remodel einstein - online school for homeowners that hire pros
DESCRIPTION
Reality TV shows like Property Brothers and Vanilla Ice Project to This Old House and Holmes Makes It Right often portray home remodeling as an easy, concise process featuring hunky remodelers, ‘instant’ home makeovers and unrealistic budgets. Contractors really want homeowners learning the truth - remodeling is dirty, expensive, invasive, time-consuming and worth it…if you know what you’re doing. Before homeowners are ready to get “matched” to a contractor they not only need to focus on the dream, they also need to focus on the thousands of decisions and details necessary to ensure their vision becomes a reality. That’s where Remodel Einstein (www.remodeleinstein.com) comes in. We boost homeowners’ remodeling IQs via online education that teaches them about each step of the remodeling process. Homeowners have access to easy-to-follow video lessons from remodeling experts. At their fingertips. On demand. From their smartphone, tablet, or desktop.TRANSCRIPT
LYNDA.COM FOR HOMEOWNERS THAT HIRE PROS
ONLINE LEARNING COMPANY THAT MAKES REMODELING MAKE SENSE!
Copyright © 2014 | Monica D. Higgins | All Rights Reserved | CONFIDENTIAL --‐ Do Not Distribute Without Permission | www.RemodelEinstein.com
Copyright © 2014 | Monica D. Higgins | All Rights Reserved | CONFIDENTIAL --‐ Do Not Distribute Without Permission | www.RemodelEinstein.com
Copyright © 2014 | Monica D. Higgins | All Rights Reserved | CONFIDENTIAL --‐ Do Not Distribute Without Permission | www.RemodelEinstein.com
13-17 18-24 25-34 35-44 45-54 55-640%
500%
1000%
1500%
2000%
2500%Male Female
Years
TRACTION 2
COMPLETED THE FIRST ONLINE REMODELING
COURSE
18kAttracted video views for course concept
Top200
Attained Video Status on eHow
Named eHow’s Home Improvement Expert
Validated Target Demographic & Distribution Channel
Proven Process and Expert Knowledge Featured By/In:
90%CSAT
Confirmed Right Content For Right Audience
Copyright © 2014 | Monica D. Higgins | All Rights Reserved | CONFIDENTIAL --‐ Do Not Distribute Without Permission | www.RemodelEinstein.com
U.S. MARKET OPPORTUNITY 3
Professionally Completed Residential Remodeling Projects !
STEADY ANNUAL GROWTH OF 3.5% PROJECTED OVER NEXT 5
YEARS
$150Billion Spent Annually by
20M Remodeling Homeowners
$10K Average Project Size
CURRENT MARKET:
FUTURE MARKET:
Rebound of housing market/home sales
Aging house stock and distressed properties
Remodeling highest in the 1st two years of ownership
Heightened awareness of environmental issues
NEXT 10 YEARS…
(Source: Joint Center for Housing Studies of Harvard University)
NEW DECADE OF GROWTH FOR REMODELING
Copyright © 2014 | Monica D. Higgins | All Rights Reserved | CONFIDENTIAL --‐ Do Not Distribute Without Permission | www.RemodelEinstein.com
CUSTOMERS 4
17%
31%
52%
Other Households (Owner Occupied Units)
Landlords andProperty Managers
(Rental Units)
Households in the
Top 5% Income Level
(Owner Occupied Units)
Remodel Spending is Correlated with Household Income
Major Market Segmentation
2013
Copyright © 2014 | Monica D. Higgins | All Rights Reserved | CONFIDENTIAL --‐ Do Not Distribute Without Permission | www.RemodelEinstein.com
Take up to 30% LongerUninformed Amateurs Hiring Pros
Cost Up to 50% More
THE PAIN 5
Remodeling Homeowners
Budget Overruns Construction DelaysHigh Risk
Lack Time to Sort through 1000’s of Websites and Videos
Copyright © 2014 | Monica D. Higgins | All Rights Reserved | CONFIDENTIAL --‐ Do Not Distribute Without Permission | www.RemodelEinstein.com
THE PAIN RELIEF 6
Remodel EinsteinOnline Remodeling Courses
Boost Homeowners’ Remodeling IQs
TAUGHT BY REMODELING EXPERTS
On Demand
Step-by-Step Guidance
Easy-to-Follow Video Lessons
Smartphone, Tablet or Desktop
Copyright © 2014 | Monica D. Higgins | All Rights Reserved | CONFIDENTIAL --‐ Do Not Distribute Without Permission | www.RemodelEinstein.com
RESULTS 7
Design Fees
Up to
30%B
EF
OR
EA
FT
ER
BE
FO
RE
AF
TE
RB
EF
OR
EA
FT
ER
Construction Costs
Up to
50%
SAVINGS:
Copyright © 2014 | Monica D. Higgins | All Rights Reserved | CONFIDENTIAL --‐ Do Not Distribute Without Permission | www.RemodelEinstein.com
BUSINESS MODEL 8
Learn From A Pro
Achieve Success!
