final pet stop
DESCRIPTION
TRANSCRIPT
TECHNOVATION 2013
PET STOPBy GeekChic (SOPHIE CHEN, CINDY DENG, NANDINI IYER, ALISHA PARIKH, AMRITA VENKATRAMAN)
“One Stop at Pet Stop for all your Pet
Needs”
Outline
Vision and Strategy Market Need Target Audience App Description Competitive Edge Technology
Integrations Financial Analysis Appendix
VISION AND STRATEGY
VISION: Leverage mobile technology to help the pet owner and pet lover community
STRATEGY: Create a mobile app that enables pet owners and lovers to efficiently access relevant information “on the go”
Photo taken in Sunnyvale, CA
Market Need
1. ONLY 15%-20% of lost dogs are ever found*: Easy way to notify, locate and report lost pets
2. Absence of efficient way to find local pet-related facilities:
Finding local vets Learning about local pet hang-outs Finding pet-sitters
3. User-friendly, intuitive, easy-to-use, on-the-go interface
*National Council on Pet Population Study and Policy (NCPPSP) 2013
Target Audience: Members and Advertisers
Members (Free and Paid memberships): Pet-owners
Looking for lost pets
New, first-time Looking to adopt a
pet Community
members Who are pet lovers Looking to adopt a
pet
Advertisers (Paid advertisers): Pet Shops
Chains: Petco, PetSmart
Local Pet Shops: Tim’s Fish Shop
Kennels, Groomers, Pet sitters
Veterinarians Clinics Dog and Cat Shows
Key features include • posting about and finding lost
pets• Finding pets to adopt• locating vets and pet events• posting/finding pet sitters• Locating pet shows and parks
APP DESCRIPTION
Postings on Lost Pets
Allows users to report if they lost a pet by putting signs online, storing information about the pet, and including a picture
Browsing Lost Pets
Enables users to look at lost pets in their local area (by zip code) or all the lost pets posted in the database
Provides all relevant information about the lost pet that was inputted
Adopt a Pet
Based on user’s zip code
Looks for pets in the user’s area depending on what pet is searched
Returns picture of the pet as well as contact information
Find Vets
Using a GPS navigation function, this screen allows users to see the top five veterinarian business within a five mile radius of their location
Launch, Find and Attend Events
Allows users to easily set the date, time, and place of dog/cat park events and share with friends
Integrated with Facebook and Twitter as well
Locate Pet-Sitters
Integrates the Twitter feature to allow potential pet sitters to post their availability (date, time, etc.), as well as for people to look for available sitters
Get Directions to Park/Event
Increases efficiency by allowing the user to quickly search any nearby park and/or walking route to walk his or her pet or host park events for pets
Features Pet Stop
Pets Next Door
Off the
Leash
Dog Park
iPetBrand
Feature to post about lost pets
User-friendly
Based on Current Location
Community-oriented
Targeted towards all pets
Integrates with Facebook and Twitter
Feature to look for adoptable pets
Competitive Edge
Technology Integrations
API’s used: Google Maps (for Events) Google Places (for Vets) Facebook (for Events and Pet-Sitting) Twitter (for Pet-Sitting) Pet Finder (for Adoption)
Crucial App Inventor Components Tiny DB Tiny Web DB WebViewer Notifier Twitter
In 2012, $53.33 billion spent on pets in the U.S., with 38% of that expense being spent on features that our app caters to (e.g. vets, adopting.) Our hope is to tap this growing market by having our app sold in two versions—a free version with advertisements and a premium version ($3.99) with no advertisements.
FINANCIAL ANALYSIS
Product Roadmap
Future Plans Use face-recognition software to help
match lost and found pet pictures Share and look for events by automatically
integrating Facebook with the app Use Google Places API to find the nearest
pet parks, dog shows, etc.
Sales and Marketing Plan
Marketing Plan Targeted Ads on social networks Paid searches on Google and Yahoo Local Social Media Buzz
Sales Plans Free Service
Advertisement: $0.80 per 1000 impressions ($0.8 CPM) Premium Service - $3.99 download
No Advertisements 10% of reward value for pets found through Pet
Stop
Revenue and Financial Plan
Assumptions and Estimates Focus on local community: Cupertino,
Los Altos, Sunnyvale, Mtn. View, CA Community size: 130K households 62% of households own a pet* Focus on Premium Service revenue Penetrate 5% of TAM in the first year
Total Ad-dressable
MarketNon Pet Owners (49400)
38%
62%
Pet Stop Market (Year 1) PetStop
(4030)
95%
*Source for Data Used: ASPCA (2012)
5-year Financial Projections Assumption: Market share 2x annually Year 1: 4,000 users x 3.99 = $16K Year 2: 8,000 users x 3.99 = $32K Year 3: 16,000 users x 3.99 = $64K Year 4: 32,000 users x 3.99 = $128K Year 5: 64,000 users x 3.99 = $256K
Funding Request
Little start up capital needed Team works from home Minimal capital equipment required Advertisement revenue will support time
investment Long term
Expand into entire US market Build iPhone App in 1 year Add additional services
Looking for $10K initial investment
ROI = 25x in 5 Years
If you have any questions, please e-mail us at [email protected].
Thank You!
Appendix: Market Survey
Lost Pets Notifi-cation
Social Gatherings Contact Vets Help Pet Return Pet Further Interest
Series1 0.7667 0.5223 0.7111 0.8445 0.9299 0.2889
5.00%
15.00%
25.00%
35.00%
45.00%
55.00%
65.00%
75.00%
85.00%
95.00%
Market Research Results
Perc
enta
ge o
f P
eople
who r
esponded 7
or
above(o
ut
of
90)
*Link to Survey Questions: http://www.surveymonkey.com/s/3TFB7H8