SlideShare a Scribd company logo
1 of 40
Download to read offline
AI-powered Solution for Driving Attentively.
www.Driventive.co Hamed.Shams40 @ Gmail . com
1
21%
distracted driving
contributed to an
estimated 21% of fatal
collisions and 27% of
serious injury collisions in
2016
$102 Million
The cost of distracted
driving each year for car
insurance companies in
Canada
Problem: Distracted Driving #1
8x
Drivers who drive
distracted are more likely to
be in a crash or near-crash
event than non-distracted
drivers.
Source: CAA, 2019
Source: Transport Canada’s National Collision Report
Source: Hellosafe.ca
2
2021 2030
200
150
100
50
0
Distracted driving
could end up costing
$158.7 million by 2030.
This number means a $55.7 million increase in costs for car
insurance companies compared to 2021.
Considering a 5% annual increase in distracted driving-
related collisions in Canada
The cost of distracted driving
in Million dollars
Source: Hellosafe.ca
Problem: Distracted Driving #2
3
Most existing distraction detectors in the market are
either:
• designed for commercial use
• or require external hardware to be mounted.
GUARDIAN Driver Safety Sensor
Magna camera-based driver
monitoring system
Black VUE DMC200
Existing Solutions
However, people with 4-wheeled light vehicles barely
pay a vast sum of money (hundreds of dollars) to install
sophisticated monitoring devices on their cars.
4
BC
With 78 road fatalities,
B.C. ranks as the worst
Canadian province for
distracted driving
This number counts for 27% of all the annual road
fatalities in the province
Source: Distracted driving collisions in car accidents
Distracted driving seems particularly problematic in BC,
with 35.2% of total motor vehicle crashes(12,476 crashes)
estimated to be related to distracted driving.
5
The app's function goes beyond mere monitoring and tries to come up
with ideas and solutions to help the driver regain his calm after
experiencing high levels of inattention.
Our Solution #1
A mobile app that takes advantage of smartphones' cameras
coupled with deep learning (computer vision) to detect
distraction while driving.
"Distraction score" determines how distracted a driver has been up to
that point. The more distracted a driver becomes, the higher this
number will be.
6
7
The user places smartphone on a holder in a way that the
selfie camera can recognize her face and her body.
Through the selfie camera, a deep (computer vision)
model analyzes risky behavours in real-time based on
facial expressions, head movements, and body gestures.
For example, a driver talking to a passenger opens and
closes her mouth and might move her head to see the
passenger or approve her words. Using such signs, the
system detects a driver is not entirely focused on the road.
Our Solution #2
8
Our Solution #3
9
#1
Product Features #2
Reporting
In-app
notification
Home screen
notifications
Normal driving
10
For Every 4-wheeled light vehicle driver
Who need Increased safety and reduced getting fined
Driventive is A real-time assistant whose main job is to prevent distracted by alarming distracted drivers and helping
them recover from their extreme situations
That provides Real-time notification and recommendations in case of high distractedness
Unlike competitors Who have specifically designed their solutions for high-end customers or commercial use cases
Our product Aims to arm the mass market with the use of computer vision in battling distracted driving
Positioning Statement
11
We believe that: Every 4-wheeled light vehicle driver
Should be able to: Drive attentively and safely
By: By having the chance to detect and remove all the potential sources of distractions he may
face while driving
Through the ability to: Being notified whenever he is recognized as "highly distracted" and getting a report once in
a while showing him how distracted he's been driving during the last month/last week
As a result of: Using the Driventive application. The app alarms the driver in case of high distractions and
gives him reports of his driving status
For the investment of
approximately:
Nearly $3 a month
Value Proposition – User Buyer*
Our key differentiating
factor is our state-of-the-
art technology and the
use of computer vision
in our offering
• Note: User buyer, Economic Buyer, Manager Buyer, and Technical Buyer are all the same in the Driventive case.
12
Value Chain – User Buyer
Capturing data Analyzing the data Calculating risk score Gauging and alarming
Helping the distracted
driver to recover
Stage 1 Stage 2 Stage 3 Stage 4 Stage 5
In this stage, after the user
pushes the "on" button, the
app starts to work in the
background and captures
real-time data from the
driver's head movements
and body gestures
The captured data is
analyzed in this stage. The
video records are
compared with the pre-
defined patterns of
distraction, and the output
is sent to the risk-scoring
algorithm.
This score is calculated in
real-time and shows the
level of drivers'
distractedness. The more
the driver moves his head
or changes his body
gestures, the higher this
score becomes. This score
acts as input to the gauge
presented in the next step.
In this stage, the real-time
score of the driver is
compared to the normal
range of safe driving. If it
exceeds the range, the
driver is shown an alarm
with the help of a dog-like
mascot and his angry voice-
empowered wordings.
If the driver's distraction
score is recognized as
risky, the app provides
the driver with some
options to choose
among. By choosing any
of the recommendations,
the driver is directed to
that solution.
13
Number of licensed drivers
in North America 255
Millions
Number of licensed drivers
in the US 228 Millions
Number of licensed drivers
in Canada 27 Millions
Drive their own a car (%69)
Doesn't own a car
(%31)
Has income higher than
$100 thousand(%15.7)
Has income less than $50
thousand(%44.5)
Has income higher than
$50 thousand and less than
$100 thousand(%39.8)
Drivers of Light Vehicles
(23M)
Drivers of Motorcycles
(730K)
Drivers of Heavy-Duty
Vehicles
(1.2M)
Sweet spot market size is :
more than 6.3 Millions
Market Segmentation
Geographical Geographical Owning a car Income
Vehicle type
Source: Statista, Percentage distribution of income in Canada in 2019, by level of income
Source: Statista, Car ownership in Canada in 2022
14
Owning a car
01.
People won't pay us if
they don't have a car
Commercial/ non-
commercial use
02.
The market is divided into
two categories of users:
drivers working for
fleeting companies and
the ones who drive for
non-commercial use.
Level of
Income
03.
The income level of a
driver determines
his/her level of price
sensitivity
Market Segmentation Criteria
15
Commercial/ end-user
End-user
Fleeting/insurance
companies
Market Segmentation:
Ideal Customer Characteristics
Car owners
Doesn't own a car
Drivers owning a car
Income per year
$50K to $100K
Less than $50K
More than $100K
16
Business
Hypothesis
Low-cost
resegmented market
Drivers' distraction detection is a module for fleeting
companies to monitor their drivers. However,
introducing this product to the mass market would
satisfy the need ofan under-served group of customers.
Newly-available
technology
Computer vision technology is relatively new, and the
use of smartphones' selfie cameras in analyzing drivers'
facial expressions is revolutionary.
Technologic
innovation
Market
innovation
High
Low
High
Low
17
1
Cost of hiring the
solution consists of
any cost related to
subscribing,
implementing or
buying the solution.
The cost of buying an
additional hardware is
also considered in it
2
Among all competitors,
our product is mostly
similar to the Lifesaver
app except ours
targets the end-users
rather than commercial
customers
3
There is no competitor
in the B2C market
enabling drivers to get
notified when dealing
with high levels of
distractions
The best accuracy to
cost ratio among
competitors in the
B2C market
Cost of
hiring the
solution
Accurate and
Tailored to fleeting
companies needs
Accurate and
Tailored to end-
users needs
Competitive Landscape
safe2save
18
Measure Number of
potential
customers
Monthly unit
price
Total revenue
Total Market 23 Millions $2.99 $828 Million
Total Addressable
Market
6.3 Millions $2.5 $113.5 Million
