Top 15 Questions Frequently
asked the Executive Team at Data-Merge, Inc.© Albuquerque, New
Mexico
1. What is the name and description of Product/Service? WHAT
IS IT?
Name: Data-Merge, Inc.©
Computer sales software geared to serve the Automotive Sales
Industry. Slogan: “NO MORE HAND WRITTEN PAPERWORK” Saves time!
Saves Money! Streamlines the sales process, Prints all forms
associated to the car/truck sales process. Enter data once…all
information is saved and all forms are printed. Professional,
clean, clear, legible.
2. History of business to
date.
April 2002-November 2003
Design, Program, Copyright.
November 2003-May 2004 Testing software.
June 2004-Present date. Beta testing system in Dealership.
3. Customer Definition, Who
are your customers?
Every New Car Dealership in
the USA. Current count to date 23,582 new car dealers! Used
Car Dealers and Independents could number as many as 50,000.
Upcoming prospects would include Boat Dealers, Semi-Truck
Dealers, RV Dealers, Motorcycle Dealers etc. Additional phase
would include: writing Data-Merge in Spanish, French, German
etc. (International capabilities)
4. Who are the top
prospective customers and what would you want them to say about
your Product/Services?
All major car dealerships, we
would want them to say: Saves time and money and hours of
valuable business time. Eliminates all HAND
WRITTEN PAPERWORK! 100% legible documents. No more photocopied
“sloppy” copies. Faster Process! All data saved. Faster
Bank/lender approvals!
5. Product/Service Value :
How does it help your intended customer? Time or cost savings?
Additional revenue? Can it be quantified?
Data-Merge will provide
faster deal (wrap-up time), faster closing time, Internet
capable-available-usable. Eliminates the need for photo
copies, eliminates hand written paperwork, eliminates
illegible hand writing, expedites the sales process with all
data & records retained. Each car transactions data is saved
for future reference. All sales logs are retained and
printable for dealers records. Credit privacy Act incorporated
in system. Creates and prints all forms pertinent to each car
deal, (i.e. Credit applications completed with customer data
retained). Banks approve deals faster, saves time and money
for all parties involved! Perfect paperwork everytime!
6. What is your business
value similar to? (I.e. is it what Amazon.com did to the
book category? What Fed Ex did to document delivery, what e-mail
did to the Internet adoption?)
Data-Merge “ We are the
GENESIS to the Automotive Sales Industry”
7. Describe the market :
What is the size and growth of the market and of key market
segments? Which segment do you target?
New Car Dealerships/ Used Car
Dealerships/ Motorcycle Dealerships/ Boat Sales Dealerships/
RV Dealerships/ Semi Truck Sales Dealerships. Unlimited
capability and can be written in many languages, Marketed on
an International level. Our first segment will be to focus on
New Car Dealerships with-in the USA. (24,000 New Car Dealers)
How many customers exist
today? How many will exist in 12 months? 24 months 24,000
Potential New Car Dealers (USA) Estimated 50,000 potential
Used Car Dealers Approx. combined potential USA alone 74,000
clients! Mexico, South America, Canada, etc. The potential is
endless. Will be written in many different languages!
8. Awareness & Distribution:
How will your customers become aware of your business? How will
they access and/or purchase your product/service?
NADA National conventions
(Auto Dealer Shows). Direct contact/Sales force, Website,
search engines, direct mail, magazines, Dealer newspapers,
referrals, and the need to have! Data-Merge current Executive
staff combines over 100 years sales, business and marketing
experience in the automotive and business field.
9. Competition: What is the
alternative product/service that your customers are currently
using? Are there other companies that are developing or
marketing a product similar to what you’re offering? If yes, how
is yours better? How will you protect your customer base from
other companies that enter the same space with your similar
product/service? What is your enduring advantage versus
competitors?
There is no known competition
with this product/concept/system known to date. Data-Merge
founder noticed a need to capture the most overlooked area in
the automotive sales process “The Paperwork” time consuming
repetitive, mostly not legible due to rushed time frames.
Photo copies of photocopies, faded, twisted, blurred, and
unreadable. Data-Merge prints every form every time with 100%
of the data perfect everytime! “Time is MONEY!” We will
protect Data-Merge with copyright © in place. Base our
mission, customer service & satisfaction on “SERVICE”…We
believe service is key.
10. Management: Describe the
experience and skills of the management team that is currently
in place? If there is not a team in place describe the key
skills and other contributions that are required to make this
business work?
Nathan Bailey: (CEO/FOUNDER) 20 years Swimming
Pool/Spa contractor Southern California. 1960’s
developed/designed the first built-in-vacuum cleaner for
Winnabego Motor Homes. Participated in development of the
first oral evacuator used by every Dentist worldwide (worked
with father on this project as a young boy). Owned operated
Piggy’s Yogurt Fountain Valley California. Past 10 years in
the Automotive Sales Industry, noticed computer software need
and developed Data-Merge, Inc. April 2002.
Brenda Bailey: (CO-FOUNDER PRESIDENT) 4 Years
TVI Business administration education. Eight years Hoffman
Town Christian School State Certified Pre-K Teacher. President
of Data-Merge, Inc.©
Andy Casias: (VICE-PRESIDENT) Fifteen years
Business Management “Employee-Leasing Industry” HR experience,
Workers Comp, Grocery Industry, and Sales totaling 26 years
combined experience.
Theresa Casias: (Consultant-PROGRAMMER)
Currently vice-president of a major Bank located in
Albuquerque, New Mexico. Twenty years combined experience in
Business Management and Computer Programming.
11. Investment: How much
money has been invested in the business? Provide a breakdown of
where the money has come from. How much money are you looking
for currently? At what valuation?
(Funds-Time accounts
receivable) Time account receivable over 3-years $400,000.00
(Four) board members currently $20,000.00 cash invested.
Combined $420,000.00 since April 2002. We are currently
looking for seed start-up money to launch Data-Merge, Inc.©
into the market area. Estimated start up first 12 months $2.5M
up to $5M.
12. Cost Structure:
Additional up-front costs?
Projected cost-of-goods and %
margin for your products or services for 8 quarters? Projected
revenues for 8 quarters? Note: In Progress
13. Is there a “screaming
need” for your product? Explain.
YES, there is a screaming
need for this software product! Our research indicated not one
negative opinion, yet the main question is: “When will it be
available?” Automotive Dealerships (sales area) have been and
still are working in the prehistoric age! Data-Merge will
bring the Genesis of the computer age into the 21st century
for Auto Dealers Nationwide.
14. If your concept is
funded and fails, what are the 2-3 likely causes?
Auto Dealers go
out-of-business. Unmanageable growth (accelerated growth).
Management Team failure?
15. How can I invest today
or use the program ? What is the best phone number to contact
you?
We are located in
Albuquerque, New Mexico.
Phone numbers (505) 249-0348.
Company Mission Statement
To be your partner in maximizing, streamlining and expediting
the sales process to the highest level of efficiency and
perfection...
At your Service "Data-Merge, Inc.©"
"Do Business. Not Paperwork." |