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Arranging a dining out with friends within 3 Steps
Team Haxz
IXD-Creative Founder
CEO
Shicheng Huo Ronald Alunan
CMO
Xinyao Xu
CTO
Wen Zeng
CFO
Who Are We
HAXZIXD Creative Founder F2019
Team Haxz
1
HAXZIXD Creative Founder F2019
2
๏ผŸ
3
HAXZIXD Creative Founder F2019
4
Hi, Ted! I ask Eva to join us!
Hey, guys! Howโ€™s going?
Hi, I am Eva! When will we meet?
Where should we go?
We need to choose a restaurant now!
Whatโ€™s the highlight dishes
for that restaurant?
Then what about Sunday night?
Wait! Why Tom is not talking?
Where is Tom???
HAXZIXD Creative Founder F2019
5
99+
HAXZIXD Creative Founder F2019
6
Who did we talk to?
48
Target Users
People who dining out
at lease 3 times a week
3 Restaurant Owners
HAXZIXD Creative Founder F2019
7
Problem
Have a slow process on arranging dining
out because of long negotiation time.
99+
HAXZIXD Creative Founder F2019
8
Why Slow
HAXZIXD Creative Founder F2019
9
1. People need to message back
and forth different friends at
every stages when arranging
dining out plans.
1. People need to message back
and forth different friends at
every stages when arranging
dining out plans.
HAXZIXD Creative Founder F2019
2. It takes time for people to
gather the key information
they want.
Why Slow
10
By using FOOZI, users can dine out with
friends without a long negotiation process.ย 
Value Proposition
User
HAXZIXD Creative Founder F2019
11
SOLUTION
An App can help users arranging dining out with friends within 3 steps
HAXZIXD Creative Founder F2019
12
Better Restaurant Finding Experience
Step 1
Waterfall browsing gives you better visibility of more restaurants
Explore new restaurants every time you refresh.
Find a Restaurant
HAXZIXD Creative Founder F2019
13
Precise Information help Decision Making
Busy hours, highlight dishes, Current wait time, rating, etc. โ€จ
All the information you want to know is on the same page.
Ef๏ฌcient Plan
Step 2 Create and send invitation
HAXZIXD Creative Founder F2019
14
Select people from existing contacts and you are ready to go.
The invitations will directly go to all the invitees on your list
through SMS with only one click.
Noti๏ฌcation when status updated
No need to worry about tons of messages you need
to go back and forth. Foozi will send you noti๏ฌcations
when your friends make a decision.
Step 3 Check Responses
FOOZI
Bill ACCEPT your invitaion
!
10m ago
FOOZI
Alex ACCEPT your invitaion
!
40m ago
FOOZI
Chris ACCEPT your invitaion
!
1h ago
HAXZIXD Creative Founder F2019
15
*Invitees are not required to sign up to make decisions.
Noti๏ฌcation when status updated
No need to worry about tons of messages you need
to go back and forth. Foozi will send you noti๏ฌcations
when your friends make a decision.
Step 3 Check Responses
HAXZIXD Creative Founder F2019
16
*Invitees are not required to sign up to make decisions.
My Invitations
Delarosa
Invitation 1
Upcoming Event Past Event
350 Misson St, San Francisco
2019/12/14 11:00AM BillAlex Chris
Homepage My invitations Subscribtions Settings
Why are we building Foozi?
Bankrateโ€™s ๏ฌnancial vices survey & Census Reporter
HAXZIXD Creative Founder F2019
17
38% of American dine out
at least 3 times a week
Bankrateโ€™s ๏ฌnancial vices survey & Census Reporter
HAXZIXD Creative Founder F2019
Our Users
18
HAXZIXD Creative Founder F2019
36.5%
Millennials use
technology to make
dinner decision
Our Users
19
Bankrateโ€™s ๏ฌnancial vices survey & Census Reporter
Our Users Frequency of US Internet Users Using Technology โ€จ
to Make Dinner Decision When Eating out.
โ€œFrequency with which US Internet Users Use Technology to Help Make Dinner Decision When Eating out, by age, Oct 2017โ€ By EMarketer.
0
10
20
30
40
Age 19-27 Age 28-37 Age 38-53 Age 54-71
35%
38%
19%
8%
%
%
%
%
% of โ€จ
respondents
HAXZIXD Creative Founder F2019
20
HAXZIXD Creative Founder F2019
21Target User
SOM
Serviceable
Obtainable Market
408,471
Millennials who dine out 3x a
week and use technology to
decide dining out in Bay Area
SAM
8,667,165
Millennials who dine
out 3x a week and use
technology to decide
dining out in 8 states
TAM
Total Accessible Market
277,349,280
Millennials who dine out
3x a week and use
technology to decide
dining out in 32 countries
SAM
Serviceable Obtainable Market
HAXZIXD Creative Founder F2019
22Target User
SOM
408,471
Millennials who dine out 3x a
week and use technology to
decide dining out in Bay Area
SAM
8,667,165
Millennials who dine
out 3x a week and use
technology to decide
dining out in 8 states
TAM
Total Accessible Market
277,349,280
Millennials who dine out
3x a week and use
technology to decide
dining out in 32 countries
SAM
8,667,165
Millennials who dine
out 3x a week and use
technology to decide
dining out in 8 states
Serviceable
Obtainable Market Serviceable Obtainable Market
HAXZIXD Creative Founder F2019
23Target User
SOM
408,471
Millennials who dine out 3x a
week and use technology to
decide dining out in Bay Area
TAM
SAM
8,667,165
Millennials who dine
out 3x a week and use
technology to decide
dining out in 8 states
TAM
Total Accessible Market
277,349,280
Millennials who dine out
3x a week and use
technology to decide
dining out in 32 countries
Serviceable
Obtainable Market Serviceable Obtainable Market
How do we ๏ฌt in?
Existing Market
HAXZIXD Creative Founder F2019
24
INSPIRATIONAL BROWSING
TASK SPECIFIC SEARCH
INDIVIDUAL NEEDS
COMMUNAL NEEDS
CTA(CALL TO ACTION)
HAXZIXD Creative Founder F2019
Company Position
25
HAXZIXD Creative Founder F2019
27
INSPIRATIONAL BROWSING
TASK SPECIFIC SEARCH
COMMUNALโ€จ
NEEDS
INDIVIDUALโ€จ
NEEDS
HAXZIXD Creative Founder F2019
27
INSPIRATIONAL BROWSING
TASK SPECIFIC SEARCH
COMMUNALโ€จ
NEEDS
INDIVIDUALโ€จ
NEEDS
Why We are Unique๏ผŸ
INSPIRATIONAL SEARCHING
RANDOMIZED RESULTS BASED โ€จ
HISTORY SEARCH PATTERN
HAXZIXD Creative Founder F2019
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INSPIRATIONAL BROWSING
TASK SPECIFIC SEARCH
COMMUNALโ€จ
NEEDS
INDIVIDUALโ€จ
NEEDS
Why We are Unique๏ผŸ
SIMPLIFIED PLANNING
MAKES A LONG PROCESS
EFFICIENT
HAXZIXD Creative Founder F2019
30
INSPIRATIONAL BROWSING
TASK SPECIFIC SEARCH
COMMUNALโ€จ
NEEDS
INDIVIDUALโ€จ
NEEDS
Why We are Unique๏ผŸ
QUICKLY ENGAGING
USER-FRIENDLY NOT ONLY FOR
DINERS BUT ALSO FOR INVITEES
HAXZIXD Creative Founder F2019
31
INSPIRATIONAL BROWSING
TASK SPECIFIC SEARCH
COMMUNALโ€จ
NEEDS
INDIVIDUALโ€จ
NEEDS
USERS
32
USERS CUSTOMERSDINERS
33
DINERS
RESTERUANT
OWNERS
34
DINERS
RESTERUANT
OWNERS
35
DINERS
RESTERUANT
OWNERS
36
A new customer channel for restaurants, byโ€จ
attracting users with targeted food advertising.
