Average Student Day Free Time college students function on an - - PowerPoint PPT Presentation
Average Student Day Free Time college students function on an - - PowerPoint PPT Presentation
Average Student Day Free Time college students function on an on-demand economy e-everything movement INSERT LOGO HERE Instantaneous card delivery service Handmade, hand-written cards How do you use our service? 1 2 3 4 Download
Average Student Day
Free Time
college students function on an on-demand economy
e-everything movement
INSERT LOGO HERE
Instantaneous card delivery service
Handmade, hand-written cards
How do you use our service?
1 3 2 4
Download
- nline mobile
app Complete
- rder form
Pay Via app/Venmo Receive confirmation
Samples
Jessica Yu ‘17 - Duke Kobi Theiler ‘18 - Duke
Portfolio showcase
Connect artists with avenues to promote their work
Optional Gift Card (Local Retailers)
Business Plan - Variable and Fixed Costs
Variable Total Cost Per Card Printing (11”x17”) $1.85 per sheet $0.83 Delivery (8/hour) $8.00/hour $1.00 Calligraphy (15/hr) $10.00/hour $0.67 Operations Salary (20/hr) $10.00/hour $0.50 Fixed Total Cost Per Card Paper $13.99 (50 Sheets) $0.14 Artwork (limit of 1000) $30.00 $0.03 Calligraphy Supplies $4.68 (marker:200 cards) $0.02
Total $3.19
Business Plan - Market Sizing (Duke)
Birthday Cards Sold per Year: 9,830 cards Congratulations and Other Cards: 20% = 2,990
Population Reach Cards Sold 10% 1,786 per year = 7 cards/day 30% 5,358 per year = 22 cards/day 50% 8,930 per year = 37 cards/day
Annual Potential Card Sales: 9,830+2,990 = 17,860
Pricing and Revenues
Delivery Cost Profit Premium (2-3 Day) $6.00 Card + $5.00 Delivery $7.81 O’Crap! Same Day $6.00 Card + $10.00 Delivery $12.81 O’ Crap Same Day + 10$ Local Business Gift Card $6.00 Card + $10.00 Delivery + $12 Gift Card $14.81 The average customer would use the same day Population Reach Annual Profit 10% (1786 cards) $22,878.66 30% (5358 cards) $68,635.98 50% (8930 cards) $114,393.30
Total Potential Profits
Duke UNC NC State Wake Forest Total 10% (Pessimistic) $22,878.66 $12,373.33 $37,341.15 $9,722.79 $82,315.93 30% (Expected) $68,635.98 $88,119.99 $112,010.64 $29,168.37 $297,934.98 50% (Optimistic) $114,393.30 $146,879.46 $186,692.94 $48,613.95 $496,579.65
How do we reach 50%?
Intercept the process of “Event Realization”
right market right message right time
- always busy
- want to be personal
- oh crap I forgot!
- that’s a good idea!
- personal and easy
- immediate
- on demand
mobile tools make impressions
Easy to remember Easy to
- rder.
Align notifications with specific campus trends
Align notifications with specific campus trends Skew market towards premium and same-day delivery services
Free Trials
Connect the App to Facebook for a Free First Order
Campus Insider
Establish The Card Company
- access to campus wide promotion
- informed about specific trends
- first year opportunity
Upfront Costs
$5,000 Free Trials $10,000 Cost of App $4,000 Events and Marketing $1,000 Administration (~two months)
$20,000 Initial Investment
Why You Should Support Us?
Unique idea Solves multiple problems Huge market Easy to Grow
The Team
Hallie Aston Creative Director Kabir Sadarangani
Head of New Business
Kobi Theiler
Chief Marketing Officer
Chase Plancher
Chief of Operations