MYFY myfy.me
2022
PITCH DECK
THE PROBLEM
Small entrepreneurs need help finding capital to start their businesses and tools to launch online, market beyond their physical location, and maintain formal business practice such as record keeping in order to be financially included and qualify for credit.
OUR SOLUTION
Our app helps entrepreneurs crowd source capital through group savings, market their business and sell online, receive orders and payments, track and fulfill them, and keep verifiable records, to qualify for a credit score.
92%
53%
of all businesses have one of these problems
are actively looking for a solution
1/4
39%
consumers purchase online
increase in online sales during pandemic
STRENGTH IN NUMBERS
PRODUCT
SAVINGS & FINANCING This feature is akin to you local village saving arrangement where a group of like minded people pool together money or items and pass them on to one of their members regularly. We also enable entrepreneurs mobilize cheap unsecured capital from their rotational savings group.
ONLINE SHOP & ADS With a few strokes and taps on your phone, jump onto trendy ecommerce with minimum hustle. We automatically generate a site to sell your products on a short memorable address such as meloncity.myfy.me and submit the orders you receive thereon onto your phone. We further go the extra mile to get you new clients by advertising your products or services on other sites in our network through site recommendations.
RECORDS & STATS Hustle-free book keeping with automated sales /purchase entries and tax calculations. Our app keeps track of all your business transactions helping you access your business data and insights for informed and better business decision making.
CRM The app also keeps track of your online customer contacts, their orders and generates periodic reports to help you bolt through customer relationship management which in turn helps keep those customers coming back to you for more.
COMPETITOR ANALYSIS Easy to use
Competitive advantage
Myfy
Our approach is to support business creation and create a whole-some product. That way, we have:
• Whole business process • Seamessly integrated
SeedSix
• Only financing
tneiciffE
tneiciffenI
Enterprise software
• Unsuitable for small businesses
MonkeyPesa • Lacks storefront
Difficult to use
• Autonomous user growth since switching costs encourage entrepreneurs to subscribe to our services. • Continuity of services, such as customer relations, stock, records, and orders management all in one app
HOW WE MAKE MONEY • • • •
Online shop service fee Advertising users' products on other sites Commission on online transactions Paid subscription
THANK YOU
Picture this... It's the year 2027, entrepreneurs are launching businesses at the speed of thought and running them is as autonomous as autocorrect.