Year 1 10,000 $2 $240,000
Year 2 50,000 $2 $1.2 Million
Year 3 100,000 $2.2 $2.64 Million
Total
Addressable
Market
19
Customer Discovery Methodology
To find the potential customers' needs, we have done thorough
research using primarily three mediums.
Talking to
Canadian
drivers
We've talked with more
than 15 Canadian drivers
using the mom test
Talking to
Iranian
drivers
To validate our solution, we
talked to more than 30
Iranian drivers in-person
Using a
questionnaire
We've built a questionnaire
using the mom test and
promoted it via the internet
among Canadian
Facebook groups.
20
Mahan
A 28-year-old
lives in Toronto
Customer Notes #1
• Mahan is rather short-tempered
and easily gets distracted while
driving.
• He has several aggressive
driving on his resume.
• This year he's had a car accident
because of distracted driving,
costing him $2200.
• Also, he's got many traffic tickets
because of speeding.
• He always uses navigating apps.
"Wow! it sounds fantastic! I will buy a
docker and start to use it if it's bug-
free. My only concern is privacy,
whether the app will record my
voice/video even when I am not
driving.
You should force drivers to use this,
e.g., by cooperating with Police or
Uber."
His words after completing the mom test and
introducing Driventive
21
Sharmain
A 45-year-old
lives in
Vancouver
• She lacks the confidence to
drive as her family has been too
concerned about her safety.
• She thinks her reactions while
driving are slower than ordinary
people.
• She has a phobia of a car
accidents.
• She gets highly nervous while
driving
"Your app is like an angle for me. It
helps me recover from my situation
whenever I feel scared or nervous. I'll
subscribe to your service."
Her words after completing the mom test
and introducing Driventive
22
Customer Notes #2
Nora
A 27-year-old
lives in
Vancouver
• She confessed to having several
eating/drinking experiences
while driving
• She gives a low number to her
driving as she is distracted most
of the time
• Whenever she feels
overwhelmed by sad emotions,
she tends to drive aggressively
• She has got fined during more
than once, costing her more
than $1000
"I may not use it as it probably drains
my phone's battery, which is so
crucial to me. I want to be able to use
my phone whenever I want. Besides,
such heavy battery usage will
damage my phone long-term.
BUT this can be a great feature on
navigation apps that we all use daily,
such as Waze."
Her words after completing the mom test
and introducing Driventive
23
Customer Notes #3
Customer Discovery
Findings
Key findings
• The amount of the monthly subscription fee
is essential as people are relatively price-
sensitive
• They told us that most of them prefer a free
well-functioning app, and a paid service
may get their guards up.
• Privacy and protection of data are important
in the eyes of the potential customers
Likes
• Their ability to escape from getting fined
• Safer driving
• Occasionalized recommendations and tips
Dislikes
• Perceived high battery usage
• The prospect of existing any disfunction
or bug in the app, like other free apps on
the market, has some.
• Using mobile holders while driving
• If the app creates much noise or alarms
too loud or in a distracting manner
24
What does she think and feel?
What does she hear? What does she say and do?
What does she see?
A day in the life of our customers
Pains Gains
She feels overwhelmed by negative
thoughts about her work and her marital
life. She has some concerns about her
family's future and her job security.
While driving, she gets distracted by looking at her phone,
her child, and some stores. She possibly uses a navigating
app like Waze and has to watch the app once in a while.
She may use her car's stereo for listening to music
While driving, she hears her baby crying. Meanwhile, a
navigating app guides her toward her destination, and a
music track or a podcast is in the background. She hears
other cars hooting.
She may talk to her parents, husband, siblings, or friends
via her mobile phone. She may talk to herself in her
thoughts. She even may speak with a voice assistant,
either to answer her text or to search for a piece of music
• She struggles to stay focused while driving.
• She may get fined for speeding or ignoring a traffic
sign on the road
• She may have been involved in an accident.
• Gaining more focus on the road while driving
• Escaping traffic tickets
• Having a safer driving experience
Rosa, 38 years old
Married, mother
Full-time employee
25
John struggles to stay focused
on the road while driving. He
commutes to work every day.
Any source of distraction while
driving can absorb his attention,
from his phone to the navigating
app and others' driving
behavior. Being stuck in traffic
can make him angry and cause
him to get fined.
• Male
• Name: John
• User buyer
• 30 years old
• Full-time employee
• Medium/low
income
• Dealing with ADHD
User
persona-1
Robert has a high position in a
well-known company. His job
demands much decision-
making and co-ordinating. He's
always busy talking to other
people via voice/video. He can't
detach himself from his work
even while driving. He uses a
voice assistant to answer his
messages.
• Male
• Name: Robert
• 40 years old
• Full-time employee
• Has a demanding
job
• Has to be on call all
the time
User
persona-3
Katherine loves accompanying
her friends. She uses her car to
go shopping or take her dog for
a walk. When she's driving, she
may talk with her friends in
person or via phone. She has to
take her babies with her
whenever she aims to go out as
no one can take care of her
children.
Bryan is a textbook example of
teenagers trying to convince
their parents to get permission
to drive the car. His parents are
cautious. They want to make
sure that Bryan won't show risky
driving behavior such as
speeding, driving under the
influence, or driving with his
friends on board.
• Male
• Name: Bryan
• 17 years old
• Highschool student
• Has cautious
parents
• Has to borrow his
parents' car to drive
User
persona-4
• Female
• Name: Kathrine
• User buyer
• 35 years old
• Mother of two
under-aged
children
• Has a dog
• Talkative
User
persona-2
26
Individual account
$2.99
Monthly subscription
Family account
(Up to five users)
$12.49
Monthly subscription
$29.99
Annual subscription
Individual account
Family account
(Up to five users)
$139.9
Annual subscription
Revenue Model
Our revenue model consists of two plans:
• Individuals
• Family (By paying for a family account, customers can benefit
from a %20 discount on their plans)
We also enable our users to pay us annually with a %20 discount
As we've targeted the end-users, we have to define a simple way
of charging for money to make the decision as simple as possible
for the end-users
27
Product Management: MVP Features
MVP feature Key benefit Key customer value
Recording users' facial expressions and
body gestures
Detecting distractedness Increased safety
Calculating and showing distraction score Understanding driver's level of distractedness Real-time monitoring and assisting the drivers
Alarming the users whenever he is detected
as highly distracted
The driver realizes that he is dangerously
distracted at the moment and increases his
focus
It helps the driver to be more self-aware at the moment of
need
Giving tips and solutions in case of high
distratedness
We give the users a hand in recovering from
their highly-distracted situations
Increased safety and real-time help
Reporting It gives undeniable and concrete evidence of
drivers' distracted driving
Users have a better estimation of their driving patterns.
28
Feature Key benefit Key customer value
More solutions and integrations The more tips and recommendations exist in front
of the driver to choose among, the more satisfied
the distracted driver will become
more options to choose from
More complex reporting features It gives a more comprehensive insight into the
driver's driving pattern
Wholistic insight
Loyalty and discount system If a driver's distraction score, during a month,
doesn't exceed the normal range even just once,
he will get points. These points can be turned into
subscription discount
Saving money
Emotion detection and recognition This feature would help us detecting not only
