tripresso pitch file 201405 (ag)
DESCRIPTION
Tripresso pitch file - 201405TRANSCRIPT
Simplifying the way of people exploring the world
Tripresso
Jerry Hung 2014.05
Trip, what’s the meaning for you ?
The market we focus
Trip, what’s the meaning for you ?
But lots of preparing…
Needed the most …..
Needed the most …..Needed the most …..
That’s why they select packaged tour
That’s why we focus on packaged tour first
The situation customer faces ….
Source : 交通部觀光局 Jan/2014 , 雄獅、東南、可樂、燦星、易遊網
+2000114 家綜合旅⾏行社+2213家甲種旅⾏行社
Source : 交通部觀光局 , Jan/2014
Source : 雄獅、東南、可樂、燦星、易遊網, summary by Tripresso 2013
+500 unique trips to JP for cherry blossom viewing in April &May
3items most agent offers to help to filter trips
0No quantitive evaluation, no comparison mechanism
select agent
narrow down
candidates
compare trip
Current !process
• search agent!• check availability!• check reputation
• select 3 agents
• poor filter !• repeatedly check
tour detailed info • 1 agent has 10 tour in destination !• taking 5 min/per tour for detailed !• pick up 3 tour to compare!
• key in excel !• check real feedback
• taking 10 min to key in excel!• taking 5 min for each hotel/scene
feedback!• 3 hotel/ 3 scene per day!
20 min 150 min 435 min
Tripresso - Business model
Tripresso - value proposition
TripressoWe guard whole trip , you save best memory
TripressoWe guard whole trip , you save best memory
Find fitted trip Saving issue immediately
Feedback !&!
Rewards
The mechanism to deliver value
Find fitted trip
Unpack & disassemble to elementsGathering complete tour itinerary
Unpack & disassemble to elements
Unpack & disassemble to elementsScreen trip based on your demand
Guidance to help to choose
+ Real customer experience..
+ Preference : Scene property
+ Preference : tight v.s relaxed schedule
Find a fitted trip with less effort
Platform!itinerary gathering
Filter!Fit demand
�!Rank!Preference
select agent
narrow down
candidates
select trip
The quantitative value proposition
• Tour comparison!• Quantitative evaluation &
ranking
Current !process
• search agent!• check availability!• check reputation
• select 3 agents
• poor filter !• repeatedly check tour
detailed info • 1 agent has 10 tour in destination !• taking 5 min/per tour for detailed !• pick up 3 tour to compare!
• key in excel !• check real feedback
• taking 10 min to key in excel!• taking 5 min to check hotel/scene
feedback for each!• 3 hotel/ 3 scene per day!
20 min
5 sec*
150 min
55 min
• Smart & variety filter!• More quantitive values
• taking 5 min to adjust filter !• taking 5 min/per tour to check 10
recommend tour Using Tripresso
• 1 search cross 12 agents
* under 70% coverage
435 min
5 sec
Find fitted trip Saving issue immediately
Feedback !&!
Rewards
We listen and response during the trip
Saving issue immediately
Find fitted trip Saving issue immediately
Feedback !&!
Rewards
We value your opinions
Feedback !&!
Rewards
Tripresso - Business model
A channel offers effortless experience
Fitted trip - segment & lower dispute
Reduce communication cost
A platform creates values for both sides
Tripresso , why do we exist
Tripresso - vision , strategy & team
Tripresso - strategy plan
Packaged tour !e-channel
Itinerary data
Disassemble !elements
Preference!evaluation
Smart !filter
An effortless experience of fitted tour enjoying
Tripresso - competitive analysis
general !trip agent
large! trip agent
platform agent
platform!web portal
Ex. 2000+ agents
service!channel phone retail/phone/
web web/phone web web
selling product
• flight&hotel • packaged
tour
• flight&hotel • packaged
tour
• packaged tour
• flight&hotel • packaged
tour
• packaged tour
Rev. product sold product sold product sold CPC/CPA CPC/CPA
selling point convenient reputation /products
fitted trip searching lowest price convenient
Advantage customer accessibility
awareness / channel
data mapping data analysis
customer reach
Tripresso - thinking different
Tripresso - strategy plan (cont.)
