make it fun for first time car buyers

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

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Thomas Zheng Carolyn Ray Chris Mackey Michael Levin Irene Chen Michael Campos. Make it Fun for first time car buyers. Problem 1: Too Much Information. Overwhelmed. Problem 2: Getting Ripped Off. This is your first car!. This is how much you paid!. The Fear of Getting Ripped Off. - PowerPoint PPT Presentation

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Page 1: Make it Fun for first time car buyers

MAKE IT FUNFOR FIRST TIME CAR BUYERS

Thomas ZhengCarolyn RayChris MackeyMichael LevinIrene ChenMichael Campos

Page 2: Make it Fun for first time car buyers

Problem 1: Too Much Information

Overwhelmed

Page 3: Make it Fun for first time car buyers

Problem 2: Getting Ripped Off

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

The Fear of Getting Ripped Off

Page 4: Make it Fun for first time car buyers

Solution: Gamification

Design and promote

games to decide what car to buy

games to get the car at a fair price

Page 5: Make it Fun for first time car buyers

A Game for Deciding Facemash meets

Edmunds.comOld way New way

Friend Support

Page 6: Make it Fun for first time car buyers

A Game for Buying

A multi-player online game

ThemYou

Vs.

Page 7: Make it Fun for first time car buyers

Business Model

Anonymous Preference Data for Sale

Online Advertisement

Click To Buy

Referral for Financing and Insurance

Page 8: Make it Fun for first time car buyers

Marketing And Sales

Facebook

College Campuses

Dating Sites

Page 9: Make it Fun for first time car buyers

Competition

Edmunds Consumer Reports AAA

Zynga Mobile Game Developers

Dealerships Online Automobile Marketplace

Page 10: Make it Fun for first time car buyers

Team

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

Page 11: Make it Fun for first time car buyers

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

Page 12: Make it Fun for first time car buyers

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

Page 13: Make it Fun for first time car buyers

Projections

Page 14: Make it Fun for first time car buyers

Timeline

Game Design (2 -4 months)

Data Analytics Tools (2-6 month)

Web Design (1 month)

First car sold on our site (12 months)