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STRATEGIC BUSINESS PLAN
Table of Contents
I.
Executive Summary................................................................................................2
Highlights
Objectives
Mission Statement
Keys to Success
II.
Description of Business...........................................................................................4
Products and Services
How does it work?
Suppliers
Management
Financial Management
III.
Marketing................................................................................................................. 8
Market Analysis
Competition
IV.
Executive Summary
As online shopping gains an increasing number of converts, many ventures are being built
around ecommerce platforms in order to encourage more people to switch. One such unique idea
is that of cashback. Dealwithus.com is an online portal that provides for cashbacks to the
customers dealing with the numerous online shopping portals. To avail a cashback, all a
customer has to do is access the shopping website via Dealwithus. Recognizing that a vital aspect
of purchase is the price at which products are offered, Dealwithus provides compelling discounts
to inspire sales. Offering an interactive shopping experience, the channel caters to the Indian
audience
of
shopping
enthusiasts.
Dealwithus aims to create an Internet based brand that will be recognized as a leader in the
promotion, marketing and sale of its unique offering of customized advertisements. This ought to
be possible by the analytical tool, currently under development, modelled on the principle of
Google Ads and having features like recommended suggestions and combination packs for
cashback offers.
Highlights
Objectives
The business objectives of Dealwithus are to:
1. Successfully market and run the online portal and attract and retain a global audience
through the B2B and B2C networks thus developed.
2. Attract, integrate, retain, and motivate the highest quality management, personnel and
contractors.
3. Secure revenues from our sponsors and advertisers.
4. Successfully execute our business strategies
Mission Statement
Turn online shopping into an enriching and beneficial experience for customers in India.
Keys to Success
Enhanced Savings: Online shopping is a gainful purchase bonanza as it can save time and
hassle of shoppers from visiting retail stores. The entire process is made more enjoyable with our
some money saving offering when clubbed in the shopping plans of customers.
Faster to use: Dealwithus is faster to use to as consumers can directly visit e-Commerce
websites from Dealwithus. This would require much lesser steps and hence much lesser time for
navigation. The time for providing cashback is much less than that for competitors i.e. 48 hours
unlike the usual 72 hours.
Customized Navigation for Customers: We also provide customized navigation options for our
consumers which include providing offers on products they are known to buy frequently,
providing information about newer vendors which have entered the market in the recent past etc.,
B2B Advertisement Platform: We are also working on a B2B platform which provides new eCommerce websites a place to advertise their products on our website. Our website also features
e-vouchers and an e-wallet which are not available on most of our competitors websites. The
unique feature of our e-wallet and e-voucher is that the value of money is greater in the e-wallet
and e-voucher than cashback. For example, if a customer is entitled to a Rs. 100 cashback after
purchase, the customers will get more than Rs. 100 if he/she puts the money in our e-wallet or
converts it into an e-coupon. We have also tied up with certain e-commerce websites to offer
Dealwithus cashback even if their consumers dont navigate through Dealwithus.
Stringent Security measures to protect sensitive customer information and details.
No Processing and Account Maintenance Fees is charged from the customers.
Description of Business
The online portal has already been functional for 10 months now (month, year month, year) and
has garnered the interest of and participation by about 2400+ active users and 10000+ unique
visitors. We also have an Android app in addition to an active website. Unlike e-commerce
websites which have data only of the customers who visit their site, we find ourselves in an
advantageous position where we have access to the customer trends of multiple websites.
We also aim to make a virtual profile of all customers who go through our website and suggest
them products which they might be interested in buying. Even on the products side, we are at an
advantage as we have access to products of multiple websites. We intend to build this using
Python and PHP.
Dealwithus aims to create an Internet based brand that will be recognized as a leader in the
promotion, marketing and sale of its unique offering of customized advertisements. This ought to
be possible by the analytical tool, currently under development, modelled on the principle of
Google Ads and having features like recommended suggestions and combination packs for
cashback offers
Suppliers
We have partnered with more than 300 e-commerce websites on which customers can avail
cashback through Dealwithus. We have also targeted online food Chains like Dominos and
Online wallet systems like Paytm, Airtel Money, and Vodafone m-paisa. We intend to target
about 3000 websites in the coming future. We are also planning to partner with Social Cause
Organizations such as Day Care Centers, Cancer Centers, Old Age Home etc., as a part of our
CSR initiative.
