Blynk mobile concierge - Elevator Pitch to Investors

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Founding Team Vinay Katwe Lokesh Rao Madhu Guptha (Product Architect) (Channel Sales) (Direct Sales)

Transcript of Blynk mobile concierge - Elevator Pitch to Investors

Page 1: Blynk mobile concierge - Elevator Pitch to Investors

Founding TeamVinay Katwe Lokesh Rao Madhu Guptha(Product Architect) (Channel Sales) (Direct Sales)

Page 2: Blynk mobile concierge - Elevator Pitch to Investors

SummaryBlynk Mobile Concierge is a complete mobile solution specifically built for hotels that

helps hoteliers to easily build unique mobile experience for their guests and staff -

whether to increase revenue, improve guest experience, engage & increase repeat

customers, or to achieve any other business objective.

Key features Hotel Info

City guide

Reservation

Housekeeping

In room Dining

Feedback

check out

Offers / Loyalty

Page 3: Blynk mobile concierge - Elevator Pitch to Investors

How Blynk disrupts the market

Upload content to Blynk CMS (NO CODING)

Hotel Info – Images, Videos

Reservation API, Enquiry form

Staff Info, Feedback form

iPads and Android Tablets

iPhone and Android Phones

All Televisions

Existing Competitive Solution

6- 9 months

$50K to $150K

Developer need to update the app by code changes

3 – 4 days

$1K to $2K

No coding required … customer can themselves update app

Parameter

Time to develop app

Investment ($$) needed to develop app (Android,iOS)

Content updates

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Express

$99

/month

Pro 500 – 50 Rooms

$129 /month

Pro 10051 – 100 Rooms

$199 /month

Pro 100+101+ Rooms

$299 /month

Setup & UsageDesigning Your App, App Store Listing, Android, Apple & TV support, Unlimited Usage, On Cloud

Hotel CMSLive Update

Real Time Reports & Statistics, Guest Request Notifications, Live Management Dashboard

Hotel MarketingSmart Targeted Advertising, Social Media Integration, Hotel Information, Tour & Local Attractions

Guest ExperienceFlight Info, 5 Day Weather Forecast, Local News, Online Entertainment

In Room Dining, One Touch Requests, House Keeping Requests, Concierge Services, Hotel Gift Shop, Laundry, Messages, Express Checkout

Pricing Model

One Time Setup & Design Fee $349 to $499 $499 to $1,499 $499 to $1,499 $499 to $1,499

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Sales / Financials

Customers = 8

Resellers = 4

Trials = 20+

SALES ROADMAP – Next Year

25+ Channel partners globally

$10K / year target per Channel partner

$10K * 25 = $250K / year

INVESTMENT

Investment so far .. = $80K USD

Source of funding = Founders & advisors

Total Revenue so far .. = $40K USD

Funds Required

$50K

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Monthly Subscription (SAM)

Pricing = $100 per month per hotel

$100 * 200K = $20 million / Month

Other Revenue PossibilitiesCity guide – Advertisement Revenue

Hotel guest data analytics - API to Tripadvisor, OTA

Commission against reservation / Orders from guest

Hotels400,000 hotels worldwide (includes 4*, 5* and 7* properties) - TAM

According to Trip Advisor 50% of hotels would implement mobile apps by 2016 = 200K (SAM)

Market Size

* According to the “American Hotel & Lodging Association”, there are 500,000 hotels worldwide* According to Trivago, a site used to compare hotels around the world, there are 718,507. It finds all hotels (motels, inns, etc.) 

$250million / yr

Competitors•Voyego, Slovenia (EU)•Iris Apps, London•Quadriga, UK•Guestware, Seattle•….

$25million / yr

TARGET MARKET

SAM

* Guest Analytics is the fuel that powers successful loyalty programs, marketing campaigns, experience management, and

advanced revenue management

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PRIMARY CONTACT INFORMATIONName: Vinay Katwe

Title: CEOPhone Number: +91 990 144 7416Email Address: [email protected]

http://www.blynk.it/Website

Incubated by Won Most Innovative Product Awards

Recognitions