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Rewarding friends for shared experiences
What is Threep?
Threep is a mobile application that rewards users for having the
shared experience of visiting your restaurant.
Promotions are based on 3 or more people demonstrating they are
together at the same place and/or time (known as “Threeping”).
The reward can be any digital content (coupon, mp3, video, etc.) but
is often a retail discount.
A tiered rewards program allows users to unlock better rewards and
discounts the more they Threep.
Threep Provides
• A solid monetization plan from day 1
• Brand advertising in a way that users welcome
  instead of just tolerate
• A meaningful response to the accusation that
  technology is increasing loneliness and isolation
Threep Process
Users “Threep” a promotion by visiting a
participating restaurant in a group of 3 or
more and hitting the Threep button on
their mobile devices at the same time.

A “snapshot” is taken of the users’ time,
location, and selected promotion, which is
compared to the Threeps of others on the
user’s Threep contact list to look for two
or more matches.

If the matches are found, a success
message is sent to the user’s mobile. A QR
code (or link to online content) is
simultaneously generated and delivered to
the user which is used to collect on the
promotion.

Promotional codes are verified by each
retailer using a specialized Retailer App
installed on each retailer’s mobile device
(smartphone or tablet).
Retailer App
The Retailer App verifies the QR codes that
users present to redeem a Threep
promotion. It runs on any smart device (iOS
or Android) and is utilized at the POS
terminal.

The employee scans the user’s QR code
using the camera on the smart device. The
QR code is then displayed as verified (or
rejected if no longer valid). Once a QR code
is verified, it is marked as such in our
database and cannot be redeemed again.

Retailer is billed by Threep for number of
redeemed (verified) QR codes. For Mass
Threeps where QR codes are not utilized,
Retailers are billed by number of users who
Threep within the prescribed time window.
3 Types of Threeps: Retail, Mass, Personal
                             Retail                                  Mass                              Personal
Description:     3 or more friends Threep a             Unconnected users Threep a               Virtual “scavenger hunts”
                 promotion at a common location         promotion at a common time               created by users
                 to receive a                           and/or location to receive a
                 discount/upgrade/reward                discount/upgrade/reward
Threeped by:     3 or more friends linked in a          Any Threep user who is at the right      Friends on creator’s contact
                 common contact list chain:             place at the right time                  list


Ideal setting:   Restaurants, cafés, any retail store   Concerts, events, Television             Anywhere
                 where people shop in groups            broadcasts

Limited by:      Group criteria: 3 or more people       Time criteria: Time window               User created criteria can be
                 Time criteria: Threep within 10        established by promotion (i.e. “in the   group and/or time and/or
                 seconds of one another                 next 10 minutes…”) -and/or-              location based
                 Location criteria: same location       Location criteria: same location or
                                                        nation-wide (depending on promo)

Monetization     Retailer pays $0.15 per redeemed       Retailer pays $0.15 per redeemed         Targeted advertising
plan:            Threep (minimum; negotiable            Threep (minimum; negotiable              delivered to mobile
                 based on product)                      based on product)                        handset

Benefit to       Retail discount/upgrade,               Discount/upgrade/reward,                 Digital reward uploaded by
user:            Unlock new promotions                  Unlock new promotions                    creator. Also: fun!
Benefit to       Increased traffic at location          Increased traffic at location            N/A
retailer:        Increased customer loyalty                 (if applicable)
                 User data provided (demographic,       User data provided (demographic,
                 past Threeps)                          past Threeps)
Mass Threep - Sample




             A TV series offers a Threep promotion
             for their next episode. Viewers are
             instructed to watch for the Threep
             window during the episode.
             When the Threep logo appears,
             viewers Threep the promotion on
             their mobile device and are rewarded
             with bloopers or behind-the-scenes
             footage from the episode.
Leveling & Rewards System




Users gain Experience Levels
and earn virtual trophies for
                                  Certain levels grant “keys”
using Threep
                                  which can be used to unlock      Virtual trophies awarded for
                                  new features                     various accomplishments or
Each level has certain
requirements which                                                 competitions
                                  Example feature: Random
encourage users to fully
                                  free reward granted (i.e. Free   Example trophy: Most
explore all the features of
                                  coffee) when Threeping (1 in     Threeps (nationwide) in 1
Threep, and promote higher
                                  15 chance)                       week.
shared usage
Business Model
Retail Threep fee
  Minimum $0.15 per redeemed Threep
  (negotiable with Retailer). Collected
  for both Retail and Mass Threep
  promotions.
Branded Theme fee
  Minimum $0.15 per redeemed Threep
  (negotiable with Brand). Collected for
  both Retail and Mass Threep
  promotions Threeped while user has
  Branded Theme installed.
Ad income (personal Threeps)
  Ads delivered to users while
  participating in Personal Threeps.

