5. Total college students in the US: 17.4M
College students in Texas: 1.5M
Growth: 13.9% (‘12-’22)
Avg. monthly spending: $120/month
MARKET
6. Students: 24,000
Sample of 100 students, survey suggests:
PILOT MARKET: UTD
Willing to work Unsure
75%
25%
Willing to use the service Unsure
67%
33%
7. REVENUE
Support from biggies like
Minimum Delivery Order- $15
Order Range Shipping Cost
$15-$25 20% on the order price
$25-$50 15% on the order price
$50-$75 10% on the order price
$75 and above FREE!!
8. Capturing 2 % of the total market, we stand
to make:
2% of 17.4 Million = 348,000
Average profit on each order = 7$
Total Revenue = 348,000 * 7$ = 2,436,000$
2.5 MILLION DOLLARS/MONTH
REVENUE