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Team members:
Daniele Caccavella
Sean Curran
Marcelo De Rada
Felipe Fagundes
Seth Hochhauser
Stephen Woods
Go enjoy the city, we’ll take your shopping bags to your hotel!
Interviews last 24 hours: 7
Total interviews: 110
● Customers: 84
● Stores: 16
● Hotels: 4
● Tour Groups: 6
January 16, 2015 - Final Presentation - Lean Launchpad
welcome to new york city!!!
We were initially brought together under a “Brilliant” Idea:
● Tourists are hampered by shopping bags which they must carry around New York City
● There are available services that provide same day delivery online, but none for physical
purchases
● Let’s create a same day delivery service of shopping bags from stores to hotels!
3:00 PM
7:00 PM5-6:00 PM
Tourists visited
New York City in 2013
Dollars spent by tourists
on shopping in New York
Average spending per
tourist
53.4 million
$8 billion
$1,700
1:00 Pm
Context
We are a courier service, aimed at helping tourists get out and enjoy the
city by removing the inconvenience of hauling around bags, saving time,
effort, and money. We provide affordable, reliable, and same-day
delivery of shoppers’ bags to their hotel unlike other services which
don’t cater to this market, are sporadic, or prohibitively expensive.
pow!!
30 Second Elevator Pitch
● Department stores
● Chain hotels
● Travel agencies
COST STRUCTURE REVENUE STRUCTURE
● Delivery
● Pickup
● Logistics
● Vehicle
● Garage
● Transaction
database
● Solving same day
delivery of
purchased goods in
physical locations
● Selling point for
stores to sell more
merchandise
● Convenient and
reliable service to
enhance shopping
experience
● Concierge
● Store managers
● Identify with
shoppers
CHANNELS
● Hotels
● Stores
● Online
Upper middle class tourists:
● Male and female
● Families
● International
● >75K income
● Labor
● Vehicle
○ Gas
○ Insurance
● Transactional model
KEY PARTNERS KEY ACTIVITIES VALUE PROPOSITION
CUSTOMER
RELATIONSHIPS
CUSTOMER
SEGMENTS
● General liability
● Database
● Advertising
Business Model Canvas: Day 1
KEY RESOURCES
What we did!
Got out of the building!
Interviewed as many
customer segments as
possible on 5th ave,
Soho, and Times Square
Performed competitive
market analysis
Interview Numbers:
26 Customers
6 Stores
4 Hotels
49 Total interviews to
date
Day 1: A day for understanding the industry landscape...
Key Findings:
Confirmed shopping with bags is a problem for tourists (and locals)
Refuted that higher-end tourists are early customers as they are already catered
Refuted that hotels are potential partners; Hotels do not think issue is big enough
5:00 PM
1:00 Pm 3:00 PM
YES!!!
YES!
Bagman? Bagman?
NO BAGS,
NO WORRIES!
Outside of the building!
Our customer!
The Customer
Family Local YUP Wealthy Young Female Young Couple
● Female
● Tourist
● International
● 18-35 years old
● Fashion-Conscious
● Strong social
network
● On trips with
“planned shopping”
Key Findings!
Refuted that department stores would be willing to partner with us
Refuted that Americans make up part of the initial customer segment (shipping, local prices, shorter
trips)
Confirmed females are most represented, and most receptive (78% positive)
Confirmed customer segment was receptive to drop-off kiosk
What we wanted to do!
Use interviews to...
1. Confirm our
Customer Segment
2. Confirm a channel
● Shopping tour
● Online
● Kiosk
Interview numbers:
38 Customers
10 Stores
6 Tour Operators
103 Total interviews
to date
Days 2-4: Validation of value proposition and customer segment while struggling with channels...
3:00 PM1:00 Pm
5:00 PM 5:20PM
HAVE FUN IN
THE CITY!
in 3 minutes...
