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Pod Business Plan

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<strong>Pod</strong> Giving<br />

Executive Summary<br />

Opportunity<br />

Problem<br />

Our culture is quickly becoming cashless, and there are no options for churchgoers<br />

and charitable givers to donate quickly in-person without cash.<br />

Solution<br />

<strong>Pod</strong> allows anyone with a card, the most popular form of payment, the convenience to<br />

donate in a single second.<br />

Market<br />

We expect our strongest target market to be churches. According to our research,<br />

there are 350,000 churches in the United States, and churches account for 32% of all<br />

charitable donations totaling $114 billion. To start, <strong>Pod</strong> will focus on churches, but we<br />

see a large opportunity in the fundraising industry as we grow.<br />

Competition<br />

There are multiple options to give in-person, but each of them have an element of<br />

inconvenience. Below is a summary of our competition and the issues for each option<br />

are described in more detail under the competition section.<br />

• Online Giving: easily forgotten and non-participative<br />

• Kiosks: slow and non-participative<br />

• Mobile Applications: slow, not user-friendly for everyone, and distractive<br />

• Text Giving: slow, not user-friendly for everyone, and distractive<br />

• Products Like Square: slow and not user-friendly for all age groups<br />

• Cash and Check: unpopular<br />

Contrary to our competition, <strong>Pod</strong> offer the least resistance to give being fast,<br />

participative, user-friendly, non-distractive, understandable by all age groups, and<br />

CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret<br />

information and is shared only with the understanding that you will not share its contents or ideas with<br />

third parties without the express written consent of the plan author.<br />

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