Stand - présentation

Comment présenter Elva en 5 minutes ?

1. Présentation de l'app

Elva is a messaging app that organises parties with your friends for you. It solves all the organisation / logistic problems, like who brings what, who is coming, where is the party, etc.

We can also compare Elva to Calendly and Facebook Events that meet ChatGPT.

2. Présentation du marché

Although we are targeting college students for now, we think that it's a problem that everyone has. We are targeting college students because they are the ones that are the most likely to use our app. It's a 40M people market just in the US & Europe. And because social life on campus is centralised around a few hubs (like clubs, etc) it's easier to get a lot of people to use the app at once.

3. Présentation du business model

We are going to use a freemium model. We will offer a free version of our app, but we will enable users to buy goods and services with our app. We will take a small percentage of the transaction.

We also want to make large events paid. We will charge a small fee for the event. Events that requires tickets or monitor attendance will be paid.

Finally, small businesses and venues will be able to pay for ranking higher in the suggestions, similar to what Google Search does.

At during the first year, we expect to generate 1$ per user per month. A number that's under the industry average, but as we grow, we will become more interesting for advertisers therefore increasing our revenue.

Later, we will launch a marketplace where users can sell and buy goods specifically for events. We plan to build a reward system, where users can earn points and use them to have discounts on different parts of the app. This will skyrocket our revenue.