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A new way to explore.
                            Ajay Chainani
                           Andrew Greier
                        Bethany Halbreich
                           Jonathan Jeong
                             Jordann Wine
Agenda
•   Company purpose
•   Problem
•   Solution
•   Why now
•   Market Size
•   Competition
•   Product
•   Business Model
•   Team
•   Financials
Company Purpose
 To provide an interactive mobile exploration tool that serves
       as a custom guide based on specific interest areas

• Short Term: Provide a detailed guide around NYU’s campus for new and
  prospective NYU students:
    – Specific to school, interests, and location
    – Recommends sponsored local attractions


• Long Term: Expand upon our mobile platform to provide guidance to
  consumers globally:
    – User generated content
    – User rating system


• Value Proposition:
    – Buyer: An exciting, customizable, mobile, GPS-based guide
    – Seller (Advertiser): Location based advertising that is relevant
Problem
Today: When people explore and learn about
physical places, they rely on the internet, word-of-
mouth, tour books, or even guesswork
                              Pain: None of
                              these methods
                              combine guidance,
                              customization,
                              mobility, and
                              credibility
Solution
• Value Proposition: An interactive mobile exploration
  tool that serves as a custom guide based on specific
  interest areas. iGuide is built on the iPhone platform,
  leveraging location-based GPS technology, and
  powered by user generated content

• “I am a prospective NYU student and I’d like a new
  way to explore athletic facilities around campus”

• Why use it?
  – Interactive and customizable process
  – Cuts search and sorting time
  – Specific and credible content
  – Fun to use
Why Now?
The Evolution
• The tour information industry has not changed much over the years:
    – Tour books & tour guides  Tourism information on the internet
• The directory industry however has changed:
    – Yellow Pages  Directory information on the internet  Yelp!  Yelp! Mobile



                                  Recent Trends Make This an Opportune Moment
                                      • Technological Advancements:
                                          – iPhones with GPS
                                          – Apple store platform
                                          – Mash-ups
                                      • Clutter of data
                                      • Business Model:
                                          – GPS based advertisements
Market Size
Phase I – NYU
    • > 80,000 people want to explore NYU in a customized way
          • > 40,000 students1 tour NYU each year; enrollment of > 40,000 students1
          • Benefit from cyclical admissions and academic process

    • NYU is the ideal location for the iGuide platform App:
         • Relatively higher penetration of Apple products
         • Cosmopolitan surroundings allow for customization in exploring interests


Value of Our Customers
    • “I am an NYU Student and I want a new way to explore
    Japanese Denim Stores”
    • iGuide customers are valuable                                                    >12,000
          • “Sticky” due to business model                                 >7,500      Downloads
          • Leverage the diversity of NYU
                                                                           Downloads
          • NYU students live in & around campus
          • Growing applications to NYU                       >4,000
                                                              Downloads

1
    NYU Campus Admissions
2
    See market size & distribution assumptions
Competition
Current Competition:
       Competitors              Weaknesses                Strengths                   Vulnerability
NYU Welcome Center     •Inconvenient              •Credible                 •Not In-depth
Tour                   •Not customized to the     •Questions                •Biased
                       individual                 •Personable
Campustours.com        •Not Mobile                •Large database           •Does not leverage phone
                       •Not customizable          •Specific information     technology
                                                                            •Biased


Future Competition:
Yelp                   •Not customizable          •Categorized              •No guidance provided
                       •Solely a directory        •User-generated content

Not For Tourists       •Not interactive           •Maps                     •Does not leverage phone
                       •Not customizable          •Credible Commentary      application technology
                                                  •Web-based & book

Tour Books             •Costly                    •Book                     •Not customizable
                       •Book                      •Recommendations
                       •Not detailed enough       •Credible


 *All competitors mentioned are possible adjacent market entrants.
Competition (Cont.)
• Competitive Advantages:          • Sustainability:
   – Mobile platform                  – The fact that we have
   – User-generated content             physical real estate on the
   – Customizable                       customer’s phone and
                                        they made the purchase it
   – GPS-based                          creates high switching
   – Cheaper                            costs.
                                      – As a first mover we will be
• Roadmap to sustain/build this         able grow our user-
  advantage:                            generated content faster
   – Through four phases of
     execution, beginning with
     NYU, and eventually
     expanding to a global level
Competition (Cont.)
Competitive Landscape
The Product
The Product (Cont.)
Business Model
• Revenue Model: Product and Advertising
• Revenue derived from paid downloads of application and location based
  advertising
    –   Charge a marginally higher price in the iTunes Store
    –   Signals a high quality product
    –   Induces customer to use application more often improves advertising revenue
    –   Once the application is purchased, all additional tours are free of charge
    –   Comparable products range from free (Yelp) to $9.99 (Zagat)
    –   Relative to the industry landscape, we are in
• Sales & Distribution:
    – Apple Apps Store
    – Endorsement by NYU
• Pricing:
    – average account size and or lifetime value
    – Customer pipe line list
Team




            Board of Advisors (skills/profession):
Patrick Gorman (Founder iFind Group), Professor Norman White
                    (NYU IOMS Dept. Head)

 Also interested in having lawyers, tour industry experts, and
                             investors
Financials
•   P&L
•   Balance Sheet
•   Cash Flow
•   Cap table
•   The Deal (ask for money and tell why)

