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Published byNicholas Hodges Modified over 9 years ago
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Thomas Zheng Carolyn Ray Chris Mackey Michael Levin Irene Chen Michael Campos
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Problem 1: Too Much Information Overwhelmed
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Problem 2: Getting Ripped Off This is your first car! This is how much you paid! The Fear of Getting Ripped Off
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Solution: Gamification Design and promote games to decide what car to buy games to get the car at a fair price
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A Game for Deciding Facemash meets Edmunds.com Old wayNew way Friend Support
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A Game for Buying A multi-player online game Them You Vs.
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Business Model Anonymous Preference Data for Sale Online Advertisement Click To Buy Referral for Financing and Insurance
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Marketing And Sales Facebook College Campuses Dating Sites
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Competition Edmunds Consumer Reports AAA Zynga Mobile Game Developers Dealerships Online Automobile Marketplace
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Team Neuroscientists Game Developers Machine Learning Experts Business Developers Domain Experts in Automobile
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Milestones 12 Month Milestones Reach 1M active users Obtain funding for Year 2 development 18 Month Milestones Data Analytics Contracts with at least 1 car manufacturers 24 Month Milestones Convert 1% of users to purchase a car on our site Expand to other niche markets, e.g. women
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Financial Projections 1 st year development cost: $100K Estimated 3.6M cars purchased by First Time Car Buyers $200 per car referral fees $50 per 1000 insurance policies $100 per 10000 auto loans
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Projections
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Timeline Game Design (2 -4 months) Data Analytics Tools (2-6 month) Web Design (1 month) First car sold on our site (12 months)
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