Key Partners
Department stores,
Travel agencies,
Shopping tours (add-on service),
Chain hotels
Key Activities
Data Collection
Pickup
Delivery
Logistics
Security
Key Resources
Vehicle, Garage,
Kiosk (SoHo)
Transaction DB
Carts
Value Proposition
Solving same day delivery of purchased
goods in physical locations, Selling point for
stores to sell more merchandise, Provide
valuable information regarding customer
purchasing habits
Convenient and
reliable service to
enhance shopping
experience
Provide a service for
tourists to sightsee
and shop in the same
day without the
nuisance of carrying
shopping bags
Customer
Relationships
Travel Agents, Shopping Tours, Bus Tours
(initial reach to customers),Concierge ,
Storassociates
Get
-Human Billboarding
Keep
-Partnering with Stores
Grow
-Expansion (Paris, London)
Channels
Hotels
Stores
Dropoff Kiosk + dropoff carts
Online
Pickup via carts
Customer
Segments
Stores (Mid to high end stores)
Hotels, Tourists:, Shoppers:, Families,
30+, Data Analytic Firms
International
Female
Tourists
>75K income
18-35 years old
Fashion - conscious
Cost Structures
Vehicle, Gas, Advertising,
Labor Salaries for 5 couriers and 1 store manager
Insurance
Database
Revenue Structure
Transaction, Subscription
Data revenue model (customer purchasing habits to advertising companies)
Hybrid Transactional/Short-term subscription model (pay
per bag w/ step discount + day passes)
Business Model Canvas: Day 5 Verified Still Testing Refuted
Looking Forward...
To Be
Continued...
Time
BusinessValidation
Partner with
Business
Improvement
Groups (BIDS)
Physical
Locations (Kiosk)
Partnerships with
stores
Keep Strategy
● Tourists visit most
of the same store
● Key idea: Focus on
maintaining
partnerships with
stores rather than
retain individual
customer
Takeaways from the class
Main lessons from each day
● Do not pitch idea during customer discovery
● Take advice with a grain of salt
● Avoid confirmation bias during interviews
● Pivot towards the feasibility, and then work towards the dream
Day 1
Day 2
Day 3
Day 4
Evolution of a name
UPSDDRST
(Untapped Potential of Same Day
Delivery from Retail Stores for Tourists)
Noni
May I please
help you with
your bags?
Questions??
Day 1 Days 2 & 3 Day 4 Day 5

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Bagman Columbia 2015

  • 1. Team members: Daniele Caccavella Sean Curran Marcelo De Rada Felipe Fagundes Seth Hochhauser Stephen Woods Go enjoy the city, we’ll take your shopping bags to your hotel! Interviews last 24 hours: 7 Total interviews: 110 ● Customers: 84 ● Stores: 16 ● Hotels: 4 ● Tour Groups: 6 January 16, 2015 - Final Presentation - Lean Launchpad
  • 2. welcome to new york city!!! We were initially brought together under a “Brilliant” Idea: ● Tourists are hampered by shopping bags which they must carry around New York City ● There are available services that provide same day delivery online, but none for physical purchases ● Let’s create a same day delivery service of shopping bags from stores to hotels! 3:00 PM 7:00 PM5-6:00 PM Tourists visited New York City in 2013 Dollars spent by tourists on shopping in New York Average spending per tourist 53.4 million $8 billion $1,700 1:00 Pm Context
  • 3. We are a courier service, aimed at helping tourists get out and enjoy the city by removing the inconvenience of hauling around bags, saving time, effort, and money. We provide affordable, reliable, and same-day delivery of shoppers’ bags to their hotel unlike other services which don’t cater to this market, are sporadic, or prohibitively expensive. pow!! 30 Second Elevator Pitch
  • 4. ● Department stores ● Chain hotels ● Travel agencies COST STRUCTURE REVENUE STRUCTURE ● Delivery ● Pickup ● Logistics ● Vehicle ● Garage ● Transaction database ● Solving same day delivery of purchased goods in physical locations ● Selling point for stores to sell more merchandise ● Convenient and reliable service to enhance shopping experience ● Concierge ● Store managers ● Identify with shoppers CHANNELS ● Hotels ● Stores ● Online Upper middle class tourists: ● Male and female ● Families ● International ● >75K income ● Labor ● Vehicle ○ Gas ○ Insurance ● Transactional model KEY PARTNERS KEY ACTIVITIES VALUE PROPOSITION CUSTOMER RELATIONSHIPS CUSTOMER SEGMENTS ● General liability ● Database ● Advertising Business Model Canvas: Day 1 KEY RESOURCES
  • 5. What we did! Got out of the building! Interviewed as many customer segments as possible on 5th ave, Soho, and Times Square Performed competitive market analysis Interview Numbers: 26 Customers 6 Stores 4 Hotels 49 Total interviews to date Day 1: A day for understanding the industry landscape... Key Findings: Confirmed shopping with bags is a problem for tourists (and locals) Refuted that higher-end tourists are early customers as they are already catered Refuted that hotels are potential partners; Hotels do not think issue is big enough 5:00 PM 1:00 Pm 3:00 PM YES!!! YES! Bagman? Bagman? NO BAGS, NO WORRIES!
