Introduction of VEGEAT

Page 1

HelloWorld #เพ่อื นค่คู ดิ มติ รเงนิ ลา้ น


PROBLEM ? Pain point 1

Restaurant buy by themselves

2

Restaurant order to many stores


PROBLEM ? Pain point 1

Restaurant buy by themselves

2

Restaurant order to many stores


/veg - geat/

VEGEAT Delivery


“

VEGEAT Delivery Solution

VEGEAT makes buying ingredients easy for the restaurants. Every morning, VEGEAT will send the raw ingredients selected by an expert to the restaurant.

Restaurant

VEGEAT

Fresh Market


VEGEAT Delivery

FEATURES


Features SERVICES

1

Daily-Delivery

2

Fast-Delivery

APPLICATION

4

VEGEAT Application

3

Process Food


VEGEAT Delivery Features 1. SERVICES

1

Daily-Delivery

2

Fast-Delivery

3

Ingredient Processing


Features 2. APPLICATION 4

แครอท 20 ต้น สันคอหมู 10 โล

Generated Order By AI

VEGEAT Application

$ Daily Food Rate

GPS Tracking

Order Analysis


VEGEAT Delivery Business Strategies

Fresh & High Quality

Reasonable Price

Various channels

$

Badge

Refund Reclaim

Expert Employee


VEGEAT Delivery

REVENUE MODEL


VEGEAT Delivery Revenue Model

Daily-delivery cost

$

Fast delivery cost

Ingredient processing cost


VEGEAT Delivery Revenue Model

Daily-delivery cost

Fast delivery cost

$

Ingredient processing cost


VEGEAT Delivery Revenue Model

Daily-delivery cost

Fast delivery cost

Ingredient processing cost

$


VEGEAT Delivery

SWOT ANALYSIS


S STRENGTHS

VEGEAT Delivery •

We control food quality, so it is guaranteed to be the best.

Fast Delivery that guarantees fastness (Faster than competitors)

Ease of use of application suitable for any age

Cash on Delivery which is our customer preferred method from our interview


VEGEAT Delivery

W WEAKNESSES

Area of delivery service is limited.

Less Branch

Use a lot of fund


O OPPORTUNITIES

VEGEAT Delivery •

It’s a business that need to be daily service.

There are a lot of restaurant in Thailand.

The restaurant industry grows at around 8.5% from last year (https://www.wongnai.com/business-owners/thailand-restaurant-trend-2018)


T THREATS

VEGEAT Delivery •

Fuel cost are too expensive and fluctuate.

Markets are available in almost every place.

Target customer don’t know much about technology.

Ingredient can’t preserve for a long time.


VEGEAT Delivery

COMPETITOR ANALYSIS


VEGEAT Delivery COMPETITOR ANALYSIS

Srisommai

Direct Competitors

Indirect Competitors

Focus on delivery

Focus on front store


Competitors Kindee Meepak

The company has only one main branch.

• • •

Open for 40 years

• •

iFresh

• •

Open for 10 years Have huge amount of products.

SongSod

Have “Ingredients Selector” for product choosing

Delivered using cooling car

Can deliver to Bangkok and near by province

Received product from trusted store

Can choose appropriate time to deliver

Created a credit system for favorite customer

Guarantee safety wrap

Doesn't have daily delivery Doesn’t Update information in website


Competitors Kindee Meepak

iFresh

• •

Open for 10 years

Delivered using cooling car

Can deliver to Bangkok and near by province

The company has only one main branch.

• • •

Open for 40 years

• • •

SongSod

Have “Ingredients Selector” for product choosing

Received product from trusted store

Can choose appropriate time to deliver

Created a credit system for favorite customer

Guarantee safety wrap

Have huge amount of products.

Doesn't have daily delivery At least 1000 baht per deliver Fixed time delivering (the next day after paying)


Competitors Kindee Meepak

iFresh

• •

Open for 10 years

Delivered using cooling car

Can deliver to Bangkok and near by province

The company has only one main branch.

• • •

Open for 40 years

SongSod

Have “Ingredients Selector” for product choosing

Received product from trusted store

Can choose appropriate time to deliver

Created a credit system for favorite customer

Guarantee safety wrap

• •

Delivered using Motorcycle

Doesn't have products stock

Have huge amount of products.

Use a lot of time for each delivering (1-3 hours)


Competitors Srisommai

Songpak

The company has only one main branch.

Created certificate to guarantee safety

Has a partnership with TESCO LOTUS

Use grade A products only

Have many kinds of delivery (car/truck)

Can deliver to Bangkok and near by province

• • •

Doesn't have daily delivery Doesn't have an application Usually sells to the department store (not focus on other customers)


Competitors Srisommai

Songpak

The company has only one main branch.

