October and Marlborough College Malaysia on 5th October visit: w w w.m arlboroughcollege.my star-september-2016_Layout 1 21/6/16 12:14 PM Page 1 The beauty artists on Vanitee really strive to make their clients look and feel good IT’S A BEAUTIFUL LIFE DOUGLAS GAN, CO-FOUNDER OF BEAUTY SERVICES APP VANITEE, SHARES HIS SUCCESS SECRETS AND TALKS ABOUT HIS PASSION FOR THE BEAUTY INDUSTRY W ondering where you can find a great manicurist, brow artist or hairstylist in Singapore? There’s an app for that. It’s called Vanitee, and it connects customers with the best beauty service providers on the island. You can save time and trouble by choosing highly rated beauty artists, booking salon appointments or house calls, and paying for your services – all through the one app. 12 Insider I IN PROFILE Entrepreneur Douglas (second from right), with the Vanitee team Hire a beauty pro quick as a click were many talented and dedicated manicurists, makeup artists, massage therapists, and the like out there, and I wanted to connect them with people who were always looking for the best of such service providers. It’s not just about making money or selling someone a treatment package; the beauty artists on Vanitee really strive to make their clients look and feel good. QWhat’s your advice for new entrepreneurs? If you want to start something, go all in or don’t bother. Second, ideas are cheap. Execution is what really matters. Third, think about what you’ll do when your business has grown – you must be willing to bring together different kinds of people to help you take the business to the next level. QWhat drives you to come up with amazing business ideas? I’ve always wanted to make an impact on the world. I didn’t want to stand on the sidelines and wait for things to happen. I wanted to be in the centre of the action, and to be in a position where I could invent and make people’s lives easier. Some innovations have a novelty factor, but my innovations are, I believe, purposeful and practical. QWhy does the beauty industry appeal? Beauty is such an interesting industry and there are so many services out there. It’s also that the beauty industry is recession proof – in a bad economy, people are still known to spend money on beauty products and services. I knew that there virtual salon. The average salon in Singapore has five beauty professionals; Vanitee has more than 1,700, which translates to 340 salons island wide. QHow did you come up with the idea for it? At the time, my partners and I were running VanityTrove, a social network for people who loved beauty products. We noticed a gap in the market for beauty services and thought: you can book a movie ticket or a hotel room online quite easily, but why is it so hard to locate a good beauty service provider? People wanted more than just to read reviews of beauty salons on the net. They wanted to know where they could find the best and most affordable beauty services in their area. It took us six months to bring our idea to life. Douglas Gan, co-founder, CEO and chairman of Vanitee, launched the app in May 2015. Since then, it has won multiple awards and partnered with major mobile applications and banks in Singapore. In the first quarter of this year, it was handling more than S$20,000 a day. QWhat makes Vanitee special? Vanitee makes life easier for Singapore-based beauty service providers and their customers – I like to think of it as a huge jetstarMAGAZINETAIWANIAUSTRALIAICHINAIVIETNAMSEPTEMBER2016 MAGAZINESEPTEMBER 2016 Sept 2016
  • 13. >40 News Coverages Aug 2015 Aug 2015 Dec 2015 Sep 2015 Jun 2016Oct 2015
  • 14. PAYPAL BATTLEHACK 2014 (SG) 3rd Place HER STARTUP 2016 (US) Winner Ascendas-Singbridge ASIA BEAT (XIAMEN) 2016 1st Place eCommerce track Awards & Achievements SINGAPORE BUSINESS REVIEW Top 20 Hottest Startups 2016
  • 15. Concierge Services for Samsung’s Wellness Week
  • 16. Our Business Is Rooted In Supporting For A Social Cause
  • 17. What Our Users Have To Say “After I made my booking, the app recorded my appointment under “Bookings”. I like it that they indicated the duration of the service, and I can inform my boyfriend regarding the time to pick me up. Also, the location and map is also provided within the app, I was able to find the shop with ease.” Ying Jie “After browsing through the works and artists for the new trends on eyelash extensions, i found sweetbliss! Prices for all beauty services on Vanitee are listed clearly and all beauty artists have been verified by Vanitee. So no worries of getting cheated by hidden charges or anything.” Siu Yin “Patricia was very professional and friendly. I was a little undecided on the colour and she has really good patience with me! I am really satisfied with her service and as a Vanitee member, you get to review your nail artist on the app.” Michelle “It was a refreshing experience compared to so many salons which try to push more expensive packages onto customers.” Michelle
  • 18. Contact: Xiao Shi Kuik, COO xs@vanitee.com Evelyn Pek evelyn.pek@vanitee.com