movement-related distractions, but emotion-
related as well.
Increased safety
29
Product Management: Future Releases
Problem
• Some people struggle to
focus their attention on the
road while driving. At
times they find themselves
daydreaming or being
distracted by their
smartphones.
• People don't have any idea
about how distracted they
have been driving.
Existing
Alternatives
• Some companies
incentivize people with
monetary/non-monetary
incentives not to use their
phone while driving
• Some are offering an
application for families to
track each other driving
experience
Unique Value
Proposition
• Increased safety
• Lower chance of receiving
a ticket
• Helping highly-distracted
drivers recover from high
levels of distractedness
High Level Concept
We equip end-users with a
product(distraction detection
with the help of computer
vision) that is exclusive to
fleeting companies as of now.
Customer Segments
• Cautious 4-wheeled car
drivers aiming to increase
their safety while driving
or reduce their chance of
getting fined
• People have trouble
focusing on the road while
driving, such as people
dealing with ADHD.
Early Adopters
People dealing with ADHD are
the most desperate group of
potential customers . As these
people have higher chance of
getting speeding ticket, they
may be more willing to accept
our solution
Solution
• Our application locks all
the other applications as
soon as the customer
pushes the "on" button.
• We record drivers' facial
expressions while driving
and alarm them whenever
we recognize them as
"highly distracted."
Key Metrics
• Number of downloads
• Number of registered
users
• Percent of registered users
activate their free trial
• Percent of users converts
to customers after one
month of free use
• Customers' retention rate
Unfair Advantage
Our expertise in developing
state-of-the-art technologies
related to drivers' facial
expressions while driving
Channels
Potential users can find our
solution via:
• Driventive's website
• Driventive's application
page in well-known app
stores like Play Store and
Apple app store
• Our social media pages
and channels like
Instagram and Facebook
Cost structure
• Payroll
• Marketing and advertising
• Office rent/Server and hosting
• Business incorporation/Office equipment
Revenue Streams
Monthly subscription
30
1. Visiting Driventive page in the app store
The user either searches for the app or visits the apps logo in Google Play or the
Apple app store, then they click on the logo to visit the Driventive product page
2. Downloading the app
The user chooses to push the "download" button
3. Signing up
The user opens the app, fills out his/her name and email address
4. Activate free trial
The user then decides to give our app a try and activates his 1-month free trial
5. Converts to paid user
The user is satisfied enough with our service that he/she decides to pay for our
product and subscribe to the paid version
Sales Funnel #1
Converts to paid
user
Activate free trial
Signing up
Downloading the app
Driventive page in the app store
31
1. Visiting the Driventive home page
The user Visits Driventive's home page via Google search or directly enters the
domain name and is headed to the website.
3. Downloading the app
The user chooses to push the "download" button
4. Signing up
The user opens the app, fills out his/her name and email address
5. Activate free trial
The user then decides to give our app a try and activates his 1-month free trial
6. Converts to paid user
The user is satisfied enough with our service that he/she decides to pay for our
product and subscribe to the paid version
Sales Funnel #2
Converts to paid
user
Activate free trial
Signing up
Downloading the app
Website's download page
Driventive website home page
2. Driventive's download page
The user clicks on the "download" section of the website and is headed to the page.
32
Lead
Generation
Strategy
01
Partnering with insurance companies and
offering our application to their customers for
free for a limited period.
02
Introducing the concept of family accounts.
By purchasing this account, the customer can
create an account for up to 4 other individuals.
03
Partnering with local taxi institutions, ride-
hailing, and ride-sharing companies to help
them have less distracted drivers.
33
How to get the app installed?
• Investing considerably in Google play store and App
store ads.
• Having a solid presence on social media like Facebook,
Instagram, and Youtube
• Frequently asking users to rate the app on app stores
• As our application has a social cause, we've planned to
get a substantial public press either by paying money
free
• As this product is designed for the mass market, SMS
and push notifs are a converting channel
• Being partner with local insurance companies to get
promoted among their user base
Marketing Strategy
How do we convert free users to
paid customers?
• Sharing positive stories and testimonials from our users
on social media or via email with our free users
• Hooking free users with frequent discounts and
coupons
• Explaining benefits of the paid version via email
• Optimizing our free user journey for Conversions. The
better the conversion rate across the whole journey, the
higher the number of the trial turned to paid customers
34
Conversion rate
Converts to paid
user
Activate free trial
Signing up
Downloading the app
Website's download landing page
Measure Conversion rate
App's download landing
page
3%
Instagram ads 1.1%
Facebook ads 8%
In-app banner ads 9%
Google play store ads 33%
Apple app store ads 30.3%
In-app video advertising 3.1%
100,000 leads enter our
website from lead
generating activities
6,000 leads install the app
2320 leads
630 potential customers
Conversion rate=6%
Conversion rate=42%
Conversion rate=15%
Conversion rate=25%
92 paid users
35
Go-to-Market Strategy
• Drivers dealing with ADHD are among the most desperate
groups of customers for Driventive.
• They are more prone to getting speeding tickets/tickets because
of inattention to signs and traffic lights.
• Hence, we'll try our best to onboard as many ADHDers as
possible via advertising or partnering with NGOs and
communities focused on attention disorders.
• We try to get much attention in the media to build on the social
aspect of our cause.
36
The more we detect and remove sources of distraction,
the safer the driving experience will become
Removing distractions from
the driving experience
completely
Our company needs to make money to survive and craft
our offering.
Converting one million drivers
into paid customers
• Recruiting top-tier developers, and AI-experts
• Creating a great employer brand in the
industry
Being technologically advanced is our main competitive
advantage. Hence, we should build on this competency as
much as we can
Becoming a technological
powerhouse
• Investing $350 K into advertising in the first
year alone
• Executing customer studies and market
research constantly
• Improving conversion rates across all the
stages of the sales
• Developing more use-cases for the
technology
• Introducing integrations with other
applications
• Having a disciplined pursuit of making the
app more straightforward and improving the
user experience
OKRs
37
Building the MVP
Loyalty and discount system
Adding emotion detection
to our product
Product Roadmap
First 6-mo
Usability Testing
Constantly improving battery apps battery usage
Adding more integrations and
solutions for high distractedness
Second 6-mo Third 6-mo Forth 6-mo Fifth 6-mo Sixth 6-mo
More exciting features will be added to
our product in the next few years.
We believe that people recognize a good
product and pay for it.
38
Measure year 1 year 2 year 3 year 4 year 5
Number of paid
customers
12000 36500 89800 174900 285040
Annual revenue 430560 1309620 3222024 6275412 10227235
Operational costs 418890 1132154 2572202 4502033 6333634
Gross profit 11670 177466 649822 1773379 3893601
Overhead costs 30,000 50,000 70,000 100,000 130,000
Net profit -18329.6 127465.6 579822 1673379 3763601
Financial Projection
We reach the operational
positive cash flow state by the
end of the second year, and
we hit the break-even point by
the end of the third year
39
Hamed Shams Mohsen Abedi Hamidreza Bistoni
40
Our Team

