Prasad Vaidya; Kiran Rane
High Concept Statement:
“Happy Hour” forever!!
App creates a drinks club. Once subscribed, you can get 20% off of drinks as any participating restaurant/bar. Once subscribed, members can create his/her network, connect to like minded other members, get drinks todgether at the participating bars and restaurants.
Food & Drink
Need or Demand:
Need to have discounted drinks. To know what drinks – cocktails/wines/beers/other are offered. Need to socialize over drinks with friends and even make new friends at the bar.
Product / Service / Solution:
App that provides subscription to participating bars which offer discounted drinks to subscribers. This offers discounted drinks to customers who like going to a same or limited set of places regularly, and to restaurants to reward and retain their customers, as well as attract new customers
Discounted drinks due to loyalty. For restaurants increase loyalty, bring in new customers.
Drink pass, but it does not have a strong monetary incentive to users.
Others like Yelp can enter, but will loose focus on their core business and likely loose other customers.
Percentage from every sale at a restaurant.