SlideShare a Scribd company logo
1 of 18
Favory
Miki
Kori
Enrique
Gus
Observations
Registered
Ages
Customer segments
- Millenials
- Internationals
What are they doing
now to solve their
problems?
Favors
stated in
Survey
Identified Problems
- Money
- Baby sitting
- House work
- Cooking
- Car
- Walk the dog
When would you ask a
stranger for a favor?
And here comes...
Favory
Product Idea as a Sketch
What are the main
roles?
Creator
s
Good interface
Moderation
Updates
People that
exchange favorsUsers
What value do we create?
The possibility to exchange favors, learn from others,
build a reputation in what you´r good at, get to know
new people and on top of that make money.
Blue ocean
This strategy try to achieve the follows objectives:
- Create and capture new demand
- Create uncontested market space and make the competition irr
- Break the value-cost trade off
-Simultaneous pursuit strategy of differentiation and low cost
Strategy Canvas
0
25
50
75
100
125
Price Socialize Learn Resolve a problem
Favory Competitors
Four Actions Framework- Favory
Create
Eliminate Raise
Reduce
- Searching different budgets
- All the bureaucratic process
- Price
- Knowledge
- List of contacts
- Meeting new people
- Learn a new knowledge
- An network of favor exchange
Favory

More Related Content

Viewers also liked

스타트업코리아 라운드테이블- [naver d2 startup factory] d2-sf_brief_startup korea rt
스타트업코리아 라운드테이블- [naver d2 startup factory] d2-sf_brief_startup korea rt스타트업코리아 라운드테이블- [naver d2 startup factory] d2-sf_brief_startup korea rt
스타트업코리아 라운드테이블- [naver d2 startup factory] d2-sf_brief_startup korea rt
D.CAMP
 
Community-Benefit-Reports-2015
Community-Benefit-Reports-2015Community-Benefit-Reports-2015
Community-Benefit-Reports-2015
Michelle An
 

Viewers also liked (7)

Binary VR for D.PARTY_032416_jungwoon_park
Binary VR for D.PARTY_032416_jungwoon_parkBinary VR for D.PARTY_032416_jungwoon_park
Binary VR for D.PARTY_032416_jungwoon_park
 
[분석]텔레마틱스를 이용한 자동차 운전자 프로필 생성
[분석]텔레마틱스를 이용한 자동차 운전자 프로필 생성[분석]텔레마틱스를 이용한 자동차 운전자 프로필 생성
[분석]텔레마틱스를 이용한 자동차 운전자 프로필 생성
 
스타트업코리아 라운드테이블- [naver d2 startup factory] d2-sf_brief_startup korea rt
스타트업코리아 라운드테이블- [naver d2 startup factory] d2-sf_brief_startup korea rt스타트업코리아 라운드테이블- [naver d2 startup factory] d2-sf_brief_startup korea rt
스타트업코리아 라운드테이블- [naver d2 startup factory] d2-sf_brief_startup korea rt
 
Basic Photography Workshop Presentation
Basic Photography Workshop PresentationBasic Photography Workshop Presentation
Basic Photography Workshop Presentation
 
Community-Benefit-Reports-2015
Community-Benefit-Reports-2015Community-Benefit-Reports-2015
Community-Benefit-Reports-2015
 
Entrepreneur 3: Marketing Plan, Strategies, Distribution and Channels
Entrepreneur 3: Marketing Plan, Strategies, Distribution and ChannelsEntrepreneur 3: Marketing Plan, Strategies, Distribution and Channels
Entrepreneur 3: Marketing Plan, Strategies, Distribution and Channels
 
Storage Area Networking: SAN Technology Update & Best Practice Deep Dive for ...
Storage Area Networking: SAN Technology Update & Best Practice Deep Dive for ...Storage Area Networking: SAN Technology Update & Best Practice Deep Dive for ...
Storage Area Networking: SAN Technology Update & Best Practice Deep Dive for ...
 

