Trendee - Fashion Mobile Application Business Plan
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Transcript of Trendee - Fashion Mobile Application Business Plan
Neil Kumar Ben Aldern Shirley Song Darrik Carlson Manohar Jonnalagedda Rachel Fu Arielle Patrice Scott
See Search ShopTrendee
The ProblemThe Problem
TV commercials tell you why
to buy something, not how
Directs consumers to local stores
Allows consumers to purchase directly from their phone
Turns TV marketing campaigns interactive
The Trendee SolutionThe Trendee Solution
How it works
Home Item List Item Page
Target MarketTarget Market
Consumers50MM Smartphones
Avg Amer. Spends $1,801 on Clothing
Avg. Amer Watches 4 Hours of TV/Day
Fun Facts“Sex and the City” – 7.3MM Viewers
Project Runway – 3.2MM Viewers
Gossip Girls – 3.5MM Viewers
RetailersOn Avg, 10% of Revenue
For Marketing
Avg $300M Marketing Budget
32 Target Companies
$9.6B Potential Market
Marketing and DistributionMarketing and Distribution
Social Media Pre-Launch
Social Media Pre-Launch Big Launch! Big Launch! Community BuildingCommunity Building
Real-Time
Mobile
Focused Locally
Pop Culture & TV Driven
Product DifferentiationProduct Differentiation
“Trendee bridges pop culture and fashion!”
CompetitionCompetition
Revenue Model
CPM
Percent of Sale
Projected Financial Statements – Selected ItemsYear 2010 2011 2012 2013 2014
Income Statement Items, (in US$ 1,000s)
CPM Fees 631 10,678 28,801 41,059 45,525
Commissions 119 2,133 5,749 8,249 9,192
Total Revenue 750 12,811 34,551 49,308 54,717
Net Income 554 12,353 33,532 47,037 49,636
Balance Sheet Items, (in US$ 1,000s)
Retained Earnings 481 12,833 46,366 93,403 143,039
Cash Flow Items, (in US$ 1,000s)
Operating 555 12,372 33,564 47,087 49,719
Investing (12) (26) (42) (61) (108)
FinancialsStart-up Cost - first 12 months $ 200,000• Product development and testing: $ 80,000• Business development: $ 40,000• General & Administrative $ 52,000
Monthly Fixed Cost $ 8,300• Technology Development $ 5,200• Other operating expenses $ 3,100• Monthly Breakeven: 5,000 users
Return on Investment • 5-yr total return 244 times• 5-yr annualized ROI 200%
Start-up Cost - first 12 months $ 200,000• Product development and testing: $ 80,000• Business development: $ 40,000• General & Administrative $ 52,000
Monthly Fixed Cost $ 8,300• Technology Development $ 5,200• Other operating expenses $ 3,100• Monthly Breakeven: 5,000 users
Return on Investment • 5-yr total return 244 times• 5-yr annualized ROI 200%
Action Plan and TimelineAction Plan and Timeline
•Shopping list•Search•Store info•Location based store finder
•Pictures of inventory
•List of shows•Items featured on episodes
•Subscribe to shows and Celebrities
•Facebook connect
•Request friend’s opinion
•Matching items
•Friend’s opinions on top
•Items prepared for arrival
•Expand beyond fashion TV shows
•Intelligent shopping
•International
Phase 2 Phase 3Phase 1
Team Ben Aldern – Project Manager
2nd year Mechanical Engineering CEO of RootSurge
Arielle Patrice Scott – Marketing 4th year IT-Media VP Marketing of Indinero
Shirley Song – Product development 4th year Chemical Engineering
Darrik Carlson – Product development 2nd year Mechanical Engineering
Manohar Jonnalagedda – Software development 2nd year CS Masters Webmaster of Jazz sur la Plage
Neil Kumar – Software development 3rd year Electrical Engineering/Computer Science Extensive mobile application development experience
Rachel Fu – Financials 4th year Business Administration
Demo
Thank You!
Questions?