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Market

sotialize.com

across Target Group, generate engagement among new and existing
users

JRE School of Management

Group-7
Introduction

• Share one’s interest
• Follow and make friends with people of your own interest

• Go global with your findings & creations
• Medium for businesses to highlight and sell their
products

• Earning via Socializing
• Join, connect and interact by sharing images and videos
Target Audience
•

Tech Savvy

•

Age group of 25-45

•

People with strong interests

•

Virtually active

•

Indian ethnicity across Geographies

Geographies
Competitor’s Analysis
Company

Is a

TMC

Revenue Stream

User Base

Facebook

Social network

Everyone

Advertising

1.11b+

Pinterest

Online Pin board

25 – 35 age group

Affiliates

40mn+

Linkedin

Professional networking

24+ age group

Ads + Subscription

200mn+

Instagram

Photo Sharing

15 – 30 age group

Advertising, Affiliates

30mn+

Google +

Social network

Everyone

Advertising, Affiliates

400mn+

Qyuki

Network for Creative kind

25+

Advertising

Not available

Twitter

Micro-blogging

20+

Affiliate

200mn+

Sotialize

Interest based network

25- 45 age group

Affiliate, Advertising, ecommerce

50k + and
Growing
SWOT Analysis
Strengths
Strong Positioning:
Social site”

Weakness
“India’s

own

New concept of Connecting Common
Interest Denizen's
PSOs virtual money First time on
social site

Weak online support like- mail going
in spam, DOB pop-up problem
Virality and unque Content
Brand name
Absence of Revenue Model

Opportunities

Threats

Huge potential as image based
Social networking is evolving

Foreign Players like Pinterest
and Etsy

Niche and Indian Positioning in a
highly competitive market of social
media

High
Speed
Broadband
Internet penetration in India
Problems & Solutions
1. Confirmation SPAM
For this the company may change their
policies according to the requirements
of gmail.com as this is the problem
only with gmail.

2. Sharing the contacts from
other user accounts
There should be an option to invite
friends from one’s other accounts while
signing up.
3. Website looks cluttered
They need to monitor the uploads
by the user and present it in a
much effective manner.

OR they can design the main
page/the format for the display
picture on the main page by
themselves.

4. SEO
They should work extensively on
their contents and keywords to
improve the SEO for their website.
Current Issues faced by Sotialize?

• Increase user base in the given Target Group
• Grow the engagement level across users
• Get virality of content and product
Social Survival

Engagement

Time spent

Engagement
Virality

Unique content

Timing
Making site popular
•

Go Viral
– Give platform for the local designers and
craftsmen.
for e.g- pyjamaparty
allthingscustomized
Engage more youngsters from the crowd.
– Generate interest by contents on current affairs

•

Seed your Site
– Do not only depend on the users to upload
contents for you, upload contents yourself

•

Participate on sites related to your niche
– Participate on sites like stumbleupon.com, create a
page linking back to your own website

•

Increase use of digital tools like SEO, SMO

•

Create contests based on the peoples interest
Engaging Users
• Launch a mobile app and a mobile site
• New

features

like

gaming

could

be

introduced
•Promotions on: LinkedIn, Facebook, Twitter
etc
• Arrange meeting or parties for top users
according to their interest.
• Attractive Psos (sotialize currency)
• Link with Youtube videos
• Ads on zomato.com, zynga.com etc
• E-mailers invitation
Survey on Sotialize
Q1. What is your first
impression about Sotialize.com?
Simple &
Sober
30%

Lively
10%

Interestin
g
25%

Attractive
35%

User friendly
9%

Monotonous
24%

1hr
30-60 mins. or more
5%
5%

30 mins.
15%

15 mins.
75%

Q2. What is your view on
sotialize.com Interface & content?

Updated
19%

Q3. How much time you will spend on sotialize.com
(During initial visits) !

Q4. Would you like to register on sotialize.com!