  In-App Purchases
   Keys can be purchased ($0.99
   each) to access locked features in
   Threep’s leveling system
Market Size
Limited to:
1. Smart device users
    – growing market
    – texting option to
      be added

2. People who are:        Approx. $400 billion USD in retail/food sales
   Retail shoppers       per month for 2011/2012 (in USA alone)
   Restaurant patrons    Source: United States Department of Commerce
                          (http://www.esa.doc.gov/economic-indicators/economic-indicators)

   TV/Movie viewers
                                                        TV viewership (USA): 28
                                                        hours/person/week
3. People who know                                      Movie viewership (USA):
   at least 2 others                                    1.3 billion tickets sold
   who share the                                        per year
   qualities above
Retailer Benefits
1. Increased traffic
    Customers who would typically visit as a
    single or couple are incentivized to invite
    at least 1 other person to join them.
2. Customer loyalty
    As long as customers visit in a group, they
    can Threep the same promotion over and
    over. This encourages repeat visits and
    loyalty to your business.
3. Personal data
    Retailer is provided with personal data
    (age, gender, other promotions Threeped)
    for each user who redeems a promotion
    through Retailer Dashboard.
4. Minimal cost
    Threep fee ($0.15) designed to allow
                                                  ?
    reasonable profit for each redeemed
    promotion even after discount.
Key:
 Advantage                                                       Competition
 Disadvantage


