Boatwyze Inc. Boat Rental Marketplace
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1 Boatwyze Inc. Boat Rental place May 19, 2016
2 2
3 Uber, the world s largest taxi company, owns no vehicles. Facebook, the world s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world s largest accommodation provider, owns no real estate. - TechCrunch
4 Size and 100 M Yearly Boaters in N. America* 20 M Registered Boats in N. America* $5 B/yr Size of N. American Boat Rental * ($35 B Globally) Boating is expensive Boats sit idle 97% of the time Rental industry transformation 4 *See appendix for market statistics references
5 Boatwyze Online platform that connects boat owners with qualified renters Up to $3M of insurance coverage Autonomous member-to-member messaging, bookings and reviews 30% of rental income and 10% booking fee 5
6 Boatwyze Inc. is Canada s first insured Boater-to-Boater boat rental community. We connect qualified renters with local boat owners looking to offset the cost of ownership. Location: We are located in Vancouver, BC and currently have a fleet of boats all over the coast of BC and are growing the fleet nationally and in the US. Mission: To become the largest national boater to boater marketplace and premier boating site in Canada. Vision: Make boating more accessible and affordable to everyone by sharing the costs of ownership with your friends and neighbours.
7 Current Fleet Includes 100 Boats 7
8 Why Boaters use Boatwyze Boat Owners Boat Renters 1. Earn $$$ - Free to list, owners set the price and availability 2. Qualified Renters We prescreen renters but owners have the final say 3. Insured Every rental is insured up to $3,000, Affordable Prices are usually a fraction of charter and rental companies 2. Great selection Large selection of boats from kayaks to sailboats, powerboats and yachts 3. Peace of Mind Every rental is insured up to $3,000,000 8
9 Story Insurance: Structured a commercial peerto-peer boating insurance policy with Eagle Underwriting Platform: Built an online platform (boatwyze.com) that facilitates memberto-member communication, bookings and reviews Legal: Hired Bull Housser law firm to put together our Terms of Service and ensure we are in compliance with regulations Inventory: Listed over 50 boats Rentals: Processed over 170 rental days Expansion: Initiated expansion into Ontario through a commission based agent 9
10 How our Service Works 10
11 11
12 Example Profile 12
13 Example Review 13
14 target market Owners Boaters who can t afford their boat but want to keep it Boaters seeking additional income and own a boat Boaters who want to meet new boaters and share their passion for boating Young boat owners, they understand the concept well Wives who think their husbands boats just sits there and they should sell it 14 target market Renters Qualified renters People who owned boats in the past, don t want to own but want to boat People who have chartered similar boats in the past or have some history of boating Foreign travellers who are boaters in their home countries Retired people looking for something to do People going on a fishing trip / kayaking trips Spending a day on the water, top things to do in Vancouver Young boaters (25+)
15 ing Mix 15 Channel Magazines Web Boat Show Booth Branding Users Networking and Word of Mount Description January 2015 issue of Pacific Yachting May 2015 issue of Pacific Yachting Social media, Craigslist/Kijijii and Google Ad Words Vancouver International Boat Show at BC Place - January 21-25, 2015 Attending Victoria Boat Show May 1-4, 2015 Boatwyze t-shirts Boatwyze boat flags Boatwyze boat signs Get users to promote by sharing and sharing experiences on the boats. People love to talk about their boat or people they know who own boats and refer other boaters. We work to contact as many people as possible who we come across who express an interest in boating. Reviews Taking pictures of their experience for us to promote on our website and social media Encouraging boat owners to promote their own boat for rent
16 Media exposure 16
17 Competitor Landscape North America AFFORDABLE Dangerous and uninsured RENTAL COMPANY AGGREGATOR PEER-TO-PEER 17 EXPENSIVE
18 Transforming the boating industry Making boat renting more appealing Giving renters access to the finest selection of privately owned boats Making boat ownership more affordable Serve as a catalyst for increased boating activity
19
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