Value Proposition
Customer
HAXZIXD Creative Founder F2019
37
RESTAURANT
OWNERS
38
RESTAURANT
OWNERS
39
Pricing Model (Customer)
Basic Membership $50/month
โ€ฃ Set up fee
โ€ฃ Customized promotion blog post
function (limited to 1 post/day)
โ€ฃ Noti๏ฌcation for user on
subscribed channel
Including
HAXZIXD Creative Founder F2019
40
Pricing Model (Customer)
$50/month
Add-on Cost Advertisement
CPM - $5
CPC - $0.26
โž•
HAXZIXD Creative Founder F2019
Basic Membership $50/month
โ€ฃ Set up fee
โ€ฃ Customized promotion blog post
function (limited to 1 post/day)
โ€ฃ Noti๏ฌcation for user on
subscribed channel
Including
41
Customer
HAXZIXD Creative Founder F2019
42
SOM
Servicele
Obtainable Market
$635,760
24% Restaurants would
pay for social media
promotion in San Francisco
SAM
Serviceable
Obtainable Market
$70,343,808
24% Restaurants would
pay for social media
promotion in 8 states(High-
density restaurant in US)
TAM
Total Accessible Market
$2,251,001,856
24% Restaurants would
pay for social media
promotion in 32 countries
Customer
HAXZIXD Creative Founder F2019
43
SOM
Servicele
Obtainable Market
$635,760
24% Restaurants would
pay for social media
promotion in San Francisco
SAM
Serviceable
Obtainable Market
$70,343,808
24% Restaurants would
pay for social media
promotion in 8 states(High-
density restaurant in US)
TAM
Total Accessible Market
$2,251,001,856
24% Restaurants would
pay for social media
promotion in 32 countries
Customer
HAXZIXD Creative Founder F2019
44
SOM
Servicele
Obtainable Market
$635,760
24% Restaurants would
pay for social media
promotion in San Francisco
SAM
Serviceable
Obtainable Market
$70,343,808
24% Restaurants would
pay for social media
promotion in 8 states(High-
density restaurant in US)
TAM
Total Accessible Market
$2,251,001,856
24% Restaurants would
pay for social media
promotion in 32 countries
Salary
Maintenance
$387,527
$5,871
4 Founders $226,000
Software Engineer $107,287
Salesperson $36,632
Customer service(for 6 months) $17,608
Website $300
App Store $99
Google Advertisement $5,472
Cost structure
Operating Expense $1,000
Printing $500
Technology $7,188
API service fee($599x12) $7,188
HAXZIXD Creative Founder F2019
45
Contract Review(20 pages) $500
Apple: https://developer.apple.com/programs/how-it-works/
Glassdoor: https://www.glassdoor.com/Salaries/san-francisco-salesman-salary-SRCH_IL.0,13_IM759_KO14,22.htm https://
www.glassdoor.com/Salaries/san-francisco-customer-service-salary-SRCH_IL.0,13_IM759_KO14,30.htm
Contract: https://www.l4sb.com/๏ฌ‚at-rate-contract-review/
Salary
Maintenance
$387,527
$5,871
4 Founders $226,000
Software Engineer $107,287
Salesperson $36,632
Customer service(for 6 months) $17,608
Website $300
App Store $99
Google Advertisement $5,472
Cost structure
Operating Expense $1,000
Printing $500
Technology $7,188
API service fee($599x12) $7,188
HAXZIXD Creative Founder F2019
46
$401,586/year
Total Cost
Contract Review(20 pages) $500
Apple: https://developer.apple.com/programs/how-it-works/
Glassdoor: https://www.glassdoor.com/Salaries/san-francisco-salesman-salary-SRCH_IL.0,13_IM759_KO14,22.htm https://
www.glassdoor.com/Salaries/san-francisco-customer-service-salary-SRCH_IL.0,13_IM759_KO14,30.htm
Contract: https://www.l4sb.com/๏ฌ‚at-rate-contract-review/
User Research MVP Testing
Identify problems
in 45 interviews
3 MVP Iterations 5 Product tests
3 Interviews with
restaurant owners
(customer)
Customer & User
Acquisition
SEPT OCT Nov DEC
HAXZIXD Creative Founder F2019
47
Acquisition
Experiment
Now
Validated Our
MVP
26 Sign ups
from user side
6 Sign ups from
customer side8 Sign ups
from user side
2 Sign ups from
customer side
Acquisition
Experiment
SEPT OCT Nov DEC
HAXZIXD Creative Founder F2019
48
User Research Validated Our
MVP
MVP Testing Now
Identify problems
in 45 interviews
3 MVP Iterations
3 Interviews with
restaurant owners
(customer)
8 Sign ups
from user side
Customer & User
Acquisition
2 Sign ups from
customer side
IXD Creative Founder F2019
26 Sign ups
from user side
6 Sign ups from
customer side
5 Product tests
SEPT OCT Nov DEC
HAXZIXD Creative Founder F2019
49
NowUser Research MVP Testing Acquisition
Experiment
Validated Our
MVP
Identify problems
in 45 interviews
3 MVP Iterations
3 Interviews with
restaurant owners
(customer)
Customer & User
Acquisition
26 Sign ups
from user side
6 Sign ups from
customer side
5 Product tests
8 Sign ups
from user side
2 Sign ups from
customer side
DEC MAR - MAY JUN - SEP OCT - DEC- FEB
Now 3 Months 6 Months 9 Months 12 Months
26 Sign ups
from user side
6 Sign ups from
customer side
MVP Iterations Scalable Adoption
Usability Tests Further Acquisition
Develop and Launch
MVP
post-launch maintenance
and support.
Reach our Milestone
50
26 Sign ups
from user side
6 Sign ups from
customer side
DEC MAR - MAY JUN - SEP OCT - DEC- FEB
MVP Iterations Scalable Adoption
Usability Tests
3 Months 6 Months 9 Months 12 Months
Further Acquisition
Develop and Launch
MVP
post-launch maintenance
and support.
Now
51
Reach our Milestone
Pro๏ฌt in a year
HAXZIXD Creative Founder F2019
52
$635,760 - $401,586 = $234,174
Revenue (SOM) Cost Pro๏ฌt
We are seeking โ€ฆ
$500,000
For the next 12 months to reach our SOM
HAXZIXD Creative Founder F2019
53
Thank You!
HAXZIXD Creative Founder F2019
54
Appendix
HAXZIXD Creative Founder F2019
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Business Molecule
HAXZIXD Creative Founder F2019
People
Problem Solution
People eat out 3+
times a week
Have a slow process
on arranging dining
out
An App can help users
arranging dining out
with friends within 3
steps
56
MVP
HAXZIXD Creative Founder F2019
57
Food Preference
+
Japanese
fusion
Korean
Vietnamese
French
Italian
Greek
Spanish
Adjust fusion bubbles to show your preference
Next
Cracked & Battered
4.5/5 Delarosa
ExploreSOMA
Filter Near me 4.0+ Stars New Open
Ikeโ€™s Japanese KitchenRintaro
4/5
4/54/5
Homepage My invitations Subscribtions Settings
Invitation 1 Edit
Date
Add Invitees
2019/11/30
Lunch 11:00 am
โž•โž–
Dinner
+
TonyLeah Chris Ben Vincent Judy
Recentl Contacts:
Delarosa 4/5
350 Misson St, San Francisco
Send
New
User
Existing
User
Setting preference Browse Restaurant Create Invitation
Invitation 1 Edit
Date
Add Invitees
2019/11/30
Lunch 11:00 am
โž•โž–
Dinner
+
TonyLeah Chris Ben Vincent Judy
Recentl Contacts:
Delarosa 4/5
350 Misson St, San Francisco
Send
Invitation successfully sent!
Stay in app Go to message app
Delarosa
2019/11/30
11:00 am
BillAlex Chris
Sent the invitation out
Delarosa
350 Misson St, San Francisco 3.7miles from you
Busniess Hour: 11:AM-9PMCall: 415-115-1234
View all
Busy Hours Current wait time: 20mins
11AM 12PM 1PM 2PM 3PM 4PM 5PM 6PM 7PM 8PM
TOP 2 TOP 3TOP 1
View moreHighlight Dishes Highligh
Burrata BruschettaMargherita Crispy Tagliolini
Dumplings
Create an invitation
4/5
1/213
Select Restaurant
FOOZI
Eva ACCEPT your
FOOZI
Ted ACCEPT your
FOOZI
Ivy ACCEPT your
Invitees
Get n
Inviters
Invitees
MVP User Flow
HAXZIXD Creative Founder F2019
58
Food Preference
+
Japanese
fusion
Korean
Vietnamese
French
Italian
Greek
Spanish
Adjust fusion bubbles to show your preference
Next
Cracked & Battered
4.5/5 Delarosa
ExploreSOMA
Filter Near me 4.0+ Stars New Open
Ikeโ€™s Japanese KitchenRintaro
4/5
4/54/5
Homepage My invitations Subscribtions Settings
Invitation 1 Edit
Date
Add Invitees
2019/11/30
Lunch 11:00 am
โž•โž–
Dinner
+
TonyLeah Chris Ben Vincent Judy
Recentl Contacts:
Delarosa 4/5
350 Misson St, San Francisco
Send
Setting preference Browse Restaurant Create Invitation
Invitation 1 Edit
Date
Add Invitees
2019/11/30
Lunch 11:00 am
โž•โž–
Dinner
+
TonyLeah Chris Ben Vincent Judy
Recentl Contacts:
Delarosa 4/5
350 Misson St, San Francisco
Send
Invitation successfully sent!