Itinerary data
Disassemble !elements
Smart !filter
Packaged tour !e-channel
choose & order !process
Preference!evaluation
Mobile !Itinerary (APP)
An effortless experience of fitted tour enjoying
Packaged tour e-channel
Effortless experience!• Leverage the wisdom of crowd!• Optimized info !• UX design
Simplifying the way of people exploring the world
Tripresso - why do we exist
Tripresso - team compositionStrategy & Product plan 洪明楓 / Jerry Hung Faraday investment manager Qisda/BenQ product manager
Finance & Operation 卓彥銘 / Chris ChoAsus NB product manager Asus Eee PC product manager
Web development & IT 李振鳴 / Tom LeeI/O interconnect software manager Agenda technical manager
UX & Marketing 鄭宇棠 / Michael Cheng PayPal marketing manager Paypal UX manager
Business development 陳⼒力蓉 /Valerie Chang 3M sales manager AUO sales manager
TAM & SAM estimation (Rev.)
Industrial analysis
Independent
Flight, Transporta0on, Catering, Entertainment industry 航空業、運輸業、餐飲業、娛樂業
Corporate、retail、web、Foreign client 企業⽤用⼾戶、⾨門市客⼾戶、網路客⼾戶、國外客⼾戶等
Supplier 供應商
Travel industry旅⾏行業
Customer顧客
Ordering system 定位系統
Pla=orm web 網路平台
Supplier Ordering system 供應商定位系統
Tour product agent 旅遊產品代理商
Local travel agent 旅⾏行社
Source : 雄獅旅⾏行社財報, May/2013, Tripresso modified
vs. Packaged
Tripresso - packaged tour e-channel
Flight, Transporta0on, Catering, Entertainment industry / 航空業、運輸業、餐飲業、娛樂業
Local travel agent/ 綜合旅⾏行社
Corporate、web client 企業⽤用⼾戶、網路客⼾戶等
Supplier 供應商
Travel industry旅⾏行業
Customer顧客
Source : 雄獅旅⾏行社財報, May/2013, Tripresso modified
Local travel agent/ 甲種旅⾏行社
Retail client ⾨門市客⼾戶
……… x 100家! ……… x 2000家!
Corporate、retail、web、Foreign client 企業⽤用⼾戶、⾨門市客⼾戶、網路客⼾戶、國外客⼾戶等
Pla=orm travel agent Tripresso
Industry with favorable conditions
Source : 雄獅旅⾏行社財報, May/2013, 業界訪談, Tripresso estimated
雄獅旅⾏行社康福旅⾏行社鳳凰旅⾏行社其他
Packaged tour supplier share Packaged tour channel share
TAM & SAM estimation
團體旅⾏行/⾃自由⾏行⼈人次分布
觀光旅遊總旅次 6,246,254 ⼈人次
團體旅⾏行 2,179,943 ⼈人次
⾃自由⾏行 3,154,358 ⼈人次
團體旅⾏行
⾃自由⾏行
未委託旅⾏行社
觀光旅遊商務探訪親友短期遊學
2012國⼈人旅遊出國旅遊⼈人次分布
出國旅遊總旅次 10,239,760 ⼈人次
觀光旅遊 6,246,254 ⼈人次
商務 2,011,294 ⼈人次
Source : “中華⺠民國101年國⼈人旅遊狀況調查”,交通部觀光局 Aug /2013, Tripresso estimated
TAM & SAM estimation (Rev.)
Source : “中華⺠民國101年國⼈人旅遊狀況調查”,交通部觀光局 Aug /2013, Tripresso estimated
團體旅⾏行
⾃自由⾏行
觀光旅遊總旅次 6,246,254 ⼈人次
團體旅⾏行 2,179,943 ⼈人次
⾃自由⾏行 3,154,358 ⼈人次
團體旅⾏行/⾃自由⾏行⼈人次分布
ASP (est.): NT$32,848/⼈人
未委託旅⾏行社
ASP (est.): NT$21,351/⼈人
Market Scale
團體旅⾏行 NT$71,606,751,450
⾃自由⾏行 NT$67,943,533,176
Tripresso - Business plan
Beta developing !
Beta !online !Mockup test ! Official
online!0%
25%
50%
75%
100%
Y13'Q2 Y13'Q3 Y13'Q4 Y14'Q1 Y14'Q2
JPEU
China!+!
HK
Thailand!+!
NA
AU!+!
