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The Casual Courier. An alternative way to send packages worldwide. Mission:. The Casual Courier (“TCC”) allows users to send packages: at the speed of overnight for the price of post with the reliability of hand-delivery. Overview:. Limited options for sending packages:
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The Casual Courier An alternative way to send packages worldwide
Mission: • The Casual Courier (“TCC”) allows users to send packages: • at the speed of overnight • for the price of post • with the reliability of hand-delivery
Overview: • Limited options for sending packages: ► Overnight Couriers (FedEx, UPS, DHL): Prohibitively expensive ► Post Office (USPS): Very unreliable service ► Personal Courier (Hand-Delivery): Limited to extremely valuable items
Market: About 12 billion packages are sent worldwide each year. (Source: Universal Postal Union) UPS, FedEx, and DHL deliver 63% of the world’s packages, generating annual revenue over $126 billion. (Source: Forbes) 56% of online consumers abandon their shopping carts due to “expensive shipping charges.” (Source: Ernst & Young) 629.7 million domestic passengers traveled on 9.9 million flights during 2004. (Source: US Bureau of Transportation)
Product: • The casualcourier.com website matches people with packages to send, with travelers who are willing to be couriers.
Process: • Users first identify a TCC service: • Package delivery send a package via casual courier • AirSitter assistance find in-flight caregiver • Container sharing share space in large shipment container • Mail-order forwarding send mail-order via casual courier
Process:(continued) • INVITE: Sender invites courier to deliver package. • REGISTER: Database identifies matching criteria. • CONTACT: Sender contacts courier to arrange drop-off and payment details. • PURCHASE: Sender purchases courier’s contact information. • DELIVERY: • The package is successfully delivered to the recipient.
Example: • Sam relocated to Paris from Boston. • Unfortunately, he forgot to bring a box of books. • Sam asked his father, Simon, to send the box.
Example:(continued) • Simon spent a few hours shopping around for the best delivery price: • Simon even considered sending the box via USPS…
Example:(continued) Luckily, Simon saw an ad for casualcourier.com Simon said, “Now I can send my package at the speed of overnight, for the costof post, and with the reliability of hand-delivery!” So, Simon registered the box on TCC’s website and found a casual courier traveling to Paris. Simon purchased the courier’s contact information and arranged delivery.
TARGET MARKET: • TCC attracts economy-class airline passengers with an existing itinerary. • COURIERS use TCC to: • Reduce travel expenses • Add utility to otherwise uneventful trip • SENDERS use TCC to: • Drastically reduce the cost of delivery • Send fragile or sensitive items
CONCERNS: • TCC has a created policies to ensure a safe user experience:
CONCERNS:(continued) During the early development of online-dating services and eBay, skeptics criticized the unmanageable security risk facing these innovative companies… • On-line dating services are one of the “most popular paid services on the internet...[the] industry revenue will reach $516 million in 2005.(source: New York Times, June 30, 2005) • eBay expects total revenues for fiscal year 2005 to be more than $4 billion. (source: CNN Money, April 20, 2005) • TCC is simply “formalizing” a phenomena • that is already occurring worldwide.
BUSINESS MODEL: • Revenue Sources: • Matchmaker fee • Escrow commission • Advertisement fees • Insurance commission
COMPANY INFORMATION: • The Casual Courier was founded in 2002. • The company is incorporated in Delaware, USA and in Israel. • Trademark applications were filed in 2004 and pending publication. • Non-provisional patent application for unique claims of “internet-based system and method” was filed in 2004, and pending. • The casualcourier.com website was launched in December, 2005. • Within a few weeks of launch, the website received more than 360,000 hits per day and began generating revenue.
CONTACT: The Casual Courier, Inc. invest@casualcourier.com USA: +1(866)978-0533 Israel: +972(54)761-7242