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Opportunity execution project
            Team Start-Up
Opportunity execution
project
Team Start-Up @venture-lab
Technology Entrepreneurship (Fall 2012 Course)
Assistant Professor Chuck Eesley, Management Science & Engineering,
Stanford University
Freebirds :
Solo Tourism Together!
Index:
1. Startup Idea
2. Market
3. Business Model
4. Marketing Strategy
3. The Prototype
1.Startup Idea
Have you ever traveled alone before?
In case we can find someone with same interest and same day-off
with you, would you consider yourself to go traveling with them?
"Freebirds" is about a community,
who "accidentally" traveling to the
same destination and same time, so
why don't we arrange a traveling
together with our new friend from all
around the world with different
culture ?
How it is work:
- Anyone can register and make a profile in order to start a group.
- A member can open a group, pickup a location and time.
- Then, other members can register in the group and start planning.
- The web provide a feature of making a schedule, change it, add
reservations, and so on.


- People can evaluate their trip and share their photos and
recommendations.
- The web provide a list of activities and interest in each city.
- The web provide a search engine for hotels, cars, activities tickets…etc
2. Market
   Potential market:
   1. Asia
   2. Europe
   3. North America



               Couchsurfers by country                             Couchsurfers by city

According to Internet Users and more information on other sites in service like us. Interesting
example is Couchsurfing Couchsurfing.org – The world's largest travel community. Asia, Europe
and America are also Potential market.
Market Size Analysis
USERS Number of Users                              Industry Figures
CouchSurfing (couchsurfing.org)          TravBuddy (travbuddy.com)
Over 3.6 million registered profiles*      Over 419,188 travelers**
      Monthly Visitors   570,000***        Monthly Visitors   130,000***
         United States 12.3%                India 19.3%
         France7.3%                         United States 14.8%
         Germany6.3%.....***                United Kingdom 6%......***




 Info : 2012
*wikipedia ** travbuddy ***findthebest
Market Size Analysis
  Estimating         Number of Users in this section :   Industry Figures
  CouchSurfing (couchsurfing.org)
  3,600,000***                    Old Users       New Users
  TravBuddy (travbuddy.com)       >5,000,000     >1,000,000
  419,188**                           Estimating (in this section )
  Hospitality Club (hospitalityclub.org)      > 6,000,000
  647,000*                                    Estimating our Users
  Tripping (tripping.com) bewelcome.org       > 300,000
  other websites
 Info : 2012
*wikipedia ** travbuddy ***findthebest
3. Business Model
                           Value Propositions
   Social Networking Site , Users can meet new people
 who "accidentally" traveling to the same destination and
same time. Easy communication & planning, good offers,
free place to create travel group. People can evaluate their
trip and share their photos and recommendations.
- Provide a feature of making a schedule, change it, add reservations, and so on.
- Provide a list of activities and interest in each city.
- Provide a search engine for hotels, cars, activities tickets…etc
3. Business Model
 Customer Segments             Customer Relationships
- Single 20s professionals     - e-Newsletter
- Old people who want to see   - Event & Sponsor
the world                      - Consultation
- College students groups      - Contact: Form, email
- Couples .                    - Social network
3. Business Model
         Channels                 Revenue Streams
- Website                     - Advertising & Sponsoring
- Mobile Apps                 - Google Ads, Admob Ads
- Facebook App, Google Ads,   -% per each reservation
App Store                     through the web
                              - Sales
                   Cost Structure
        - Web design, development and update
        - Hosting, Technical Resource Costs
        - Marketing
        - Staff & Organize
3. Business Model
      Key Activities              Key Resources
- Web Design and            - Strong relationships with
Development                 services providers
- Creating Mobile apps      - Marketing (Online market,
- Marketing and Promoting   Social Networks)
- Creating Networking       - Software development
Partnership                 - Commitment (contracts)
-Getting sponsors           - Friendly using website
                            - Huge date of attractions
                            and services
                            - Team
3. Business Model
          Key Partnership
- National Tourism Organization
  National Tourism Development Authority
- Hotels, Hostels
- Flying companies, Car rental
- Tourism Attractions
- Tourism blogs, Web Sites, Forum
- Travelling insurance companies.
- Organizers( Festival, Concert, Sport)
- Journalists, Popular bloggers
4. Marketing strategy
Seasonality strategies

