Hostelbench Market Opportunity and Product Overview
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Hostels - Do you suffer from any of the following? - Blind pricing - A lack of market data - An inability to compare performace
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Hostelbench Market Opportunity and Product Overview
- 1. Fergal Mc Carthy|Luke Bourke|Kieran McCarthy
- 4. Pain Blind Pricing Limited Market data Performance Human Resources
- 5. Pain relief Price visualisation Market Reports Future Performance Innovative interface
- 6. Business Overview • What advantages do we have? – Innovative Interface: any hostel, anywhere… – We’ve tried this at home
- 7. Team
- 9. Product/Service • Name: hostelbench • Screen captures • Demo
- 10. What a bad day looks like….
- 11. What good looks like… • Name: hostelbench • Screen captures • Demo
- 12. What great looks like… • Name: hostelbench • Screen captures • Demo
- 13. RevPAB: Nirvana to nightmare • Name: hostelbench • Screen captures • Demo
- 14. Contribution by Bed Type…patterns emerge • Name: hostelbench • Screen captures • Demo
- 15. Business Model
- 16. Go to market strategy TRIAL AND TEST
- 17. Routes to market
- 18. Pre-registration
- 19. Competition • How are we different?
- 20. Meet HostelWorld – New office @ Beta product ready Complimentary Nexus in UL Product AUG `11 OCT `11 DEC `11 FEB `12 APR `12 MAY `12 Venture begins Present @ WHC Luke on-board Vancouver full time Initial Market Validation & Opportunity Research
- 21. Hostelbench.com make an informed decision
Editor's Notes
- Hook grabber – David Rose – TED ON pitching to VCs
- A call from the hostel industry expressing the following…..
- Common complaints from hostel owners and operators everywhere
- Problems solved
- We’ve tried this at home……yes, we have already provided a performance-based benchmarking service for hotels in Ireland over the past 2.5years
- Cool hand Luke – takes care of all things technical
- Economic impact Can you quantify the opportunity
- Visual representations
- Visual representations
- Visual representations
- Visual representations
- Visual representations
- Visual representations
- Membership Business Intelligence – market reports
- How, not the financials
- How, not the financials
- Pre-registrations from 17countries and counting……
- Designed specifically for hostels No manual entry – interface that updates on a daily basis Independent – very important: no vested interest