NextBrandz - Indias 1st pre commerce product launch platform

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India’s 1 st Pre-Commerce Exclusive Product Launch Platform

Transcript of NextBrandz - Indias 1st pre commerce product launch platform

Page 1: NextBrandz  - Indias 1st pre commerce product launch platform

India’s 1st Pre-CommerceExclusive Product Launch Platform

Page 2: NextBrandz  - Indias 1st pre commerce product launch platform

Our Inspiration

• Some good innovative product launch failed via Retail & e-Commerce.

• Big Retail outlets seeks large shelf placement cost with lowest visibility.

• Small retail store rejects the new brand product in 90+ % cases

• E-Commerce posed visibility challenges & high advertising cost.

• The product launch eco-system was throwing multiple challenges

• Eventually triggered an idea of having an exclusive retail product launch platform.

THE JOURNEY BEGINS…

• A need was felt to have a dedicated product launch platform

• A platform to exists before e-Commerce or Retail stage. Kind of Pre- eCommerce

platform. Coined the word Pre-Commerce.

• A platform for exclusive new innovative product launches/ new brands that have

potential to be “brands of tomorrow”. Thereby got the word “Next Brands”,

translating to NextBrandz.

WHAT LED TO NEXTBRANDZ

Page 3: NextBrandz  - Indias 1st pre commerce product launch platform

Product Launch Challenges

Low Product Launch

Visibility

Limited Market

Penetration

High Risk of Brand Failure

No dedicated product Launch

Platform

High Product Launch Cost

E-Commerce Launch

Advertising Cost

(High)

Inter-Product Competition

(High)

Launch Visibility

(Low)

Focus Innovation

(Low)

Retail Launch

Entry Barriers

(High)

Shelf Placement Fees

(High)

Distribution Challenges

(High)

Operational Challenges

Marketing Expense

(High)

Resource & Time Required

(High)

Inventory Risk

(High)

Brand Failure Risk

(High)

Customer Challenges

Clarity on latest

products

(Low)

Launch Info Availability

(Low)

Page 4: NextBrandz  - Indias 1st pre commerce product launch platform

Our Solution

India’s 1st PRE-COMMERCE PLATFORMExclusive Product Launch Platform

Vision: To be India’s most preferred online “Product Launch” Pre-Commerce platform for any product innovations.

Goal: By year 2022, all online product launches in India should happen via NextBrandz.com

150-200 % higher Product

Launch Visibility

70 -80 % Reduction in Inter-Product competition

60 -70 % Reduction in

Marketing Cost

Increase Market

Penetration

Reduce Brand Failure Cost

Market Ready Product

Initiate Launch on NextBrandz

Exclusive Brand Visibility

Sell & fulfil launched Products

Be NextBrandz of Tomorrow

Page 5: NextBrandz  - Indias 1st pre commerce product launch platform

Key Drivers & Future Innovation Pipeline (Scalability)

Drivers

• Non-Existence of any Launch marketplace

• Make in India boosting new launches

• Unavailability of Consolidated product launch

data.

• Ease of FDI Policy to boost international

product launches

• Never ending product innovations.

Innovation Pipeline

• Develop Product Launch Analytics.

• Pre-launch: For targeted product launches

• Post Launch: Measure launch success

Metrics

• Invest in start-ups to build innovative products.

• Ease of international product launches in India.

• Take make in India initiative to global forum.

• Open up NextBrandz retail stores

Page 6: NextBrandz  - Indias 1st pre commerce product launch platform

Competitive Landscape

Crowd Funding• Focus on market funding for new products

• Limited reach

• Lacks focus on product branding

• No focus on leading brands

E-Commerce• Focus on Sales & not innovation

• High product launch cost

• High inter/ intra product competition

Product News Portal• Focus on product news

• No sales or branding

Price Comparison Portal• Just price comparison

• No sale or branding

Pre-CommerceFor start-ups

Single platform for exclusive product launches

Page 7: NextBrandz  - Indias 1st pre commerce product launch platform

Competitive Advantage

INDIA’S 1st PRE-COMMERCE PLATFORM

(1st Mover Advantage)

LOW COMMISSIONLOWEST PROMOTION

COST

MULTIPLE LAUNCH CATEGORIES

FUTURE INNOVATIONS

FOCUS ON PRODUCT LAUNCHES & INNOVATION

• Help market penetration• High brand Visibility• Reduce brand failure cost, reduce wastage & time

Rank 1st in Google India, Bing and other major search engines for Keywords-• PreCommerce India• Product Launch Platform India• Similar keywords

Controlled launch shelf life, to maintain focus on new launches only

Separate launch type for enhanced visibility• New Launches• Pre-Launches• Limited Editions• Boosters

Focused on innovation in product launch space

Page 8: NextBrandz  - Indias 1st pre commerce product launch platform

Our Growth Journey

July 2015

Sept 2015

May 2016

July 2016

Jan 2017

&

Miles to go..

• Product Launch Attempt

• Idea inception for Pre-Commerce Platform

• Launched Beta version

• Revamped Using Customers’ Feedback

• 600+ Product Innovations Launched

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Highlighted Brands Launched

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Seller Benefits

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Buyer Benefits

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Testimonials

Mohit SawhneyProject Manager

Fantasy World Toys

NEXT BRANDZ is helping manufacturers who don’tnecessarily have the product launch skills to connectdirectly with final consumers, I see that as a real shiftin the opportunities available.

Deepak ThakurCustomer

Being a parent, I wanted something safe and secure toy for my kid and I found the exact one on NextBrandz store, I loved the product and referred to all my friends. The description and the picture matched the final product exactly. Timely delivery with all the tracking information also helped me out in planning my availability.. keep up the good work NB

Rajesh Maurya Branding Designer

NextBrandz beautifully bridges the gap between innovation and potential market, it's a revolutionary Launchpad for new innovative products. NextBrandz is the perfect WIN WIN for innovators and customers.I see a bright future for Pre-Commerce through NextBrandz.“