Stay in app Go to message app
Delarosa
2019/11/30
11:00 am
BillAlex Chris
Sent the invitation out
Yes No
Tokusu Ramen, Macha tea
Existing
User
Non
User
Delarosa
350 Misson St, San Francisco 3.7miles from you
Busniess Hour: 11:AM-9PMCall: 415-115-1234
View all
Busy Hours Current wait time: 20mins
11AM 12PM 1PM 2PM 3PM 4PM 5PM 6PM 7PM 8PM
TOP 2 TOP 3TOP 1
View moreHighlight Dishes Highligh
Burrata BruschettaMargherita Crispy Tagliolini
Dumplings
Create an invitation
4/5
1/213
Select Restaurant
Jump to
informational
page in the app
Jump to informational
page in the web browser
(With Download link)
FOOZI
Eva ACCEPT your
FOOZI
Ted ACCEPT your
FOOZI
Ivy ACCEPT your
Invitees
Get n
Invitees made decisi
HAXZIXD Creative Founder F2019
59
Invitation 1 Edit
Date
Add Invitees
2019/11/30
Lunch 11:00 am
โž•โž–
Dinner
+
TonyLeah Chris Ben Vincent Judy
Recentl Contacts:
Delarosa 4/5
350 Misson St, San Francisco
Send
Create Invitation
Invitation 1 Edit
Date
Add Invitees
2019/11/30
Lunch 11:00 am
โž•โž–
Dinner
+
TonyLeah Chris Ben Vincent Judy
Recentl Contacts:
Delarosa 4/5
350 Misson St, San Francisco
Send
Invitation successfully sent!
Stay in app Go to message app
Delarosa
2019/11/30
11:00 am
BillAlex Chris
Sent the invitation out
Yes No
Tokusu Ramen, Macha tea
Existing
User
Non
User
Delarosa
350 Misson St, San Francisco 3.7miles from you
Busniess Hour: 11:AM-9PMCall: 415-115-1234
View all
Busy Hours Current wait time: 20mins
11AM 12PM 1PM 2PM 3PM 4PM 5PM 6PM 7PM 8PM
TOP 2 TOP 3TOP 1
View moreHighlight Dishes Highligh
Burrata BruschettaMargherita Crispy Tagliolini
Dumplings
Create an invitation
4/5
1/213
Select Restaurant
Jump to
informational
page in the app
Jump to informational
page in the web browser
(With Download link)
FOOZI
Eva ACCEPT your invitaion
!
10m ago
FOOZI
Ted ACCEPT your invitaion
!
40m ago
FOOZI
Ivy ACCEPT your invitaion
!
1h ago
Invitees
Get noti๏ฌcations
Invitees made decision
My Invitations
Delarosa
Invitation 1
Upcoming Event Past Event
350 Misson St, San Francisco
2019/11/30 11:00AM BillAlex Chris
Homepage My invitations Subscribtions Settings
Cracked & Battered
Invitation 2
1434 18th St, San Francisco
2019/12/1 3:00PM TonyLeah Ben
Surisan
Invitation 3
505 Beach St, San Francisco
2019/12/3 7:00PM VincentEva Judy
Manage Invitation
Inviters
Invitees
HAXZIXD Creative Founder F2019
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HAXZIXD Creative Founder F2019
61
HAXZIXD Creative Founder F2019
62
MVP Key Milestones
Hypothesis Validation 1
We believe that our target users have a hard time scheduling eating out
with friends because of location. (Invalid)
Insight: Participant did not think scheduling is a hard problem to solve.
*Experiment with Storyboards of Tom
An app include location, message and eating preference Feature.
MVP 1
HAXZIXD Creative Founder F2019
63
Hypothesis Validation
People who eat out in groups of 3+, often disagree on selection
restaurants causing frustration when they plan eating out. (Invalid)
People who like to eat out experience a disappointment between a
restaurantโ€™s recommendations and their expectations. (Invalid)
Insight: The slow process of arranging dining out.
* Experiment of journey map experiment.
An app can help you arrange eating out with friends without texting
a single word. The app can also recommended restaurants based on
location/preference/waiting time.
MVP 2
HAXZIXD Creative Founder F2019
64
Hypothesis Validation
People aged 23-35 years old that work full-time who like to dine out with
friends 3+ times a week have a slow process organizing the event
because of disagreement on ๏ฌnding satisfying restaurants. (Validated)
*Interview with target users
People can create dining out plan and share it with friends/ User
generated content based/ Personal requirements highlight in the
pro๏ฌle for friends to see
MVP 3
HAXZIXD Creative Founder F2019
65
MVP Validation Experiment
People can arrange eating out without texting a single word.
Insight: 1. Participantsโ€™ friends have a clear response. 2. Their friends
associate the experiment material (invitation card) with apps.
*Experiment of how the invitees will response to the invitation pictures
with the restaurant key information on it & Click through low-๏ฌ product.
MVP 4
Ef๏ฌcient Plan/ Personal recommendation/ Foodies community share
HAXZIXD Creative Founder F2019
66
MVP Experiment
Experiment about Multi-options and collaborative decision making.
Insight: 1. It makes the process more complex and did not bring as much
as value to our participants. 2. Not only the invitation experience matter
to our target users but the pre-invitation experience matters too.
* Experiment through A/B testing (single decision-making ๏ฌ‚ow vs.
collaborative decision making)
MVP 5
Personal recommendation/ Ef๏ฌcient Plan/ Waterfall browsing
Financial
HAXZIXD Creative Founder F2019
67
HAXZIXD Creative Founder F2019
68
TSS
HAXZIXD Creative Founder F2019
70
HAXZIXD Creative Founder F2019
71Target User
SOMSOM
Servicele
Obtainable Market
408,471
Millennials who dine out 3x a
week and use technology to
decide dining out in Bay Area
SOM
Population in Bay Area 7,750,0007,750,000
38%
38%
36.5%
*
*
*
38% of American dining out more than 3 times a week
According to Branket
38% of the population is Millennials
According to census reporter
36.5% Millennials use technology to decide dining out.
According to E-market
Final TSS:
Users:
โƒ Som: 408,471 people= 7750000*0.38*0.38*0.365 (Bay Area)
โƒ 7,750,000 people in Bay Area
โƒ 38% of them are Millennials (https://censusreporter.org/pro๏ฌles/16000US0667000-san-francisco-
ca/)
โƒ 38% american dining out 3 times a week( https://www.bizjournals.com/sanfrancisco/news/
2017/07/05/millennials-dine-out.html The survey from Bankrate.comย )(https://
www.bankrate.com/personal-๏ฌnance/smart-money/๏ฌnancial-vices-september-2018/) (https://
www.bankrate.com/banking/savings/save-1776-over-next-year/)
โƒ 36.5% Millennials use technology to decide dining out. (E-market.)
โƒ Sam: 8,667,165=7811072*0.38*0.365*8 (United State)
โƒ Average Millennials in one state: 7,811,072=(California millennials+Texas Millennials+Illinois
Millennials)/3
โƒ California Millennials: 9,460,216 (http://www.dof.ca.gov/Forecasting/Demographics/Projections/
documents/P_PressRelease.pdf)
โƒ Texas population: 29,087,070 (http://worldpopulationreview.com/states/texas-population/)
โƒ Millennials: 9645000
โƒ Illinois population: 12,700,381 (http://worldpopulationreview.com/states/illinois-population/)
โƒ Millennials: 4,328,000
โƒ TOM: 277,349,280=8,667,165*32 (International)
โƒ 32 countries (yelp)
HAXZIXD Creative Founder F2019
72Users TSS
HAXZIXD Creative Founder F2019
73Users TSS
Customers:
โƒ SOM: $635,760 per year =4415x0.24x50x12
โƒ 4,415 restaurants in San Francisco (https://www.sftravel.com/article/san-francisco-fact-sheet)
โƒ 24% of them pay for the instagram promotion (https://pos.toasttab.com/blog/restaurant-
management-statistics, https://pos.toasttab.com/resources/restaurant-success-industry-report )
โƒ Our basic pricing is $50/month
โƒ SAM: $70,343,808=(114029+43670+25488)/3x8x0.24.50x12
โƒ California restaurant: 114,029 (https://pos.toasttab.com/blog/restaurant-marketing-budget )
โƒ Texas: 43,670 (http://txresto.com/newsblog/85-restaurant-industry-in-texas)
โƒ Illinois: 25,488 (https://www.restaurant.org/Downloads/PDFs/State-Statistics/illinois.pdf)
โƒ TAM: $2,251,001,856=SAM x32
HAXZIXD Creative Founder F2019
74Customer TSS
HAXZIXD Creative Founder F2019
75Customer TSS
HAXZIXD Creative Founder F2019
76
Price
Revenue
Membership Have
Blog Post Function
(limited 1 day per
post), users who
All the
following
function need
to be added CPM +1000K Main Page Ads CPC
FYI:CPC per click CPM
explosure
$50/per months $5 0.26$/click
Resources
Instagram 5$
https://www.webfx.com/how-much-
does-social-media-advertising-
cost.html
https://
www.webfx.
