eChops is Nigeria's first online food delivery portal that allows users to order meals from restaurants on their mobile devices or computers and have the food delivered. The startup was founded by six students from the University of Ibadan, and aims to provide a convenient solution for ordering food while busy with work or school. Users can browse participating restaurants, place an order, and pay a small token fee for delivery. The founders plan to partner with logistics companies to handle deliveries and generate revenue through restaurant subscription fees and user payments per order. Initial funding will come partially from the founders and through investors.
2. Has there ever being a time
when you were seriously
hungry but stuck with work,
lectures or racing against a
deadline?
Now you have an ingenious
and easy-to-use solution at
your fingertips….
introducing….
eChops...chops on the fly
3. Please meet eChops….
eChops
Nigeria’s first online food portal.
Imagine ordering for your food from
the comfort of your room, office and
have it delivered to you in no time…
Now that’s possible in Nigeria via
eChops…
eChops...chops on the fly
4. About eChops…
• eChops is a web based application, fully optimized
for an enjoyable mobile user experience. It is a
platform for food vendors to meet their prospective
clients.
• So, it’s that easy…view and place your order…and
we deliver. That’s the eChops way. View your
favorite restaurants…then order for a token.
eChops...chops on the fly
5. The Team..the eChoppers
• The eChops team constitutes of a team of six budding
student entrepreneurs all of the University of Ibadan with
disciplines ranging from Electrical & Electronic Engineering to
Computer Science.
• Olukoya Didunoluwa, the team lead is an undergraduate of
Electrical & Electronic Engineering who has a knack for
software technologies designed to make life easier. Skilled
in Enterprise Technologies Framework,Software
Development Lifecycle and a host of other software
technologies.
• Olatoye Olabode on the other hand is a startup enthusiast
cum entrepreneur with competencies in Business Process
Development , Sytems Analysis and Marketing.
eChops...chops on the fly
6. Oladipo Oluwaseyi, also a Google Ambassador an undergraduate
of Electrical and Electronic Engineering, a philanthropist and loves
fast and powerful cars, Osho Ajetunmobi, is a startup enthusiast and
an aspiring project manager.
Adepoju Abiodun, who is a Google Ambassador, also a technology
evangelist, a digital and social media strategist amongst many other
roles.
Last but definitely not the least, we have Ijagbone ‘iDJANGOne’ Itua,
the programmer-cum-entrepreneur of the team. His nickname arises
from his technical proficiency in the Django framework, Python, Java,
and not to mention Android programming also.
eChops...chops on the fly
7. Business Model
• Given the population and response from our research
we were able to come up with the following business
model.
• The Subscription plus Usage Revenue Model is the
business model of choice for eChops.
• Here, fast food vendors subscribe to be placed on the
platform so as to be able receive orders from potential
clients via eChops, and the clients(individuals), pay a
certain token(a percentage of total cost designed to
encourage user to buy more but with a maximum cap of
500Naira).
eChops...chops on the fly
8. Sales and Marketing Strategy
• Coincidentally, all team members are Google
Online Ads Certified Professionals, so an intricate
and well reaching online campaign would be run as
soon as we launch out.
• The first 50 Food vendors to get on the platform
would not get to pay subscription fees for 6 months.
• First clients to use the app would get to use it at
exclusive discounts.
eChops...chops on the fly
9. Partners and Allies
• A very important partner in this is the logistics
company handling the delivery as we came to
understand that this(deliveries) is a whole new line
of business and we would rather concentrate on
making the whole experience an enjoyable one so
we are presently having talks with logistics
companies to strike a very good long term deal.
• Another ally is the Tablet OEM Manufacturer, talks
have gone on as to how we can partner.
eChops...chops on the fly
10. Funding
• This is a virgin market in Nigeria and for that
singular reason, we want to get it right from the
onset. The eChops budget has been seriously
planned and slim-fitted to cut out excesses.
• Start out Funding would be partly bootstrapped
while the rest of it would come from other sources
such as funding from venture capitalists, corporate
investors and so on.
eChops...chops on the fly
