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I + D+ I + C Bolivia




                       1    THE TEAM


                       2    VALUE PROPOSITION


                       3    INTESURVEY AND
                            RESULTS

                       4     REPORT VALU E
                           PROPOSITION

                       5    ESTIMATING THE
                           MARKET

                                             La Paz, 20 de mayo de
THE TEAM
We are a team of Bolivian enterpreneurs, we are currently a team enrolled in the venture lab project hosted by
the Stanford University in Technological Entrepreneurship.

One of our goals is to learn about enterpreneurship by using the “doing business” mindset and through this
Project decide if the use of technology is viable. In this process we have learned leadership skills, risk taking
and entrepreneurial thinking.

After two months and having finished the two modules of the venture-lab project these have enabled us to
propose a business idea with a high added value and market validation, our product is called “E-gourmet”.

We are building a platform that will enable local restaurants o food businesses to join for free and provide new
services:
       • Increasing sales
       • Reach new customers
       • Optimize order management
       • Update food menus and on-line prices
       • Offer promotions and discounts
       • Update suppliers of stock status
       • Customers would be able to make online reservations and menu orders
       • Customer would be able to smell the food
       • Online payments will be available to customers
       • Leverage this information for decision making
       • Obtain consumption trends of its customers
With this important development we are ready to initiate relationships with future investors and companies
through our participation on this online course, companies who have venture capital and are willing to invest in
promising ideas like ours. These could be based in the US or Europe.
With this end goal we are now in the process of conducting surveys with possible customers in Bolivia and
also in Virginia USA, this will allow us to collect data for our project. We will share our final results.
THE TEAM
VALUE PROPOSITION
e- MAPAS :: VALUE PROPOSITION
MODEL : e-Gourmet
SURVEY AND RESULTS

 Name:……………………………….... Country:…………………………………
 Restaurant:……………………… ….. Position:………………………………...

1. Do you use Internet in your Business?
2. What Internet tools do you use to manage customer relationship?
3. Do you do home delivery?
4. How long does the home delivery usually take?
5. What do you use to send orders to your customers?
6. What type of reservations does your business offers?
7. How does your business manages supplier relationships?
8. Do you buy any supplies on line?
9. Does your business offer online sales of your product?
10. Do you know any online business that offer gourmet services online?
11. What web sites do you know offer gourmet services online?
12. Would you use an online tool to manage customer and supplier relationships
    online?
13. Would you like to know the opinion and valuation of your clients about the
    products you offer?


                                                  
                                                 http://egourmet.weebly.com
SURVEY AND RESULTS
EXPERIMENT RESULTS
EXPERIMENT RESULTS
EXPERIMENT RESULTS
RESULTS ANALYSIS

    Do you use Internet in your Business?

1   OBJECTIVE
    Get to know if restaurant managers and fast food companies use the
    Internet to manage the relationship with customers and suppliers.
    ANALYSIS OF THE RESULTS
    To this question 73% of interviewees answered YES, 28% answered NO,
    these results allow us to determine that the Internet usage by thes
    companies is relevant and has an impact on its value chain.


    What Internet tools do you use to manage customer
    relationship?

    OBJECT IVE
    Get to know what Internet tools are used by these fast food companies to manage
    their relationship with customers.
    ANALISIS RESULT S
    From the number of interviewees who answered YES to the previous question, they
2   also noted that they use:
    FACEBOOK           4%
    EMAIL              8%
    TWITTER            3%
    BLOG              17%
    WEB               62%
    OTHER              6%

    This question confirms that the use of Internet by managers in this area is very
    important, as well as the way they use them, this gives us an understanding that they
    have basic knowledge of the web and that they use it to engage their target
    customers.
RESULTS ANALYSIS

    Do you do home delivery?

3   OBJETIVE
    Evaluate home delivery services
    ANALYSIS OF THE RESULTS.
    This result lets us know that 60% of the interviewees do home
    delivery services



    How long does the home delivery usually take?

