Giggles A TOY-CONSIGNMENT APP. BOARDING PASS. NAME.
. Shivam Gupta “Tech Guy Who Gets Management and Storytelling”.
Mass Illiteracy Unemployment Systematic oppression War Genocide Racism Sexism Income inequality Homelessness Food wastage Climate change People are seeking moral wisdom from Katy Perry’s lyrics Companies are capitalizing on the most animalistic impulses of the public.
TUVOI PRESENTS GIGGLES A TOY-CONSIGNMENT APP. Planting smiles, growing giggles, and harvesting love.
CREATING INDIA’S TOY STORY. Indian Toys Industry is estimated to be $1.5 bn making up 0.5% of global market share. The toys industry in India has the potential to grow to $2-3 bn by 2024. The Indian toy industry is only 0.5% of the global industry size indicating a large potential growth opportunity. The domestic toy demand is forecasted to grow at 10-15% against the global average of 5%..
TOYS TOYS. COUNTER.
How are toys related to education?. THE BENEFITS OF TOYS IN CHILDREN’S EDUCATION AND DEVELOPMENT ARE ENDLESS. Furthers Cognitive Development Improves Gross and Fine Motor Skills Fosters Imagination and Creativity Increases Senses Promotes Language and Communication Skills Emotional Support and Enhanced Empathy.
The Expanding role of TOYS in EDUCATION and PARENTING.
Marie Kondo tells us that ‘the best way to choose what to keep and what to throw away is to take each item in one’s hand and ask: “Does this spark joy?” If it does, keep it. If not, dispose of it.’.
2,000,000,000. But with more than two billion tonnes of waste being sent to landfillS by households annually, how we dispose of the things we once loved is of utmost importance..
Let’s look at Toy Story. Watch the official clip compilation for Toy Story 3, an animation movie starring Tom Hanks and Tim Allen. Available on Blu-Ray and Digital HD now. Woody, Buzz, and the rest of Andy's toys haven't been played with in years. With Andy about to go to college, the gang find themselves accidentally left at a nefarious day care center. The toys must band together to escape and return home to Andy. © The Walt Disney Company.
No Supervision. Zero Inventory. No Specialization.
KEY PROBLEMS GIGGLES INTEND TO SOLVE. Kids love to play with toys but get bored of the same toys pretty quickly.
USER PERSONAS AND QUOTES FROM FIELD STUDY.
In India, we already have a sharing economy and repair-ability culture. But we must mainstream the CE model because circularity is the future we need to embrace. A complete switch from the linear ‘take-make-waste’ model being followed since the Industrial Revolution is required to meet our climate change objectives and bridge the economic divide toys create..
Inculcating Good Habits that Sustain over their lifetime.
BLOCKCHAIN. WEB 3.0.
USER FLOW. SELLING Any user can buy the listed toys using money or in-app currency. Once sold, in-app currency will be issued to the previous owner.
How does the Exchange Process work?. If a toy is not sold within 60 days of being listed on our app, it will be donated to charity, and the user will be notified . Step 4.
What happens Next after pick-up?. You’ll see all your items and their status in the dashboard. You can track sales and request a payout at any time..
How do we price things?. One of the most crucial tasks of selling goods is to determine the price which the buyer will be willing to pay..
What are the things the user can sell/buy?. Branded toys like hot wheels, lego, disney, barbies, transformers, nerf, etc. Standard toy categories like role playing sets, standard board games, children’s toy vehicles Children’s sports equipments Life sized stuffed toys and puzzle sets Remote controlled vehicles - more skilled personnel required to quality check and refurbish - more cut for us in reselling it. Total minimum toy value = 500 Rs.
BUSINESS MODEL - OVERVIEW. Marketing. Marketing ourselves as a niche for toy selling and buying along with placing ourselves as a service which promotes and inculcates sustainable environment by reusing items.
BUSINESS MODEL - OVERVIEW. Key Partners Used toys suppliers such as teenagers and parents Warehouses for storing toys Courier service companies for delivering toys.
Cost Structure & Revenue Stream. Warehouse. Rent of the storage facility.
THE MARKET OPPORTUNITY. India's Toy Industry stands at a whopping size of USD 1.2 Bn forecasted to grow at a CAGR of 12.66% and reach 2 Bn by 2026 Of 52.44 Mn, It is assumed that 60% of these sales stream from online channels (parallel to data obtained from Hamleys). Leading to an available market size of 31.46 Mn 4 The Target market - High-end toys majorly including Dolls, Construction Sets, Models, and Legos contributed to 52.44 Mn Conservatively Assuming that 9% of the Upper Class contributes to 50% of the market of high-end toys, we are still left with a target market equal to 15 Mn USD.
Scrap/Junk Dealers. Selling their toys as scrap to local dealers.
COMPETITOR ANALYSIS. The incentive for the user to use our service over these portals is that they will avoid all the steps the user would be taking by using these services and save valuable time and get an excellent price for their toys. We also provide the users with assistance in promoting their items to the target buyers. We help them with cleaning , evaluating , product research , and determining the price for their toys and marketing, compared to the raw C2C interaction in OLX, Quikr, etc..
GROUNDWORK. Warehouse for the inventory. Scalable according to the size of the business.
STAKEHOLDERS. Warehouse for the inventory. Scalable according to the size of the business.
TERMS OF USAGE. We won’t accept toys of less than a minimum value to ensure sustainability.
FUTURE PROSPECTS. We can tie up with companies which operate in this area like FirstCry, MamaEarth, etc. and sell their unsold stock and returned products . We can expand to other categories like adult second hand clothes, video games, gaming consoles, unworn baby clothes up to size 6, and other kids gear. We can tie up with more NGOs and add an exclusive option to donate toys in the application. We can also set up ad service where we can promote sustainable products. We can also expand our user base to pet parents , a promising market with less competition..
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Redbricks Hackathon organized by Ashoka University First position in sustainability track from 35+ teams from all over Delhi-NCR Anveshan Hackathon organized by IIIT Delhi Second position from more than 45+ teams RASVERSE: IdeaFind+ organized by IEEE, VIT Vellore Awarded Best Fresher’s team from over 200+ startup ideas from all over India Erudition 22 organized by E-Cell, Bharati College, DU Second position from over 35+ startup ideas from all over Delhi-NCR Atheneum 2022 organized by IGDTUW Delhi Second position in edu-tech track from 250+ ideas from all over India.
MENTORS. Indrani De Parker Richa Gupta Ankur Sardana Director of User Experience at Olx Group with over 14 years of experience Soven Parker Designer at Incedo Inc. with over 2 years of experience and a master’s degree in UX Design Sarfraz Arshad Founder of MavenDevs, Co-Founder and CTO of TOYCYCLE with over 15 years of experience.
FUND NEEDED. FUND NEEDED. & UTILISATION PLAN. FUND NEEDED.
We are open to feedback and any kind of questions..
Thanks for your attention!.