More Related Content

Similar to Driventive | Pitch Deck

The Future of the Automotive Dealership
The Future of the Automotive DealershipThe Future of the Automotive Dealership
The Future of the Automotive DealershipFuturelab
 
ADARRA Inc Final Presentation
ADARRA Inc Final PresentationADARRA Inc Final Presentation
ADARRA Inc Final PresentationShadaya Bennett
 
FendBend.AI Digital Claims Admin Fintech (Insurtech) Business Pitch @DVHacks
FendBend.AI  Digital Claims Admin Fintech (Insurtech) Business Pitch @DVHacksFendBend.AI  Digital Claims Admin Fintech (Insurtech) Business Pitch @DVHacks
FendBend.AI Digital Claims Admin Fintech (Insurtech) Business Pitch @DVHacksVenkat Chandra ("VC")
 
Building Consumer Trust in Technology
Building Consumer Trust in TechnologyBuilding Consumer Trust in Technology
Building Consumer Trust in TechnologyStradablog
 
Lochbridge Connected Car Maturity Model
Lochbridge Connected Car Maturity ModelLochbridge Connected Car Maturity Model
Lochbridge Connected Car Maturity ModelRomil Bahl
 
Lochbridge Connected Car Maturity Model FINAL
Lochbridge Connected Car Maturity Model FINALLochbridge Connected Car Maturity Model FINAL
Lochbridge Connected Car Maturity Model FINALmowat312
 
Business Idea Pitch Garage on Deman
Business Idea Pitch Garage on DemanBusiness Idea Pitch Garage on Deman
Business Idea Pitch Garage on DemanShesha R
 
[Le levier de ton idée] HUDlog Pitch Deck
[Le levier de ton idée]   HUDlog Pitch Deck[Le levier de ton idée]   HUDlog Pitch Deck
[Le levier de ton idée] HUDlog Pitch DeckTristan-CTO
 
Driving digital presentation for 2018
Driving digital presentation for 2018Driving digital presentation for 2018
Driving digital presentation for 2018Ralph Paglia
 
Driving digital 2017 presentation
Driving digital 2017 presentationDriving digital 2017 presentation
Driving digital 2017 presentationcarpsio
 
Galactic Motors Corporation
Galactic Motors CorporationGalactic Motors Corporation
Galactic Motors CorporationSeaworthy67
 
2020 global automotive consumer insights
2020 global automotive consumer insights2020 global automotive consumer insights
2020 global automotive consumer insightsaakash malhotra
 
Marketing Management presentation
Marketing Management presentationMarketing Management presentation
Marketing Management presentationAlexey Kobzev
 
Marketing Plan for an App
Marketing Plan for an AppMarketing Plan for an App
Marketing Plan for an AppSiddharth JP
 
Driverly Company Limited - Insurtech Innovation Award 2023
Driverly Company Limited - Insurtech Innovation Award 2023Driverly Company Limited - Insurtech Innovation Award 2023
Driverly Company Limited - Insurtech Innovation Award 2023The Digital Insurer
 
Automotive Inventory Syndication - Take Control of Your Marketing and Your In...
Automotive Inventory Syndication - Take Control of Your Marketing and Your In...Automotive Inventory Syndication - Take Control of Your Marketing and Your In...
Automotive Inventory Syndication - Take Control of Your Marketing and Your In...Lydie Wolfensperger
 
Ravin AI - NOAH19 London
Ravin AI - NOAH19 LondonRavin AI - NOAH19 London
Ravin AI - NOAH19 LondonNOAH Advisors
 
Digital Transformation | Automotive Cutomers
Digital Transformation | Automotive CutomersDigital Transformation | Automotive Cutomers
Digital Transformation | Automotive Cutomersaakash malhotra
 

Similar to Driventive | Pitch Deck (20)

The Future of the Automotive Dealership
The Future of the Automotive DealershipThe Future of the Automotive Dealership
The Future of the Automotive Dealership
 
ADARRA Inc Final Presentation
ADARRA Inc Final PresentationADARRA Inc Final Presentation
ADARRA Inc Final Presentation
 
FendBend.AI Digital Claims Admin Fintech (Insurtech) Business Pitch @DVHacks
FendBend.AI  Digital Claims Admin Fintech (Insurtech) Business Pitch @DVHacksFendBend.AI  Digital Claims Admin Fintech (Insurtech) Business Pitch @DVHacks
FendBend.AI Digital Claims Admin Fintech (Insurtech) Business Pitch @DVHacks
 
At your service
At your serviceAt your service
At your service
 
Building Consumer Trust in Technology
Building Consumer Trust in TechnologyBuilding Consumer Trust in Technology
Building Consumer Trust in Technology
 
Lochbridge Connected Car Maturity Model
Lochbridge Connected Car Maturity ModelLochbridge Connected Car Maturity Model
Lochbridge Connected Car Maturity Model
 
Lochbridge Connected Car Maturity Model FINAL
Lochbridge Connected Car Maturity Model FINALLochbridge Connected Car Maturity Model FINAL
Lochbridge Connected Car Maturity Model FINAL
 
Business Idea Pitch Garage on Deman
Business Idea Pitch Garage on DemanBusiness Idea Pitch Garage on Deman
Business Idea Pitch Garage on Deman
 
[Le levier de ton idée] HUDlog Pitch Deck
[Le levier de ton idée]   HUDlog Pitch Deck[Le levier de ton idée]   HUDlog Pitch Deck
[Le levier de ton idée] HUDlog Pitch Deck
 
