SlideShare a Scribd company logo
1 of 10
Download to read offline
BHARAT
MATRIMONY
CASE STUDY
Anindya Singh
PGP Rise | 2023-24
AGENDA
01
02
03
04
05
06
INTRODUCTION
SUCCESS FACTORS
EVOLUTION OF THE PLATFORM
SWOT ANALYSIS
RECOMMENDATIONS
IMPLEMENTATION CHALLENGES
1
2
CASE STUDY QUESTIONS
1. What are the reasons for Bharat Matrimony.com's success? How did the platform evolve?
Slide 4 - Sucess Factors
2. What are the core elements of a matching platform that BharatMatrimony.com could
leverage across other businesses? Why did the other services fail?
Slide 6 - SWOT Analysis, Slide 7 - Recommendations
3. What other opportunities can Bharat Matrimony.com explore given its success in
matrimony and property? Is online dating, an opportunity for Bharat Matrimony.com
Slide 7 - Recommendations
4. What are the internal strengths and weaknesses of Bharat Matrimony Matching? What
are the opportunities and threats in the macro environment - technological,
environmental, political, economic, social, demographic, etc. in which Bharat Matrimony
Matching operates in?
Slide 6 - SWOT Analysis | Slide 8 - Implementation Challenges
Pioneered internet-based B2C services in India, while Mr Janakiraman
simultaneously managed the platform alongside his job in New Jersey.
Initially targeted the Tamil-speaking community and quickly gained traction,
leading to the consolidation of 15 micro-sites by 1999.
Merged with Sify.com in 2002-03, marking a significant milestone in its journey.
Geographical expansion to Hyderabad, Delhi, and Mumbai was achieved by
2004-05, broadening its reach across India.
By 2007-2008, Bharat Matrimony had already established itself as a strong
brand in the online matrimonial services sector, becoming a trusted name in
the industry.
Founded in April 1997 by Murugavel Janakiraman, an alumnus of the University
of Madras.
INTRODUCTION
3
BharatMatrimony.com was one of the early
players in the online matrimony space in
India, giving it a first-mover advantage.
SUCCESS FACTORS
EARLY MARKET
ENTRY: Over the years, it has built a massive user
base with millions of registered profiles,
making it one of the most trusted platforms
for matrimonial matchmaking in India.
(User Base: 5 Million+ Reference Link)
BharatMatrimony.com focuses on building
trust and safety features, including KYC
verification processes and privacy
controls, to make users feel secure.
USER TRUST:
BharatMatrimony.com recognized the
diverse cultural and regional preferences in
India and offered localized services,
catering to different communities,
languages, and regions.
LOCALIZED
APPROACH:
4
EVOLUTION OF THE
PLATFORM
M Janakiraman a young programmer in New Jersey
launches a community portal for Indians living abroad
Launches Flagship brand
BharatMatrimony
The first round of funding of 8.65
Million USD from various PE
investors
The second round of 11.75 Million USD
LAUNCH 1ST FUNDING
MATRIMONY.COM 2ND FUNDING
1997 2000 2006 2008 2009
Launches “Community Matrimony”
COMMUNITY MATRIMONY
Gets listed on Stock Exchange Rolls out “MatrimonyBazaar” Launches professional wedding
photography service
Over 140 Matrimony retail outlets
across India
STOCK EXCHANGE WEDDING PHOTOGRAPHY
MATRIMONY BAZAAR MATRIMONY OUTLETS
2017 2016 2015 2011 2010
Rolls out “Assisted Matrimony”
ASSISTED MATRIMONY
2018
Ropes in former cricket captain
MS Dhoni as the brand ambassador
BRAND AMBASSADOR
5
Internal Strengths
Strong Brand: Bharat Matrimony.com enjoys a strong brand reputation and high
user trust, built over years of operation.
Advanced Technology: The platform leverages cutting-edge technology,
including AI and machine learning, for precise match recommendations.
Vast User Database: With millions of registered profiles, it possesses a
substantial user database for matchmaking.
External Opportunities
Diversification: There's a substantial opportunity for diversification into related
areas such as online dating, professional networking, or family services,
leveraging its user trust and data.
Global Expansion: Exploring markets beyond India and catering to the Indian
diaspora worldwide presents a significant growth opportunity.
Technological Advancements: Ongoing technological advancements can further
enhance matchmaking accuracy and user experience.
Internal Weaknesses
Overreliance on the Indian Market: A significant portion of the platform's user
base and revenue comes from India, posing a vulnerability to economic
fluctuations and regulatory changes in the country.
Competition from Specialized Players: Specialized competitors in various
verticals may outperform Bharat Matrimony.com in specific domains
External Threats
Changing Social Norms: Evolving social norms and preferences may impact
traditional matchmaking services, requiring adaptation.
Economic Fluctuations: Economic downturns can affect consumer spending on
premium matchmaking services.
Regulatory Changes: Changes in government regulations or data privacy laws
may pose compliance challenges and affect operations.
SWOT ANALYSIS
6
PROFESSIONAL
NETWORKING
Platform's well-established user
trust to introduce new services
Utilizing the extensive user database
to offer personalized services, targeted
advertising, and data-driven insights to
users and potential partners.
LEVERAGE EXPERTISE
Capitalize on the platform's regional
and cultural expertise to create
customized offerings for specific
communities and markets.
Refining matchmaking algorithms to
enhance user satisfaction and
accuracy.
Launching an online dating
platform to cater to the evolving
preferences of a younger
demographic seeking casual
relationships.
Introduce a professional networking
platform akin to LinkedIn, using user
data to connect individuals with similar
career interests and goals.
Explore opportunities related to family
planning, parenting guidance, and
counselling services, building on the
platform's role in facilitating family
formation.
Leverage localized expertise to offer
services related to event planning, and
catering to various cultural and
religious occasions.
UTILISE USER
TRUST
HARNESS USER
DATA
ONLINE DATING
PLATFORM
FAMILY SERVICES
LOCAL SERVICES
RECOMMENDATIONS
TECHNOLOGY
LEVERAGE CORE ELEMENTS
POTENTIAL VENTURES
7
New Technology: Investment in R&D and training for
seamless technology integration.
Scaling Expertise: Targeting different regions.
(Tier 2 & 3 will be a challenge)
Market Education: Comprehensive marketing
strategies for user onboarding will be needed.
Niche Engagement: Tailored strategies for niche
audience engagement. (e.g. LGBTQA+)
Cultural Sensitivity: Maintaining cultural awareness
in services related to family and local events.
Market Saturation: Growth hacking and referral
strategies to gain an initial user base in competitive
niches.
CHALLENGES TECHNOLOGY AND EXPERTISE NICHTE MARKET
IMPLEMENTATION CHALLENGES
Data Privacy: Address user concerns about data
privacy through transparent policies.
Transferring Trust: Assure users of the platform's
commitment to quality in new ventures.
Competition: Develop Unique Selling Points to
compete effectively.
Data Privacy Regulations: The Government may come up
with evolving data privacy regulations.
Market-Specific Regulations: Research and adapt services to
meet market-specific regulations.
Legal Challenges: Established procedures for conflict
resolution and risk mitigation will be required
REGULATORY CHALLENGES
8
THANK YOU!
WEEKLY
CASE
anindya.singh@mastersunion.org
Anindya Singh
REFERENCES:
https://www.slideshare.net/aryan9030/bharatmatrimony
https://www.scribd.com/document/269010534/Bharat-Matrimony-Case-Study
Case Slide