- Advertising and Promoting in the Right Season And
Destination for our customers’ travel
- Creating Events & Sponsoring the Interesting Activities
in the Right Season
- Provide a list of activities in the Seasons
- Provide a list of the Seasonal Travel destinations
- Seasonal Travel News & Updates
- Special gifts in Seasons and Festivals
4. Marketing strategy
Advertising strategies
- Advertising campaign on internet... Social Networking
Sites, Tourism blogs, Web Sites, Forums
- Radio Advertising Campaign
- Creative Billboard Advertising Campaigns
at Festival,Concert place.
National, Regional and Local Marketing Strategies
& Target market strategies
- Release advertising particularly focus on only potential
Customer in Target Market Segmentation, Potential
market.
Survey & Interview with potential customers
Survey & Interviews
                                                                         -20 customers
To summarize our survey                                                  - In Asia, Europe and
                                                                         America.
More than half people can't find relatives or friends with same day-     - focus only on high
                                                                         potential customers
off and some people said that friends doesn't interested in my           Who can travel around
tourism destination . Almost all people don’t want to travel alone and   his/her country,
want to go traveling together with someone with same interest and        continent or the world
same day-off . Therefore, it is an opportunity, benefit from it for
“Solo Tourism Together”.
                                                                         -14 customers
To summarize our Interviews                                              -In Asia, Europe
                                                                         - focus only on high
-All people think that it is a good idea and Almost all people want to   potential customers
                                                                         Who can travel around
use this website. But, some people think we need to raise a concern      his/her country,
about the security or safety.                                            continent or the world
- And then we tell them about identity verification features and the
verified member so they think that it will make customer believe in
our security policy.
- Almost all people want to be verified member
Marketing page, tests
Marketing experiments
-Our campaign on facebook page
-Our lauchrock page to get
customers to try out sign up with
an email address.

And then we share the links on
social networking websites.
Marketing page, tests




Marketing experiments (facebook page)
2. Marketing page, tests




marketing experiments (lauchrock page )
5. The Prototype




             Home page :Before login
5. The Prototype




              Home page :Before login
Join Now :
Sign in with facebook
or Sign Up
signed in :
Dashboard
Thank you.




Team Start-Up @venture-lab
Stanford University

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Freebirds Opportunity execution project

