too good to waste
WE HATE WASTE
We never want to see a sandwich
be thrown out again
“I know that places have discount meals, but i don’t know where to
find them”
thats 148,000 Double-Decker busses
$30-40B
The problemwe’re trying to solve
wastage profit connect
a mobile app to sell perishable food to last minute consumers.
The solution
if you’re closing soon, pop in an end-time and you’ll get some bites soon
4pm? 2 Bagels left... take a photo and upload them to lastbite, they’ll soon be turned into profit
push the special deal out in a new way to existing customers, and even new ones
The APP
set the time limit
set the price
snap your produce
9
Revenue model
3 sources of revenue
premium subscription
subscription
one-off pricing
paid specials
transaction fee pricing
in-app purchases
$12.99 - up to 10 products uploaded per week
$19.99 - up to 100 products uploaded per week
$59.99 - unlimited number of products uploaded
$2.99 for a 1 hour special
$19.99 to 1 day special
$39.99 for a 1 week special
$59.99 to ‘bump up’ a special to top of stream
In-app purchase with 30% cut of revenue.
11
Market opportunity in Australia
cafes and restaurants in Australia
$35 x =50,000 $21mper cafe / restaurant
monthly
We expect to convert 8% of market opportunity in the first year$1,680,000
13
Market opportunity in USA
cafes and restaurants in USA
$35 x =per cafe / restaurant
monthly
600,000 $2.52B
We expect to convert 4% of market opportunity in the first year$10,800,000
too good to waste
ADAM MILLER MICHAEL CHEDANI BRECKON BARRY TEOHJOEL HAUER
DesignerDesignerCo-founderCo-founder DeveloperDeveloperUXUXCo-founderCo-founder
@AiMillstar @nolim1t@JoelAmigoHauer @daniib
BEN LEVI
Co-founderCo-founder
@BennyLevi
ADAM MILLER
co-founderco-founder
too good to waste
@AiMillstar
Founder of Tuteable
Experience: 4 previous start-ups, 2 within App space, passionate about online education & transforming industries with mobile technology.
Skills: UX, PPC, SEO, Mobile-optimization, and Marketing strategy.
Knowledge: RMIT bachelor of entrepreneurship, and scholarship to Sweden’s Jönköping University.
Random fact: Has OCD & ADHD.
BEN LEVI
co-founderco-founder
too good to waste
@BennyLevi
Founder of Renting Smart
Experience: Working on start-ups for 5 years. Founder of RentingSmart, and business dev of Krunchbox.com
Skills: Business dev, strategic partnerships, project management, forecasting, User experience design
Knowledge: Bachelor of commerce in Finance & Accounting
Random fact: Proposed to his girlfriend in an Angrybirds game
too good to waste
JOEL HAUER
co-founderco-founder
@JoelAmigoHauer
Founder of WeCo
Experience: Founder of WeCo, co-founder of UnOffice, Business Development manager in UnOil, Digital Producer.
Skills: Branding, design, customer development, project management, SEO, online marketing & creative advertising
Knowledge: Bachelor of commerce in marketing & commercial law
Random fact: Made WeCo profitable within 3 months
too good to waste
DANI BRECKON
UXUX
@daniib
Founder of Utopia Internet
Experience: Web consultant specializing in e-learning, and UX expert
Skills: UX design, project management
Knowledge: Joomla, UX, agile development
Random fact: Fascinated with the art form of learning
too good to waste
BARRY TEOH
DeveloperDeveloper
@nolim1t
Technologist / Developer
Experience: iOS developer, web developer, systems architect
Skills: Ruby, Rails, iOS Dev, Mobile UX, QA Automation (Functional/Performance), System Admin (Linux/Solaris/Windows), and Social Media App Integrations
Knowledge: Tech guru
Random fact: Also brilliant at digital & creative marketing
Programming languages
* Objective-C (iPhone SDK and OS X 10.6)* PHP (v2 to v5.3)* Ruby / JRuby* Rails (Heroku and Standalone deployments)* VBA Scripting / ASP (VB)* Bash/Perl* Python including Google App Engine* Windows Powershell* Some LUA Script* Some ASP.NET (C#). .NET via Windows Powershell mostly. * Some SQL Stored Procedure (MS-SQL)
too good to waste
MICHAEL CHE
DesignDesign
Designer at Soap Digital
Experience: Experienced graphic designer
Skills: Photoshop, Illustrator, Flash, 3D
Knowledge: Bachelor of Visual Arts & Graphic Design
Random fact: Finalist in a highly sort after creative design competition
Competitor analysis
deal & discovery app
try for free dealscharity food
recovery
perishable food app
first in category
ONE OF A KIND
NOW1/08/13
01/10/13
01/11/13launch BETA to
cafe’sbasic free version to validate
consumer demand and convert cafes
basic free version to validate consumer demand and convert
cafes
acquire & convert acquire & convert01/02/14
24
Timeline phasesOur plan
restaurants supermarkets
release version 2
implement venue paid ‘specials’implement venue paid ‘specials’
release version 3implement online transaction
processing model & fee structure
implement online transaction processing model & fee
structure
22 participating cafesas of TODAY
25
QUESTIONS?and possibly some
answers too
www.signup.lastbite.com
too good to waste