amazon for health and fitness - angle paisa · zomato/swiggy both website (operational) app( in...
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Amazon for Health and Fitness
$11.2
Billion
$1.8
Billion
$300
Million
16-18%
10-15%
150%
Health and Fitness
Industry
Health Food
Sector (Nascent Sector,
High opportunity)
Online Food
Industry (as of 2016)
Indian Industry Size - 2017 Expected Growth
Industry Overview
Food service sector market share in 2016 : INR 3.1 trillion, out of which 33% is organized and 67% is unorganized Source :Nielsen Global Health / Wellness Survey
Opportunity
2% Very overweight
8% Overweight
27% A Little Overweight
51% About the Right weight
12% Underweight
79% 65% 11% 10% 5%
Doing Physical Exercise
Changing Diet
Diet Pills/Bars /Shakes
Medicines (Prescribed)
Others
India’s population who want to transform. (Potential Target Population)
Sources: Nielsen Global Health / Wellness Survey Nielsen’s Global Ingredient and Dining-Out Trends
Moving towards
47%
Primary Reasons : 1.Unhealthy eating habits, 2. No exercise , 3. Disease
Health Conscious People, 21% Indians go gluten-free, 45% are vegetarians
30-35%
(Early Adopters, age group 20-40 Years)
Market Dynamics
Growing young population
Rapid Urbanization and westernization
Growing disposable income and Higher discretionary expenditure
Rising lifestyle, diseases, obesity, diabetes etc.
Rising awareness of healthy lifestyle among Indians
Industry least affected by slowdown in economy
Problem
Problem
PRICE As per our primary research price is an important concern for customer for not adopting healthy eating habits
TASTE Perception of diet food/health food is considered to be non tasty
AVAILABILITY Leaves customers to switch to unhealthy junk food
WASTAGE A promise to provide too many options leads to wastage of food
TIME & KNOWLEDGE
Less time, lack of knowledge and more work give no choice to think about healthy options but to eat anything available at cafes/local food vendors
Placement Delivery Scheduling
Solution Making available a freshly prepared, ready to eat
healthy(defined nutritional facts) meal at an affordable price to the customer.
How
Why Placement is important? -Food and grocery retail constitute 60-65% of the total retail market in India. -Retail mode : 98% offline sales vs 2% online. Source: KPMG -Indias-food-service Report
Unique Value Proposition. First Mover Introducing Artificial Intelligence to understand customer dietary preference, schedule and provide meals on time.
Business Model Placement Ordering Scheduling
Availability Local market, gyms, corporates etc.
30-45 mins delivery time at home/ /gyms/Offices
Fresh delivery as per scheduled diet plan
Wastage None for customer Rationally low for Bonpiti
None for customer None for Bonpiti
None for Customer None for Bonpiti None for Vendor
Price Low (Avg Rs 60-150)
Medium (Rs 200-300)
Medium (Rs 100-200)
Taste Better taste without compromising quality and health
Better taste + dynamic menu
Good taste but focused area is more health and quality.
Time and Knowledge
Placement at high footsteps area + Food information on packing
On time delivery + Food information on packing
Zero waiting time for customer + Food information on packing
Execution Plan
Market
Analysis
Placement
(Phase I)
Placement
(Phase II)
- Introduce
delivery
- Placement
(Phase III)
Delivery
(Phase II)
- Placement
(Phase IV)
-Placement
-Delivery
-Introduce
Scheduling
First Month Second Month Third Month Fourth Month Fifth Month Sixth Month
City Wise Planning First 6 months execution plan per city
Growth Plan
Note : 1. Calculations as per pessimist approach taking average SKU cost as Rs 63(Current servings) which will go upto 150
2. The ordering and scheduling is a comparatively premium service which will generate more revenue and profits.
Estimated Revenue
Gurgaon Noida Delhi Chandigarh Jaipur
-
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
14,000,000
16,000,000
18,000,000
20,000,000
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
Re
ven
ue
(Cro
re)
Month
Placement
Delivery
Scheduling
Total Expected Revenue (INR) by 2020
189,422,434
Other Revenue’s Streams
Stalls/Food Vendors for events
Gyms/Dietition/ Trainers/coach
Services
Affiliate Programs
A complete set of services to create a fitness community and to bring body transformation.
