traveli pitch speed invest_22_02_2013
DESCRIPTION
TRANSCRIPT
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Travelico – ebay for travelers
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Problem
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Problem
Time and price are important concern for travelers booking their trips online
Get noticed by potential customer for hosts is a big issue
Flexibility to customize the offer in order to get client is not possible
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Solution
A web platform where users can rent out their place to host travelers to:
SAVE MONEY&TIME
when traveling
PEROSNILIZE
OFFERwhen hosting
INCREASE CHANCES TO
RENT BY BIDDING
when hosting
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Market Size
2.3 Billion +
TRIPS BOOKED (Worldwide)Total available market
11M+
NIGHTS BOOKED ON AIRBNB
Serviceable Available Market
300k+
SPACE LISTED ON AIRBNBShare of Market
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Product
Traveler post inquiry
Hosts are notified
Hosts send their bids
Traveler check auction and choose most
suitable offer for him
BOOK IT
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Business Model
1M+
We take 5% commission on each transaction.
$10
AVERAGE FEE$70/night @ 3 nights
REVENUEpotential
$10M
SPACE LISTED*Share of Market
*total listed space on airbnb, craigslist, couchsurfing
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Craigslist
iWanna.travel
Competition
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Competitive advantage
SIMPLY TO USE
HOST RESPONSIVE TIME AUCTIONS
FUN
PERSONILIZED OFFERS
BUDGET FRIENDLY
- Easy to use mobile app- Three step booking
- Notification system - Hosts are bidding for traveler- Increasing a chance for rent
- People bidding for your needs
- Spiced up offers by hosts- Fit to your needs
- Save your money and time
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AlexFinancial Ninja
&Algorithm Guy
Laza U/X kickass Design guy
SpasaCode everything
everywhere
IvanGetting Things Done
Milos LalicFounder of www.putovanja.infoMentor &Adviser
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5 of us:
Traveled on 6 continentsVisited around 70 countries in the world
(40%)Visited more than 120 different cities
Coded more than 17520hDesigned more than 4380h
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http://traveli.co @traveli_co [email protected]