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Case Study Competition 2011




Presented by:                   Members:
                                   Harpreet Singh
     Team iDate                    Pinak Mukherjee
     MDI - Gurgaon                 Rakinderjit Singh
                                   Sahil Agarwal

  mesmerizeme.com
Agenda




                     Industry Overview

                   Target Group Insights

                  Mesmerize me: Concept


                         Features


              Marketing & Promotion Strategy

                   Monetization Strategy




mesmerizeme.com
Industry: Online Dating

In 2010, online dating industry was $4 billion worldwide.
                                                       http://www.datingsitesreviews.com

 The mobile phone dating market was worth $330 million in 2007, $550 million in 2008
  and is predicted to double to $1.3 billion by 2013
 It is estimated that at least 10 percent of new accounts created each day are from
  scammers
 On average 10 percent of members pay for the dating service and stay for less than 3
  months                                                                 www.bizopedia.biz

In India, there are 15 million online dating users                   dating-overview.com

Indian Online dating industry will grow by 25% in 2010                Times Of India,2010

In India, there is a long standing culture of matrimony which is similar in nature to online
dating. We've found that the new generation, which is wired and technologically
advanced, is embracing online dating as opposed to working with matchmakers
                                                          Meir Strahlberg, CEO, Date.com


      mesmerizeme.com
The rising Internet Penetration in India

According to IMRB and the Internet & Mobile Association of India report “Report on Internet in India (I-Cube) 2011”

          Internet Users(in millions)                                         Frequency of Use
140                                                               28%
                                             121          30%                            27%
120
                                                          25%
                                  95                                         20%
100
                                                          20%
 80                  67.5                                                                            12%
                                                          15%
 60      53.5
                                                          10%                                                    7%
 40                                                        5%                                                               2%
 20                                                        0%
  0                                                               Daily   4-6 Times a 2-3 Times a   Once a   2-3 Times a   Once a
         2008        2009        2010        2011                            week        week       week       month       month




                                                                 More than 75% of Internet Usage is driven
                                                                  by younger generation of people
                                                                 Around 33% of young men and working
                                                                  women are heavy users spending more than
                                                                  16.5 hours on the net




        mesmerizeme.com
Where is the Target Audience?

         Top 3 Internet Usages(Urban Areas)*
100%         89%
80%                              71%                 64%
                                                                   *Base : Active Internet User (Urban),
60%                                                                       2011 - 30 cities [As of March 2011]
40%
20%                                                                Source: Report on Internet in India (I-Cube) 2011
 0%
            E-Mail           Social Network        Education




                                       Email                       Gmail | Yahoo | Outlook | Rediff
       Users of
                               Social Networking                Facebook | Twitter | YouTube | Orkut




    Our Target Audience would be those who are already present on Social Networking sites as they give a fair
     representation of the active internet users
    Facebook is the dominant Social Network around the world and in India; so the Facebook
     users in India represents the size of the potential user base


       mesmerizeme.com
Target Group Definition
   Hunger to expand horizons;                                          Self-Obsessed; Materialistic
    fear of being left behind

                                                                      Money is the barometer of
Staying ahead of style curve is
                                                                      success; Real joy lies in
        very important
                                                                      spending


      Moving from sustenance to
             indulgence                                                Technology is the great enabler
Profile




                 Age: Below 30 years | Educated | Urban | Present on Social Media |
                        Always connected online: Mails, Facebook & Twitter

   Enthusiastic                                                                        Experiencers
                     Lively                                       Value seekers
                                  Intuitive   Adventurous

            Target Group has embraced technology and has significant presence online
            They are willing to spend money to indulge themselves


          mesmerizeme.com
Ideation for Features: Target Group Insights
Insights from a primary survey conducted among 63 young Indians (below the age of 30 years) in NCR

    We have hesitation in                                                       Finding true love is
   initiating conversations                                                        all about Luck


Humor and wit are the
most valued attributes
  in a conversation                                                               Serendipity
                                                                                    Lounge

  It’s fun being wooed by
       the opposite sex                                                To find common ground we
                                                                      mostly prefer discussing about:
                                  We need to be sure about the          Books | Travel | Movies |
                                   credibility of the people we               Food | Music
                                     meet . Safety is an issue


 mesmerize me                                                     Big 5 Compatibility Matcher
                              Credibility Features

        mesmerizeme.com
What is       mesmerize me…?

                       An India specific Online dating portal providing users with a
                       unique way to initiate conversations and woo the opposite
                       sex and get mesmerized through wit and humor

                       It allows users to find and mesmerize that someone
                       special…

            Connect Features                             Credibility Features
   mesmerize me                                Mobile number Verification
   Serendipity lounge
                                                Iovation Service
   Big 5 Compatibility Matcher
   Location Based Connect App                  Active Users Only


          Theme Based Profile                             Dating Concierge


      mesmerizeme.com
Introducing            mesmerize me
                                                                                      ‘mesmerize me’ to
                                                                                         signify that a
                                                                                      person needs to be
                                                                                          wooed and
                                                                                       impressed at the
  Red color to                                                                             start of a
signify Love and                                                                         relationship
    passion




  A boy and a girl to
  signify our Target
Audience engaged in a
     conversation
                                                                                      Speech bubbles to
                        A gamut of conversation lines to signify:
                                                                                    signify the importance
                          the most often asked questions on the first date
                                                                                       of Conversations
                          that conversations are the best way to impress someone
                                                                                         during dates


          mesmerizeme.com
Feature #1:               mesmerize me
                                                        Core Idea: mesmerize me
                                  Users will put up incomplete sentences/thoughts on their profile and possible
                                  suitors can comment on the profile of the initiator to “Mesmerize” him/her. The
                                  initiator can then choose to contact the person who has given the best reply in
                                  their opinion

            Step 1                                     Step 2                                 Step 3
 Initiating user gives the                    Suitors respond and try to        She chooses the guy who mesmerized
 call for Mesmerization                             mesmerize her                     her & Connects with him
                                                        Sahil: “Love is like
                                                        tanning on Anjuna
                                                              beach”

