Wednesday, March 2, 2011

Business Idea and Market Opportunity

Phase 1
  • Target student count 3650
  • Target pre-schools, primary schools, creche etc. in metros(where purchasing power is high). They are least automated with zero or very low budget for IT spending.
  • Automate their operations for free using sophisticated web based tools. Provide all possible resources to help them achieving operational efficiencies. Please see use cases of web portal.
  • In return to above we will get following important information
    • Kids data (sex, age, date of birth)
    • Parents data (address, phone, email)
  • Use above data to exploit very accurate target market e.g. Two revenue channels
    • Direct revenues
      • Birthday Parties arrangements thru outsourcing (use cold calls two week before birthday)
      • Provide hobby classes (piano classed, dance classes, abacus, drawing, sports etc.)
      • Many other things similar to above where direct selling is possible
    • Indirect Revenues
      • Use portal to sell toys, consoles, games very specific to kids (similar to cross selling)
      • Align products to marketing effort of other companies (Sell Toy Story toys during marketing on other channels by Pixar e.g. television commercial)
      • During festivals or specific time of year sell specific products (e.g. toy boat and umbrella during rainy season)
      • Use portal for advertising revenues.

No comments:

Post a Comment