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Project Presentation
Market Sizing - SWOT Analysis
09.03.2015
Competitors
Lean Entrepreneurship Project -
MyNearBite.com
Restaurant Listing Deals & Vouchers
SWOT: Zomato
Lean Entrepreneurship Project -
MyNearBite.com
WEAKNESSES
- Low turnover of content
- Diverse App features
- Not customized for each target
market
- Low Brand Awareness in Europe
STRENGTHS
+ Strong workforce (establishing
partnerships; uploading content)
+ Centralized IT Development
+ Sophisticated Mobile Apps
+ Network Effect (through Point
System)
OPPORTUNITIES
+ Delivery Service
+ Expansion to Europe and
Emerging Markets
THREATS
- Competition through entrants or
pages with more features (e.g.
delivery)
SWOT: Deal Pages
Lean Entrepreneurship Project -
MyNearBite.com
WEAKNESSES
- Concentrated market (many
players offering deals)
- Requires stronger relationships
with restaurants
- Higher staff cost structure
STRENGTHS
+ Stronger sources of revenues
(e.g. exclusive Partner, Fees)
+ Big Data Base
OPPORTUNITIES
+ Scalability of business model
+ Delivery service
+ Ecnomic criisis and itsimpact
on consumers‘ habits
THREATS
- Insufficient customer/partnership
relationships resulting in brand
reputation damage
- Substitutes
- Trends shift away from deal pages
SWOT: MyNearBite
Lean Entrepreneurship Project -
MyNearBite.com
WEAKNESSES
- Dependance on restaurants
- "Easy" to copy
- Focused on affordable meals,
potential lack of all type of meals
- Financially constrained
STRENGTHS
+ Easy App design - adequated
for needs of target customers
+ Focus on food meal offers
+ ‘Restaurant friendly’ platform
+ Geographic advantage
OPPORTUNITIES
+ Scalability of business model
+ Economic Crisis (impact on
consumer's behavior)
+ Booming app sector of 'nearby'
services
THREATS
- Strong competition
- Substitutes
TAM, SAM, SOM
Lean Entrepreneurship Project -
MyNearBite.com
TAM
European Population
Students Business People
% of Population Employment-Population-Ratio
% of Urban Population
SAM
Inhabitants of Lisbon
Enrolled Students
Smartphone Penetration
Enrolled Students
Smartphone Penetration
Commuters
Market Share
Android Penetration Android Penetration
SOM
Within our customer segment
TAM, SAM, SOM
Lean Entrepreneurship Project -
MyNearBite.com
TAM
Students Business People
19.715.920 337.987.200
SAM 67.369 206.483
5.390 16.519SOM
Google Adwords Approach
Lean Entrepreneurship Project -
MyNearBite.com
Google Adwords Approach
Lean Entrepreneurship Project -
MyNearBite.com
Traffic
Source
Share of
Traffic
Telepizza
(100%)
Zomato
(100%)
Tripadvisor
(25%)
NoMenu
(100%)
Total
1. TAM Companies Search 40%
165.000 12.100 18.500 6.600 202.200
Direct 40%
165.000 12.100 18.500 6.600 202.200
Referral 20%
82.500 6.050 9.250 3.300 101.100
100%
412.500 30.250 46.250 16.500 505.500
Food-related Search
4.900
Total
510.400
2. SAM Companies Search 40%
74.000 9.900 6.750 3.600 94.250
Direct 40%
74.000 9.900 6.750 3.600 94.250
Referral 20%
37.000 4.950 3.375 1.800 47.125
185.000 24.750 16.875 9.000 235.625
Food-related Search
1.960
Total
237.585
Google Adwords: Search Volume
Lean Entrepreneurship Project -
MyNearBite.com
Strong increase in
search volume for
all keywords
2000 searches
per month
Zomato with
impressive recent
development
Google Adwords: Search Volume
Lean Entrepreneurship Project -
MyNearBite.com
Strong increase in
search volume for
all keywords
2000 searches
per month
Zomato with
impressive recent
development
Zomato with
impressive recent
development
Google Adwords: Highlights
Lean Entrepreneurship Project -
MyNearBite.com
“Prato do Dia” with a huge
increase
Marketing View – Saldanha
as an attractive area for
restaurant partners
Sources
Lean Entrepreneurship Project -
MyNearBite.com
Smartphone Penetration in Portugal:
http://www.jn.pt/PaginaInicial/Tecnologia/Interior.aspx?content_id=4114579
Android Market Share Iberia:
http://www.latinospost.com/articles/32200/20131207/ios-vs-android-market-share-
2013-spain-google-os-tops.htm
Google KeyWord Planner:
https://adwords.google.com/cm/CampaignMgmt?authuser=1&__u=3409423518&__c=21
55547598#r.ONLINE&app=cm
Population Portugal:
https://www.cia.gov/library/publications/the-world-factbook/geos/po.html
Commuters Lisbon:
Censos 2011 Report

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Updated swot, tam, sam, som (1)

