mychef- the complete cook book
TRANSCRIPT
mychefThe Complete Cook
Book
EXECUTIVE SUMMARY
(1)
Executive summarySituation:- Away from home working in new city,
hiring a cook is costly? Want to learn cooking in easy way?
- Are you food enthusiast? Want to do some experiments?
- Guests are coming, what to cook to create good impression?
- Know cooking, want to excel the skill?
Away from home? hiring a cook is expensive
OR Mom is not at homeHungry?
Guests are coming, what to cook ?
Are you food enthusiast like him?Then “why to roam, when you can cook at
home”
Know cooking, want to excel the skill?
Executive summaryGoal: To satisfy our customers’ need in less time and in easy & efficient way.
Executive summaryAction:- mychef is an app which is the
solution of all the above problems.- Easy to access.- Various cuisines and recipes.- Step by step direction to prepare
with demo video.
WE CAN COOK IT
(2)SITUATION ANALYSIS
Company overview:
• “mychef” is a mobile application which provide cooking information of various recipes from ingredients to nutrition
• Division of cuisines by category
and sub category.
• For beginners, experts food and
cooking enthusiast.
Traditional TV cooking shows are boring and lengthy
Nobody likes to sit around for hoursAlso they teach limited recipes
Market overview:
Competitors:- Yummly Recipes & Shopping List- Big oven- Sweet 'n' Spicy- Indian Recipes
Company would be fighting on the platform of mobile application from its competitors.
Result
• 22,800,000 approx
Who live in
• US, UK, Ireland, India, Pakistan, Australia, Canada, Philippines
Age• 18 and older
Cooking potential users
Target customers:For all these peopleNo demographic segmentation
Mostly targeted to Indian customers
(3)ACTION
PLAN
Goal:Qualitative:- To be no. 1 cooking app in India.- To be most downloaded cooking app in the world.
Quantitative: To reach 1 million customers in a year
STRATEGY
400miilion of devices1 user per each 4 devicesMakes 100 million users
25 million users interested in cooking1 out of 4 device users are interested in cooking
10% are ready to pay $1 in app purchaseWhile 90% will just use free version
We have a team of dietitians, Chefs, food market R&D team, Journalists
Cook Book
Every month 10 lucky customers will win a “mychef” cook book
TACTICS
APP MAPLOGIN SIGN UP
HOME SEARCH
BookmarkWhat’s NewNotificationCuisinesMy Profile
Veg/Non-Veg DrinksMealCountry
My dietShopping ListMy recipes
DessertsMain courseAppetizersBreakfast
- Bookmark your favorite recipes, so that you can open it while cooking and grocery shopping.-Provide info and automatically filter out recipes based on your tastes, allergies, and diets.
-Upload your recipes, rate and review other recipes and share it with your friends on WhatsApp, facebook, email etc.-Create your profile follow others, chefs and cookery advice.
- Can access to full video of cooking a recipe by chef with complete information- Get prepare your diet chart by dietitian- What is trending in international cooking market?
Characteristics
RECAPEXECUTIVE SUMMARYSITUATION ANALYSISACTION PLANSTRATEGYTACTICS
DISCLAIMERCreated by Rohit Singh during Marketing internship under Prof. sameer Mathur (IIM Lucknow)