Tuesday, September 25, 2012

First trimester

We have finished the dreadful first trimester of TechStars.

It feels like our baby has grown, all the nausea and headaches have passed and we can see the sonogram of our baby, its a startup!!!

We have met so many great mentors in the past month, most of  them liked our product, some of them said we should tackle the problem differently, and almost all of them liked the scanning angle and the design :)

We have been listening, closely, and every day we thought about how we can make our product better and what is our launch strategy. There have been discussion that lasted hours, weekends we went home and slept on the ideas and if they still  looked good on Sunday (we work on Sunday, sorry), we put them into action.

We have decided that our product, as beautiful as it is now, needs a boost, we need to fill the empty bucket of data to make the comparison even better. This is why we have decided to add a middle of the road milestone, by supplying immediate gratification to our users, we will provide our users tailored coupons to their shopping list.

Tailored coupons means that there is no longer a need to cut the newspapers and sift through coupons you don't need and don't want, we will do this for you. Just scan your receipt and Saverr will do the magic of finding the exact coupons you are looking for. We know what you buy so we will help you save money on these items.

Our master plan is to launch the app with these features within two weeks and from there on we plan to add more great features we are working on, a sneak peek of the features are the ability to create and edit a shopping list, adding the viral feature of helping you help your friends save, adding gamification to make the app much more fun (yes there will be beautiful badges) and much more.

We plan to sink in work and make it easy to save, hang on, it is going to be fun.