product roadmapping - example
TRANSCRIPT
Current Situation – 6_28_13• LocalView v 3.0 is in final debug• LocalView v 3.1 feature selection in process• LocaView v 3.1 web app RQ finalization in process
Project Analysis
v 3.1 v 4.0 v 4.1 v 5.0 v 5.1
• Web App• Complete and employ
deal/event api’s• Push Notification Rewards
• Newsfeed and aggregationmarket release
• Launch LocalView (lesslocalview deals in 25 markets)
• Complete ad platform• Launch aggregated markets
nationally
• Recommendation Engine:Predictive analysis forrestaurants, events, deals,attractions
• Gamification and social userincentives
Version Goals
Food and Drink• Reddit for Menu Items – Users can upvote menu items to curate a list of most popular
dishes in town. Users can also look at a single restaurants menu to see their most popularitems (as voted on by users) Also creates a visual menu because we have tagged the imagesto menu items
• Best Of – Create voting mechanism to get users voting for their favorite restaurants, bars,etc. Will lead to merchants promoting our platform to users/potential users
Future GoalsPlaces to Go/Entertainment• Pandora for Events (recommendation engine) – Based on favorited venues and performers,
our product will tell you who you would like and when they will be in town• Performers – User can favorite performers and get a push when they are in town.• Sounds like – Use open-source or custom code to put “sounds like xxx” on events. Tells
user that the band they have never heard of “Sounds like ACDC”
Deals High Level• Real-Time deals (that are scalable) – Will be examining feasibility of aggregating
ValPack/other national deal provider to cater to the “Real-Time” demand. These typeoffers are not purchasable goods and can be used any time.
• Loyalty – Options include: Mobile payment (levelup or equal) skinning, Dynastar partnership,hardware solution (on-site tracking), Checkins, Internal solution (Payment auth/storage)
• Newsfeed Customization – With increased content we can allow users to “tune” their newsfeed(ex. Allow user to turn off happy hours, and increase the number of events and deals they see)
• Merchant application – Merchants can view metrics and perform basic functions through amerchant-facing application
• Plan my night – Once recommendations are in place, user can “Plan their Night” from the homescreen – Similar to Urbanspoon’s “shake to find a random restaurant” (which has been used+1billion times)…… Except ours will be curated based on user preference
V 3.0 Screens
Risk Items1. Geo-Fencing2. Invoicing/Payment
Collection3. Socialize API4. Yelp API5. Deal API’s6. Scaling Happy Hours
Risk Mitigation1. Working – Non-Issue2. Invoicing/Payment Collection –
Currently Testing, no foreseeableproblems
3. Socialize API – Not Working. Errorsin SDK. If Socialize cannot resolve,LV must build functionality
4. Yelp API – Google Places API(reviews)to replace
5. Deal API – No foreseeable problem.Options: 3rd Party API (Yipit) or other
6. Scaling Happy Hours – NeedsAutomation
“LocalView Markets”
“Aggregated Markets”
SCHEDULE Q3 Q4 Q1 Q2 Q3 Q4Q2Q12013 2014
V 3.0Apple/Android Apps
V 3.1Web ApplicationDeal/Event API’s
V 4.0Newsfeed
V 4.1Ad Platform
V 5.0Recommendations
V 5.1GamificationDev Schedule of Values3.1 - $20k $240K Total4.0 - $20k4.1 - $50k5.0 - $100k5.1 - $50k
Market Timeline
DevelopmentTesting/StabilizationMilestone ReleaseInitial LaunchAggregated Market Launch
National Launch
3 7 14 21
10 50 100