0 00:00:00.400 --> 00:00:01.380 Nice to see you all 1 00:00:01.380 --> 00:00:05.790 I’m Kim Dongsu, and I operate an outdoor all-in-one camping platform, called “Camfit”. 2 00:00:06.880 --> 00:00:10.630 After the pandemic, camping is now beyond just sleeping outdoor 3 00:00:10.630 --> 00:00:15.780 it's now changing into one of leisure by creating 4 00:00:15.780 --> 00:00:18.890 new personal spaces out in nature and by spending time and 5 00:00:18.890 --> 00:00:20.634 playing activities with companions. 6 00:00:21.176 --> 00:00:22.726 Everyone here may have thought 7 00:00:22.726 --> 00:00:25.726 that you’d want to try camping too. 8 00:00:26.140 --> 00:00:28.890 If you plan to have your first camping experience this week 9 00:00:28.890 --> 00:00:31.591 You are probably looking forward to a great camping experience 10 00:00:32.140 --> 00:00:34.290 However, you may find yourself stressing over 11 00:00:34.290 --> 00:00:37.426 on which areas you need to go, 12 00:00:37.426 --> 00:00:40.540 which tents to choose, 13 00:00:40.540 --> 00:00:43.940 and if it gets cold what you should do to keep yourself 14 00:00:43.940 --> 00:00:45.546 These are some of the things you'll ask yourself when getting prepared 15 00:00:46.276 --> 00:00:50.276 As camping is an outdoor activity 16 00:00:50.940 --> 00:00:54.630 the first problem occurs from information gathering 17 00:00:54.630 --> 00:00:57.477 So while searching for camping information, 18 00:00:57.477 --> 00:01:00.580 clients experience significant inconvenience in their journey 19 00:01:00.580 --> 00:01:02.680 due to the asymmetry of fragmented information across various channels. 20 00:01:03.627 --> 00:01:05.477 In the era of 7 million domestic campers, 21 00:01:05.477 --> 00:01:09.527 there is still a lack of vertical services associated with camping 22 00:01:09.780 --> 00:01:14.220 Here at Camfit, we aim to provide an all-in-one camping service app 23 00:01:14.220 --> 00:01:16.227 that allows you to enjoy camping easily and conveniently 24 00:01:16.227 --> 00:01:19.420 by creating an easy and quick access to 25 00:01:19.420 --> 00:01:21.770 all camping-related services in one place 26 00:01:22.377 --> 00:01:25.577 We have targeted the camping accommodation and commerce market of 5.1 million 27 00:01:25.577 --> 00:01:29.227 who are the highest engagement in this industry. 28 00:01:30.020 --> 00:01:33.330 As our core strategy 29 00:01:33.330 --> 00:01:38.378 First, we entered the camping reservation market, 30 00:01:38.378 --> 00:01:40.328 where users experience the most inconvenience and are underdeveloped, 31 00:01:40.328 --> 00:01:43.230 and quickly secure users and select a market trough a real-time reservation service. 32 00:01:43.230 --> 00:01:48.480 The we established an expansion strategy to various camping life services 33 00:01:48.480 --> 00:01:50.778 such as used trading and rental 34 00:01:50.778 --> 00:01:55.978 by connecting user content-based services to secured users and activating the community. 35 00:01:56.380 --> 00:01:58.030 These are the results of entering the market 36 00:01:58.030 --> 00:02:00.278 First, in the field of camping reservation services 37 00:02:00.278 --> 00:02:03.980 You’ve probably heard at least once that it’s really hard to make a reservation for a campsite. 38 00:02:03.980 --> 00:02:08.570 This reservation market is a provider-led market 39 00:02:08.570 --> 00:02:10.871 with a small number of campsites compared to the number of campers nationwide. 40 00:02:11.220 --> 00:02:15.560 Accordingly, our team established that the main factor in this market is camping site operators, 41 00:02:15.560 --> 00:02:19.329 and the hypothesis that by securing fragmented camping site operators across the country as a platform, 42 00:02:19.329 --> 00:02:23.529 we could quickly gather users and dominate this market. 43 00:02:24.260 --> 00:02:28.310 As a differentiation strategy for securing camping site operators, 44 00:02:28.310 --> 00:02:33.879 we provided them with online camping site information management, reservation changes, and open schedule management 45 00:02:33.879 --> 00:02:37.679 To effectively manage the entire camping journey for the clients, 46 00:02:37.679 --> 00:02:40.379 we developed and provided a camping-specific PMS 47 00:02:40.379 --> 00:02:43.529 that includes all the necessary features for operating 48 00:02:44.060 --> 00:02:48.760 And by prioritizing and securing popular camping sites nationwide through sales and acquisition, 49 00:02:48.760 --> 00:02:50.880 we increased awareness of our service 50 00:02:50.880 --> 00:02:54.380 and built a strong network with the local camping sites 51 00:02:55.060 --> 00:02:59.230 As a result, in just two years since the launch, out of camping booking platforms in Korea 52 00:02:59.230 --> 00:03:02.830 We secured the most 600 camp site operators 53 00:03:02.830 --> 00:03:06.130 And occupied 20% of the market. 