More Related Content

Similar to Bharat Matrimony - Case Study | Success Factors | SWOT

WWW.SOFTSOP.COM PITCH DECK PRESENTATION.PDF
WWW.SOFTSOP.COM PITCH DECK PRESENTATION.PDFWWW.SOFTSOP.COM PITCH DECK PRESENTATION.PDF
WWW.SOFTSOP.COM PITCH DECK PRESENTATION.PDFMichael Claudio
 
14 dec ellen jessett cais presentation
14 dec ellen jessett cais presentation14 dec ellen jessett cais presentation
14 dec ellen jessett cais presentationSocitm
 
Digital marketing strategies for bharat matrimony
Digital marketing strategies for bharat matrimonyDigital marketing strategies for bharat matrimony
Digital marketing strategies for bharat matrimonyAshish Singh
 
Yahoo! Business Case Analysis Essay
Yahoo! Business Case Analysis EssayYahoo! Business Case Analysis Essay
Yahoo! Business Case Analysis EssayMonica Rivera
 
Analogue to Digital: Organisation wide adoption of Digital
Analogue to Digital: Organisation wide adoption of DigitalAnalogue to Digital: Organisation wide adoption of Digital
Analogue to Digital: Organisation wide adoption of DigitalColin Yeung
 
Marketing Strategies of Dating Apps in India
Marketing  Strategies of Dating Apps in IndiaMarketing  Strategies of Dating Apps in India
Marketing Strategies of Dating Apps in IndiaTejas Jadhav
 