Driving digital presentation for 2018
Driving digital presentation for 2018Driving digital presentation for 2018
Driving digital presentation for 2018
 
Driving digital 2017 presentation
Driving digital 2017 presentationDriving digital 2017 presentation
Driving digital 2017 presentation
 
Galactic Motors Corporation
Galactic Motors CorporationGalactic Motors Corporation
Galactic Motors Corporation
 
Final
FinalFinal
Final
 
2020 global automotive consumer insights
2020 global automotive consumer insights2020 global automotive consumer insights
2020 global automotive consumer insights
 
Marketing Management presentation
Marketing Management presentationMarketing Management presentation
Marketing Management presentation
 
Marketing Plan for an App
Marketing Plan for an AppMarketing Plan for an App
Marketing Plan for an App
 
Driverly Company Limited - Insurtech Innovation Award 2023
Driverly Company Limited - Insurtech Innovation Award 2023Driverly Company Limited - Insurtech Innovation Award 2023
Driverly Company Limited - Insurtech Innovation Award 2023
 
Automotive Inventory Syndication - Take Control of Your Marketing and Your In...
Automotive Inventory Syndication - Take Control of Your Marketing and Your In...Automotive Inventory Syndication - Take Control of Your Marketing and Your In...
Automotive Inventory Syndication - Take Control of Your Marketing and Your In...
 
Ravin AI - NOAH19 London
Ravin AI - NOAH19 LondonRavin AI - NOAH19 London
Ravin AI - NOAH19 London
 
Digital Transformation | Automotive Cutomers
Digital Transformation | Automotive CutomersDigital Transformation | Automotive Cutomers
Digital Transformation | Automotive Cutomers
 

Recently uploaded

NewBase 22 April 2024 Energy News issue - 1718 by Khaled Al Awadi (AutoRe...
NewBase  22 April  2024  Energy News issue - 1718 by Khaled Al Awadi  (AutoRe...NewBase  22 April  2024  Energy News issue - 1718 by Khaled Al Awadi  (AutoRe...
NewBase 22 April 2024 Energy News issue - 1718 by Khaled Al Awadi (AutoRe...Khaled Al Awadi
 
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / NcrCall Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncrdollysharma2066
 
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝soniya singh
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis UsageNeil Kimberley
 
(8264348440) 🔝 Call Girls In Hauz Khas 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Hauz Khas 🔝 Delhi NCR(8264348440) 🔝 Call Girls In Hauz Khas 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Hauz Khas 🔝 Delhi NCRsoniya singh
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...lizamodels9
 
A.I. Bot Summit 3 Opening Keynote - Perry Belcher
A.I. Bot Summit 3 Opening Keynote - Perry BelcherA.I. Bot Summit 3 Opening Keynote - Perry Belcher
A.I. Bot Summit 3 Opening Keynote - Perry BelcherPerry Belcher
 
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedLean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedKaiNexus
 
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckPitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckHajeJanKamps
 
Call Girls In Kishangarh Delhi ❤️8860477959 Good Looking Escorts In 24/7 Delh...
Call Girls In Kishangarh Delhi ❤️8860477959 Good Looking Escorts In 24/7 Delh...Call Girls In Kishangarh Delhi ❤️8860477959 Good Looking Escorts In 24/7 Delh...
Call Girls In Kishangarh Delhi ❤️8860477959 Good Looking Escorts In 24/7 Delh...lizamodels9
 
rishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdfrishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdfmuskan1121w
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Roomdivyansh0kumar0
 
FULL ENJOY - 9953040155 Call Girls in Chhatarpur | Delhi
FULL ENJOY - 9953040155 Call Girls in Chhatarpur | DelhiFULL ENJOY - 9953040155 Call Girls in Chhatarpur | Delhi
FULL ENJOY - 9953040155 Call Girls in Chhatarpur | DelhiMalviyaNagarCallGirl
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...lizamodels9
 
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts ServiceVip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Serviceankitnayak356677
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfpollardmorgan
 
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadIslamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadAyesha Khan
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechNewman George Leech
 

Recently uploaded (20)

KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)
 
NewBase 22 April 2024 Energy News issue - 1718 by Khaled Al Awadi (AutoRe...
NewBase  22 April  2024  Energy News issue - 1718 by Khaled Al Awadi  (AutoRe...NewBase  22 April  2024  Energy News issue - 1718 by Khaled Al Awadi  (AutoRe...
NewBase 22 April 2024 Energy News issue - 1718 by Khaled Al Awadi (AutoRe...
 
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / NcrCall Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
Call Girls in DELHI Cantt, ( Call Me )-8377877756-Female Escort- In Delhi / Ncr
 
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Mehrauli Delhi 💯Call Us 🔝8264348440🔝
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
 
(8264348440) 🔝 Call Girls In Hauz Khas 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Hauz Khas 🔝 Delhi NCR(8264348440) 🔝 Call Girls In Hauz Khas 🔝 Delhi NCR
(8264348440) 🔝 Call Girls In Hauz Khas 🔝 Delhi NCR
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
 
A.I. Bot Summit 3 Opening Keynote - Perry Belcher
A.I. Bot Summit 3 Opening Keynote - Perry BelcherA.I. Bot Summit 3 Opening Keynote - Perry Belcher
A.I. Bot Summit 3 Opening Keynote - Perry Belcher
 
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedLean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
 
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deckPitch Deck Teardown: NOQX's $200k Pre-seed deck
Pitch Deck Teardown: NOQX's $200k Pre-seed deck
 
Call Girls In Kishangarh Delhi ❤️8860477959 Good Looking Escorts In 24/7 Delh...
Call Girls In Kishangarh Delhi ❤️8860477959 Good Looking Escorts In 24/7 Delh...Call Girls In Kishangarh Delhi ❤️8860477959 Good Looking Escorts In 24/7 Delh...
Call Girls In Kishangarh Delhi ❤️8860477959 Good Looking Escorts In 24/7 Delh...
 
rishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdfrishikeshgirls.in- Rishikesh call girl.pdf
rishikeshgirls.in- Rishikesh call girl.pdf
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
 
FULL ENJOY - 9953040155 Call Girls in Chhatarpur | Delhi
FULL ENJOY - 9953040155 Call Girls in Chhatarpur | DelhiFULL ENJOY - 9953040155 Call Girls in Chhatarpur | Delhi
FULL ENJOY - 9953040155 Call Girls in Chhatarpur | Delhi
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
 
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts ServiceVip Female Escorts Noida 9711199171 Greater Noida Escorts Service
Vip Female Escorts Noida 9711199171 Greater Noida Escorts Service
 
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdfIntro to BCG's Carbon Emissions Benchmark_vF.pdf
Intro to BCG's Carbon Emissions Benchmark_vF.pdf
 
