E-commerce Payments & Parcels Shipment Blockchain Platform
E-commerce Payments & Parcels Shipment Blockchain Platform - - PowerPoint PPT Presentation
E-commerce Payments & Parcels Shipment Blockchain Platform - - PowerPoint PPT Presentation
E-commerce Payments & Parcels Shipment Blockchain Platform Problems Solutions Benefits Problem & Solution Lack of trust between the buyer and the seller in the e-commerce is a deal-breaker. The Courier Chain platform offers an that
Problems Solutions Benefits
Problem & Solution
The Courier Chain platform offers an escrow account that generates financial benefits for sellers and safeguards the buyers by using blockchain for building trust. Lack of trust between the buyer and the seller in the e-commerce is a deal-breaker. It leads to fewer sales for the
- nline shops or unpleasant user
experience for the buyer. The problem is particularly noticeable in international e-commerce
Problem & Solution
Timely delivery is becoming more important for all senders, but particularly for online shops. Receiving a parcel after the
- riginal
delivery date leads to negative experience in the recipient. This is a major competitive disadvantage for the online shop. The Courier Chain platform provides blockchain verified estimated time of delivery that increases recipient satisfaction.
Benefits from Courier Chain Services
* Online shops, other SMEs and individuals
For e-commerce merchants
- More sales
- Lower cost
- Accelerated payments
Senders*
- Correct
data for the date
- f
the delivery.
- Courier marketplace – no need for
multiple registrations and searches For e-commerce buyers
- Risk free purchases
- Automated fast refunds
CC
How Are Benefits for Online Shops Created
Buyer doesn’t trust the
- nline
shop Buyer doesn’t buy at all
Buyer uses Cash
- n
Delivery for payment
Buyer uses payment system The shop does not make a sale Cash flows for the shop are delayed
The shop is having higher cost of sales
CC
Buyer trusts CC and blockchain stored info
More sales for the shop
Faster money transfers
Lower costs for the shop
Products
- B2B2C service integrated with online shops
- Independent
trustworthy verification
- f
the payment after the delivery
- Works with fiat money and cryptocurrencies
Token on Delivery (ToD)
ToD Happy Flow
Courier Company Online shop Courier Chain Customer
- 1. The customer purchases from the online shop and
chooses the option ToD.
- 2. The online shop creates a waybill in the courier
company.
- 3. The online shop creates a smart contract in Courier
Chain.
- 4. The courier company executes the delivery, and
the customer accepts the parcel.
- 5. Through API and push notifications, the courier
company notifies Courier Chain.
- 6. Courier Chain frees the tokens for the online shop.
- 7. Courier Chain notifies the customer.
- Choice of a courier based on blockchain
verified estimated time for delivery.
- Marketplace for couriers.
- Service with very broad user base – small
businesses and individuals. Choose Smart (CS)
CS Happy Flow
1.
The customer logs into Courier Chain and enters the dimensions of the parcel.
2.
Through API, Courier Chain asks couriers for the price.
3.
The company's return information to Courier Chain.
4.
Courier Chain adds verified estimated time for delivery.
5.
Courier Chain gives this information to the client.
6.
The customer chooses a courier service and company.
7.
Courier Chain creates a waybill and transfers it to the courier company.
8.
The courier company takes the parcel from the customer.
Customer Courier Chain
Courier Company Courier Company Courier Company
Customers Value Proposition Traction
Customers & Services
CUSTOMERS
Online shops Parcel senders E commerce buyers Courier companies Token on Delivery
✔ ✔
Choose Smart
✔ ✔ ✔
Traction
“The introduction of new payment methods would likely boost the business of online retailers in new markets, potentially serving as a PR and marketing strategy.” “To avoid unnecessary stress for the call center, it is better to present clients with an accurate delivery time instead of promising them the soonest possible date.” “Once one internet shop offers ToD to its customers, others will inevitably follow it, because of the benefits Courier Chain service gives.” “Each and every online shop will implement a new payment method, because it means more sales”
Insights from Online Retailers
Traction
"Every time I shop from a new online shop, I am worried whether I will get refund.” “I often pass on lucrative deals, because I don’t trust the online shop.” “For me, in order to plan my daily and weekly tasks, it’s more useful to have an accurate delivery date instead of promises for fast delivery.” “I don’t like waiting for my refund, I prefer it immediately.”
