The document describes a proposed online platform that would connect homeowners with contractors for renovation projects. Homeowners would list their renovation projects along with details like budget and measurements, and request quotes from contractors. Contractors would be able to view project requests, submit bids, and use integrated tools for scheduling, progress reporting, and invoicing. The platform aims to streamline the process of finding contractors and getting quotes for renovation work.

1. Will-power Consulting - William Lee
2016-03-05

2.  Like ebay, it’s a listing platform connecting
Home owners and Contractors
 Difference = Home owners list their Reno
projects and Request for Quote
 Web service and Mobile app

3.  Frustrating and time-consuming experience
to find contractors for renovations
◦ “Shooting in the dark” to look up contractors
◦ Repeat calls to many contractors and layout their
project needs
◦ Ask for quote and schedule

4.  Includes Calculator, Estimator for basic job
types
 User enter details like
◦ Budget
◦ Photos
◦ Measurements
 Post Request for Quote / Bid
◦ Material
◦ Schedule

5. Listings

6.  One stop tool to replace Modeler app,
estimator, directory, etc
 No existing app to post reno project and
request suitable contractors
 Price shop to find lowest bidder
 View contractor rating and reviews

7.  Build online profile
 Search directly for customers
 Get notified of new customer projects
 “Bid” for project RFQs
 Integrated Tool Suite
◦ Scheduler
◦ Progress Reporting
◦ Invoicing / Payment tool
New
New
Advanced
New

8. Mobile App
*Image source from zillow.com

9.  No existing app to search for customers and
projects
 Instant customer lead generation
 Super easy to “Bid” for projects
 Save time with integrated tools

10.  Home renovation spending (2015)
◦ Future localized expansion to Asia, Europe,
other markets
1. Canada Spending - Statistics Canada / Scotia Bank
2. USA spending - Harvard’s JCHS
Canada
53 billion
World
? ?U.S.A
320 billion

11.  Monetization options
◦ Fee per contractor bid
◦ Ads by contractors, suppliers, services
◦ Transaction fee
 ie. 3% of project cost
 With 10% market share, annual revenue up to $1.1 billion!
◦ Contractors pay for advanced features
(membership or paid app)

12.  Craigslist – no Price quote,
no reviews, no added tools,
spam listings
 Yelp – no project posting,
no focus on contractors, no
Price quote
 Various apps – Joist
(Estimating and Invoicing),
and.co (Scheduler,
Invoicing), iHandy app,
AutoDesk Homestyler

13.  An online “connecting” tool
 As a marketplace platform to connect
customers with service providers
 Easily retooled for other kinds of service. Ie.
◦ Connect Contractors to suppliers
◦ Residential / Commercial construction
◦ Home maintenance