Comunitat Pitch Startup Weekend Singapore 2016 (SWSG)

COMUNITATBuilding a better community experience for apartments

THE HYPOTHESIS

TENANTS FIND IT A HASSLE TO BOOK FACILITIES & WANT A SIMPLE SOLUTION/APP

WHAT WE LEARNT

73%+CONDOS DO NOT HAVE A MANAGEMENT SYSTEM

Based on the 15 interviews we conducted and 5 phone calls to managing agents, we made

85%+TENANTS FIND IT A HASSLE TO BOOK FACILITIES

Based on the 15 interviews we conducted and 5 phone calls to managing agents, we made

78%+TENANTS FEEL A MISSING SENSE OF COMMUNITY

30%+TENANTS FIND IT HARD TO REPORT ISSUES / PROVIDE FEEDBACK

MANAGING AGENTS ARE TYPICALLY IN THEIR 50’s UNCOMFORTABLE WITH COMPLEX SYSTEMS WHICH CURRENTLY EXIST

Based on the 15 interviews we conducted and 5 phone calls to managing agents, we made

THE PROBLEMS

MANAGING AGENTSTENANTS

- Finds it a hassle to book facilities - Finds it hard to report issues/provide

feedback - Don’t feel a sense of community

- Finds it a hassle to keep track of bookings, especially issuing refunds

- Finds existing systems/apps difficult to use

- Cumbersome to manage paperwork

OUR SOLUTION

MANAGING AGENTSTENANTS

A SIMPLE APP TO BOOK FACILITIES A SIMPLE APP TO MANAGE BOOKINGS & TRACK RELATED FINANCES

DEMO - TENANT APP

THE ROADMAP

MANAGING AGENTSTENANTS

- REPORTING & FEEDBACK CHANNELS - INTRA CONDO COMMUNICATION &

SHARING CHANNELS

REPORTING & FEEDBACK CHANNELS

HOW WE’LL MAKE MONEY

~160,000UNITS IN SINGAPORE, JUST IN SINGAPORE!

Based on the API built by Vizili, a property analytics firm in Singapore

$4.99 per unit per monthSaaS - FACILITY MANAGEMENT

Landlords pay anywhere between $200-500 per month per unit as management fees!

~$1 Million Yearly Revenue@ 10% MARKET SHARE

~160,000 * 0.10 * 4.99 * 12 no. of units * market share * fees per unit per month * 12

REVENUE POTENTIAL

S$ 9.6M

S$ 1M

HONG KONG + SOUTH EAST ASIA MARKET 10% MARKET SHARE (3Y)

DISTRIBUTION STRATEGY

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Managers of Managing agents manage anywhere between 5-20 condos, you convert one, you win 5-20 clients. You convince one influential managing agent at one company, you win other managing agents in the company.

$500 REFERAL INCENTIVETO MANAGERS OF MANAGING AGENTS

Managers of Managing agents manage anywhere between 5-20 condos, you convert one, you win 5-20 clients. You convince one influential managing agent at one company, you win other managing agents in the company.

OTHER REVENUE POTENTIALS• AFFILIATE MARKETING - ACCESS CARDS, SECURITY SYSTEMS ETC.

• ADVERTISING OF RELEVANT SERVICES - AIRCON TECHNICIANS, ELECTRICAL & PLUMBING SERVICES, BBQ PROVIDERS, CATERERS ETC.

• PROFILE & MOBILITY DATA

• OTHER VALUE ADDED SERVICES

THE COMPETITION

HARD TO USE

EASY TO USE

WEB MOBILEreserv

hilife

mycondo

nextconnection

smartcondo

independent contractors

comunitat

AN EASY TO USE APPWE UNDERSTAND OUR USERS, THEIR NEEDS AND PAIN POINTS.

THEY NEED A SIMPLE APP!

The current apps in the market are bloated and complicated. Managing agents (in their 50s & older) find it really hard to use them.

OUR DIFFERENTIATOR

Q&A

THANK YOU :)