                                                        Harry: “Love is in
                                                      knowing that some1’s       @Sahil: I have fond memories of Anjuna
                                                     there for me at the end    beach. How many times have u been there?
                                                           of the day ”
      mesmerize me:
“Love to me is like the English                     Aman: “Love is an eternal
winter’s sunshine, warm and                          sensation of care and
cozy…what is it for you?”...                                giving”



       mesmerizeme.com
Feature #2:              serendipity lounge
                                                 Concept: Serendipity Lounge
                                Connect feature based on Serendipity for die hard romantics. Users who want
                                to find someone on the basis of luck can use this option. The Lounge will be
                                featured as a tab on the Home page
 Serendipity Lounge


                   Step 1                                    Step 2                          Step 3
On clicking the Serendipity Lounge tab, users    System will wait for matching         As soon as matches are
will have to answer the Serendipity Question     answers from other users              found:
of the day                                                                             Users will be informed
                                                                                       about their Serendipity
                                                                                       profile matches for the
                                                                                       day via instant updates


Serendipity
  Lounge

   Serendipity Lounge:              Riki:              Serendipity Lounge:
Which is your favorite movie?    Dark Knight                                           Inbox
                                                   Loading your Luck..Please Wait



          mesmerizeme.com
Feature #3:    Big 5 Compatibility Matcher
                                              Concept: Big 5 Compatibility Matcher
 Big 5 Compatibility




                                    On the basis of a primary survey among 63 young Indians (below the age of
                                    30years) in NCR, we found that the top 5 things discussed on a first date were:
                                          Travel | Books | Movies | Cuisine | Music
                                    Our algorithm will solicit information from users on these 5 parameters and
                                    match profiles on the basis of compatibility in these areas

               Step 1: Registration/Sign-up                  Step 2: Results                       Spot-check
On Registration/Sign-up, Users will be              The Big 5 Compatibility Matcher          Users can also request
solicited for information on these 5                 Algorithm will then create a profile     spot compatibility checks
parameters if they want to use this                  score                                    for profiles they find
feature                                             The score will be indexed in our         interesting
                                                     database & high compatibility
                                                     profiles will be suggested to the user




                       mesmerizeme.com
Feature #4:           location based Connect App
                                           Concept: Location based Connect App
mesmerize me




                              Connect feature based on the Location based services concept. Users can download
                              our app on their mobile phones or access it by liking it on Facebook
                              It will use our Connect features (Mesmerize me, Serendipity Lounge and Big 5
                              Compatibility Matcher) to connect people on the basis of their proximity to each
                              other


                  Step 1                               Step 2                                Step 3
        Users will download the app      Users can     utilize   our   connect
        on their smart phones or         features:
        access it by liking it on         mesmerize me, Serendipity Lounge
        Facebook                         or Big 5 Compatibility Matcher
                                         To find matches in their local area




                  OR
                                                                                 Location: Delhi



                mesmerizeme.com
Feature #5:          Credibility Features
                                                    Concept: Credibility
                       The insights from the target group clearly state the need for safety and credibility of
                       the other person. To be assured about the trustworthiness of users, our website will
                       provide the following features



          Feature# 1                            Feature# 2                              Feature# 3
                                                                                     Active Users Only
 Mobile Number Verification          Iovation Service
                                                                             Level of activity will be shown on
                                     To detect & prevent fraudsters          users’ profiles to differentiate
During sign-up/registration the
                                     and habitual offenders from             ghost users. Profiles which have
users would be authenticated
                                     harming our reputation we will          been inactive for 3-6 months will
through      mobile    number
                                     tie-up with Iovation.                   be shown as Inactive,6-12
verification     to    prevent
                                                                             months as Dormant and more
multiple      accounts     and
                                     It captures a “digital fingerprint”     than an year as Dead
fraudsters
                                     of each device and establishes a
                                     unique device reputation that is                       • Active
                                                                                 Activity
                                     stored in it’s shared network               Status     • Inactive
                                     (650 million strong)                                   • Dormant




         mesmerizeme.com
Other Features

   Theme based Profile
  Users can select from a plethora of relevant profile themes like F1
  racing, Harry Potter, James Bond, etc. The visual elements for their
  profile & virtual gifts range available for them will be from their
  theme. Men and women with similar interests can also easily connect
  through this feature.

 Dating Concierge
  An end to end dating concierge will provide: Pre-date, Date & Post-date services by planning out the
  whole day for customers through our tie-ups with complementary players like salons, beauty parlours,
  cab services and restaurants.

  Other Features                                     Winks & Pokes
 Profile searching:                                 Local area search options
  Basic & Advanced with multiple criterion           Mailbox
 Virtual Gift Shop                                  Past profile Views
 Video Instant Messenger & Video chat               Contact imports
 SMS Connect                                        Facebook Log-in



        mesmerizeme.com
Mock-Ups: Home Page




mesmerizeme.com
Mock-Ups: Feature #1 mesmerize   me




mesmerizeme.com
Mock-Ups: Feature #1 mesmerize                      me (Details)
User can post a new sentence or thought and get Mesmerized
                                                                      Ankit is Logged
                                                                      in. His Activity
                                                                      status is: Active

                                                                         Navigation
                                                                           Panel

                                                                       Mesmerize me
                                                                            Panel:
User can view                                                            Status lines
the replies to                                                           from other
 his updates                                                           users would be
                                                                       displayed here.
 User can then                                                            Profiles of
select the best                                                          compatible
   reply and                                                           users would be
connect to that                                                             shown
     user




          mesmerizeme.com
Mock-Ups: Feature #2 serendipity   lounge



 User can use
this feature by
Answering the
 Question of
    the Day




Once answered
the system will
   wait for
   matching
   answers




          mesmerizeme.com
Mock-Ups: Feature #2 serendipity   lounge (contd)

  As soon as
   matches
   become
available users
 are informed
   via Insta
   updates




    Matching
 answers along
 with the users
  is displayed
    with the
    option to
 contact them




          mesmerizeme.com
Marketing Plan

                Countdown                               Accelerate                            Invigorate
                                      Launch                                   Engage

