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SALES

DECK

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Company & Products

Contains: Founder, information about products, and why we sell.

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Executive Summary

  • 9 years on the market - Online shop for hammocks & camping equipment
  • 100% location-independent and highly automated / No dropshipping / Warehouse & Fulfilment in Germany
  • Partnerships with GoPro, Pringles, PayBack, RedBull, VitaCola, DMAX, Warsteiner, Parship, and many more
  • Between 500 TEUR - 1.5 million EUR revenue per year

2020 ~800k Revenue / 107k Result

2021: ~1,5Mio. Revenue / 313k Result

2022: ~1Mio. Revenue / 290k Result

2023: ~627k Revenue / -36k Result

Januar 24: ~30k Umsatz / ~15k Result:

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Founder

Tobias Tullius | Ex Uber/Spotify

Tobi founded HÄNG in 2014 during his studies in Tübingen. Since then, he has been both the heart and the mind behind HÄNG. Tobi is responsible for almost everything visible to the outside world.

LinkedIn

M.Sc, Vincent Hommel

Vincent joined HÄNG as a co-founder in 2017 and has been mainly the mastermind behind the scenes since then. Supply chain management, sales, and procurement are his disciplines.

LinkedIn

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Why we founded HÄNG

�We wanted a place of self-determination to explore ourselves and our passions. Profits were a means to keep our venture going.��Having leisure time, automation, and not having a 60-hour work week were personally more important to us.��Tobi was able to express himself in the field of marketing and learn everything from events to PPC, while Vincent dedicated himself to his passion and could design products.��Thanks to the location-independent structure, we were able to do that and travel the world at the same time.��Meanwhile, HÄNG Outdoors has grown...

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The Products

  • 99% of the revenue from five self-developed proprietary products
  • HÄNG - Ultralight Hammock
  • DÄCKE - Outdoor Blanket | Kickstarter 12k
  • BÄG - Courier Backpack
  • FÄNNY - Hip Bag
  • SÄVE - Tree Protection
  • SHÄLTER - Outdoor Tarp (New)
  • Long-standing manufacturer contacts
  • All products:
  • Unisex, one size fits all, durable & easy to transport
  • Sale of third-party products (sleeping pads/pillows/mosquito nets) tested and proven.

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Events & Rental

  • HÄNG has gained wide recognition through its presence at over 40+ events.
  • The event domes are rented out. This means they are advertising spaces for HÄNG that pay for themselves.
  • The entire dome rental has been outsourced and is automated through a service provider.
  • Hammock rental: Cleaning, inspection & shipping of hammocks to festivals by a second, external partner.
  • 100+ event & festival contacts from 5 years are available.
  • HÄNG receives complimentary tickets, which are raffled on Instagram and are a proven marketing strategy.

PAROOKAVILLE | LOVEFAMILY PARK | PLÖTZLICH AM MEER | KLANGTHERAPIE FESTIVAL | FEEL FESTIVAL | MELT FESTIVAL | ARTLAKE FESTIVAL | JUICY BEATS | PULS OPENAIR | MUNICH M.A.S.H | VW BULLI SUMMER | SPLASH | MOYN | and many more...

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Shopify-Shop

  • 86% of revenue through own shop
  • ~€3.37 million revenue since July 2019
  • ~2% conversion rate
  • ~€100 average order value
  • 9% returning customers
  • 99% DACH region
  • 18% direct traffic
  • Over 4100+ ★★★★★ reviews (Real & verified)
  • Online for 9 years under the same domain + alternative domains in own hands
  • CR optimized & never been warned

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Amazon-Shop

  • Over 681 TEUR total revenue since 2020 (On Amz since ~2016)
  • 2020 - 96k revenue
  • 2021 ~268k revenue
  • 2022: ~207k revenue
  • 2023 YTD: ~110k revenue
  • All products with A+ Content & optimized
  • 4.8 star rating - 71 reviews in total
  • Twice selected for Amazon's Launchpad Program including various placements & promotions
  • ROAS-Profitable campaigns since first launch in Q3/2023

