2. LOGO
Overview
meagois a mobile application for event patrons to easilyand conveniently purchase mobile tickets for events in the Caribbean
Prototype currently available
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Team Skills
Roxanne Wanliss
Project Manager
Howard Campbell
Advisor, Jamaica
Oneal Anguin
Tech Architect
Caroline Howes
Advisor, UK
ZinziSamuels
Marketing
Jason Als
Developer
Owen Lilly
Developer
•Certified Project Manager
•10 years development experience in various mobile and web technologies
•Design Communication Specialist on team (Marketing)
•Mentors
•UK –experienced entrepreneur
•Ja –business development
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The Customer Pain
A COMMON SITUATION. PATRONS IN TICKET RUSH. SOME LEFT ANGRY, OTHERS DISAPPOINTED!
In Jamaica alone there are approximately 100events attracting over 50,000attendees each month.
•Unfortunately, for these persons to get their tickets for these events, they must:
•Identify places where they can buy the tickets
•Get to those places within opening hours
•And hopethat tickets are not SOLD OUT!
Imagine this situation extended to the 25 millionannual visitors to the Caribbean
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OurUNIQUEsolution
An example of a ticket securely generated by meAgo
37 AVAILABLE
Convenient24/7/365 access to tickets
Real time information on ticket availability
meAgo, the only place you need to know for ALLyour events
uses Enco-Sure™, our proprietary technology that ensures that once a ticket is purchased, event access is guaranteed
facilitates electronic transferring of tickets
provides easy event access using your securely generatedGet, Show, Go™ ticket
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Demo / Video
SCAN
ME
See promo video here : https://www.youtube.com/watch?v=v6iNvvqIzKk
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Competitive landscape and our advantage
MOBILE and always OPEN
All tickets available in ONEplace
Safer than cash transactions
In app PAYMENT
Additional SUPPORTfor event organizers
BRICK & MORTAR TICKET OUTLETS
EVENT SPECIFIC WEBSITES
ERROR!!!
Invalid username ORpassword
INTERNATIONAL
ONLINE TICKETING SITES
LOCAL ONLINE TICKETING SITES
Fontana Pharmacy Rebel Salute YaadTickets.com EventBrite
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The Opportunity (Market size/Target customers)
150,000 annually
Market Growth
At least20% annually
Mobile Penetration
Demographic Info
Smartphone Stats
SOURCES
4millionCaribbean Region
•Market Growth
–50,000customers in our market
–Average customer buys at least 3times per year
–Annual market growth estimated at 20%annually, will be fueled by new customers, increased event listing and increased number of transactions per customer, and geographic expansion across the Caribbean region
•The Market
–Persons in Jamaica within the 20-24 age group,
–primarily university students, smartphone users, sport enthusiasts, in the 25 -54 age group
–SOURCES: Statin, ITU,
–Smart phone user base estimated at 320,000 as at December 2011 and growing
25millionannual visitors to the Caribbean Region
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Business Model
Licenses and Convenience fees 70%
Premium Services 20%
Appertisments
10%
277,626
Estimated Total Net Income projected by the end of third fiscal year stated in USD
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Financials: Projections for 4 years
Year 1
Year 2
Year 3
Year 4
Total Revenues
25,743
535,798
1,240,793
3,101,982
COGS/Cost of sales
8,906
1,815,357
429,247
1,073,118
GrossProfit
16,838
350,441
811,545
2,028,864
Gross Profit Margin
65%
65%
65%
65%
Generaland Admin. Expenses
Salaries
Website
Marketing
Other
62,549
266,572
533,919
1,163,048
Net Profit
(45712)
83,869
277,626
865,816
Net Profit Margin
(-178%)
16%
22%
28%
All figures stated in USD
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Funding Required for the first year, what will it be used for
•meagois currently in the prototype stage
•An investment of USD65,000over a 1 year period would put us at a distinct advantage to allowing us to :
–Meet our targets for our soft launch
–Deploy our marketing and strategy
–Offset mandatory and/or regulatory expenses
–Implement our interim payment solution
–Assure efficient technical maintenance
–Secure a bigger part of the current market
–Secure key hires
–Scale the business to other Caribbean territories
–Deploy the necessary marketing strategy in theses new territories
–Implement the best payment solution
–Realize technical and business infrastructure to scale for growth
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Summary
The team is committed
The product is needed
Themarketis growing
meagois ready
We’re READY!
