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The Community Accelerator
The Community Accelerator
Towni is a suite of online services
that serves community residents,
fulfilling these missions:
Informing & EducatingResidents onCivic Matters
Strengthening Local
Economies
Funding & PromotingCommunity Initiatives
The Community AcceleratorMARKET NEED
Small and medium-size retailersseek a means of delivering promotionalinformation to prospective clients in a
geographically proximate area.
CONSUMERSMERCHANTS
WHY NOT FACEBOOK?a) Doesn't adequately target by geography b) Preaches to the converted
WHY NOT PRINT?a) Highly cost-prohibitive b) Offers no performance metrics
Many people intrinsicallyunderstand the value of shoppinglocal, knowing that it keeps wealthrecycling through the community.
WHY NOT GEO-TARGETEDDISPLAY ADS?
Display ads are coming to be seen as the 'noise' of the Internet. They serve to increase brand awareness, but do a poor job in inducing transactions.
SO WHY DON'T THEY?
They have "retail blind spots" when driving - seeing the same stores each time, and missing the same ones each time as well.
Print directories aren't cost-effective, nor compatiblewith a 21st century mobile lifestyle.
Online directories are sub-standard in both form and function, and rarely integrate an e-commerce experience.
Traditional "deals" websites don't drill down to the hyperlocal level,and their business model is proving unsustainable.
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2
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4
The Community AcceleratorTHE MARKET: EXPLOSIVE GROWTH
Crowdfunding
LocalOnline
Advertisingfor SMBs
$24.5 Billion in the United States
in 2013
CAGR: 34.7%Source: Borrell Associates'
Local Advertising Outlook for 2013
$396M(2011)
Philadelphiamarket
2012 2017
$51.1B
$18.7B 2012 $2.8 billion
Amount raised throughcrowdfunding projects
Source: Crowdfunding Industry Report from Massolution, as reported by VentureBeat, May 2012.
Includes equity, donation, lending, and rewards-based.
2011 $1.5 billion
CAGR: 91%
The Community AcceleratorBUSINESS MODEL
Free $28 $68 $148RECURRING MONTHLY SUBSCRIPTIONS
Each tier offers higher posting frequency and duration.
Paid levels provide analytics, and allow for ads to show on town content pages.
+ 24% + 19% + 14% + 9%COMMISSION ON E-COMMERCE TRANSACTIONS
PER TOWN TARGETSAverage Paid Subscribers ~20Average Monthly Subscription Revenue ~$800
~$800Average Monthly Commission Revenue
$19,200/town/year
$200,00012 mos. revenue target
or
The Community AcceleratorSERVICES & VALUE STRUCTURE
Shop Local
KnowledgeBase
Crowd-funding
ENABLESCOMMUNITY-BUILDING
PROMOTESENTREPRENEURSHIP
DRIVESTRANSPARENCY
BUILDSHOMETOWN
PRIDE
MAXIMIZES PROSPERITY
VALUES CULTURE
CONSERVESRESOURCES
The Community AcceleratorSTRENGTHEN LOCAL ECONOMIES
Shop LocalTowni's core is a self-service, real-time
marketplace for merchants to postofferings in the form of announcements,
coupons or e-commerce.
Subscription-based + commissions on sales
Local business directory
Filterable; mappable
The Community AcceleratorINFORM & EDUCATE
Shop Local Township
Knowledge BaseA variety of comprehensive, visual-heavybreakdowns on local-themed subjects:
BUDGET HISTORY
LEADERS GREEN
MAPS IMAGES
STATS
The Community AcceleratorFUND & PROMOTE INITIATIVES
Shop Local
CommunityCrowdfunding
A fundraising platform for non-profits, artists andentrepreneurs to showcase their projects
and collect contributions.
KnowledgeBase
Rewards- or donation-driven
Future-looking: equity-based
The Community AcceleratorTHE PRODUCT
FOR MERCHANTS:
FREE$28$68
$148
REAL-TIME, HYPERLOCAL ONLINE MARKETPLACE COMMUNITY INTEL IN GRAPHIC FORM SECURE FUNDRAISING
FOR ORGANIZATIONSRAISING FUNDS:
5% of amount raisedcommissions
9% - 24%
The Community AcceleratorCOMPETITIVE LANDSCAPE
Local OnlineAdvertising
Township Information
Crowdfunding
OFFICIAL TOWN SITES
DAILY DEALS
NON-PROFITS/NGOs
MEDIA
FOR-PROFIT
REWARDS-BASED
The Community AcceleratorGEOGRAPHY - LAUNCH
cinnaminson
delran
moorestown
mount laurel
cherry hillhaddonfield
MAPLE SHADE
Towni Localistics is based in Moorestown, New Jersey,and anticipates debuting in seven
neighboring communities in Spring 2013.
Represented Population:
200,000
The Community AcceleratorFUNDING & INVESTMENT
Towni Localistics is a New Jersey-based Limited Liability Corporation.
To date, the business is entirely self-funded by the founders, with no debt.The founders expect to pursue seed-stage funding in Summer 2013.Capital sought is in the $80,000 - $160,000 range, and will serve to scalethe service from the 7-town launch phase to a 30-town phase.
The equity holders (the two founders, in equal shares) are open to partingwith an ownership stake, but preferably seek a convertible note arrangement with a strategic partner.