SlideShare a Scribd company logo
1 of 14
Download to read offline
blocboxNEIGHBORS HELPING NEIGHBORS
NEVER MISS A PACKAGE
www.blocbox.co
WHO WE ARE
JESSICA YEATS
JOHN BURGESON
WHAT WE DO
• Prevent missed deliveries by enabling people that work from
home to receive packages for their neighbors
• Hyper-local marketplace for neighborhood services and
exchanges: storage, rentals, pet care, etc.
HOW WE’RE DOING
• Launched private beta in Clinton Hill, Brooklyn in July 2015
• 13 active users and 15 transactions in July
• 150 waitlist user sign-ups concentrated in Brooklyn/NYC; 75
sign-ups interested in hosting
WHAT’S NEXT
• Neighborhood expansion in Brooklyn
• Activate waitlist hosts and bodegas as hosts
• Market and test other use cases
CURRENTLY RAISING
• $250K seed round
• Previously raised $50K friends and family round
Design Co-Founder
Management consulting, MA, independent design
Technical Co-Founder
Strategy consulting, PhD in Policy Analysis
BLOCBOX SUMMARY
 	
  	
  	
  	
  	
   	
  	
  	
  	
  	
  	
   	
  	
  	
  	
  	
  	
  
MAILBOX RENTAL	
  
is inflexible	
  
PO Boxes (~$15-200/Mo)	
  
Can’t Accept UPS or FedEx	
  
UPS Store (~$30/Mo)	
  
Inconvenient Locations
KIOSKS/LOCKERS	
  
are inconvenient	
  
SwapBox ($2/Package )	
  
in SF Only, Difficult to Scale	
  
Amazon Lockers (Free w/
Prime) Amazon Packages Only
ON DEMAND	
  
is expensive
MyDoorman ($4/Package)	
  
in SF Only, High Overhead	
  
Parcel ($5/Package)	
  
in NYC Only, High Overhead
MISSED DELIVERIES ARE A PERVASIVE & GROWING PROBLEM
CURRENT SOLUTIONS ARE UNAPPEALING AND/OR EXPENSIVE
	
  	
  	
  	
  	
  	
  
>2
BILLION
MISSED DELIVERIES
EACH YEAR IN THE US
27%
PROJECTED INCREASE IN
ONLINE RETAIL BY 2018
	
  	
  	
  	
  	
  	
  
