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Townzeee
Team 16:
Matt Cavenaugh
Abhijit Rai
Abhisek Swain
Customer Discovery
•
•
•
•

Number of towns: 5
Number of small businesses: 27
Number of people: 68
Number surveyed: 181
Total: 281
KEY PARTNERS

KEY ACTIVITIES

VALUE PROPOSITIONS

CUSTOMER RELATIONSHIPS CUSTOMER SEGMENTS

Partners:

Key Activities required:

Distribution channels

Value to Customer

Expected

- Towns and Municipalities

- Local Governments

- Developing website, mobile app

- Web and Mobile

- Digital Platform for branding and
advertising for towns and residents

- IT Support

- Businesses

- Local Businesses

- Getting towns and businesses to adopt
new platform
Customer relationships:

- Data of resident population

- Relationship management

- Residents

Suppliers: N/A

- Getting town residents to download our
app and visit our website
- Engagement with Municipalities

- Provide town residents with platform for
information on town events, deals from
merchants etc.

- Analytics

Resources from partners:

- Collecting and analyze customer data

- Engagement with Merchants

- Informative posts, pictures and
videos

- Geo-targetting and real-time bidding
functionality

- Business Development Staff
- Town residents: handle customer
feedback

- Daily deals

Most important Customers:

Customer Problem

Costs and Integration

- Residents, success depends
on adoptability

- Branding and Advertising

??

Increase the font!!!

- Advertisements
Activities

- User Interface

and make UI friendly and fun

KEY RESOURCES

CHANNELS

- Intellectual, Human Capital

- Website

- Branding

- Mobile App

- Optimized App, Website

- Social Media/PR

- Business Development Staff

- Third party partnerships

- Aggregation of Data

- Direct Sales by Biz Dev Staff

- Advertising

- Updating deals and events

- Geo-Targetting
- Real-time bidding
COST STRUCTURE

REVENUE STREAMS

- Software development, infrastructure
costs

- Website

- Marketing costs

- Mobile App

- Business development staff salaries

- Social Media/PR

- Customer service and support costs

- Third party partnerships

- Lawyer fees

- Direct Sales by Biz Dev Staff
KEY PARTNERS

KEY ACTIVITIES

VALUE PROPOSITIONS

CUSTOMER RELATIONSHIPS CUSTOMER SEGMENTS

Partners:

Key Activities required:

Distribution channels

Value to Customer

Expected

- Towns and Municipalities

- Local Governments

- Developing website, mobile app

- Web and Mobile

- Digital Platform for branding and
advertising for towns and residents

- IT Support

- Businesses

- Local Businesses

- Getting towns and businesses to adopt
new platform
Customer relationships:

- Data of resident population

- Relationship management

- Residents

Suppliers: N/A

- Getting town residents to download our
app and visit our website
- Engagement with Municipalities

- Provide town residents with platform for
information on town events, deals from
merchants etc.

- Analytics

Resources from partners:

- Collecting and analyze customer data

- Engagement with Merchants

- Informative posts, pictures and
videos

- Geo-targetting and real-time bidding
functionality

- Business Development Staff

- Branding and Advertising

Most important Customers:

Costs and Integration

- Residents, success depends
on adoptability

??

Increase the font!!!

- Advertisements
Activities

Customer Problem

Hypothesis:
Towns are our key partners

- Town residents: handle customer
feedback

- Daily deals

- User Interface

and make UI friendly and fun

KEY RESOURCES

CHANNELS

- Advertising

- Updating deals and events

- Intellectual, Human Capital
- Branding

- Optimized App, Website

Result:
WRONG!!!!!

