international b2s strategy presentation - gps tracking solution
TRANSCRIPT
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Going Global for a School Tracking Solution
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Google Trends says… People search for “school
tracking” solutions more when it comes to children safety
People from US, India, UK, Canada & Australia search for school tracking solutions
Early discussions in US from 2004, followed by UK in 2007, Canada in 2009, India in 2010, and Australia in 2011.
People from major cities search in only India, US and UK - top ones being New Delhi & New York.
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The need in USA – CHASER MARKET
Every 40 seconds a child becomes missing or kidnapped
Only 24 percent of the time is the child kidnapped by someone unknown by the family
74 percent of murdered children are killed within the first three hours after abduction
1 in 5 girls and 1 in 20 boys is a victim of child sexual abuse 44% of parents report that their child’s school bus is at least sometimes more than 10 minutes
late – an important safety issue Monitoring school buses via GPS tracking would make for greater overall safety and more timely
bus service Nearly nine in ten (88 percent) favor, “Monitoring bus drivers for safe driving practices such as
speeding or erratic driving” Many would like to see immediate action
Source: TraqCloud
Source: Fleetmatics Group PLC
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Market Opportunity Approximately 450,000 school buses plying on the road DAILY.
25 million K-12 children – more than half (55 percent) use the bus services.
The US spends $17.5bn. at an average cost of $700 per student transported.
Increase in schools to continue between 5-6% and so is the percentage of pupil using the bus.
Competition eTrak, eZoom, PocketFinder, AmberAlert, TraqCloud
• B2C proposition
• Annual expense of 200-300$ Zonar Systems, Synovia Solutions, Fleetmatics, Edulog
• B2S proposition
• Synovia merged with Everyday-solutions and has a fleet of 60,000 – 70,000 busesSavings Per Month $84
Investment Per Month (5 Yr Term) -$36
Net Savings Per Bus, Per Month $48
• Pricing is a factor of overall savings
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The need in Australia – CHALLENGER MARKET
Overlap of crime & assaults data reported in various provinces vs heat map of search results of
school tracking.
People have relied on 911 calling until now, but 50% calls to 911 are not able to track the location
of the caller.
Kidnapping & abduction increasing in Victoria (increase of 22%), Northern Territory, and the
Australian Capital Territory. Blackmail & extortion increased by 17%, as per www.abs.gov.au
In 2011-12, 17,600 substantiated claims of emotional abuse against children aged 0-17, the most
common form of substantiated abuse claims against children in Australia, followed by neglect
(15,000), physical abuse (9,900) and sexual abuse (5,800).
Source: Recorded Police Crime Victims data
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Market Opportunity
Competition Mostly a consumer push from TicTocTrack, hereO, IntelliTrac, Adiant Solutions
Price range approx. 150$ - entry price from $99.
IntelliTrac had a B2S offering when they started.
Fleetmatics also have operations here.
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Set the tone in PACESETTER MARKET
People aware of GPS tracking but not for child safety solutions on that.
Trinidad and Tobago is one of the wealthiest and most developed nations in the Caribbean
As per Trinidad and Tobago National Strategic Plan for Child Development 2012-2016, general
recognition that children in Trinidad and Tobago suffer from various forms of abuse, exploitation,
discrimination and neglect.
Approx. 25% of population are children under 18, average net enrolment in primary education is
94%
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Emphasize strategy based on the Market
Chaser Markets
• Application
performance
• Integration
with other
systems
• Cost savings
Challenger Market
• Product
Differentiation
• Integration
with other
systems
• Cost savings
Pacesetter Market
• Customer
experience
• Ease of
Onboarding &
usage
• Time to market
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Overall Market Penetration Strategy
BIG email database to
build engagement
Customer engagement to
enhance experience
Give free benefits including demo installation to
encourage usage and referral
Referral campaign to grow viral
Generate & push content
regularly
Use Google analytics &
targeted Adwords to gain
visibility
Engage on social media (pro)actively
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Measuring Effectiveness
Net Growth
Value from New Acquisition
Lifetime Value of existing customers
Churned Value
Months to recover Sales Acquisition
cost - breakeven in < 12 months of
sales acquisition cost
Measuring Lifetime value of
customers with Sales acquisition
cost
On the website, measure Visits ->
demos -> Purchase
Customer Happiness Index and no. of
product features used.
Inquiry to closure time frame
Channel effectiveness and
productivity.
Keeping product features relevant as
per customer’s needs.
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TAKE CHARGE