                                                                             Up to 12             After 12
                  - 30 Days            Day 0             + 30 Days
                                                                             months               Months
                    Create           Generate            Awareness            Create                Use
                   Intrigue            Buzz               and Trial        Conversation           Networks
                                                                            Radio
Focus Mediums




                 Print Ads                              Radio                                Refer a friend
                                   Launch Bus           Wall of Fame      Celeb             Online
                 Viral
                                   Print Ads            Mall               Endorsements       conversations
                  Campaign                                Activations                          Success
                                    Viral campaign      OOH Media         Tie-ups with       stories
                 OOH Media
                                                                             restaurants

                                 Online          Social Media      Strategic Tie       Public           Word of
  Perennial                   Advertisement       Marketing            Ups            Relations         Mouth


                  mesmerizeme.com
Phase 1: Countdown
                            OBJECTIVE: Create intrigue around mesmerize me
     Initially, shroud the brand in mystery and keep the audiences guessing as to what
      services or products are offered
     This will help create Intrigue around the brand
                            Media > Print Ads | Viral Campaign | OOH Media

            Print Ads                            Viral Campaign                      OOH Media
 Newspapers:                            Social Media:                     Malls:
  Times of India, Hindustan               Facebook                           Posters on Elevators
  Times, Economic Times                   Twitter                            Hoardings
 Lifestyle Magazines:                    Four Square                        Danglers
  Cosmopolitan, Outlook, Vogue            Stumble Upon                      Stations
 Pamphlets:                                                                 Bus stops
  Distributed in specific regions        Viral Video                        Metro/Local stations
 Behind bills:                           Funny videos to be released       Cabvertisements
  Movie tickets, Petrol bills, Radio      to social media for generating     Meru cabs
  Cab bills                               conversations                      Quick cabs


         mesmerizeme.com
Phase 1: Countdown (Contd)

 Theme: ‘Can you mesmerize me’
  To create intrigue about what is
  mesmerize me
 Can be used as bookmarks for Lifestyle
  magazines
 Placed at table tops in coffee shops and
  malls and restaurants
 Behind bills and at major intersections

             Print Ads                         Hoardings/Banners

                                      Evolution of Dating

                                                                   What ‘s the
                                                                   new way to
                                                                   mesmerize?

          1950s                      1980s           2000s             2011

        mesmerizeme.com
Phase 2: Launch
                        OBJECTIVE: Generate buzz around mesmerize me

    Create a bang on Launch Day with spectacular campaigns to get eyeballs
    And generate conversations around the Brand
    At the time of launch, questions and intrigue created around mesmerize me would be
     answered through a set of ads
          Media > Launch Bus | Print Ads | Viral campaign | Online Marketing splash

         Launch Bus                         Print Ads                       Viral Campaign
 Launch Bus to be used in       Newspapers:                        Leverage social media:
  select metro cities:            Times of India, Hindustan           Release viral videos about
  Delhi, Mumbai, Bangalore,       Times, Economic Times               mesmerize me and it’s
  Pune to grab eyeballs and                                           benefits which are humorous
                                 Pamphlets:
                                                                      and witty
  generate free publicity         Distributed in specific regions

    Online Marketing Splash
 Create a splash online on the day of the launch to maximize reach & create awareness
 Banner ads |Pop-ups | E-mails | Search Engine Optimization | Roll-over ads | Sponsored ad


       mesmerizeme.com
Phase 2: Launch (Contd)

 Theme: ‘mesmerize me’
  Answer the questions asked
  during the countdown stage
 Used in Print, Online, Viral and
  Bus campaigns
 The objective of the phase is to
  create awareness and generate
  buzz
 Viral videos and campaigns to
  create word of mouth

                                     Evolution of Dating

                                                           The new era of dating
                                                           mesmerizeme.com



          1950s                      1980s         2000s            2011

       mesmerizeme.com
Phase 2: Launch (contd)

Launch Bus: PARTY
 This Bus will be a party bus, having lots of couples, who will move across the city in it distributing flyers.




                                                                                           Best Couple
                                                                                           competition




    DJ




        mesmerizeme.com
Phase 2: Launch (contd)

Launch Bus:
 HANGOUT
  PLACES


    Stoppages at major hangout places where the couples in the bus will “Date” together

  Mumbai                     Delhi                 Bangalore                    Pune



Palladium Mall          Select City Mall          InOrbit Mall             Koregaon Park



Bandra Market           Connaught Place           UB City Mall                FC Road

                                                                 Best couple competition will be
                                                                 held to encourage people to
                                                                 participate


  mesmerizeme.com
Phase 3: Accelerate
                    OBJECTIVE: Create Awareness and Trail for mesmerize me

    Create a bang on Launch Day with spectacular campaigns to get eyeballs
    And generate conversations around the Brand
    At the time of launch, questions and intrigue created around mesmerize me would be
     answered through a set of ads
                 Media > Radio | Wall of Fame | Mall Activations | OOH Media

            Radio                        Wall of Fame                  Mall Activations
 Radio slots during peak        Games on social media:        Balloons in Malls:
  travelling hours in:          Competitions      would  be      Balloons with ‘mesmerize me’
>Delhi, Mumbai, Bangalore,      organized on social media        logo would be placed in malls
  Pune to spread awareness      properties and winners would     to grab instant attention
                                be recognized on ‘mesmerize
> 10 sec slots between songs
                                me’ Wall of Fame

          OOH Media
 Hoardings in malls would be displayed with ‘Mesmerize me’ campaigns
 Elevators and Escalators in prominent malls would be used for innovative campaigns


       mesmerizeme.com
Phase 3: Accelerate (contd)

                 Radio Campaign                                        Theme: Wall of Fame
Radio Campaign specific opinion leading cities             Idea: Competitions will be organized on
    • Delhi, Mumbai, Pune and Bangalore                      social media sites
Target Group : 18 to 30` years
                                                            Incomplete line given every day to users who
Ideal part of week: Monday to Friday                         need to come up with witty or thoughtful ways
                                                             to complete it
Radio Partners: Red FM or Radio Mirchi
                                                           A winner would be announced everyday
Plan A:“mesmerize me” through Songs                        who will become part of the Wall of Fame
   Slots between songs would be used to                    on mesmerizeme.com
   publicize ‘mesmerize me’
Plan B: “mesmerize me” on Air                              Winners will be awarded a 2 week Free Trial
Competitions will be organized on radio where one caller     Pack to the paid features of the website
can give an incomplete line. Others can respond &
complete the line. The best answer selected will win a
chance to go on a sponsored date with the original
initiator


          mesmerizeme.com
Phase 3: Accelerate (contd)