Future Planning
IOT Based Machines
Product development
based on data
Hot and cold
food and beverage
Faster customer
acquisition
Artificial Intelligence
Better Body
Transformation
Mechanism
Custom dietary
preference. Enhance
personal user
experience
Enhancement of Scheduling operation
Timeline and Traction
Ideation
July’17 Aug’17-Nov’17 Dec’17 – Jan’18
New market
exploration
7 Gyms Serviced
4k Orders Catered
2000+ Customers
Live Interaction
3.4 lakh Revenue
Generated
Market Research
Launched. Paying
Customers
Sponsored Events
Expanding Via
Placement
4 months traction
Happy Customers
Visit: Instagram handler : #healthily infectious for more posts
Food tech Startup (Curefit)
Food delivery Startup (Swiggy)
Franchise/ Small Business (Subway)
Bonpiti
Business model Own cloud kitchens No kitchen Model (Aggregator)
Own kitchens No kitchen Model (Health food provider aggregator) 50+ Vendors onboarded in Gurgaon.
App/Website Both Both Listed on Zomato/Swiggy
Both Website (operational) App( in Progress)
Revenue Model Subscription/ per delivery
Per delivery Per order Product/Service: Subscription or per delivery/class
Fund Raised $53.9M $255.5M Unknown Bootstrapped
Traction 100,000 app downloads since 2016
Over 1 million Since 2014
Daily over 100 customers per day Since 1965
4000+ customers served in first 4 months. Launched in Mid-2017
Scalability and Availability
Slow and Online available
High and Online available
Slow and Offline available
High and Online, Offline, Retail available
Competitive Analysis
Competitive Advantages
Affordability
There will be 270 degree coverage by our model; First Mover Advantage, Cost Advantage, Online + Offline+ Retail Presence, Customization and Scheduling of meals.
Online Availability
Expensive
Offline Availability
Bonpiti
FOOD DELIVERY APPS (Swiggy, Zomato, UberEats, FoodPanda)
FINE DINING CAFÉS & Restaurants
FOOD STARTUPS (Curefit, Innerchef, Freshmenu)
FRANCHISES AND SMALL BUSINESSES (Subway, Green chick Chop, Pita Pit)
Team
Thinker Planner
Komal Gupta(Founder) A IIITB alumni and ex-American Express employee. She came up with the idea, quit her job and ran the business herself for initial months. Her ability to respond to adversity is commendable. Her commitment and focus is the driving force for the whole team.
Sahil Relhan(Co- founder/ Sales and Marketing Head) FMS-Delhi prodigy with an ability to plan and deliver oral and written communications that make an impact and persuade his intended audiences. He always demonstrated concern that one be perceived as responsible, reliable, and trustworthy.
Shubham Parashar (Operation Head) Co-founder (serviceginny.com) Shubham is a young and dynamic person. Openness to different and new ways of doing things; willingness to modify one’s preferred way of doing things. A Diagnostic Information Gatherer in the organization.
Doer
Financial
Placement 63 k
Delivery 9 k
Scheduling 3k
5 Cities
USD $157K
75K Customers Target Cities Investment
38%
16% 8%
14%
10%
14% Human Resource
Logistics
Travel and Misc
Operational Cost
Marketing
Technology Development
Investment Allocation
We are looking for angel funding to reach
USD $3M
Revenue Projected by 2020
*This is self sustainable model *2 years Funding and Projection.
Contact Information
Join us in “healthification” of India
4/2979-B, Street No.3, Shalimar Park Extension, Delhi Email: [email protected]
Phone numbers: 92686 33650, 80541 36461
Connect with Bonpiti