May Be
30%
Engaging
48%
No
25%

Yes
45%
Suggestions
• Introduce Infographics
• Website Demo
• Bring in opinion leaders
• Customized interest updates
• Notifications & Top trends

• Formation of communities
• Business & Science interest’s are must

Personalize Sotialize
Recommendations: Revenue Model

Get 5000
passionate sellers

Push products of
such sellers to user
base

Initiate, Monitor
and facilitate Sales
and Virality of
Unique Products
More on Business Model
We take a 5% commission on products sold

Plan to sell
Average Ticket
3000 unique Size of Rs. 1500
products every
per product
day

Expected
Revenue of Rs.
8.2 Cr Annually
So

Thank You

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Project on sotialize.com

  • 1. Market sotialize.com across Target Group, generate engagement among new and existing users JRE School of Management Group-7
  • 2. Introduction • Share one’s interest • Follow and make friends with people of your own interest • Go global with your findings & creations • Medium for businesses to highlight and sell their products • Earning via Socializing • Join, connect and interact by sharing images and videos
  • 3. Target Audience • Tech Savvy • Age group of 25-45 • People with strong interests • Virtually active • Indian ethnicity across Geographies Geographies
  • 4. Competitor’s Analysis Company Is a TMC Revenue Stream User Base Facebook Social network Everyone Advertising 1.11b+ Pinterest Online Pin board 25 – 35 age group Affiliates 40mn+ Linkedin Professional networking 24+ age group Ads + Subscription 200mn+ Instagram Photo Sharing 15 – 30 age group Advertising, Affiliates 30mn+ Google + Social network Everyone Advertising, Affiliates 400mn+ Qyuki Network for Creative kind 25+ Advertising Not available Twitter Micro-blogging 20+ Affiliate 200mn+ Sotialize Interest based network 25- 45 age group Affiliate, Advertising, ecommerce 50k + and Growing
  • 5. SWOT Analysis Strengths Strong Positioning: Social site” Weakness “India’s own New concept of Connecting Common Interest Denizen's PSOs virtual money First time on social site Weak online support like- mail going in spam, DOB pop-up problem Virality and unque Content Brand name Absence of Revenue Model Opportunities Threats Huge potential as image based Social networking is evolving Foreign Players like Pinterest and Etsy Niche and Indian Positioning in a highly competitive market of social media High Speed Broadband Internet penetration in India
  • 6. Problems & Solutions 1. Confirmation SPAM For this the company may change their policies according to the requirements of gmail.com as this is the problem only with gmail. 2. Sharing the contacts from other user accounts There should be an option to invite friends from one’s other accounts while signing up.
  • 7. 3. Website looks cluttered They need to monitor the uploads by the user and present it in a much effective manner. OR they can design the main page/the format for the display picture on the main page by themselves. 4. SEO They should work extensively on their contents and keywords to improve the SEO for their website.
  • 8. Current Issues faced by Sotialize? • Increase user base in the given Target Group • Grow the engagement level across users • Get virality of content and product
  • 10. Making site popular • Go Viral – Give platform for the local designers and craftsmen. for e.g- pyjamaparty allthingscustomized Engage more youngsters from the crowd. – Generate interest by contents on current affairs • Seed your Site – Do not only depend on the users to upload contents for you, upload contents yourself • Participate on sites related to your niche – Participate on sites like stumbleupon.com, create a page linking back to your own website • Increase use of digital tools like SEO, SMO • Create contests based on the peoples interest
  • 11. Engaging Users • Launch a mobile app and a mobile site • New features like gaming could be introduced •Promotions on: LinkedIn, Facebook, Twitter etc • Arrange meeting or parties for top users according to their interest. • Attractive Psos (sotialize currency) • Link with Youtube videos • Ads on zomato.com, zynga.com etc • E-mailers invitation
  • 12. Survey on Sotialize Q1. What is your first impression about Sotialize.com? Simple & Sober 30% Lively 10% Interestin g 25% Attractive 35% User friendly 9% Monotonous 24% 1hr 30-60 mins. or more 5% 5% 30 mins. 15% 15 mins. 75% Q2. What is your view on sotialize.com Interface & content? Updated 19% Q3. How much time you will spend on sotialize.com (During initial visits) ! Q4. Would you like to register on sotialize.com! May Be 30% Engaging 48% No 25% Yes 45%
  • 13. Suggestions • Introduce Infographics • Website Demo • Bring in opinion leaders • Customized interest updates • Notifications & Top trends • Formation of communities • Business & Science interest’s are must Personalize Sotialize
  • 14. Recommendations: Revenue Model Get 5000 passionate sellers Push products of such sellers to user base Initiate, Monitor and facilitate Sales and Virality of Unique Products
  • 15. More on Business Model We take a 5% commission on products sold Plan to sell Average Ticket 3000 unique Size of Rs. 1500 products every per product day Expected Revenue of Rs. 8.2 Cr Annually