Final get grub presenation cct 806 fall 2012 - amir zonozi (12.01
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GetGrub is a mobile app that connects people with great dining experiences by finding restaurants they and their friends and contacts will enjoy. It uses social media platforms like Facebook, Yelp, and Foursquare to seamlessly connect customers and help local businesses through targeted advertising. The initial investment required is $149,497 and will generate revenue through advertising on search pages and competitor profiles.
Final get grub presenation cct 806 fall 2012 - amir zonozi (12.01
- 1. GETGRUB Connect over great food. Amir Zonozi | @Zonozi Georgetown University - CCT 806 - Fall 2012 - Prof. Stephen Minnig
- 2. GetGrub is a fast, fun, way to connect with friends and family over great food. Need Creates amazing dining experiences by connecting people to food they will love. Target Market: GetGrub is for... Tech savvy, urban individuals, friends & dates. Business developers, clients & coworkers. Local business owners How Connects with you & your guests to 鍖nd the perfect place you both will love.
- 3. GetGrub will use platforms to connect with customers seamlessly. (Magician Archetype) Free on the Apple App Store & Google Play Store. Connect with: Facebook, Yelp & Foursquare. Share on more. GetGrub will generate earnings though Paid Targeted Advertising through search and competitor pro鍖le pages.
- 4. The initial GetGrub investment will require $149,497.00 Investment: $145,499.00 Hardware & Software: $5,499.00 Legal: $10,000.00 Marketing & Advertising: $30,000.00 Team Salaries/ Expenses: $100,000.00 NPV = $7,472,895.85 Cost (per year): $3,958.00 IRR = 323% Domain/Hosting: $100.00 Internet + Phone: $3,660.00 App Store Subscription: $198.00 Total Initial Investment: $149,457.00 Total Depreciable Investment: Unit costs are up front, cost after development is for updates. 200 hours estimate for each platform. Pricing Year 1 Year 2 Year 3 Year 4 Year 5 Unit Price $40,000 $20,000 $20,000 $20,000 $20,000 Total Revenue $156,929.85 $164,776.34 $258,261.22 $284,087.32 $326,700.42
- 5. One cannot think well, love well, sleep well, if one has not dined well. - Virginia Wolfe Thank you. Amir Zonozi