Thomas Zheng Carolyn Ray Chris Mackey Michael Levin Irene Chen Michael Campos.

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MAKE IT FUN FOR FIRST TIME CAR BUYERS Thomas Zheng Carolyn Ray Chris Mackey Michael Levin Irene Chen Michael Campos

Transcript of Thomas Zheng Carolyn Ray Chris Mackey Michael Levin Irene Chen Michael Campos.

Page 1: Thomas Zheng Carolyn Ray Chris Mackey Michael Levin Irene Chen Michael Campos.

MAKE IT FUNFOR FIRST TIME CAR BUYERS

Thomas ZhengCarolyn RayChris MackeyMichael LevinIrene ChenMichael Campos

Page 2: Thomas Zheng Carolyn Ray Chris Mackey Michael Levin Irene Chen Michael Campos.

Problem 1: Too Much Information

Overwhelmed

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Problem 2: Getting Ripped Off

This is your first car! This is how much you paid!

The Fear of Getting Ripped Off

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Solution: Gamification

Design and promote

games to decide what car to buy

games to get the car at a fair price

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A Game for Deciding

Facemash meets Edmunds.com

Old way New way

Friend Support

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A Game for Buying

A multi-player online game

Them

You

Vs.

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Business Model

Anonymous Preference Data for Sale

Online Advertisement

Click To Buy

Referral for Financing and Insurance

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Marketing And Sales

Facebook

College Campuses

Dating Sites

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Competition

Edmunds Consumer Reports AAA

Zynga Mobile Game Developers

Dealerships Online Automobile Marketplace

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Team

Neuroscientists Game Developers Machine Learning Experts Business Developers Domain Experts in Automobile

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Milestones 12 Month Milestones

Reach 1M active users Obtain funding for Year 2

development 18 Month Milestones

Data Analytics Contracts with at least 1 car manufacturers

24 Month Milestones Convert 1% of users to purchase a car

on our site Expand to other niche markets, e.g.

women

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Financial Projections

1st year development cost: $100K

Estimated 3.6M cars purchased by First Time Car Buyers

$200 per car referral fees

$50 per 1000 insurance policies

$100 per 10000 auto loans

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Projections

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Timeline

Game Design (2 -4 months)

Data Analytics Tools (2-6 month)

Web Design (1 month)

First car sold on our site (12 months)