the new way to do prom...find your prom date share your prom experience sign up plan & organize...
TRANSCRIPT
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The New Way To Do Prom
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WHAT IS PROMSOCIAL?
PROMSOCIAL IS A MOBILE APP THAT MAKES THE ENTIRE PROM EXPERIENCE
FUN & STRESS-FREE
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TO REVOLUTIONIZE THE MULTI-BILLION DOLLAR PROM INDUSTRY BY
CHANGING THE WAY TEENS EXPERIENCE PROM
OUR MISSION
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MARKET
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High school
students in the U.S.
17M
Prom goer average
spend
$919
U.S. prom industry
sales (2018)
$4B
Total addressable
market (TAM)
$129B
Serviceable available
market (SAM)
Social Media
$48B
Serviceable
obtainable market
(SOM)
$4.8B
U.S. Prom Spend
(Entry Point)
U.S. Digital Ad Spend
(Long-Term)
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PROBLEM
Planning and organizing for
prom can be overwhelming
and confusing
The prom industry lacks a
central hub that connects
prom goers with retailers
There are many barriers
that stop students from
participating
Prom is an experience that
has yet to be centralized
and shared online
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SOLUTION
AN INTERACTIVE PLATFORM THAT CENTRALIZES THE WAY PROM
GOERS PLAN, ORGANIZE AND SHARE THEIR PROM EXPERIENCE
PLANall the details
FINDyour prom date
SHAREyour prom experience
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SIGN UP PLAN & ORGANIZE CONNECT & SHARE!
PRODUCT
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DOWNLOAD
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KEY FEATURES
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BUSINESS MODEL
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WE WILL MAKE MONEY BY CONNECTING RETAILERS WITH PROM GOERS VIA OUR PROM MARKETPLACE
OUR 3 MAIN REVENUE STREAMS WILL BE:
$2OF SALES
5%$39.99CPM
ADSCOMMISIONSUBSCRIPTION
MONTHLY
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PARTNERSHIPScommunity organizations
MARKETINGtargeted promotions
• Street teams
• Social media
• Banner ads & billboards
• Celebrity endorsements
• Influencers
• Contests & offerings
MARKET ADOPTION
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SOCIAL EXPERIENCEsocial network effect
• High schools
• Non-profits
• Churches
• Fraternities/Sororities
• Businesses
• Government
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BENEFITS TO HIGH SCHOOLS & PROM GOERS
Simplifies and
enhances prom
experience for prom
goers
Helps avoid
conflict on who’s
wearing what
Provides
scholarship
opportunities for
students
Assists prom
committees with
planning, organizing
and executing prom
Centralizes key
aspects of prom in
one place
Serves as an
additional
mechanism to
promote prom
safety awareness
Provides students
with direct access to
significant discounts
and special
promotions
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COMPETITION
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Connect with peers
Prom planning
Retail portal
Matchmaking
Voting/Likes
Customize/order prom album
Organize limo party/payments
Plan after party/book hotel
Social sharing
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COMPETITIVE ADVANTAGES
Targeted age group
and direct market
nicheProm shopping hub,
customizable
Prombook and
seamless prom
planning
Plan, organize and
share your prom
experience all in one
place
First social
networking app with a
core focus on Prom
1st TO MARKET
CONVENIENCE
FEATURES &
SERVICES
BEHAVIOR
FOCUS
Becoming the
standard of how the
next generation will
experience prom
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THE TEAM
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OPERATIONS
ED ABDEL-MALAK RAVI KOLTUR MICHAEL HUDAK DARREL FRATER
DEVELOPMENT SALES MARKETING
BISHOY AZER
PARTNERSHIPS
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ROADMAP
App Development
Expand
Internationally
Launched beta in
Google Play & iOS
App Store
2017
2018
2019
2020
2021
2022
2023
Official launch with
Prom Marketplace
Expand to
Homecoming
Lauch event
planning software
Expand to out-of-school
events (Sweet Sixteens,
Quinceaneras, Etc.)
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INVESTMENT
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50%50%
Development $50K
Marketing $50K
$100K
PROMSOCIAL IS SEEKING TO RAISE A $100K SEED ROUND
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EXIT STRATEGY
SOCIAL MEDIA WEDDINGS