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Rate-It Engine

Rate-It Engine. Green Team Technologies CS 410 Spring 2007. Organization Chart. 2. Overwhelmed By Choices?. Who can repair the plumbing in your 50-year old house? Where do you get your hair cut? Who should press your suit for the big interview?

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Rate-It Engine

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  1. Rate-It Engine Green Team Technologies CS 410 Spring 2007

  2. Organization Chart 2

  3. Overwhelmed By Choices? Who can repair the plumbing in your 50-year old house? Where do you get your hair cut? Who should press your suit for the big interview? Who would you trust to perform surgery on Fido? Where should you eat? 3

  4. Problem Statement Current service industry review websites do not provide a mechanism for reviews to be filtered based on user preference. 4

  5. Goal Statement To provide an easy way for content creators to add a review engine specifically targeting services to their website. 5

  6. Objectives Provide a mechanism for services and their associated reviews to be rated independently by users Recommend compatible services to user based on stated preferences and history of ratings License ratings engine to content creators for rapid development of websites 6

  7. One-click up/down voting of services and reviews by any registered user User can view recommended services based on their preferences and personal ratings Anyone can read reviews Registered users can write reviews Functional Aspects 03/27/2007 7 7

  8. Process Flow Diagram 03/27/2007 8 8

  9. In the Box Rate It Engine ready to run on specified webserver/database combination Customizable using industry standards to match existing look and feel of current website Support contract to help with installation and use of engine 9

  10. MFCD 03/27/2007 10

  11. Revenue Model • Licensing Fee • $749 – Per CPU • Annual Support Contract • $99 – Per CPU 03/27/2007 11

  12. Expected Revenue (1st Year)

  13. Expected Revenue http://www.wsworkshop.com/money/ad-revenue-models.html 13

  14. Initial Startup Cost • Web Hosting Service for $5.95 per month http://www.hostmonster.com/ • Domain Name registration for $8.95 per year http://www.godaddy.com/gdshop/default.asp • Web Developers/ Web Masters • Salary survey done in Norfolk, VA (zip code 23501) • Median Salary = $65,144 http://salary.hotjobs.com/ 14

  15. Internet Usage 210,080,067 Americans with internet accesshttp://www.internetworldstats.com/stats2.htm 114.7% Growth from 2000 – 2007http://www.internetworldstats.com/stats.htm

  16. Reviewing of Restaurants http://www.scarboro.info/dining.htm 16

  17. Proof of Concept • Restaurant Review Site • Industry is huge • Estimated Revenue of $537 billion in 2007 • Large base for restaurant reviews • 935,000+ Restaurants in US • Restaurants have loyal patrons willing to write reviews/discuss experiences • High incidence of repeat business http://www.restaurant.org/aboutus/faqs.cfm 03/27/2007 17

  18. Less Time to Cook Source: Energy Information Administration, 1993 & 2001 Residential Energy Consumption Surveys. http://www.eia.doe.gov/emeu/recs/cookingtrends/cooking.html 03/27/2007 18 18

  19. Longer Working Hours The average employed American works a 46-hour work week.http://www.libraryspot.com/know/workweek.htm 19

  20. Traveling Daily travel in US totals four trillion miles 14,500 annual miles per person 2.6 billion trips of 50 miles or morehttp://www.bts.gov/publications/highlights_of_the_2001_national_household_travel_survey/pdf/entire.pdf These people need to know where to eat

  21. Fast Food Facts 44% of all adults dine-out daily http://www.aarp.org/health/staying_healthy/eating/a2004-09-16-eatingout.html 20% of all meals prepared in a commercial settinghttp://www.restaurant.org/rusa/magArticle.cfm?ArticleID=138 03/27/2007 21 21

  22. Potential Customer Base 03/27/2007 22

  23. Functional Goals • Provide complete view of restaurants • Objective factual restaurant profile • Location • Genre • Price • Subjective consumer reviews • Provide targeted advertising • Advertising to the correct consumer • Encourage community among users 03/27/2007 23

  24. Current Ways to Find a Restaurant • Yellow pages • Word of mouth • Traditional Internet Review Sites • Need to sift through data • Restaurants provide biased reviews • Driving around town • Expensive • Inefficient • “Judging book by its cover” 03/27/2007 24 24

  25. Disadvantages of Traditional Review Formats • The Yellow Pages do NOT tell you: • If the food is good • If the staff is friendly • If the prices are reasonable • Even if the restaurant is in your immediate area (If you are out of town) 03/27/2007 25 25

  26. Competition Matrix 26

  27. Risks 03/27/2007 27

  28. Conclusion Rate It! Review Engine will enable website owners to quickly put in place a functional reviewing mechanism that encourages user participation and intelligently steers users towards compatible services.

  29. References http://www.scarboro.info/dining.htm http://www.libraryspot.com/know/workweek.htm http://www.eia.doe.gov/emeu/recs/cookingtrends/cooking.html http://www.bts.gov/publications/highlights_of_the_2001_national_household_travel_survey/pdf/entire.pdf http://www.aarp.org/health/staying_healthy/eating/a2004-09-16-eatingout.html http://www.restaurant.org/rusa/magArticle.cfm?ArticleID=138 http://www.restaurant.org/aboutus/faqs.cfm

  30. References (cont) http://www.internetworldstats.com/ http://www.hostmonster.com/ http://www.godaddy.com/gdshop/default.asp http://salary.hotjobs.com/ http://www.census.gov/population/www/popclockus.html http://www.wsworkshop.com/money/ad-revenue-models.html http://digitalenterprise.org/models/models.html

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