Capitalize AVO www.avoapp.com
Even with Skype, Viber and WhatsApp, mobile customers still spend hundreds of billions on roaming charges for data and calls abroad. Why is that?
Key reasons VoIP services, such as Skype, Viber and WhatsApp can t receive inbound calls made to customers mobile number; Creating a local VoIP number for a call re-direct is possible(e.g. though services such as Vonage or Skype), but too time consuming/expensive and difficult for most consumers; Only 15% of consumers can correctly identify mobile roaming charges and changes to EU legislation (which only impacts the EU, from 2017 onwards) are described as half-backed and won t solve the problem of higher roaming costs
Alternatives people use Some (around 25%) more frequent travellers attempt to use other solutions: By a local SIM/phone for cheap local Internet access. However, this doesn t solve the inbound call cost problem or reducing roaming charges if they use their phone from home Restricted to calling home only when they have Wi-Fi access, which depending where you are traveling isn t always reliable or offers enough bandwidth for a VoIP call. Carrying two phones. One for cheap local Internet, the other to rec eive inbound calls, but those calls from home are only returned wh en the customer has Wi-Fi access.
None of these solutions are ideal. Despite technology advancing, there s no simple way customers can receive calls from home without the expense of roaming or inconvenience of depending on local Wi-Fi.
Market Size Every year, over 600 million mobile subscribers inc ur $70 billion worth of mobile roaming costs. AVO is the solutions. u u u http://www.solonstrategy.com/uploads/tx_soloncm003/solon_briefing_international_roaming.pdf http://www.iata.org/pressroom/pr/pages/2011-02-14-02.aspx http://data.worldbank.org/indicator/st.int.arvl
Solution by AVO With AVO, customers can: Communicate (call and message) for free with other AVO users; Make low-cost calls locally and internationally, wherever they are in the world; Accept calls from home, without incurring high roaming costs; AVO users get to keep their mobile number abroad without worrying about high roaming costs.
Design
Competitors Direct: Roamer App YouRoam Indirect: VoIP services: Skype, Viber, Whatsapp Tourist SIM cards/devices
Business Models Prepaid plans Pay for outgoing minutes (Pay as You Go), depends on the price plan: Premium plan low per minute rates Or Basic plan higher per minute rates Subscription plans Unlimited incoming calls 15-75 per year depends on the regions Unlimited outgoing calls to 52 countries 20 per week Unlimited incoming and outgoing calls 30 per month or 150 for six months Bundle plans Users can order a SIM with a data plan for country/region of their travel destination. The SIM will be delivered to their home or hotel at the destination, and will receive credit on AVO account.
Making progress
Progress
Geographic footprint
Goals Dec 2015 20,000 registered users 5 B2B sales 100 SIM sales 10 distribution partners Partnership with Airbnb or similar Dec 2016 1,000,000 registered users $200,000 Monthly revenue Presence in Australia, Africa Registered first MVNO Partnership with Telegram Jun 2016 500,000 registered users 100 B2B sales 10,000 SIM sales 1000 distribution partners Partnership with major Telecom Presence in US, EU, Asia Close next round Jun 2017 2,000,000 registered users $500,000 Monthly revenue Presence in South America 5 registered MVNO
Current Partners Telecom Continental Group telecom connections for Moscow and St. Petersburg Runexis telecom connections for other Russian regions NextTell calls termination for Russia and CSI region Flowroute telecom connection for USA Lanktelecom calls termination worldwide Voiptrafic.net calls termination worldwide Other Tourtech.ru SIM cards with dataplans for EU ReadySIM.com SIM cards with dataplans for US, Canada and Mexico Paxport.pro distribution partner Excursiopedia.com distribution partner
AVO Team
Investment Requirement Investments needed for 6 month Team $25,000 Hosting $3,000 Telecom Connections $2,000 Travels $10,000 Marketing $60,000 Total $100,000
Contacts: ceo@avoapp.com +7 925 985-77-83