MISSING PACKAGES IS
PAINFUL
HOW IT WORKS
USE THE APP TO LOCATE A HOST
IN YOUR NEIGHBORHOOD AND
REQUEST TO CONNECT
PICK YOUR PACKAGE UP NEARBY,
WHENEVER YOU WANT.
PAY THROUGH THE APP UPON
PACKAGE RECEIPT.
AT CHECKOUT, SHIP YOUR BOX
TO THE HOST’S ADDRESS IF YOUR
HOST IS AVAILABLE DURING THE
DELIVERY WINDOW
Blocbox is a platform that prevents missed deliveries by connecting people that miss
packages to their neighbors who happen to be at home during the day
SEARCH LOCALLY
DEMO
CONNECT
SHIP AND TRACK
WALK OR BOARD PETS
ANYTHING ELSE PEOPLE CAN THINK OF
ADDITIONAL USE CASES
SHARE COMMUNITY MEALS
SHARE WIFI
GET LAUNDRY DONE
SHARE PARKING SPACES
RENT TOOLS & EQUIPMENT
FIND STORAGE
CARPOOL
HOUSE SITTINGLET IN THE REPAIRMAN
FIND A BABYSITTER
A SIMPLE REVENUE MODEL
OTHER REVENUE SOURCES AND POTENTIAL REVENUE MODELS
• REVENUE FROM HIGHER-MARGIN USE CASES: STORAGE, PET CARE, ETC.
• B2B: CONTRACTS WITH ONLINE RETAILERS AND/OR CARRIERS
• ADVERTISING PLATFORM FOR LOCAL COMPANIES OFFERING SERVICES NOT PROVIDED BY BLOCBOX
Users Pay Per Transaction, with Subscription Options
REVENUE PROJECTIONS: PACKAGE RECEIPT USE CASE ONLY
WITH 25 USERS AVERAGING 3
PACKAGE RECEIPTS PER MONTH
BLOCBOX ANNUAL NET
REVENUE PER HOST
$1,500
ANNUAL HOST
REVENUE
$260
BLOCBOX ANNUAL
NET REVENUE
$900K
AT 85K USERS OR 3,500
NEIGHBORHOODS
(5% OF NEXTDOOR.COM)
WITH 15% COMMISSION
ON EACH SHIPMENT
BETA
WHERE
• 11238: Clinton Hill, Prospect Heights
• 13 active users
• 15 transactions in July
• 150 waitlist end-user sign ups concentrated in
Brooklyn/NYC
• 75 sign-ups interested in hosting
ACTIVITY
• July 2015
• Clinton Hill, Brooklyn (11238)
LAUNCHED
PHASE 1 - Current
PHASE 2 - September
PHASE 3 - October
+ 11217: Fort Green, Boerum Hill
+ 11201: Brooklyn Heights, Dumbo
+ 11211: Williamsburg
www.blocbox.co/beta
• Driven by waitlist sign-ups, host interest and
demographics
EXPANSION
INVESTMENT OPPORTUNITY
• Web app development
• Drive & convert waitlist
sign-ups
• Early host incentives
• Founder saleries
• Entry into new cities
• Mobile app development
• Additional Use Case
Experimentation
• Hiring
• Build local and retail
partnership program
New York
Launch
AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JULY AUG
2
4 10 20
45
70 100
DC
Launch
Limited
National Launch
Brooklyn
Expansion
Wide National
Launch
RAISING $250K
NEIGHBORHOOD EXPANSION
• Convertible note - $1MM pre-money valuation - 20% Discount - 6% Interest
• 50K committed
• Revenue by Q4 2015
Driven by waitlist sign ups and neighborhood fit
USE OF FUNDS ACCORDING TO ROADMAP
~2,000
Active Users
~1,000
Active Users
www.blocbox.co
CONTACT
JOHN BURGESON
JOHN@BLOCBOX.CO
JESSICA YEATS
JESS@BLOCBOX.CO
BACK UP
Blocbox connects neighbors that don’t have enough [time at home, space, …] to
neighbors that have surplus [time at home, space, … ]
NEIGHBORHOODS ARE UNDERUTILIZED ASSETS
PROBLEM SOLUTION
I’m at the office during the day
and can’t get my packages
But I have extra storage space
And I wish I knew my neighbors.
I work at home so its easy to get
lots of packages
But I’m running out of closet
space
And I wish I knew my neighbors.
¯ˉ¯ˉ¯ˉ¯ˉ
TRENDS
SINGLE PERSON HOUSEHOLDS
GOOGLE TRENDS INTEREST INDEX: “MISSED PACKAGE”
Online Shopping – People at Home = Missed Deliveries
US ONLINE RETAIL FORECAST
2009 2010 2011 2012 2013 2014
12
28 29
38
45 50
201820172016201520142013
The “Host” Model is Socially Responsible and Economically Efficient
NEIGHBORHOODS AS MICRO-ECONOMIES
• Source of Income in a Tough Job Market
• Minimizes Overhead and Infrastructure Requirements
• Outsources Marketing – Hosts have incentive to proselytize
• Passive Income – Big Payoff For Little Effort
• Revitalizing Neighborhoods – Hosts are Neighborhood “Hub”
• Great Opportunity for Several Demographics:
• Retired People
• Teleworkers/freelancers
• Stay at Home Parents
• Unemployed/ Between Jobs

