the-eternal-love-wedding

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The eternal love wedding portal

www.theeternallove.weebly.com

BUSINESS PLAN : ONLINE ADVERTISING WEBSITE

PRESENTED BY :

NOR HARYATI MOHAMAD SUFFIAN

HALINA HUSSIN

NORHAIZA ABDULL HAMID

2008530613

2008370303

2008760755

Business model

VALUE PROPOSITION

REVENUE MODEL

MARKET STRATEGY

COMPETITIVE ADVANTAGES

COMPETITIVE ENVIRONMENT

MARKET OPPURTUNITIES

ORGANIZATION DEVELOPMENT

MANAGEMENT TEAM

Introduction

 Will operate on 1 st January 2011.

 Business idea concept based on providing Advertising

Platform for businesses related with wedding services

 Based on 2 categories:

Wedding concept

Wedding services

Background Company

Nature of Business:

Provide online advertising services for other businesses which related with wedding preparations.

Motivation:

Experience

Objective

 To provide the convenience information about the wedding facilities to customer

 To give best service for our customer

 To support this industries by providing attractive platform for advertising

Mission & Vision

Mission:

Expend the business throughout the Malaysia

Vision:

To be known as the best and famous wedding portal company in Malaysia

Value proposition

2 types of value proposition:

1.

Customer value proposition give a convenience website because all the information about the wedding facilities is able to access very easy and quick in one-stop center

2.

Partner value proposition – provide sharing website among the potential partners by doing the similar product and services where is related with wedding purposes.

Revenue model

How our business make money ?

BUSINESS MODEL – b2b

B2B – Affiliate (used our website to advertise or link their business website)

Revenue model

Classification of business revenue model

1. COST PERCLICK

Advertisement is charged based on the number of clicks it gets through the advertising site.

2. COST PER IMPRESSION

Advertisement is charged based on the number of impression it gets through the advertising site.

3. PAY PER LEAD

Advertisement is charged for every successful lead such as signup for a hosting service.

Revenue model

4.PPS

Advertisement is charged a commission for every successful sale that it contributes.

5.SPONSERED ADV

Can be permanent or rotation:

 All the cost or pay to website is through the PAYPAL and also CIMB Click

 The charges of each type of revenue model based on rate that our partners agreed and it stated on the Term and Condition and Registration Form that they have to filled when the affiliate decide to earning our website.

Market Strategy

 TARGET MARKET

 Customer

 Affiliate high end customer elite group – based income and age

Exclusive Service and Product

Very Professional and Popular

Having experience

Market strategy

 Four P

PRODUCT

• Maintain website

• Good keyword

• Simple design

• Optimization

• Easy navigation

• Fresh content

• Book mark able

• Not crowded & clean

• Easy downloading

PRICE

• Price is reasonable

• High Quality at Low price

• Discount

• Promotion package

PLACE PROMOTION

• Listing into search engine by

Ex : Google

Adword

Social Network

. Group

Overture .com

Go click.com

Mudah.com

• To create the awareness – used the conventional

• Ex : Pamphlet, TV, radio and also selling approach

• Online – Adwords

• SEO

Competitive Advantages

THE ETERNAL LOVE WEDDING

PORTAL

OTHER COMPETITORS

Different Service

Online Advertising Business as one stop.

All the services in one website:

Online Business in different

Less info about other services

User friendly

Clean

Customize Service

Communication More Effective

Powerful in reaching new market by using online

Customer find the wedding services through internet

Offline or Conventional Business

Very Complicated

Crowded

Less reaching market

Business find customer

Competitive Advantages

THE ETERNAL LOVE WEDDING

PORTAL

OTHER COMPETITORS

Similar Services

Based on target market:

Customer

Elite Group (high end customer)

Affiliate and visitor from different

Ethnic

Anyone who looking for the services.

There are advertising services charges at high rate for low Quality.

Affiliate

Very popular and professional wedding planner, services.

High Quality at Low Price for using our website

Competitive

Environment

External Factors that influence the competitive to this business

1.

2.

COMPETITORS a lot of competitors in this business

High competitors will create challenges

Help to advertise their product

TECHNOLOGY TRENDS

Businesses go to online - more effective by using social network and search engine (ad word and ad sense).

Easy and free develop business website

Info search – through laptop as well as i-phone, blackberry and etc

Competitive

Environment

External Factors that influence the competitive to this business

3. ECONOMIC SITUATION

 Effect of DD and SS

 Stability in eco – increasing the Purchasing Power so DD and SS increasing for the product and services increasing.

4. SOCIAL

 Malaysian people – different Ethnic

 1 Malaysia

Competitive environment

External Factors that influence the competitive to this business

3. HUMAN CAPITAL

 Our Affiliate - very professional and have experience

 involve to the business for so long

Hire the students from IT background

4. TREND AND LIFESTYLE

Married - Age 27 and above(Women) 30 and Above (Men)

Market

Opportunities

SWOT Analysis:

Strength - The partnerships that manage this business have ability to run the business very well because most of us have a education background in various field such as management, business and also IT.

Weakness - There are other business that provide same business wedding portal

Opportunities - Economic is much more stable and increasing demand for the product because customer will look for the wedding portal to make the preparation by full package.

Threats - Price competition among the competitors in giving low price.

Organization

Development

Device that require on developing website:

1.

Personal computer

2.

3.

Internet connection

Knowledge of programming language

4.

5.

Good marketing plan

PHP language

Management

Team

Marketing Manager General Manager IT Manager

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