Insights from Buyers
Traction
What Do Users Want?
64% 41% 29% 29% 28% 17% 16% 16% 0% 10% 20% 30% 40% 50% 60% 70% Delivery date, track order, delivery status Payment method Returns Review past orders Contact customer support Edit/update order Print invoice Reset password
E-Commerce Account Features Most Important to Users
Select up to 3 items that are most important to you in an e-commerce site Source: baymard.com
Courier Chain
Value Propositions
Online shops Courier Chain helps e-commerce businesses expand and become more profitable by introducing new payment method, reducing costs and giving them access to blockchain verified data for the time of delivery. E-commerce buyers Courier Chain helps buyers make online purchases with a guaranteed refund via real-time payment method utilizing blockchain verified information. Courier parcels senders* Courier Chain simplifies the process of sending parcels by providing convenient access to blockchain verified data for the time of delivery.
* Online shops, other SMEs and individuals
Competition Advantages
Token on DeliveryCompetition
ToD Substitutes Price Comparison (for EU)
CoD Bank card Virtual POS Payment system ToD Commission 0.5%, Up to 2% 0.5 – 1+% 1 – 2% + monthly fee 3% 0.7 – 1% Drawbacks Slow money transfer Harder reconciliation Additional cost of fraud Additional cost of fraud Additional cost of fraud Harder reconciliation
Sources: https://www.europeanpaymentscouncil.eu/, capital.bg, companies websites and founders data and estimates
ToD Substitutes
More Convenient More Expensive Less Convenient
Less Expensive CoD Cards vPOS Payment platforms
ToD Advantages per Specific Customer Type
Type of customer ToD advantages/features Benefits for the shops Online shops looking for international expansion Builds trust More sales Fast money transfers Lower cost Online shops operating in underdeveloped markets in terms of courier IT systems Charge the customer for the returned parcels by an optional clause in ToD Lower cost Online shops that want to operate in markets with no CoD or with very expensive CoD ToD is CoD substitute More sales Lower cost Online shops that
- perate in undeveloped
markets in terms of consumer protection Give buyers additional customer protection More sales Online shops that
- perate in markets with
cash payment limit ToD is CoD substitute More sales
Choose Smart Competition
More Convenient More Expensive Less Convenient
Less Expensive Parcel2go Letmeship
Unique propositions
Affordable escrow account for online purchases. Automated money transfers and refunds in real time. Blockchain is designed to build trust Data based on courier companies’ real performance. Will work together with ToD.
Market Revenue Streams Business model
ToD Market
USD 4 000 000 000 000
Courier Chain team estimates based on the data for the share of ToD related products (e Wallet, card payment and CoD) from the next slide
ToD Market
Retail E-commerce Sales Worldwide
Sales (bln USD) Source: Statista, March, 2018
ToD Business Model
Courier Chain team estimates for 2024
E wallet, CoD, bank cards payments (2024) 0.05% 0.80% ToD fee
ToD revenue
Market share
USD 6 trln. USD 3 bln.
ToD market
USD 24 mln.
Cost of Revenue ToD
Public blockchain 1 Public blockchain 2 Average basket size EU $250.00 $250.00 ToD revenue $2.00 $2.00 Blockchain transaction cost - Cost of Revenue $0.48 $0.50 Gross Profit $1.52 $1.50 EU basket size data is derived from Wolfgang Digital KPI Report (2019). Public blockchain 1 cost is EY projections. Public blockchain 2 cost is Courier Chain team projections based on conducted technological survey.
