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No Marketplace to connect for Lack of digital presence with Several Freelance model marketplace,
more than 105Million service provider & verified reviews & ratings of but there is no Professional service
service seeker companies service provider unlike product category based companies which are providing
and their capability to capture services on a marketplace.
more business through digital
Key Challenges
Over Over
Enormous additional market Additional Revenue
$3.75 Trillion $3.75 Trillion
Over
$92 Billion
potential through digitzation
of businesses and contribute
to grow their presence online
Serviceable
Obtainable Market
(SOM)
potential by adding more
features to SaaS tool
and create more legs to
Market size of Market
size ofsize of benefit the businesses
Market $2 Billion
Global Professional Global
Online Professional
Outsourcing of
Professional Services
Services Services
$1070 B
Estimated Market size of
IT Consulting
10X Value Proposition
For Service Provider
Increase in Online Find more clients through Get Online Ratings & Single interface solution
Visibility of their discovery search and reviews through the to work with clients
business. grow their business. clients & projects. efficiently through
inbuilt collaboration tool.
For Clients
Get access to pool of Check real time More competitive pricing SaaS tool will be used to
professional service review & ratings before and need based transparently monitor the
providers. working with the service provider search will be possible. entire service delivery
Why now
ODWORKS USP
Marketplace
with SaaS Tool DISCOVERY
to expand footprints of small/mid size
More Marketplace
PROJECT MANAGEMENT
to work efficiently with the help of
inbuilt project management tool where
they can work, share, transact and
More Network archive their project history.
Business Model Canvas
Key partners Value proposition For Clients
(Who will help? Include key (What does marketplace do? How is it unique?)
Partners and suppliers) For Service Providing Companies: -Get access to a professional service provider companies.
-Service Provider Companies -Find more opportunity to grow their business -Get access to verified reviews and ratings of the service
-Clients who are taking services -Increase Reach through Digital Presence of their business providers through their clients.
-Real Time rating & Reviews of Clients -Single interface solution to work with service Providers
-Single Interface solution to work efficiently efficiently through inbuilt collaboration tool.
through inbuilt collaboration tool - More competitive pricing and need based
search will be possible.
SERVICE SERVICE
FIND CONNECT WORK PAY
SEEKER Find the best
PROVIDER
Connect and get the Get your work Pay the agreed amount
service provider with verified best competitive quote done efficiently through as per accomplishment
ratings and reviews for your project inbuilt SaaS tool achieved
Revenue Model
Client pays Service Provider pays Service Provider pays Service Provider pays
Basic Premium Enterprise
Subscription Model No Fees $29/mo $49/mo $69/mo
Subscription Charges Subscription Charges Subscription Charges
Transaction Model 5% 3% 2%
Transaction Charges Transaction Charges Transaction Charges
Where we are today
VERSION 1.0
DELIVERABLES
VERSION 1.1
MILESTONES
KEYQA
DATES COLLABORATION TOOL
VARIANCE TESTING METRICS
TESTING
TESTING SYSTEM & APP FRONT END
WEB APPLICATION ENVIRONMENT SETUP & FRONT END PROTOTYPE
ADMIN BACK-END
DESIGN
STRATEGY
BLOG & SEO LAUNCH PAID MEDIA ADWORDS CAMPAIGN
Projections
Year 1 2 3 4
MOM Growth Rate (AOP) 57.50% 24.89% 12.80% 12.01%
Active Members (EOP) 9,299 128,905 545,315 2,122,137
Revenue/User/month (EOP) 5.50 7.56 9.68 9.90
Monthly Revenue ($) (EOP) $12,657 $243,606 $1,667,980 $6,993,879
Revenue ($) $36,396 $1,329,351 $9,711,636 $50,297,398
Transaction Fee Revenue (Average transaction
$500/user/month) $0 $27,067 $219,811 $1,059,679