 Mall Activations: Balloons in Malls
Balloons with ‘mesmerizeme.com’ stickers will be placed in hangout places for couples,
in malls




     mesmerizeme.com
Phase 4: Engage
                   OBJECTIVE: Create conversations around mesmerize me

    After sustained campaigns to create awareness and promoting trials
    Create specific campaigns to create conversations around the brand
    Embed topics in the Social Media to initiate conversations and monitor them
               Media > Radio | Celeb Endorsements | Tie-ups with restaurants

           Radio                     Celeb Endorsements                        Tie-ups
 Continue running the           BTL activity in Malls/major      Tie-ups with key
  campaign launched in the        markets:                          restaurants/coffee shops:
  previous phase                Campaign to engage the              Tie-up with key chains like
                                audience       in    meaningful     Pizza Hut, Costa Coffee, Café
                                conversations     with   celebs     Coffee day to leverage their
                                engaged by ‘mesmerize me’ at        reach
                                major malls and markets




       mesmerizeme.com
Phase 4: Engage (Contd)

         Mesmerize the Celebrity           Theme : “MesmerizeOver Coffee
                                                    Mesmerize over Coffee”

Idea:                                      Idea:
 BTL activity in malls where celebrities   Certain featured profiles of the website would
(eg. Gul Panag) will write an incomplete   be put up in the prominent coffee shops like
line on mesmerize me’s branded huge        Barista, CCD, Gloria Jeans etc.
boards.
                                           Along with a white board where incomplete
And participants will be invited to
                                           lines would be written. The patrons of these
complete the line and “Mesmerize Her”.
                                           joints can complete the lines and best answer
The best replies selected will get a
                                           will get a chance to win a sponsored date
chance to have a date with the celebrity
                                           with the featured profile at the same place




        mesmerizeme.com
Phase 5: Invigorate
   OBJECTIVE: Use Networks and word of mouth to create mass appeal for mesmerize me

   Leverage networks of existing users – referrals
   Create and focus on positive Word of mouth of existing users to create a mass appeal
       Media > Online Referrals | Publicized Success stories | Sustained Conversations
Theme: Referral System
       Referral System
Idea:
Users who refer our website to their friends & acquaintances would be given bonus points
to spend on our paid services. Thus, create incentives apart from a great product to
generate user referrals

        Success Stories
Theme: Referral System
Idea:
Use the success stories of our website and how it helped connect soul mates using PR on
media like: Website, Affiliates, Sponsored Ads, and magazines like HT Brunch, Cosmopolitan
This would help in the purposes of establishing our credibility & would remove the taboo of
online dating and generate word of mouth

      mesmerizeme.com
Monetization




            And of course: Google Adsense

mesmerizeme.com
Assumptions used for Monetization
    Facebook users in India in the age group 18-30 years(Nov 2011)
                                Single (a)                                 7.8 million
                    Undisclosed relationship status(b)                     10.3 million
                               Total(a+b)                                  18.1 million

                                             Assumptions:
Optimistic estimates:
a) 3% of Target group on FB use memerizeme.com during first year
b)6 % use mesmerizeme.com during second year
c)Singles and All people with undisclosed relationship are included

Moderate estimates:
a) 2% of Target group on FB use memerizeme.com during first year
b)4 % use mesmerizeme.com during second year a
c)Singles and Half the people with undisclosed relationship are included

Conservative estimates
a) 1% of Target group on FB use memerizeme.com during first year
b)2 % use mesmerizeme.com during second year
c) Only singles are included

Facebook is currently adding around 2 million users / month in India)


  mesmerizeme.com
Monetization#1: FREEMIUM MODEL

                                            Feature                   Free          Premium
Basic Features available to all
  users while the following               mesmerize me             Up to 5 usages   unlimited
  features available only to
       premium users                    Serendipity lounge         Up to 5 usages   unlimited


• 10% of mesmerizeme.com users      Big 5 Compatibility Matcher         No          unlimited
  will go for premium
  accounts(Industry average)        Location Based Connect App          No          unlimited
• Price would be increased by 10%
  in the second year
• NPV Values are for two years         Theme Based Profile              No          unlimited

Optimistic Estimate                      Dating Concierge               No          unlimited
NPV: Rs.74.93 crore
Moderate Estimate:                  Advanced Profile searching          No          unlimited
NPV: Rs. 35.74 crore                   ,Virtual Gift Shop, Video
                                     Instant Messenger & Video
Conservative Estimate:
                                    chat, SMS Connect, Winks &
NPV: Rs. 10.76 crore                             Pokes
                                            Price/year                 Free          Rs. 3000

        mesmerizeme.com
Monetization#2: DATING CONCIERGE

                                     Customer chooses services
                                      and pays per transaction
                                       to mesmerizeme.com
                                                1
                                                    Concierge of services like flowers, cabs and restaurants




                                        2
                          Customer gets a coupon
                          of a scheme or discount
                            for the service used


                                                                   Optimistic Estimate: NPV: Rs. 69.6 lakh
• Price charged/transaction : 10% of transaction amount
• Average size of transaction : Rs. 500
• Only 10% of premium mesmerizeme.com users will use               Moderate Estimate: NPV: Rs.33.19 lakh
  this service and frequency of every second month
• NPV Values are for two years
                                                                   Conservative Estimate: NPV: 9.99 lakh


         mesmerizeme.com
Monetization#3: DATE ASSIST & ADVERTISE

 Expert advice to build attractive profile            Advertise your profile and make it
 Help to present yourself in a better way using       Feature in more searches
 help from dating experts. Increase the chances to    Help to reach more prospects and increase the
 impress                                              chances of interaction




