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My Board Locker
  Increasing
  board sales by
  reducing the
  purchase risk

My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
My problem
                    I just broke ‘old faithful’ and
                    the waves are still predicted to
                    be good for the next few days

                                      my options                           1. borrow from a friend (free)
                                                                           2. buy a new board ($600)




                                                                                                                                       or
                                                                           3. buy a used board ($300 + time)




My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
My Board Locker
                                                                                                                                              My Board Locker
             • Research
             • Reserve                                                                                                                                     Reservations &
                                                                                                                                                          Recommendations




             • Try                                                                                                                              Inventory Management




             • Buy                                                                                                                                 Feedback & demo days
                               (through shops)
My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
The Risk involved in a surfboard
                                                                      Problem
                                   purchase Inhibits sales
                                                                                                                                  Surfer
                                                                                                                                  High Cost,
       New Boards                                                                                                                 High Risk,
         can cost                                                                                                                 No Recourse

        over $700

                                                                                                                                                                     Retailer
         Manufacturer
                                                                                                                                                                     Low margins,
         great products,
                                                                                                                                                                     low inventory turns,
         low sales volume
                                                                                                                                                                     limited space




My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
Solution
                                         REDUCE the risk. . . . .and INCREASE sales

                   INFORMATION ACCESS
                   • shaper recommendations
                   • user feedback
                   • board comparisons

                   TRY IT!
                   • Easy access to demos
                   • various models
                   • various dimensions

                   INCENTIVIZE!
                   • 2 week ‘buy’ incentives
                   • Push new models
                   • Push ‘2nd’ board

My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
how it works
                                                                     My Board Locker

                                      boards
                                     customers                                                                                                        reduced risk                           shop A
                                                                                  Reservations &
                                                                                 Recommendations


                                 rackspace
                             sales increase
                                                                                                                                                          more sales                         shop B
                                                                        Inventory Management




                                                                        Feedback & demo days                                                                                                 shop C
My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
how it works
                                                                                        Boards are reserved in
                                                                                        advance through website &
                                                                                        mobile devices




                                                                                        Boards available at a
                                                                                                                OR
                                                                                        location can be rented on
                                                                                        the spot in the store
                        In-Store
My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
how it works
                                                       1. Reserved boards are located
                                                          either in regional warehouse or
                                                          at local shops and provisioned

                                                                2. The reserved boards are
                                                                   relocated to the ‘pick-up’
                                                                   location at regular intervals

                                                                          3. The surfer picks up &
                                                                             returns the board at the
                                                                             location they selected
My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
Website rental
            Welco me tom y b o a r d l o c k e r. c o m
                                                                                                                    right board, right place, right time!

                           My Shaper                                                Go to my account
                                                                                        email address

                                                                                        password

                                                                                          Sign me up
                                                                                           I’m new
                 Ask Nev Ask Al

                Check out                                                             Check out
                   our                                                                   our
                Inventory                                                             Locations
My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
website rental
                                                                                     Users can search for
                                                                                     boards by size, brand, type
                                                                                     (ie ‘fish’), location, etc


     Site Functionality:
     • create profiles
     • have favorite boards & locations
     • saved account info for quick rentals
     • post board reviews & recommendations

My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
In store rental
                        Welcome to MyBoardLocker

                                                                                                                                                                           In-Store iPad
             touch here                                                                       touch here
                                                                                                                                                                           terminal to
              to rent a                                                                       to return a                                                                  rent on the
        CLICK surfboard                                                                        surfboard                                                                   spot & view
                      MyBoardLocker gives you the ability to ‘try’ before you ‘buy’. You
                                                                                                                                                                           other
                      can demo boards available in this store or reserve one to try later
                           this week. Touch the green button above to get started
                                                                                                                                                                           inventory


My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
win                        winW I N
                                                   • Reduced purchase risk
                                                   • Try alternative designs



                                                                                                          • New customers
                                                                                                          • Customer feedback
                                                                                                            on models
                                                                                                          • Increased per-capita
                                                                                                            surfboards



                                                                                                                                                        • Differentiation
                                                                                                                                                        • Customer loyalty
                                                                                                                                                        • Increased sales

My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
growth potential
                                               Orange                                                                                                                LA &
                                               County                                                                                                                Ventura
                                               (4) I                                                                                                                 (5)
                                                             II                                                                                                                                                      III
                                                   se     se                                                                                                                                         se
                                               P ha   P ha                                                                                                                                         ha
                                                                                                                                                                                                  P