More Related Content

Viewers also liked

How I got 2.5 Million views on Slideshare (by @nickdemey - Board of Innovation)
How I got 2.5 Million views on Slideshare (by @nickdemey - Board of Innovation)How I got 2.5 Million views on Slideshare (by @nickdemey - Board of Innovation)
How I got 2.5 Million views on Slideshare (by @nickdemey - Board of Innovation)Board of Innovation
 
The Seven Deadly Social Media Sins
The Seven Deadly Social Media SinsThe Seven Deadly Social Media Sins
The Seven Deadly Social Media SinsXPLAIN
 
Five Killer Ways to Design The Same Slide
Five Killer Ways to Design The Same SlideFive Killer Ways to Design The Same Slide
Five Killer Ways to Design The Same SlideCrispy Presentations
 
How People Really Hold and Touch (their Phones)
How People Really Hold and Touch (their Phones)How People Really Hold and Touch (their Phones)
How People Really Hold and Touch (their Phones)Steven Hoober
 
Upworthy: 10 Ways To Win The Internets
Upworthy: 10 Ways To Win The InternetsUpworthy: 10 Ways To Win The Internets
Upworthy: 10 Ways To Win The InternetsUpworthy
 
What 33 Successful Entrepreneurs Learned From Failure
What 33 Successful Entrepreneurs Learned From FailureWhat 33 Successful Entrepreneurs Learned From Failure
What 33 Successful Entrepreneurs Learned From FailureReferralCandy
 
Why Content Marketing Fails
Why Content Marketing FailsWhy Content Marketing Fails
Why Content Marketing FailsRand Fishkin
 
The History of SEO
The History of SEOThe History of SEO
The History of SEOHubSpot
 
How To (Really) Get Into Marketing
How To (Really) Get Into MarketingHow To (Really) Get Into Marketing
How To (Really) Get Into MarketingEd Fry
 
The What If Technique presented by Motivate Design
The What If Technique presented by Motivate DesignThe What If Technique presented by Motivate Design
The What If Technique presented by Motivate DesignMotivate Design
 
10 Powerful Body Language Tips for your next Presentation
10 Powerful Body Language Tips for your next Presentation10 Powerful Body Language Tips for your next Presentation
10 Powerful Body Language Tips for your next PresentationSOAP Presentations
 
Crap. The Content Marketing Deluge.
Crap. The Content Marketing Deluge.Crap. The Content Marketing Deluge.
Crap. The Content Marketing Deluge.Velocity Partners
 

Viewers also liked (15)

The Minimum Loveable Product
The Minimum Loveable ProductThe Minimum Loveable Product
The Minimum Loveable Product
 
How I got 2.5 Million views on Slideshare (by @nickdemey - Board of Innovation)
How I got 2.5 Million views on Slideshare (by @nickdemey - Board of Innovation)How I got 2.5 Million views on Slideshare (by @nickdemey - Board of Innovation)
How I got 2.5 Million views on Slideshare (by @nickdemey - Board of Innovation)
 
The Seven Deadly Social Media Sins
The Seven Deadly Social Media SinsThe Seven Deadly Social Media Sins
The Seven Deadly Social Media Sins
 
Five Killer Ways to Design The Same Slide
Five Killer Ways to Design The Same SlideFive Killer Ways to Design The Same Slide
Five Killer Ways to Design The Same Slide
 
How People Really Hold and Touch (their Phones)
How People Really Hold and Touch (their Phones)How People Really Hold and Touch (their Phones)
How People Really Hold and Touch (their Phones)
 
Upworthy: 10 Ways To Win The Internets
Upworthy: 10 Ways To Win The InternetsUpworthy: 10 Ways To Win The Internets
Upworthy: 10 Ways To Win The Internets
 
What 33 Successful Entrepreneurs Learned From Failure
What 33 Successful Entrepreneurs Learned From FailureWhat 33 Successful Entrepreneurs Learned From Failure
What 33 Successful Entrepreneurs Learned From Failure
 
Design Your Career 2018
Design Your Career 2018Design Your Career 2018
Design Your Career 2018
 