• Price charged : Rs. 1000/year                         Optimistic Estimate: NPV: Rs. 1.24 crore
• Price will be increased by 10% every year
• Assuming 5% of premium mesmerize me users will go     Moderate Estimate: NPV: Rs. 59.5 lakh
  for this service
• NPV Values are for two years
                                                        Conservative Estimate: NPV: Rs.17.94 lakh

         mesmerizeme.com
And Obviously Google AdSense

Google Ad Sense is a free program that empowers online publishers to earn revenue
by displaying relevant ads on a wide variety of online content

•Average revenue estimate : .40 $ / click
•Assuming revenues only from premium
users and a frequency of one click per month
•NPV Values are for two years

Optimistic Estimate: NPV: Rs. 5.56 crore

Moderate Estimate: NPV: Rs. 2.65 crore

Conservative Estimate: NPV: Rs. 79.9 lakh


Excel Calculations for Monetization Models




     mesmerizeme.com
Organization structure



                                                      Managing Director




Director
                                                                      Director of           HR
   of              Director of Engineering & Research                                                      Support Head
                                                                      Marketing            Head
Finance




Accounting     Engineering   Product   Design   Testing   Research    Sales    Marketing     HR      System   Network
                                                                                                                        Help Desk
 manager         Team        manager   Team     Team       Team      Manager   Manager     Manager   Admin     Admin
                                                                                                                           2
    1              9            2        3        2          2          1         1           1        1         1




             mesmerizeme.com
Profit & Loss Statement for 4 years

                                                 Rs. Lakhs
       Year           2012     2013     2014        2015
       Sales          859      3379     7754       14017
      Salary          309.2   1351.6    3101.6     5606.8
Gen. Administration   120.3   405.48    852.94     1401.7
 Sales & Marketing    223.3   574.43    1163.1    2102.55
Engineering and R&D   85.9    270.32    542.78    911.105
     Support          68.72   236.53    465.24     841.02
       Misc.          34.36   101.37    232.62     420.51
   Depreciation       25.77   84.475    21.475     21.475
     Net profit       -8.59   354.795   1374.2    2711.84

mesmerizeme.com
Thank You


mesmerizeme.com

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Directi Case Study Contest - Team idate from MDI Gurgaon