 Feature
                                                                                                                                                 Varies based on retailer. Most
Proprietary hardware for                                                                                                                          often a code is shown at POS.
                                             Smartphone                   No (location based check-in)                      No
Merchant?                                                                                                                                        Also scanners installed to track
                                                                                                                                                            walk-ins.
Provide discount at POS                          Yes                            Yes (verification?)             No - Prepaid web purchase                      Yes
User Initiated Checkin                    Yes - Threeping                  Yes - Check in through app                       N/A                                No
Passive Checkin                                  No                                     No                                  N/A                                Yes
Collect/Share Personal Info with    Gender, Age, Other redeemed                                                No - only collected for future
                                                                                  Gender only                                                               Unknown
businesses                                    promos                                                                 Groupon promos
                                                                                                                                                 Varies based on retailer. Some
Private info shared w/businesses
                                                  No                                   No                                   No                    require mobile number to be
(email, phone, etc.)
                                                                                                                                                              shared.
Retail Client support                             Yes                                  Yes                                  Yes                                 Yes
                                    Yes - Advertising directly, sales    Yes - Advertising directly, sales                                       Potentially (by scanning certain
Brand Client support                                                                                                        No
                                              indirectly                           indirectly                                                            items in-store)
Event support                                     Yes                                  Yes                           Yes (potentially)                          No
TV promo support                                  Yes                                   No                                  No                                  No
                                                                                                                                                 Low - medium - Earning kicks by
                                                                          High - Check in from outside
Potential to "Game the system"                    Low                                                                      Low                     walking near stores but not
                                                                                     venue
                                                                                                                                                         entering them
                                                                                                                Limited - Track redeemed
Merchant login/dashboard                     Yes (planned)                             Yes                                                                  Unknown
                                                                                                                coupons and money spent
Encourages repeat business                        Yes                                  Yes                                  No                                 Yes
Incentive to introduce friends to                                                                                                                    Medium - earn kicks for
                                                  High                  Medium - limited group promos                      Low
business                                                                                                                                             introductions (implied)
Incentive to introduce friends to                                       Medium - required to find friends                                            Medium - earn kicks for
                                                  High                                                                      No
app                                                                                on map                                                            introductions (implied)
Promo available with every visit?   Yes (with group of 3 or more)                      No                          No (one time offers)           Potentially, but limits are set
                                                                                                               Poor - businesses often lose
                                          $0.15 per Threep
Monetization method                                                       None presently (but planned)         money running promotions.                    Unknown
                                       success based payment
                                                                                                             Groupon also operating at a loss.
Gamification Factor                               High                           Medium - High                             Low                                 High
                                                                                                                                                         Currently best
Misc                                                                    Location focused, stalking factor        Value since IPO dropped
                                                                                                                                                      competitor to Threep
Marketing Plan
1. Partner retailers
    Signage in all locations
    offering retail promotions
2. Online campaign
•   Viral video in development
•   Board connections to M&C
    Saatchi and SEO organizations
•   Social networking sites
    (Facebook, Twitter, etc.)
3. User marketing
    Users incentivized to
    introduce app to friends
    through rewards program
4. Public Interest Articles
    Articles relating to use of
    technology in building and
    maintaining healthy social
    connections
Current Status
1.    iOS Prototype
•     Ready for market testing
•     In iOS App Store (“Threep Lite”)
2.    Android Prototype
•     75% complete
3.    Backend Database
•     Retail and Mass Threep
      functionality in place
•     Retailer dashboard in beta
      phase of development
4.    Retail Partners
      Currently in preliminary
      discussions with top food
      industry groups and retail chains
5.    Funding
•     $80,000 from founder for
      prototype development
•     Seeking $2 mill for Series A
      funding
Management Team
•   Darren Conley (founder) – CEO & President
     –   Innovative entrepreneur from the tech generation
     –   First entry into mobile tech business space
•   Hesham Salah – Senior Vice President & Director, Operations
     –   Extensive career blending strategic planning, international business development and marketing (iBDM),
         project management, and market research
     –   Current CEO of Group IEG in Dubai
•   Ash Narain – Director, Investment
     –   Read law at the Symbiosis Law School, Pune - a leading Indian law school
     –   Has formidable networks and relationships with bankers, investment bankers, and private equity professionals
         across North America, Western Europe, Asia and the Middle East through Directorship of Jeopardy Christ
         Mediations
•   Rowan Schaaf – Director, Marketing
     –   Director of Technology & Innovation at Hypermedia Group, NZ
     –   Former Executive Director of Digital at Ogilvy, NZ
     –   Former Managing Director at Terabyte Interactive Ltd, NZ
•   Dr. Shane Reti – Director, Innovation
     –   COO for the Division of Clinical Informatics (DCI), an affiliate of Harvard Medical School in Boston
     –   GP and Dermatologist, with degrees and diplomas in Obstetrics & Gynecology, Philosophy (Ethics),
         Accounting, and Management & Operations
•   Pete Maher – Chief Financial Officer
     –   Harvard MBA; Former CFO of Magico LLC, International Consolidated Minerals, and Hilo Hattie
     –   Marketing & Licensing Manager at Walt Disney (Asia); Senior Auditor for Levi Strauss & Virage Logic
•   Steven Johnson– Food Industry Expert
     –   Restaurant, Grocery & C-store “Fresh Food Marketing & Positioning expert” with Foodservice Solutions®
     –   Currently spearheading our efforts to develop retail partners in the restaurant industry in the USA.
Three people, one button, endless possibilities
                           www.threep.com
                           www.tiriam.com

                                Contact:
            Steve Johnson: grocerant@q.com (253) 759-7869
          Darren Conley (CEO Tiriam, Inc.): dconley@tiriam.com

                             ©2013 Tiriam, Inc.

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Threep presentation restaurants