Why Content Marketing Fails
Why Content Marketing FailsWhy Content Marketing Fails
Why Content Marketing Fails
 
The History of SEO
The History of SEOThe History of SEO
The History of SEO
 
How To (Really) Get Into Marketing
How To (Really) Get Into MarketingHow To (Really) Get Into Marketing
How To (Really) Get Into Marketing
 
The What If Technique presented by Motivate Design
The What If Technique presented by Motivate DesignThe What If Technique presented by Motivate Design
The What If Technique presented by Motivate Design
 
Displaying Data
Displaying DataDisplaying Data
Displaying Data
 
10 Powerful Body Language Tips for your next Presentation
10 Powerful Body Language Tips for your next Presentation10 Powerful Body Language Tips for your next Presentation
10 Powerful Body Language Tips for your next Presentation
 
Crap. The Content Marketing Deluge.
Crap. The Content Marketing Deluge.Crap. The Content Marketing Deluge.
Crap. The Content Marketing Deluge.
 

Recently uploaded

Lucknow 💋 Escort Service in Lucknow ₹7.5k Pick Up & Drop With Cash Payment 89...
Lucknow 💋 Escort Service in Lucknow ₹7.5k Pick Up & Drop With Cash Payment 89...Lucknow 💋 Escort Service in Lucknow ₹7.5k Pick Up & Drop With Cash Payment 89...
Lucknow 💋 Escort Service in Lucknow ₹7.5k Pick Up & Drop With Cash Payment 89...anilsa9823
 
ServiceNow Field Service Management: Transforms Field Operations for Success
ServiceNow Field Service Management: Transforms Field Operations for SuccessServiceNow Field Service Management: Transforms Field Operations for Success
ServiceNow Field Service Management: Transforms Field Operations for SuccessCyntexa
 
(COD) ̄Young Call Girls In Defence Colony , New Delhi꧁❤ 7042364481❤꧂ Escorts S...
(COD) ̄Young Call Girls In Defence Colony , New Delhi꧁❤ 7042364481❤꧂ Escorts S...(COD) ̄Young Call Girls In Defence Colony , New Delhi꧁❤ 7042364481❤꧂ Escorts S...
(COD) ̄Young Call Girls In Defence Colony , New Delhi꧁❤ 7042364481❤꧂ Escorts S...Hot Call Girls In Sector 58 (Noida)
 
Top Call Girls In Indira Nagar Lucknow ( Lucknow ) 🔝 8923113531 🔝 Cash Payment
Top Call Girls In Indira Nagar Lucknow ( Lucknow  ) 🔝 8923113531 🔝  Cash PaymentTop Call Girls In Indira Nagar Lucknow ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment
Top Call Girls In Indira Nagar Lucknow ( Lucknow ) 🔝 8923113531 🔝 Cash Paymentanilsa9823
 
Mumbai Call Girls Colaba Pooja WhatsApp 7738631006 💞 Full Night Enjoy
Mumbai Call Girls Colaba Pooja WhatsApp  7738631006  💞 Full Night EnjoyMumbai Call Girls Colaba Pooja WhatsApp  7738631006  💞 Full Night Enjoy
Mumbai Call Girls Colaba Pooja WhatsApp 7738631006 💞 Full Night EnjoyPooja Nehwal
 
Top Call Girls In Arjunganj ( Lucknow ) ✨ 8923113531 ✨ Cash Payment
Top Call Girls In Arjunganj ( Lucknow  ) ✨ 8923113531 ✨  Cash PaymentTop Call Girls In Arjunganj ( Lucknow  ) ✨ 8923113531 ✨  Cash Payment
Top Call Girls In Arjunganj ( Lucknow ) ✨ 8923113531 ✨ Cash Paymentanilsa9823
 