    OBJETIVE
    Evaluate service time delivery

    ANALYSIS OF THE RESULTS
    It has been established that home deliveries take longer than 45
4   minutes to reach customers by 85% of the time, 30 to 45 minutes
    11% and last more than 30 minutes 4%, it is important than in this
    question is not estimated the distance at which customers are and
    the amount of orders that each one of them generate, these are
    variables that increase the delivery time.
RESULTS ANALYSIS
    What do you use to send orders to your customers?


5   OBJETIVE
    Assess the form and the medium used to deliver orders to
    customers
    ANALISYS OF THE RESULTS
    The results obtained in this question allow us to determine that
    90% of companies surveyed use other means to deliver orders to
    customers like internal staff, taxis, 5% use external distribution
    companies, other 5% use Courier staff within the company.

    What type of reservations does your business offers?

    OBJETIVE
    Learn what kind of reservations customers made more frequently


6   ANALYSIS OF THE RESULTS
    The results were:
    FOOD        6%
    TABLE       6%
    ROOM       16%
    NONE       12%
    OTHER          60%
    Interviewees reported that customers do not always make food
    and table reservations, but also make reservations of other
    services provided by these companies. The other 60% are social
    events.
RESULTS ANALYSIS

    How does your business manages supplier
    relationships?
7
    OBJETIVE
    Evaluate the request method for procurement of supplies/raw
    material from suppliers
    ANALYSIS OF THE RESULTS
    The results gathered with this questions were:
    VIA PHONE             1%
    VIA EMAIL             3%
    IN PERSON             8%
    OTHERS               88%
    88% of those surveyed prefer to go shopping in the traditional
    market for them personal contact is important, as shown in the
    results.


    Do you buy any supplies on line?

8   OBJETIVE
    Determine whether interviewees make purchases online.
    ANALYSIS OF THE RESULTS
    93% of interviewees said that they made purchases
    online, while 7% do not perform these types of
    purchases.
RESULTS ANALYSIS

     Does your business offer online sales of your product?

9    OBJETIVE
     To investigate whether interviewees are selling their products
     online
     ANALYSIS OF THE RESULTS
     According to the results 46% of the surveyed population has ever
     promoted a sale online, in the same way 46% of the population
     did not, while 8% are not interested.




     Do you know any online business that offer gourmet
     services online?

10   OBJETIVE
     Determine if they knew of any site selling food online
     ANALYSIS OF THE RESULTS
     Of the total survey population it has been established that 63% of
     interviewees are aware of a retail food site online, while 37% do not
     know.
RESULTS ANALYSIS
     What web sites do you know offer gourmet services
     online?
11   OBJETIVE
     List all the online food related web sites that managers knew
     ANALYSIS OF THE RESULTS
     Since this was an open question the results vary according to
     each interviewee and it is also based on their experience.

     Would you use an online tool to manage customer and
     supplier relationships online?

     OBJETIVE
12   To know if they would use a technological tool for serving
     customers and interact with their suppliers.
     ANALYSIS OF THE RESULTS.
     73% of those interviewed said YES they would use a technological
     tool to interact with customers and suppliers.


       Would you like to know the opinion and valuation of your clients
       about the products you offer?

       OBJETIVE
13     Assess if employers want to know the opinion and valuation of their
       customers.
       ANALYSIS OF THE RESULTS.
       56% of interviewees want to have an assessment of its customers regarding
       their products and services offered, while 44% are not interested.
REPORT VALU E PROPOSITION

How much would they pay for the platform?

R.- Our platform is to be a free subscription for the restaurants and it will
 get commissions by each order transmission in the customer portal.




Are they interested in the solution?


 They are interested in joining and using the platform because it is free 
 and friendly and because it also links the provider with the restaurant 
 and the customer. (Value Chain)
REPORT VALU E PROPOSITION
Are they willing to pay for it?