Sign up
How This Works
Turn knowledge into powerWatch easy-to-follow videosBasic Content: Free
Premium Content: Paid
Take control of your remodel
Copyright © 2014 | Monica D. Higgins | All Rights Reserved | CONFIDENTIAL --‐ Do Not Distribute Without Permission | www.RemodelEinstein.com
Create
MARKET APPROACH & STRATEGY 9
Optimize for Organic Search
Blogger Outreach Article & Video Syndication
Promote
AffiliatesSocial Media
Convert
High RelevanceFills a Gap in the Market
Engage
Monitor and Reply to MentionsGather Contact InfoNurture Via Email Drip Campaigns
Advertorials Articles & Videos Blog Posts Sponsored Posts Infographics
Copyright © 2014 | Monica D. Higgins | All Rights Reserved | CONFIDENTIAL --‐ Do Not Distribute Without Permission | www.RemodelEinstein.com
Co-Founder & Chief Technology Officer Director of Marketing
TBDWill be hired, by Year 3, to lead future marketing strategy
TBDSeeking a CTO to establish the Company’s technical vision and lead all aspects of technological strategy, development, and growth.
MANAGEMENT TEAM
Start up experience
10
Monica D. Higgins, MBA, LEED AP
Lead nonprofit start-up from $0 to
$1M in earned revenue in 7 months!
7Months
Founder & Chief Executive Officer
Entrepreneurial Construction ManagerSuccess
Improved customer experience via
business process redesign that
reduced order hold times 30%!
30Percent
Turned customer service into a
revenue center, generating
$1.6M in sales monthly!
Million$1.6
Copyright © 2014 | Monica D. Higgins | All Rights Reserved | CONFIDENTIAL --‐ Do Not Distribute Without Permission | www.RemodelEinstein.com
Chip MartocciaCo-Founder & Former EVP for COBS Homes
ADVISORY BOARD 11
Successful Exit Via
Acquisition For Online
B2C Construction
Management Co.
Former Senior Executives From:
WORLD-CLASS ADVISORY TEAM IN KEY GO-TO-MARKET AREASCONTENT STRATEGY AND LEAD GENERATION
Jillian AlexanderContent Strategy
Online And Offline DemandGeneration Via Development, Execution And Management Of Affiliate Programs
40% Start Up ClientsAchieved Exits Via Acquisition
60% Remain Ongoing Concerns
400% Year/Year Conv
800% Increase Profits
30% + Email Yield
Strategy | Board of Advisors
Paul AnglesEmail Marketing
Sheilin HerrickAffiliate Marketing
Venture Development Firm
Copyright © 2014 | Monica D. Higgins | All Rights Reserved | CONFIDENTIAL --‐ Do Not Distribute Without Permission | www.RemodelEinstein.com
FINANCIAL SUMMARY 12
Year 1 Year 2 Year 3 Year 4 Year 5
-$5,000,000.00
$0.00
$5,000,000.00
$10,000,000.00
$15,000,000.00
$20,000,000.00
$25,000,000.00
$30,000,000.00
Revenue
Direct Costs
Operating Expenses
Net Profit
FINANCIAL HIGHLIGHTS
Customer Conversion 1% 2% 4% 5% 5%
Projected Customer Growth 9K 82K 440K 750K 1M
Copyright © 2014 | Monica D. Higgins | All Rights Reserved | CONFIDENTIAL --‐ Do Not Distribute Without Permission | www.RemodelEinstein.com
COMPETITION 13
Source: Demand Media
36%Look Up Information
26%Want To Be Educated
28%Want To Be Inspired
ONLINE USERBEHAVIOR
CONTRACTOR REFERRAL/REVIEW
HOW TO/DIY
REMODELING EDUCATIONREMODELING INSPIRATION
Copyright © 2014 | Monica D. Higgins | All Rights Reserved | CONFIDENTIAL --‐ Do Not Distribute Without Permission | www.RemodelEinstein.com
7-POINT COMPETITIVE ADVANTAGE 14
7. 90% CSAT
1. FOCUSED
Targeting A Niche
2. EVERGREEN CONTENT
Always Relevant
3. CONTENT PRODUCTION
Low Cost
4. SOCIALLY DRIVEN
Nurture Groups Of Fans To RT, Like And Share
5. ORGANIC TRAFFIC SOURCES
ReferralsDirectSearch
6. MOST VALUABLE DEMOGRAPHIC
Age 45-64
Copyright © 2014 | Monica D. Higgins | All Rights Reserved | CONFIDENTIAL --‐ Do Not Distribute Without Permission | www.RemodelEinstein.com
Year 1
Year 2
WHAT WE NEED
USE OF FINANCING:
WHAT WE GET
INVESTMENT 15
$2,250,000
Year 1 Year 20
500000
1000000
1500000
2000000
2500000
Unique Monthly Visitor (Average)
Customers
Revenue
Course/Content
Development
Web Development
Customer Acquisition
Founder Salaries
Web Developer, Web Designer/Programmer,
CSR
Rent/Office Overhead
UMV (Average) Customers Revenue
343k
72k
82k
9k
$2.2m
$232k
Copyright © 2014 | Monica D. Higgins | All Rights Reserved | CONFIDENTIAL --‐ Do Not Distribute Without Permission | www.RemodelEinstein.com
QUESTIONS 16
-Michael B. -Kathy N. -Susan T.
“Exceeded myexpectations!"
“…an incrediblevalue for the cost.”
“Here’s to my remodeling success! I could not have done it without you!”
Monica D. Higgins [email protected] (310) 895-0845