com/how-
much-does- 1
HAXZIXD Creative Founder F2019
77
HAXZIXD Creative Founder F2019
78Reference for pricing
API Price
HAXZIXD Creative Founder F2019
79
Source:https://developer.foursquare.com/places
Google Ad Price
HAXZIXD Creative Founder F2019
80
Source:https://developer.foursquare.com/places
Market
HAXZIXD Creative Founder F2019
81
FOOZI BUSINESS MODEL CANVAS
LOL
Key Partners Key Activities Value Propositions Customer โ€จ
Relationships
Customer โ€จ
Segments
Key Resources Channels
Cost Structure
Web Services
Bloggers
Social Events
Restaurants
Travel Agency
Userbase
Marketing & User Acquisition
Relationship Building
Feature Building
Customer Dev
Quick Arrangement
Information Share
Multilingual
Reservations
Premium Features
Friend Network
Crowdsourced
Restaurant Partnership
Social Events
International Reach
Bloggers / Social Media
Users
Restaurants
Advertising Agencies
Businesses
Social Events
Databases, Servers, User Networks
Foodies / U.G.C / Re๏ฌned Search
Algorithms / Social Media / Info Feedsโ€จ
Lawyers / Customer Development
Data / Reviews / Photos / Live feeds
Waitlist / Reservations / Promotions
Word Of Mouth
App Platform Invitation
Blogs & Videos
Social Media Sharing
Advertisements
Product Maintenance
Development Team
O๏ฌƒce Space / O๏ฌƒces
Technology Services
Customer Acquisition
Logistics / Kiosk
Revenue Streams
In App Advertisements
User Clicked Ads
Digital Data
Restaurants Membership
User Premium Membership
Social Events
Designed For: Designed by: Date: Version:
HAXS FOOZI Pitch Haxz 12/01/2019 4 82
Market Analysis / Comparative Landscape
โ€œCensus Profile: San Francisco, CA.โ€ Census Reporter, https://censusreporter.org/profiles/16000US0667000-san-francisco-ca/.
Hale, Robert. โ€œHow to Write Your Restaurant Marketing Budget in 2019.โ€ Toast POS, Toast, Inc., 6 Sept. 2019,
https://pos.toasttab.com/blog/restaurant-marketing-budget.
Brenner, Michael, et al. โ€œBanner Ads Have 99 Problems And A Click Ain't One.โ€ Marketing Insider Group, 6 Sept. 2019,
https://marketinginsidergroup.com/content-marketing/banners-99-problems/.
โ€œAn Introduction to Yelp Metrics as of June 30, 2019.โ€ Yelp, https://www.yelp.com/factsheet.
โ€œCensus Profile: San Francisco, CA.โ€ Census Reporter, https://censusreporter.org/profiles/16000US0667000-san-francisco-ca/.
Comparative Products
https://www.yelp.com
https://www.zagat.com
https://www.rottentomatoes.com
https://www.instagram.com
https://www.ubereats.com
Source Research
HAXZIXD Creative Founder F2019
83
Comparative Landscapeโ€จ
STRENGTH
WEAKNESS
OPPORTUNITIES
THREATS
Sorting of all search results made easy โ€จ
by user generated content.
Search results can be very dense feelingโ€จ
overwhelming and ratings can be biased โ€จ
or misleading. Data retrieval and research.
Because of their user base, they have an โ€จ
opportunity to expand into smaller market.
Google has become a side by side comparison โ€จ
in searching for businesses.
Users have Yelp as their mental model of searching
for restaurants with increasing sentiment for
untrustworthy reviews & ratings.
Insights
HAXZIXD Creative Founder F2019
84
Comparative Landscapeโ€จ
STRENGTH
WEAKNESS
OPPORTUNITIES
THREATS
Verifying movie ticket purchases before
posting and have a criteria to become a โ€จ
certi๏ฌed professional reviewer.
Website looks out of date.
They have an opportunity to capture โ€จ
more audience with rebranding.
IMDB is the closest to competitor.
Great source of user generated content for reviews and
ratings. Feels more accurate in representation of what
users think of any media release in simple metrics.
Insights
HAXZIXD Creative Founder F2019
85
Comparative Landscapeโ€จ
STRENGTH
WEAKNESS
OPPORTUNITIES
THREATS
Itโ€™s Instagram. Target advertising based on likes.
Photo heavy and easy to use.
in๏ฌnite scrolling is a pleasure and an annoyance โ€จ
and video editing capabilities could be improved.
They could develop their video creation โ€จ
and editing features.
TikTok is growing in popularity because โ€จ
of video content.ย https://www.cleveroad.com/blog/how-much-does-it-cost-to-develop-an-app-like-instagram
Disclosed: How Much Does It Cost to โ€จ
Make an App Like Instagram?
Easy to use platform with photo sharing. They highlight
the content that is important for the users and direct
content based on their preferences.
Insights
HAXZIXD Creative Founder F2019
86
Comparative Landscapeโ€จ
STRENGTH
WEAKNESS
OPPORTUNITIES
THREATS
High reputation with a large network of drivers โ€จ
makes it easier for them to deliver food โ€จ
to their customers.
Too many hidden fees and delivery choices โ€จ
do not match user desires.
Ubereats could give more incentives to their โ€จ
users to grow their usage.
Food delivery is a competitive landscape and 

They could lose customers due to high service fees.
Easy to use built around the driver network. Brings
users to their restaurant choices for delivery and
connects customers with restaurants.
Insights
HAXZIXD Creative Founder F2019
87
STRENGTH
WEAKNESS
OPPORTUNITIES
THREATS
Professional trusted rating system. The website

Looks very elegant exciting to browse pictures.
Does not allow users to participate โ€จ
outside of voting year.
Zagat can grow their network larger if they open

Their website to daily users.
The rating system could be replaced by other

Competitors and is aging in the market.
Comparative Landscapeโ€จ
Professional and trusted rating system delivering the
best of in cities around the United States. Highlights
these places with attractive pictures, driving traf๏ฌc.
Insights
HAXZIXD Creative Founder F2019
88
Technology
HAXZIXD Creative Founder F2019
89
Commercial Databaseโ€จ
FOURSQUARE DEVELOPERSโ€จ
90
Acquisition
HAXZIXD Creative Founder F2019
91
User Side Landing Page
HAXZIXD Creative Founder F2019
92
HAXZIXD Creative Founder F2019
93
HAXZIXD Creative Founder F2019
94
HAXZIXD Creative Founder F2019
95
HAXZIXD Creative Founder F2019
96
Customer Side Landing Page
HAXZIXD Creative Founder F2019
97
HAXZIXD Creative Founder F2019
98
HAXZIXD Creative Founder F2019
99
HAXZIXD Creative Founder F2019
100
HAXZIXD Creative Founder F2019
101
Marketing Strategy
HAXZIXD Creative Founder F2019
102
Users Customer
Marketing DRIP CAMPAIGN Strategy
Email blasts to 100 customers with scaling emails toโ€จ
promote customer retention.
โ€จ
Media Channels
Linkedin Network Sharing
Medium / UX Post / UXCollective
Facebook Groups
Instagram Posts
Reddit Post
Twitter Post
User / Customer Acquisition
Over a three week period. Restaurant emails were sent
out inviting restaurant owners to visit our webpage.
Facebook Channels
Exe SF - 9,477 Members
UXUI - 8,710 Members
Mission - 1,282 Members
SF Group - 6,589 Members
SF Native - 18,264 Members
Posted posters around town to attract more users.
Facebook posts and Instagram to bring users.