2020 - 96k revenue

2021 ~268k revenue

2022: ~207k revenue

2023 YTD: ~110k revenue

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Fulfillment service provider in Leipzig and collaboration for over 6 years

Own Shopify integration & friendly contact exists

Service provider transmits stocks in real-time to the merchandise management system / Shopify

100% biodegradable shipping packaging & reduction of plastic through self-developed packaging made from cornstarch/optimized paper bags

Returns processing & refunds via own portal

  • Fulfillment Dienstleister in Leipzig und Zusammenarbeit seit über 6 Jahren�
  • Eigene Shopify-Anbindung & freundschaftlicher Kontakt besteht�
  • Dienstleister übermittelt die Bestände in Echtzeit in die Warenwirtschaft / Shopify�
  • 100% Abbaubare Versandverpackungen & Reduktion von Plastik durch selbst entwickelte Verpackungen aus Maisstärke/optimierten Papiertüten. �
  • Retourenabwicklung & Erstattung über eigenes Portal

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Why are we selling?

After 9 years, we have become interested in new projects and actively pursued them. Both Vincent and Tobi have been dedicated to new activities since Q4/2022.

Vincent will take over the family business (medical technology) and Tobias has established a second foothold as a Content Creator.

We had hoped that we could keep HÄNG running and reduce our involvement there. This misconception will be visible in the results of '23.

The lack of passion combined with new opportunities has led us to want to hand over this company to good hands rather than just half-heartedly leading it.

2020 ~$800k revenue / $107k profit

2021: ~$1 million revenue / $147k profit

2022: ~$1.5 million revenue / $580k profit

2023 until June: ~$400k revenue / $16k profit

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Marketing

Contains: Marketing campaigns, channels, potentials, brand rights & SoMe

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Email-NL

  • Highly automated email marketing suite. This includes over 39 automations that send conversational emails based on customer segmentation.
  • ~50k EUR revenue in 2023 alone
  • Evergreen contest strategy works automatically.
  • Optimized, self-developed HTML templates in over 40 versions
  • Additional option for manually sendable newsletter campaigns
  • Own IP available for spam reduction, DKIM & SPF signature
  • 200-1k new email contacts per month

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PPC campaigns

  • Experience from over ~1 million AdSpend since founding available.
  • Pixel & tracking available and integrated since day one.
  • Active, multi-year PPC campaigns on Google, Facebook, Instagram, TikTok, AdRoll, Pinterest.
  • Over 1TB of creatives/material/assets available.
  • Own media server for creatives available.
  • Model releases & rights of use in writing at HÄNG.
  • All campaigns available and visible (AdManager + own database)

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Contests

Over 100 contests conducted with partner companies. | Clif Bar, MarcoPolo, Almdudler, Pringles, FLSK, PaulCamper, Roadsurfer, KnisterGrill, Campustüte and many more

All contests were logged, documented, and contacts were stored for possible future repetitions.

Established and extremely cost-effective way of acquiring new customers

Including a giveaway of a trip to Thailand worth €3000

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Print

  • ADAC Motorwelt
  • Time
  • RedBull Bulletin
  • Mountain Worlds
  • GQ
  • StartupValley
  • JustGo
  • Living At Home
  • BeatYesterday
  • Parents Family
  • COUCH Magazine
  • Bonewiw Magazine
  • Meraki Magazine
  • MacLife
  • Grilling Magazine
  • Parents Travel Magazine
  • and many many more

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Influencer

Database of all influencers including status & contact details is available

~3k mentions of own hashtag #SCHWINGERCLUB & 20k #HÄNG

Several years of affiliate programs with 65 active partners

~26k EUR total revenue | 0€ tool costs

Blog articles & reviews on partner sites are available:

Examples:

