sahie

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sahie

  1. 1. Sahie !!! Read, Share, Select and Save the most interesting stuff on the web. -Ashish Sharma and Vivek Iyer (IIM Indore)
  2. 2. Idea! <ul><li>To start a social book marking site targeted at Indian audience </li></ul><ul><li>Concept already popular in US, but still not much popular in India mainly because Indian users are not yet propely targeted </li></ul><ul><li>Situation same as that existed in social networking scenario 3 years back. Though www.myspace.com was popular in US, it was not that popular in India. Orkut targeted India and was successful </li></ul>
  3. 3. Our offering to users <ul><li>Read cool and interesting stories which other peoples are voting for plus recommend stories by your friends and us. </li></ul><ul><li>Discover like minded peoples online who are sharing and liking stories of your interest </li></ul><ul><li>Share stories you have liked with your friends and millions of other users of our community. </li></ul><ul><li>Rate , discuss and comment upon stories you like </li></ul><ul><li>Save all your favorite links and bookmarks online at one place, so that you have access to them anytime, anywhere. </li></ul>
  4. 4. Saving bookmarks online <ul><li>A very useful concept, sole reason for del.icio.us popularity </li></ul><ul><li>Anytime, anywhere access </li></ul><ul><li>Any number of links can be saved </li></ul><ul><li>Easier to save and find links by tagging them </li></ul><ul><li>Easier to share bookmarks with friends, colleagues, students etc. Since they are already online we just have to direct our friends there </li></ul>
  5. 5. Differentiators and Advantage Sahie !!! <ul><li>Indian content </li></ul><ul><li>First and Fast mover in India </li></ul><ul><li>If you like to discover peoples with similar interest to meet them one day, it makes more sense to discover Indians </li></ul><ul><li>Communities like Government/RTI would be serving Indian users by providing knowledge </li></ul>
  6. 6. Defense <ul><li>Once user have saved their favorite links/bookmarks on our site they would be reluctant to again upload them on any other site </li></ul><ul><li>User loyality has been found to be high in case of social bookmarking sites </li></ul><ul><li>Once you submit links, people who likes those links starts tracking your post and you feel good about it. If you shift, it wouldn’t be possible </li></ul>
  7. 7. Defense (Cont.) <ul><li>As time progress our site would be having more daily visitors. It makes sense to post on site with high viewership </li></ul><ul><li>Finally, unlike in case of social networking, many social bookmarking sites are found to co exist. For example, www.myspace.com has 90% social networking share in US. While social book marking sites like digg.com del.icio.us and reddit are all closely competing. Therefore we can exist even with others. </li></ul>
  8. 8. Defense against Orkut <ul><li>Orkut can be a big competitor to us if it allows link sharing like it is allowing video link on profiles at present. But there are chances orkut won’t do it and we would be able to deal with it </li></ul><ul><ul><li>Orkut being a popular site is at higher risks if it starts something and that thing fails </li></ul></ul><ul><ul><li>Orkut has a lot of brazilian population. So a common page like digg.com is not possible because of difference in language </li></ul></ul><ul><ul><li>Orkut has a bookmarks section, but it is used to book mark interesting profiles and not the links </li></ul></ul>
  9. 9. Defense against Orkut <ul><ul><li>We will also start private and public messaging like orkut scraps. It would help people contact with others of similar interest. </li></ul></ul><ul><ul><li>The product offering of orkut has to be different </li></ul></ul><ul><ul><li>We are really moving very fast and would surely capture the first mover advantage </li></ul></ul>
  10. 10. Marketing <ul><li>Initial target Group: 16-29 age group </li></ul><ul><li>Viral Marketing </li></ul><ul><li>‘ The Most Popular Stuff on the Net’ contest </li></ul><ul><li>Target bloggers + IITs, NITs, IIMs students </li></ul><ul><li>Messages on Orkut and Yahoo Groups </li></ul><ul><li>Press and media hype </li></ul><ul><li>Submit to Sahie.com button like digg it button on blogs and other websites </li></ul>
  11. 11. No. of users <ul><li>2,00,000 daily visitors at the end of first year </li></ul><ul><li>10,00,000 daily visitors on an average for second year </li></ul>
  12. 12. Financials <ul><li>First year </li></ul><ul><ul><li>Costs = Rs. 557200(excluding website & sahie trademark) </li></ul></ul><ul><ul><li>Total advertisement revenue = Rs. 3,59,912 </li></ul></ul><ul><li>Second year </li></ul><ul><ul><li>Costs = server and website maintenance and development (require help from impetus to estimate it) </li></ul></ul><ul><ul><li>Revenue from advertisements = Rs 1.095 crores </li></ul></ul>
  13. 13. Additional Revenue sources <ul><li>Online classifieds </li></ul><ul><ul><li>Was Rs. 250 crore market in 2006 </li></ul></ul><ul><ul><li>Growing 100% YoY </li></ul></ul><ul><ul><li>Our advantage, low cost because of less need of advertising </li></ul></ul><ul><li>Online Games </li></ul><ul><ul><li>Estimated to cross Rs. 900 crores by 2010 </li></ul></ul><ul><ul><li>We can include paid games </li></ul></ul><ul><ul><li>We can also charge fee for the games which can be downloaded on mobiles </li></ul></ul>
  14. 14. Additional Reason for higher Valuation <ul><li>Big online players who desperately want to increase their dominance in growing online industry of India would like to have our user base </li></ul>
  15. 15. Exit Options <ul><li>Short term: Sell to big players like yahoo, msn, google who would be willing to pay good price </li></ul><ul><li>Long term: Continue as an independent, self sufficient and profitable portal. Go for IPO. </li></ul>

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