  • 6. Outside of the building!
  • 7. Our customer! The Customer Family Local YUP Wealthy Young Female Young Couple ● Female ● Tourist ● International ● 18-35 years old ● Fashion-Conscious ● Strong social network ● On trips with “planned shopping”
  • 8. Key Findings! Refuted that department stores would be willing to partner with us Refuted that Americans make up part of the initial customer segment (shipping, local prices, shorter trips) Confirmed females are most represented, and most receptive (78% positive) Confirmed customer segment was receptive to drop-off kiosk What we wanted to do! Use interviews to... 1. Confirm our Customer Segment 2. Confirm a channel ● Shopping tour ● Online ● Kiosk Interview numbers: 38 Customers 10 Stores 6 Tour Operators 103 Total interviews to date Days 2-4: Validation of value proposition and customer segment while struggling with channels... 3:00 PM1:00 Pm 5:00 PM 5:20PM HAVE FUN IN THE CITY! in 3 minutes...
  • 9. Key Partners Department stores, Travel agencies, Shopping tours (add-on service), Chain hotels Key Activities Data Collection Pickup Delivery Logistics Security Key Resources Vehicle, Garage, Kiosk (SoHo) Transaction DB Carts Value Proposition Solving same day delivery of purchased goods in physical locations, Selling point for stores to sell more merchandise, Provide valuable information regarding customer purchasing habits Convenient and reliable service to enhance shopping experience Provide a service for tourists to sightsee and shop in the same day without the nuisance of carrying shopping bags Customer Relationships Travel Agents, Shopping Tours, Bus Tours (initial reach to customers),Concierge , Storassociates Get -Human Billboarding Keep -Partnering with Stores Grow -Expansion (Paris, London) Channels Hotels Stores Dropoff Kiosk + dropoff carts Online Pickup via carts Customer Segments Stores (Mid to high end stores) Hotels, Tourists:, Shoppers:, Families, 30+, Data Analytic Firms International Female Tourists >75K income 18-35 years old Fashion - conscious Cost Structures Vehicle, Gas, Advertising, Labor Salaries for 5 couriers and 1 store manager Insurance Database Revenue Structure Transaction, Subscription Data revenue model (customer purchasing habits to advertising companies) Hybrid Transactional/Short-term subscription model (pay per bag w/ step discount + day passes) Business Model Canvas: Day 5 Verified Still Testing Refuted
  • 10. Looking Forward... To Be Continued... Time BusinessValidation Partner with Business Improvement Groups (BIDS) Physical Locations (Kiosk) Partnerships with stores Keep Strategy ● Tourists visit most of the same store ● Key idea: Focus on maintaining partnerships with stores rather than retain individual customer
  • 11. Takeaways from the class Main lessons from each day ● Do not pitch idea during customer discovery ● Take advice with a grain of salt ● Avoid confirmation bias during interviews ● Pivot towards the feasibility, and then work towards the dream Day 1 Day 2 Day 3 Day 4
  • 12. Evolution of a name UPSDDRST (Untapped Potential of Same Day Delivery from Retail Stores for Tourists) Noni May I please help you with your bags? Questions?? Day 1 Days 2 & 3 Day 4 Day 5