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Buxoff.com 
FAQS
1. What is Buxoff? 
BuxOff is an online coupons/offers/deals platform. The site's main function is to supply online 
discount offers to its consumers that cover practically every category you can think of, including 
travel, electronics, apparel and lots more. 
2. Why Online deals/coupon market? 
 48% of U.S. adult Internet users redeemed a digital coupon for shopping last year 
 100 million - expected number of US adults that will redeem an online coupon by end 
of 2014 
 Retailmenot - the biggest US online coupon company with 24 Million unique monthly 
visitors is currently valued at more than $1.5 Billion 
 Coupons.com - with 18 million unique monthly visitors is valued at $1 Billion 
There are additional dozen more companies that are in this space, that have similar 
operational as well as revenue models, and yet have achieved significant growth in a 
short span. 
3. How is Buxoff different? 
While the current model of almost all of the coupon websites is to provide free coupons to its 
consumers, while charging an affiliate commission from its vendors, thereby limiting the number 
of companies that can promote on these websites, Buxoff will not charge any affiliate 
commission on any transaction that is made on its website, thereby creating a platform that 
opens up opportunities for thousands of retailers. 
Additionally, in terms of technology, we believe the future of internet will revolve around 
Artificial Intelligence (Ai) ,and we at Buxoff are creating Artificial intelligent (Ai) systems on the 
internet that will help us solve problems at a global level. 
Our DNA is to innovate and work smarter in solving problems. The first glimpse of Ai systems in 
Buxoff will be visible by July 2015, when we launch Social Mapped Search (SmS) 
4. What are the current pain points of retailers that you are addressing through Buxoff? 
Our research on the functioning of coupon industry has given us some startling insights 
 Most of the vendors, who pay an affiliate commission, are not convinced whether they 
have got additional consumers through these coupon websites. 
 With the existing cookie system, there is a lack of clarity as well as presence of multiple 
loopholes through which coupon websites are eating into the revenues of online 
retailers.
 By providing the platform free to the retailers, Buxoff is able to relieve them of the 
mentioned pain points and make Promotions easier. 
5. What is your execution strategy? How do you propose to keep the platform running during the 
gestation period, without revenues? 
Initially, the company plans to operate entirely out of India, in order to keep its costs low. 
However, in the near future, it plans to set up a base in US for client acquisition, engagement 
and various other marketing activities, while retaining the technology center in India. 
6. How will Buxoff operate in terms of customer engagement? 
Our aim is to create a platform that enables any e- retailer, irrespective of its size, to promote its 
offers and coupons online, thereby reaching out to greater set of consumers. To achieve that, 
the team at Buxoff is striving to create a D-I-Y (Do it yourself) model, where in any vendor, can 
create a login ID and start posting the hottest deals and coupons from his/her website. 
7. What about Buxoffs customer retention strategy? 
Apart from the run of the mill marketing strategies that we would use in order to retain our 
customers, we believe that the future of ecommerce is mobile! Hence, Buxoff plans to roll out 
its mobile app (Android, IOS etc) for its consumers, thereby making search easy. 
8. What are the initial markets that you are going to target and why? 
With online retail sales expected to hit $370 billion in US, and close to 48% of US adult internet 
users redeeming an online coupon, we believe it is best to concentrate on this market initially. 
9. How do you propose to generate revenues? 
While the platform is and will be free for vendors and consumers, Buxoff plans to generate 
revenues through Advertisements 
10. Where do you see Buxoff in 5 years 
We as a team have a very coherent and clear vision for Buxoff, and the vision is to provide a 
platform with cutting edge technology systems that will change the e-commerce landscape. 
In terms of numbers, considering everything is on track, we will be able to reach out more than 
50% of the ecommerce consumers help them in getting the right product, at the right price and 
at the right time when they need it.
11. Could you throw some light on your product roadmap and some numbers that you expect in 
terms of website traffic? 
We will not be able to reveal details regarding the product roadmap as it is a part of our core 
strategy, but a rough projection of our traffic graph for the next year can be seen below. 
45 
40 
35 
30 
25 
20 
15 
10 
5 
0 
October December March July December 
SEO 
Apps 
Social 
Direct 
Others 
Total 
Traffic in Millions 
 October  0 
 December 2014  1 Million 
 March 2015  6 Million 
 July 2015  18 million 
 December 2015  40 Million 
 This graph shows the share what each metric will be sharing in Traffic that is Seo , Apps , Social , 
Direct , Other sources of traffic. 
 The app of Buxoff will be going live in the month of March  2015 
12. Do you have any plans of working on the design/User interface of the website? 
Let us give you a background on UI before sharing our roadmap for it; 
The User interface for a web product depends on the layout, and once the layout is confirmed, 
the aesthetic part is taken care of. The layout depends on analytics that comes from heat maps 
and studying consumer behavior which we will get when we have made the website live in the 
alpha and the beta stage respectively, Therefore the final User interface that we will come up 
with the product launch will take some time
We will be planning a 5 round comprehensive testing for the design, along with taking inputs 
from professional industry designers, the best output will be chosen. We believe in going right 
rather than fast. 
13. Do you have a social strategy planned for your product? 
In the present business scenario, Social is a very important strategy. However, we believe that a 
successful social strategy is not in the campaign but in the product. We do have multiple ideas 
for a comprehensive social outreach, but primarily its execution will be based on the results 
obtained from testing of our product which is an important frontier for our growth and reach. 
