Ad&Charge: Business plan
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Transcript of Ad&Charge: Business plan
AD&CHARGEA MOBILE MARKETING SOLUTION
WHAT IS IT? • A service company which would operate on mobile platforms • The basic company philosophy is that people would be provided with
rewards, garner loyalty points which they may use for their personal purposes
Slogan: “ WE AD YOU CHARGE ”• This would serve as an welcome alternative to the current ad market where
all the benefits are taken by the company and ad platform
CURRENT MARKET FOR ADS With hundreds of billions being
spentannually, the ad market is one of
thesporadically growing sectors with
abright future
STATISTICS The shear amount and
quality of advertisements have caused the decline in conversion rates and also the credibility of advertisements at large
Conversion rates for advertisements in different sectors
MOBILE MARKETING CAMPAIGNS -1 In a stark change from McDonald’s typical flashy
mobile ads that pack multiple calls-to-action and graphics into interactive ad formats, this spring the chain ran a new native ad campaign touting the origins of its coffee drinks.
MOBILE MARKETING CAMPAIGN-2
A similar campaign was run by Scharffen Berger. The ads recently ran as banners in the Pandora iPhone app as part of AT&T’s new sponsored data program, which was introduced earlier this year.The sponsored content was only available to mobile users with an AT&T plan. A click-through on the banner ad brought up a landing page showing a video, and copy on the ad explained to consumers that watching the clip would not dip into data from their phone plans.Consumers could then watch a 30-second Scharffen Berger commercial.Once the clip ended, a message told consumers that they saved two megabytes on their data plan by watching the sponsored video.
MOBILE ADS
With over 4 billion mobile users and 1 billion smartphone users, mobile marketing has become highly relevant in today's world
Why advertisements on apps are relevant ?
Majority of time on a smartphone is being spent on apps. Hence in-app advertisements, notifications have become popular method of advertisements
In-app
advertisements
are not c
ool
NEED OF THE HOUR
A CUSTOMER-REWARD CENTRIC PLATFORM FOR MOBILE ADWARE The present apparition of adware among people has transformed from it being constructive information exchange to becoming a bloatware that people just skip through
THE SOLUTIONAD&CHARGE
A mobile platform that rewards its customers and provides a comprehensive branding/ testing environment for the company where the customers are willing to actively participate
ABOUT THE APP
A multi faceted app that integrates different modes of advertisements and brand communications for the company to the consumers with a seamless user-interface that inculcates a sense of trust in the user
TARGET AUDIENCE• Offerings are sectioned according to the needs of different sections of
society•Teenagers : video advertisements + mini in app games to keep them engaged•Working class: vintage advertisement (ad-tainment) + news feed for engagement
• The major targets however are TEENAGERS and the WORKING CLASS who are the predominant users of smartphones
COLLABORATORS/ PARTNERSCollaborator Function
COMPANY SPONSORS Customers who will be providing revenue to the company TELECOM COMPANIES Partners who would be providing exclusive offers in return for their publicity on our
channel
FOOD CHAINS Coupons, discounts etc. provided by them would be provided to the consumers
COUPON COMPANIES Their logistics and well established network could be exploited
PERSONALIZED GIFT COMPANIES
Specialized gifts to be provided to esteemed customers
AD AGENCIES Database of companies they provide ads, they can also outsource the branding to be provided by them
VALUE PROPOSITION – TO CUSTOMERS
“To provide a money-free service portal to fulfill people’s everyday needs in the comfort of their sofas”
VALUE PROPOSITION – TO COMPANY
“ to provide a trusted environment for effective brand communication to the masses”
SERVICES OFFERED➢MOBILE RECHARGES➢FOOD COUPONS➢PROMOTIONAL DISCOUNTS FROM PARTNER COMPANY EXCLUSIVE TO THE PORTAL
➢DTH TOP-UP➢RETAIL/ E-COMMERCE COUPONS➢NOVELTY ITEMS➢PERSONALIZED GIFTS
THE USER INTERFACE• A SEPARATE ELITE AD SECTION WOULD CONTAIN ALL THE VINTAGE ADS
• A SEPARATE KNOW YOUR ADS SECTION WOULD ALSO BE PRESENT
• AN AD SECTION• AD REVIEW • AN SURVEY SECTION • NOTIFICATIONS• WHY WE DO WHAT WE DO?
