The document describes a proposed online platform that would connect homeowners with contractors for renovation projects. Homeowners would list their renovation projects along with details like budget and measurements, and request quotes from contractors. Contractors would be able to view project requests, submit bids, and use integrated tools for scheduling, progress reporting, and invoicing. The platform aims to streamline the process of finding contractors and getting quotes for renovation work.
2. Like ebay, it’s a listing platform connecting
Home owners and Contractors
Difference = Home owners list their Reno
projects and Request for Quote
Web service and Mobile app
3. Frustrating and time-consuming experience
to find contractors for renovations
◦ “Shooting in the dark” to look up contractors
◦ Repeat calls to many contractors and layout their
project needs
◦ Ask for quote and schedule
4. Includes Calculator, Estimator for basic job
types
User enter details like
◦ Budget
◦ Photos
◦ Measurements
Post Request for Quote / Bid
◦ Material
◦ Schedule
6. One stop tool to replace Modeler app,
estimator, directory, etc
No existing app to post reno project and
request suitable contractors
Price shop to find lowest bidder
View contractor rating and reviews
7. Build online profile
Search directly for customers
Get notified of new customer projects
“Bid” for project RFQs
Integrated Tool Suite
◦ Scheduler
◦ Progress Reporting
◦ Invoicing / Payment tool
New
New
Advanced
New
9. No existing app to search for customers and
projects
Instant customer lead generation
Super easy to “Bid” for projects
Save time with integrated tools
10. Home renovation spending (2015)
◦ Future localized expansion to Asia, Europe,
other markets
1. Canada Spending - Statistics Canada / Scotia Bank
2. USA spending - Harvard’s JCHS
Canada
53 billion
World
? ?U.S.A
320 billion
11. Monetization options
◦ Fee per contractor bid
◦ Ads by contractors, suppliers, services
◦ Transaction fee
ie. 3% of project cost
With 10% market share, annual revenue up to $1.1 billion!
◦ Contractors pay for advanced features
(membership or paid app)
12. Craigslist – no Price quote,
no reviews, no added tools,
spam listings
Yelp – no project posting,
no focus on contractors, no
Price quote
Various apps – Joist
(Estimating and Invoicing),
and.co (Scheduler,
Invoicing), iHandy app,
AutoDesk Homestyler
13. An online “connecting” tool
As a marketplace platform to connect
customers with service providers
Easily retooled for other kinds of service. Ie.
◦ Connect Contractors to suppliers
◦ Residential / Commercial construction
◦ Home maintenance
Hinweis der Redaktion
Most Contractors do not have any online presence
Find and bid for projects on your own terms
Various apps – they are only 1 or 2 specific tools out of our suite. Not complete solution.
With a recognized brand and user base from Renobid, we can penetrate other service markets much easier