MOOD FOOD. What do consumers consider when making food choices? Taste Price Nutrition / Health (long...
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Transcript of MOOD FOOD. What do consumers consider when making food choices? Taste Price Nutrition / Health (long...
MOOD FOOD
What do consumers considerwhen making food choices?
Taste Price Nutrition / Health (long term effects)
Weight control Ethical concerns Natural Mood / Energy (short term effects)
Convenience
FOOD CHOICES
A chocolate bar a day helps you to work, rest and play
Real food for your busy lifestyle
Thirst stops here / good for you
Happy Meal
FOOD INFORMATION
Who benefits and who loses outfrom the current situation?
Consumer?
Producers?
Big business?
Advertisers?
Re-labelling of dutch chicken, reprocessed and then allowed to be given a gaelic name
Smoked Irish salmon or Irish smoked salmon (Norway)
“Just ask” campaign- Board Bia – Irish produce
CURRENT SITUATION
SOLUTION
MAXIMISE YOUR QUALITY OF LIFE
WITH AN APP
THAT LETS YOU KNOW HOW YOU WILL FEEL
(physically, conscientiously and emotionally)
AFTER EATING OR PURCHASING FOOD
SOLUTION: MOOD FOOD APP
SOLUTION: MOOD FOOD APP
The application will put the customers working together on a win-win situation. They will benefit from each others.
A chocolate factory uses the app to inform of the dark chocolate anti-depressive qualities...
A restaurant uses this chocolate on their menu and informs their customers of the chocolate mousse effects...
A consumer had a bad day at the office and eats the dessert... The dark chocolate actually alleviates his depression... Next time the consumer is feeling a bit down he most like will come back to the same restaurant to have the same dessert again)
BUSINESS MODEL
Ruby on Rails
SQLite
Amazon Elastic Compute Cloud (Amazon EC2)
PayPal
Cloud Platform as a Service Heroku
Rhodes(for all major smartphone operating systems)
TECHNOLOGY
App will be seen initially as a luxury (for the few who really need or want to be provided with the information)
Selected restaurants in South Dublin (already care about knowledge of food effects or origin, but don't know how to get the information)
The market will be “trendy” first...
There is already a huge demand of customers who want to know if the particular products in front of them can or can't be eaten (eg: allergies, food intolerance, vegetarians, vegans, etc..)
MARKETING AND SALES
Pricing Strategy
Free application for basic users (consumers requiring food information)
Fee-based application for registered users(€2 fee, which is the average app fee + discount food
allergy test at a health shop).
Sliding scale fee for stakeholders (food related industries)
MARKETING AND SALES
Supermarkets and shops that are promoting themselves as healthy and informative
Anything where customers are willing to pay a bit more because they want to feel reassured in the quality on their food choice
Restaurants already offering some basic information
COMPETITION
• Nutritionists
• Health Shops
• Gyms / Spas
• Acupuncture
• Pharmacies
• Counselling / Life Coaching
• Traditional ways of advertisement and promotion
COMPETITION
Nutrition Facts
Calorie Counter
iEatForLife DiabetesHeartCancer
Mood FoodsBrain neurotransmitters Blood sugarEssential fatty acids
COMPETITION
TEAM
TEAM
TEAM
Sales forecast 3 months: €4,000 €8,000 €16,000 Total:
€28,000
Funding:€2,000
Total overheads: €6,000 €6,000 €6,000 Total:
€18,000
Net Profit / Loss:€-2,000 €2,000 €10,000 Total:
€10,000
PROJECTIONS AND MILESTONES
I will start working on my own (3 months)
App will be launched in “beta” (3 months, 6 employees)
Promotion (6 months, 14 employees) The application will be free for a limited time (1 year)
MILESTONES
Food MoodApplication not developed yet
First Year:
START BETA PROMOTION
STATUS AND TIMELINE
MOOD FOOD
Maximise your quality of life
Eat what suits you!