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in IslamabadIslamabad Escorts | Call 03274100048 | Escort Service in Islamabad
Islamabad Escorts | Call 03274100048 | Escort Service in Islamabad
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
RE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman LeechRE Capital's Visionary Leadership under Newman Leech
RE Capital's Visionary Leadership under Newman Leech
 

Driventive | Pitch Deck

  • 1. AI-powered Solution for Driving Attentively. www.Driventive.co Hamed.Shams40 @ Gmail . com 1
  • 2. 21% distracted driving contributed to an estimated 21% of fatal collisions and 27% of serious injury collisions in 2016 $102 Million The cost of distracted driving each year for car insurance companies in Canada Problem: Distracted Driving #1 8x Drivers who drive distracted are more likely to be in a crash or near-crash event than non-distracted drivers. Source: CAA, 2019 Source: Transport Canada’s National Collision Report Source: Hellosafe.ca 2
  • 3. 2021 2030 200 150 100 50 0 Distracted driving could end up costing $158.7 million by 2030. This number means a $55.7 million increase in costs for car insurance companies compared to 2021. Considering a 5% annual increase in distracted driving- related collisions in Canada The cost of distracted driving in Million dollars Source: Hellosafe.ca Problem: Distracted Driving #2 3
  • 4. Most existing distraction detectors in the market are either: • designed for commercial use • or require external hardware to be mounted. GUARDIAN Driver Safety Sensor Magna camera-based driver monitoring system Black VUE DMC200 Existing Solutions However, people with 4-wheeled light vehicles barely pay a vast sum of money (hundreds of dollars) to install sophisticated monitoring devices on their cars. 4
  • 5. BC With 78 road fatalities, B.C. ranks as the worst Canadian province for distracted driving This number counts for 27% of all the annual road fatalities in the province Source: Distracted driving collisions in car accidents Distracted driving seems particularly problematic in BC, with 35.2% of total motor vehicle crashes(12,476 crashes) estimated to be related to distracted driving. 5
  • 6. The app's function goes beyond mere monitoring and tries to come up with ideas and solutions to help the driver regain his calm after experiencing high levels of inattention. Our Solution #1 A mobile app that takes advantage of smartphones' cameras coupled with deep learning (computer vision) to detect distraction while driving. "Distraction score" determines how distracted a driver has been up to that point. The more distracted a driver becomes, the higher this number will be. 6
  • 7. 7 The user places smartphone on a holder in a way that the selfie camera can recognize her face and her body. Through the selfie camera, a deep (computer vision) model analyzes risky behavours in real-time based on facial expressions, head movements, and body gestures. For example, a driver talking to a passenger opens and closes her mouth and might move her head to see the passenger or approve her words. Using such signs, the system detects a driver is not entirely focused on the road. Our Solution #2
  • 10. Product Features #2 Reporting In-app notification Home screen notifications Normal driving 10
  • 11. For Every 4-wheeled light vehicle driver Who need Increased safety and reduced getting fined Driventive is A real-time assistant whose main job is to prevent distracted by alarming distracted drivers and helping them recover from their extreme situations That provides Real-time notification and recommendations in case of high distractedness Unlike competitors Who have specifically designed their solutions for high-end customers or commercial use cases Our product Aims to arm the mass market with the use of computer vision in battling distracted driving Positioning Statement 11
  • 12. We believe that: Every 4-wheeled light vehicle driver Should be able to: Drive attentively and safely By: By having the chance to detect and remove all the potential sources of distractions he may face while driving Through the ability to: Being notified whenever he is recognized as "highly distracted" and getting a report once in a while showing him how distracted he's been driving during the last month/last week As a result of: Using the Driventive application. The app alarms the driver in case of high distractions and gives him reports of his driving status For the investment of approximately: Nearly $3 a month Value Proposition – User Buyer* Our key differentiating factor is our state-of-the- art technology and the use of computer vision in our offering • Note: User buyer, Economic Buyer, Manager Buyer, and Technical Buyer are all the same in the Driventive case. 12
  • 13. Value Chain – User Buyer Capturing data Analyzing the data Calculating risk score Gauging and alarming Helping the distracted driver to recover Stage 1 Stage 2 Stage 3 Stage 4 Stage 5 In this stage, after the user pushes the "on" button, the app starts to work in the background and captures real-time data from the driver's head movements and body gestures The captured data is analyzed in this stage. The video records are compared with the pre- defined patterns of distraction, and the output is sent to the risk-scoring algorithm. This score is calculated in real-time and shows the level of drivers' distractedness. The more the driver moves his head or changes his body gestures, the higher this score becomes. This score acts as input to the gauge presented in the next step. In this stage, the real-time score of the driver is compared to the normal range of safe driving. If it exceeds the range, the driver is shown an alarm with the help of a dog-like mascot and his angry voice- empowered wordings. If the driver's distraction score is recognized as risky, the app provides the driver with some options to choose among. By choosing any of the recommendations, the driver is directed to that solution. 13
  • 14. Number of licensed drivers in North America 255 Millions Number of licensed drivers in the US 228 Millions Number of licensed drivers in Canada 27 Millions Drive their own a car (%69) Doesn't own a car (%31) Has income higher than $100 thousand(%15.7) Has income less than $50 thousand(%44.5) Has income higher than $50 thousand and less than $100 thousand(%39.8) Drivers of Light Vehicles (23M) Drivers of Motorcycles (730K) Drivers of Heavy-Duty Vehicles (1.2M) Sweet spot market size is : more than 6.3 Millions Market Segmentation Geographical Geographical Owning a car Income Vehicle type Source: Statista, Percentage distribution of income in Canada in 2019, by level of income Source: Statista, Car ownership in Canada in 2022 14
  • 15. Owning a car 01. People won't pay us if they don't have a car Commercial/ non- commercial use 02. The market is divided into two categories of users: drivers working for fleeting companies and the ones who drive for non-commercial use. Level of Income 03. The income level of a driver determines his/her level of price sensitivity Market Segmentation Criteria 15
  • 16. Commercial/ end-user End-user Fleeting/insurance companies Market Segmentation: Ideal Customer Characteristics Car owners Doesn't own a car Drivers owning a car Income per year $50K to $100K Less than $50K More than $100K 16
  • 17. Business Hypothesis Low-cost resegmented market Drivers' distraction detection is a module for fleeting companies to monitor their drivers. However, introducing this product to the mass market would satisfy the need ofan under-served group of customers. Newly-available technology Computer vision technology is relatively new, and the use of smartphones' selfie cameras in analyzing drivers' facial expressions is revolutionary. Technologic innovation Market innovation High Low High Low 17
  • 18. 1 Cost of hiring the solution consists of any cost related to subscribing, implementing or buying the solution. The cost of buying an additional hardware is also considered in it 2 Among all competitors, our product is mostly similar to the Lifesaver app except ours targets the end-users rather than commercial customers 3 There is no competitor in the B2C market enabling drivers to get notified when dealing with high levels of distractions The best accuracy to cost ratio among competitors in the B2C market Cost of hiring the solution Accurate and Tailored to fleeting companies needs Accurate and Tailored to end- users needs Competitive Landscape safe2save 18