Management
Avinash Kr Anshu- An IITB student from the chemistry department. He is a technology savvy
guy who loves robotics, programming and managing people. He has interned at Motideals and
has also worked as a web advisor for toppernotes.com, giftsvilla.in and netsberg.com. He has
Financial Management
Historic and projected P&L (first two years by quarters)
From the market analysis, the online ecommerce industry is projected over $6 Billion at the end
of year 2015. If we target $1 Billion through our marketing techniques we can have a profit of
above 5%.
It depends on level of marketing on B2C side we provide extra cashback that to in less than 15
seconds as it is benefiting the users so all kind of marketing strategies to be utilized for making
them aware about the portal.
This all will help in strengthening our B2B model as the number of users increases we will be
able to develop a more targeted marketing platform for all ecommerce websites.
Assumptions
Marketing
Market Analysis
With a potential of 70% increase, the e-commerce industry in India is
projected to reach $6 billion by 2015. E-commerce is one of the biggest
things that have taken the Indian business by storm. Every day thousands of
new e commerce start-ups are coming up in the market and with even 1%
success rate, this gives a figure of 10 or more successful e-commerce
startups . It is creating an entire new economy, which has a huge potential
of the promotional offers instead of direct money. But the very psychology of
free is the reason why this segment will work and doesn't seem to die out.
Competition
The competitors in this field are gopaisa.com and cashkaro.com. Our
portal ought to reap benefits owing to the following distinguishing features :
Enhanced Savings: Online shopping is a gainful purchase bonanza as it can
save time and hassle of shoppers from visiting retail stores. The entire
process is made more enjoyable with our some money saving offering when
clubbed in the shopping plans of customers.
Faster to use: Dealwithus is faster to use to as consumers can directly visit
e-Commerce websites from Dealwithus. This would require much lesser steps
and hence much lesser time for navigation. The time for providing cashback
is much less than that for competitors i.e. 48 hours unlike the usual 72 hours.
Customized Navigation for Customers: We also provide customized
navigation options for our consumers which include providing offers on
products they are known to buy frequently, providing information about
newer vendors which have entered the market in the recent past etc.,
B2B Advertisement Platform: We are also working on a B2B platform
which provides new e-Commerce websites a place to advertise their products
on our website. Our website also features e-vouchers and an e-wallet which
are not available on most of our competitors websites. The unique feature of
our e-wallet and e-voucher is that the value of money is greater in the ewallet and e-voucher than cashback. For example, if a customer is entitled to
a Rs. 100 cashback after purchase, the customers will get more than Rs. 100
if he/she puts the money in our e-wallet or converts it into an e-coupon. We
have also tied up with certain e-commerce websites to offer Dealwithus
cashback even if their consumers dont navigate through Dealwithus.
Stringent Security measures to protect sensitive customer information
and details.
No Processing and Account Maintenance Fees is charged from the
customers.
Advertising and Promotion
Blog- We have a well maintained blog that has a good following.
Online forums - We advertise our website to various online forums. We
have started publicizing via Social networking sites like Facebook in order to
promote our product.
Other Techniques- Also, we have employed techniques like SEO, Referrals,
Analytics, Banners, College Ambassadors, Fest Sponsors, Event Organization
and Facebook Ads in order to promote our website.
Vision
SWOT analysis
(Strengths, weaknesses, opportunities, threats)
Strengths
Team willing to take it to its utmost level starting with zero cash and testing
and learning different kind of strategies of marketing and publicity
Technically stronger
Website automated
Cashback Faster than other websites
Customer targeted website look
Customer oriented marketing
Team of dedicated IITians working
Tested and verified various kind of marketing strategies
Weaknesses
We need funding to perform our operations to the best
We are short of employees
Idea of cashback is not yet clear among our customers
Opportunities
Market size is vast and still increasing extravagantly
Indian mentality is there to save extra money in ecommerce
Thousands of ecommerce web portals are coming every year
We have affiliation with each and every area in the online market
Threats
Various competitors are coming in this emerging field
Customers
Ecommerce customers within age group of 17 to 30 years
C ustom er
C olleg e
C orporte
H o use w ife
O nline
shop p in g
O nline
sh op ping
On
sh o
M obile
rechareg e
M obile &
DTH
rech areg e
Mo
rech
O nline Food
O nline Food
Insurance
Appendices
Include details and studies used in your business plan; for example:
Brochures and advertising materials
Industry studies
Blueprints and plans
Maps and photos of location
Magazine or other articles
Detailed lists of equipment owned or to be purchased
Copies of leases and contracts
Letters of support from future customers
Any other materials needed to support the assumptions in this plan
Market research studies
List of assets available as collateral for a loan
O nlin