GoCicero - liceomalpighi.itGoicero’s Development December 2018 - Launch in Rome: based on market...
Transcript of GoCicero - liceomalpighi.itGoicero’s Development December 2018 - Launch in Rome: based on market...
GoCicero
Things will be great when you’re downtown
cit. Petula Clark - Downtown
THE PROBLEM
● STANDARD itineraries● MISSING OUT on the
most characteristic places
GoCicero: THE SOLUTION
Where every tour guide cansign in, in order to propose hisor her itineraries...
...and where every tourist canbook a PRIVATE GUIDEDTOUR, according to whatbest suits him or her!
WHAT DOES GoCicero OFFER?
● CUSTOMIZED Tour Itineraries● UP-TO-DATE INFOS offered
by professional guides ● OFF-THE-BEATEN-TRACK
tours
HOW DOES GoCicero WORK?
1. Access or create anaccount
2. Choose a city
HOW DOES GoCicero WORK?
3. Filter your research, basedon your interests
4. Choose the favorite guide
5. Proceed with payment
NOW YOU ARE READY TO MEET YOURGUIDE!
REVENUE MODEL
Tourists Guides Revenues
% paymentVia GoCicero
30€ 25%
HOW DO WE GET USERS?
● Partnerships with AirBNB’s private hosts and Hotels (64% of all hotel owners are asked to reference a tour guide)
● Users can invite friends⇒ discount on their next
booking
● Advertisement on socialmedia
COMPETITORS
CUSTOMIZED
HIGH-QUALITY INFO
Google Trips
Yamgu
Lonely Planet
Trip Advisor
GoCiceroTour Guides
COMPETITORS
● YAMGU: App that allows its users to research up-to-date trends and events, in order to see the city with the eyes of those who live there everyday.
● GOOGLE TRIPS: Website which collects itineraries for more than 200 cities around the world.
● TRIP ADVISOR: Website based on the reviews of the users● LONELY PLANET: A book guide which suggests hotels,
restaurants, and more, but which lacks of personalization.● However, none of these businesses offer private tours
with professional tour guides.● TOUR GUIDES: Professionals who are highly informed,
but have just a specifical yet standardized itinerary.
OUR SURVEY’S OUTCOMES
Usually, what do you use to plan your holidays?
http://bit.ly/GoCiceroSurvey
OUR SURVEY’S OUTCOMES
What is the destination you are more likely to travel to?
http://bit.ly/GoCiceroSurvey
OUR SURVEY’S OUTCOMES
If it existed a free app that created an itinerary based on your interests, would you use it?
http://bit.ly/GoCiceroSurvey
THE INITIAL TARGET60 million tourists in Italy
* Data Source: Istat - 2017
40% uses tour guides while visiting Italy
More than 30% of the tourists are between the age of 35 and 45: our target
43% visit Rome
THE INITIAL TARGET60 million tourists in Italy
* Data Source: Istat - 2017
40% uses tour guides while visiting Italy
More than 30% of the tourists are between the age of 35 and 45: our target
320.000.000 €/Y
SCALING ON THE TARGET
* fonte dati: Istat - 2017
650.000.000 €/Y 7.000.000.000 €/Y
A FLOURISHING MARKET
● 5% growth from 2017 to 2018
● 3% growth of cultural cities chosen as holiday destinations
S.W.O.T.
STRENGHTS● Crowd sourced contents● Selecting an itinerary based on
the tourist’s own interests● Booking a tour guide in advance.● Verifying the availability of local
guides● Suggesting uncommon point of
interests
WEAKNESSES● It is a service that the user
will not use constantly● It’s a seasonal business
OPPORTUNITIES● It’s a new method to select the
best guide available, prompt andsafe
● Its market is growing● Possibility to expand our services
to other kind of customers
THREATS● Possibility of not managing
to being noticed enough to overtake the competitors
● It has a market with many possible competitors
● Tour Guides Union
GoCicero’s Development
ROMEDecember 2018
FLORENCEDecember 2019
NAPLESVENICEMILAN
September 2020
ITALY2021
EUROPE2022
EXIT2023
1.000 Monthly
Users
3.750 Monthly
Users 4.500 Monthly
Users
12.000 Monthly
Users
16.500 Monthly
Users
23.500Monthly
Users
GoCicero’s Development
● December 2018 - Launch in Rome: based on market trends
● December 2019 - Launch in Florence: expanding the clientele, thus increasing the revenues
● Starting March 2020 - Launch in Naples, Milan and Turin reaching the break even point
● In 2021 - Inclusion of other famous touristic destinations in Italy
● January 2022 - Launch in London: the most visited city in Europe, then we will begin expanding globally.
BREAK EVEN CHART
March 2020
INCOME STATEMENT
BALANCE SHEET
SENSITIVITY ANALYSIS
SENSITIVITY ANALYSIS
Best-case Scenario 30% Growth in Profit
SENSITIVITY ANALYSIS
Worst-case Scenario 40% Decrease in Profit
THE DEAL
85.000€
15% of equityin exchange for
THE TEAM
Baccilieri Livia
Guerra Sebastiano
Missori Matteo
Montaletti Lorenzo
Roccabianca Giulia
Vincenzi Francesca
Bisi LucaTourism Specialist
Marketing & Sales
UX & Design
Guides manager
Product Manager
Finance & Accounting
Administration
Thanks!GoCicero
Things will be great when you’re downtown
cit. Petula Clark - Downtown