Distribution Channel Portal Best Practices in Insurance Companies
Distribution Channel Portal Best Practices in Insurance CompaniesDistribution Channel Portal Best Practices in Insurance Companies
Distribution Channel Portal Best Practices in Insurance Companiesedynamic
 
Community Systems Digital Economic Development Summit 3.0
Community Systems Digital Economic Development Summit 3.0Community Systems Digital Economic Development Summit 3.0
Community Systems Digital Economic Development Summit 3.0Ben Wright
 
Sample Business Plan.pptx
Sample Business Plan.pptxSample Business Plan.pptx
Sample Business Plan.pptxVCPani
 
DEMOgala 2010: OpenID and OAuth, Technologies to increase customer engagement
DEMOgala 2010: OpenID and OAuth, Technologies to increase customer engagementDEMOgala 2010: OpenID and OAuth, Technologies to increase customer engagement
DEMOgala 2010: OpenID and OAuth, Technologies to increase customer engagementMatterport
 
Social_network_vgsom
Social_network_vgsomSocial_network_vgsom
Social_network_vgsomsiddharthaleo
 
Social networking PPT
Social networking PPTSocial networking PPT
Social networking PPTvarun0912
 
Community Systems Digital Economic Development University Orientation Feb 24 15
Community Systems Digital Economic Development University Orientation Feb 24 15Community Systems Digital Economic Development University Orientation Feb 24 15
Community Systems Digital Economic Development University Orientation Feb 24 15Ben Wright
 
Digital Marketing & Social Media Opportunities - Japan
Digital Marketing & Social Media Opportunities - JapanDigital Marketing & Social Media Opportunities - Japan
Digital Marketing & Social Media Opportunities - JapanAshley Spilak
 
MBA MARKETING SUMMER INTERNSHIP REPORT.pdf
MBA MARKETING SUMMER INTERNSHIP REPORT.pdfMBA MARKETING SUMMER INTERNSHIP REPORT.pdf
MBA MARKETING SUMMER INTERNSHIP REPORT.pdfshyamalaraviteja143
 
IRJET- Social Media Marketing
IRJET- Social Media MarketingIRJET- Social Media Marketing
IRJET- Social Media MarketingIRJET Journal
 
Group 2 Marketing Presentation for market study
Group 2 Marketing Presentation for market studyGroup 2 Marketing Presentation for market study
Group 2 Marketing Presentation for market studyRahatulAshafeen
 
Bot Services Market by Product Type, Distribution Channel, End User 2023-2028
Bot Services Market by Product Type, Distribution Channel, End User 2023-2028Bot Services Market by Product Type, Distribution Channel, End User 2023-2028
Bot Services Market by Product Type, Distribution Channel, End User 2023-2028IMARC Group
 
4 digital marketing research paper hari masterpiece
4 digital marketing  research paper hari masterpiece 4 digital marketing  research paper hari masterpiece
4 digital marketing research paper hari masterpiece HariMasterpiece
 
Digital Marketing
Digital MarketingDigital Marketing
Digital Marketingtalees
 

Similar to Bharat Matrimony - Case Study | Success Factors | SWOT (20)

WWW.SOFTSOP.COM PITCH DECK PRESENTATION.PDF
WWW.SOFTSOP.COM PITCH DECK PRESENTATION.PDFWWW.SOFTSOP.COM PITCH DECK PRESENTATION.PDF
WWW.SOFTSOP.COM PITCH DECK PRESENTATION.PDF
 
14 dec ellen jessett cais presentation
14 dec ellen jessett cais presentation14 dec ellen jessett cais presentation
14 dec ellen jessett cais presentation
 
Digital marketing strategies for bharat matrimony
Digital marketing strategies for bharat matrimonyDigital marketing strategies for bharat matrimony
Digital marketing strategies for bharat matrimony
 
Yahoo! Business Case Analysis Essay
Yahoo! Business Case Analysis EssayYahoo! Business Case Analysis Essay
Yahoo! Business Case Analysis Essay
 
Analogue to Digital: Organisation wide adoption of Digital
Analogue to Digital: Organisation wide adoption of DigitalAnalogue to Digital: Organisation wide adoption of Digital
Analogue to Digital: Organisation wide adoption of Digital
 
Marketing Strategies of Dating Apps in India
Marketing  Strategies of Dating Apps in IndiaMarketing  Strategies of Dating Apps in India
Marketing Strategies of Dating Apps in India
 
Distribution Channel Portal Best Practices in Insurance Companies
Distribution Channel Portal Best Practices in Insurance CompaniesDistribution Channel Portal Best Practices in Insurance Companies
Distribution Channel Portal Best Practices in Insurance Companies
 