Spiegel.de

Spiegel.de again

Testsieger.de

Wanderzentrale.de

bergparadiese.de

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Media + TV

Vox - Hot or Not

ZDF Garden Show

Inquiry from Shark Tank | (rejected by us)

Adventure of Self-Employment

WDR

Various Podcasts

Shopify / Founder Friends / Founder Life / RunFiction / CamperNomads / LiveVerde / Talents Podcast / JoinmyTrip

Portraits by Tobi

Galileo

RTL News at 12

Kabel1 - Adventure Life

Own Press Area

Overview of Press Releases

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Blog & Page

  • 120+ keyword-optimized blog articles including Alt-Tags & optimized titles.
  • Conversion-optimized page by external service provider Shivook + Premium Streamline Theme - Utilization of Google Optimize A/B Tests.
  • Log of all modifications made in the Shopify Code
  • Version control & backups of themes on GitHub
  • Continuous customer survey running after checkout. Deep insights on age, purchase reasons available. | ~40% Response Rate & 3k+ Answers.

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Social Media

  • All social media platforms have been active for over 9 years and have never been blocked:
  • Instagram (16k), Facebook (5.1k), TikTok (3.2k), YouTube (3 million views), Pinterest (13.7k monthly views), LinkedIn, Spotify, Tumblr, Snapchat, Twitter, and many more.
  • Over 300 Reels & TikToks available + 281 HQ YouTube content created by our own creators.
  • #1 ranking for all relevant keywords on TikTok.
  • Organic user-generated content has been collected, secured, and usage rights obtained.
  • Over 40 UGC reviews from real individuals.

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03 / 04

Assets

Contains: Brand, Assets, Designs etc.

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Trademark

  • Trademark is fully registered by a lawyer specializing in trademark law
  • Link to registration
  • Received without objection
  • Expanded product range is reserved
  • Previous warnings by us have been documented -> Incident documentation

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Notion

  • Continuous project management tool since 2018
  • Every step, every task is documented
  • All data only archived. Never deleted. Everything is still available.
  • Meeting notes
  • Process instructions
  • TODOs
  • Weeklies
  • Marketing measures
  • etc.
  • Clear & simple

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Tools + Tools

  • All automations are proven to be highly scalable
  • Experienced nearly 5000% revenue growth in 2020 without additional effort
  • Monthly fixed costs for tools & software below 400€
  • Password manager available and handed over collectively
  • Very high security standard. No compromise in 8 years
  • No deletion occurs. All data is only archived and permanently accessible.

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Support & Returns

  • Automated Ticket Support
  • Text modules, wiki with documentation, return tool for processing returns, integration with Shopify shop are available
  • Less than 30 tickets per month requiring problem resolution
  • Defect rate of bestsellers <1%
  • Complete range is unisex, one size fits all, durable & transport stable
  • Historical meeting notes of all support meetings available and accessible in Notion
  • Extremely well-documented content, processes & workflows in -> TEAM_SUPPORT

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B2B

  • Completed cooperations with: RedBull, GoPro, VitaCola, MioMate, DMAX, Warsteiner, Pringles, Paulaner Beach Days, Crosscamp, Lovoo/Parship, and many more.
  • 1000pcs Pringles
  • 700pcs Vita Cola
  • 500pcs BÄG Lovoo
  • HÄNG as a bonus at PayBack & Die Bahn in the assortment. 40k turnover (Recurring) in 2022/2023 - Established since 2019.
  • Manufacturing companies for patch modification available and tested in both CN and DE.
  • Products can be individually printed. For example, individual DTF printing of HÄNG.