  • 1. Case Study Competition 2011 Presented by: Members: Harpreet Singh Team iDate Pinak Mukherjee MDI - Gurgaon Rakinderjit Singh Sahil Agarwal mesmerizeme.com
  • 2. Agenda Industry Overview Target Group Insights Mesmerize me: Concept Features Marketing & Promotion Strategy Monetization Strategy mesmerizeme.com
  • 3. Industry: Online Dating In 2010, online dating industry was $4 billion worldwide. http://www.datingsitesreviews.com  The mobile phone dating market was worth $330 million in 2007, $550 million in 2008 and is predicted to double to $1.3 billion by 2013  It is estimated that at least 10 percent of new accounts created each day are from scammers  On average 10 percent of members pay for the dating service and stay for less than 3 months www.bizopedia.biz In India, there are 15 million online dating users dating-overview.com Indian Online dating industry will grow by 25% in 2010 Times Of India,2010 In India, there is a long standing culture of matrimony which is similar in nature to online dating. We've found that the new generation, which is wired and technologically advanced, is embracing online dating as opposed to working with matchmakers Meir Strahlberg, CEO, Date.com mesmerizeme.com
  • 4. The rising Internet Penetration in India According to IMRB and the Internet & Mobile Association of India report “Report on Internet in India (I-Cube) 2011” Internet Users(in millions) Frequency of Use 140 28% 121 30% 27% 120 25% 95 20% 100 20% 80 67.5 12% 15% 60 53.5 10% 7% 40 5% 2% 20 0% 0 Daily 4-6 Times a 2-3 Times a Once a 2-3 Times a Once a 2008 2009 2010 2011 week week week month month  More than 75% of Internet Usage is driven by younger generation of people  Around 33% of young men and working women are heavy users spending more than 16.5 hours on the net mesmerizeme.com
  • 5. Where is the Target Audience? Top 3 Internet Usages(Urban Areas)* 100% 89% 80% 71% 64% *Base : Active Internet User (Urban), 60% 2011 - 30 cities [As of March 2011] 40% 20% Source: Report on Internet in India (I-Cube) 2011 0% E-Mail Social Network Education Email Gmail | Yahoo | Outlook | Rediff Users of Social Networking Facebook | Twitter | YouTube | Orkut  Our Target Audience would be those who are already present on Social Networking sites as they give a fair representation of the active internet users  Facebook is the dominant Social Network around the world and in India; so the Facebook users in India represents the size of the potential user base mesmerizeme.com
  • 6. Target Group Definition Hunger to expand horizons; Self-Obsessed; Materialistic fear of being left behind Money is the barometer of Staying ahead of style curve is success; Real joy lies in very important spending Moving from sustenance to indulgence Technology is the great enabler Profile Age: Below 30 years | Educated | Urban | Present on Social Media | Always connected online: Mails, Facebook & Twitter Enthusiastic Experiencers Lively Value seekers Intuitive Adventurous Target Group has embraced technology and has significant presence online They are willing to spend money to indulge themselves mesmerizeme.com
  • 7. Ideation for Features: Target Group Insights Insights from a primary survey conducted among 63 young Indians (below the age of 30 years) in NCR We have hesitation in Finding true love is initiating conversations all about Luck Humor and wit are the most valued attributes in a conversation Serendipity Lounge It’s fun being wooed by the opposite sex To find common ground we mostly prefer discussing about: We need to be sure about the Books | Travel | Movies | credibility of the people we Food | Music meet . Safety is an issue mesmerize me Big 5 Compatibility Matcher Credibility Features mesmerizeme.com
  • 8. What is mesmerize me…? An India specific Online dating portal providing users with a unique way to initiate conversations and woo the opposite sex and get mesmerized through wit and humor It allows users to find and mesmerize that someone special… Connect Features Credibility Features  mesmerize me  Mobile number Verification  Serendipity lounge  Iovation Service  Big 5 Compatibility Matcher  Location Based Connect App  Active Users Only Theme Based Profile Dating Concierge mesmerizeme.com
  • 9. Introducing mesmerize me ‘mesmerize me’ to signify that a person needs to be wooed and impressed at the Red color to start of a signify Love and relationship passion A boy and a girl to signify our Target Audience engaged in a conversation Speech bubbles to A gamut of conversation lines to signify: signify the importance  the most often asked questions on the first date of Conversations  that conversations are the best way to impress someone during dates mesmerizeme.com
  • 10. Feature #1: mesmerize me Core Idea: mesmerize me Users will put up incomplete sentences/thoughts on their profile and possible suitors can comment on the profile of the initiator to “Mesmerize” him/her. The initiator can then choose to contact the person who has given the best reply in their opinion Step 1 Step 2 Step 3 Initiating user gives the Suitors respond and try to She chooses the guy who mesmerized call for Mesmerization mesmerize her her & Connects with him Sahil: “Love is like tanning on Anjuna beach” Harry: “Love is in knowing that some1’s @Sahil: I have fond memories of Anjuna there for me at the end beach. How many times have u been there? of the day ” mesmerize me: “Love to me is like the English Aman: “Love is an eternal winter’s sunshine, warm and sensation of care and cozy…what is it for you?”... giving” mesmerizeme.com
  • 11. Feature #2: serendipity lounge Concept: Serendipity Lounge Connect feature based on Serendipity for die hard romantics. Users who want to find someone on the basis of luck can use this option. The Lounge will be featured as a tab on the Home page Serendipity Lounge Step 1 Step 2 Step 3 On clicking the Serendipity Lounge tab, users System will wait for matching As soon as matches are will have to answer the Serendipity Question answers from other users found: of the day Users will be informed about their Serendipity profile matches for the day via instant updates Serendipity Lounge Serendipity Lounge: Riki: Serendipity Lounge: Which is your favorite movie? Dark Knight Inbox Loading your Luck..Please Wait mesmerizeme.com
  • 12. Feature #3: Big 5 Compatibility Matcher Concept: Big 5 Compatibility Matcher Big 5 Compatibility On the basis of a primary survey among 63 young Indians (below the age of 30years) in NCR, we found that the top 5 things discussed on a first date were:  Travel | Books | Movies | Cuisine | Music Our algorithm will solicit information from users on these 5 parameters and match profiles on the basis of compatibility in these areas Step 1: Registration/Sign-up Step 2: Results Spot-check On Registration/Sign-up, Users will be The Big 5 Compatibility Matcher Users can also request solicited for information on these 5 Algorithm will then create a profile spot compatibility checks parameters if they want to use this score for profiles they find feature The score will be indexed in our interesting database & high compatibility profiles will be suggested to the user mesmerizeme.com
  • 13. Feature #4: location based Connect App Concept: Location based Connect App mesmerize me Connect feature based on the Location based services concept. Users can download our app on their mobile phones or access it by liking it on Facebook It will use our Connect features (Mesmerize me, Serendipity Lounge and Big 5 Compatibility Matcher) to connect people on the basis of their proximity to each other Step 1 Step 2 Step 3 Users will download the app Users can utilize our connect on their smart phones or features: access it by liking it on  mesmerize me, Serendipity Lounge Facebook or Big 5 Compatibility Matcher To find matches in their local area OR Location: Delhi mesmerizeme.com
