Increase your revenue at no additional cost JOIN THE BAGAPP NETWORK bagapp.co.uk/join WHAT AllSharp is an innovative startup which opens up new revenue channels for commercial facilities by optimizing the use of their existing assets without need for any additional investment or fixed cost. BagAPP provides a platform – web, iOS & Android – connecting consumers with commercial facilities by creating an ancillary revenue based on their luggage deposit needs whereas the main characteristics are: - Geo-localisation - Flexible pricing - Time based - Capacity based WHY BagAPP is the opportunity for commercial facilities to charge for unused baggage space to consumers who need it, right there and then Often travellers may have just a few hours free after a business trip to enjoy discovering a new city but are forced to carry their luggage around because even though their hotel is offering a free baggage deposit it is on the other side of town in terms of the airport/railway station needed. One of the most recognized need for travellers is the ability to leave their luggage in a convenient and secure place. Being able to visit a city, go shopping or travelling for business hands free, without having to drag around any weight. This becomes even more important in a city where traffic and ease of movement are restricting the time available for leisure. HOW Hotels can put their baggage deposit availability - if and when available - on offer trough BagApp’s platform autonomously and for free. 1 FREE MEMBERSHIP 2 SET YOUR OWN FEES & REQUIREMENTS 3 CLOUD-BASED BACKOFFICE APPLICATION 4 INCREASE VISIBILITY-WALK-IN TRAFFIC 5 CROSS SELLING & PROMOTIONS ADVANTAGES FREE MEMBERSHIP & NO FIXED COST No fixed fees are required for using the platform and the consumer pays directly the commercial facility – BagAPP will take a commission only on verified bookings. COMPLETE FREEDOM ON FEES & REQUIREMENTS Thanks to the “Backoffice” the commercial facility can customize its fees, create promotions, set their security requirements and change their availability according to special occasions. This powerful cloud-based application gives you full control of the luggage check-in / check-out process and many other features such as statistics and deposit capacity. INCREASE VISIBILITY & CROSS PROMOTIONS BagAPP offers the opportunity for extra advertisement at no cost – and with our flexible platform commercial facilities can offer cross promotions on other services such as SPA treatments, Food & beverage, etc. THE APP – CONSUMER PERSPECTIVE SEARCH Enter: address, number of bags, date and time of arrival and departure FIND See commercial facilities offering the service and where they are MAP CHOOSE Check the localization Compare prices and details. Decide where to store your luggage BRING ME THERE! THE BACKOFFICE – DEPOSIT SIDE 1. BOOKING CONFIRMATION: once customers choose their preferred baggage deposit they receive an email asking to confirm their booking and giving them the opportunity to pre check-in by inserting all necessary data required by the commercial facility (ID number, name, etc.) in advance saving time for both parties. The commercial facility then receives an email notification and the booking appears in the Backoffice interface, managing automatically the daily availability. 2. CHECK-IN & OUT THE LUGGAGE: using the relevant Backoffice feature, the concierge/receptionist accepts the luggage, handle payment and checks for any overcharges. 3. INCREASE YOUR PROFITABILITY: the platform offers the possibility to analyse the revenue in real time and change the fees accordingly. MARKET POTENTIAL 223 daily potential customers Assuming only 0.025% of daily potential of Westminster* Assuming only 1% monthly growth Over 50 k potential monthly gross** revenue by the end of year 1 £70,000 £60,000 Baggage fee per Hour Average time per booking (h) Average number of bags per booking Total gross revenue per average booking** £2.00 £50,000 3.0 £40,000 2 £30,000 £12.00 £20,000 £10,000 £Month 1 Month 2 Month 3 Month 4 Month 5 *Source: “Daytime Population, Borough”, Greater London Authority, datastore@london.gov.uk, 2013. For this analysis only the following categories have been included: daytime working population/overseas visitors/domestic visitors/day trip visitors ** Excluding VAT, taxes and BagApp commission Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 MARKET POTENTIAL Assuming only 0.025% of monthly touristic potential* € 100,000.00 With 1% monthly growth thanks to advertisement € 90,000.00 € 80,000.00 € 70,000.00 ASSUMPTIONS: Baggage fee per Hour Average time per booking (h) Average number of bags per booking Total gross revenue per average booking** € 60,000.00 € 2.66 € 50,000.00 3 € 40,000.00 2 € 30,000.00 € 15.96 € 20,000.00 € 10,000.00 € 0.00 *Sources: Amt für Statistik Berlin-Brandenburg, 2014/ Office for National Statistics (ONS), International Passenger Survey 2014/ Elaborazioni Provincia di Milano 2013, dati.comune.milano.it ** Excluding VAT, taxes and BagApp commission London Milan Berlin “We believe in Comfortable Travel Experiences available to Everyone” BagAPP is owned by AllSharp Corporation Ltd. Salisbury House - 81 High Street Potters Bar Hertfordshire EN6 5AS - England Company no. 9555190 Tel: (+44) 020 34180951 info@allsharp.net
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