pitch deck designbid.in
TRANSCRIPT
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01.ElevatorPitch
Designbids is a Project discovery and bidding platform for architecture and Interior design
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www.designbids.in
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02.TheProblem
IndustryProblemsThe industry is highly disorganised with thousands of small to mid size firms acting indepently.
-Finding an affordable architect and interior designer is hard-There isnt a universal platform which gives an exhaustive idea of the prices and options available.-Most of them pick a designer based on recommendation from friends and family.
ProjectOwnerProblems
-Most Projects are not visible enough for them to approach-Designers rely on personal connections and network to attain projects
Architect/DesignerProblems
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03.TheSolution
DesignBids is a aggregator of architects and designers. It would centralize the disorganised architecture ecosystem by bringing all small players under one roof, and provide project owners a one stop destination to find designers
Aggregation
Essentially project owners would post his design requirements and receive bids/proposals from local architects/designers. The project-owner would then pick one based on his Price, Portfolio, Experience and Reviews.
ProjectDiscoveryandBidding
Ideaboard is where one shops for idea, and share it with the designer. These include Design Ideas, Ready made Plans, Home decor Products, Designer Portfolios. Contents are crowdsourced.
IdeaBoard
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MarketOpportunityHeaderMost of this segment is highly disorganised. Furniture e-commerce were the first to exploit this segment.
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It’s 24% is design services, the rest is products,furnitures and ecommerce.
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80% of project owner dont use online portals for hiringa designers. But rely on referals from friends and family.
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$19.7BHomeDesign
andDecor
24%ofthemarketisdesignservices
80%ofhomeownershirebyreferals
04.MarketOpportunityinIndia
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ResidentialProjects - Full home design - Remodeling - Interior
05.TargetCustomer
OfficeProjects
CommercialProjects
Design Firms
Contractors
Independent
ProjectOwners
- Freelance architects( employed elsewhere) - Indepenant architect/designer - Recent Graduates
- Contractors who use Predesigned Solutions - Contractors who have architects/designers
as consultants.
- Small firms struggling to find projects - Small and Mid size firms seeking more projects
- Small Retail - Cafe owners - Restaurant/food outlets owners
- Startups - SMB's
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ServiceProviders
www.designbids.in
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BiddingPlatformProject owners post their requirements
Architects/designers bid on them
ProjectsUse Project Owners post their projects by filling out a questionaire. Questions include a description, Sq footage, budget, deadlines, likes and dislikes etc. They would also include a link to their ideaboard
BiddingYou Designers and Architects submit their proposals. These mainly constitute a pitch, their price, and time required
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DesktopVersion
MobileVersion◉
06.ProductDemo
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IdeaboardCreate you boards, and pin what you like.
Pin Share it with your project, so that designers understand your vision.
BrowseIts has an infinite scroll UI. designed for you to stumble upon ideas. Contents include Photographs, Plans and drawings, Videos, and Home decor Products.
PView,Pin,LikeYBy Hovering over the image you would get the option to view , pin or like it.
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DesktopVersion
MobileVersion◉
06.ProductDemo
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ConferencesandTradeshowsOur initial interactions with clients showed thatBuilding Expos are a good place to find prospective project-owners
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ReferalProgram
WebinarSeries
IdeaBoardChallenge
StartingwithTimesExpo
IdeaBoardChallengeIt’ In order to crowdsource content for our ideaboard, a national competition to create the best ideaboard ( 1st prize- 1Lakh Rs). The winner would be from our friend circle ensuring that we dont lose money.
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WebinarSeriesBy Leveraging the Archi Faculty of IIT Roorkee, a webinar series for project owners( for passive marketing). Pilot episode would be ' Vaastu and home decor' with Prof. Chani.
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ReferalProgramforBrokersBrokers selling new apartments , commerical spaces etc can lead us to potential clients. We need to create incentive for them to refer designbids.
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10 July
1 Sept
05Aug
20 July
07.BusinessStratergies
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We have a distinct mechanism and vision which differentiates us from our competitors. Although some of their goals do overlap with ours.
◉ PrimarySegment - Curated selection of designers,picks 2-3 designers for client based on their requirements
Dwll.in HomadoNestopia
Asklaila IndiamartJustdial Helpmebuild
HouzifyZimply.in
UrbanClap Houzz
Zingy-Homes
08.CompetitiveLandscape
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◉ SecondarySegment - Indian Copies of Houzz.com - Browse ideas, Shop, Find Pros
◉ TertiarySegment - General Listing Sites
www.designbids.in
Acquired byBedBathmore
Acquired by Livspace
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09.RevenueStreams
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Bid Credits
Currently all new users are assigned 5free credits. 5credits= Rs200
1credit for one bid, 3credits for featuring a bid
Business Development Fee
Commission on every successful bid
Commission on every successful customer acquisition
Service surcharge
Credit system for project posting( not yet implemented)
For filtering out spammers and non-serious clients
Premium accounts
Minimal annual fee
These accounts will be exempt from furnishing bid money
Promotions
Charged service for architects to promote their firm on the platform
Improved index rank
Advertisements
Relevant advertising on the platform( Buidling Products and Services)
www.designbids.in
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ShreyaBishtCo-Founder,CTO
NithishMonsonCo-Founder,CEO
10.OurTeam:Founders
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www.designbids.in
B.Arch, IIT RoorkeeUS Green Card Holder
2yr Archi Work-Experience(chicago)Intern in Germany, Vegas, Colorado
CS Graduate, UPTU3yr Experience at Cisco
YAP Fellow at Crowdsourcing Week 2015( in singapore)
Ex- Founder theyappapp.com
Ex- Founderscadmonky.com
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FebMarketing Analysis
MayPrototype Development
July/AugApproach Partners
DecSeries A
-8ProjectsBidded-48DesignersRegistered
Where we are, and where we what to be.
11.Timeline
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Wearehere
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Call-to-actionforinvestor(s)
The amount is to be used for,- Hiring and team Expansion- Marketing and PR- Creating Incentive for the Referral Program- Mobile App Development(only for designer side)- Operations cost
Ask$100,000
Goal$200,000
$
12.FundingNeeds
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www.designbids.in
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facebook.com/designbids
twitter.com/DesignBidstweet
ThankYou...................
angel.co/d-38
+91-(783)8539261
13.ContactInfo
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www.designbids.in