CC2 - iThumb

What is CC? CC is stands for Competent Communication. Yes! I had done my 2nd Toastmaster speech 2 weeks ago and the title is iThumb.

If you're following my blog, you might know about iThumb. iThumb is my assignment of last sem and I've blogged about it before [click here]

In the beginning, I wanted to use slides for my presentation since I had made the slides for my assignment. But the president, Lay Chin advice me try not to use slides. 

So here is my speech and I present my slides at here lah =)

Attention Getter

Nowadays, iPhone, iPad and iPod are very famous in the market. But I guess you all never heard about iThumb right?

Good evening fellow Toastmasters. Today I’m going to tell you what is iThumb.

Last semester, one of my major courses is called “Creativity, Innovative and Entrepreneurship”. We must create a brand new product which is not available in the market.

I was thinking every night before I sleep, what should be my own product. I want it to be very special. One night, an idea suddenly pops up in my mind while I was having insomnia. My product is called ‘iTHUMB’! Steve Job is never heard about this.

Slide 1

Slide 2

Slide 3

Slides 1,2 and 3

iThumb is a biometric thumbprint payment machine. It’s a new way for debit and credit card holders to make payments by using their thumbprint instead of cards. The “i” is referring to technology and users themselves. The “thumb” refers to our thumb as the tool to make payment.

Slide 4

Slide 4

How do I get this idea? It’s actually through my experience. Sometimes I have no cash in my purse and even though I have debit card but I can’t find ATM around me. So, I think if we can use our thumbprint to make payment that is really convenient.

In addition, bringing too many cards is very unsafe now. We might be the target of robber. The robber can use our debit or credit cards to shopping and withdraw money. So, I think thumbprint is really much better than cards.

Slide 5

Slide 5

Now let me tell you why iThumb is very unique compare with the cards payment machine.

Firstly, iThumb is slimmer and lighter than the card payment machine. It’s only less than 1cm! It’s just like the smartphone we are using now. Slim and light!

Another feature of iThumb that I recommend is the touch screen panel. iThumb is really different compare with the card payment machine. The touchscreen panel is added on it to let the shopper confirm their payment. After the merchant key in the price, shopper can double check the payment amount and confirm the payment by touching the “accept”. This function is avoid the merchant charge extra money. In case, the payment amount is incorrect, shopper can touch the “reject”.

Slide 6

Slide 6

iThumb has benefits for three particulars which are shopper, merchant and banker.

First of all, shoppers do not need to bring the cash, debit or credit cards while shopping. They can complete the payment by using their thumbprint only. Shoppers also can double check their payment amount on the touchable screen panel and confirm the transaction by touching the screen. Besides that, it’s very safe because consumers do not need to worry their cards will be stolen or lost.

Secondly, merchants can complete the transaction faster. It’s because they no need to swipe card anymore. iThumb also helps merchant to cut down the cost of each transaction compared to the card transaction fees. Besides, Biometric identification can provide extremely accurate and secured access to information. Others cannot use one’s identity since thumbprint cannot be duplicate like debit and credit cards. So, merchant no need to worry can’t receive the money.

Lastly, for the banker also can save the cost of the paper. Bankers no need to provide any statement to the shopper after using iThumb. Bankers will SMS the proof of the payments to shopper.  It is really environmental friendly.

Slide 7

Slide 7

My target customers are the current debit and credit card holders. My company will encourage the users use iThumb, because they can make payment with their thumbprint only. To encourage iThumb users to spend, my company will team up with merchants and bankers to offer special discounts. For example, iThumb users can get more discount compare with the cards holder.

Besides that, bankers are also my target customer. My company will encourage bankers to change their card payment machine to iThumb. So that, they can save a lot of cost and attract more merchants to change their machine.

By launching iThumb, My company can earn money from these two particulars. Membership fees will be collect from iThumb users and also my company can earn money by selling the iThumb to bankers.

Slide 8

Slide 8

Lastly, we come to how to commercialize iThumb. My company will advertise through the internet such as Facebook, Twitter, Youtube and blog. In this technology advance world, the internet is the most influence media now. The new products can spread easily and faster through the internet.

In addition, my company also will provide a collecting points promotion such as BonusLink, which means the payment amount of the shopper will turn into points. Each RM1 the iThumb users spent will turn into 2 point. The higher amount of their payment, the higher points they collect. iThumb users can redeem great and special gifts with their points from my company.

Slide 9

Slide 9

I hope iThumb will be my future business to provide benefits for all the consumers. Fellow toastmasters, dare to dream and never say never!

Back to you.

[END]

My face looks fatter because Pisang Goreng was in my mouth lolsss

It's quite a long speech. I've to speak 5-7 mins and I over 46 seconds. Thanks God! I didn't forget my script >.<

My evaluator for 2nd speech is Shu Ting =)

My strengths:

• interesting and fresh idea.
• moving around when I was giving my speech.

My weakness:

• can use strong words such as "Do you know if you use iThumb......" to attract more attention.
• should have more eye contacts to looks more confident.
• my tone quite flat.
• hands shouldn't put at back when giving speech. It shows that I was nervous.

Shu Ting, thank you for your suggestion =) 

Guys, I have idea for my CC3 already! Guess what it is? =)

Besides that, I've 2 good news!!
The 1st: I was invited to join a food preview tomorrow night! =D
The 2nd: darling is coming to KK on this Friday! =D
Ohhh! I can't wait! Excited! =DD

Before I end this post, I want to say Happy Birthday to my dearest mummy and my best friend, Shain. My both important women are also 24th April babies =)

Mum and dad went to Turky for 2 weeks holidays. I miss them =(

I met Shain few weeks ago. She came KK =)
June, please come faster!

Okay lah... I've to continue my revision now...

Sasa peepoo! 

Love is in the air! =)