WWW.LIFTI.COM - SA Enterprise Connect
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THE PROBLEM why it's tedious to use public transport everyday TIME MONEY EXPERIENCE longer travel times costly uncomfortable, unsafe and unreliable WWW.LIFTI.COM
THE SOLUTION A Web and Mobile app to look for a daily work lift SAVE TIME SAVE MONEY EXPERIENCE reduce travel time Share and save on safe, comfortable and petrol cost reliable WWW.LIFTI.COM
WHAT IS LIFTI A peer to peer lift-club app that takes the hassle out of traveling to and from work everyday by matching drivers and passengers traveling in the same direction at the same times HOW IT WORKS JOURNEY DETAILS FIND A MATCH ALL DONE WWW.LIFTI.COM
PLATFORM "HASSLE-FREE WORK TRAVEL" Lifti matches car owners and passengers from the same neighbourhoods, travelling in the same directions, at the same times, to work and back. As a passenger, you get to work comfortably while being afforded the convenience to share fuel costs with other passengers and the driver. As a driver, you offer lifts to up to 4 passengers, reducing your monthly fuel costs by sharing
SECURITY Lifti has partnered with Hyphen for full security and background checks on all user profiles within 120 seconds of signing up. A integrated identity verification and compliance platform with Blockchain technology. Thorough full verification, with a client’s permission, we can verify that a client is indeed “who they say they are”, mitigating the risk of fraudulent activity., A solution that provides Lifti real-time feedback on the checks and documents provided either by Lifti or the consumer directly to Hyphen. the following verifications will be applicable to Lifti: • South African ID Number • Scan of ID/Passport • Mobile to ID • Drivers Licence Check •Bank Account
15.2 M 62.8 % WORKERS IN SA WORK 5 DAYS A WEEK MORE THAN 50% OF PUBLIC 67.9 % TRANSPORT USERS EXPRESSED DISSATISFACTION USE PUBLIC WITH THE TRANSPORT EXPERIENCE AND SERVICE.
EXECUTIVE TEAM TSHEPO SEELETSO MZOXOLO NDZO TSHEPO SIKWANE CIO Co- Founder & CEO COO Tshepo Seeletso is an experienced media project Mzo has over 10 years extensive experience in the Tshepo Rox Sikwane is a seasoned, qualified hands-on manager who has worked on multiple projects technology, telecoms industry and the entrepreneurial Entrepreneur and Multi-Media Project manager; with over across the media industry. Tshepo’s vast experience was space. He has headed and set-up operations in various 12 years’ experience in a wide array of media disciplines. gained in the South Africa and Botswana media industry for African countries (South Africa, Namibia, Zimbabwe, He has a strong passion for Africa, its people and ideas over 12 years. He's worked with big brands such as Botswana, Zambia, Uganda and Lesotho) focusing on the that add value and improve the quality of lives of his fellow Mnet, Orange Mobile, SABMiller, Nedbank, Shell and many Pre-Paid Distribution. Africans. more. MATHAPELO MABASO JERRY AGUDOGO TIAAN BASSON CMO Co - Founder & CTO CFO Tiaan Basson holds a bachelor’s Mathapelo Mabaso is a Brand and Communications Jerry Agudogo is a 4th year Computer Engineering at the degree in economics, and is very familiar with the Strategist with knowledge and University Of Ghana. From building educational games startup space having been involved in multiple background in strategy to concept development. She holds with Basic at 12 years of age, his interests have grown into successful projects. Tiaan is also very technical, and a Bachelor of Arts degree in Media and Political Science exploring the application of the open web, mobile has a passion for facilitating the adoption of new from the University of technology, artificial intelligence and robotics. He seeks to technologies in emerging markets. Tiaan’s current the Witwatersrand and an Honours in Strategic Brand play his part in the African story by building technologies focus is on using incentive models to motivate certain Communication from Vega. that connect and empower individuals within the continent. customer behavior.
SA COMMUTE STATISTICS Other Most commuters use taxis to get 30% around because they are more flexible and save time compared to Taxi other modes of public transport. 42% This is according to data released by Statistics SA in its National Household Travel Survey which investigated travel patterns and problems in the country. Car 14% Train Bus 4% 10%
MEASURE OF FULFILLMENT Train UNHAPPY WITH SERVICE 13% Though taxis are the main source of transport for most people, Bus they are not happy with the 19% service. At least 54 percent of all taxi commuters were unhappy with the state of taxi's, rank Taxi 68% facilities and 51 percent were unhappy about taxi fares.
10.2 2% MILLION Attract 2% market cap by end 2019. SOUTH AFRICANS USE PUBLIC TRANSPORT TO 1000 EARLY WORK EVRYDAY ADOPTERS
BUSINESS BRAND PROMISE MODEL Lifti's brand promise is to remove the "grudge" from daily work on every successful commute by providing working lift using Lifti, class South Africans (and we get to receive eventually Africa) with an 20% percent commission opportunity to save on their time, energy and money by using Lifti. The revenue projected by year 2018 is not less than 12 million Rands. Passengers are more comfortable and drivers share the cost, resulting in a mutually beneficial exchange and experience.
