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Proposed
Growth
Strategies for
buyers and
sellers
BY
OLUWAKEMI OGUNBAMERU
Made to Terawork
Target: December 2020
Outline
1. Awareness
2. Security
3. Success Management and Support
4. Recruiting Specialist and conducting background checks
5. Relationship with the Startup community
Awareness
 Awareness is the consciousness of something.
 Research says 65% of ecommerce budget is spent on advertisement.
 The Big Brother strategy.
We build awareness through:
1. Advertisement:
a. Social media e.g. Facebook. Search engine optimization. Twitter. Instagram.
YouTube. LinkedIn. Tiktok
b. Influencers: consult with an advertising agency on best approach.
 Benefits: Maximum reach, meet with target group where they operate.
Security
 Digital market place with high susceptibility to cyber fraud
 Highlight transactions as fraudulent
 Card Details and Personal details
Success Management and Support
 Taking them on a journey. Sellers also get support from the platform on managing their
services, for instance with tools to track their performance over time.
 Free Webinars; Trainings for Freelancers. Other benefits.
 Discount and referral codes
 Tracking growth: Reviews are important and follow up on getting reviews, ratings,
feedbacks, survey
 Benefits: improve on skills and reach to more people
Recruiting Specialist and conducting background
checks
 Submitting Relevant Certifications in Their field of expertise
 Authentication of previous jobs
 The company is only as good as the people working there/quality has to be topnotch
 OLX story- no proper background checks, Free lancer
Relationship with the Startup community
 Buyers and sellers exist in startup communities.
 A relationship ensures constant influx of both groups into Terawork .
 dispute resolution, and customer service to enable repeat purchases on the platform.
Benefit
Maintains current clients while adding new clients which leads to expansion.

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Growth Strategies Presentation

  • 1. Proposed Growth Strategies for buyers and sellers BY OLUWAKEMI OGUNBAMERU Made to Terawork Target: December 2020
  • 2. Outline 1. Awareness 2. Security 3. Success Management and Support 4. Recruiting Specialist and conducting background checks 5. Relationship with the Startup community
  • 3. Awareness  Awareness is the consciousness of something.  Research says 65% of ecommerce budget is spent on advertisement.  The Big Brother strategy. We build awareness through: 1. Advertisement: a. Social media e.g. Facebook. Search engine optimization. Twitter. Instagram. YouTube. LinkedIn. Tiktok b. Influencers: consult with an advertising agency on best approach.  Benefits: Maximum reach, meet with target group where they operate.
  • 4. Security  Digital market place with high susceptibility to cyber fraud  Highlight transactions as fraudulent  Card Details and Personal details
  • 5. Success Management and Support  Taking them on a journey. Sellers also get support from the platform on managing their services, for instance with tools to track their performance over time.  Free Webinars; Trainings for Freelancers. Other benefits.  Discount and referral codes  Tracking growth: Reviews are important and follow up on getting reviews, ratings, feedbacks, survey  Benefits: improve on skills and reach to more people
  • 6. Recruiting Specialist and conducting background checks  Submitting Relevant Certifications in Their field of expertise  Authentication of previous jobs  The company is only as good as the people working there/quality has to be topnotch  OLX story- no proper background checks, Free lancer
  • 7. Relationship with the Startup community  Buyers and sellers exist in startup communities.  A relationship ensures constant influx of both groups into Terawork .  dispute resolution, and customer service to enable repeat purchases on the platform. Benefit Maintains current clients while adding new clients which leads to expansion.