Sources EY: Total cost of ownership for blockchain solutions, April 2019; 10 Ecommerce Average Order Value Statistics, 02/01/2020
CS Market
500 000 000/year cross-border parcels in Europe alone
Courier Chain team estimates based on the data from the next slide
CS Market
https:www.ec.europe.eu; DHL 227 981 275 821 296 818 340 498 385 440
150 000 250 000 350 000 450 000 2013 2014 2015 2016 2017
International outbound parcels in Europe (in thousands)
20-25% expected year growth
CS Business Model
Courier Chain team estimates for 2024
Market share: 0.1% of the parcels USD 30 7.5% CS commission
CS revenue
Price per parcel
500 k USD 15 mln
CS based couriers’ revenue
USD 1.1 mln.
Revenue Streams
ToD CS
Seller Commission Fee Courier Services Discounts/Shipment Commission Fee SaаS for Affiliates and Subcontractors Paid Promotional Services Crypto Exchange Margins Advertisements
Go-to-Market
Integration with BG online shops Plug in for the industry leading e- commerce platform Conduct market research for pre-launch preparation in EU countries
Team
Founders
Neda Slavcheva has more than seventeen years of experience in Sales and Product Management. She is
proficient in the marketing strategies, with an emphasis on how to research and evaluate demand and create brand awareness and development. Her skills in working with different audiences and cultures are essential for the team.
Vasil Atanasov has more than 12 years of experience in C level management positions in various industries. For
the past seven years, he has been a shareholder and CEO of Rapido - exclusive partner of DHL Parcel network for the country.
Nikolay Zhelev has more than 17 years of experience in the IT and software development industries with a focus
- n banking, betting, testing, data migration and more. Through his professional career, he has mastered the
software development process, assessment, lifecycle, and architectures.
Assen Ivanitzov has several years of experience in the courier business working as a Business Development
Manager for companies like FedEx, Flying Cargo and Purolator in Canada and Bulgaria. In this position, he acquired extensive experience in Business Development and Marketing, achieving a large number of corporate goals throughout the years. He also worked for the Ministry of Economic Development and Trade Canada as an International Business Development and Trade Manager for South Eastern Europe.
Founders & Team highlights
3 team members in e-commerce; 2 in courier business Entrepreneurs & C-level managers Friendly Work Environment 4 founders, 6 consultants 36 years average age 2 team members in IT & 1 UI designer 3 team members in Sales & Marketing; 3 in Finance
Current & Future Development
Current developments
Courier Chain LTD 4 founders x 25% All founders are engaged in CC www.courierchain.io ToD MVP Ready CS design & mockup ready 10 k EUR invested 18 months tech & market research Business plan ready Canvas model ready
3 Phases of Implementation
TD CS
Future Services
Sales to online shops, courier integration and plug-in for e-commerce platforms Upselling to small senders based on data for delivery, collected in ToD Closing the ecosystem Upselling based on the data gathered through ToD & CS
ToD CS Next Services
Future Products
Shopping over Blockchain (SoB)
- Fast credits for goods purchased online.
- Information is stored on the blockchain.
- Monitoring of the quality of courier services offered.
- Provide business clients with various rankings and KPIs.
Courier Insight (CI)
The Ecosystem
Ask
- 500 000 EUR
- Hiring first key employees in IT development and
Sales & Marketing
- Software development – In-house and outsourced
- Integration with at least 3 online merchants and
courier company and plugin for industry-leading
- nline e-commerce platforms
- Market research for new markets entry.
- We are looking forward to discuss all types of
partnership in details.
Key Investment Highlights
- Growing market
- Modern technology
- Team of experts and entrepreneurs
- Company registered in Bulgaria - a EU
member country
- Bulgaria is 12th in Best Developers in the
World ranking
THANK Y U
Assen Ivanitzov, aivanitzov@gmail.com or info@courierchain.io +359 896 61 51 00