Find all happenings in your city
Localite+
• Localite+ is a personalized event listing based on user’s interests.
• It gives a user access to all types of events with lot of interesting data
  like number of people going for the event, photographs, live twitter
  feed of the event, etc. to help him to decide to attend or not.
• User can also purchase event tickets on the site.
• User can also create an event and invite people.
• User / Event Organizers can also create a tentative event to see public
  interest and then proceed to actual event.
Prototype
Customer Feedback - Users
• We spoke to 40 potential users (34 national and 6 international)
• Most people get the event information from various online groups
  they belong to.
• Few people followed few event websites, but did not like the
  following things:
      • User experience
      • Not personalized
      • Unnecessary and irrelevant ads
• Few people liked the weekly mailers that the event website sends
  currently, but would prefer a personalized one.
Customer Feedback – Event Organizers
• We spoke to 4 local event organizers on how they market
• They usually use Facebook and few community websites to advertise
  their events.
• They post it to online groups or company forums via friends and
  family.
• They pay around 5000-10000 INR (100 – 200 USD) if they are
  advertising an event on an event website. In return they take a
  written guarantee on the minimum number of people who would
  click and buy tickets.
Market Size
• Competition Analysis:
   • Approximately 0.75 - 1 Million users are using competitive sites and apps
     across 7-8 major cities in India.
   • Each website is earning a revenue of 10 Million INR (0.2 Million USD) from ads
     by reaching 7-8 major cities across India.
• Based on the competition analysis, we calculate the market size:
   • Going international early on, if we cover 70-80 cities, we can assume 20x
     revenue, around 4 million USD based on only on ads.
   • Selling tickets of some exclusive events we can assume another 4-6 million
     USDs.
• Assuming 100% growth in the market in the next 3 years, we can
  assume the market size of 40 Million USD.
Marketing Strategy
• Marketing Strategy will be pretty simple:
   1. Gather the attention of the event organizers and people who regularly go out to
      city events.
   2. Gather the attention of the friends of these people to visit and get interested.
• Following marketing channels will be used:
   • Social Media: Through Facebook, Twitter, G+ and Pinterest.
       • Using raffles for some exclusive tickets, etc.
   • Online Groups: Interest like Meetups, City Google Groups etc.
   • Partnering with some event organizers for marketing. (We advertise for free on the
     site, they will advertise for free in the event.)
   • Sponsoring college events
   • PR

Localite+

  • 1.
    Find all happeningsin your city
  • 2.
    Localite+ • Localite+ isa personalized event listing based on user’s interests. • It gives a user access to all types of events with lot of interesting data like number of people going for the event, photographs, live twitter feed of the event, etc. to help him to decide to attend or not. • User can also purchase event tickets on the site. • User can also create an event and invite people. • User / Event Organizers can also create a tentative event to see public interest and then proceed to actual event.
  • 3.
  • 4.
    Customer Feedback -Users • We spoke to 40 potential users (34 national and 6 international) • Most people get the event information from various online groups they belong to. • Few people followed few event websites, but did not like the following things: • User experience • Not personalized • Unnecessary and irrelevant ads • Few people liked the weekly mailers that the event website sends currently, but would prefer a personalized one.
  • 5.
    Customer Feedback –Event Organizers • We spoke to 4 local event organizers on how they market • They usually use Facebook and few community websites to advertise their events. • They post it to online groups or company forums via friends and family. • They pay around 5000-10000 INR (100 – 200 USD) if they are advertising an event on an event website. In return they take a written guarantee on the minimum number of people who would click and buy tickets.
  • 6.
    Market Size • CompetitionAnalysis: • Approximately 0.75 - 1 Million users are using competitive sites and apps across 7-8 major cities in India. • Each website is earning a revenue of 10 Million INR (0.2 Million USD) from ads by reaching 7-8 major cities across India. • Based on the competition analysis, we calculate the market size: • Going international early on, if we cover 70-80 cities, we can assume 20x revenue, around 4 million USD based on only on ads. • Selling tickets of some exclusive events we can assume another 4-6 million USDs. • Assuming 100% growth in the market in the next 3 years, we can assume the market size of 40 Million USD.
  • 7.
    Marketing Strategy • MarketingStrategy will be pretty simple: 1. Gather the attention of the event organizers and people who regularly go out to city events. 2. Gather the attention of the friends of these people to visit and get interested. • Following marketing channels will be used: • Social Media: Through Facebook, Twitter, G+ and Pinterest. • Using raffles for some exclusive tickets, etc. • Online Groups: Interest like Meetups, City Google Groups etc. • Partnering with some event organizers for marketing. (We advertise for free on the site, they will advertise for free in the event.) • Sponsoring college events • PR