 R.- Yes, if it increases their orders and makes their sales grow and means
  lower costs by managing the acquisition of supplies/raw materials
  from suppliers.

The customer has a problem that you are trying to
solver?
  The problems presented in this study area are:
  •There are no platforms that can span the value chain of a restaurant
  •There is no direct relationship with suppliers so it is subject to delays in
  • the procurement of supplies affecting the ordering process. 
  •When a customer places an order for a particular menu does not know
  • what type of smell it has.

Summary of number of interviews that were done and
the feedback from our customers?

R.- To make the interviews our team has formulated a plan which each team 
member is assigned a certain number of surveys.
COMPARISON OF VALUE PROPOSITION


Potential competition
ESTIMATING THE MARKET SIZE IN DOLLARS
HYPOTHESIS

 Hypothesis                         Hypothesis Testing                           New Hypothesis
                            Based on the results of our survey with 
                            managers of restaurants and fast food, it is 
e-Gourmet is a rich         observed that over 70% of the population 
and intelligent platform    support the use of the Internet as a relational      • e-Gourmet is a rich and 
to manage the               tool with customers and suppliers.                     intelligent platform to manage 
restaurant chain of         It was observed that the preference of those           the restaurant chain of value, 
value, allows to            surveyed and their use of platforms to interact        allows to manage the 
manage the                  with their customers and meet their orders in          relationship with suppliers on 
relationship with           this way is important.                                 line and keep the stocking 
                            It was also established the importance of              process right on time, it also 
suppliers on line and 
                            interacting with suppliers directly by 80%. A          allows customers to order 
keep the stocking 
                            provider needs to obtain stock status quickly          and pay on line and most 
process right on time, 
                            and be able to contact the owner of the                importantly give them the 
it also allows 
                            restaurant at any given time.                          opportunity to smell the food 
customers to order 
                            By getting to know their view on how they see          before they order using 
and pay on line and 
                            the customer service, more than 60% answered           equipment specially designed 
most importantly give 
                            that this factor needs improvement, since it is        for this purpose. 
them the opportunity 
                            crucial to the development of this project, which      We maintain the initial 
to smell the food 
                            allows us to verify the hypothesis                     hypothesis as a result of the 
before they order 
                            CONCLUSION:                                            experiment.
using equipment 
specially designed for      Analysis of the results of this survey results 
this purpose.               confirms our tests of the hypothesis proposed 
                            for this project. Thus maintaining the initial 
                            hypothesis.