54 00:03:06.780 --> 00:03:09.860 In addition, through the competitiveness of the PMS 55 00:03:09.860 --> 00:03:15.280 Over the 80% of the campground operators exclusively use our solution 56 00:03:15.280 --> 00:03:17.980 We are taking the hegemony of this market 57 00:03:17.980 --> 00:03:21.780 Creating an outcome of exclusively "locking in" the users 58 00:03:22.510 --> 00:03:26.980 To the campers, over 600 of live campground reservations and facilities informations 59 00:03:26.980 --> 00:03:30.981 Over 50,000 user reviews of contents from the real users 60 00:03:30.981 --> 00:03:34.431 Through the convenient feature delivery like notifications for empty spot reservation 61 00:03:34.431 --> 00:03:40.281 We secured 1 million MAUs, the most active users of any camping service in Korea today 62 00:03:41.180 --> 00:03:44.700 With a track record of trading over 50 billion bookings a year 63 00:03:44.700 --> 00:03:48.301 We are making an impact in this market as an unequalled number one 64 00:03:48.900 --> 00:03:53.340 Recently, targeting the secured users, 65 00:03:53.340 --> 00:03:57.340 we are conducting experiments by connecting camping gear commerce services 66 00:03:57.340 --> 00:04:01.830 Especially, what the customers consider the most important, when it comes to purchasing camping gears 67 00:04:01.830 --> 00:04:05.231 we have established our own criteria for usability evaluation 68 00:04:05.231 --> 00:04:07.782 And by providing brand-specific and category-specific product data 69 00:04:07.782 --> 00:04:11.830 as well as providing about 15,000 product review contents 70 00:04:11.830 --> 00:04:18.360 We are connecting 180 million transactions per month with over 250,000 content consumptions per month 71 00:04:18.360 --> 00:04:24.460 We have verified that user-generated content positively affects customer purchasing experience 72 00:04:24.460 --> 00:04:28.220 Through this, in the official commerce service that was released in the second half of the year 73 00:04:28.220 --> 00:04:30.882 With customer experienced data that our company has 74 00:04:30.882 --> 00:04:33.820 And competitiveness of the user content data as a base 75 00:04:33.820 --> 00:04:36.750 Recommend a personalized item to each customer 76 00:04:36.750 --> 00:04:40.482 To make it possible to explore the desired camping gear conveniently 77 00:04:40.482 --> 00:04:44.032 We plan to gradually provide products that improve the purchasing experience 78 00:04:44.500 --> 00:04:45.860 Here is the revenue model 79 00:04:45.860 --> 00:04:49.733 In the camping reservation service area, we are targeting the campground operators 80 00:04:49.733 --> 00:04:53.933 For reservation cases, we charge sales agency fees and additional fees for PMS services 81 00:04:53.933 --> 00:04:58.360 In the e-commerce service, we receive sales intermediary fees from sellers 82 00:04:58.360 --> 00:05:02.450 and by 2025, we plan to achieve revenues of approximately 26 billion won 83 00:05:03.150 --> 00:05:07.560 Furthermore, after completing the leading camping app in the domestic market by 2026 84 00:05:07.560 --> 00:05:13.460 Our goal is to grow as a synthesized outdoor platform in Korea by expanding our community-based services 85 00:05:13.460 --> 00:05:17.090 in leisure categories such as hiking, skiing, and snowboarding 86 00:05:17.883 --> 00:05:20.933 Though many companies have given a shot in this market 87 00:05:20.933 --> 00:05:23.940 but they have failed to lead the market and bring innovation 88 00:05:23.940 --> 00:05:27.490 Our team, including 18 members, including co-founders 89 00:05:27.490 --> 00:05:30.884 myself and Yoon Woojin, with extensive camping experience, 90 00:05:30.884 --> 00:05:33.284 is on-site to identify customer pain points 91 00:05:33.284 --> 00:05:36.340 and is transforming this industry with strong execution capabilities. 92 00:05:36.340 --> 00:05:39.430 Now, Camfit will take responsibility for your happy camping lifestyle 93 00:05:39.430 --> 00:05:40.201 Thank you