Skip The Line PowerPoint for Smarthpitch 2015
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This document summarizes an app that aims to reduce wait times for tourists at popular sites by providing real-time wait time data. The app would collect wait time information from partner tourist attractions and destinations. It would use a forecasting model and users' real-time data to give accurate wait times and alerts. The target market includes both tourists and partner businesses. The founders outline funding needs and a three-stage plan - researching top NYC sites, developing the prototype, and negotiating with local businesses - to launch a beta version connected to the Empire State Building.
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Skip The Line PowerPoint for Smarthpitch 2015
- 1. Undergrad Technologies Rods Keys Tianyi Wang Abid Majeed Smarter Cities Track Most Innovative App
- 2. 1 about our app 2 target market 3 funding and steps CONTENTS
- 3. We collect the information for you and help you “skip the line”! About our app Problem: Lack of information about the waiting time at main tourist sites
- 4. About the app Tourists sites that already have waiting time data Forecasting model Our database Users Real time data Alert Chatting Other relative information nearby Pass ticket purchasing Our partner business Waiting time Search bar filter When can I get in if I start to wait now Brief info View the data in a day/year comment GPS
- 5. OUR STORYTarget market Marketing and Sales Users: Tourists • Local (Within 50 miles) • Nationally • Internationally Customers: Businesses organizations 54.3 million In 2013
- 6. OUR STORYTarget market Time Efficiency Real Time information Social Community Transportation( times and moods) Recommendation Customizable Options Our value to users: 1. Reduce the fluctuation of customers to locations 2. Increase the number of customers 3. Increase revenue 4. Make employees more efficient due to a steady stream of customers. Our value to customers:
- 7. OUR BUSINESS GOAL $244,734 01 02 03 04 Be a part! $107,730 R&D cost (iPhone& Android phone) $50,604 Fixed&Varia ble Cost $86,400 First 3 month’s expenses $259,200 Ongoing costs and expenses With prize money: we will develop the beta prototype (only corporate with Empire State Building)
- 8. 1 2 3 Do research and negotiate with 5 main tourist sites in NYC and pass ticket companies Develop the forecasting model and the beta prototype of the model Negotiate with at least 200 restaurants and at least 200 hotels in NYC around those 5 main tourist sites THIS IS TITLE 1 2 3 4 5 6 7 8 9 10 11 12 Our next step Stage 1 Stage 2 Stage 3 Funding and steps