Community Systems Digital Economic Development Summit 3.0
Community Systems Digital Economic Development Summit 3.0Community Systems Digital Economic Development Summit 3.0
Community Systems Digital Economic Development Summit 3.0
 
Sample Business Plan.pptx
Sample Business Plan.pptxSample Business Plan.pptx
Sample Business Plan.pptx
 
DEMOgala 2010: OpenID and OAuth, Technologies to increase customer engagement
DEMOgala 2010: OpenID and OAuth, Technologies to increase customer engagementDEMOgala 2010: OpenID and OAuth, Technologies to increase customer engagement
DEMOgala 2010: OpenID and OAuth, Technologies to increase customer engagement
 
Social_network_vgsom
Social_network_vgsomSocial_network_vgsom
Social_network_vgsom
 
Social networking PPT
Social networking PPTSocial networking PPT
Social networking PPT
 
Community Systems Digital Economic Development University Orientation Feb 24 15
Community Systems Digital Economic Development University Orientation Feb 24 15Community Systems Digital Economic Development University Orientation Feb 24 15
Community Systems Digital Economic Development University Orientation Feb 24 15
 
Digital Marketing & Social Media Opportunities - Japan
Digital Marketing & Social Media Opportunities - JapanDigital Marketing & Social Media Opportunities - Japan
Digital Marketing & Social Media Opportunities - Japan
 
MBA MARKETING SUMMER INTERNSHIP REPORT.pdf
MBA MARKETING SUMMER INTERNSHIP REPORT.pdfMBA MARKETING SUMMER INTERNSHIP REPORT.pdf
MBA MARKETING SUMMER INTERNSHIP REPORT.pdf
 
IRJET- Social Media Marketing
IRJET- Social Media MarketingIRJET- Social Media Marketing
IRJET- Social Media Marketing
 
Group 2 Marketing Presentation for market study
Group 2 Marketing Presentation for market studyGroup 2 Marketing Presentation for market study
Group 2 Marketing Presentation for market study
 
Bot Services Market by Product Type, Distribution Channel, End User 2023-2028
Bot Services Market by Product Type, Distribution Channel, End User 2023-2028Bot Services Market by Product Type, Distribution Channel, End User 2023-2028
Bot Services Market by Product Type, Distribution Channel, End User 2023-2028
 
4 digital marketing research paper hari masterpiece
4 digital marketing  research paper hari masterpiece 4 digital marketing  research paper hari masterpiece
4 digital marketing research paper hari masterpiece
 
Digital Marketing
Digital MarketingDigital Marketing
Digital Marketing
 

More from Anindya Singh

Adani - Case Study | Invest or Not Invest
Adani - Case Study | Invest or Not InvestAdani - Case Study | Invest or Not Invest
Adani - Case Study | Invest or Not InvestAnindya Singh
 
Paan-Wala | Case Study | New Business Model
Paan-Wala | Case Study | New Business ModelPaan-Wala | Case Study | New Business Model
Paan-Wala | Case Study | New Business ModelAnindya Singh
 
Zomato's Acquisition of Blinkit | Analysis and Recommendations
Zomato's Acquisition of Blinkit | Analysis and RecommendationsZomato's Acquisition of Blinkit | Analysis and Recommendations
Zomato's Acquisition of Blinkit | Analysis and RecommendationsAnindya Singh
 
The Whole Truth - Case Study | Mint Chocolate
The Whole Truth - Case Study | Mint ChocolateThe Whole Truth - Case Study | Mint Chocolate
The Whole Truth - Case Study | Mint ChocolateAnindya Singh
 
Success and Failures of Startup IPOs | Analysis
Success and Failures of Startup IPOs | AnalysisSuccess and Failures of Startup IPOs | Analysis
Success and Failures of Startup IPOs | AnalysisAnindya Singh
 
Meesho - Case Study | Fash Near Failure | Pivoting
Meesho - Case Study | Fash Near Failure | PivotingMeesho - Case Study | Fash Near Failure | Pivoting
Meesho - Case Study | Fash Near Failure | PivotingAnindya Singh
 
Videocon Case | Contingency Strategy | How Videocon could have been saved?
Videocon Case | Contingency Strategy | How Videocon could have been saved?Videocon Case | Contingency Strategy | How Videocon could have been saved?
Videocon Case | Contingency Strategy | How Videocon could have been saved?Anindya Singh
 
Keventers Revival | Case Study on Keventers' Business Revival
Keventers Revival | Case Study on Keventers' Business RevivalKeventers Revival | Case Study on Keventers' Business Revival
Keventers Revival | Case Study on Keventers' Business RevivalAnindya Singh
 