  • 19. Measure Number of potential customers Monthly unit price Total revenue Total Market 23 Millions $2.99 $828 Million Total Addressable Market 6.3 Millions $2.5 $113.5 Million Year 1 10,000 $2 $240,000 Year 2 50,000 $2 $1.2 Million Year 3 100,000 $2.2 $2.64 Million Total Addressable Market 19
  • 20. Customer Discovery Methodology To find the potential customers' needs, we have done thorough research using primarily three mediums. Talking to Canadian drivers We've talked with more than 15 Canadian drivers using the mom test Talking to Iranian drivers To validate our solution, we talked to more than 30 Iranian drivers in-person Using a questionnaire We've built a questionnaire using the mom test and promoted it via the internet among Canadian Facebook groups. 20
  • 21. Mahan A 28-year-old lives in Toronto Customer Notes #1 • Mahan is rather short-tempered and easily gets distracted while driving. • He has several aggressive driving on his resume. • This year he's had a car accident because of distracted driving, costing him $2200. • Also, he's got many traffic tickets because of speeding. • He always uses navigating apps. "Wow! it sounds fantastic! I will buy a docker and start to use it if it's bug- free. My only concern is privacy, whether the app will record my voice/video even when I am not driving. You should force drivers to use this, e.g., by cooperating with Police or Uber." His words after completing the mom test and introducing Driventive 21
  • 22. Sharmain A 45-year-old lives in Vancouver • She lacks the confidence to drive as her family has been too concerned about her safety. • She thinks her reactions while driving are slower than ordinary people. • She has a phobia of a car accidents. • She gets highly nervous while driving "Your app is like an angle for me. It helps me recover from my situation whenever I feel scared or nervous. I'll subscribe to your service." Her words after completing the mom test and introducing Driventive 22 Customer Notes #2
  • 23. Nora A 27-year-old lives in Vancouver • She confessed to having several eating/drinking experiences while driving • She gives a low number to her driving as she is distracted most of the time • Whenever she feels overwhelmed by sad emotions, she tends to drive aggressively • She has got fined during more than once, costing her more than $1000 "I may not use it as it probably drains my phone's battery, which is so crucial to me. I want to be able to use my phone whenever I want. Besides, such heavy battery usage will damage my phone long-term. BUT this can be a great feature on navigation apps that we all use daily, such as Waze." Her words after completing the mom test and introducing Driventive 23 Customer Notes #3
  • 24. Customer Discovery Findings Key findings • The amount of the monthly subscription fee is essential as people are relatively price- sensitive • They told us that most of them prefer a free well-functioning app, and a paid service may get their guards up. • Privacy and protection of data are important in the eyes of the potential customers Likes • Their ability to escape from getting fined • Safer driving • Occasionalized recommendations and tips Dislikes • Perceived high battery usage • The prospect of existing any disfunction or bug in the app, like other free apps on the market, has some. • Using mobile holders while driving • If the app creates much noise or alarms too loud or in a distracting manner 24
  • 25. What does she think and feel? What does she hear? What does she say and do? What does she see? A day in the life of our customers Pains Gains She feels overwhelmed by negative thoughts about her work and her marital life. She has some concerns about her family's future and her job security. While driving, she gets distracted by looking at her phone, her child, and some stores. She possibly uses a navigating app like Waze and has to watch the app once in a while. She may use her car's stereo for listening to music While driving, she hears her baby crying. Meanwhile, a navigating app guides her toward her destination, and a music track or a podcast is in the background. She hears other cars hooting. She may talk to her parents, husband, siblings, or friends via her mobile phone. She may talk to herself in her thoughts. She even may speak with a voice assistant, either to answer her text or to search for a piece of music • She struggles to stay focused while driving. • She may get fined for speeding or ignoring a traffic sign on the road • She may have been involved in an accident. • Gaining more focus on the road while driving • Escaping traffic tickets • Having a safer driving experience Rosa, 38 years old Married, mother Full-time employee 25
  • 26. John struggles to stay focused on the road while driving. He commutes to work every day. Any source of distraction while driving can absorb his attention, from his phone to the navigating app and others' driving behavior. Being stuck in traffic can make him angry and cause him to get fined. • Male • Name: John • User buyer • 30 years old • Full-time employee • Medium/low income • Dealing with ADHD User persona-1 Robert has a high position in a well-known company. His job demands much decision- making and co-ordinating. He's always busy talking to other people via voice/video. He can't detach himself from his work even while driving. He uses a voice assistant to answer his messages. • Male • Name: Robert • 40 years old • Full-time employee • Has a demanding job • Has to be on call all the time User persona-3 Katherine loves accompanying her friends. She uses her car to go shopping or take her dog for a walk. When she's driving, she may talk with her friends in person or via phone. She has to take her babies with her whenever she aims to go out as no one can take care of her children. Bryan is a textbook example of teenagers trying to convince their parents to get permission to drive the car. His parents are cautious. They want to make sure that Bryan won't show risky driving behavior such as speeding, driving under the influence, or driving with his friends on board. • Male • Name: Bryan • 17 years old • Highschool student • Has cautious parents • Has to borrow his parents' car to drive User persona-4 • Female • Name: Kathrine • User buyer • 35 years old • Mother of two under-aged children • Has a dog • Talkative User persona-2 26
  • 27. Individual account $2.99 Monthly subscription Family account (Up to five users) $12.49 Monthly subscription $29.99 Annual subscription Individual account Family account (Up to five users) $139.9 Annual subscription Revenue Model Our revenue model consists of two plans: • Individuals • Family (By paying for a family account, customers can benefit from a %20 discount on their plans) We also enable our users to pay us annually with a %20 discount As we've targeted the end-users, we have to define a simple way of charging for money to make the decision as simple as possible for the end-users 27
  • 28. Product Management: MVP Features MVP feature Key benefit Key customer value Recording users' facial expressions and body gestures Detecting distractedness Increased safety Calculating and showing distraction score Understanding driver's level of distractedness Real-time monitoring and assisting the drivers Alarming the users whenever he is detected as highly distracted The driver realizes that he is dangerously distracted at the moment and increases his focus It helps the driver to be more self-aware at the moment of need Giving tips and solutions in case of high distratedness We give the users a hand in recovering from their highly-distracted situations Increased safety and real-time help Reporting It gives undeniable and concrete evidence of drivers' distracted driving Users have a better estimation of their driving patterns. 28
  • 29. Feature Key benefit Key customer value More solutions and integrations The more tips and recommendations exist in front of the driver to choose among, the more satisfied the distracted driver will become more options to choose from More complex reporting features It gives a more comprehensive insight into the driver's driving pattern Wholistic insight Loyalty and discount system If a driver's distraction score, during a month, doesn't exceed the normal range even just once, he will get points. These points can be turned into subscription discount Saving money Emotion detection and recognition This feature would help us detecting not only movement-related distractions, but emotion- related as well. Increased safety 29 Product Management: Future Releases