  • 14. Feature #5: Credibility Features Concept: Credibility The insights from the target group clearly state the need for safety and credibility of the other person. To be assured about the trustworthiness of users, our website will provide the following features Feature# 1 Feature# 2 Feature# 3 Active Users Only Mobile Number Verification Iovation Service Level of activity will be shown on To detect & prevent fraudsters users’ profiles to differentiate During sign-up/registration the and habitual offenders from ghost users. Profiles which have users would be authenticated harming our reputation we will been inactive for 3-6 months will through mobile number tie-up with Iovation. be shown as Inactive,6-12 verification to prevent months as Dormant and more multiple accounts and It captures a “digital fingerprint” than an year as Dead fraudsters of each device and establishes a unique device reputation that is • Active Activity stored in it’s shared network Status • Inactive (650 million strong) • Dormant mesmerizeme.com
  • 15. Other Features Theme based Profile Users can select from a plethora of relevant profile themes like F1 racing, Harry Potter, James Bond, etc. The visual elements for their profile & virtual gifts range available for them will be from their theme. Men and women with similar interests can also easily connect through this feature. Dating Concierge An end to end dating concierge will provide: Pre-date, Date & Post-date services by planning out the whole day for customers through our tie-ups with complementary players like salons, beauty parlours, cab services and restaurants. Other Features  Winks & Pokes  Profile searching:  Local area search options Basic & Advanced with multiple criterion  Mailbox  Virtual Gift Shop  Past profile Views  Video Instant Messenger & Video chat  Contact imports  SMS Connect  Facebook Log-in mesmerizeme.com
  • 17. Mock-Ups: Feature #1 mesmerize me mesmerizeme.com
  • 18. Mock-Ups: Feature #1 mesmerize me (Details) User can post a new sentence or thought and get Mesmerized Ankit is Logged in. His Activity status is: Active Navigation Panel Mesmerize me Panel: User can view Status lines the replies to from other his updates users would be displayed here. User can then Profiles of select the best compatible reply and users would be connect to that shown user mesmerizeme.com
  • 19. Mock-Ups: Feature #2 serendipity lounge User can use this feature by Answering the Question of the Day Once answered the system will wait for matching answers mesmerizeme.com
  • 20. Mock-Ups: Feature #2 serendipity lounge (contd) As soon as matches become available users are informed via Insta updates Matching answers along with the users is displayed with the option to contact them mesmerizeme.com
  • 21. Marketing Plan Countdown Accelerate Invigorate Launch Engage Up to 12 After 12 - 30 Days Day 0 + 30 Days months Months Create Generate Awareness Create Use Intrigue Buzz and Trial Conversation Networks  Radio Focus Mediums  Print Ads  Radio  Refer a friend Launch Bus  Wall of Fame  Celeb  Online  Viral Print Ads  Mall Endorsements conversations Campaign Activations  Success  Viral campaign  OOH Media  Tie-ups with stories  OOH Media restaurants Online Social Media Strategic Tie Public Word of Perennial Advertisement Marketing Ups Relations Mouth mesmerizeme.com
  • 22. Phase 1: Countdown OBJECTIVE: Create intrigue around mesmerize me  Initially, shroud the brand in mystery and keep the audiences guessing as to what services or products are offered  This will help create Intrigue around the brand Media > Print Ads | Viral Campaign | OOH Media Print Ads Viral Campaign OOH Media  Newspapers:  Social Media:  Malls: Times of India, Hindustan Facebook Posters on Elevators Times, Economic Times Twitter Hoardings  Lifestyle Magazines: Four Square Danglers Cosmopolitan, Outlook, Vogue Stumble Upon  Stations  Pamphlets: Bus stops Distributed in specific regions  Viral Video Metro/Local stations  Behind bills: Funny videos to be released  Cabvertisements Movie tickets, Petrol bills, Radio to social media for generating Meru cabs Cab bills conversations Quick cabs mesmerizeme.com
  • 23. Phase 1: Countdown (Contd)  Theme: ‘Can you mesmerize me’ To create intrigue about what is mesmerize me  Can be used as bookmarks for Lifestyle magazines  Placed at table tops in coffee shops and malls and restaurants  Behind bills and at major intersections Print Ads Hoardings/Banners Evolution of Dating What ‘s the new way to mesmerize? 1950s 1980s 2000s 2011 mesmerizeme.com
  • 24. Phase 2: Launch OBJECTIVE: Generate buzz around mesmerize me  Create a bang on Launch Day with spectacular campaigns to get eyeballs  And generate conversations around the Brand  At the time of launch, questions and intrigue created around mesmerize me would be answered through a set of ads Media > Launch Bus | Print Ads | Viral campaign | Online Marketing splash Launch Bus Print Ads Viral Campaign  Launch Bus to be used in  Newspapers:  Leverage social media: select metro cities: Times of India, Hindustan Release viral videos about Delhi, Mumbai, Bangalore, Times, Economic Times mesmerize me and it’s Pune to grab eyeballs and benefits which are humorous  Pamphlets: and witty generate free publicity Distributed in specific regions Online Marketing Splash  Create a splash online on the day of the launch to maximize reach & create awareness  Banner ads |Pop-ups | E-mails | Search Engine Optimization | Roll-over ads | Sponsored ad mesmerizeme.com
  • 25. Phase 2: Launch (Contd)  Theme: ‘mesmerize me’ Answer the questions asked during the countdown stage  Used in Print, Online, Viral and Bus campaigns  The objective of the phase is to create awareness and generate buzz  Viral videos and campaigns to create word of mouth Evolution of Dating The new era of dating mesmerizeme.com 1950s 1980s 2000s 2011 mesmerizeme.com
  • 26. Phase 2: Launch (contd) Launch Bus: PARTY This Bus will be a party bus, having lots of couples, who will move across the city in it distributing flyers. Best Couple competition DJ mesmerizeme.com
  • 27. Phase 2: Launch (contd) Launch Bus: HANGOUT PLACES Stoppages at major hangout places where the couples in the bus will “Date” together Mumbai Delhi Bangalore Pune Palladium Mall Select City Mall InOrbit Mall Koregaon Park Bandra Market Connaught Place UB City Mall FC Road Best couple competition will be held to encourage people to participate mesmerizeme.com
  • 28. Phase 3: Accelerate OBJECTIVE: Create Awareness and Trail for mesmerize me  Create a bang on Launch Day with spectacular campaigns to get eyeballs  And generate conversations around the Brand  At the time of launch, questions and intrigue created around mesmerize me would be answered through a set of ads Media > Radio | Wall of Fame | Mall Activations | OOH Media Radio Wall of Fame Mall Activations  Radio slots during peak  Games on social media:  Balloons in Malls: travelling hours in: Competitions would be Balloons with ‘mesmerize me’ >Delhi, Mumbai, Bangalore, organized on social media logo would be placed in malls Pune to spread awareness properties and winners would to grab instant attention be recognized on ‘mesmerize > 10 sec slots between songs me’ Wall of Fame OOH Media  Hoardings in malls would be displayed with ‘Mesmerize me’ campaigns  Elevators and Escalators in prominent malls would be used for innovative campaigns mesmerizeme.com
