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Opportunity Analysis Project




                         Women Safety Network




     Opportunity Analysis Project
for the Technology Entrepreneurship Online Course

                       From Stanford University

Team: Sunil Kishore, Uma Natarajan, Mithun Bhat, Pradeep Chigurupati, Srish Chander
Need for the product




                                                           - India , the world’s largest democracy is also the 4th
                                                           most dangerous country for Women in the world*
                                                           - Crime against women increased by 60% since 2001.
* Source: Thomson Reuter’s Trust Law Global Survey, 2012
                                                           - 2011 saw an increase of 7.1 % from 2010.
The Product : What it does
The Product : How it works
The Product : How it grows
Customer Feedback

                                                           • 70% of respondents faced situations where their personal safety was at risk
Strong Need for the Product                                • 89% knew at least one friend, whose personal safety had been at risk
                       1
                                                           • 92% felt unsafe during late night outings



                                                           • Face to Face informal interview : Most Customers expressed willingness to
                                                           pay Rs 100 –Rs 200 per ($2 -$4)/ month for mobile service subscription
 Pricing - Highly willing to                               • $60 -$100 for hardware mobile accessory that can immobilize the attacker.
 pay for the right level of                                 Email Survey : Structured questionnaire with differentiated products & pricing
          service 2
                                                           • 8 out of 9 expressed interest in $25-$35 per month, for advanced services
                                                           including mobile & web response


                                                           • Need to offer a palette of services at multiple price points, to optimize on
                                                           sales volume and revenue. Mass market at Rs $4/month for basic service ; and
  Implications for business
                                                           $25-$35 for additional value added services
           model
                                                           •Price not the primary driver. Customers want high levels of reliability ;
                                                           effectiveness of hardware in immobilizing attacker ; quick response to SOS.

1 : Based on Online survey targeted at women in Urban India. 25 respondents
2: Based on 9 face to face informal interviews and 10 email survey respondents.
Market Opportunity Sizing
Primary Segment : Women at risk for personal safety. Demographic Profile : Women in 18-40 age group
(Students/professionals*) , in Urban India with smart phones, who work/travel alone.


                                                                                                           Customer Segment Size: 1MM in 2012 ; 4MM in 2015
             2012 Urban India : 27MM smart Phone users ;                                         (~5% of Urban India smart phone users are estimated to be women in 18-40 age group)
                    expected to be 79MM in 2015
                                                                                  79MM
                                                                                                                                                                           4MM
                                                          61MM                                                                                               3MM

                                   41MM                                                                                               2MM
            27MM                                                                                                1MM




             2012                   2013                   2014                   2015                          2012                  2013                   2014       2015
      Source : Nielsen Mobile Insights, Sep 2012 . Growth rate projections based on IDC report

                                  # of WomaNet Customers                                                                          WomaNet Revenue in USD            6.6MM
                                          (in ‘000)                               276


                                                                                                                                              3.6MM
                                                  152

                                                                                                                 1.5MM
                    61



                                                                                                                  2013                         2014                 2015
Product          2013                            2014                            2015
Adoption                                                                                                    Assuming average revenue per user of $24 /year
                 3%                               5%                              7%
Rate
Next Steps

1   Business Plan / VC Pitch Doc Prep           Q4 / 12

2   PE Engagement / Funding Exploration         Q4 / 12

3   Alternate Go-To-Market Routes Exploration   Q1 / 13

4   Prototype Development                       Q2 / 13

5   Prototype Testing / Test Marketing          Q3 / 13

6   Launch Planning                             Q3 /13

7   Market Entry – India                        Q4 / 13

8   Market Entry – USA                          Q2 / 14
Team WomaNET




      That concludes our presentation. Thank you!

Team Profile: http://venture-lab.org/venture/teams/18017

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WomaNet woman Safety Network

  • 1. Opportunity Analysis Project Women Safety Network Opportunity Analysis Project for the Technology Entrepreneurship Online Course From Stanford University Team: Sunil Kishore, Uma Natarajan, Mithun Bhat, Pradeep Chigurupati, Srish Chander
  • 2. Need for the product - India , the world’s largest democracy is also the 4th most dangerous country for Women in the world* - Crime against women increased by 60% since 2001. * Source: Thomson Reuter’s Trust Law Global Survey, 2012 - 2011 saw an increase of 7.1 % from 2010.
  • 3. The Product : What it does
  • 4. The Product : How it works
  • 5. The Product : How it grows
  • 6. Customer Feedback • 70% of respondents faced situations where their personal safety was at risk Strong Need for the Product • 89% knew at least one friend, whose personal safety had been at risk 1 • 92% felt unsafe during late night outings • Face to Face informal interview : Most Customers expressed willingness to pay Rs 100 –Rs 200 per ($2 -$4)/ month for mobile service subscription Pricing - Highly willing to • $60 -$100 for hardware mobile accessory that can immobilize the attacker. pay for the right level of Email Survey : Structured questionnaire with differentiated products & pricing service 2 • 8 out of 9 expressed interest in $25-$35 per month, for advanced services including mobile & web response • Need to offer a palette of services at multiple price points, to optimize on sales volume and revenue. Mass market at Rs $4/month for basic service ; and Implications for business $25-$35 for additional value added services model •Price not the primary driver. Customers want high levels of reliability ; effectiveness of hardware in immobilizing attacker ; quick response to SOS. 1 : Based on Online survey targeted at women in Urban India. 25 respondents 2: Based on 9 face to face informal interviews and 10 email survey respondents.
  • 7. Market Opportunity Sizing Primary Segment : Women at risk for personal safety. Demographic Profile : Women in 18-40 age group (Students/professionals*) , in Urban India with smart phones, who work/travel alone. Customer Segment Size: 1MM in 2012 ; 4MM in 2015 2012 Urban India : 27MM smart Phone users ; (~5% of Urban India smart phone users are estimated to be women in 18-40 age group) expected to be 79MM in 2015 79MM 4MM 61MM 3MM 41MM 2MM 27MM 1MM 2012 2013 2014 2015 2012 2013 2014 2015 Source : Nielsen Mobile Insights, Sep 2012 . Growth rate projections based on IDC report # of WomaNet Customers WomaNet Revenue in USD 6.6MM (in ‘000) 276 3.6MM 152 1.5MM 61 2013 2014 2015 Product 2013 2014 2015 Adoption Assuming average revenue per user of $24 /year 3% 5% 7% Rate
  • 8. Next Steps 1 Business Plan / VC Pitch Doc Prep Q4 / 12 2 PE Engagement / Funding Exploration Q4 / 12 3 Alternate Go-To-Market Routes Exploration Q1 / 13 4 Prototype Development Q2 / 13 5 Prototype Testing / Test Marketing Q3 / 13 6 Launch Planning Q3 /13 7 Market Entry – India Q4 / 13 8 Market Entry – USA Q2 / 14
  • 9. Team WomaNET That concludes our presentation. Thank you! Team Profile: http://venture-lab.org/venture/teams/18017