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Page 1: Caterspot Company Challenge Pres

P R E S E N T E D B Y

B E T T Y P . , C H R I S H . , E L T H A N L . , E T H A N Y .

The road to being the go-to catering platform forSingapore

Page 2: Caterspot Company Challenge Pres

YOUR PERFECTCUSTOMER

Regular - every 2 weeksKnows how to use thewebsiteWilling to pick up catering(no delivery)Low cost of acquisition,high return on investment

Page 3: Caterspot Company Challenge Pres

PERFECTMeet Your

CUSTOMER

Page 4: Caterspot Company Challenge Pres

THIS ISME

Page 5: Caterspot Company Challenge Pres

MARKET SIZE

110,000 5, 570 510

Students in Singaporeanpublic universities

Number of eventsheld each year

Number ofstudent

societies

Page 6: Caterspot Company Challenge Pres

MARKETRESEARCH

Where Are They Finding Caterers

Now?

How Do They React to an

Introduction to Caterspot?

What are Their Suggestions?

Page 7: Caterspot Company Challenge Pres

WHERE DO THEY GO NOW?

Referrals OnlineSearch

ExcelDocuments

Page 8: Caterspot Company Challenge Pres

Keith A.,President,

Investment GroupOrders $6,800

cateringannually.

Rakesh P.,President,

Consulting GroupOrders $850+

cateringannually

Ernest J., Toastmasters &Radio StationOrders $700

cateringannually

Page 9: Caterspot Company Challenge Pres

Annette Y.,International

Relations & PoliticalAssociation

Orders $5,400+catering annually.

Bing Lin G.,RC ^ 3

Orders $1,700cateringannually.

Page 10: Caterspot Company Challenge Pres

"It's easy to use...and convenient."

"...would use as long as it gives the best prices.But right now, it's just information overload."

RESPONSE TO CATERSPOT

"...would use as long as promotions aregood."

Page 11: Caterspot Company Challenge Pres

"...I'm hesitant to try newcaterers, since I know my caterersso well. They recognize me eachtime I pick up the food."

"...I'm looking for the perfect caterer tosuit all my needs."

Page 12: Caterspot Company Challenge Pres

Catering relationships - Addmore personal touch Variety is not the issue.Tackle information overload100% of studentssurveyed suggested a reviewsystem.

CONCLUSION

Page 13: Caterspot Company Challenge Pres

PRODUCT DEVELOPMENT:CASE STUDY

Page 14: Caterspot Company Challenge Pres
Page 15: Caterspot Company Challenge Pres
Page 16: Caterspot Company Challenge Pres

LIVE PROTOTYPE

Page 17: Caterspot Company Challenge Pres
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Page 20: Caterspot Company Challenge Pres

EXECUTION PLAN

Page 21: Caterspot Company Challenge Pres

Now Future

CONTACT DEAN OF STUDENTS

RECRUITING BRAND AMBASSADORS

NEW ACADEMIC YEAR (2017)TARGET STUDENT ORGANISATIONS

EXPANDING INTO OTHERINSTITUTIONS

Page 22: Caterspot Company Challenge Pres

A. CONTACT STUDENTLIFE UNION

$30 OFFMIN. ORDER OF $200

EXCLUSIVE OFFER

Page 23: Caterspot Company Challenge Pres

BRAND AMBASSADORS

Hire 2 brandambassadorsper university.

Brandambassadors

introduceCaterspot to each

studentorganization.

Ambassadors areto pitch to 4

societies per hour..

Page 24: Caterspot Company Challenge Pres

WHY THIS WILLWORK

Word of mouth is highly

effective.

92% of customers trust peer

recommendations. 33% trust

ads.

Cost of execution: $600

Page 25: Caterspot Company Challenge Pres

STUDENTS CATERSPOT

One stop solution -cheaper food,

more choices, andsimpler process

Students usually optfor picking up

catering themselves.

Low cost ofacquisition.

Page 26: Caterspot Company Challenge Pres

RISKS MITIGATION

Dean of Students wants aheavier discount, or free

food.

Competitors followCaterspot's example.

Respond to marketchanges.

Instant problem solving.

Page 27: Caterspot Company Challenge Pres

PROJECTION

10.5% REVENUE

GROWTH CUSTOMERACQUISITION:

$46CPO: $18 INITIAL RETURN

ONINVESTMENT:

500%

Page 28: Caterspot Company Challenge Pres

THANKYOU

Page 29: Caterspot Company Challenge Pres

REVENUE CALCULATIONS

10.5% REVENUE

GROWTH CUSTOMERACQUISITION:

$46CPO: $18

Page 30: Caterspot Company Challenge Pres

ROI & CUSTOMER ACQUISITION

10.5% REVENUE

GROWTH CUSTOMERACQUISITION:

$46CPO: $18