Business Model - ePareeksha.com

Description
It describes about the usabliity of such an online portal and how it is used by both the faculty and the students. It covers the broad agenda of the business idea followed by the business and the revenue model. The it highlights the market opportunity, competitive landscape and the scalability and the sustainability of the product. Finally it winds up with the marketing and promotion of the online portal and the breakeven analysis for the same.

ePareeksha.com

AGENDA
? ? ? ? ? ? ? ? ? ? Business Idea Business Model Revenue Model Market Opportunity Competitive Landscape Product Offering Scalability & Sustainability Operations Marketing /Promotion Break Even Analysis

Business Idea
• Online Portal for Test Series • Engineering and Medical Entrance Examinations • Faculty and Experts would upload Test Series • Prospective Engineering and Medical Aspirants can download the test series • Other Value Added Services
– Discussion Forums where Experts and Students can interact

Business Model
Download / Use

Faculty and Experts

Upload

ePareeksha .com

Analytics

Interact

Interact Advertisement

Medical and Engineering Aspirants

Colleges, Coaching Institutes, Book Publishers

Revenue Model
Pay Fixed + Variable Amount

Faculty and Experts

ePareeksha .com

Pay Fees

Advertisement Money

Medical and Engineering Aspirants

Colleges, Coaching Institutes, Book Publishers

Market Opportunity
• • • • IIT – 3,84,977 students (24% growth rate) AIEEE – 9,62,000 students (20% growth rate) VITEEE – greater than 1lakh students AIPMT – greater than 1 lakh

Competitive Landscape
• Existing players in online space
– Goiit.com – EntranceCorner.com – Topchalks.com

• Brick & mortar players
– FIITJEE – Brilliant tutorials – Aakash Institute

• USP of ePareeksha.com
– Diverse set of resources – Use of analytics

Product Offering
• Faculty & Experts
– Platform to sell their teaching resources

• Students
– Paid services
• Test Series • Performance evaluation & feedback • Video/audio lectures

– Free services
• Discussion forums • Campus tours • News & notifications

Scalability & Sustainability
Scalability:
• Basic Value Prop ? Question Papers and Answers • Scalability is not linearly proportionate to Critical Resource • Opportunity to Diversify ? GRE, GMAT and CAT

Sustainability:
• Faculty and Experts ? Building their own Brand • Students ? Ranking and Accurate Feedback through Analytics • ePareeksha.com ?Subscription fee from Aspirants and Revenue from Ads

Operations
PHASE - 1 News & Notification Discuss with peers & Experts Free user Registration confirmation mail to log in with user-id & password

PHASE - 2 Download Client software

Payment options

On line Offline Update Notification

Download Resources

Subscription confirmation

Update Software

Screenshot of the Client S/w

Marketing/ Promotions
• Inbound marketing
– Blogs, youtube, twitter, facebook, etc

• SEO • Outbound Marketing
• Initial promotions
– Direct selling to faculty & experts – Career counseling & Personality development sessions & interactive sessions with various entrance exam toppers in schools

• Strategic alliance with engineering and medical colleges • Advertisements in social networking sites

Break-even Analysis
Rs. Network and Infrastructure Charges Employee Costs Marketing Cost of sales 10,00,000 30,00,000 7,00,000 2,00,000

Total Costs No of users for Break even (@ Rs. 1,000 subscription fee)

49,00,000 4,900

Thank You!



doc_385811700.pptx
 

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