HAXZIXD Creative Founder F2019
103
Tomoko
Co-Owner - Iza Ramen / Blowfish Sushi
โ€จ
โ€œThe first restaurant opened 20 years โ€จ
ago it was really popular , but after โ€จ
10 years it's not so new anymore.โ€
Geoffrey
Executive Chef - Ju-ni
โ€จ
โ€จ
โ€œWe focused on quality and experience, โ€จ
we didn't need pay for any marketing.โ€
Anderson
Owner Tyโ€™s Pho
โ€œWe have to use delivery
services because they have
the customers, if we donโ€™t use
them, we stay behind.โ€
Restaurant Owner Interviews
HAXZIXD Creative Founder F2019
104
Advertising Samples
HAXZIXD Creative Founder F2019
105
Channels
HAXZIXD Creative Founder F2019
106
Channels
HAXZIXD Creative Founder F2019
107
Awareness of out products from different channels
(Posters, Social media, emailโ€ฆ)
Discover our product through landing page
Subscribe for the latest news
Download product and build
out their own pro๏ฌle
Go premium
Share with other
restaurant owners
Acquisition
Activation
Retention
Revenue
Referral
Funnel (Customer)
HAXZIXD Creative Founder F2019
89
3Conversion 3.3%
108
Data collection time: 2019/11/4-2019/12/9
Awareness of out products from different channels
(Posters, Social media, emailโ€ฆ)
Discover our product through landing page
Subscribe for the latest news
Download product and build
out their own pro๏ฌle
Click through promoting
restaurant page
Share with other
restaurant owners
Acquisition
Activation
Retention
Revenue
Referral
Funnel (User)
HAXZIXD Creative Founder F2019
199
25Conversion 12.5%
109
Data collection time: 2019/11/4-2019/12/9
Illustration Resource
HAXZIXD Creative Founder F2019
110
<a href="https://www.freepik.com/free-photos-vectors/
background">Background vector created by Vectorarte - www.freepik.com</a>
<a href="https://www.freepik.com/free-photos-vectors/business">Business
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<a href="https://www.freepik.com/free-photos-vectors/business">Business
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Haxz pitch presentation

  • 1. Arranging a dining out with friends within 3 Steps Team Haxz IXD-Creative Founder
  • 2. CEO Shicheng Huo Ronald Alunan CMO Xinyao Xu CTO Wen Zeng CFO Who Are We HAXZIXD Creative Founder F2019 Team Haxz 1
  • 6. Hi, Ted! I ask Eva to join us! Hey, guys! Howโ€™s going? Hi, I am Eva! When will we meet? Where should we go? We need to choose a restaurant now! Whatโ€™s the highlight dishes for that restaurant? Then what about Sunday night? Wait! Why Tom is not talking? Where is Tom??? HAXZIXD Creative Founder F2019 5
  • 8. Who did we talk to? 48 Target Users People who dining out at lease 3 times a week 3 Restaurant Owners HAXZIXD Creative Founder F2019 7
  • 9. Problem Have a slow process on arranging dining out because of long negotiation time. 99+ HAXZIXD Creative Founder F2019 8
  • 10. Why Slow HAXZIXD Creative Founder F2019 9 1. People need to message back and forth different friends at every stages when arranging dining out plans.
  • 11. 1. People need to message back and forth different friends at every stages when arranging dining out plans. HAXZIXD Creative Founder F2019 2. It takes time for people to gather the key information they want. Why Slow 10
  • 12. By using FOOZI, users can dine out with friends without a long negotiation process.ย  Value Proposition User HAXZIXD Creative Founder F2019 11
  • 13. SOLUTION An App can help users arranging dining out with friends within 3 steps HAXZIXD Creative Founder F2019 12
  • 14. Better Restaurant Finding Experience Step 1 Waterfall browsing gives you better visibility of more restaurants Explore new restaurants every time you refresh. Find a Restaurant HAXZIXD Creative Founder F2019 13
  • 15. Precise Information help Decision Making Busy hours, highlight dishes, Current wait time, rating, etc. โ€จ All the information you want to know is on the same page. Ef๏ฌcient Plan Step 2 Create and send invitation HAXZIXD Creative Founder F2019 14 Select people from existing contacts and you are ready to go. The invitations will directly go to all the invitees on your list through SMS with only one click.
  • 16. Noti๏ฌcation when status updated No need to worry about tons of messages you need to go back and forth. Foozi will send you noti๏ฌcations when your friends make a decision. Step 3 Check Responses FOOZI Bill ACCEPT your invitaion ! 10m ago FOOZI Alex ACCEPT your invitaion ! 40m ago FOOZI Chris ACCEPT your invitaion ! 1h ago HAXZIXD Creative Founder F2019 15 *Invitees are not required to sign up to make decisions.
  • 17. Noti๏ฌcation when status updated No need to worry about tons of messages you need to go back and forth. Foozi will send you noti๏ฌcations when your friends make a decision. Step 3 Check Responses HAXZIXD Creative Founder F2019 16 *Invitees are not required to sign up to make decisions. My Invitations Delarosa Invitation 1 Upcoming Event Past Event 350 Misson St, San Francisco 2019/12/14 11:00AM BillAlex Chris Homepage My invitations Subscribtions Settings
  • 18. Why are we building Foozi? Bankrateโ€™s ๏ฌnancial vices survey & Census Reporter HAXZIXD Creative Founder F2019 17
  • 19. 38% of American dine out at least 3 times a week Bankrateโ€™s ๏ฌnancial vices survey & Census Reporter HAXZIXD Creative Founder F2019 Our Users 18
  • 20. HAXZIXD Creative Founder F2019 36.5% Millennials use technology to make dinner decision Our Users 19 Bankrateโ€™s ๏ฌnancial vices survey & Census Reporter
  • 21. Our Users Frequency of US Internet Users Using Technology โ€จ to Make Dinner Decision When Eating out. โ€œFrequency with which US Internet Users Use Technology to Help Make Dinner Decision When Eating out, by age, Oct 2017โ€ By EMarketer. 0 10 20 30 40 Age 19-27 Age 28-37 Age 38-53 Age 54-71 35% 38% 19% 8% % % % % % of โ€จ respondents HAXZIXD Creative Founder F2019 20
  • 22. HAXZIXD Creative Founder F2019 21Target User SOM Serviceable Obtainable Market 408,471 Millennials who dine out 3x a week and use technology to decide dining out in Bay Area SAM 8,667,165 Millennials who dine out 3x a week and use technology to decide dining out in 8 states TAM Total Accessible Market 277,349,280 Millennials who dine out 3x a week and use technology to decide dining out in 32 countries SAM Serviceable Obtainable Market
  • 23. HAXZIXD Creative Founder F2019 22Target User SOM 408,471 Millennials who dine out 3x a week and use technology to decide dining out in Bay Area SAM 8,667,165 Millennials who dine out 3x a week and use technology to decide dining out in 8 states TAM Total Accessible Market 277,349,280 Millennials who dine out 3x a week and use technology to decide dining out in 32 countries SAM 8,667,165 Millennials who dine out 3x a week and use technology to decide dining out in 8 states Serviceable Obtainable Market Serviceable Obtainable Market
  • 24. HAXZIXD Creative Founder F2019 23Target User SOM 408,471 Millennials who dine out 3x a week and use technology to decide dining out in Bay Area TAM SAM 8,667,165 Millennials who dine out 3x a week and use technology to decide dining out in 8 states TAM Total Accessible Market 277,349,280 Millennials who dine out 3x a week and use technology to decide dining out in 32 countries Serviceable Obtainable Market Serviceable Obtainable Market
  • 25. How do we ๏ฌt in? Existing Market HAXZIXD Creative Founder F2019 24
  • 26. INSPIRATIONAL BROWSING TASK SPECIFIC SEARCH INDIVIDUAL NEEDS COMMUNAL NEEDS CTA(CALL TO ACTION) HAXZIXD Creative Founder F2019 Company Position 25
  • 27. HAXZIXD Creative Founder F2019 27 INSPIRATIONAL BROWSING TASK SPECIFIC SEARCH COMMUNALโ€จ NEEDS INDIVIDUALโ€จ NEEDS
  • 28. HAXZIXD Creative Founder F2019 27 INSPIRATIONAL BROWSING TASK SPECIFIC SEARCH COMMUNALโ€จ NEEDS INDIVIDUALโ€จ NEEDS
  • 29. Why We are Unique๏ผŸ INSPIRATIONAL SEARCHING RANDOMIZED RESULTS BASED โ€จ HISTORY SEARCH PATTERN HAXZIXD Creative Founder F2019 29 INSPIRATIONAL BROWSING TASK SPECIFIC SEARCH COMMUNALโ€จ NEEDS INDIVIDUALโ€จ NEEDS
