tooride - private tours on-demand
TRANSCRIPT
AGENDA1. Why Tooride? What are the problems we’re trying to solve. Platform to host services
2. Opportunity for our product in this big market Competitors Acquisition options
3. Tooride showcase Video & Screenshots
4. Current Tooride data and feedback
5. Business Plan
There aren’t reviews for this guy how can I
trust him?
Going by myself,
foreign language and transportation
…are problematic for me.
Private tours are very
expensive.
Couldn't feel the local culture fromtraditional travel tour.
Traditional tours are boring.
People love my services, read my
reviews!
I have a nice car,and can speak more than 3 Languages.
User generated tours for affordable
prices.
I am your local friend.
I know all the local places.
My tour is beautiful and
unique.
• Newcomer Reception
• Business Trip / Conference / Events
• Photoshoots
• Night Life / Gourmet / Wine Tasting
• Real Estate Touring
OTHER SCENARIOS
ANYONE CAN BE A TOUR GUIDE
• Whether you are someone who wants to monetize your free time
• Or someone who is eager to share local experiences• Or someone who wants to offer expertise services• Travel Agency
• People who love traveling, but not good at planning• Age 18 - 40: opportunity to make friends with locals• Age 40+: private local assistant
Acquisition:• Social Networks (Facebook, Craigslist, WeChat, QQ
group…)• Partnership (Airlines, Hotels, OTA, Travel Agencies,
Colleges…)
TARGET CUSTOMERS & ACQUISITION
TOURISM MARKET SIZE
United States- 75M international visitors. - $177B from international tourism. - $110B from Americans spending on tourism.
Europe- 582M international visitors.- $300B+ from Europeans spending on tourism.
China- $57B from international visitors.- $165B from Chinese spending on tourism.
Bay Area- 26.8B from that.
California- Tourists spent a record of $110B+ in CA.
San Francisco- 16.9M visitors last year.- $9.4B from tourists visiting SF.
PRODUCT OPPORTUNITY
Sharing Economy is on the rise • Share-based services provide favorable values:
• Trust • Transparency• Economic empowerment
Accommodations: AirBnB / CouchsurfingTransportation: Uber / LyftTraveling: ?? Tooride
COMPETITORS
Verlocal Offers classes+activities / Customer has to get to the location, and stick with group.
Tooride Private Tour Guides will pick the customer up, stay with them for the duration of the tour, then drop them off.
Connects customers with Tour Guides only. Tour planning options with different formats (hard to compare)
Tooride No back & forth communication.Unified tour format.
BreadTrip/ Social Media only showing which places to visit.
Tooride Beautiful tours/services, ready for instant booking.
• College Students
• Lyft / Uber Drivers
• Professional Tour Guides
• Photographers
• Real estate agents
WHO ARE OUR CURRENT TOUR GUIDES?
• Conference support: Connect 2016.• Conf. Speaker leisure & entertainment (Lake Tahoe, Napa…)• Company remote studio visit/handling.• Conference support: GGVC
HOW IS IT GOING NOW
REVENUE MODELS
Part 2: VIP Services (monthly fee)
Part 1: Commission
Part 3: Partnerships (Q3 2016)
• Post unlimited tours • Featured tours
• Charge ~25% commission for every transaction
• Hotels, Traditional Travel Agencies.• Handle companies remote studios visits.• Replace “on-sight only” services with our online platform & support.• Admin tools for them to manage their services (e.g.: OpenTable)
GO-TO-MARKET STRATEGY
Part 2: AD on the social network
Part 1: Partnerships
Part 3: Offline Marking
• Facebook• Instagram• Wechat
• Organizers Support • Company services (remote studios visits…)
• Event, conference.• Visa agent• International travel agencies (send their tourists to the US)
CURRENT DATA
1. Customer 17% of total users.
2. Tour Guides 9% of total users.
3. Commission ~37% (22% - 50%).
USE OF FUNDS
Part 2: Product / Operations
Part 1: Team
Part 3: Marketing
• Website and Android version• Standardized training services• Licensing, insurance, security checks.
• Tour & Social Editor (1- Alicia)• Operations Manager (2- Filipe, Hanqing)• Business Development (1- Matt)• Android Engineer (1- Karim)
• Social Networks: WeChat, Weibo, Facebook, Craigslist, Yelp, Instagram• Coupons promotions / Groupon• Business Partners with Airlines, Hotels, OTAs, Travel Agencies and Colleges
• Karl Boghossian (Co-Founder & CEO/CTO)• 8 yrs programming experience• Microsoft / Zynga• Zynga Patent & Awards
• Beibei Zhang (Co-Founder & COO/CPO)• 8 yrs product designer• Tencent• QQ Music / Qzone / QQlive
CORE TEAM