- Website

- Mobile App

- Social Media/PR

- Business Development Staff

- Third party partnerships

- Aggregation of Data

- Direct Sales by Biz Dev Staff

- Geo-Targetting
- Real-time bidding
COST STRUCTURE

REVENUE STREAMS

- Software development, infrastructure
costs

- Website

- Marketing costs

- Mobile App

- Business development staff salaries

- Social Media/PR

- Customer service and support costs

- Third party partnerships

- Lawyer fees

- Direct Sales by Biz Dev Staff
Key
partners

Township &
Municipal
Communities
Local
Businesses

Key
activities

Township
relationship
management
Website dev
App dev
Support
Customer analytics
CC Transactions
Geo-target bidding
Key resources

IT Dev & Supp
Sales & Biz dev

Cost structure

IT development and infrastructure
Sales and business managers
Lawyers
Transaction fees
www.businessmodelgeneration.com

Value
proposition

Costumer
relationships

Costumer
segments

Easy to use
Mobile app

Drive
Tourism
Tourism

Residents
want to find
local events,
personalized
deals

Customer
analytics and
geo-targeting
Channels

Township

Small Town
Residents
Tourists

Local
Businesses
want to acquire
targeted
customers

Website

Local
Businesses

Mobile App

Revenue streams

Banner advertisements
Commissions on deal transactions
Customer analytics
Key
partners

Township &
Municipal
Communities
Local
Businesses

Key
activities

Value
proposition

Costumer
relationships

Costumer
segments

Township
relationship
management

Easy to use
Drive
Mobile app
Tourism
Township
Hypothesis:
Customer
Website dev
Tourism
Local businesses with capacity to increase demand are
analytics and
App dev
Residents
interested customer targeting andgeo-targeting
analytics.
Support
Small Town
want to find
Residents
Customer analytics
local events,
Result:
Channels
CC Transactions
personalized
Tourists
Verified
Geo-target bidding
deals
Key resources
Website
Local
Local
Hypothesis:
Businesses
Businesses
IT town Supp
want to acquire
Small Dev & residents want to know about events and would
Sales & Biz dev get push notifications on deals App
Mobile
targeted
like to
customers

Result / Learning:
Revenue streams
Cost structure
Hard to reach target audience through phone and Skype.
Must get
IT development and infrastructure outside NYC physically
Banner advertisements
Sales and business managers
Commissions on deal transactions
Lawyers
Customer analytics
Transaction fees
www.businessmodelgeneration.com
Key
partners

Key
activities

Township
relationship
management
Township &
Municipal
Communities

Website dev
App dev
Support

Local Businesses

Customer analytics
CC Transactions
Geo-target bidding
Key resources

IT Dev & Supp
Sales & Biz dev

Cost structure

IT development and infrastructure
Sales and business managers
Lawyers
Transaction fees
www.businessmodelgeneration.com

Value
proposition

Costumer
relationships

Easy to use
Mobile app

Drive
Tourism

Customer
analytics and
geo-targeting

Residents want
to find local
events, offers on
specific things

Channels

Local
Businesses
want to acquire
targeted
customers

Website
Mobile App

Customer
segments

Township

Moms with kids
below 13
Age: 24-45
Income<$70,000
Smartphone users
Social Media
Users

Tourists
Local Businesses
with need to
increase demand

Revenue streams

Banner advertisements
Commissions on deal transactions
Customer analytics
Key
partners

Key
activities

Value
proposition

Township
relationship
management
Township &
Municipal
Communities
Local Businesses

Costumer
relationships

Easy to use
Mobile app

Drive
Tourism

Customer
analytics and
Hypothesis:
Residents want
geo-targeting
to find years would have a need for
local
Mom’s 25-45 with kids < 10
Customer analytics
events, offers on
finding events quickly and finding deals
Channels
Website dev
App dev
Support

CC Transactions
Geo-target bidding

specific things

Result (w/ wireframing):
Verified: Desired app for MomsWebsite
Local

Customer
segments

Township

Moms with kids
below 13
Age: 24-45
Income<$70,000
Smartphone users
Social Media
Users

Key resources

Town Event
Organizers

Tourists

Businesses
IT Dev & Supp 2 interesting acquire
want to customer segments
Found
Local Businesses
Sales & Biz dev
Mobile App
with need to
1. Dads : Willing to targeted not decision makers
pay, but
customers
2. College students / Younger populace more interested in increase demand

