project eatery - 2015.03.14
TRANSCRIPT
Project EateryPrototype and BC
Jieh Tan – March 2015
Content• FAB, Trends & Behaviours• Customer Insights• Opportunity• Proposition • Business Model• Action Plan
Trends, FAB & Behaviours
80% of adults watch cooking shows. 57% have purchased food as
a direct result of cooking show
WHILE dining 25% take pictures of their food and 20% post a
social media status update
81% of diners dine out at least once a week. 44% dine out two to three times a week.
Is dining out a luxury? Dining out reasons Millennials dining behaviours
Trade off to dine out
See dining out a luxury
Cooking to save money
29%
57%
71%
Variety of Food
Social Interaction
Try New Stuff
Don't Have to Clean Up
Don't Have to Cook
55%
56%
64%
65%
70% 87%
Splurge on meal even when money is tight
80%
Want to know how the food is grown
68%
Ask friends before selecting a restaurant
55%
Prefer communal tables
40%
Order something different every time
REVERSED Customer InsightsDining out is too expensive
I don’t like tidying up and/or cooking regularly
I like to try new or variety of stuff
I like gathering and sharing meals
I would like to be a good cook
I have restrictive dietary requirements
OpportunityToo expensive
Dietary requirement
Socialising
Like to cook
Hate cooking / tidying up
Variety / new stuff
Proposition
Share costs
Vegan, Halal, Jain, GF, etc.
Group of similar people
Like to share
Someone who enjoy it
Different culture and style of meal
PropositionIgnite the culinary passion, ideas and
taste through sharing it with
others
Realising the inspiration of
being a master chef
Facilitating cultural exchange
and experience through food and
technology
Allowing anyone to share their culinary skills with foodies, adventurers, travelers
and anyone with specific dietary requirements.
Share and perfect your culinary passion with
people like you.
Business Model
DinersHostDishes
Location
Project
Eatery Event(s)
Makes
Select
Creates
Date, TimeCapacity
CostMeal
Style
Dietary
For
For
Host
Search& view
RSVP &Payment
FeedbackFeedbackIngredients
RecipesFeedback
PaymentDines
Dine at
($X-$X)
(Y%-YY%)
Action Plan1. Define and refine business model 2. Define and design architecture 3. Procure scalable platform 4. Build prototype 5. Test market & refine prototype 6. Full release7. External funding – crowd or PE