VIP 7001035870 Find & Meet Hyderabad Call Girls Jubilee Hills high-profile Ca...
VIP 7001035870 Find & Meet Hyderabad Call Girls Jubilee Hills high-profile Ca...VIP 7001035870 Find & Meet Hyderabad Call Girls Jubilee Hills high-profile Ca...
VIP 7001035870 Find & Meet Hyderabad Call Girls Jubilee Hills high-profile Ca...aditipandeya
 
Product Catalog Bandung Home Decor Design Furniture
Product Catalog Bandung Home Decor Design FurnitureProduct Catalog Bandung Home Decor Design Furniture
Product Catalog Bandung Home Decor Design Furniturem3resolve
 
CALL ON ➥8923113531 🔝Call Girls Sushant Golf City Lucknow best sexual service...
CALL ON ➥8923113531 🔝Call Girls Sushant Golf City Lucknow best sexual service...CALL ON ➥8923113531 🔝Call Girls Sushant Golf City Lucknow best sexual service...
CALL ON ➥8923113531 🔝Call Girls Sushant Golf City Lucknow best sexual service...anilsa9823
 
Call girls in Andheri with phone number 9892124323
Call girls in Andheri with phone number 9892124323Call girls in Andheri with phone number 9892124323
Call girls in Andheri with phone number 9892124323Pooja Nehwal
 
VIP 7001035870 Find & Meet Hyderabad Call Girls Secunderabad high-profile Cal...
VIP 7001035870 Find & Meet Hyderabad Call Girls Secunderabad high-profile Cal...VIP 7001035870 Find & Meet Hyderabad Call Girls Secunderabad high-profile Cal...
VIP 7001035870 Find & Meet Hyderabad Call Girls Secunderabad high-profile Cal...aditipandeya
 
VIP 7001035870 Find & Meet Hyderabad Call Girls Gachibowli high-profile Call ...
VIP 7001035870 Find & Meet Hyderabad Call Girls Gachibowli high-profile Call ...VIP 7001035870 Find & Meet Hyderabad Call Girls Gachibowli high-profile Call ...
VIP 7001035870 Find & Meet Hyderabad Call Girls Gachibowli high-profile Call ...aditipandeya
 
High Profile Call Girls in Lucknow | Whatsapp No 🧑🏼‍❤️‍💋‍🧑🏽 8923113531 𓀇 VIP ...
High Profile Call Girls in Lucknow | Whatsapp No 🧑🏼‍❤️‍💋‍🧑🏽 8923113531 𓀇 VIP ...High Profile Call Girls in Lucknow | Whatsapp No 🧑🏼‍❤️‍💋‍🧑🏽 8923113531 𓀇 VIP ...
High Profile Call Girls in Lucknow | Whatsapp No 🧑🏼‍❤️‍💋‍🧑🏽 8923113531 𓀇 VIP ...gurkirankumar98700
 
VIP Chandigarh Call Girls 7001035870 Enjoy Call Girls With Our Escorts
VIP Chandigarh Call Girls 7001035870 Enjoy Call Girls With Our EscortsVIP Chandigarh Call Girls 7001035870 Enjoy Call Girls With Our Escorts
VIP Chandigarh Call Girls 7001035870 Enjoy Call Girls With Our Escortssonatiwari757
 

Recently uploaded (14)

Lucknow 💋 Escort Service in Lucknow ₹7.5k Pick Up & Drop With Cash Payment 89...
Lucknow 💋 Escort Service in Lucknow ₹7.5k Pick Up & Drop With Cash Payment 89...Lucknow 💋 Escort Service in Lucknow ₹7.5k Pick Up & Drop With Cash Payment 89...
Lucknow 💋 Escort Service in Lucknow ₹7.5k Pick Up & Drop With Cash Payment 89...
 
