College Wellness Sean Noll Jon Moore Kevin Mcloughlin
- Slides: 12
College Wellness Sean Noll, Jon Moore, Kevin Mcloughlin
The Problem § College students have generally unhealthy eating habits § Unhealthy eating leads to decreased productivity § Students don’t have the time, resources, or skills to live a healthy lifestyle
The Solution
Mission Offer College Students an app that promotes wellness while they’re in school Create a platform that gives college students the best options for maintaining a healthy mind and body
College Wellness Partnering with major grocery stores Stretching budget without compromising healthy food options Pairing home delivery with weekly meal plans to promote healthy living
§ College Wellness focuses specifically on College Students, giving us a niche in the market Our Target Market § Students generally want to have a healthy lifestyle, but don’t have the resources § Because of this, students tend to spend more money on fast food, processed groceries, and other unhealthy items
§ Other grocery/diet apps tend to focus only on Competitive Advantage calorie intake and weight loss § College Wellness incorporates these aspects, adds budgeting and convenience as essential factors § What good is good food if you can’t afford it?
Advertising § Focus on social media § You. Tube ads § Budget of $10, 000
Revenue Streams § $1 from select grocery stores for every order placed through the app § $0. 01 from You. Tube cooking channels for every view they get from app § $5 a month per a premium subscription. (we will sell ingredients at cost to keep affordable, so no money made from that) § We will make extra money by promoting some health food affiliates with offers and samples for users.
Startup cost ~$10, 000 (Domain name, app development, ect. ) Finances Marketing budget ~10, 000 (You. Tube Ads, SWAG, Featuring in app store, Bloggers, PPC, ect. ) Working Capital ~10, 000 (for surprises and additional expenses) 25% equity stake for $10, 000
35% of users buy groceries thru app on average twice a month = $700, 000 a month Profitability at 1 million users 80% of users watch an average of 50 videos a month = $400, 000 a month 10% of users are premium users = $500, 000
Thank you!