  • 29. Phase 3: Accelerate (contd) Radio Campaign Theme: Wall of Fame Radio Campaign specific opinion leading cities Idea: Competitions will be organized on • Delhi, Mumbai, Pune and Bangalore social media sites Target Group : 18 to 30` years  Incomplete line given every day to users who Ideal part of week: Monday to Friday need to come up with witty or thoughtful ways to complete it Radio Partners: Red FM or Radio Mirchi A winner would be announced everyday Plan A:“mesmerize me” through Songs who will become part of the Wall of Fame Slots between songs would be used to on mesmerizeme.com publicize ‘mesmerize me’ Plan B: “mesmerize me” on Air Winners will be awarded a 2 week Free Trial Competitions will be organized on radio where one caller Pack to the paid features of the website can give an incomplete line. Others can respond & complete the line. The best answer selected will win a chance to go on a sponsored date with the original initiator mesmerizeme.com
  • 30. Phase 3: Accelerate (contd) Mall Activations: Balloons in Malls Balloons with ‘mesmerizeme.com’ stickers will be placed in hangout places for couples, in malls mesmerizeme.com
  • 31. Phase 4: Engage OBJECTIVE: Create conversations around mesmerize me  After sustained campaigns to create awareness and promoting trials  Create specific campaigns to create conversations around the brand  Embed topics in the Social Media to initiate conversations and monitor them Media > Radio | Celeb Endorsements | Tie-ups with restaurants Radio Celeb Endorsements Tie-ups  Continue running the  BTL activity in Malls/major  Tie-ups with key campaign launched in the markets: restaurants/coffee shops: previous phase Campaign to engage the Tie-up with key chains like audience in meaningful Pizza Hut, Costa Coffee, Café conversations with celebs Coffee day to leverage their engaged by ‘mesmerize me’ at reach major malls and markets mesmerizeme.com
  • 32. Phase 4: Engage (Contd) Mesmerize the Celebrity Theme : “MesmerizeOver Coffee Mesmerize over Coffee” Idea: Idea: BTL activity in malls where celebrities Certain featured profiles of the website would (eg. Gul Panag) will write an incomplete be put up in the prominent coffee shops like line on mesmerize me’s branded huge Barista, CCD, Gloria Jeans etc. boards. Along with a white board where incomplete And participants will be invited to lines would be written. The patrons of these complete the line and “Mesmerize Her”. joints can complete the lines and best answer The best replies selected will get a will get a chance to win a sponsored date chance to have a date with the celebrity with the featured profile at the same place mesmerizeme.com
  • 33. Phase 5: Invigorate OBJECTIVE: Use Networks and word of mouth to create mass appeal for mesmerize me  Leverage networks of existing users – referrals  Create and focus on positive Word of mouth of existing users to create a mass appeal Media > Online Referrals | Publicized Success stories | Sustained Conversations Theme: Referral System Referral System Idea: Users who refer our website to their friends & acquaintances would be given bonus points to spend on our paid services. Thus, create incentives apart from a great product to generate user referrals Success Stories Theme: Referral System Idea: Use the success stories of our website and how it helped connect soul mates using PR on media like: Website, Affiliates, Sponsored Ads, and magazines like HT Brunch, Cosmopolitan This would help in the purposes of establishing our credibility & would remove the taboo of online dating and generate word of mouth mesmerizeme.com
  • 34. Monetization And of course: Google Adsense mesmerizeme.com
  • 35. Assumptions used for Monetization Facebook users in India in the age group 18-30 years(Nov 2011) Single (a) 7.8 million Undisclosed relationship status(b) 10.3 million Total(a+b) 18.1 million Assumptions: Optimistic estimates: a) 3% of Target group on FB use memerizeme.com during first year b)6 % use mesmerizeme.com during second year c)Singles and All people with undisclosed relationship are included Moderate estimates: a) 2% of Target group on FB use memerizeme.com during first year b)4 % use mesmerizeme.com during second year a c)Singles and Half the people with undisclosed relationship are included Conservative estimates a) 1% of Target group on FB use memerizeme.com during first year b)2 % use mesmerizeme.com during second year c) Only singles are included Facebook is currently adding around 2 million users / month in India) mesmerizeme.com
  • 36. Monetization#1: FREEMIUM MODEL Feature Free Premium Basic Features available to all users while the following mesmerize me Up to 5 usages unlimited features available only to premium users Serendipity lounge Up to 5 usages unlimited • 10% of mesmerizeme.com users Big 5 Compatibility Matcher No unlimited will go for premium accounts(Industry average) Location Based Connect App No unlimited • Price would be increased by 10% in the second year • NPV Values are for two years Theme Based Profile No unlimited Optimistic Estimate Dating Concierge No unlimited NPV: Rs.74.93 crore Moderate Estimate: Advanced Profile searching No unlimited NPV: Rs. 35.74 crore ,Virtual Gift Shop, Video Instant Messenger & Video Conservative Estimate: chat, SMS Connect, Winks & NPV: Rs. 10.76 crore Pokes Price/year Free Rs. 3000 mesmerizeme.com
  • 37. Monetization#2: DATING CONCIERGE Customer chooses services and pays per transaction to mesmerizeme.com 1 Concierge of services like flowers, cabs and restaurants 2 Customer gets a coupon of a scheme or discount for the service used Optimistic Estimate: NPV: Rs. 69.6 lakh • Price charged/transaction : 10% of transaction amount • Average size of transaction : Rs. 500 • Only 10% of premium mesmerizeme.com users will use Moderate Estimate: NPV: Rs.33.19 lakh this service and frequency of every second month • NPV Values are for two years Conservative Estimate: NPV: 9.99 lakh mesmerizeme.com
  • 38. Monetization#3: DATE ASSIST & ADVERTISE Expert advice to build attractive profile Advertise your profile and make it Help to present yourself in a better way using Feature in more searches help from dating experts. Increase the chances to Help to reach more prospects and increase the impress chances of interaction • Price charged : Rs. 1000/year Optimistic Estimate: NPV: Rs. 1.24 crore • Price will be increased by 10% every year • Assuming 5% of premium mesmerize me users will go Moderate Estimate: NPV: Rs. 59.5 lakh for this service • NPV Values are for two years Conservative Estimate: NPV: Rs.17.94 lakh mesmerizeme.com
  • 39. And Obviously Google AdSense Google Ad Sense is a free program that empowers online publishers to earn revenue by displaying relevant ads on a wide variety of online content •Average revenue estimate : .40 $ / click •Assuming revenues only from premium users and a frequency of one click per month •NPV Values are for two years Optimistic Estimate: NPV: Rs. 5.56 crore Moderate Estimate: NPV: Rs. 2.65 crore Conservative Estimate: NPV: Rs. 79.9 lakh Excel Calculations for Monetization Models mesmerizeme.com
  • 40. Organization structure Managing Director Director Director of HR of Director of Engineering & Research Support Head Marketing Head Finance Accounting Engineering Product Design Testing Research Sales Marketing HR System Network Help Desk manager Team manager Team Team Team Manager Manager Manager Admin Admin 2 1 9 2 3 2 2 1 1 1 1 1 mesmerizeme.com
  • 41. Profit & Loss Statement for 4 years Rs. Lakhs Year 2012 2013 2014 2015 Sales 859 3379 7754 14017 Salary 309.2 1351.6 3101.6 5606.8 Gen. Administration 120.3 405.48 852.94 1401.7 Sales & Marketing 223.3 574.43 1163.1 2102.55 Engineering and R&D 85.9 270.32 542.78 911.105 Support 68.72 236.53 465.24 841.02 Misc. 34.36 101.37 232.62 420.51 Depreciation 25.77 84.475 21.475 21.475 Net profit -8.59 354.795 1374.2 2711.84 mesmerizeme.com