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Butterbeds Pitch Deck 1.0
- 1. B u t t e r b e d s Social Booking Platform for Hostels
- 2. Opportunity Travellers have no clear way to connect with other travellers. ! ! ! Events you don’t personally hear from staff or read online, you’ll miss completely. ! ! ! Hostels cannot directly engage customers online.
- 3. Solution Virtual Concierge for hostels to engage customers in decision making process Booking Platform For users to connect if travel dates match Curated List of the best hostels of each city
- 4. Business Model 20,000 hostels in our inventory worldwide Partnership with HostelWorld.com 3% commission per booking $10/month freemium SaaS
- 5. Hostel Industry $93 Billion Market Validation ! 208 Million arrivals annually 10 Nights Booked on average per traveller $34 Billion in Southeast Asia Trips Booked (Worldwide)
- 6. Marketing & Sales Experts in travel & budget living Engaging incumbent guests at hostels Capture 1% of Total Market by 2016 2,000,000 Bookings annually
- 7. Competition Online Booking Curation Social Features Review-Focused
- 8. Financial Projections Beachhead Market: Projected Earnings for first two years 50 bookings per hostel per month Asia Pacific US$189,o00 Profits *Assuming 1.8% captured market share Avg basket size = US$33
- 9. Team Math major Worked at Golden Gate & Red Dot Ventures Architect Numerous awards in design
- 10. Thank you for taking time We’re raising $20,000 in exchange for significant equity