it’s baking, batches! (ibb)
DESCRIPTION
Technovation Challenge 2013 Powerpoint for the Digital Divas Tiffany Wu, Lilly Shen, Sam Grubb, Elaine ThaiTRANSCRIPT
It’s Baking, Batches!(IBB)
The Digital Divas
Fat Facts● Obesity has increased dramatically in the United States
since 1990
● More than one out of three adult Americans is obese
(35.7%)
● 15% of children and teens are obese
● In 2008, medical costs associated with obesity were
estimated at $147 billion
Sources: National Geographic, CDC, Livestrong
Source: CDC
Filthy Facts● More food reaches landfills and incinerators than any
other single material in municipal solid waste (14%)
■ Contributes to almost 25% of methane emissions
■ Costs $1.3 billion to transport and dump in landfills
● On average, American families throw away 20 pounds of
food each month
■ Amounts to $2,275 a year for a family of 4, according to U.S.
Department of Agriculture
● In 2012, Americans threw out about $180 billion worth of
food
Sources: EPA, Bloomberg Business Week
Source: Next Generation Food
Problems● Obesity and food waste are obviously big
problems in our society
● Obesity affects the health and lifestyles of
many
■ Low self-esteem, depression, health related problems
● Food waste leads to loss of money,
environmental problems
■ Greenhouse gas emissions
■ Waste of other resources as well
IBB's Goal● IBB seeks to improve the lives of many while
looking out for the environment
● Improve the health of users
■ Encourages cooking at home versus eating unhealthily at restaurants
(especially fast food)
● Reduce food waste
■ Save money and the environment
● Make cooking fun and easy
Features and Functions ● Inventory: users input how
much of a food or ingredient
they have at home
■ Expiration date can be input,
can notify user about upcoming
expiration
■ Keeps track of what the user
has to prevent too much food
and ingredients from being
purchased
● Shopping list: a checklist of what to buy at the store
Features and Functions
All-purpose flour
1 dozen eggsBananasWheat bread
● Search function for
recipes
■ Look for recipes by
searching with keywords
■ Look for recipes
according to what is
within the inventory
kept by the user
■ Bookmark favorite
recipes
Features and Functions
● Recipe box: a repertoire of recipes
■ Submit an original recipe to save
■ Saves bookmarked recipes as well
Features and Functions
Target Consumers● People of all ages and backgrounds cook
(large consumer base)
● The app is for anyone who cooks or wants to
begin cooking
■ Those who want to begin eating more responsibly
● Advertising to reach consumers
■ Targeting younger base: social media sites
■ Targeting older base: cooking sites, magazines, TV channels
Value Proposition● The app will be free; people less willing to
download an app that they have to pay for
● Advantage over competitors
■ Inventory keeps tabs on food and ingredients
■ Tracks expiration dates
■ Can search recipes based on inventory ingredients
● More functionality than other recipe apps
● Also more practical, versatile, efficient
Revenue● Most of our competitors offer their apps for
free, so we will too■ A recent study by Manoogian of 140 proof notes that only 0.2% of
paid apps are downloaded more than 10,000 times, while 20% of
free apps are
● Revenue generated through relevant
advertising■ Ads relating to health and cooking
■ Ads must be relevant to prevent annoying customers