Pitch deck

Transcript

1. C O M F O R T A B L E A N D E A S Y P U R C H A S E O F P R E P A I D A N D P O S T P A I D E L E C T R I C I T Y W W W . M E T E R . N G 1
2. The single most critical transformation agenda for our country , Nigeria should be POWER 2
3. Most transactions in the Nigeria are done with cash The Deep Culture of over the counter payments Forgetting to Recharge Meter on time Inability to use online platforms The distance of vending points and PHCN from customers Long Line and time delay at banks and vending outlets PROBLEMS 3
4. MARKET OPPORTUNITY 4
6. 3 million prepaid users, 5 million postpaid 1 million mobile phone users Nigeria electricity regulatory commission(NERC) ordered all electricity companies to PROVIDE meters for consumers. 6
7. SOLUTION A Web and Mobile application where users can pay their Electricity bills from the comfort of their homes. Saves Time Saves Money No Sudden Power Cuts Financial Inclusion for the Unbanked Increased revenue for Discos Agents & Resellers make money 7
8. Saves Money 8 DEMO Token is sent to user via SMS/EMAIL
9. O L U F E L A O L A G U N J U A B I O D U N S A V A R P U R E H E A R T A G A B A E N W E R E The Team We have the right team. We can execute and scale this service without paying for large infrastructure. We are using GOLang , our server costs are barest minimum. The language handles most of the scaling issues that would have required more hardware. Growth hacker/Inbound Marketer Full Stack Developer/ Hacker Lawyer/ Business Developer 10
10. This is the best time to get in the market, Existing solutions spend thousands of dollars on infrastructure. The closest are payelectricitybills.com and buypower.ng Buypower.ng raised $120k from YCombinator Buypower have coverage for only 8 States 11
11. COMPETITIVE ADVANTAGE Meter.ng runs on a custom golang framework we built 10x Inbound Marketing Strategy Niched & focused on power (quickteller & paga not niched) Team members are system and growth hackers All competitors solutions have loopholes we exploited Bad customer support, response time is zero Automated Payment and Recuring subscription 12
12. Business Model 2% Discount on Volume transactions from Discos PLUS ₦100 convenience fee i.e : @ 10,000 Transactions monthly 10,000 * 100 = ₦1,000,000 @50,000 monthly users = ₦5,000,000 13
13. 0 375,000 750,000 1,125,000 1,500,000 ABU JA BEN IN EKO EN U G U IBAD AN IKEJA JO S KAD U N A KAN O PH C YO LA The Market Active user base for the 11 Electricity Companies 14
14. CAPITAL RAISE $50,000 Seed Fund for exponential growth Purchase bulk electricity from discos Hire key employees Setup a nice work space Salaries Training for agents 15
15. MARKET ADOPTION Target events partnership & Sponsorship monthly around Nigeria for massive promotion Creating deep partnerships Media (TV, radio, brochures, posters, etc.). Inbound Marketing (Blogging, SEO, PPC,E-mail) Extend coverage and service to: Ghana, Liberia, Gambia, Zambia, Kenya , South Africa 16