  • 30. Why We are Unique๏ผŸ SIMPLIFIED PLANNING MAKES A LONG PROCESS EFFICIENT HAXZIXD Creative Founder F2019 30 INSPIRATIONAL BROWSING TASK SPECIFIC SEARCH COMMUNALโ€จ NEEDS INDIVIDUALโ€จ NEEDS
  • 31. Why We are Unique๏ผŸ QUICKLY ENGAGING USER-FRIENDLY NOT ONLY FOR DINERS BUT ALSO FOR INVITEES HAXZIXD Creative Founder F2019 31 INSPIRATIONAL BROWSING TASK SPECIFIC SEARCH COMMUNALโ€จ NEEDS INDIVIDUALโ€จ NEEDS
  • 37. A new customer channel for restaurants, byโ€จ attracting users with targeted food advertising. Value Proposition Customer HAXZIXD Creative Founder F2019 37
  • 40. Pricing Model (Customer) Basic Membership $50/month โ€ฃ Set up fee โ€ฃ Customized promotion blog post function (limited to 1 post/day) โ€ฃ Noti๏ฌcation for user on subscribed channel Including HAXZIXD Creative Founder F2019 40
  • 41. Pricing Model (Customer) $50/month Add-on Cost Advertisement CPM - $5 CPC - $0.26 โž• HAXZIXD Creative Founder F2019 Basic Membership $50/month โ€ฃ Set up fee โ€ฃ Customized promotion blog post function (limited to 1 post/day) โ€ฃ Noti๏ฌcation for user on subscribed channel Including 41
  • 42. Customer HAXZIXD Creative Founder F2019 42 SOM Servicele Obtainable Market $635,760 24% Restaurants would pay for social media promotion in San Francisco SAM Serviceable Obtainable Market $70,343,808 24% Restaurants would pay for social media promotion in 8 states(High- density restaurant in US) TAM Total Accessible Market $2,251,001,856 24% Restaurants would pay for social media promotion in 32 countries
  • 43. Customer HAXZIXD Creative Founder F2019 43 SOM Servicele Obtainable Market $635,760 24% Restaurants would pay for social media promotion in San Francisco SAM Serviceable Obtainable Market $70,343,808 24% Restaurants would pay for social media promotion in 8 states(High- density restaurant in US) TAM Total Accessible Market $2,251,001,856 24% Restaurants would pay for social media promotion in 32 countries
  • 44. Customer HAXZIXD Creative Founder F2019 44 SOM Servicele Obtainable Market $635,760 24% Restaurants would pay for social media promotion in San Francisco SAM Serviceable Obtainable Market $70,343,808 24% Restaurants would pay for social media promotion in 8 states(High- density restaurant in US) TAM Total Accessible Market $2,251,001,856 24% Restaurants would pay for social media promotion in 32 countries
  • 45. Salary Maintenance $387,527 $5,871 4 Founders $226,000 Software Engineer $107,287 Salesperson $36,632 Customer service(for 6 months) $17,608 Website $300 App Store $99 Google Advertisement $5,472 Cost structure Operating Expense $1,000 Printing $500 Technology $7,188 API service fee($599x12) $7,188 HAXZIXD Creative Founder F2019 45 Contract Review(20 pages) $500 Apple: https://developer.apple.com/programs/how-it-works/ Glassdoor: https://www.glassdoor.com/Salaries/san-francisco-salesman-salary-SRCH_IL.0,13_IM759_KO14,22.htm https:// www.glassdoor.com/Salaries/san-francisco-customer-service-salary-SRCH_IL.0,13_IM759_KO14,30.htm Contract: https://www.l4sb.com/๏ฌ‚at-rate-contract-review/
  • 46. Salary Maintenance $387,527 $5,871 4 Founders $226,000 Software Engineer $107,287 Salesperson $36,632 Customer service(for 6 months) $17,608 Website $300 App Store $99 Google Advertisement $5,472 Cost structure Operating Expense $1,000 Printing $500 Technology $7,188 API service fee($599x12) $7,188 HAXZIXD Creative Founder F2019 46 $401,586/year Total Cost Contract Review(20 pages) $500 Apple: https://developer.apple.com/programs/how-it-works/ Glassdoor: https://www.glassdoor.com/Salaries/san-francisco-salesman-salary-SRCH_IL.0,13_IM759_KO14,22.htm https:// www.glassdoor.com/Salaries/san-francisco-customer-service-salary-SRCH_IL.0,13_IM759_KO14,30.htm Contract: https://www.l4sb.com/๏ฌ‚at-rate-contract-review/
  • 47. User Research MVP Testing Identify problems in 45 interviews 3 MVP Iterations 5 Product tests 3 Interviews with restaurant owners (customer) Customer & User Acquisition SEPT OCT Nov DEC HAXZIXD Creative Founder F2019 47 Acquisition Experiment Now Validated Our MVP 26 Sign ups from user side 6 Sign ups from customer side8 Sign ups from user side 2 Sign ups from customer side
  • 48. Acquisition Experiment SEPT OCT Nov DEC HAXZIXD Creative Founder F2019 48 User Research Validated Our MVP MVP Testing Now Identify problems in 45 interviews 3 MVP Iterations 3 Interviews with restaurant owners (customer) 8 Sign ups from user side Customer & User Acquisition 2 Sign ups from customer side IXD Creative Founder F2019 26 Sign ups from user side 6 Sign ups from customer side 5 Product tests
  • 49. SEPT OCT Nov DEC HAXZIXD Creative Founder F2019 49 NowUser Research MVP Testing Acquisition Experiment Validated Our MVP Identify problems in 45 interviews 3 MVP Iterations 3 Interviews with restaurant owners (customer) Customer & User Acquisition 26 Sign ups from user side 6 Sign ups from customer side 5 Product tests 8 Sign ups from user side 2 Sign ups from customer side
  • 50. DEC MAR - MAY JUN - SEP OCT - DEC- FEB Now 3 Months 6 Months 9 Months 12 Months 26 Sign ups from user side 6 Sign ups from customer side MVP Iterations Scalable Adoption Usability Tests Further Acquisition Develop and Launch MVP post-launch maintenance and support. Reach our Milestone 50
  • 51. 26 Sign ups from user side 6 Sign ups from customer side DEC MAR - MAY JUN - SEP OCT - DEC- FEB MVP Iterations Scalable Adoption Usability Tests 3 Months 6 Months 9 Months 12 Months Further Acquisition Develop and Launch MVP post-launch maintenance and support. Now 51 Reach our Milestone
  • 52. Pro๏ฌt in a year HAXZIXD Creative Founder F2019 52 $635,760 - $401,586 = $234,174 Revenue (SOM) Cost Pro๏ฌt
  • 53. We are seeking โ€ฆ $500,000 For the next 12 months to reach our SOM HAXZIXD Creative Founder F2019 53
  • 54. Thank You! HAXZIXD Creative Founder F2019 54
  • 56. Business Molecule HAXZIXD Creative Founder F2019 People Problem Solution People eat out 3+ times a week Have a slow process on arranging dining out An App can help users arranging dining out with friends within 3 steps 56
  • 58. Food Preference + Japanese fusion Korean Vietnamese French Italian Greek Spanish Adjust fusion bubbles to show your preference Next Cracked & Battered 4.5/5 Delarosa ExploreSOMA Filter Near me 4.0+ Stars New Open Ikeโ€™s Japanese KitchenRintaro 4/5 4/54/5 Homepage My invitations Subscribtions Settings Invitation 1 Edit Date Add Invitees 2019/11/30 Lunch 11:00 am โž•โž– Dinner + TonyLeah Chris Ben Vincent Judy Recentl Contacts: Delarosa 4/5 350 Misson St, San Francisco Send New User Existing User Setting preference Browse Restaurant Create Invitation Invitation 1 Edit Date Add Invitees 2019/11/30 Lunch 11:00 am โž•โž– Dinner + TonyLeah Chris Ben Vincent Judy Recentl Contacts: Delarosa 4/5 350 Misson St, San Francisco Send Invitation successfully sent! Stay in app Go to message app Delarosa 2019/11/30 11:00 am BillAlex Chris Sent the invitation out Delarosa 350 Misson St, San Francisco 3.7miles from you Busniess Hour: 11:AM-9PMCall: 415-115-1234 View all Busy Hours Current wait time: 20mins 11AM 12PM 1PM 2PM 3PM 4PM 5PM 6PM 7PM 8PM TOP 2 TOP 3TOP 1 View moreHighlight Dishes Highligh Burrata BruschettaMargherita Crispy Tagliolini Dumplings Create an invitation 4/5 1/213 Select Restaurant FOOZI Eva ACCEPT your FOOZI Ted ACCEPT your FOOZI Ivy ACCEPT your Invitees Get n Inviters Invitees MVP User Flow HAXZIXD Creative Founder F2019 58