  • 1. Rewarding friends for shared experiences
  • 2. What is Threep? Threep is a mobile application that rewards users for having the shared experience of visiting your restaurant. Promotions are based on 3 or more people demonstrating they are together at the same place and/or time (known as “Threeping”). The reward can be any digital content (coupon, mp3, video, etc.) but is often a retail discount. A tiered rewards program allows users to unlock better rewards and discounts the more they Threep.
  • 3. Threep Provides • A solid monetization plan from day 1 • Brand advertising in a way that users welcome instead of just tolerate • A meaningful response to the accusation that technology is increasing loneliness and isolation
  • 4. Threep Process Users “Threep” a promotion by visiting a participating restaurant in a group of 3 or more and hitting the Threep button on their mobile devices at the same time. A “snapshot” is taken of the users’ time, location, and selected promotion, which is compared to the Threeps of others on the user’s Threep contact list to look for two or more matches. If the matches are found, a success message is sent to the user’s mobile. A QR code (or link to online content) is simultaneously generated and delivered to the user which is used to collect on the promotion. Promotional codes are verified by each retailer using a specialized Retailer App installed on each retailer’s mobile device (smartphone or tablet).
  • 5. Retailer App The Retailer App verifies the QR codes that users present to redeem a Threep promotion. It runs on any smart device (iOS or Android) and is utilized at the POS terminal. The employee scans the user’s QR code using the camera on the smart device. The QR code is then displayed as verified (or rejected if no longer valid). Once a QR code is verified, it is marked as such in our database and cannot be redeemed again. Retailer is billed by Threep for number of redeemed (verified) QR codes. For Mass Threeps where QR codes are not utilized, Retailers are billed by number of users who Threep within the prescribed time window.
  • 6. 3 Types of Threeps: Retail, Mass, Personal Retail Mass Personal Description: 3 or more friends Threep a Unconnected users Threep a Virtual “scavenger hunts” promotion at a common location promotion at a common time created by users to receive a and/or location to receive a discount/upgrade/reward discount/upgrade/reward Threeped by: 3 or more friends linked in a Any Threep user who is at the right Friends on creator’s contact common contact list chain: place at the right time list Ideal setting: Restaurants, cafés, any retail store Concerts, events, Television Anywhere where people shop in groups broadcasts Limited by: Group criteria: 3 or more people Time criteria: Time window User created criteria can be Time criteria: Threep within 10 established by promotion (i.e. “in the group and/or time and/or seconds of one another next 10 minutes…”) -and/or- location based Location criteria: same location Location criteria: same location or nation-wide (depending on promo) Monetization Retailer pays $0.15 per redeemed Retailer pays $0.15 per redeemed Targeted advertising plan: Threep (minimum; negotiable Threep (minimum; negotiable delivered to mobile based on product) based on product) handset Benefit to Retail discount/upgrade, Discount/upgrade/reward, Digital reward uploaded by user: Unlock new promotions Unlock new promotions creator. Also: fun! Benefit to Increased traffic at location Increased traffic at location N/A retailer: Increased customer loyalty (if applicable) User data provided (demographic, User data provided (demographic, past Threeps) past Threeps)
  • 7. Mass Threep - Sample A TV series offers a Threep promotion for their next episode. Viewers are instructed to watch for the Threep window during the episode. When the Threep logo appears, viewers Threep the promotion on their mobile device and are rewarded with bloopers or behind-the-scenes footage from the episode.
  • 8. Leveling & Rewards System Users gain Experience Levels and earn virtual trophies for Certain levels grant “keys” using Threep which can be used to unlock Virtual trophies awarded for new features various accomplishments or Each level has certain requirements which competitions Example feature: Random encourage users to fully free reward granted (i.e. Free Example trophy: Most explore all the features of coffee) when Threeping (1 in Threeps (nationwide) in 1 Threep, and promote higher 15 chance) week. shared usage
  • 9. Business Model Retail Threep fee Minimum $0.15 per redeemed Threep (negotiable with Retailer). Collected for both Retail and Mass Threep promotions. Branded Theme fee Minimum $0.15 per redeemed Threep (negotiable with Brand). Collected for both Retail and Mass Threep promotions Threeped while user has Branded Theme installed. Ad income (personal Threeps) Ads delivered to users while participating in Personal Threeps. In-App Purchases Keys can be purchased ($0.99 each) to access locked features in Threep’s leveling system
  • 10. Market Size Limited to: 1. Smart device users – growing market – texting option to be added 2. People who are: Approx. $400 billion USD in retail/food sales  Retail shoppers per month for 2011/2012 (in USA alone)  Restaurant patrons Source: United States Department of Commerce (http://www.esa.doc.gov/economic-indicators/economic-indicators)  TV/Movie viewers TV viewership (USA): 28 hours/person/week 3. People who know Movie viewership (USA): at least 2 others 1.3 billion tickets sold who share the per year qualities above