Similar to Favory

Bringing strength to social enterprise final
Bringing strength to social enterprise   finalBringing strength to social enterprise   final
Bringing strength to social enterprise final
JodieMitch3ll
 
Amy Kaslar - AREC14
Amy Kaslar - AREC14Amy Kaslar - AREC14
Amy Kaslar - AREC14
Tom Panos
 

Similar to Favory (20)

APS1015 Class 7: Considerations for Social Enterprise
APS1015 Class 7: Considerations for Social EnterpriseAPS1015 Class 7: Considerations for Social Enterprise
APS1015 Class 7: Considerations for Social Enterprise
 
Finders Keepers Market Research training
Finders Keepers Market Research trainingFinders Keepers Market Research training
Finders Keepers Market Research training
 
Bringing strength to social enterprise final
Bringing strength to social enterprise   finalBringing strength to social enterprise   final
Bringing strength to social enterprise final
 
Bringing strength to social enterprise final
Bringing strength to social enterprise   finalBringing strength to social enterprise   final
Bringing strength to social enterprise final
 
Mitwoch
MitwochMitwoch
Mitwoch
 
Closing the Gab between Blue Ocean Strategy and Execution by W.Chan Kim and R...
Closing the Gab between Blue Ocean Strategy and Execution by W.Chan Kim and R...Closing the Gab between Blue Ocean Strategy and Execution by W.Chan Kim and R...
Closing the Gab between Blue Ocean Strategy and Execution by W.Chan Kim and R...
 
Join me (tm) -Not Proofread- 2009
Join me (tm) -Not Proofread- 2009Join me (tm) -Not Proofread- 2009
Join me (tm) -Not Proofread- 2009
 
EIA2017Italy - Nick De Mey - How to Make Money with My App
EIA2017Italy - Nick De Mey - How to Make Money with My AppEIA2017Italy - Nick De Mey - How to Make Money with My App
EIA2017Italy - Nick De Mey - How to Make Money with My App
 
Marketing and management
Marketing and managementMarketing and management
Marketing and management
 
Amy Kaslar - AREC14
Amy Kaslar - AREC14Amy Kaslar - AREC14
Amy Kaslar - AREC14
 
Marketing, Get Real! No More Bullshits
Marketing, Get Real! No More BullshitsMarketing, Get Real! No More Bullshits
Marketing, Get Real! No More Bullshits
 
Social Enterprise How to Drive Sustainable Vision and Innovation into the Mar...
Social Enterprise How to Drive Sustainable Vision and Innovation into the Mar...Social Enterprise How to Drive Sustainable Vision and Innovation into the Mar...
Social Enterprise How to Drive Sustainable Vision and Innovation into the Mar...
 
Market research for artists
Market research for artistsMarket research for artists
Market research for artists
 
Ppc 101 class 1.2
Ppc 101   class 1.2Ppc 101   class 1.2
Ppc 101 class 1.2
 
Lloyds tsb 5th april 2011
Lloyds tsb 5th april 2011Lloyds tsb 5th april 2011
Lloyds tsb 5th april 2011
 
Lloyds tsb - The Complete Marketing Action Plan
Lloyds tsb - The Complete Marketing Action PlanLloyds tsb - The Complete Marketing Action Plan
Lloyds tsb - The Complete Marketing Action Plan
 
Turning Good Ideas into Great Products
Turning Good Ideas into Great ProductsTurning Good Ideas into Great Products
Turning Good Ideas into Great Products
 
Pitch workshop
Pitch workshopPitch workshop
Pitch workshop
 
Bmc global info slides, 2019
Bmc global info slides, 2019Bmc global info slides, 2019
Bmc global info slides, 2019
 
Monkey Nutshell Marketing - for UnLtd
Monkey Nutshell Marketing - for UnLtdMonkey Nutshell Marketing - for UnLtd
Monkey Nutshell Marketing - for UnLtd
 

Recently uploaded

unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Abortion pills in Kuwait Cytotec pills in Kuwait
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
dlhescort
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
dlhescort
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
daisycvs
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
amitlee9823
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
dollysharma2066
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
Matteo Carbone
 

Recently uploaded (20)

Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
 
It will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 MayIt will be International Nurses' Day on 12 May
It will be International Nurses' Day on 12 May
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
 
Business Model Canvas (BMC)- A new venture concept
Business Model Canvas (BMC)-  A new venture conceptBusiness Model Canvas (BMC)-  A new venture concept
Business Model Canvas (BMC)- A new venture concept
 
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
 
Organizational Transformation Lead with Culture
Organizational Transformation Lead with CultureOrganizational Transformation Lead with Culture
Organizational Transformation Lead with Culture
 
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
Call Girls Service In Old Town Dubai ((0551707352)) Old Town Dubai Call Girl ...
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
Nelamangala Call Girls: 🍓 7737669865 🍓 High Profile Model Escorts | Bangalore...
 
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort ServiceEluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
Eluru Call Girls Service ☎ ️93326-06886 ❤️‍🔥 Enjoy 24/7 Escort Service
 
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Mahipalpur Delhi Contact Us 8377877756
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 

Favory