Insurers' journeys to build a mastery in the IoT usage
business Plan - GPS
1. YouFind
Satyajit Das
Hong‐fu Hsieh
Aatish Mandelecha
Avi Mehta
2. Problem
– Consumers
Consumers
Information at the right time and right place is
never available
never available
Searching is tiresome and time consuming
– Vendors
On the lookout for customers
Low rates of return from advertisements
2
3. Solution
– Consumers
A directory based structure with contextually
relevant information
Browse and Buy products with a touch of hand!
– Vendors
Single solution to address multiple platforms
Single solution to address multiple platforms
Highly customizable interfaces
y g
Ability to sell items through additional channels.
3
5. The Venture
The Venture
– Company type
Company type
S Corp
– Goals
Become a major player in providing mobile
shopping experience
shopping experience
Formulate industry standards in this space
– Location
Engineering: Silicon Valley
5
6. Market Position
Market Position
– Competitors
Traditional GPS systems
Cellular Carriers
Google!
– Key Differentiator
Can be kept in Pocket
p
One solution for multiple platforms
q
Unique Business model
6
7. Revenue
– Major part of revenue would come from tie‐
Major part of revenue would come from tie
ups with vendors to sell their products
– Advertisements on user facing solutions
– Subscriptions for advanced usage of the
p g
solution
7
8. Financial Analysis
Financial Analysis
Pre‐release ‐ Expenses Pre‐release – Cash inflow
Investments
Post Release ‐ Expenses Post Release ‐ Revenue
Equipment
Payroll
Infrastructure
Advertisement
Tie‐ups
8
Commisions and Sales
9. Timeline
Inception Private Beta Beta Release
– Estimated time for development
Co su e pp cat o
Consumer Application:
• Prototype: 1 month
• Release version: 6 Months
Vendor Application:
V d A li ti
• Prototype: 1 month
• Release: 4 months.
9