  • 11. Retailer Benefits 1. Increased traffic Customers who would typically visit as a single or couple are incentivized to invite at least 1 other person to join them. 2. Customer loyalty As long as customers visit in a group, they can Threep the same promotion over and over. This encourages repeat visits and loyalty to your business. 3. Personal data Retailer is provided with personal data (age, gender, other promotions Threeped) for each user who redeems a promotion through Retailer Dashboard. 4. Minimal cost Threep fee ($0.15) designed to allow ? reasonable profit for each redeemed promotion even after discount.
  • 12. Key: Advantage Competition Disadvantage Feature Varies based on retailer. Most Proprietary hardware for often a code is shown at POS. Smartphone No (location based check-in) No Merchant? Also scanners installed to track walk-ins. Provide discount at POS Yes Yes (verification?) No - Prepaid web purchase Yes User Initiated Checkin Yes - Threeping Yes - Check in through app N/A No Passive Checkin No No N/A Yes Collect/Share Personal Info with Gender, Age, Other redeemed No - only collected for future Gender only Unknown businesses promos Groupon promos Varies based on retailer. Some Private info shared w/businesses No No No require mobile number to be (email, phone, etc.) shared. Retail Client support Yes Yes Yes Yes Yes - Advertising directly, sales Yes - Advertising directly, sales Potentially (by scanning certain Brand Client support No indirectly indirectly items in-store) Event support Yes Yes Yes (potentially) No TV promo support Yes No No No Low - medium - Earning kicks by High - Check in from outside Potential to "Game the system" Low Low walking near stores but not venue entering them Limited - Track redeemed Merchant login/dashboard Yes (planned) Yes Unknown coupons and money spent Encourages repeat business Yes Yes No Yes Incentive to introduce friends to Medium - earn kicks for High Medium - limited group promos Low business introductions (implied) Incentive to introduce friends to Medium - required to find friends Medium - earn kicks for High No app on map introductions (implied) Promo available with every visit? Yes (with group of 3 or more) No No (one time offers) Potentially, but limits are set Poor - businesses often lose $0.15 per Threep Monetization method None presently (but planned) money running promotions. Unknown success based payment Groupon also operating at a loss. Gamification Factor High Medium - High Low High Currently best Misc Location focused, stalking factor Value since IPO dropped competitor to Threep
  • 13. Marketing Plan 1. Partner retailers Signage in all locations offering retail promotions 2. Online campaign • Viral video in development • Board connections to M&C Saatchi and SEO organizations • Social networking sites (Facebook, Twitter, etc.) 3. User marketing Users incentivized to introduce app to friends through rewards program 4. Public Interest Articles Articles relating to use of technology in building and maintaining healthy social connections
  • 14. Current Status 1. iOS Prototype • Ready for market testing • In iOS App Store (“Threep Lite”) 2. Android Prototype • 75% complete 3. Backend Database • Retail and Mass Threep functionality in place • Retailer dashboard in beta phase of development 4. Retail Partners Currently in preliminary discussions with top food industry groups and retail chains 5. Funding • $80,000 from founder for prototype development • Seeking $2 mill for Series A funding
  • 15. Management Team • Darren Conley (founder) – CEO & President – Innovative entrepreneur from the tech generation – First entry into mobile tech business space • Hesham Salah – Senior Vice President & Director, Operations – Extensive career blending strategic planning, international business development and marketing (iBDM), project management, and market research – Current CEO of Group IEG in Dubai • Ash Narain – Director, Investment – Read law at the Symbiosis Law School, Pune - a leading Indian law school – Has formidable networks and relationships with bankers, investment bankers, and private equity professionals across North America, Western Europe, Asia and the Middle East through Directorship of Jeopardy Christ Mediations • Rowan Schaaf – Director, Marketing – Director of Technology & Innovation at Hypermedia Group, NZ – Former Executive Director of Digital at Ogilvy, NZ – Former Managing Director at Terabyte Interactive Ltd, NZ • Dr. Shane Reti – Director, Innovation – COO for the Division of Clinical Informatics (DCI), an affiliate of Harvard Medical School in Boston – GP and Dermatologist, with degrees and diplomas in Obstetrics & Gynecology, Philosophy (Ethics), Accounting, and Management & Operations • Pete Maher – Chief Financial Officer – Harvard MBA; Former CFO of Magico LLC, International Consolidated Minerals, and Hilo Hattie – Marketing & Licensing Manager at Walt Disney (Asia); Senior Auditor for Levi Strauss & Virage Logic • Steven Johnson– Food Industry Expert – Restaurant, Grocery & C-store “Fresh Food Marketing & Positioning expert” with Foodservice Solutions® – Currently spearheading our efforts to develop retail partners in the restaurant industry in the USA.
  • 16. Three people, one button, endless possibilities www.threep.com www.tiriam.com Contact: Steve Johnson: grocerant@q.com (253) 759-7869 Darren Conley (CEO Tiriam, Inc.): dconley@tiriam.com ©2013 Tiriam, Inc.