  • 59. Food Preference + Japanese fusion Korean Vietnamese French Italian Greek Spanish Adjust fusion bubbles to show your preference Next Cracked & Battered 4.5/5 Delarosa ExploreSOMA Filter Near me 4.0+ Stars New Open Ikeโ€™s Japanese KitchenRintaro 4/5 4/54/5 Homepage My invitations Subscribtions Settings Invitation 1 Edit Date Add Invitees 2019/11/30 Lunch 11:00 am โž•โž– Dinner + TonyLeah Chris Ben Vincent Judy Recentl Contacts: Delarosa 4/5 350 Misson St, San Francisco Send Setting preference Browse Restaurant Create Invitation Invitation 1 Edit Date Add Invitees 2019/11/30 Lunch 11:00 am โž•โž– Dinner + TonyLeah Chris Ben Vincent Judy Recentl Contacts: Delarosa 4/5 350 Misson St, San Francisco Send Invitation successfully sent! Stay in app Go to message app Delarosa 2019/11/30 11:00 am BillAlex Chris Sent the invitation out Yes No Tokusu Ramen, Macha tea Existing User Non User Delarosa 350 Misson St, San Francisco 3.7miles from you Busniess Hour: 11:AM-9PMCall: 415-115-1234 View all Busy Hours Current wait time: 20mins 11AM 12PM 1PM 2PM 3PM 4PM 5PM 6PM 7PM 8PM TOP 2 TOP 3TOP 1 View moreHighlight Dishes Highligh Burrata BruschettaMargherita Crispy Tagliolini Dumplings Create an invitation 4/5 1/213 Select Restaurant Jump to informational page in the app Jump to informational page in the web browser (With Download link) FOOZI Eva ACCEPT your FOOZI Ted ACCEPT your FOOZI Ivy ACCEPT your Invitees Get n Invitees made decisi HAXZIXD Creative Founder F2019 59
  • 60. Invitation 1 Edit Date Add Invitees 2019/11/30 Lunch 11:00 am โž•โž– Dinner + TonyLeah Chris Ben Vincent Judy Recentl Contacts: Delarosa 4/5 350 Misson St, San Francisco Send Create Invitation Invitation 1 Edit Date Add Invitees 2019/11/30 Lunch 11:00 am โž•โž– Dinner + TonyLeah Chris Ben Vincent Judy Recentl Contacts: Delarosa 4/5 350 Misson St, San Francisco Send Invitation successfully sent! Stay in app Go to message app Delarosa 2019/11/30 11:00 am BillAlex Chris Sent the invitation out Yes No Tokusu Ramen, Macha tea Existing User Non User Delarosa 350 Misson St, San Francisco 3.7miles from you Busniess Hour: 11:AM-9PMCall: 415-115-1234 View all Busy Hours Current wait time: 20mins 11AM 12PM 1PM 2PM 3PM 4PM 5PM 6PM 7PM 8PM TOP 2 TOP 3TOP 1 View moreHighlight Dishes Highligh Burrata BruschettaMargherita Crispy Tagliolini Dumplings Create an invitation 4/5 1/213 Select Restaurant Jump to informational page in the app Jump to informational page in the web browser (With Download link) FOOZI Eva ACCEPT your invitaion ! 10m ago FOOZI Ted ACCEPT your invitaion ! 40m ago FOOZI Ivy ACCEPT your invitaion ! 1h ago Invitees Get noti๏ฌcations Invitees made decision My Invitations Delarosa Invitation 1 Upcoming Event Past Event 350 Misson St, San Francisco 2019/11/30 11:00AM BillAlex Chris Homepage My invitations Subscribtions Settings Cracked & Battered Invitation 2 1434 18th St, San Francisco 2019/12/1 3:00PM TonyLeah Ben Surisan Invitation 3 505 Beach St, San Francisco 2019/12/3 7:00PM VincentEva Judy Manage Invitation Inviters Invitees HAXZIXD Creative Founder F2019 60
  • 62. HAXZIXD Creative Founder F2019 62 MVP Key Milestones Hypothesis Validation 1 We believe that our target users have a hard time scheduling eating out with friends because of location. (Invalid) Insight: Participant did not think scheduling is a hard problem to solve. *Experiment with Storyboards of Tom An app include location, message and eating preference Feature. MVP 1
  • 63. HAXZIXD Creative Founder F2019 63 Hypothesis Validation People who eat out in groups of 3+, often disagree on selection restaurants causing frustration when they plan eating out. (Invalid) People who like to eat out experience a disappointment between a restaurantโ€™s recommendations and their expectations. (Invalid) Insight: The slow process of arranging dining out. * Experiment of journey map experiment. An app can help you arrange eating out with friends without texting a single word. The app can also recommended restaurants based on location/preference/waiting time. MVP 2
  • 64. HAXZIXD Creative Founder F2019 64 Hypothesis Validation People aged 23-35 years old that work full-time who like to dine out with friends 3+ times a week have a slow process organizing the event because of disagreement on ๏ฌnding satisfying restaurants. (Validated) *Interview with target users People can create dining out plan and share it with friends/ User generated content based/ Personal requirements highlight in the pro๏ฌle for friends to see MVP 3
  • 65. HAXZIXD Creative Founder F2019 65 MVP Validation Experiment People can arrange eating out without texting a single word. Insight: 1. Participantsโ€™ friends have a clear response. 2. Their friends associate the experiment material (invitation card) with apps. *Experiment of how the invitees will response to the invitation pictures with the restaurant key information on it & Click through low-๏ฌ product. MVP 4 Ef๏ฌcient Plan/ Personal recommendation/ Foodies community share
  • 66. HAXZIXD Creative Founder F2019 66 MVP Experiment Experiment about Multi-options and collaborative decision making. Insight: 1. It makes the process more complex and did not bring as much as value to our participants. 2. Not only the invitation experience matter to our target users but the pre-invitation experience matters too. * Experiment through A/B testing (single decision-making ๏ฌ‚ow vs. collaborative decision making) MVP 5 Personal recommendation/ Ef๏ฌcient Plan/ Waterfall browsing
  • 68. HAXZIXD Creative Founder F2019 68 TSS
  • 70. HAXZIXD Creative Founder F2019 71Target User SOMSOM Servicele Obtainable Market 408,471 Millennials who dine out 3x a week and use technology to decide dining out in Bay Area SOM Population in Bay Area 7,750,0007,750,000 38% 38% 36.5% * * * 38% of American dining out more than 3 times a week According to Branket 38% of the population is Millennials According to census reporter 36.5% Millennials use technology to decide dining out. According to E-market
  • 71. Final TSS: Users: โƒ Som: 408,471 people= 7750000*0.38*0.38*0.365 (Bay Area) โƒ 7,750,000 people in Bay Area โƒ 38% of them are Millennials (https://censusreporter.org/pro๏ฌles/16000US0667000-san-francisco- ca/) โƒ 38% american dining out 3 times a week( https://www.bizjournals.com/sanfrancisco/news/ 2017/07/05/millennials-dine-out.html The survey from Bankrate.comย )(https:// www.bankrate.com/personal-๏ฌnance/smart-money/๏ฌnancial-vices-september-2018/) (https:// www.bankrate.com/banking/savings/save-1776-over-next-year/) โƒ 36.5% Millennials use technology to decide dining out. (E-market.) โƒ Sam: 8,667,165=7811072*0.38*0.365*8 (United State) โƒ Average Millennials in one state: 7,811,072=(California millennials+Texas Millennials+Illinois Millennials)/3 โƒ California Millennials: 9,460,216 (http://www.dof.ca.gov/Forecasting/Demographics/Projections/ documents/P_PressRelease.pdf) โƒ Texas population: 29,087,070 (http://worldpopulationreview.com/states/texas-population/) โƒ Millennials: 9645000 โƒ Illinois population: 12,700,381 (http://worldpopulationreview.com/states/illinois-population/) โƒ Millennials: 4,328,000 โƒ TOM: 277,349,280=8,667,165*32 (International) โƒ 32 countries (yelp) HAXZIXD Creative Founder F2019 72Users TSS
  • 72. HAXZIXD Creative Founder F2019 73Users TSS
  • 73. Customers: โƒ SOM: $635,760 per year =4415x0.24x50x12 โƒ 4,415 restaurants in San Francisco (https://www.sftravel.com/article/san-francisco-fact-sheet) โƒ 24% of them pay for the instagram promotion (https://pos.toasttab.com/blog/restaurant- management-statistics, https://pos.toasttab.com/resources/restaurant-success-industry-report ) โƒ Our basic pricing is $50/month โƒ SAM: $70,343,808=(114029+43670+25488)/3x8x0.24.50x12 โƒ California restaurant: 114,029 (https://pos.toasttab.com/blog/restaurant-marketing-budget ) โƒ Texas: 43,670 (http://txresto.com/newsblog/85-restaurant-industry-in-texas) โƒ Illinois: 25,488 (https://www.restaurant.org/Downloads/PDFs/State-Statistics/illinois.pdf) โƒ TAM: $2,251,001,856=SAM x32 HAXZIXD Creative Founder F2019 74Customer TSS
  • 74. HAXZIXD Creative Founder F2019 75Customer TSS
  • 75. HAXZIXD Creative Founder F2019 76 Price
  • 76. Revenue Membership Have Blog Post Function (limited 1 day per post), users who All the following function need to be added CPM +1000K Main Page Ads CPC FYI:CPC per click CPM explosure $50/per months $5 0.26$/click Resources Instagram 5$ https://www.webfx.com/how-much- does-social-media-advertising- cost.html https:// www.webfx. com/how- much-does- 1 HAXZIXD Creative Founder F2019 77
  • 77. HAXZIXD Creative Founder F2019 78Reference for pricing
  • 78. API Price HAXZIXD Creative Founder F2019 79 Source:https://developer.foursquare.com/places