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I+d+i+c t3- presentacion

  • 1. I + D+ I + C Bolivia 1 THE TEAM 2 VALUE PROPOSITION 3 INTESURVEY AND RESULTS 4 REPORT VALU E PROPOSITION 5 ESTIMATING THE MARKET La Paz, 20 de mayo de
  • 2. THE TEAM We are a team of Bolivian enterpreneurs, we are currently a team enrolled in the venture lab project hosted by the Stanford University in Technological Entrepreneurship. One of our goals is to learn about enterpreneurship by using the “doing business” mindset and through this Project decide if the use of technology is viable. In this process we have learned leadership skills, risk taking and entrepreneurial thinking. After two months and having finished the two modules of the venture-lab project these have enabled us to propose a business idea with a high added value and market validation, our product is called “E-gourmet”. We are building a platform that will enable local restaurants o food businesses to join for free and provide new services: • Increasing sales • Reach new customers • Optimize order management • Update food menus and on-line prices • Offer promotions and discounts • Update suppliers of stock status • Customers would be able to make online reservations and menu orders • Customer would be able to smell the food • Online payments will be available to customers • Leverage this information for decision making • Obtain consumption trends of its customers With this important development we are ready to initiate relationships with future investors and companies through our participation on this online course, companies who have venture capital and are willing to invest in promising ideas like ours. These could be based in the US or Europe. With this end goal we are now in the process of conducting surveys with possible customers in Bolivia and also in Virginia USA, this will allow us to collect data for our project. We will share our final results.
  • 5. e- MAPAS :: VALUE PROPOSITION
  • 7. SURVEY AND RESULTS Name:……………………………….... Country:………………………………… Restaurant:……………………… ….. Position:………………………………... 1. Do you use Internet in your Business? 2. What Internet tools do you use to manage customer relationship? 3. Do you do home delivery? 4. How long does the home delivery usually take? 5. What do you use to send orders to your customers? 6. What type of reservations does your business offers? 7. How does your business manages supplier relationships? 8. Do you buy any supplies on line? 9. Does your business offer online sales of your product? 10. Do you know any online business that offer gourmet services online? 11. What web sites do you know offer gourmet services online? 12. Would you use an online tool to manage customer and supplier relationships online? 13. Would you like to know the opinion and valuation of your clients about the products you offer?   http://egourmet.weebly.com
  • 12. RESULTS ANALYSIS Do you use Internet in your Business? 1 OBJECTIVE Get to know if restaurant managers and fast food companies use the Internet to manage the relationship with customers and suppliers. ANALYSIS OF THE RESULTS To this question 73% of interviewees answered YES, 28% answered NO, these results allow us to determine that the Internet usage by thes companies is relevant and has an impact on its value chain. What Internet tools do you use to manage customer relationship? OBJECT IVE Get to know what Internet tools are used by these fast food companies to manage their relationship with customers. ANALISIS RESULT S From the number of interviewees who answered YES to the previous question, they 2 also noted that they use: FACEBOOK 4% EMAIL 8% TWITTER 3% BLOG 17% WEB 62% OTHER 6% This question confirms that the use of Internet by managers in this area is very important, as well as the way they use them, this gives us an understanding that they have basic knowledge of the web and that they use it to engage their target customers.
  • 13. RESULTS ANALYSIS Do you do home delivery? 3 OBJETIVE Evaluate home delivery services ANALYSIS OF THE RESULTS. This result lets us know that 60% of the interviewees do home delivery services How long does the home delivery usually take? OBJETIVE Evaluate service time delivery ANALYSIS OF THE RESULTS It has been established that home deliveries take longer than 45 4 minutes to reach customers by 85% of the time, 30 to 45 minutes 11% and last more than 30 minutes 4%, it is important than in this question is not estimated the distance at which customers are and the amount of orders that each one of them generate, these are variables that increase the delivery time.
  • 14. RESULTS ANALYSIS What do you use to send orders to your customers? 5 OBJETIVE Assess the form and the medium used to deliver orders to customers ANALISYS OF THE RESULTS The results obtained in this question allow us to determine that 90% of companies surveyed use other means to deliver orders to customers like internal staff, taxis, 5% use external distribution companies, other 5% use Courier staff within the company. What type of reservations does your business offers? OBJETIVE Learn what kind of reservations customers made more frequently 6 ANALYSIS OF THE RESULTS The results were: FOOD 6% TABLE 6% ROOM 16% NONE 12% OTHER 60% Interviewees reported that customers do not always make food and table reservations, but also make reservations of other services provided by these companies. The other 60% are social events.
