My Korea Delivery
- 1. My Korea Delivery Connecting foreigners with restaurants in Korea
- 2. Our mission is bring foreigners and small Korean businesses together.
- 3. The problem Most foreigners in Korea are here for a short amount of time and never learn to speak Korean. Chart: Average time an expat spends in Korea before leaving 1 year 3 years 4+ years 2 years 40% 30% 15% 15%
- 4. In 2012, 11.1 million foreign tourists visited South Korea, and most do not speak Korean.
- 5. The solution Eliminate the language barrier Our mobile application connects non-Korean speakers to Korean restaurants so they can order delivery or takeout food in their native language.
- 6. How it works Step 1 Order food Our application has Korean restaurants menus pre-loaded, all in English. Only the restaurants near the users delivery area are displayed. Step 2 Receive Order Restaurants get the order already translated into Korean on a tablet we provide. Restaurants send a confirmation message with estimated delivery time to the customer. Step 3 Get food The restaurant delivers the food and the cash or card payment is accepted at the door just like a traditional phone order. There is no middle man.
- 7. Customer Technology My Korea Delivery Android and iOS applications
- 8. Restaurant Technology Dedicated My Korea Delivery tablet for taking orders
- 9. Choose food type Select store and food Confirm order Wait for delivery! English-speaking Customer
- 10. Receive order on a My Korea Delivery Tablet Korean-speaking Restaurant Owner Send confirmation message 010-1111-2345
- 11. Revenue model Consumer Per-use charge 1000 won added to each order Restaurant Free Restaurants use the service for free Possible subscription fee in the future Customer
- 12. Who will use it? +80% of foreigners said they would order delivery food at least once a week* *based on a 2014 survey in Daejeon
- 13. How many customers are out there? Daejeon ~15,000 Foreigners ~2000 Westerners ~11,000 Chinese Seoul ~700,000 Foreigners ~40,000* Westerners ~100,000 Chinese *Does not include military personnal, a very large potential revenue source
- 14. How much money can be made each month? Customers Daejeon Seoul Korea Westerners only 1,000,000 20,000,000 28,000,000 Chinese 6,500,000 50,000,000 76,000,000 Total 7,500,000 70,000,000 104,000,000 50% user rate, averaging 1 order / month Does not include military personnel or tourists
- 16. Social Media Advertising Foreigners in Korea are almost all members of special Facebook groups Advertising on these groups is highly effective
- 17. How do we differ from the competition? Consumer English, Chinese, and other language support Simple design for foreigners by foreigners Restaurants hand-selected for foreigners taste Personalized service with dedicated representative Free for restaurants to use! Only Korean Complicated design Restaurants not selected for foreigners Large and impersonal business model Restaurants charged a fee for use
- 18. Whats makes My Korea Delivery different? We care about the success of the restaurants. - Personalized service - No fee for restaurants - Consumer-direct ads
- 19. We are now operational in Daejeon and have plans to expand Phase 1: February 2016 Phase 2: July 2016 Phase 3: Aug 2016 伎 螳襷 蟠 螳 襷 覺覈 磯 1 焔 磯 2 磯 3 ル Limited Service Area (Pizza Only): April 2016 , 螳襷, 蟯伎, 襷, 磯 朱讌, 磯, 覦, 覓碁, 螳ル, れ, 譴豐, 語, 覦, 讌譟焔, 焔, 蠍磯, 覈, 譯暑, 企, 覺覈, 蟠, 蟲, , ル, 覲旧, 螻, 朱讌
- 20. We are now partnered with big-name restaurants Pizza Chicken Western Asian
- 21. We are receiving customer orders every day 3 Weeks Active (Beta Test)3 Download requests (蟲, 炎規 only) 45 Daily customer orders 120 Current users (Dunsan region only)
- 22. We are currently conducting beta testing in Daejeon. We need funding to help expand and grow the company throughout Korea.