WEBVTT

1
00:00:00.000 --> 00:00:07.010
>>GERRY: IT'S TIME NOW TO GOINSIDE INNOVATION BROUGHT TO YOUBY DMI.A FUNCTIONAL SMARTPHONE CASE,

2
00:00:07.010 --> 00:00:21.020
MADE RIGHT HERE IN INDIANA, HASSOME LOFTY GOALS FOR 2018.NOBLESVILLE-BASED SCOOCH HOPESDOUBLE REVENUE AND MAKE PRODUCTS

3
00:00:21.020 --> 00:00:24.490
AVAILABLE IN SOME 15,000 STORESWORLDWIDE.FOR MORE ON WHAT SCOOCH IS ALLABOUT, LET'S TURN TO CO-FOUNDERS

4
00:00:24.490 --> 00:00:32.170
JOHN STAGGE AND MATT FOLEY.WELCOME!>> THANK YOU.>> THANK YOU.

5
00:00:32.170 --> 00:00:37.470
>> FIRST OF ALL, GREATCONCEPT.TALK ABOUT INNOVATION IN INDIANAAND THIS REALLY DID BUBBLE UP IN

6
00:00:37.470 --> 00:00:43.440
INDIANA.TALK ABOUT SCOOCH, WHAT IT'SABOUT.IT'S A SIMPLE IDEA THAT IS

7
00:00:43.440 --> 00:00:50.580
CATCHING ON.>> OUR PRIMARY PRODUCT FORSCOOCH IS THE WING MAN PRODUCT,WHICH IS WHAT WE STARTED WITH.

8
00:00:50.580 --> 00:01:01.060
WHAT'S COOL IN UNIQUE ABOUT ITIS WITH THIS SPRING YOU CANSIMPLY OPEN IT, USE YOUR PHONEIN THE KICKSTAND IN A PORTRAIT

9
00:01:01.060 --> 00:01:09.400
AND LANDSCAPE MODE FOR WATCHINGVIDEO, NETFLIX AND WHATNOT ANDIT WORKS TO STANDALONE CARVEOUTIN MOST VEHICLES HORIZONTALLY

10
00:01:09.400 --> 00:01:15.680
AND LASTLY, AS A GROUP TO HANDLEBIGGER PHONES.THAT'S REALLY WHAT'S UNIQUEABOUT OUR FIRST PRODUCT.

11
00:01:15.680 --> 00:01:23.680
>> AND IT'S HAS TRACTION.HOW MANY STORES ARE YOU IN NOW?>> 5700 RIGHT NOW.>> WHAT HAS DRIVEN THAT?

12
00:01:23.680 --> 00:01:30.220
>> IT'S SIMPLE FUNCTIONALITY.BRING SOMETHING TO MARKET THATIS DIFFERENT AND UNIQUE ANDPEOPLE ARE USING THEIR PHONES

13
00:01:30.220 --> 00:01:36.430
MORE.IT'S THE NEW TV.SO GIVING THEM AN EASY WAY TO BEABLE TO WATCH THEIR VIDEOS AND

14
00:01:36.430 --> 00:01:43.640
USE IT IN THEIR DAY-TO-DAYLIFESTYLES.>> TALK ABOUT HOW THIS IDEACAME ABOUT.

15
00:01:43.640 --> 00:01:52.050
>> THANKS, REALLY I SOLD MYFIRST COMPANY BACK IN 2012.I WAS DOING A LOT OF STUFF FORABOUT 20 YEARS OUT OF MARKETING

16
00:01:52.050 --> 00:01:59.520
AND IMPORTING BUSINESS AND THETOOL INDUSTRY AND WE GOT BOUGHTOUT BY A PRIVATE EQUITY FIRM INNEW YORK AND WERE TRYING TO

17
00:01:59.520 --> 00:02:08.260
MERGE WITH THE COMPANY INJACKSON AND I WAS ON ATRANSITION TEAM AND GOT OUT OFBED AND TRIED TO RETIRE AND I

18
00:02:08.260 --> 00:02:17.400
WAS A REALLY TERRIBLE RETIREE.A TERRIBLE RETIREE.>> SO YOU CAME TOGETHER ANDOBVIOUSLY GROWING IN A NICE WAY

19
00:02:17.400 --> 00:02:23.010
AND THIS YEAR AMBITIOUS GOALSINCLUDING NEW PRODUCTS.>> A COUPLE OF NEW PRODUCTSRIGHT NOW COMING OUT WITH A

20
00:02:23.010 --> 00:02:29.750
WALLET CASE THAT DOESN'T LOOKLIKE A WALLET AND WE PUT SOMEINNOVATION IN IT FOR WHAT WECALL COOL CHARGE.

21
00:02:29.750 --> 00:02:39.030
WIRELESS CHARGING IS HOT WITHTHE WIRELESS CHARGING.AND THE BIG THING WITH BEING INTHE AMOUNT CATEGORY AS WE AREN'T

22
00:02:39.030 --> 00:02:45.630
PUTTING ON THE MAGNETIC BALANCEIS THAT IT STOPS WIRELESSCHARGING NO ACTUALLY MATT CAMETO ME ONE DAY AND SAID HOW ABOUT

23
00:02:45.630 --> 00:02:52.040
THIS.WE PUT SOME VARIATIONS IN THEIRTHE PAPERCLIPS AND TRIED IT ANDWE STARTED WATER JETTING SOME

24
00:02:52.040 --> 00:03:00.650
STUFF WITH THE COMPANY DOWN THESTREET AND IT WORKED SO THIS ISA BIG TOPIC IN A BIG THING FORTHE CELLULAR PHONE BUYERS OUT

25
00:03:00.650 --> 00:03:07.520
THERE IN THE RETAIL STORES TOHAVE SOMETHING DIFFERENT THATWORKS WITH THE CURRENT PHONESBECAUSE IT'S A BIG PROBLEM RIGHT

26
00:03:07.520 --> 00:03:12.230
NOW.>> YOUNG COMPANY STARTED IN2014 AND YOU'VE GOT SOME BIGPLANS THIS YEAR.

27
00:03:12.230 --> 00:03:20.430
TALK ABOUT GROWTH PLANS AND HOWYOU SEE THAT.>> WE STARTED OFF OUR FIRSTYEAR SELLING IN 2015 IN THE LAST

28
00:03:20.430 --> 00:03:29.010
QUARTER AND HAD ABOUT $250,000IN REVENUE THAT YEAR AND THENEXT YEAR WE HAD ABOUT 10 TIMESTHAT NUMBER AT 2.5 MILLION AND

29
00:03:29.010 --> 00:03:36.020
THIS YEAR THIS PAST YEAR WEFINISHED AT 3.5 MILLION.WE EXPECT THAT TO GROW.WE HAVE NEW ACCOUNTS WE JUST GOT

30
00:03:36.020 --> 00:03:43.420
INTO IN THE WIRELESS INDUSTRYTHAT WILL CATAPULT US INTO THATMASSIVE GROWTH THAT WE ARELOOKING FOR.

31
00:03:43.420 --> 00:03:49.100
>> TARGETING 15,000 STORESGLOBALLY ON THREE CONTINENTS ONTHE YEAR AHEAD SO
