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www.5leads.com



Your Universal Open Contact page
What is 5leads.com
5leads in one line is you your universal contact page

we believe that a consumer being a paid customer
should be able to find the right service provider in a
much easier and efficient way than how currently
its done, we want to be one step connection
between consumers world wide with the service
providers

we want 5leads to be a global contact page, where
any consumer can post what he is looking for any
where in the world and let service providers pitch
why he should choose that service provider , you
can view the demo at www.5leads.com/demo
Example
 5leads works in a way like, for example lets say a
 consumer is looking for a card board manufacturer who
 can deliver multicolor four-color printing,90 lb card
 board boxes , instead of searching millions of pages and
 making hundreds of calls, he just posts the clear
 requirement in under 30 seconds at 5leads.com

5leads uses its matching engine to search world wide
 web and send notifications to cardboard manufactures
 across the world, then manufactures who are only
 available and who can deliver such kind of products will
 reach the consumer via 5leads.com , 5leads platform
 will provide all means of interaction between consumer
 and service provider, so that its documented and in the
 end consumer can choose from available service
 providers
Pictorial Representation
 Step 1           Step 2




                           Followed…..
Pictorial Representation
 Step 3           Step 4
Hypothesis
We want 5leads.com to be a universal open contact page where, a
   consumer can post his requirement and multiple service
   providers pitch-in their offers and reasons as to why they are his
   best choice. This is how 5Leads.com provides consumers a
   convenient application to pick the right service provider.
5leads.com reduces the inconvenience for consumers to search in
   multiple places, making a number of calls and repeating the
   same details each time all the while unsure if he is reaching the
   right service provider.
We believe that, the Consumer as a paying customer should have a
   easier and convenient process of choosing a service provider
   than how it is currently being done.
As for the Service Providers', currently their contact pages are not
   one click away, there is no easy medium for them to reach the
   consumers. We want to provide a way for the service providers
   to reach the consumers at the point of sale.
Experiments
  We have created 2 surveys, a consumer survey and a service
  provider survey to understand the problems of consumers and
  service providers. Below are the survey links –

Consumer Survey link :

https://
  docs.google.com/spreadsheet/viewform?pli=1&formkey=


Service Provider Link:

https://
  docs.google.com/spreadsheet/viewform?formkey=dGhTW
What we tried to analyze
From the Consumer's point of view we tried to analyze
if it is a service that is needed or good to have Also we
wanted to understand what categories the consumers
would look for and the key factors they would look at
when using such a service.

                       &

From a Service Provider's point of view we wanted to
understand if a service such as 5leads.com is needed, if
so are they willing to pay for such a service, if they
have any other issues that can be addressed with
5leads.com, key features that they would look for and
how can we make them use our application to be more
than a simple profile page.
Results
   Below are the survey results links :

Consumer response graphic view

https://
    docs.google.com/spreadsheet/gform?key=0AhfwrnpRVbdBdFNkWF9RejhFWDRDeG9QbjN

Consumer Survey Response

https://
    docs.google.com/spreadsheet/ccc?key=0AhfwrnpRVbdBdFNkWF9RejhFWDRDeG9QbjN4RF

                                          &

Service Provider response Graphic View

https://
    docs.google.com/spreadsheet/gform?key=0AhfwrnpRVbdBdGhTWk9Kc2c2aVozYVYwZTlha



Service Provider survey response
Results Analysis
The results have been a great learning experience for us.
We learnt –

From Consumers, that such a service will be of great
importance for them since it solves the need when they are
looking for a service provider. We were able to gather
some of the key categories as mechanics, training needs,
kids needs, home services and also categories which are
not so generic but specific. We realized how important
reviews and feedback from known people will help them in
making a decision to choose a service provider.

From Service Providers, we learnt that they are willing to
try such a service and ready to pay for such a service once
they try it, and we need to provide them with tools to
manage and communicate with existing customers.
New Hypothesis
   We made a few additions to the initial plan after we received the responses
   from the consumer & service provider surveys.
From the Consumers' perspective -
We want 5leads to be a one stop connection to connect with any service provider
   across the globe.
We realized, initially we need to concentrate on satisfying the customers' needs,
   rather than trying to reach a large volume of consumers. This will help us
   identify the key issues and make sure we provide the right customer support.
We realized the importance of reviews and feedback and relating it with people
   who the customer knows.
We want to use social media to let consumers know which service providers their
   friends and family members use
A good mobile application is needed as an add-on to the web.