  • 30. Problem • Some people struggle to focus their attention on the road while driving. At times they find themselves daydreaming or being distracted by their smartphones. • People don't have any idea about how distracted they have been driving. Existing Alternatives • Some companies incentivize people with monetary/non-monetary incentives not to use their phone while driving • Some are offering an application for families to track each other driving experience Unique Value Proposition • Increased safety • Lower chance of receiving a ticket • Helping highly-distracted drivers recover from high levels of distractedness High Level Concept We equip end-users with a product(distraction detection with the help of computer vision) that is exclusive to fleeting companies as of now. Customer Segments • Cautious 4-wheeled car drivers aiming to increase their safety while driving or reduce their chance of getting fined • People have trouble focusing on the road while driving, such as people dealing with ADHD. Early Adopters People dealing with ADHD are the most desperate group of potential customers . As these people have higher chance of getting speeding ticket, they may be more willing to accept our solution Solution • Our application locks all the other applications as soon as the customer pushes the "on" button. • We record drivers' facial expressions while driving and alarm them whenever we recognize them as "highly distracted." Key Metrics • Number of downloads • Number of registered users • Percent of registered users activate their free trial • Percent of users converts to customers after one month of free use • Customers' retention rate Unfair Advantage Our expertise in developing state-of-the-art technologies related to drivers' facial expressions while driving Channels Potential users can find our solution via: • Driventive's website • Driventive's application page in well-known app stores like Play Store and Apple app store • Our social media pages and channels like Instagram and Facebook Cost structure • Payroll • Marketing and advertising • Office rent/Server and hosting • Business incorporation/Office equipment Revenue Streams Monthly subscription 30
  • 31. 1. Visiting Driventive page in the app store The user either searches for the app or visits the apps logo in Google Play or the Apple app store, then they click on the logo to visit the Driventive product page 2. Downloading the app The user chooses to push the "download" button 3. Signing up The user opens the app, fills out his/her name and email address 4. Activate free trial The user then decides to give our app a try and activates his 1-month free trial 5. Converts to paid user The user is satisfied enough with our service that he/she decides to pay for our product and subscribe to the paid version Sales Funnel #1 Converts to paid user Activate free trial Signing up Downloading the app Driventive page in the app store 31
  • 32. 1. Visiting the Driventive home page The user Visits Driventive's home page via Google search or directly enters the domain name and is headed to the website. 3. Downloading the app The user chooses to push the "download" button 4. Signing up The user opens the app, fills out his/her name and email address 5. Activate free trial The user then decides to give our app a try and activates his 1-month free trial 6. Converts to paid user The user is satisfied enough with our service that he/she decides to pay for our product and subscribe to the paid version Sales Funnel #2 Converts to paid user Activate free trial Signing up Downloading the app Website's download page Driventive website home page 2. Driventive's download page The user clicks on the "download" section of the website and is headed to the page. 32
  • 33. Lead Generation Strategy 01 Partnering with insurance companies and offering our application to their customers for free for a limited period. 02 Introducing the concept of family accounts. By purchasing this account, the customer can create an account for up to 4 other individuals. 03 Partnering with local taxi institutions, ride- hailing, and ride-sharing companies to help them have less distracted drivers. 33
  • 34. How to get the app installed? • Investing considerably in Google play store and App store ads. • Having a solid presence on social media like Facebook, Instagram, and Youtube • Frequently asking users to rate the app on app stores • As our application has a social cause, we've planned to get a substantial public press either by paying money free • As this product is designed for the mass market, SMS and push notifs are a converting channel • Being partner with local insurance companies to get promoted among their user base Marketing Strategy How do we convert free users to paid customers? • Sharing positive stories and testimonials from our users on social media or via email with our free users • Hooking free users with frequent discounts and coupons • Explaining benefits of the paid version via email • Optimizing our free user journey for Conversions. The better the conversion rate across the whole journey, the higher the number of the trial turned to paid customers 34
  • 35. Conversion rate Converts to paid user Activate free trial Signing up Downloading the app Website's download landing page Measure Conversion rate App's download landing page 3% Instagram ads 1.1% Facebook ads 8% In-app banner ads 9% Google play store ads 33% Apple app store ads 30.3% In-app video advertising 3.1% 100,000 leads enter our website from lead generating activities 6,000 leads install the app 2320 leads 630 potential customers Conversion rate=6% Conversion rate=42% Conversion rate=15% Conversion rate=25% 92 paid users 35
  • 36. Go-to-Market Strategy • Drivers dealing with ADHD are among the most desperate groups of customers for Driventive. • They are more prone to getting speeding tickets/tickets because of inattention to signs and traffic lights. • Hence, we'll try our best to onboard as many ADHDers as possible via advertising or partnering with NGOs and communities focused on attention disorders. • We try to get much attention in the media to build on the social aspect of our cause. 36
  • 37. The more we detect and remove sources of distraction, the safer the driving experience will become Removing distractions from the driving experience completely Our company needs to make money to survive and craft our offering. Converting one million drivers into paid customers • Recruiting top-tier developers, and AI-experts • Creating a great employer brand in the industry Being technologically advanced is our main competitive advantage. Hence, we should build on this competency as much as we can Becoming a technological powerhouse • Investing $350 K into advertising in the first year alone • Executing customer studies and market research constantly • Improving conversion rates across all the stages of the sales • Developing more use-cases for the technology • Introducing integrations with other applications • Having a disciplined pursuit of making the app more straightforward and improving the user experience OKRs 37
  • 38. Building the MVP Loyalty and discount system Adding emotion detection to our product Product Roadmap First 6-mo Usability Testing Constantly improving battery apps battery usage Adding more integrations and solutions for high distractedness Second 6-mo Third 6-mo Forth 6-mo Fifth 6-mo Sixth 6-mo More exciting features will be added to our product in the next few years. We believe that people recognize a good product and pay for it. 38
  • 39. Measure year 1 year 2 year 3 year 4 year 5 Number of paid customers 12000 36500 89800 174900 285040 Annual revenue 430560 1309620 3222024 6275412 10227235 Operational costs 418890 1132154 2572202 4502033 6333634 Gross profit 11670 177466 649822 1773379 3893601 Overhead costs 30,000 50,000 70,000 100,000 130,000 Net profit -18329.6 127465.6 579822 1673379 3763601 Financial Projection We reach the operational positive cash flow state by the end of the second year, and we hit the break-even point by the end of the third year 39
  • 40. Hamed Shams Mohsen Abedi Hamidreza Bistoni 40 Our Team