3. The solution
QuikCheck
Our safe, mobile app allows
the customer to scan and
pay for their items as they
shop. The customer no
longer has to wait on
cashiers or self check-out
kiosks.
4. How it works
Step 1
Before you go: Upload
credit card information
to app
Step 2
In store: Scan items as
you put them in your cart
Step 3
Before you leave the
store: Finalize and pay
5. Why would this be a sucess?
… “can save $12 million a year
for every second it can cut
from the average checkout
line”... -The Wall Street Journal
8. How Big is the Market?In 2014, grocery store sales in U.S.
$587.5 billion
Source:IBIS World
9. 5 Year Projection
Year 1
Q1-Q2: Beta testing, 3
Mariano’s stores in Chicago
Q3-Q4: expand to all 32
Mariano’s locations in
Chicago
Year 2
Testing existing 32
Mariano’s locations
Year 3
Expand to 58 locations of
Pick’n Save
Year 4
Expand to 25 Locations
of Copps
& 4 locations of Metro
Market
Year 5
Expand to 53 locations of Whole
Foods
Total location: 172
10. Revenue model
● App Design
● Marketing
● Salary
● Maintenance of
app
Pricing StrategyPricing
StrategyPricing
Strategy
● B2B
● Q1- no licensing fee
● charging $0.20 per
100sq/ft
○ average
$680/month/store
Pricing Strategy
Expenses
Categories Year 1 Year 2 Year 3 Year 4 Year 5
Total Revenue $136,680 $261,120 $734,400 $ 971,040 $ 1,403,520
Expenses
App Cost $ ( 50,000) 0 $ (50,000) $ (100,000) $ (50,000)
Marketing $ (50,000) $(100,000) $ (200,000) $ (250,000) $ (500,000)
Salary $ (80,000) $ (80,000) $ (80,000) $ (80,000) $ (80,000)
Other Costs $ (20,000) $ (20,000) $ (40,000) $ (40,000) $ (40,000)
Total Expenses $ (200,000) $(200,000) $ (320,000) $ (470,000) $ (670,000)
Net Income $ (63,320) $ 61,120 $ 414,400 $ 501,040 $ 733,520