Cost structure

IT development and infrastructure
Sales and business managers
Lawyers
Transaction fees
www.businessmodelgeneration.com

push notifications

Revenue streams

Banner advertisements
Commissions on deal transactions
Customer analytics
Key
partners

Township &
Municipal
Communities
Local Businesses
College clubs,
academic
departments
event organizers

Key
activities

Township
relationship
Website dev
management
App dev
Support

Customer analytics
CC Transactions
Geo-target bidding
Key resources

Value
proposition

Drive
Tourism
Residents want
to find local
Need tooffers on
events, find events:
Right NOW instead
specific things
of searching .
Kid’s Friendly.
Personalized to my
College
needs.
Students
miss out on
important
events
Local

IT Dev & Supp
Sales & Biz dev

Cost structure

IT development and infrastructure
Sales and business managers
Lawyers
Transaction fees
www.businessmodelgeneration.com

Costumer
relationships

Businesses
want to acquire
targeted
customers

Easy to use
Mobile app
Customer
analytics and
geo-targeting

Channels

Website
App stores

Customer
segments

Township
Moms (or
Nanny's) with kids
below 13
Age: 25-35
Smartphone users
Social Media
Users
College
Students

Tourists
Local Businesses
with need to
increase demand

Revenue streams

Banner advertisements
Lead Generation
Download fee
Commissions on deal transactions
Customer analytics
Key
partners

Township &
Municipal
Communities
Local Businesses
Town Event
Organizers
College clubs,
academic
departments
event organizers

Key
activities

Township
relationship
Website dev
management
App dev
Support

Value
proposition

Drive
Tourism

Costumer
relationships

Easy to use
Mobile app

Customer
segments

Township

Residents want
Customer
Moms (or
to find local
analytics and
Hypothesis:
Need tooffers on
Nanny's) with kids
events, find events:
geo-targeting
Right NOW out on
below 13
specific things
College students miss instead college events
of searching .
Age: 25-35
Kid’s Friendly.
Smartphone users
Result:
Customer analytics
Personalized to my
Social Media
College
Channels
CC Transactions
needs.Verified
Users
Students
Geo-target bidding
miss out on
College
important
1. Based on wireframes, College students ready to pay up
Students
Key resources
Website
events
Local

to $2 to download an app which helps discover college
Businesses
events
IT Dev & Supp
want to acquire
2. Sales &Organizers (Charities/Churches/Student clubs etc.)
Event Biz dev
App stores
targeted
are also key partners for event content generation
customers

Tourists

Local Businesses
with need to
increase demand

Next Steps: More discovery on exact need of College
Revenue streams
students
Banner advertisements
IT development and infrastructure
Lead Generation
Sales and business managers
Download fee
Lawyers
Commissions on deal transactions
Transaction fees
Customer analytics

Cost structure

www.businessmodelgeneration.com
Key
partners

Key
activities

App dev
Support
Local Businesses

Customer analytics
Geo-target bidding

College clubs,
academic
departments
event organizers

Value
proposition

Helping Moms find
personalized and Kid
friendly events
NOW!

Relationship
building with
businesses and
event organizers

Town Event
Organizers

Costumer
relationships

Key resources

IT Dev & Supp
Sales & Biz dev

Cost structure

IT development and infrastructure
Sales and business managers
Lawyers

Relieve the pain of
missing out on cool
and important
college events

Providing local
businesses with
targeted
customers and
understand
customer habits
better

Easy to use
Mobile app
Customer
analytics and
geo-targeting

Customer
segments
Moms (or
Nanny's) with kids
below 13
Age: 25-35
Smartphone users
Social Media
Users

Channels
College
Students

Mobile
App stores

Local Businesses
with ability to
increase demand

Revenue streams
Commissions on Deals
Lead Generation
Freemium model
Banner Advertising
Customer analytics
Customer Segments
College students
 Age: 18-24
 Early adopters, excited about the idea
 Ready to pay up to $1.99 for app downloads
 Market Size: 17M
Moms with kids aged 13 or below
 Age: 25-35
 Smartphone users
 Want to connect with other moms locally
 Market Size: 4.6M

