rightovr pitchdeck

Post on 26-Jan-2017

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Amarketplaceforsurplus

homemademeals

RightOvr@gmail.com

RightOvr@gmail.com

CompanyPurposeRightOvrconnectsfoodhobbyistswhoenjoycookingwiththosewhoarelookingforaneighborhoodmeal.DinerscanbuildrealconnecAonswiththepersonwhomakestheirfood,gainaccesstodiversediets,andmeetpeoplewhosharethesimilarlifestyle.Whether it’s vegetarian to gluten free, RightOvr makes iteffortlessforfoodhobbyiststoshowcasetheirtalentstopeoplewhoshareacommondietarylifestyle,andtodiscovernewfoodhobbyistsintheirneighborhood.

RightOvr@gmail.com

WhatistheProblem?

•  Priceisanimportantconcernforcustomerswhoorderout

•  TakeoutleavesyoudisconnectedwithingredientsourcingandfoodproducAon

•  Noeasywaytorequestamealfromaneighborhoodfoodhobbyistorsellameal

RightOvr@gmail.com

WhatistheSoluAon?

AmobileplaIormwheredinersrequestsurplushomemadefoodfromfoodhobbyiststo: MAKE

MONEYtosupplementingredientcost

SAVEMONEY

toorderdinnerout

SHAREFOOD

tobondoveracommonlifestyle

RightOvr@gmail.com

Howdoesitwork?ACook’sIncomeStatement

IndividualPorAon

MealDeposit $5.00

Tip(avg.) $3.00

TotalRevenue $8.00

Ingredients

ChickenBreast $1.50

FreshVeggies $1.00

BrownRice $0.50

CostofGoods $3.00

GrossIncome $5.00

GrossMargin% 62.5%

PrincipleofScale

Economies

PrincipleofCommonSense

PrincipleofReciprocity

PrincipleofConfirmaAon

Bias

RightOvr@gmail.com

WhyNow?DigitalDiningHistoricalEvoluAon

RecentTrends

SharingEconomy

FoodDelivery

FoodHobbyist

GigEconomy

FoodTransparency

So[wareis“eaAng”the

world

DemographicShi[

RightOvr@gmail.com

WhoaretheCompeAAon?Affordable($)

Expensive($$$$)

SmallBatchesLargeBatches

Josephine

RightOvr@gmail.com

WhatistheMarketSize?

-  71Mmillennialslivinginurbanareas

-  33Mmillennialslivingintop20metropolitans

-  Capture10%ofSurvivableMarket=3.3M

TargetMarket3.3M

TotalAvailableMarket71M

TotalServiceableMarket33M

RightOvr@gmail.com

Wetakea$1commissiononeachmealplantransacAon*ExcludespotenEaladverEsingrevenueandpremiumsubscripEon

WhatistheFreemiumModel?

3.3M

ReservaAonsw/RightOvr

AvgtransacAonpermonth/person

Revenue*

RightOvr@gmail.com

WhatistheProduct?

FreeindividualmealdealMealplanvolumediscount

1.Completesurvey2.Confirmoffer 3.Pickup&requestameal inpersonMealassigned

basedonlocaEon,availability,dietand

cookapproval

Chatopentocommunicatepreferences

4.ReviewMeal 5.AcceptMealPlan 6.WeeklyPick&Donate &Prepay UpCookoffers

mealplanScheduleavailability

tocommitinadvance

RightOvr@gmail.com

Josephine

Howdoesthiscompare?

SupplyDrivenOperaYonModel DemandDrivenOperaYonModel

Pickup

ReviewSystem

CookBios

GeolocaAon

.IndividualMeal

Browse&ordermealsinadvance

CumbersomeVelngProcess.

InstagramintegraAonPhotos

.Unlimitedservings

Freeindividualmeals.

MealPlanvolumediscount.

Matchmakingalgorithm.

CommonSenseVelng

FacebookMutualFriendsintegraAon

Premiummembershipwith.unlimitedservings.

RightOvr@gmail.com

FreemiumModel

Free•  Offerfreemeals•  RaAngsystem•  Matchmakingalgorithm•  GeolocaAon•  Chatfeature

Premium•  Sellupto4mealsanight•  $1commissionpermeal

•  Sellunlimitedmeals•  FoodSafetyVerificaAon•  MonthlysubscripAon

PremiumMealPlan

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