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Zenue will change the wedding

industry forever by automatically


connecting research and inspiration
with a seamless online booking
experience.

Please note that all currency figures are in $AUD.

/zenue

zenue.co

@zenue_co

@zenue.co

www.zenue.co

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Why the wedding industry?


LAUNCHED JULY 2015

MAIN USERS

WEDDING
COUPLES
2

#MAKEYOURMARK
#ZENUE

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Problem

INSPIRATION
RESEARCH

SUPPLIER
SEARCH

MANAGING
QUOTES

INVOICE

FACEBOOK,
GOOGLE,
DIRECTORIES

15 HOURS PER WEEK

#ZENUE

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Solution
CONTENT
QUOTING
PAYMENTS
DUE
SELECT
PAID

PAID

#ZENUE

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The Business Model

REVENUE MODEL
Zenue takes 5% commission fee on venue
bookings and 10% on all other services.

Zenue 2.0
Recently
engaged
couples

Targeted
results

CUSTOMER

ALL IN ONE
PLACE

SUPPLIER

Facebook and
influencer
marketing
The best
suppliers

Qualified
leads

#ZENUE

Pay per
job

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Market Analysis & Opportunity


TOTAL ADDRESSABLE MARKET

US

AUSTRALIA

118,962
WEDDINGS

TOTAL SERVICABLE MARKET

TARGET MARKET

95%
OF THE MARKET

10%
MARKET CAPTURE

$4.3B

$4.09B

$409M

$72B

$68.4B

$6.84B

$36,200
AVERAGE COST

#ZENUE

GROSS

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Acquiring Market Share


All companies that grow really big do so in only one way:
people recommend the product or service to other people.

Marketing = 2%

Product = 8%

Facebook - Influencers
SEO - Referrals

Word of Mouth

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Competitor Analysis
Every search result on a directory is determined by who pays the most.

Image-based search
Augmented
Intelligence
Pay per job
Focus on nontraditional venues
Quoting & payments
through platform

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Traction
Weve been doing this for a year.

We understand this space and how broken it truly is.

65K+ Revenue

$4.5K p/w

Largest database of non-traditional


wedding venues in the country.

Over 40% of Zenues properties are


listed on no other wedding website.

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#ZENUE

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Team

PAUL CARR
Founder and CEO

SIMON SOROCKYJ
Startup Lawyer

10

ADRIAN OSMAN
CoFounder Zenue + CEO of Pitchblak

JOSH WITHERS
Australias Top Wedding Celebrant

#ZENUE

MIKE PEARSE
Commercial Director of Pitchblak

MAGIDA EZZAT
Head of Marketing

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Revenue & Key assumptions


Profit

Loss

$4,000,000
Profit
2.2Mil

$3,000,000

Forecasts are based on a 5%


booking conversion rate.

$2,000,000

Cost per lead = $11


$1,000,000
Profit
-174K

$0

2016

Profit
-107K

2017

Profit
264K

2018

Potential value per lead = $3035


2019

Detailed financial data is available on request

11

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#ZENUE

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Barriers to Competitors

12

First mover advantage

Brand loyalty

Innovation patent

Exclusive partnerships

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#ZENUE

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Risks
Risks
Risk

Likelihood

Impact

Disintermediation

Medium

Medium

Limited supplier options early stages

Medium

Medium

Customer retention

Medium

Medium

Low

High

Run out of money

Low

High

Pinterest could one day be a competitor

Low

Medium

Getting users
13

13

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#ZENUE

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Exit
Investment
Along with a significant year-on-year increase in investment rounds, the wedding industry has also
seen a series of major vertical acquisitions.

Exit Strategy

Trade Sale

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Highly Likely

List

Possibly

Merge

Unlikely

Potential targets include: WeddingWire,


XO group, Pinterest, HoneyBook

#MAKEYOURMARK
#ZENUE

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Investment
Investment

$500K
for 20% equity
18 months runway

$250K (50%)

Product development

$110K (22%)

Wages

Costs fall into 5 main categories:

$70K (14%)

Marketing

$50K (10%)

Contingency

$20K (4%)

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#MAKEYOURMARK
#ZENUE

Professional Services

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Contact

Contact

PAUL CARR
Founder and CEO
paul@zenue.co

References

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1.

http://www.easyweddings.com.au/pro-education/wp-content/uploads/sites/17/2015/11/Easy-Weddings-2015survey-results-double-page-spread.pdf

2.

59% of couples surveyed by Zenue marries in a non-traditional venue. Of the 41% of couples who married in a
traditional venue, 77% said they would have opted for a non-traditional venue if they were easier to find - https://
rgg.typeform.com/report/Trwfue/uDjG

3.

http://www.mccrindle.com.au/blog/2015/02/Marriages-and-Weddings-in-Australia_Infographic.jpg

4.

http://publications.weddingwire.com/i/642804-weddingwire-newlywed-report/7?m4=

5.

http://www.forbes.com/sites/alextaub/2015/10/29/loverly-is-bridging-the-gap-between-the-online-and-offlinewedding-industry/#2616554b317b

6.

http://www.abs.gov.au/ausstats/abs@.nsf/mf/3310.0

7.

http://www.soundvision.com/article/wedding-statistics-in-the-united-states

8.

https://rgg.typeform.com/report/Trwfue/uDjG

9.

https://techcrunch.com/2015/05/11/vcs-put-a-ring-on-wedding-companies/

#MAKEYOURMARK
#ZENUE

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