Local Businesses
 Privately owned
 Limited marketing budget
 Capacity to increase demand
 1.4 Million Target Businesses
Revenue Model
Target
Customer

Townzeee
Commissions
Leads

Analytics

Local Businesses

Redeem Deal

Analytics – N/A

Upgrades

Banner Advertising – $1,800 (Year 1)

Deal Notification

Commission - $1.8M (Year 1)
Initial Target Location
Conclusion
• We feel this is a viable business
– Need to continue customer discovery
– Use discoveries to refine MVP further
– Solidify Event Data Aggregation Strategies

• All 3 team members to pursue idea for the
next few months

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Townszeee columbia univ jan 2014

  • 2. Customer Discovery • • • • Number of towns: 5 Number of small businesses: 27 Number of people: 68 Number surveyed: 181 Total: 281
  • 3. KEY PARTNERS KEY ACTIVITIES VALUE PROPOSITIONS CUSTOMER RELATIONSHIPS CUSTOMER SEGMENTS Partners: Key Activities required: Distribution channels Value to Customer Expected - Towns and Municipalities - Local Governments - Developing website, mobile app - Web and Mobile - Digital Platform for branding and advertising for towns and residents - IT Support - Businesses - Local Businesses - Getting towns and businesses to adopt new platform Customer relationships: - Data of resident population - Relationship management - Residents Suppliers: N/A - Getting town residents to download our app and visit our website - Engagement with Municipalities - Provide town residents with platform for information on town events, deals from merchants etc. - Analytics Resources from partners: - Collecting and analyze customer data - Engagement with Merchants - Informative posts, pictures and videos - Geo-targetting and real-time bidding functionality - Business Development Staff - Town residents: handle customer feedback - Daily deals Most important Customers: Customer Problem Costs and Integration - Residents, success depends on adoptability - Branding and Advertising ?? Increase the font!!! - Advertisements Activities - User Interface and make UI friendly and fun KEY RESOURCES CHANNELS - Intellectual, Human Capital - Website - Branding - Mobile App - Optimized App, Website - Social Media/PR - Business Development Staff - Third party partnerships - Aggregation of Data - Direct Sales by Biz Dev Staff - Advertising - Updating deals and events - Geo-Targetting - Real-time bidding COST STRUCTURE REVENUE STREAMS - Software development, infrastructure costs - Website - Marketing costs - Mobile App - Business development staff salaries - Social Media/PR - Customer service and support costs - Third party partnerships - Lawyer fees - Direct Sales by Biz Dev Staff
  • 4. KEY PARTNERS KEY ACTIVITIES VALUE PROPOSITIONS CUSTOMER RELATIONSHIPS CUSTOMER SEGMENTS Partners: Key Activities required: Distribution channels Value to Customer Expected - Towns and Municipalities - Local Governments - Developing website, mobile app - Web and Mobile - Digital Platform for branding and advertising for towns and residents - IT Support - Businesses - Local Businesses - Getting towns and businesses to adopt new platform Customer relationships: - Data of resident population - Relationship management - Residents Suppliers: N/A - Getting town residents to download our app and visit our website - Engagement with Municipalities - Provide town residents with platform for information on town events, deals from merchants etc. - Analytics Resources from partners: - Collecting and analyze customer data - Engagement with Merchants - Informative posts, pictures and videos - Geo-targetting and real-time bidding functionality - Business Development Staff - Branding and Advertising Most important Customers: Costs and Integration - Residents, success depends on adoptability ?? Increase the font!!! - Advertisements Activities Customer Problem Hypothesis: Towns are our key partners - Town residents: handle customer feedback - Daily deals - User Interface and make UI friendly and fun KEY RESOURCES CHANNELS - Advertising - Updating deals and events - Intellectual, Human Capital - Branding - Optimized App, Website Result: WRONG!!!!! - Website - Mobile App - Social Media/PR - Business Development Staff - Third party partnerships - Aggregation of Data - Direct Sales by Biz Dev Staff - Geo-Targetting - Real-time bidding COST STRUCTURE REVENUE STREAMS - Software development, infrastructure costs - Website - Marketing costs - Mobile App - Business development staff salaries - Social Media/PR - Customer service and support costs - Third party partnerships - Lawyer fees - Direct Sales by Biz Dev Staff