New Zealand
Tripresso - Service scope
11 Travel agents +20 company’s 特約 雄獅旅⾏行社、東南旅⾏行社!良友旅⾏行社、鳳凰旅⾏行社!可樂旅遊、五福旅遊!喜鴻旅遊、⼭山富旅遊!⾦金⻯⿓龍旅遊、⼤大榮旅遊!易遊網、易飛網
華碩電腦、明基友達集團!⼤大同集團、1111⼈人⼒力銀⾏行!⼯工研院、聯合利華、Johnson&Johnson
Tripresso - Platform progress
Tripresso internal , till May/2014
Tripresso - Marketing plan
Y14’Q3 Y14’Q4 Y15’Q1 Y15’Q2 Y15’Q3
廣度
深度
企業福委會engaged (+10/M)
Facebook 粉絲團經營
PR marketing
聯播網廣告
⼝口碑討論區操作
關鍵字廣告
PR marketing
Tripresso - Marketing plan (cont.)
Y14’Q4 Y15’Q2 Y15’Q4 Y16’Q2 Y16’Q4
3000
new visitor/per month
4000
5000
5500
LTV v.s COCA (3:1)• NT$4386 (trip frequency 1/Y) vs. NT$ 3.7 (CPC)!• NT$3134 (trip frequency 1/2Y) vs. NT$ 2.6 (CPC)!• NT$2183 (trip frequency 1/3Y) vs. NT$ 2.3 (CPC)
Tripresso - Sales prediction (Q’ty)packaged tour independent tour
20142015 2016 2017
2014 2015 2016 2017Package trip sales 492 3,146 7,059 11,130
Independent trip sales 0 1,507 5,768 9,272
Tripresso estimated , May/2014
Tripresso - Revenue vs. operation cost
NT$0.00
NT$93,750,000.00
NT$187,500,000.00
NT$281,250,000.00
NT$375,000,000.00
NT$468,750,000.00
NT$562,500,000.00
NT$656,250,000.00
NT$750,000,000.00
銷貨收⼊入淨額 營業成本
2014 2015 2016 2017銷貨收⼊入淨額 16,330,933 171,503,541 468,209,456 731,939,188營業成本 15,677,696 163,251,338 444,028,877 693,761,058⽑毛利率 4.00% 4.81% 5.16% 5.22%
Tripresso estimated , May/2014
Tripresso - Revenue vs. OPEX
NT$67,500,000
NT$165,000,000
NT$262,500,000
NT$360,000,000
NT$457,500,000
NT$555,000,000
NT$652,500,000
NT$750,000,000
銷貨收⼊入淨額 營業費⽤用合計
2013 2014 2015 2016 2017銷貨收⼊入淨額 0 16,330,933 171,503,541 465,881,943 712,658,954營業費⽤用合計 3,609,707 8,827,133 17,435,309 23,884,047 25,050,160
Tripresso estimated , May/2014
Tripresso - Headcount plan
組織⼈人數 2013 2014 2015 2016 2017
產品規劃 1 2 2 2 2
營運管理 1 1 2 3 3
產品設計 & 前台開發 1 4 4 5 5
APP & 後台開發 1 3 6 7 8
行銷業務 4 5 6 8 8
業務開發 1 1 2 2 2
公司總⼈人數 9 16 22 27 28
年薪資總額 2,950,147 7,115,653 14,795,421 21,050,099 22,186,212
Tripresso estimated , May/2014
Tripresso - Revenue vs. OPEX
(NT$10,500,000)
(NT$7,000,000)
(NT$3,500,000)
NT$0
NT$3,500,000
NT$7,000,000
NT$10,500,000
NT$14,000,000
本期稅前淨利
2013 2014 2015 2016 2017本期稅前淨利 (3,608,984) (8,229,181) (9,418,445) (33,856) 12,718,120淨利率(%) 0.00% -50.39% -5.49% -0.01% 1.44%
Tripresso estimated , May/2014
Seize opportunity with Tripresso - Invest series A funding
Tripresso plans to raise series A funding for NT$20M in Q3/2014!• Expand design & Development team !• Build APP team , develop travel itinerary & notices APP (iOS & Android)!• Double investment in marketing !
✦ packaged tour sales increase 6X times!✦ offering independent tour , and sales over 1000 Q’ty !
• Rev reaches NT$171M !• Add theme trip searching & customized packaged tour
Further information need , pls contact
Jerry Hung, jerry@tripresso, 0922-538-637
Trip + espresso Simplifying the way of people exploring the world