Mashpotato linkedin
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Transcript of Mashpotato linkedin
MASHPOTATOyour local food scene from the inside out
Let’s Disrupt Restaurant Discovery/Review Sites & those “Coupon Vampires”
THE PROBLEM IS WHY?
“…I don’t just want to know what’s nearby; I want to know why I should go there!”
“…You can find just about any kitchen gadget on line for a good price; I want to know why I should buy one thing versus another”
WHAT IF YOU COULD:� See what’s nearby and the restaurant pros who go there
� Discover and purchase the gadgets and gear the pros use
� Hear about new joints in your city before they’re mainstream
� Get invites to special events and deals or offers
� Stop wasting money on bad food/service
MASHPOTATO is an app for discovering restaurants and cool stuff for regular Joes who are unsatisfied by review apps like Yelp & UrbanSpoon.
On MASHPOTATO, People, Places and Things are rated by restaurant Pros.
So, unlike other review & discovery apps, MASHPOTATO is a recommendation engine Joes can use for dining-out, events, and online purchases.
Unlike anything else, MASHPOTATO simplifies social media marketing for Pros so they can get more exposure and focus on doing more business.
MASHPOTATO
Stephen Duke, MBA� Co-founder George Mobile� Finance, digital marketing for real estate/franchising� Movie/Caterer, Restaurateur/Chef
Pauline Lai� Web Developer, UX� Graphic Design
POTATOHEADS
Stan Chong� Film Industry Veteran� Hospitality entrepreneur� Design, curator
Cash Garman� Web/Software Developer, Programmer� Senior Dev @ Linden Labs/Second Life,
United Front Games
1 for Pros 1 for Joes
TWO VALUE PROPOSITIONS
� Simplifies your social media
� Increase # of followers
� Raises status/reputation
� Improve career prospects
� Do more business with event and deal generator
� Discover what’s “Now”
� Increase local knowledge
� Get qualified opinions
� Get invites and deals
� Improve online shopping experience
� Earn commish & invitations
COMPETITIVE ADVANTAGES� First Subscription-based Deal Management System for
loyalty rewards and offers
� First to establish a peer-reviewed method of curating the contributor community so it reflects the “insider” culture.
� The most authoritative, incented and engaging source of food culture related content
� The only site to offer referral commission opportunities to Pros & Joes for sharing content
� First to promise increased reach for Pros that want to build a following on social media
WHY ECOMMERCE?Forrester: Mobile Commerce to Quadruple to $31 Billion in Next 5 Years
REVENUE MODEL
featured events
online purchases
subscriptions for enhanced
features/tools
reservations
affiliate marketing
MASHPOTATO Business Model Canvas
Key Partners
Deal Management System for
“Offers” (DMS)
Foursquare (Database)
Amazon (E-Store)
Answers.com (Distribution)
Key Activities
Platform building:
simple log-in process
ready-to-curate content
(Gear)
implement Restaurant
database Social/game
mechanics
integrate social sharing
integrate (DMS) for “offers”
Branding:
front end UI development
Customer Development:
presentations to Beta market
organizations
Landing pages/Funnel
Social Media
SEO
Market Validation:
Vancouver Beta (closed)
Los Angeles Beta (closed)
Key City Beta (open)
Value Proposition
“Restaurants and Gear Rated
by Restaurant Pros for
Regular Joes”
Restaurant Pros:
“Finally, an easy way to build
a following and/or do more
business with less
complexity”
Regular Joes:
“Finally, a recommendation
engine for WHY you should
patronize a Restaurant or
buy certain kitchen Gear on
line”
Outcomes for Both:
status
recognition
economic value
Customer Relationships
Online Web-App
Mobile Website
Social Media
Customer Segments
Restaurant Pros:
Chefs, Restaurateurs,
Bartenders, Servers,
Sommeliers, Baristas, food
Bloggers
Regular Joes:
People unsatisfied by review
apps like Yelp & UrbanSpoon
Urbanite “foodies”
followers of
Chefs/Restaurants
Cost StructureAWS
Hosting
Deal Management software
license (Rev Share)
Channels
Answers.com
Hospitality Conference
Seminars
Canadian/US Fed Chefs de
Cuisine; Chef’s Table Society
etc.
CFRA/USRA & their online
resources
Food/Dining Blogs
Social media followers of Pros
and Food Bloggers
Affiliate Sites
Social media marketing
SEO, SEM
Revenue Stream
Joes & Pros: Free to use
Subscription for Restaurants:
$10 +++/month
DMS for “Offers”
Enhanced Profile
Media Kit
Customer Data
Open Table Reservation
Commission $1.50/seat
E-Store Commissions 15%
Key ResourcesDomain
Branding
Web front/back end
Game engine
CMS