  • 5. Key partners Township & Municipal Communities Local Businesses Key activities Township relationship management Website dev App dev Support Customer analytics CC Transactions Geo-target bidding Key resources IT Dev & Supp Sales & Biz dev Cost structure IT development and infrastructure Sales and business managers Lawyers Transaction fees www.businessmodelgeneration.com Value proposition Costumer relationships Costumer segments Easy to use Mobile app Drive Tourism Tourism Residents want to find local events, personalized deals Customer analytics and geo-targeting Channels Township Small Town Residents Tourists Local Businesses want to acquire targeted customers Website Local Businesses Mobile App Revenue streams Banner advertisements Commissions on deal transactions Customer analytics
  • 6. Key partners Township & Municipal Communities Local Businesses Key activities Value proposition Costumer relationships Costumer segments Township relationship management Easy to use Drive Mobile app Tourism Township Hypothesis: Customer Website dev Tourism Local businesses with capacity to increase demand are analytics and App dev Residents interested customer targeting andgeo-targeting analytics. Support Small Town want to find Residents Customer analytics local events, Result: Channels CC Transactions personalized Tourists Verified Geo-target bidding deals Key resources Website Local Local Hypothesis: Businesses Businesses IT town Supp want to acquire Small Dev & residents want to know about events and would Sales & Biz dev get push notifications on deals App Mobile targeted like to customers Result / Learning: Revenue streams Cost structure Hard to reach target audience through phone and Skype. Must get IT development and infrastructure outside NYC physically Banner advertisements Sales and business managers Commissions on deal transactions Lawyers Customer analytics Transaction fees www.businessmodelgeneration.com
  • 7. Key partners Key activities Township relationship management Township & Municipal Communities Website dev App dev Support Local Businesses Customer analytics CC Transactions Geo-target bidding Key resources IT Dev & Supp Sales & Biz dev Cost structure IT development and infrastructure Sales and business managers Lawyers Transaction fees www.businessmodelgeneration.com Value proposition Costumer relationships Easy to use Mobile app Drive Tourism Customer analytics and geo-targeting Residents want to find local events, offers on specific things Channels Local Businesses want to acquire targeted customers Website Mobile App Customer segments Township Moms with kids below 13 Age: 24-45 Income<$70,000 Smartphone users Social Media Users Tourists Local Businesses with need to increase demand Revenue streams Banner advertisements Commissions on deal transactions Customer analytics
  • 8. Key partners Key activities Value proposition Township relationship management Township & Municipal Communities Local Businesses Costumer relationships Easy to use Mobile app Drive Tourism Customer analytics and Hypothesis: Residents want geo-targeting to find years would have a need for local Mom’s 25-45 with kids < 10 Customer analytics events, offers on finding events quickly and finding deals Channels Website dev App dev Support CC Transactions Geo-target bidding specific things Result (w/ wireframing): Verified: Desired app for MomsWebsite Local Customer segments Township Moms with kids below 13 Age: 24-45 Income<$70,000 Smartphone users Social Media Users Key resources Town Event Organizers Tourists Businesses IT Dev & Supp 2 interesting acquire want to customer segments Found Local Businesses Sales & Biz dev Mobile App with need to 1. Dads : Willing to targeted not decision makers pay, but customers 2. College students / Younger populace more interested in increase demand Cost structure IT development and infrastructure Sales and business managers Lawyers Transaction fees www.businessmodelgeneration.com push notifications Revenue streams Banner advertisements Commissions on deal transactions Customer analytics
  • 9.
  • 10.