                                                San Diego                                                                                                           Santa Cruz (2)
                                                County                                                                                                              Hawaii (3)
                                                (4)                                                                                                                 East Coast (8)
                                                                                                                          boardless                                 WaveHunters
                                                                                                                             surf                                   Australia
                                                                                                                            travel                                  France / Spain
                                                                                                                                                                    S. Africa
My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
long term Vision
                                New                                                                                                              Rentals
                                   • try out new models                                                                                                      • short term use
                                                                                                                                                             • travelers

                                                                             cradle to
                                                                            grave care
    Recycle                                                                for a surfer’s                                                                                   Repair
       • partner for                                                                                                                                                        • low rates
           eco-friendly disposal                                            best friend                                                                                     • easy check in/out




                           Re-purpose                                                                                                        Re-use
                                                                                                                                                  • used board marketplace
                                • donate to camps or third world
My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
My
                                                                                                                                          Board
                                                                                                                                          Locker
My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation

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MyBoardLocker.com - vision

  • 1. My Board Locker Increasing board sales by reducing the purchase risk My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
  • 2. My problem I just broke ‘old faithful’ and the waves are still predicted to be good for the next few days my options 1. borrow from a friend (free) 2. buy a new board ($600) or 3. buy a used board ($300 + time) My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
  • 3. My Board Locker My Board Locker • Research • Reserve Reservations & Recommendations • Try Inventory Management • Buy Feedback & demo days (through shops) My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
  • 4. The Risk involved in a surfboard Problem purchase Inhibits sales Surfer High Cost, New Boards High Risk, can cost No Recourse over $700 Retailer Manufacturer Low margins, great products, low inventory turns, low sales volume limited space My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
  • 5. Solution REDUCE the risk. . . . .and INCREASE sales INFORMATION ACCESS • shaper recommendations • user feedback • board comparisons TRY IT! • Easy access to demos • various models • various dimensions INCENTIVIZE! • 2 week ‘buy’ incentives • Push new models • Push ‘2nd’ board My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
  • 6. how it works My Board Locker boards customers reduced risk shop A Reservations & Recommendations rackspace sales increase more sales shop B Inventory Management Feedback & demo days shop C My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
  • 7. how it works Boards are reserved in advance through website & mobile devices Boards available at a OR location can be rented on the spot in the store In-Store My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
  • 8. how it works 1. Reserved boards are located either in regional warehouse or at local shops and provisioned 2. The reserved boards are relocated to the ‘pick-up’ location at regular intervals 3. The surfer picks up & returns the board at the location they selected My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
  • 9. Website rental Welco me tom y b o a r d l o c k e r. c o m right board, right place, right time! My Shaper Go to my account email address password Sign me up I’m new Ask Nev Ask Al Check out Check out our our Inventory Locations My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
  • 10. website rental Users can search for boards by size, brand, type (ie ‘fish’), location, etc Site Functionality: • create profiles • have favorite boards & locations • saved account info for quick rentals • post board reviews & recommendations My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
  • 11. In store rental Welcome to MyBoardLocker In-Store iPad touch here touch here terminal to to rent a to return a rent on the CLICK surfboard surfboard spot & view MyBoardLocker gives you the ability to ‘try’ before you ‘buy’. You other can demo boards available in this store or reserve one to try later this week. Touch the green button above to get started inventory My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
  • 12. win winW I N • Reduced purchase risk • Try alternative designs • New customers • Customer feedback on models • Increased per-capita surfboards • Differentiation • Customer loyalty • Increased sales My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
  • 13. growth potential Orange LA & County Ventura (4) I (5) II III se se se P ha P ha ha P San Diego Santa Cruz (2) County Hawaii (3) (4) East Coast (8) boardless WaveHunters surf Australia travel France / Spain S. Africa My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
  • 14. long term Vision New Rentals • try out new models • short term use • travelers cradle to grave care Recycle for a surfer’s Repair • partner for • low rates eco-friendly disposal best friend • easy check in/out Re-purpose Re-use • used board marketplace • donate to camps or third world My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation
  • 15. My Board Locker My Board Locker concept description for discussions. Proprietary and Confidential Information of MyBoardLocker.com and shall not be used, disclosed or reproduced in full or in part, for any purpose other than evaluation