ServiceNow Field Service Management: Transforms Field Operations for Success
ServiceNow Field Service Management: Transforms Field Operations for SuccessServiceNow Field Service Management: Transforms Field Operations for Success
ServiceNow Field Service Management: Transforms Field Operations for Success
 
(COD) ̄Young Call Girls In Defence Colony , New Delhi꧁❤ 7042364481❤꧂ Escorts S...
(COD) ̄Young Call Girls In Defence Colony , New Delhi꧁❤ 7042364481❤꧂ Escorts S...(COD) ̄Young Call Girls In Defence Colony , New Delhi꧁❤ 7042364481❤꧂ Escorts S...
(COD) ̄Young Call Girls In Defence Colony , New Delhi꧁❤ 7042364481❤꧂ Escorts S...
 
Top Call Girls In Indira Nagar Lucknow ( Lucknow ) 🔝 8923113531 🔝 Cash Payment
Top Call Girls In Indira Nagar Lucknow ( Lucknow  ) 🔝 8923113531 🔝  Cash PaymentTop Call Girls In Indira Nagar Lucknow ( Lucknow  ) 🔝 8923113531 🔝  Cash Payment
Top Call Girls In Indira Nagar Lucknow ( Lucknow ) 🔝 8923113531 🔝 Cash Payment
 
Mumbai Call Girls Colaba Pooja WhatsApp 7738631006 💞 Full Night Enjoy
Mumbai Call Girls Colaba Pooja WhatsApp  7738631006  💞 Full Night EnjoyMumbai Call Girls Colaba Pooja WhatsApp  7738631006  💞 Full Night Enjoy
Mumbai Call Girls Colaba Pooja WhatsApp 7738631006 💞 Full Night Enjoy
 
Top Call Girls In Arjunganj ( Lucknow ) ✨ 8923113531 ✨ Cash Payment
Top Call Girls In Arjunganj ( Lucknow  ) ✨ 8923113531 ✨  Cash PaymentTop Call Girls In Arjunganj ( Lucknow  ) ✨ 8923113531 ✨  Cash Payment
Top Call Girls In Arjunganj ( Lucknow ) ✨ 8923113531 ✨ Cash Payment
 
VIP 7001035870 Find & Meet Hyderabad Call Girls Jubilee Hills high-profile Ca...
VIP 7001035870 Find & Meet Hyderabad Call Girls Jubilee Hills high-profile Ca...VIP 7001035870 Find & Meet Hyderabad Call Girls Jubilee Hills high-profile Ca...
VIP 7001035870 Find & Meet Hyderabad Call Girls Jubilee Hills high-profile Ca...
 
Product Catalog Bandung Home Decor Design Furniture
Product Catalog Bandung Home Decor Design FurnitureProduct Catalog Bandung Home Decor Design Furniture
Product Catalog Bandung Home Decor Design Furniture
 
CALL ON ➥8923113531 🔝Call Girls Sushant Golf City Lucknow best sexual service...
CALL ON ➥8923113531 🔝Call Girls Sushant Golf City Lucknow best sexual service...CALL ON ➥8923113531 🔝Call Girls Sushant Golf City Lucknow best sexual service...
CALL ON ➥8923113531 🔝Call Girls Sushant Golf City Lucknow best sexual service...
 
Call girls in Andheri with phone number 9892124323
Call girls in Andheri with phone number 9892124323Call girls in Andheri with phone number 9892124323
Call girls in Andheri with phone number 9892124323
 
VIP 7001035870 Find & Meet Hyderabad Call Girls Secunderabad high-profile Cal...
VIP 7001035870 Find & Meet Hyderabad Call Girls Secunderabad high-profile Cal...VIP 7001035870 Find & Meet Hyderabad Call Girls Secunderabad high-profile Cal...
VIP 7001035870 Find & Meet Hyderabad Call Girls Secunderabad high-profile Cal...
 
VIP 7001035870 Find & Meet Hyderabad Call Girls Gachibowli high-profile Call ...
VIP 7001035870 Find & Meet Hyderabad Call Girls Gachibowli high-profile Call ...VIP 7001035870 Find & Meet Hyderabad Call Girls Gachibowli high-profile Call ...
VIP 7001035870 Find & Meet Hyderabad Call Girls Gachibowli high-profile Call ...
 