  • 79. Google Ad Price HAXZIXD Creative Founder F2019 80 Source:https://developer.foursquare.com/places
  • 81. FOOZI BUSINESS MODEL CANVAS LOL Key Partners Key Activities Value Propositions Customer โ€จ Relationships Customer โ€จ Segments Key Resources Channels Cost Structure Web Services Bloggers Social Events Restaurants Travel Agency Userbase Marketing & User Acquisition Relationship Building Feature Building Customer Dev Quick Arrangement Information Share Multilingual Reservations Premium Features Friend Network Crowdsourced Restaurant Partnership Social Events International Reach Bloggers / Social Media Users Restaurants Advertising Agencies Businesses Social Events Databases, Servers, User Networks Foodies / U.G.C / Re๏ฌned Search Algorithms / Social Media / Info Feedsโ€จ Lawyers / Customer Development Data / Reviews / Photos / Live feeds Waitlist / Reservations / Promotions Word Of Mouth App Platform Invitation Blogs & Videos Social Media Sharing Advertisements Product Maintenance Development Team O๏ฌƒce Space / O๏ฌƒces Technology Services Customer Acquisition Logistics / Kiosk Revenue Streams In App Advertisements User Clicked Ads Digital Data Restaurants Membership User Premium Membership Social Events Designed For: Designed by: Date: Version: HAXS FOOZI Pitch Haxz 12/01/2019 4 82
  • 82. Market Analysis / Comparative Landscape โ€œCensus Profile: San Francisco, CA.โ€ Census Reporter, https://censusreporter.org/profiles/16000US0667000-san-francisco-ca/. Hale, Robert. โ€œHow to Write Your Restaurant Marketing Budget in 2019.โ€ Toast POS, Toast, Inc., 6 Sept. 2019, https://pos.toasttab.com/blog/restaurant-marketing-budget. Brenner, Michael, et al. โ€œBanner Ads Have 99 Problems And A Click Ain't One.โ€ Marketing Insider Group, 6 Sept. 2019, https://marketinginsidergroup.com/content-marketing/banners-99-problems/. โ€œAn Introduction to Yelp Metrics as of June 30, 2019.โ€ Yelp, https://www.yelp.com/factsheet. โ€œCensus Profile: San Francisco, CA.โ€ Census Reporter, https://censusreporter.org/profiles/16000US0667000-san-francisco-ca/. Comparative Products https://www.yelp.com https://www.zagat.com https://www.rottentomatoes.com https://www.instagram.com https://www.ubereats.com Source Research HAXZIXD Creative Founder F2019 83
  • 83. Comparative Landscapeโ€จ STRENGTH WEAKNESS OPPORTUNITIES THREATS Sorting of all search results made easy โ€จ by user generated content. Search results can be very dense feelingโ€จ overwhelming and ratings can be biased โ€จ or misleading. Data retrieval and research. Because of their user base, they have an โ€จ opportunity to expand into smaller market. Google has become a side by side comparison โ€จ in searching for businesses. Users have Yelp as their mental model of searching for restaurants with increasing sentiment for untrustworthy reviews & ratings. Insights HAXZIXD Creative Founder F2019 84
  • 84. Comparative Landscapeโ€จ STRENGTH WEAKNESS OPPORTUNITIES THREATS Verifying movie ticket purchases before posting and have a criteria to become a โ€จ certi๏ฌed professional reviewer. Website looks out of date. They have an opportunity to capture โ€จ more audience with rebranding. IMDB is the closest to competitor. Great source of user generated content for reviews and ratings. Feels more accurate in representation of what users think of any media release in simple metrics. Insights HAXZIXD Creative Founder F2019 85
  • 85. Comparative Landscapeโ€จ STRENGTH WEAKNESS OPPORTUNITIES THREATS Itโ€™s Instagram. Target advertising based on likes. Photo heavy and easy to use. in๏ฌnite scrolling is a pleasure and an annoyance โ€จ and video editing capabilities could be improved. They could develop their video creation โ€จ and editing features. TikTok is growing in popularity because โ€จ of video content.ย https://www.cleveroad.com/blog/how-much-does-it-cost-to-develop-an-app-like-instagram Disclosed: How Much Does It Cost to โ€จ Make an App Like Instagram? Easy to use platform with photo sharing. They highlight the content that is important for the users and direct content based on their preferences. Insights HAXZIXD Creative Founder F2019 86
  • 86. Comparative Landscapeโ€จ STRENGTH WEAKNESS OPPORTUNITIES THREATS High reputation with a large network of drivers โ€จ makes it easier for them to deliver food โ€จ to their customers. Too many hidden fees and delivery choices โ€จ do not match user desires. Ubereats could give more incentives to their โ€จ users to grow their usage. Food delivery is a competitive landscape and They could lose customers due to high service fees. Easy to use built around the driver network. Brings users to their restaurant choices for delivery and connects customers with restaurants. Insights HAXZIXD Creative Founder F2019 87
  • 87. STRENGTH WEAKNESS OPPORTUNITIES THREATS Professional trusted rating system. The website Looks very elegant exciting to browse pictures. Does not allow users to participate โ€จ outside of voting year. Zagat can grow their network larger if they open Their website to daily users. The rating system could be replaced by other Competitors and is aging in the market. Comparative Landscapeโ€จ Professional and trusted rating system delivering the best of in cities around the United States. Highlights these places with attractive pictures, driving traf๏ฌc. Insights HAXZIXD Creative Founder F2019 88
  • 91. User Side Landing Page HAXZIXD Creative Founder F2019 92
  • 96. Customer Side Landing Page HAXZIXD Creative Founder F2019 97
  • 102. Users Customer Marketing DRIP CAMPAIGN Strategy Email blasts to 100 customers with scaling emails toโ€จ promote customer retention. โ€จ Media Channels Linkedin Network Sharing Medium / UX Post / UXCollective Facebook Groups Instagram Posts Reddit Post Twitter Post User / Customer Acquisition Over a three week period. Restaurant emails were sent out inviting restaurant owners to visit our webpage. Facebook Channels Exe SF - 9,477 Members UXUI - 8,710 Members Mission - 1,282 Members SF Group - 6,589 Members SF Native - 18,264 Members Posted posters around town to attract more users. Facebook posts and Instagram to bring users. HAXZIXD Creative Founder F2019 103
  • 103. Tomoko Co-Owner - Iza Ramen / Blowfish Sushi โ€จ โ€œThe first restaurant opened 20 years โ€จ ago it was really popular , but after โ€จ 10 years it's not so new anymore.โ€ Geoffrey Executive Chef - Ju-ni โ€จ โ€จ โ€œWe focused on quality and experience, โ€จ we didn't need pay for any marketing.โ€ Anderson Owner Tyโ€™s Pho โ€œWe have to use delivery services because they have the customers, if we donโ€™t use them, we stay behind.โ€ Restaurant Owner Interviews HAXZIXD Creative Founder F2019 104
  • 107. Awareness of out products from different channels (Posters, Social media, emailโ€ฆ) Discover our product through landing page Subscribe for the latest news Download product and build out their own pro๏ฌle Go premium Share with other restaurant owners Acquisition Activation Retention Revenue Referral Funnel (Customer) HAXZIXD Creative Founder F2019 89 3Conversion 3.3% 108 Data collection time: 2019/11/4-2019/12/9
  • 108. Awareness of out products from different channels (Posters, Social media, emailโ€ฆ) Discover our product through landing page Subscribe for the latest news Download product and build out their own pro๏ฌle Click through promoting restaurant page Share with other restaurant owners Acquisition Activation Retention Revenue Referral Funnel (User) HAXZIXD Creative Founder F2019 199 25Conversion 12.5% 109 Data collection time: 2019/11/4-2019/12/9
  • 109. Illustration Resource HAXZIXD Creative Founder F2019 110 <a href="https://www.freepik.com/free-photos-vectors/ background">Background vector created by Vectorarte - www.freepik.com</a> <a href="https://www.freepik.com/free-photos-vectors/business">Business vector created by freepik - www.freepik.com</a> <a href="https://www.freepik.com/free-photos-vectors/business">Business vector created by freepik - www.freepik.com</a>