UniBarter_final_deck
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UniBarter is a proposed grocery delivery service for college students run by other students. It aims to provide a convenient solution for busy students who need groceries delivered. The service would allow students to order groceries through a mobile app, with other student drivers shopping and delivering the orders. With over 17 million college students in the US and average monthly spending of $120 per student, the potential market is large. A pilot survey of 100 students at the University of Texas at Dallas found that 75% would be willing to work for the service and 67% would be willing to use it. The founders estimate that capturing just 2% of the total student market could generate over $2.4 million in monthly revenue.
UniBarter_final_deck
- 1. { UniBarter For the Students, By the Students
- 2. Students are hungry. Students are busy. Students are lazy. PROBLEM
- 3. Curated Grocery list gathering, shopping and delivering service for the students, by the students. SOLUTION
- 4. Order Received Accepted Drives to the store and shops Order Delivered to the Customer Customer makes the order using the app
- 5. Total college students in the US: 17.4M College students in Texas: 1.5M Growth: 13.9% (‘12-’22) Avg. monthly spending: $120/month MARKET
- 6. Students: 24,000 Sample of 100 students, survey suggests: PILOT MARKET: UTD Willing to work Unsure 75% 25% Willing to use the service Unsure 67% 33%
- 7. REVENUE Support from biggies like Minimum Delivery Order- $15 Order Range Shipping Cost $15-$25 20% on the order price $25-$50 15% on the order price $50-$75 10% on the order price $75 and above FREE!!
- 8. Capturing 2 % of the total market, we stand to make: 2% of 17.4 Million = 348,000 Average profit on each order = 7$ Total Revenue = 348,000 * 7$ = 2,436,000$ 2.5 MILLION DOLLARS/MONTH REVENUE
- 10. COMPETITIVE ANALYSIS Rivalry: Low Bargaining Power of suppliers: Medium Threat of New Entrants: High Threat of substitutes: Medium Bargaining power of Buyers: Low
- 11. COMPETITIVE LANDSCAPE $ $$ SWIFTSLOW DO IT YOURSELF
- 12. Referral system: Refer five people that use your invite to get free delivery on your first purchase! GO-TO MARKET STRATEGY
- 13. TEAM Chandrasekhar Malladi Vinamra Vinay Prateek Diwan Anish A Kumar
- 15. THANK YOU.