The Casual Courier An alternative way to send packages worldwide.

16
The Casual Courier An alternative way to send packages worldwide

Transcript of The Casual Courier An alternative way to send packages worldwide.

Page 1: The Casual Courier An alternative way to send packages worldwide.

The Casual CourierAn alternative way to send packages worldwide

Page 2: The Casual Courier An alternative way to send packages worldwide.

Mission:

• The Casual Courier (“TCC”) allows users to send packages:

at the speed of overnight for the price of post with the reliability of hand-delivery

Page 3: The Casual Courier An alternative way to send packages worldwide.

Overview:

• Limited options for sending packages:

► Overnight Couriers (FedEx, UPS, DHL):

Prohibitively expensive

► Post Office (USPS):

Very unreliable service

► Personal Courier (Hand-Delivery):

Limited to extremely valuable items

Page 4: The Casual Courier An alternative way to send packages worldwide.

Market:

• About 12 billion packages are sent worldwide each year. (Source: Universal Postal Union)

• UPS, FedEx, and DHL deliver 63% of the world’s packages, generating annual revenue over $126 billion. (Source: Forbes)

• 56% of online consumers abandon their shopping carts due to “expensive shipping charges.” (Source: Ernst & Young)

• 629.7 million domestic passengers traveled on 9.9 million flights during 2004. (Source: US Bureau of Transportation)

Page 5: The Casual Courier An alternative way to send packages worldwide.

Product:

• The casualcourier.com website matches people with packages to send, with travelers who are willing to be couriers.

Page 6: The Casual Courier An alternative way to send packages worldwide.

Process:

1. Users first identify a TCC service:

Package delivery send a package via casual courier

AirSitter assistance find in-flight caregiver

Container sharing share space in large shipment container

Mail-order forwarding send mail-order via casual courier

Page 7: The Casual Courier An alternative way to send packages worldwide.

Process:(continued)

2. REGISTER: Database identifies matching criteria.

3. INVITE: Sender invites courier to

deliver package.

4. PURCHASE: Sender purchases courier’s contact information.

5. CONTACT: Sender contacts courier to arrange drop-off and payment details.

6. DELIVERY: The package is successfully delivered to the recipient.

Page 8: The Casual Courier An alternative way to send packages worldwide.

Example:

• Sam relocated to Paris from Boston.

• Unfortunately, he forgot to bring a box of books.

• Sam asked his father, Simon, to send the box.

Page 9: The Casual Courier An alternative way to send packages worldwide.

Example:(continued)

• Simon spent a few hours shopping around for the best delivery price:

UPS $257

FedEx $450

DHL $389

• Simon even considered sending the box via USPS…

Page 10: The Casual Courier An alternative way to send packages worldwide.

Example:(continued)

Luckily, Simon saw an ad for casualcourier.com

Simon said, “Now I can send my package at the speed of overnight, for the cost of post, and with the reliability of hand-delivery!”

So, Simon registered the box on TCC’s website and found a casual courier traveling to Paris.

Simon purchasedthe courier’s contact information and arranged delivery.

Page 11: The Casual Courier An alternative way to send packages worldwide.

TARGET MARKET:

• TCC attracts economy-class airline passengers with an existing itinerary.

o COURIERS use TCC to:o Reduce travel expenseso Add utility to otherwise uneventful trip

o SENDERS use TCC to:o Drastically reduce the cost of deliveryo Send fragile or sensitive items

Page 12: The Casual Courier An alternative way to send packages worldwide.

CONCERNS:

• TCC has a created policies to ensure a safe user experience:

CONCERN: SOLUTION:

“Is it illegal to carry a package for someone else on a commercial airplane?”

TSA and commercial airlines permit passengers to carry packages for others on flights, so long as the packages do not contain a forbidden item.

“How can I be sure that the package I am carrying does not contain an illegal/dangerous item?”

TCC suggests that “casual couriers” thoroughly examine the package before accepting it from the sender.

“What do I say to a security officer if asked whether I am carrying anything for someone else?”

TCC encourages full disclosure to airline personnel and suggests completing the “Courier Service Agreement” to clarify package ownership.

“How do I know that the person from whom I am accepting a package from is legitimate?”

TCC suggests reviewing the user’s online rating scores and exchanging a photocopy of a picture ID before accepting a package from the sender.

Page 13: The Casual Courier An alternative way to send packages worldwide.

CONCERNS:(continued)

• On-line dating services are one of the “most popular paid services on the internet...[the] industry revenue will reach $516 million in 2005.(source: New York Times, June 30, 2005)

During the early development of online-dating services and eBay, skeptics criticized the unmanageable security risk facing these innovative companies…

• eBay expects total revenues for fiscal year 2005 to be more than $4 billion. (source: CNN Money, April 20, 2005)

• TCC is simply “formalizing” a phenomena that is already occurring worldwide.

Page 14: The Casual Courier An alternative way to send packages worldwide.

BUSINESS MODEL:

• Revenue Sources:– Matchmaker fee– Escrow commission – Advertisement fees– Insurance commission

Page 15: The Casual Courier An alternative way to send packages worldwide.

COMPANY INFORMATION:

• The Casual Courier was founded in 2002.

• The company is incorporated in Delaware, USA and in Israel.

• Trademark applications were filed in 2004 and pending publication.

• Non-provisional patent application for unique claims of “internet-based system and method” was filed in 2004, and pending.

• The casualcourier.com website was launched in December, 2005.

• Within a few weeks of launch, the website received more than 360,000 hits per day and began generating revenue.

Page 16: The Casual Courier An alternative way to send packages worldwide.

CONTACT:

The Casual Courier, Inc.

[email protected]

USA: +1(866)978-0533Israel: +972(54)761-7242