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Photos + Videos

  • Sorted file server on Schwingbox.de with over 1TB of material - Tagged & categorized by product.
  • AdCreatives / Photos / Videos / TikToks / YouTube / UGC / Events / Cutouts
  • Each TikTok/YouTube video and user-generated content (UGC) is separately secured.
  • YouTube channel with extremely high-quality creator material / 300+ Reels & TikToks
  • Raw material from freelancers also available for re-editing.
  • All rights secured and contractually in place

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Engagement

2019-2023 Partner of the Eden Reforestation Projects. Donation of trees per product

Continuous donations from profit shares. Database of all donation recipients is available and visible

Regular actions to "do good" including overview

Upcycling of returns

SDG Commitment

Innovative Black Friday actions - 100% of profits are donated

This generates enormous attention -> Shopify special feature

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Domes & Domes

  • Ownership of 15 event domes for 3 pieces & one dome (6m for 12 pieces). Rental, shipping & setup are outsourced to an external party (event service provider).
  • Hammocks are rented out at festivals. Cleaning, quality control, shipping & inspection are carried out by a second partner.
  • Event collaborations include MioMio-Mate and Warsteiner among others.
  • Festival contacts & database available.
  • Presence at advertising material fairs & booth materials.

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Design

  • Logos/Vector & Open Files including Individual Product Logos available
  • CI Design Guide
  • Products
  • Website
  • Print
  • Freelance Designer available and will be handed over
  • Tone of Voice Guide (Customer Communication)
  • Content Video + Photo Guide for External

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Inventory

  • All in one place for fulfillment
  • Shopify integration + Trello
  • Returns processing included
  • Picking possible
  • Inventory
  • ~200k purchase value (as of 20.09.23)
  • 52 EPALs (as of 20.09.23)
  • 33 SKUs
  • Very low storage costs
  • 7€ monthly per EPAL

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Behind the Scenes

Includes: Accounting, Import, Remote, HR, etc.

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Import & R&D

  • Forto GmbH as logistics partner since 2018 (Import)
  • Service provider for on-site quality management available
  • COGS per product recorded
  • Ready-to-ship, sustainable paper packaging + CI design set up from the factory
  • Excel with every order since 2018
  • Automatic customs clearance + COGS calculation
  • Product specification + test report for each product
  • Returns analysis for product improvement

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Accounting

  • Monthly BWA by the 10th of the following month
  • Freelance accountant available €180 monthly
  • Checklist + guidance in-house
  • Every document in-house
  • Tool: Easybill
  • Amazon outgoing invoices
  • B2B outgoing invoices
  • Every account movement since 2018 recorded
  • including classification & tags
  • Tax consultant
  • including Account One access
  • detailed Amazon reports
  • Amazon experience
  • OSS System (Foreign VAT)

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100% Remote

Interview about working at HÄNG from an employee's perspective:��https://dieverpeilte.de/haeng-ein-blick-hinter-die-kulissen/�

Everything optimized for location independence�

Virtual office available for everyone to meet | Free of charge�

Automated onboarding process including explanations & tools�

Guidance on remote work�

MORE: https://we-hang.com/pages/teamseite

MORE: https://we-hang.com/pages/teamseite

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HR

No full-time staff needed/available. Only freelancers & contractors

Total wages & salaries < never exceed 8k € monthly

for a maximum of 10 people

Wages 08/2023 - 7788€ incl. health insurance

Wages 08/2022 - 6580€ incl. health insurance

Wages 08/2021 - 7070€ incl. health insurance

Complete process documentation available in a company wiki

including videos

Training on communication culture

Feedback + goal setting

Guidance + tracking

Automated application process & Join.com as a tool

600+ applications received

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Outlook & Potential

  • Everything prepared for launch in Australia
  • ABN, 3PL, supplier & Eng. shop available.
  • New products available
  • SHELTER (Tarp) in 2 design variants / 29.10.23
  • ANCHORS - wall mount
  • Sample available
  • Foreign products | >1% of revenue
  • Test since 03/23
  • Expansion possible without problems
  • Retail & B2B - tested and profitable
  • By using Shopify Collective, the sale of foreign products is possible without inventory
  • Event & festival industry

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Rough Timeline of Sales Process

Please note: This is a preliminary version and will be updated with dates in the upcoming days

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