Created certificate to guarantee safety

Has a partnership with TESCO LOTUS

Use grade A products only

Have many kinds of delivery (car/truck)

Can deliver to Bangkok and near by province

• • •

Doesn't have daily delivery Doesn't update the website Doesn't show how to buy products in website (calling only)


Competitor Analysis VEGEAT

SongSod

30 min

1-2 hrs

iFresh

Kindee Meepak

Daily Delivery

Fast Delivery Ingredient Processing

Certifying Badge

Application

(null)

Songpak

Srisommai


Competitor Analysis VEGEAT Ordered by AI (Application)

GPS Tracking (Application)

Paid by Cash on Delivery

Kind of Vehicle to delivery

Front Store

SongSod

iFresh

Kindee Meepak

Songpak

Srisommai


VEGEAT Delivery

CUSTOMER INTERVIEW


CUSTOMER INTERVIEW

Pitching Version

New Version

Pain •

Owner’s Restaurant have to buy ingredients buy themselves

Owner’s Restaurant have to buy ingredients buy themselves

Some of them have to order many stores.


CUSTOMER INTERVIEW

Pitching Version

New Version

Target Customer •

small to medium made-to-

order restaurants

Medium to Large made-to-

order restaurants

buy a lot of ingredients each day

buy a lot of ingredients each day

Restaurants in Bangkok & Perimeter province

Located near university


CUSTOMER INTERVIEW

INSIDE CUSTOMER

Some Restaurants need to buy the ingredients up to 60 kilogram per day.

Most of them prefer quality over price.

Some of them have to prepare restaurant up to 4 hours before opening They have the income around 10,000 per day.

Many of them are interested in VEGEAT and one of them want to join our team


VEGEAT Delivery

Business Model Canvas


Business Model Canvas

WHAT?

KEY VALUE

Convenient in buying ingredient

Get Fresh, Quality and Suitable Price


Business Model Canvas

WHO?

CUSTOMER RELATIONSHIPS

CUSTOMER SEGMENTS Owner of made-to-order restaurants Medium to large restaurant Total income about 10,000 Baht per day

CUSTOMER CHANNELS

Use many ingredient’s type and quantity in a day

Located near Universities or College which a lot of customer


Business Model Canvas

WHO?

CUSTOMER RELATIONSHIPS

CUSTOMER SEGMENTS

Membership, Gather point

Owner of made-to-order restaurants

Customer Service Medium to large restaurant

Chat Bot

CUSTOMER CHANNELS

Total income about 10,000 Baht per day Use many ingredient’s type and quantity in a day

Located near Universities or College which a lot of customer


Business Model Canvas

WHO?

CUSTOMER RELATIONSHIPS

CUSTOMER SEGMENTS

Membership, Gather point

Owner of made-to-order restaurants

Customer Service Medium to large restaurant

Chat Bot

CUSTOMER CHANNELS Website Application Facebook, Line Face-to face (Direct Sale)

Total income about 10,000 Baht per day Use many ingredient’s type and quantity in a day

Located near Universities or College which a lot of customer


Business Model Canvas

HOW?

KEY PARTNER

KEY ACTIVITIES

Makro KasetPrice Logistic partner Merchants in fresh market

KEY RESOURCES


Business Model Canvas

HOW?

KEY PARTNER

KEY ACTIVITIES

Makro

Prepare ingredients from fresh market

KasetPrice

Delivery ingredients to restaurant

Logistic partner

Consistently Communicate with customers

Merchants in fresh market

KEY RESOURCES


Business Model Canvas

HOW?

KEY PARTNER

KEY ACTIVITIES

Makro

Prepare ingredients from fresh market

KasetPrice

Delivery ingredients to restaurant

Logistic partner

Consistently Communicate with customers

Merchants in fresh market

KEY RESOURCES Logistics Resources Warehouse Employee

Research Team

Dev Team

Sales Team


Business Model Canvas

HOW? COST STRUCTURE Logistic cost

App Development

Utility Cost

Human Resources cost

Web Development

Initial cost of ingredients

Ingredient’s Storage (Freezer)

REVENUE STREAMS


Business Model Canvas

HOW? COST STRUCTURE Logistic cost

App Development

Utility Cost

Human Resources cost

Web Development

Initial cost of ingredients

Ingredient’s Storage (Freezer)

REVENUE STREAMS Daily Delivery Cost

Fast Delivery

Ingredient Processing


Q&A #เพ่อื นค่คู ดิ มติ รเงนิ ลา้ น


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