14. Could you throw some light on your team / people consulting you? 
We at Buxoff are a bunch of highly motivated people. Additionally, we are also very grateful for 
the help received from the best minds in the industry ranging from the Google Analytics Team, 
The Facebook Team for Apps, and the mobile Catalog org. We would like to thank Amazon USA 
for providing us valuable feedback about the market and the problems related to the e-commerce 
arena.
Ad

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Fa qs

  • 2. 1. What is Buxoff? BuxOff is an online coupons/offers/deals platform. The site's main function is to supply online discount offers to its consumers that cover practically every category you can think of, including travel, electronics, apparel and lots more. 2. Why Online deals/coupon market? 48% of U.S. adult Internet users redeemed a digital coupon for shopping last year 100 million - expected number of US adults that will redeem an online coupon by end of 2014 Retailmenot - the biggest US online coupon company with 24 Million unique monthly visitors is currently valued at more than $1.5 Billion Coupons.com - with 18 million unique monthly visitors is valued at $1 Billion There are additional dozen more companies that are in this space, that have similar operational as well as revenue models, and yet have achieved significant growth in a short span. 3. How is Buxoff different? While the current model of almost all of the coupon websites is to provide free coupons to its consumers, while charging an affiliate commission from its vendors, thereby limiting the number of companies that can promote on these websites, Buxoff will not charge any affiliate commission on any transaction that is made on its website, thereby creating a platform that opens up opportunities for thousands of retailers. Additionally, in terms of technology, we believe the future of internet will revolve around Artificial Intelligence (Ai) ,and we at Buxoff are creating Artificial intelligent (Ai) systems on the internet that will help us solve problems at a global level. Our DNA is to innovate and work smarter in solving problems. The first glimpse of Ai systems in Buxoff will be visible by July 2015, when we launch Social Mapped Search (SmS) 4. What are the current pain points of retailers that you are addressing through Buxoff? Our research on the functioning of coupon industry has given us some startling insights Most of the vendors, who pay an affiliate commission, are not convinced whether they have got additional consumers through these coupon websites. With the existing cookie system, there is a lack of clarity as well as presence of multiple loopholes through which coupon websites are eating into the revenues of online retailers.
  • 3. By providing the platform free to the retailers, Buxoff is able to relieve them of the mentioned pain points and make Promotions easier. 5. What is your execution strategy? How do you propose to keep the platform running during the gestation period, without revenues? Initially, the company plans to operate entirely out of India, in order to keep its costs low. However, in the near future, it plans to set up a base in US for client acquisition, engagement and various other marketing activities, while retaining the technology center in India. 6. How will Buxoff operate in terms of customer engagement? Our aim is to create a platform that enables any e- retailer, irrespective of its size, to promote its offers and coupons online, thereby reaching out to greater set of consumers. To achieve that, the team at Buxoff is striving to create a D-I-Y (Do it yourself) model, where in any vendor, can create a login ID and start posting the hottest deals and coupons from his/her website. 7. What about Buxoffs customer retention strategy? Apart from the run of the mill marketing strategies that we would use in order to retain our customers, we believe that the future of ecommerce is mobile! Hence, Buxoff plans to roll out its mobile app (Android, IOS etc) for its consumers, thereby making search easy. 8. What are the initial markets that you are going to target and why? With online retail sales expected to hit $370 billion in US, and close to 48% of US adult internet users redeeming an online coupon, we believe it is best to concentrate on this market initially. 9. How do you propose to generate revenues? While the platform is and will be free for vendors and consumers, Buxoff plans to generate revenues through Advertisements 10. Where do you see Buxoff in 5 years We as a team have a very coherent and clear vision for Buxoff, and the vision is to provide a platform with cutting edge technology systems that will change the e-commerce landscape. In terms of numbers, considering everything is on track, we will be able to reach out more than 50% of the ecommerce consumers help them in getting the right product, at the right price and at the right time when they need it.
  • 4. 11. Could you throw some light on your product roadmap and some numbers that you expect in terms of website traffic? We will not be able to reveal details regarding the product roadmap as it is a part of our core strategy, but a rough projection of our traffic graph for the next year can be seen below. 45 40 35 30 25 20 15 10 5 0 October December March July December SEO Apps Social Direct Others Total Traffic in Millions October 0 December 2014 1 Million March 2015 6 Million July 2015 18 million December 2015 40 Million This graph shows the share what each metric will be sharing in Traffic that is Seo , Apps , Social , Direct , Other sources of traffic. The app of Buxoff will be going live in the month of March 2015 12. Do you have any plans of working on the design/User interface of the website? Let us give you a background on UI before sharing our roadmap for it; The User interface for a web product depends on the layout, and once the layout is confirmed, the aesthetic part is taken care of. The layout depends on analytics that comes from heat maps and studying consumer behavior which we will get when we have made the website live in the alpha and the beta stage respectively, Therefore the final User interface that we will come up with the product launch will take some time
  • 5. We will be planning a 5 round comprehensive testing for the design, along with taking inputs from professional industry designers, the best output will be chosen. We believe in going right rather than fast. 13. Do you have a social strategy planned for your product? In the present business scenario, Social is a very important strategy. However, we believe that a successful social strategy is not in the campaign but in the product. We do have multiple ideas for a comprehensive social outreach, but primarily its execution will be based on the results obtained from testing of our product which is an important frontier for our growth and reach. 14. Could you throw some light on your team / people consulting you? We at Buxoff are a bunch of highly motivated people. Additionally, we are also very grateful for the help received from the best minds in the industry ranging from the Google Analytics Team, The Facebook Team for Apps, and the mobile Catalog org. We would like to thank Amazon USA for providing us valuable feedback about the market and the problems related to the e-commerce arena.