  • 15. RESULTS ANALYSIS How does your business manages supplier relationships? 7 OBJETIVE Evaluate the request method for procurement of supplies/raw material from suppliers ANALYSIS OF THE RESULTS The results gathered with this questions were: VIA PHONE 1% VIA EMAIL 3% IN PERSON 8% OTHERS 88% 88% of those surveyed prefer to go shopping in the traditional market for them personal contact is important, as shown in the results. Do you buy any supplies on line? 8 OBJETIVE Determine whether interviewees make purchases online. ANALYSIS OF THE RESULTS 93% of interviewees said that they made purchases online, while 7% do not perform these types of purchases.
  • 16. RESULTS ANALYSIS Does your business offer online sales of your product? 9 OBJETIVE To investigate whether interviewees are selling their products online ANALYSIS OF THE RESULTS According to the results 46% of the surveyed population has ever promoted a sale online, in the same way 46% of the population did not, while 8% are not interested. Do you know any online business that offer gourmet services online? 10 OBJETIVE Determine if they knew of any site selling food online ANALYSIS OF THE RESULTS Of the total survey population it has been established that 63% of interviewees are aware of a retail food site online, while 37% do not know.
  • 17. RESULTS ANALYSIS What web sites do you know offer gourmet services online? 11 OBJETIVE List all the online food related web sites that managers knew ANALYSIS OF THE RESULTS Since this was an open question the results vary according to each interviewee and it is also based on their experience. Would you use an online tool to manage customer and supplier relationships online? OBJETIVE 12 To know if they would use a technological tool for serving customers and interact with their suppliers. ANALYSIS OF THE RESULTS. 73% of those interviewed said YES they would use a technological tool to interact with customers and suppliers. Would you like to know the opinion and valuation of your clients about the products you offer? OBJETIVE 13 Assess if employers want to know the opinion and valuation of their customers. ANALYSIS OF THE RESULTS. 56% of interviewees want to have an assessment of its customers regarding their products and services offered, while 44% are not interested.
  • 18. REPORT VALU E PROPOSITION How much would they pay for the platform? R.- Our platform is to be a free subscription for the restaurants and it will  get commissions by each order transmission in the customer portal. Are they interested in the solution? They are interested in joining and using the platform because it is free  and friendly and because it also links the provider with the restaurant  and the customer. (Value Chain)
  • 19. REPORT VALU E PROPOSITION Are they willing to pay for it? R.- Yes, if it increases their orders and makes their sales grow and means  lower costs by managing the acquisition of supplies/raw materials  from suppliers. The customer has a problem that you are trying to solver? The problems presented in this study area are: •There are no platforms that can span the value chain of a restaurant •There is no direct relationship with suppliers so it is subject to delays in • the procurement of supplies affecting the ordering process.  •When a customer places an order for a particular menu does not know • what type of smell it has. Summary of number of interviews that were done and the feedback from our customers? R.- To make the interviews our team has formulated a plan which each team  member is assigned a certain number of surveys.
  • 20. COMPARISON OF VALUE PROPOSITION Potential competition
  • 21. ESTIMATING THE MARKET SIZE IN DOLLARS
  • 22. HYPOTHESIS Hypothesis Hypothesis Testing New Hypothesis Based on the results of our survey with  managers of restaurants and fast food, it is  e-Gourmet is a rich  observed that over 70% of the population  and intelligent platform  support the use of the Internet as a relational  • e-Gourmet is a rich and  to manage the  tool with customers and suppliers. intelligent platform to manage  restaurant chain of  It was observed that the preference of those  the restaurant chain of value,  value, allows to  surveyed and their use of platforms to interact  allows to manage the  manage the  with their customers and meet their orders in  relationship with suppliers on  relationship with  this way is important. line and keep the stocking  It was also established the importance of  process right on time, it also  suppliers on line and  interacting with suppliers directly by 80%. A  allows customers to order  keep the stocking  provider needs to obtain stock status quickly  and pay on line and most  process right on time,  and be able to contact the owner of the  importantly give them the  it also allows  restaurant at any given time. opportunity to smell the food  customers to order  By getting to know their view on how they see  before they order using  and pay on line and  the customer service, more than 60% answered  equipment specially designed  most importantly give  that this factor needs improvement, since it is  for this purpose.  them the opportunity  crucial to the development of this project, which  We maintain the initial  to smell the food  allows us to verify the hypothesis hypothesis as a result of the  before they order  CONCLUSION: experiment. using equipment  specially designed for  Analysis of the results of this survey results  this purpose. confirms our tests of the hypothesis proposed  for this project. Thus maintaining the initial  hypothesis.