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Last Bite 2013 Pitch Deck


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Last Bite 2013 Pitch for Syd Start

Last Bite 2013 Pitch for Syd Start

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  • 1. too good to waste Monday, 12 August 13
  • 2. WE HATE WASTE We never want to see a sandwich be thrown out again Monday, 12 August 13
  • 3. “I know that places have discount meals, but i don’t know where to find them” Monday, 12 August 13
  • 4. industrialized countries 222 million tonnes food production lost or wasted annually Monday, 12 August 13
  • 5. 148,000 Double-Decker busses Monday, 12 August 13
  • 6. The problem we’re trying to solve wastage profit connect Monday, 12 August 13
  • 7. a mobile app to sell perishable food to last minute consumers. The solution Monday, 12 August 13
  • 8. if you’re closing soon, pop in an end- time and you’ll get some bites soon 4pm? 2 Bagels left... take a photo and upload them to lastbite, they’ll soon be turned into profit push the special deal out in a new way to existing customers, and even new ones The APP set the time limit set the price snap your produce Monday, 12 August 13
  • 9. 9 Market opportunity in Australia cafes and restaurants in Australia $35x =per cafe/restaurant monthly 50,000 $21M Realistically we’d expect to hit 8% of the market in the 1st year $1,680,000 Monday, 12 August 13
  • 10. 10 Market opportunity in USA cafes and restaurants in USA $35x =600,000 $2.52B Realistically we’d expect to hit 4% of the market in the 1st year $10,080,000 per cafe/restaurant monthly Monday, 12 August 13
  • 11. 11 Revenue model 3 sources of revenue premium subscription subscription one-off pricing paid specials transaction fee pricing in-app purchases Monday, 12 August 13
  • 12. ADAM MILLER BEN LEVI BARRY TEOHJOEL HAUER Strategy DeveloperEntrepreneurChief too good to waste @AiMillstar @nolim1t@JoelAmigoHauer @bennylevi Monday, 12 August 13
  • 13. Competitor analysis deal & discovery app try for free deals charity food recovery perishable food app first in category ONE OF A KIND Monday, 12 August 13
  • 14. NOW 1/08/13 01/10/13 01/11/13 launch BETA to cafe’s basic free version to validate consumer demand and convert cafes acquire & convert acquire & convert 01/02/14 14 Timeline phases Our plan restaurants supermarkets release version 2 implement venue paid ‘specials’ release version 3 implement online transaction processing model & fee structure 22 participating cafes as of TODAY Monday, 12 August 13
  • 15. 15 QUESTIONS? and possibly some answers too too good to waste Monday, 12 August 13