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RateIt Engine

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Who can repair the plumbing in your 50-year old house? Where do you get your hair cut? ... http://www.godaddy.com/gdshop/default.asp. Web Developers/ Web Masters ... – PowerPoint PPT presentation

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Title: RateIt Engine


1
Rate-It Engine
  • Green Team Technologies
  • CS 410 Spring 2007

2
Organization Chart
2
3
Overwhelmed By Choices?
  • Who can repair the plumbing in your 50-year old
    house?
  • Where do you get your hair cut?
  • Who should press your suit for the big interview?
  • Who would you trust to perform surgery on Fido?
  • Where should you eat?

3
4
Problem Statement
  • Current service industry review websites do not
    provide a mechanism for reviews to be filtered
    based on user preference.

4
5
Goal Statement
  • To provide an easy way for content creators to
    add a review engine specifically targeting
    services to their website.

5
6
Objectives
  • Provide a mechanism for services and their
    associated reviews to be rated independently by
    users
  • Recommend compatible services to user based on
    stated preferences and history of ratings
  • License ratings engine to content creators for
    rapid development of websites

6
7
Functional Aspects
  • One-click up/down voting of services and reviews
    by any registered user
  • User can view recommended services based on their
    preferences and personal ratings
  • Anyone can read reviews
  • Registered users can write reviews

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7
8
Process Flow Diagram
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8
9
In the Box
  • Rate It Engine ready to run on specified
    webserver/database combination
  • Customizable using industry standards to match
    existing look and feel of current website
  • Support contract to help with installation and
    use of engine

9
10
MFCD
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11
Revenue Model
  • Licensing Fee
  • 749 Per CPU
  • Annual Support Contract
  • 99 Per CPU

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Expected Revenue (1st Year)
13
Expected Revenue
13
14
Initial Startup Cost
  • Web Hosting Service for 5.95 per month
  • http//www.hostmonster.com/
  • Domain Name registration for 8.95 per year
  • http//www.godaddy.com/gdshop/default.asp
  • Web Developers/ Web Masters
  • Salary survey done in Norfolk, VA (zip code
    23501)
  • Median Salary 65,144
  • http//salary.hotjobs.com/

14
15
Internet Usage
  • 210,080,067 Americans with internet
    accesshttp//www.internetworldstats.com/stats2.ht
    m
  • 114.7 Growth from 2000 2007http//www.internet
    worldstats.com/stats.htm

16
Reviewing of Restaurants
16
17
Proof of Concept
  • Restaurant Review Site
  • Industry is huge
  • Estimated Revenue of 537 billion in 2007
  • Large base for restaurant reviews
  • 935,000 Restaurants in US
  • Restaurants have loyal patrons willing to write
    reviews/discuss experiences
  • High incidence of repeat business

03/27/2007
http//www.restaurant.org/aboutus/faqs.cfm
17
18
Less Time to Cook
Source Energy Information Administration, 1993
2001 Residential Energy Consumption Surveys.
http//www.eia.doe.gov/emeu/recs/cookingtrends/coo
king.html
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18
19
Longer Working Hours
  • The average employed American works a 46-hour
    work week.http//www.libraryspot.com/know/workwee
    k.htm

19
20
Traveling
  • Daily travel in US totals four trillion miles
  • 14,500 annual miles per person
  • 2.6 billion trips of 50 miles or
    morehttp//www.bts.gov/publications/highlights_of
    _the_2001_national_household_travel_survey/pdf/ent
    ire.pdf
  • These people need to know where to eat

21
Fast Food Facts
  • 44 of all adults dine-out daily
    http//www.aarp.org/health/staying_healthy/eating
    /a2004-09-16-eatingout.html
  • 20 of all meals prepared in a commercial
    settinghttp//www.restaurant.org/rusa/magArticle.
    cfm?ArticleID138

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Potential Customer Base
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Functional Goals
  • Provide complete view of restaurants
  • Objective factual restaurant profile
  • Location
  • Genre
  • Price
  • Subjective consumer reviews
  • Provide targeted advertising
  • Advertising to the correct consumer
  • Encourage community among users

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Current Ways to Find a Restaurant
  • Yellow pages
  • Word of mouth
  • Traditional Internet Review Sites
  • Need to sift through data
  • Restaurants provide biased reviews
  • Driving around town
  • Expensive
  • Inefficient
  • Judging book by its cover

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Disadvantages of Traditional Review Formats
  • The Yellow Pages do NOT tell you
  • If the food is good
  • If the staff is friendly
  • If the prices are reasonable
  • Even if the restaurant is in your immediate area
    (If you are out of town)

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26
Competition Matrix
26
27
Risks
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Conclusion
  • Rate It! Review Engine will enable website owners
    to quickly put in place a functional reviewing
    mechanism that encourages user participation and
    intelligently steers users towards compatible
    services.

29
References
  • http//www.scarboro.info/dining.htm
  • http//www.libraryspot.com/know/workweek.htm
  • http//www.eia.doe.gov/emeu/recs/cookingtrends/coo
    king.html
  • http//www.bts.gov/publications/highlights_of_the_
    2001_national_household_travel_survey/pdf/entire.p
    df
  • http//www.aarp.org/health/staying_healthy/eating/
    a2004-09-16-eatingout.html
  • http//www.restaurant.org/rusa/magArticle.cfm?Arti
    cleID138
  • http//www.restaurant.org/aboutus/faqs.cfm

30
References (cont)
  • http//www.internetworldstats.com/
  • http//www.hostmonster.com/
  • http//www.godaddy.com/gdshop/default.asp
  • http//salary.hotjobs.com/
  • http//www.census.gov/population/www/popclockus.ht
    ml
  • http//www.wsworkshop.com/money/ad-revenue-models.
    html
  • http//digitalenterprise.org/models/models.html
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