USER JOURNEY & COMPLIANCE 01 02 Lifti's revenue is drived from charging a Katlego commutes to 20% commision on all payments by Katlego lives in Orlando West Soweto work everyday using passengers to drivers. and works five days a a taxi and changes week in Bedforview over 3 times before arriving at work. All payments are captured elctronically on Ekhuruleni. the platform (Web&App) using debit and 03 04 credit cards. Katlego spends R66 Tshepo owns a small car per day for a round trip and lives and works at Cost contribution for carpooling is legal in to and from work. approximately the same South Africa and the driver is allowed to That's a total of R330 locations as Katlego. charge a small fee as long as the fee per week and R1320 per month charged is below the R3.50 per km stipulated by SARS. 05 06 Tshepo travels alone in his By joining Lifti Katlego and Drivers can operate a private carpool car everyday to work. He Tshepo can find each other without a taxi license as long as its not for spends approx R500 per and share the ride and cost profit as stipulated by The Department of week and R2000 per month to work everyday. on fuel. Transport.
PAYMENT GATEWAY Lifti's key differentiation from all African competitors is its payment gateway technology by www.hyphen.co.za Hyphen is a subsidiary of FirstRand Bank South Africa. Lifti has an exclusive service provider agreement with Hyphen because they are the only local payment gateway providers with technology that automates the Driver payments from users. All our competitors can only do it manually which is unscalable as users increase and this will inevitably cause discrepancies with weekly driver payouts. Braintree Payments used by Uber is not available in South Africa because local company has to have a USA bank account to use them as service providers.
ADDITIONAL REVENUE STREAMS Lifti has identified additional revenue streams besides its commission structure and is currently negotiating with industry leaders in the following fields: Fuel Partner - Lifti is an ecosystem made up of vehicle owners and the premise for passenger contributions is to reduce fuel costs for drivers. Lifti is currently negotiating with a leading South African fuel company to channel all the Lifti drivers towards their sites by incentivizing the drivers with a points based loyalty system. Lifti will in return receive a fuel rebate for every liter fueled by our drivers. Vehicle Insurance - The samebusiness model has been applied for vehicle insurance. We provide our partner with data relating to whether a vehicle owner is insured or not and they can therefore offer new insurance or compete on pricing with the drivers current insurer. Lifti then receives a rebate on each new acquisition. Advertising - Because Lifti uses real time geo location on its app we are able to sell banner popup adverts to advertisers. This will be done in moderation so as to not impact the user experience. i.e. a retail chain store can advertise specials at specific stores on the user route. USER DATA - Lifti is the only ride sharing platform that captures daily work commute travel data. This data will be sold to both the private and public sector.
REVENUE ECOSYSTEM VEHICLE MAINTENANCE VEHICLE INSURANCE FUEL STATION USER DATA ADVERTISING PASSENGERS
REVENUE VS GROWTH $1,150,000 $4,400,000 $862,500 $3,300,000 $575,000 $2,200,000 $287,500 $1,100,000 $0 $0 1000 Lifts 5000 10000 20000 100000 1000 Lifts 5000 10000 20000 100000 Lifts given per week at an average weekly cost of $11 Lifts given per month at an average monthly cost of $44
REVENUE VS USER GROWTH MAP - SA ONLY TURNOVER USERS GROSS PROFIT @20% P/M 1000 $44 000 $8 800 10 000 $437 000 $87 400 20 000 $874 000 $174 800 50 000 $2 200 000 $440 000 100 000 $4 370 000 $874 000 200 000 $8 740 000 $1 748 000
AFRICA SCALE AFRICA STATS Africa has a total population of 1.2 billion and all the countries have the same underdeveloped public transport system. Our objective is to scale Lifti into the whole Southern African region by April 2018 and Nigeria, Ghana, Tanzania and Kenya by no later than August 2018. Smartphone Penetration in Africa - 540 Million by 2020 Because Lifti requires no physical assets through its sharing economy model we are able to scale fast by finding local partners in Smartphone Penetrationin South each region. Africa - 18.5 Million
TARGET MARKET Employed full-time Aspirational Early adopters 25-35 years Male & female Driver - Vehicle owners Passenger - public transport users Motivated by convenience & comfort. Self conscious Ego driven likely users of Uber/Taxify/Gautrain Middle mass market
GO TO MARKET STRATEGY Bulk email and SMS communication to prospective users. Data will be pulled from; Carpooling/LiftClub classifieds already online on services such as Gumtree, Facebook etc. Facebook and Twitter paid media. CTA: Sign up now to ask for or offer a "lifti" Office Park Activations
GO TO MARKET ROADMAP 2018 Digital teaser campaign Office Park Activations - Launch - Big reveal Greater Gauteng (daily Digital Campaign - Driver between 12pm - 2pm) acquisition Digital Campaign - Digital Campaign - Lifti Passenger acquisition Values incentives -free data Office Park Activations - Public Relations - Print, Johannesburg Only (daily Radio & Tv interviews between 1-2pm) Digital campaign - SADC Digital campaign - Driver region (freemium model to Acquisition with incentives test market) (fuel vouchers)
BRAND TONE
IT'S A TIME FOR NEW EXPERIENCES! 20 000 PEOPLE WILL TRY LIFTI FOR THE FIRST TIME BY 2019
TESTIMONIAL "A complete package! There's no reason not to try it! Lifti is easy to use, saves you time and money!" - Clementine Mabena travels from Centurion - Cresta daily
THANK YOU!
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