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KOBIforum.org. Project Presentation 01/08/07. why we choose this topic?. increasing role of SMEs in the Turkish economy like in the global economy - SMEs - form 99.8 % of total enterprises - form 76.7 % of total employment - create 26.5 % of total added value
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KOBIforum.org Project Presentation 01/08/07
why we choose this topic? • increasing role of SMEs in the Turkish economy like in the global economy - SMEs - form 99.8 % of total enterprises - form 76.7 % of total employment - create 26.5 % of total added value - make 38 % of capital investment in Turkey
why we choose this topic? • scarcity of communication platforms for SMEs - classical platforms: - local chambers - natonal associations like TOBB - have geographical constraints
why we choose this topic? • expected increase of IT penetration among Turkish SMEs - increase in technology awareness - new commercial law - goverments commitment
Value Proposition • Construct an online community • SMEs will be able to communicate with each other. • Interactive Environment • Members • SMEs • Customers • Entities that are in business relations with SMEs
Revenue Model • Advertising Revenue Model • Revenue model can be revised according to the succes in the future. • Subscription fee • Transaction fee • Affiliate Revenue Model
Market Oppurtunity • SME targeted ads are on TV. • Banks target them through newspaper and Tvs. (Akbank) • Low ratio of internet usage among SMEs.
Competitive Environment • No direct competitor in Turkey • Many similar sites • Most of them operated by banks • Most ads belong to parent companies
Competetive Advantage • Interactive nature • Similar sites with read-only material • First mover advantage • Easy to remember • Relavant to the subject • Sticky
$ O $ Customers O Flow of services/goods O Firm of interest $ Flow of money Member Affiliates i Members/Visitors i Flow of information i KOBIforum.org i $ i $ $ i Member Ad Givers i O $ O Business Schematics
Market Strategy • Goal: To attract adgivers (banks, IT companies, B2B companies) • Creating a brand awareness • Internet and newspaper advertisements • Expressing the independent & interactive nature of KobiForum.org • Paper – based personal invitations • 3rd party banner space sellers until certain reputation
Organizational Structure • Yasin Ünal • Accounting • Finance
Organizational Structure • Aydın Tarakçı • Marketing • Customer Relations
Organizational Structure • IT Department • 1 employee • Forum Administrator • Knowledge over SMEs • Computer Skills
Management Team • Yasin and Aydın • Two Senior Koc Students • We will execute final decisions
Before buying the domain name We will stop the iniative with no money spent After buying the domain name Stop marketing expenses Stop acquiring new members Fulfill the required amount of time until the paid services end Exit Strategy
why a forum? • its interactive nature • easy to use
about website • as attractive as possible • UseBB • customized configuration and user interface • possible to see the content without registration • requirement to register to participate • tight administration of topics