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I guidefinalv4

  • 1. A new way to explore. Ajay Chainani Andrew Greier Bethany Halbreich Jonathan Jeong Jordann Wine
  • 2. Agenda • Company purpose • Problem • Solution • Why now • Market Size • Competition • Product • Business Model • Team • Financials
  • 3. Company Purpose To provide an interactive mobile exploration tool that serves as a custom guide based on specific interest areas • Short Term: Provide a detailed guide around NYU’s campus for new and prospective NYU students: – Specific to school, interests, and location – Recommends sponsored local attractions • Long Term: Expand upon our mobile platform to provide guidance to consumers globally: – User generated content – User rating system • Value Proposition: – Buyer: An exciting, customizable, mobile, GPS-based guide – Seller (Advertiser): Location based advertising that is relevant
  • 4. Problem Today: When people explore and learn about physical places, they rely on the internet, word-of- mouth, tour books, or even guesswork Pain: None of these methods combine guidance, customization, mobility, and credibility
  • 5. Solution • Value Proposition: An interactive mobile exploration tool that serves as a custom guide based on specific interest areas. iGuide is built on the iPhone platform, leveraging location-based GPS technology, and powered by user generated content • “I am a prospective NYU student and I’d like a new way to explore athletic facilities around campus” • Why use it? – Interactive and customizable process – Cuts search and sorting time – Specific and credible content – Fun to use
  • 6. Why Now? The Evolution • The tour information industry has not changed much over the years: – Tour books & tour guides  Tourism information on the internet • The directory industry however has changed: – Yellow Pages  Directory information on the internet  Yelp!  Yelp! Mobile Recent Trends Make This an Opportune Moment • Technological Advancements: – iPhones with GPS – Apple store platform – Mash-ups • Clutter of data • Business Model: – GPS based advertisements
  • 7. Market Size Phase I – NYU • > 80,000 people want to explore NYU in a customized way • > 40,000 students1 tour NYU each year; enrollment of > 40,000 students1 • Benefit from cyclical admissions and academic process • NYU is the ideal location for the iGuide platform App: • Relatively higher penetration of Apple products • Cosmopolitan surroundings allow for customization in exploring interests Value of Our Customers • “I am an NYU Student and I want a new way to explore Japanese Denim Stores” • iGuide customers are valuable >12,000 • “Sticky” due to business model >7,500 Downloads • Leverage the diversity of NYU Downloads • NYU students live in & around campus • Growing applications to NYU >4,000 Downloads 1 NYU Campus Admissions 2 See market size & distribution assumptions
  • 8. Competition Current Competition: Competitors Weaknesses Strengths Vulnerability NYU Welcome Center •Inconvenient •Credible •Not In-depth Tour •Not customized to the •Questions •Biased individual •Personable Campustours.com •Not Mobile •Large database •Does not leverage phone •Not customizable •Specific information technology •Biased Future Competition: Yelp •Not customizable •Categorized •No guidance provided •Solely a directory •User-generated content Not For Tourists •Not interactive •Maps •Does not leverage phone •Not customizable •Credible Commentary application technology •Web-based & book Tour Books •Costly •Book •Not customizable •Book •Recommendations •Not detailed enough •Credible *All competitors mentioned are possible adjacent market entrants.
  • 9. Competition (Cont.) • Competitive Advantages: • Sustainability: – Mobile platform – The fact that we have – User-generated content physical real estate on the – Customizable customer’s phone and they made the purchase it – GPS-based creates high switching – Cheaper costs. – As a first mover we will be • Roadmap to sustain/build this able grow our user- advantage: generated content faster – Through four phases of execution, beginning with NYU, and eventually expanding to a global level
  • 13. Business Model • Revenue Model: Product and Advertising • Revenue derived from paid downloads of application and location based advertising – Charge a marginally higher price in the iTunes Store – Signals a high quality product – Induces customer to use application more often improves advertising revenue – Once the application is purchased, all additional tours are free of charge – Comparable products range from free (Yelp) to $9.99 (Zagat) – Relative to the industry landscape, we are in • Sales & Distribution: – Apple Apps Store – Endorsement by NYU • Pricing: – average account size and or lifetime value – Customer pipe line list
  • 14. Team Board of Advisors (skills/profession): Patrick Gorman (Founder iFind Group), Professor Norman White (NYU IOMS Dept. Head) Also interested in having lawyers, tour industry experts, and investors
  • 15. Financials • P&L • Balance Sheet • Cash Flow • Cap table • The Deal (ask for money and tell why)

Notes de l'éditeur

  1. *I am [a prospective NYU Student] and I want a new way to explore [ NYU] . -Do we want to include images of the methods? A tour book, a person, a website?
  2. *I am [a prospective NYU Student] and I want a new way to explore [ NYU] . Filters for credible sources
  3. -The tour information industry is dying, just like the newspapers (Newspaper industry dying: Regional and interest specific ones that are surviving). App Store (Grease)
  4. -http://www.readwriteweb.com/archives/todays_iphone_users_are_young_rich_and_technically_savvy.php -Our Customer: Prospective NYU student and family, Valuable customers, “Sticky” due to business model -I am [a prospective NYU Student] and I want a new way to explore [ NYU] .