High Profile Call Girls in Lucknow | Whatsapp No 🧑🏼‍❤️‍💋‍🧑🏽 8923113531 𓀇 VIP ...
High Profile Call Girls in Lucknow | Whatsapp No 🧑🏼‍❤️‍💋‍🧑🏽 8923113531 𓀇 VIP ...High Profile Call Girls in Lucknow | Whatsapp No 🧑🏼‍❤️‍💋‍🧑🏽 8923113531 𓀇 VIP ...
High Profile Call Girls in Lucknow | Whatsapp No 🧑🏼‍❤️‍💋‍🧑🏽 8923113531 𓀇 VIP ...
 
VIP Chandigarh Call Girls 7001035870 Enjoy Call Girls With Our Escorts
VIP Chandigarh Call Girls 7001035870 Enjoy Call Girls With Our EscortsVIP Chandigarh Call Girls 7001035870 Enjoy Call Girls With Our Escorts
VIP Chandigarh Call Girls 7001035870 Enjoy Call Girls With Our Escorts
 

Blocbox Pitch Deck

  • 1. blocboxNEIGHBORS HELPING NEIGHBORS NEVER MISS A PACKAGE www.blocbox.co
  • 2. WHO WE ARE JESSICA YEATS JOHN BURGESON WHAT WE DO • Prevent missed deliveries by enabling people that work from home to receive packages for their neighbors • Hyper-local marketplace for neighborhood services and exchanges: storage, rentals, pet care, etc. HOW WE’RE DOING • Launched private beta in Clinton Hill, Brooklyn in July 2015 • 13 active users and 15 transactions in July • 150 waitlist user sign-ups concentrated in Brooklyn/NYC; 75 sign-ups interested in hosting WHAT’S NEXT • Neighborhood expansion in Brooklyn • Activate waitlist hosts and bodegas as hosts • Market and test other use cases CURRENTLY RAISING • $250K seed round • Previously raised $50K friends and family round Design Co-Founder Management consulting, MA, independent design Technical Co-Founder Strategy consulting, PhD in Policy Analysis BLOCBOX SUMMARY
  • 3.                                     MAILBOX RENTAL   is inflexible   PO Boxes (~$15-200/Mo)   Can’t Accept UPS or FedEx   UPS Store (~$30/Mo)   Inconvenient Locations KIOSKS/LOCKERS   are inconvenient   SwapBox ($2/Package )   in SF Only, Difficult to Scale   Amazon Lockers (Free w/ Prime) Amazon Packages Only ON DEMAND   is expensive MyDoorman ($4/Package)   in SF Only, High Overhead   Parcel ($5/Package)   in NYC Only, High Overhead MISSED DELIVERIES ARE A PERVASIVE & GROWING PROBLEM CURRENT SOLUTIONS ARE UNAPPEALING AND/OR EXPENSIVE             >2 BILLION MISSED DELIVERIES EACH YEAR IN THE US 27% PROJECTED INCREASE IN ONLINE RETAIL BY 2018             MISSING PACKAGES IS PAINFUL
  • 4. HOW IT WORKS USE THE APP TO LOCATE A HOST IN YOUR NEIGHBORHOOD AND REQUEST TO CONNECT PICK YOUR PACKAGE UP NEARBY, WHENEVER YOU WANT. PAY THROUGH THE APP UPON PACKAGE RECEIPT. AT CHECKOUT, SHIP YOUR BOX TO THE HOST’S ADDRESS IF YOUR HOST IS AVAILABLE DURING THE DELIVERY WINDOW Blocbox is a platform that prevents missed deliveries by connecting people that miss packages to their neighbors who happen to be at home during the day
  • 6. WALK OR BOARD PETS ANYTHING ELSE PEOPLE CAN THINK OF ADDITIONAL USE CASES SHARE COMMUNITY MEALS SHARE WIFI GET LAUNDRY DONE SHARE PARKING SPACES RENT TOOLS & EQUIPMENT FIND STORAGE CARPOOL HOUSE SITTINGLET IN THE REPAIRMAN FIND A BABYSITTER
