IT Business Idea Challenge

In this report we will discuss about IT business Idea challenge and below are the summaries point:- The business idea revolves around creating a secure platform for sharing life problems and experiences. The idea includes problem discussions, specialist suggestions, emergency chatbot, and personal appointments with specialists. The business aims to provide a one-stop solution for problem-solving, free of cost, with easy communication and profile security.

IT Business Idea
Challenge
Innovolligence

What is our Business Idea?

Problem Identification
We have no secure platform for sharing
our life problem and experience

Business Idea
Problem is nothing but an experience

Idea Description
Sign up by User Id as Example 12334
8 categories problem discussio
Free Specialist Suggestion who will work
as a part time by staying at home
Personal Appointment system
with Specialist
Chatbot System for Emergency

Idea Architecture &
Functions

Problem is
Nothing
but an
Experience Log In
User ID
E-Mail
Password
www.projectshadinota.com

8 Home About Specialist Massage Logout
Busines
s
Product
Legal
Career
Social
Others
Emergenc
y
Educatio
n
Persona
l
Family Problem
ID: A23146
Date: 10th oct,2017
Ami ekta personal problem er moddhe achi. Amr baba ma pray
jogra kore. Amitader ke bujhiyechi. But kono lav hoy ni. Agulo
dekhte dekhte ami nijeoo bodmejaji hoe jacciii.. Ami kivebe
nijeke thik rakhte pri.
Help me by giving your opinion?
Read
More
Write Your Problem
Post on Emergency
Featured
Advertise

9 Home About Specialist Massage Logout
Busines
s
Product
Legal
Career
Social
Others
Emergenc
y
Educatio
n
Persona
l
Family Problem
ID: A23146
Date: 10th oct,2017
Ami ekta personal problem er moddhe achi. Amr baba ma pray
jogra kore. Amitader ke bujhiyechi. But kono lav hoy ni. Agulo
dekhte dekhte ami nijeoo bodmejaji hoe jacciii.. Ami kivebe
nijeke thik rakhte pri.
Help me by giving your opinion?
Like Comment
Enter

10 Home About Specialist Massage Logout
Busines
s
Product
Legal
Career
Social
Others
Emergenc
y
Educatio
n
Persona
l
Write Your Massage
Post
Featured
Advertise
ID: A34211
INFO
Occupation
Relationship
Activities

11 Home About Specialist Massage Logout
Busines
s
Product
Legal
Career
Social
Others
Emergenc
y
Educatio
n
Persona
l
Experience Specia
Business Consultant
Appointment
Advocate
Appointment
Coming Soon

Other Features
Facebook Chatbot Mobile App

S W
TO
▪ 1st problem solution website in Bangladesh
▪ Free service
▪ friendly user site
▪ Secure profile
▪ A one stop-problem solving site.
▪ Many indirect competitors
▪ Time consuming to promo
▪ Possibility of getting fake/v
▪ Possibility of hacking .
▪ Increasing number of sing
solving site.
▪ Country’s internet users are rapidly
increasing.
▪ Opportunity to help the government.
SWOT Analysis

Porter’s five forces Model
NO
Industry
rivalry
New entrance possibility
High
Substitute
Few indirect
Bargaining Power
Web User- No
Advertiser-High
Supplier bargaining
Low

Market Size

Target Customer
Internet
User Company
Target customer

Bangladesh
Total Internet User63.3Million
Penetration Rate2%

1266000Internet Users

Competitor Analysis

Competitor By Types
Facebook Page Consultation Center Consultation Blog

Competititive Advantage
First mover
Providing One-stop service
Free service
Easy communication

POPs & PODs Analysis

Point of Parity
Make A
platform
to
Companies
For
Advertisement
Create
Commuinity

Point of Difference
Platform
Profile
Security
Issue
Specialist
suggestion
24

Business Model

Revenue Model
Present Future
Advertisement
Google Adsense Video Ad
Poster Ad

Pricing
Web User
Free of Cost
Visual Poster: Pay per click
Video Ad: Pay per view
According to adsen
system
Company
Google Adsense

Promotion Plan
Social Media
Marketing
E-mail
Marketing
Cold Massage
Marketing
Search Engine Ma

Value Analysis

Value Innovation
Personal Information Security
First Problem & Experience Sharing Site
8 Specific Categories in a Pla
where Advertiser will get60%real
customer

Value Creation
31
A Complete Platform with web, app and chatbot
Various Types of Company can give advertise

Value Proposition For User
32
Quality
Pricing
Service
Very Responsive
Trust Worthy
Free of Cost
Easy to Use
3 in 1

Value Proposition for Advertiser
33
Directly Communicate
Easy & comparativly less
Get Real Customer
Quality
Pricing
Service

Financial Plan

Balance Sheet
BALANCE SHEET
Asset Liabilities & capital
Current asset
Cash
Long term asset
Equipment (computer &
accessories)
Office furniture
Other
90000
20000
50000
50000
Current liabilities
Loan 600000
300000
300000
1200000
Owners capital
Earnings( Advertising
Sale)
Total asset Total liabilities and
capital
1200000 1200000

Cash Flow Projection (1 Year)
36
Cash Inflow TK
Investment (Cash)
Advertisement Earnings
900000
300000
Total 1200000
Cash Out Flow TK
App Development
Web Design & Development
Server
Database
Advertisement
Sub Contract Salary( Specialist)
Salary(Team Member)
Utility
30000
70000
200000
30000
50000
200000
350000
120000
Total 1050000
Net Cash flow 150000

Revenue Assumtion
After1.2Years
Everyday3000Visitors
Per Month Revenue will be150000TK

Impact of Our Business
We can make awareness in our society
We can help the People in Emergency Moment
We can help the Government by finding out society’s hid
Sometimes a suggestion or a pain sharing can save a life

THANKS!