From the service providers' perspective, we realized we need to provide -
Easy tools to communicate with new and existing customers.
Provide transparency, by showing details as to how many service provider have
   bid till date, current status of the request, response rate of consumer who
Consumer and Service Provider
   Survey Results in Images


     http://imgur.com/a/FwuaO#0
Consumer Survey Details –P1
•   Survey URL - https://docs.google.com/spreadsheet/viewform?pli=1&formkey=dFNkWF9RejhFWDRDeG9QbjN4RFJERnc6MQ#gid=0
•   Response URL - https://docs.google.com/spreadsheet/ccc?key=0AhfwrnpRVbdBdFNkWF9RejhFWDRDeG9QbjN4RFJERnc



• No of People Reviewed – 24 Responses
• Question 1 >> Would you use such a service ?
Consumer Survey Details – P2
• Question 3 >> What is the most important
  factor for you to use such a service ?
Consumer Survey Details – P3
 • Question 5 >> Users Responded?



Key Findings >> These are the Key Reasons why a consumer will use such a
service

• A good web and mobile system
• Single Source for all services
• Great Review System
• Reviews from Friends and colleagues ( Show Friends names and Colleagues Names )
• Faster Response and Individual customer support
• Able to connect to any service provider world wide
• Some of the Key Categories are Kids Needs , Mechanics , B2B , Travel , Training , Home
Needs
• One System for finding Service Providers, request bids , ask recommendations, ask for
help , look for deals
Service Provider Survey Details –P1
•   Survey URL - https://docs.google.com/spreadsheet/viewform?formkey=dGhTWk9Kc2c2aVozYVYwZTlhaFVIWXc6MQ#gid=0

•   Response URL - https://docs.google.com/spreadsheet/ccc?key=0AhfwrnpRVbdBdGhTWk9Kc2c2aVozYVYwZTlhaFVIWXc



•   No of People Reviewed – 3 Responses
•    Question 1 >> Would you use such a service ?
Service Provider Survey Details – P2
• Question 3 >> Are you willing to pay for such
  a service ?
Service Provider Survey Details – P3
• Question 5 >> Being a Paying Customer for
  5leads.com, what features you would like ?
Service Provider Survey Details – P4
 • Question 6 >> Service Providers & Free Trial?




Key Findings >> These are the Key Reasons why a service provide will use such a
service

• Generate New Business
• Allow them to reach target customers at point of sale
• Good tools to manage existing customers
• Connect with other service providers around them
• To be better than competitors we need to Provide more than a mere page, we need to
provide tools to manage their customers like ( Add Contacts , Easy ways to interact with
their customers )
• Good Feedback & Faq system

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5leads.com- venture lab 2012 -standford review detail