  • 7. A SIMPLE REVENUE MODEL OTHER REVENUE SOURCES AND POTENTIAL REVENUE MODELS • REVENUE FROM HIGHER-MARGIN USE CASES: STORAGE, PET CARE, ETC. • B2B: CONTRACTS WITH ONLINE RETAILERS AND/OR CARRIERS • ADVERTISING PLATFORM FOR LOCAL COMPANIES OFFERING SERVICES NOT PROVIDED BY BLOCBOX Users Pay Per Transaction, with Subscription Options REVENUE PROJECTIONS: PACKAGE RECEIPT USE CASE ONLY WITH 25 USERS AVERAGING 3 PACKAGE RECEIPTS PER MONTH BLOCBOX ANNUAL NET REVENUE PER HOST $1,500 ANNUAL HOST REVENUE $260 BLOCBOX ANNUAL NET REVENUE $900K AT 85K USERS OR 3,500 NEIGHBORHOODS (5% OF NEXTDOOR.COM) WITH 15% COMMISSION ON EACH SHIPMENT
  • 8. BETA WHERE • 11238: Clinton Hill, Prospect Heights • 13 active users • 15 transactions in July • 150 waitlist end-user sign ups concentrated in Brooklyn/NYC • 75 sign-ups interested in hosting ACTIVITY • July 2015 • Clinton Hill, Brooklyn (11238) LAUNCHED PHASE 1 - Current PHASE 2 - September PHASE 3 - October + 11217: Fort Green, Boerum Hill + 11201: Brooklyn Heights, Dumbo + 11211: Williamsburg www.blocbox.co/beta • Driven by waitlist sign-ups, host interest and demographics EXPANSION
  • 9. INVESTMENT OPPORTUNITY • Web app development • Drive & convert waitlist sign-ups • Early host incentives • Founder saleries • Entry into new cities • Mobile app development • Additional Use Case Experimentation • Hiring • Build local and retail partnership program New York Launch AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN JULY AUG 2 4 10 20 45 70 100 DC Launch Limited National Launch Brooklyn Expansion Wide National Launch RAISING $250K NEIGHBORHOOD EXPANSION • Convertible note - $1MM pre-money valuation - 20% Discount - 6% Interest • 50K committed • Revenue by Q4 2015 Driven by waitlist sign ups and neighborhood fit USE OF FUNDS ACCORDING TO ROADMAP ~2,000 Active Users ~1,000 Active Users
  • 12. Blocbox connects neighbors that don’t have enough [time at home, space, …] to neighbors that have surplus [time at home, space, … ] NEIGHBORHOODS ARE UNDERUTILIZED ASSETS PROBLEM SOLUTION I’m at the office during the day and can’t get my packages But I have extra storage space And I wish I knew my neighbors. I work at home so its easy to get lots of packages But I’m running out of closet space And I wish I knew my neighbors.
  • 13. ¯ˉ¯ˉ¯ˉ¯ˉ TRENDS SINGLE PERSON HOUSEHOLDS GOOGLE TRENDS INTEREST INDEX: “MISSED PACKAGE” Online Shopping – People at Home = Missed Deliveries US ONLINE RETAIL FORECAST 2009 2010 2011 2012 2013 2014 12 28 29 38 45 50 201820172016201520142013
  • 14. The “Host” Model is Socially Responsible and Economically Efficient NEIGHBORHOODS AS MICRO-ECONOMIES • Source of Income in a Tough Job Market • Minimizes Overhead and Infrastructure Requirements • Outsources Marketing – Hosts have incentive to proselytize • Passive Income – Big Payoff For Little Effort • Revitalizing Neighborhoods – Hosts are Neighborhood “Hub” • Great Opportunity for Several Demographics: • Retired People • Teleworkers/freelancers • Stay at Home Parents • Unemployed/ Between Jobs