PLATFORMS
• The app would initially launch on Android followed by Apple and Blackberry with an online portal which only accessed if user has an active app account
BRAND COMMUNICATIONSLOGAN : “We ad you charge”
To create a sense of comfort and trust towards the brand among the people
Marketing channels:• Social media• Media sponsors• Promotions through credible sources that people trust
REVENUE PLAN• THE COMPANIES PROVIDED AD SPACE WOULD BE
PAYING • A PART OF WHICH WOULD GO TO THE
CONSUMERS AS LOYALTY POINTS (THE PERCENTAGE VARIES FROM 50-80 %) DEPENDING ON THE COMPANY AND THE QUALITY OF THE AD.
Tier 1 : 80 %
Tier 2 : 60-70 %
Tier 3 : 50 %
PROMOTIONS• ALL COMPANY WOULD HAVE TO PROVIDE EXCLUSIVE PROMOTIONS FROM
THEIR SIDE FOR THEIR FIRST MONTH. THE TIER SYSTEM WOULD BE EMPLOYED DEPENDING ON THE OFFER PROVIDED BY THE COMPANY
• AD SUCCESS % WILL BE JUDGED BASED ON THE PERFORMANCE OF THESE PROMOTIONS
• A OVERVIEW OF THE COMPANY’S BUSINESS PLAN WOULD BE RELEASED TO GAIN TRANSPARENCY GARNER TRUST
MARKET PENETRATION• SEVERAL ONLINE SOCIAL MEDIA AND MOBILE CAMPAIGNS WOULD BE
CONDUCTED • PARTNERING WITH EVENT• PARTNERING WITH OTHER APPLICATIONS INITIALLY TO GARNER VISIBILITY
AND MARKET PENETRATION
COMPETITORS• FREECHARGE• MOBIKWIK• Paytm• Recharge.com
USP’S
• A comprehensive branding opportunity for the companies with minimal distractions• Integration with other apps to gain loyalty points (ads played in other apps also gain points)• Seamless way to conduct surveys
Company• Opportunity to earn money at the comfort of your sofa
• To complete day-to-day task (recharging the phone etc.) Without spending from pocket
• Cash-less transactions
Consumers
THREATS• Low quality of ads • Preference of people towards traditional methods of
recharge• Laziness to watch ads• It becoming “uncool”
OPPORTUNITY
• UNEXPLORED ARENA, WITH UNIQUE PROPOSITION PROVIDED BY THE COMPANY
• People’s greed for money• Indian’s craze for freebies
CAPITAL REQUIRED
Initial Investment • INFRASTRUCTURE• Service centre - outsourced• Staff of 20 split into Consumer relations department, Ad sales department,
Technical, Marketing
MANAGEMENT STRUCTURE OF THE COMPANY
• DEPARTMENTS•Technical•Ad sales•Consumer relations•Marketing•Customer care
• PHILOSOPHY FOR EMPLOYEES - “Building a Trusting environment”
TIMELINED
evel
opm
ent
App
dev
Dat
abas
e de
v
Clie
nt
acqu
isiti
on (p
re-
rele
ase
orde
rs)
Prom
otio
nal
Dis
coun
ts &
of
fers
Visi
bilit
y th
roug
h 3r
d par
ty a
pps
Mar
ket
pene
tratio
n
Aggr
essi
ve
tact
ics
Big
billio
n da
y lik
e sa
le“A
d a
day
keep
s th
e m
oney
away
” cam
paig
n
Stat
iona
ry
phas
eSu
rvey
s
Hig
h-en
d se
rvic
es
2 months 6-12 months2-6 months 12 + months
INVESTMENT VS PROFITABILITYInitial Investment : 5 lakhs +
50,000/monthoperating cost
0 2 4 6 8 10 12 14 16 18 20 22 240
2
4
6
8
10
12
14
16
18
Investment Profits
Time (in Months)
Rup
ees
(in L
akhs
)
SCOPE FOR FUTURE
Expansion to a new concept of advertisement where both the seller and the buyer are benefited mutually and one which makes advertisements more interactive