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Explore our online luxury watch platform with social media presence for pre-owned and new watches. Recent seed funding completed successfully. Discover our unique sales process and international sales ventures.
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INVESTORS UPDATE JULY 2015
SEED FUNDING COMPLETE We have officially closed the seed funding round and our net cash position at this stage should last us until the next round (end of year)
REMINDER WHO WE ARE An online platform, with a social media extension (Facebook, Instagram, Twitter and YouTube) focused on ease of use, customer satisfaction, and offering a wide variety of luxury watches choices. The system is based on “no inventory” basis. We represent retailers who hold the stock at their shops, or individuals who keep the watches at their safe places A premium marketplace for “pre-owned” and “brand new” luxury watches providing the ability for clients to view, sell and purchase watches using a well structured sales process. Personalized sales representative with option for private viewing Trust and credibility established through dealing only with watches that have box and papers 1 2 3 4 5
SALES !! 8 PIECES SOLD 6 INVENTORY / 2 SOURCING 2 SOURCING SALES 6 INVENTORY SALES 2 1 3 1 2 4 5 6 OUR FIRST INTERNATIONAL SALE!
SOURCING INVENTORY 1 2 3 4 5 Primarily shifted focus from individuals to retailers with 3 retailers on board currently Unique pieces from individuals with box and papers will continue to be accepted Security agreements issued with retailers facilitating access to inventory for tryouts and customer viewing Capability of sourcing timepieces at much better rates than retail Identified dealers with knowledge and expertise in the local market, above and beyond local stores
Operational UPDATE 1 2 3 4 5 New Web Developers on board Digital Sapiens http://www.digitalmediasapiens.com/homepage-2/Redesigning the website and implementing Arabic Version Search Engine optimization and proper alignment with Google Ads and Facebook E-Commerce integration on the way with different partners considered for optimal soultion Shipping company “Speedex” on board for national and international shipments Insurance companies currently pitching for all shipments and Watches transportation
MARKETING & PR 1 Google Ads Expert Nicki Stanton http://nickistanton.com/ currently handling Google Ads – Ad Words and Display - Appendix at the end of the presentation on Ad words
…MARKETING & PR Facebook Advertising and posts, resulted in uplift to 5,000 likes and better interaction with posts. 2
…MARKETING & PR 3 4 Instagram Push resulted in uplift to 10,000 Followers Publiseek – PR company on board as of first of July
VIDEO CONTENT! 1 2 Sample: https://www.youtube.com/watch?v=QSYr8O31zo8 YouTube page launched in collaboration with “Arab Watch Guide” or AWG Informational videos about specific models providing better boost for inventory
NEXT STEPS 1 2 3 4 DRIVE SALES TO 4-5 PIECES PER MONTH AFTER RAMADAN FIND SOLID APP DEVELOPER IN EXCHANGE OF EQUITY APPLY FOR SECOND ROUND OF FUNDING BY END OF YEAR FOCUS ON DRIVING BETTER TRAFFIC / AWARENESS ACROSS ALL PLATFORMS
Visitors to Website Adwords is 54% of total visitors to website from beginning of new campaigns 3,928 new people to the website from Adwords Number of people who arrived and then immediately left the site because it wasn’t what they were looking for was 8% = excellent score meaning traffic is now highly targeted 1 2 3
Results since start of New campaigns 28 May 2015 1 2 3 Total Page Views = 19,832 Total New Visitors = 3,928 All visitors now on remarketing list – Can now be followed around the internet. Google’s data shows that most visitors need to see an advertisement 5 times before they decide to buy
Text Ads – Rolex Search At the top of the search for “Rolex In Dubai”
Display Ads On FashionStyleMag.com