  • 11. Key partners Township & Municipal Communities Local Businesses College clubs, academic departments event organizers Key activities Township relationship Website dev management App dev Support Customer analytics CC Transactions Geo-target bidding Key resources Value proposition Drive Tourism Residents want to find local Need tooffers on events, find events: Right NOW instead specific things of searching . Kid’s Friendly. Personalized to my College needs. Students miss out on important events Local IT Dev & Supp Sales & Biz dev Cost structure IT development and infrastructure Sales and business managers Lawyers Transaction fees www.businessmodelgeneration.com Costumer relationships Businesses want to acquire targeted customers Easy to use Mobile app Customer analytics and geo-targeting Channels Website App stores Customer segments Township Moms (or Nanny's) with kids below 13 Age: 25-35 Smartphone users Social Media Users College Students Tourists Local Businesses with need to increase demand Revenue streams Banner advertisements Lead Generation Download fee Commissions on deal transactions Customer analytics
  • 12. Key partners Township & Municipal Communities Local Businesses Town Event Organizers College clubs, academic departments event organizers Key activities Township relationship Website dev management App dev Support Value proposition Drive Tourism Costumer relationships Easy to use Mobile app Customer segments Township Residents want Customer Moms (or to find local analytics and Hypothesis: Need tooffers on Nanny's) with kids events, find events: geo-targeting Right NOW out on below 13 specific things College students miss instead college events of searching . Age: 25-35 Kid’s Friendly. Smartphone users Result: Customer analytics Personalized to my Social Media College Channels CC Transactions needs.Verified Users Students Geo-target bidding miss out on College important 1. Based on wireframes, College students ready to pay up Students Key resources Website events Local to $2 to download an app which helps discover college Businesses events IT Dev & Supp want to acquire 2. Sales &Organizers (Charities/Churches/Student clubs etc.) Event Biz dev App stores targeted are also key partners for event content generation customers Tourists Local Businesses with need to increase demand Next Steps: More discovery on exact need of College Revenue streams students Banner advertisements IT development and infrastructure Lead Generation Sales and business managers Download fee Lawyers Commissions on deal transactions Transaction fees Customer analytics Cost structure www.businessmodelgeneration.com
  • 13. Key partners Key activities App dev Support Local Businesses Customer analytics Geo-target bidding College clubs, academic departments event organizers Value proposition Helping Moms find personalized and Kid friendly events NOW! Relationship building with businesses and event organizers Town Event Organizers Costumer relationships Key resources IT Dev & Supp Sales & Biz dev Cost structure IT development and infrastructure Sales and business managers Lawyers Relieve the pain of missing out on cool and important college events Providing local businesses with targeted customers and understand customer habits better Easy to use Mobile app Customer analytics and geo-targeting Customer segments Moms (or Nanny's) with kids below 13 Age: 25-35 Smartphone users Social Media Users Channels College Students Mobile App stores Local Businesses with ability to increase demand Revenue streams Commissions on Deals Lead Generation Freemium model Banner Advertising Customer analytics
  • 14. Customer Segments College students  Age: 18-24  Early adopters, excited about the idea  Ready to pay up to $1.99 for app downloads  Market Size: 17M Moms with kids aged 13 or below  Age: 25-35  Smartphone users  Want to connect with other moms locally  Market Size: 4.6M Local Businesses  Privately owned  Limited marketing budget  Capacity to increase demand  1.4 Million Target Businesses
  • 15. Revenue Model Target Customer Townzeee Commissions Leads Analytics Local Businesses Redeem Deal Analytics – N/A Upgrades Banner Advertising – $1,800 (Year 1) Deal Notification Commission - $1.8M (Year 1)
  • 17. Conclusion • We feel this is a viable business – Need to continue customer discovery – Use discoveries to refine MVP further – Solidify Event Data Aggregation Strategies • All 3 team members to pursue idea for the next few months