  • 2. What is 5leads.com 5leads in one line is you your universal contact page we believe that a consumer being a paid customer should be able to find the right service provider in a much easier and efficient way than how currently its done, we want to be one step connection between consumers world wide with the service providers we want 5leads to be a global contact page, where any consumer can post what he is looking for any where in the world and let service providers pitch why he should choose that service provider , you can view the demo at www.5leads.com/demo
  • 3. Example 5leads works in a way like, for example lets say a consumer is looking for a card board manufacturer who can deliver multicolor four-color printing,90 lb card board boxes , instead of searching millions of pages and making hundreds of calls, he just posts the clear requirement in under 30 seconds at 5leads.com 5leads uses its matching engine to search world wide web and send notifications to cardboard manufactures across the world, then manufactures who are only available and who can deliver such kind of products will reach the consumer via 5leads.com , 5leads platform will provide all means of interaction between consumer and service provider, so that its documented and in the end consumer can choose from available service providers
  • 4. Pictorial Representation Step 1 Step 2 Followed…..
  • 6. Hypothesis We want 5leads.com to be a universal open contact page where, a consumer can post his requirement and multiple service providers pitch-in their offers and reasons as to why they are his best choice. This is how 5Leads.com provides consumers a convenient application to pick the right service provider. 5leads.com reduces the inconvenience for consumers to search in multiple places, making a number of calls and repeating the same details each time all the while unsure if he is reaching the right service provider. We believe that, the Consumer as a paying customer should have a easier and convenient process of choosing a service provider than how it is currently being done. As for the Service Providers', currently their contact pages are not one click away, there is no easy medium for them to reach the consumers. We want to provide a way for the service providers to reach the consumers at the point of sale.
  • 7. Experiments We have created 2 surveys, a consumer survey and a service provider survey to understand the problems of consumers and service providers. Below are the survey links – Consumer Survey link : https:// docs.google.com/spreadsheet/viewform?pli=1&formkey= Service Provider Link: https:// docs.google.com/spreadsheet/viewform?formkey=dGhTW
  • 8. What we tried to analyze From the Consumer's point of view we tried to analyze if it is a service that is needed or good to have Also we wanted to understand what categories the consumers would look for and the key factors they would look at when using such a service. & From a Service Provider's point of view we wanted to understand if a service such as 5leads.com is needed, if so are they willing to pay for such a service, if they have any other issues that can be addressed with 5leads.com, key features that they would look for and how can we make them use our application to be more than a simple profile page.
  • 9. Results Below are the survey results links : Consumer response graphic view https:// docs.google.com/spreadsheet/gform?key=0AhfwrnpRVbdBdFNkWF9RejhFWDRDeG9QbjN Consumer Survey Response https:// docs.google.com/spreadsheet/ccc?key=0AhfwrnpRVbdBdFNkWF9RejhFWDRDeG9QbjN4RF & Service Provider response Graphic View https:// docs.google.com/spreadsheet/gform?key=0AhfwrnpRVbdBdGhTWk9Kc2c2aVozYVYwZTlha Service Provider survey response
  • 10. Results Analysis The results have been a great learning experience for us. We learnt – From Consumers, that such a service will be of great importance for them since it solves the need when they are looking for a service provider. We were able to gather some of the key categories as mechanics, training needs, kids needs, home services and also categories which are not so generic but specific. We realized how important reviews and feedback from known people will help them in making a decision to choose a service provider. From Service Providers, we learnt that they are willing to try such a service and ready to pay for such a service once they try it, and we need to provide them with tools to manage and communicate with existing customers.
  • 11. New Hypothesis We made a few additions to the initial plan after we received the responses from the consumer & service provider surveys. From the Consumers' perspective - We want 5leads to be a one stop connection to connect with any service provider across the globe. We realized, initially we need to concentrate on satisfying the customers' needs, rather than trying to reach a large volume of consumers. This will help us identify the key issues and make sure we provide the right customer support. We realized the importance of reviews and feedback and relating it with people who the customer knows. We want to use social media to let consumers know which service providers their friends and family members use A good mobile application is needed as an add-on to the web. From the service providers' perspective, we realized we need to provide - Easy tools to communicate with new and existing customers. Provide transparency, by showing details as to how many service provider have bid till date, current status of the request, response rate of consumer who
  • 12. Consumer and Service Provider Survey Results in Images http://imgur.com/a/FwuaO#0
  • 13. Consumer Survey Details –P1 • Survey URL - https://docs.google.com/spreadsheet/viewform?pli=1&formkey=dFNkWF9RejhFWDRDeG9QbjN4RFJERnc6MQ#gid=0 • Response URL - https://docs.google.com/spreadsheet/ccc?key=0AhfwrnpRVbdBdFNkWF9RejhFWDRDeG9QbjN4RFJERnc • No of People Reviewed – 24 Responses • Question 1 >> Would you use such a service ?
  • 14. Consumer Survey Details – P2 • Question 3 >> What is the most important factor for you to use such a service ?
  • 15. Consumer Survey Details – P3 • Question 5 >> Users Responded? Key Findings >> These are the Key Reasons why a consumer will use such a service • A good web and mobile system • Single Source for all services • Great Review System • Reviews from Friends and colleagues ( Show Friends names and Colleagues Names ) • Faster Response and Individual customer support • Able to connect to any service provider world wide • Some of the Key Categories are Kids Needs , Mechanics , B2B , Travel , Training , Home Needs • One System for finding Service Providers, request bids , ask recommendations, ask for help , look for deals
  • 16. Service Provider Survey Details –P1 • Survey URL - https://docs.google.com/spreadsheet/viewform?formkey=dGhTWk9Kc2c2aVozYVYwZTlhaFVIWXc6MQ#gid=0 • Response URL - https://docs.google.com/spreadsheet/ccc?key=0AhfwrnpRVbdBdGhTWk9Kc2c2aVozYVYwZTlhaFVIWXc • No of People Reviewed – 3 Responses • Question 1 >> Would you use such a service ?
  • 17. Service Provider Survey Details – P2 • Question 3 >> Are you willing to pay for such a service ?
  • 18. Service Provider Survey Details – P3 • Question 5 >> Being a Paying Customer for 5leads.com, what features you would like ?
  • 19. Service Provider Survey Details – P4 • Question 6 >> Service Providers & Free Trial? Key Findings >> These are the Key Reasons why a service provide will use such a service • Generate New Business • Allow them to reach target customers at point of sale • Good tools to manage existing customers • Connect with other service providers around them • To be better than competitors we need to Provide more than a mere page, we need to provide tools to manage their customers like ( Add Contacts , Easy ways to interact with their customers ) • Good Feedback & Faq system