  • 2. Opportunity execution project Team Start-Up @venture-lab Technology Entrepreneurship (Fall 2012 Course) Assistant Professor Chuck Eesley, Management Science & Engineering, Stanford University
  • 3. Freebirds : Solo Tourism Together! Index: 1. Startup Idea 2. Market 3. Business Model 4. Marketing Strategy 3. The Prototype
  • 4. 1.Startup Idea Have you ever traveled alone before? In case we can find someone with same interest and same day-off with you, would you consider yourself to go traveling with them? "Freebirds" is about a community, who "accidentally" traveling to the same destination and same time, so why don't we arrange a traveling together with our new friend from all around the world with different culture ?
  • 5. How it is work: - Anyone can register and make a profile in order to start a group. - A member can open a group, pickup a location and time. - Then, other members can register in the group and start planning. - The web provide a feature of making a schedule, change it, add reservations, and so on. - People can evaluate their trip and share their photos and recommendations. - The web provide a list of activities and interest in each city. - The web provide a search engine for hotels, cars, activities tickets…etc
  • 6. 2. Market Potential market: 1. Asia 2. Europe 3. North America Couchsurfers by country Couchsurfers by city According to Internet Users and more information on other sites in service like us. Interesting example is Couchsurfing Couchsurfing.org – The world's largest travel community. Asia, Europe and America are also Potential market.
  • 7. Market Size Analysis USERS Number of Users Industry Figures CouchSurfing (couchsurfing.org) TravBuddy (travbuddy.com) Over 3.6 million registered profiles* Over 419,188 travelers** Monthly Visitors 570,000*** Monthly Visitors 130,000*** United States 12.3% India 19.3% France7.3% United States 14.8% Germany6.3%.....*** United Kingdom 6%......*** Info : 2012 *wikipedia ** travbuddy ***findthebest
  • 8. Market Size Analysis Estimating Number of Users in this section : Industry Figures CouchSurfing (couchsurfing.org) 3,600,000*** Old Users New Users TravBuddy (travbuddy.com) >5,000,000 >1,000,000 419,188** Estimating (in this section ) Hospitality Club (hospitalityclub.org) > 6,000,000 647,000* Estimating our Users Tripping (tripping.com) bewelcome.org > 300,000 other websites Info : 2012 *wikipedia ** travbuddy ***findthebest
  • 9. 3. Business Model Value Propositions Social Networking Site , Users can meet new people who "accidentally" traveling to the same destination and same time. Easy communication & planning, good offers, free place to create travel group. People can evaluate their trip and share their photos and recommendations. - Provide a feature of making a schedule, change it, add reservations, and so on. - Provide a list of activities and interest in each city. - Provide a search engine for hotels, cars, activities tickets…etc
  • 10. 3. Business Model Customer Segments Customer Relationships - Single 20s professionals - e-Newsletter - Old people who want to see - Event & Sponsor the world - Consultation - College students groups - Contact: Form, email - Couples . - Social network
  • 11. 3. Business Model Channels Revenue Streams - Website - Advertising & Sponsoring - Mobile Apps - Google Ads, Admob Ads - Facebook App, Google Ads, -% per each reservation App Store through the web - Sales Cost Structure - Web design, development and update - Hosting, Technical Resource Costs - Marketing - Staff & Organize
  • 12. 3. Business Model Key Activities Key Resources - Web Design and - Strong relationships with Development services providers - Creating Mobile apps - Marketing (Online market, - Marketing and Promoting Social Networks) - Creating Networking - Software development Partnership - Commitment (contracts) -Getting sponsors - Friendly using website - Huge date of attractions and services - Team
  • 13. 3. Business Model Key Partnership - National Tourism Organization National Tourism Development Authority - Hotels, Hostels - Flying companies, Car rental - Tourism Attractions - Tourism blogs, Web Sites, Forum - Travelling insurance companies. - Organizers( Festival, Concert, Sport) - Journalists, Popular bloggers
  • 14. 4. Marketing strategy Seasonality strategies - Advertising and Promoting in the Right Season And Destination for our customers’ travel - Creating Events & Sponsoring the Interesting Activities in the Right Season - Provide a list of activities in the Seasons - Provide a list of the Seasonal Travel destinations - Seasonal Travel News & Updates - Special gifts in Seasons and Festivals
  • 15. 4. Marketing strategy Advertising strategies - Advertising campaign on internet... Social Networking Sites, Tourism blogs, Web Sites, Forums - Radio Advertising Campaign - Creative Billboard Advertising Campaigns at Festival,Concert place. National, Regional and Local Marketing Strategies & Target market strategies - Release advertising particularly focus on only potential Customer in Target Market Segmentation, Potential market.
  • 16. Survey & Interview with potential customers
  • 17. Survey & Interviews -20 customers To summarize our survey - In Asia, Europe and America. More than half people can't find relatives or friends with same day- - focus only on high potential customers off and some people said that friends doesn't interested in my Who can travel around tourism destination . Almost all people don’t want to travel alone and his/her country, want to go traveling together with someone with same interest and continent or the world same day-off . Therefore, it is an opportunity, benefit from it for “Solo Tourism Together”. -14 customers To summarize our Interviews -In Asia, Europe - focus only on high -All people think that it is a good idea and Almost all people want to potential customers Who can travel around use this website. But, some people think we need to raise a concern his/her country, about the security or safety. continent or the world - And then we tell them about identity verification features and the verified member so they think that it will make customer believe in our security policy. - Almost all people want to be verified member
  • 18. Marketing page, tests Marketing experiments -Our campaign on facebook page -Our lauchrock page to get customers to try out sign up with an email address. And then we share the links on social networking websites.
  • 19. Marketing page, tests Marketing experiments (facebook page)
  • 20. 2. Marketing page, tests marketing experiments (lauchrock page )
  • 21. 5. The Prototype Home page :Before login
  • 22. 5. The Prototype Home page :Before login
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  • 25. Thank you. Team Start-Up @venture-lab Stanford University