Last Bite 2013 Pitch Deck

too good to waste

Monday, 12 August 13

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”


industrialized countries

222 million tonnes

food production

lost or wasted annually


148,000 Double-Decker busses


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


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Market opportunity in Australia

cafes and restaurants in Australia

$35 x =per cafe/restaurant

monthly

50,000 $21M

Realistically we’d expect to hit 8% of the market in the 1st year$1,680,000


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Market opportunity in USA

cafes and restaurants in USA

$35 x =600,000 $2.52B

Realistically we’d expect to hit 4% of the market in the 1st year$10,080,000

per cafe/restaurantmonthly


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Revenue model

3 sources of revenue

premium subscription

subscription

one-off pricing

paid specials

transaction fee pricing

in-app purchases


ADAM MILLER BEN LEVI BARRY TEOHJOEL HAUER

Strategy DeveloperEntrepreneurChief

too good to waste

@AiMillstar @nolim1t@JoelAmigoHauer @bennylevi


https://twitter.com/nolim1t








Competitor analysis

deal & discovery app try for free deals charity food recovery

perishable food app

first in category

ONE OF A KIND


NOW1/08/13

01/10/13

01/11/13

launch BETA to cafe’s

basic free version to validate consumer demand and convert cafes

acquire & convert acquire & convert01/02/14

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Timeline phasesOur plan

restaurants supermarkets

release version 2

implement venue paid ‘specials’

release version 3

implement online transaction processing model & fee structure

22 participating cafesas of TODAY


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QUESTIONS?and possibly some answers too

www.signup.lastbite.com

too good to waste


http://www.signup.lastbite.com

http://www.signup.lastbite.com

Last Bite 2013 Pitch Deck

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Transcript of Last Bite 2013 Pitch Deck