  • 1. Project Presentation Market Sizing - SWOT Analysis 09.03.2015
  • 2. Competitors Lean Entrepreneurship Project - MyNearBite.com Restaurant Listing Deals & Vouchers
  • 3. SWOT: Zomato Lean Entrepreneurship Project - MyNearBite.com WEAKNESSES - Low turnover of content - Diverse App features - Not customized for each target market - Low Brand Awareness in Europe STRENGTHS + Strong workforce (establishing partnerships; uploading content) + Centralized IT Development + Sophisticated Mobile Apps + Network Effect (through Point System) OPPORTUNITIES + Delivery Service + Expansion to Europe and Emerging Markets THREATS - Competition through entrants or pages with more features (e.g. delivery)
  • 4. SWOT: Deal Pages Lean Entrepreneurship Project - MyNearBite.com WEAKNESSES - Concentrated market (many players offering deals) - Requires stronger relationships with restaurants - Higher staff cost structure STRENGTHS + Stronger sources of revenues (e.g. exclusive Partner, Fees) + Big Data Base OPPORTUNITIES + Scalability of business model + Delivery service + Ecnomic criisis and itsimpact on consumers‘ habits THREATS - Insufficient customer/partnership relationships resulting in brand reputation damage - Substitutes - Trends shift away from deal pages
  • 5. SWOT: MyNearBite Lean Entrepreneurship Project - MyNearBite.com WEAKNESSES - Dependance on restaurants - "Easy" to copy - Focused on affordable meals, potential lack of all type of meals - Financially constrained STRENGTHS + Easy App design - adequated for needs of target customers + Focus on food meal offers + ‘Restaurant friendly’ platform + Geographic advantage OPPORTUNITIES + Scalability of business model + Economic Crisis (impact on consumer's behavior) + Booming app sector of 'nearby' services THREATS - Strong competition - Substitutes
  • 6. TAM, SAM, SOM Lean Entrepreneurship Project - MyNearBite.com TAM European Population Students Business People % of Population Employment-Population-Ratio % of Urban Population SAM Inhabitants of Lisbon Enrolled Students Smartphone Penetration Enrolled Students Smartphone Penetration Commuters Market Share Android Penetration Android Penetration SOM Within our customer segment
  • 7. TAM, SAM, SOM Lean Entrepreneurship Project - MyNearBite.com TAM Students Business People 19.715.920 337.987.200 SAM 67.369 206.483 5.390 16.519SOM
  • 8. Google Adwords Approach Lean Entrepreneurship Project - MyNearBite.com
  • 9. Google Adwords Approach Lean Entrepreneurship Project - MyNearBite.com Traffic Source Share of Traffic Telepizza (100%) Zomato (100%) Tripadvisor (25%) NoMenu (100%) Total 1. TAM Companies Search 40% 165.000 12.100 18.500 6.600 202.200 Direct 40% 165.000 12.100 18.500 6.600 202.200 Referral 20% 82.500 6.050 9.250 3.300 101.100 100% 412.500 30.250 46.250 16.500 505.500 Food-related Search 4.900 Total 510.400 2. SAM Companies Search 40% 74.000 9.900 6.750 3.600 94.250 Direct 40% 74.000 9.900 6.750 3.600 94.250 Referral 20% 37.000 4.950 3.375 1.800 47.125 185.000 24.750 16.875 9.000 235.625 Food-related Search 1.960 Total 237.585
  • 10. Google Adwords: Search Volume Lean Entrepreneurship Project - MyNearBite.com Strong increase in search volume for all keywords 2000 searches per month Zomato with impressive recent development
  • 11. Google Adwords: Search Volume Lean Entrepreneurship Project - MyNearBite.com Strong increase in search volume for all keywords 2000 searches per month Zomato with impressive recent development Zomato with impressive recent development
  • 12. Google Adwords: Highlights Lean Entrepreneurship Project - MyNearBite.com “Prato do Dia” with a huge increase Marketing View – Saldanha as an attractive area for restaurant partners
  • 13. Sources Lean Entrepreneurship Project - MyNearBite.com Smartphone Penetration in Portugal: http://www.jn.pt/PaginaInicial/Tecnologia/Interior.aspx?content_id=4114579 Android Market Share Iberia: http://www.latinospost.com/articles/32200/20131207/ios-vs-android-market-share- 2013-spain-google-os-tops.htm Google KeyWord Planner: https://adwords.google.com/cm/CampaignMgmt?authuser=1&__u=3409423518&__c=21 55547598#r.ONLINE&app=cm Population Portugal: https://www.cia.gov/library/publications/the-world-factbook/geos/po.html Commuters Lisbon: Censos 2011 Report