Training Report - Ordinance Factory Kanpur
Training Report - Ordinance Factory Kanpur Training Report - Ordinance Factory Kanpur
Training Report - Ordinance Factory Kanpur Anindya Singh
 
Airless tyres - Non pneumatic tyres
Airless tyres - Non pneumatic tyresAirless tyres - Non pneumatic tyres
Airless tyres - Non pneumatic tyresAnindya Singh
 
Allahabad - City of global repute
Allahabad - City of global reputeAllahabad - City of global repute
Allahabad - City of global reputeAnindya Singh
 
Case study - Ajhai village
Case study - Ajhai villageCase study - Ajhai village
Case study - Ajhai villageAnindya Singh
 

More from Anindya Singh (15)

Adani - Case Study | Invest or Not Invest
Adani - Case Study | Invest or Not InvestAdani - Case Study | Invest or Not Invest
Adani - Case Study | Invest or Not Invest
 
Paan-Wala | Case Study | New Business Model
Paan-Wala | Case Study | New Business ModelPaan-Wala | Case Study | New Business Model
Paan-Wala | Case Study | New Business Model
 
Zomato's Acquisition of Blinkit | Analysis and Recommendations
Zomato's Acquisition of Blinkit | Analysis and RecommendationsZomato's Acquisition of Blinkit | Analysis and Recommendations
Zomato's Acquisition of Blinkit | Analysis and Recommendations
 
The Whole Truth - Case Study | Mint Chocolate
The Whole Truth - Case Study | Mint ChocolateThe Whole Truth - Case Study | Mint Chocolate
The Whole Truth - Case Study | Mint Chocolate
 
Success and Failures of Startup IPOs | Analysis
Success and Failures of Startup IPOs | AnalysisSuccess and Failures of Startup IPOs | Analysis
Success and Failures of Startup IPOs | Analysis
 
Meesho - Case Study | Fash Near Failure | Pivoting
Meesho - Case Study | Fash Near Failure | PivotingMeesho - Case Study | Fash Near Failure | Pivoting
Meesho - Case Study | Fash Near Failure | Pivoting
 
Videocon Case | Contingency Strategy | How Videocon could have been saved?
Videocon Case | Contingency Strategy | How Videocon could have been saved?Videocon Case | Contingency Strategy | How Videocon could have been saved?
Videocon Case | Contingency Strategy | How Videocon could have been saved?
 
Keventers Revival | Case Study on Keventers' Business Revival
Keventers Revival | Case Study on Keventers' Business RevivalKeventers Revival | Case Study on Keventers' Business Revival
Keventers Revival | Case Study on Keventers' Business Revival
 
Training Report - Ordinance Factory Kanpur
Training Report - Ordinance Factory Kanpur Training Report - Ordinance Factory Kanpur
Training Report - Ordinance Factory Kanpur
 
Airless tyres - Non pneumatic tyres
Airless tyres - Non pneumatic tyresAirless tyres - Non pneumatic tyres
Airless tyres - Non pneumatic tyres
 
Crossing boundaries
Crossing boundariesCrossing boundaries
Crossing boundaries
 
Allahabad - City of global repute
Allahabad - City of global reputeAllahabad - City of global repute
Allahabad - City of global repute
 
Case study - Ajhai village
Case study - Ajhai villageCase study - Ajhai village
Case study - Ajhai village
 
Hybrid vehicles
Hybrid vehiclesHybrid vehicles
Hybrid vehicles
 
Maglev Vehicles
Maglev VehiclesMaglev Vehicles
Maglev Vehicles
 

Recently uploaded

Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailAriel592675
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...lizamodels9
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfJos Voskuil
 
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedLean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedKaiNexus
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...lizamodels9
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...lizamodels9
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis UsageNeil Kimberley
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCRashishs7044
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Servicecallgirls2057
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdfKhaled Al Awadi
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...ictsugar
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCRashishs7044
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Riya Pathan
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,noida100girls
 

Recently uploaded (20)

Case study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detailCase study on tata clothing brand zudio in detail
Case study on tata clothing brand zudio in detail
 
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
Call Girls In Connaught Place Delhi ❤️88604**77959_Russian 100% Genuine Escor...
 
Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)Japan IT Week 2024 Brochure by 47Billion (English)
Japan IT Week 2024 Brochure by 47Billion (English)
 
Digital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdfDigital Transformation in the PLM domain - distrib.pdf
Digital Transformation in the PLM domain - distrib.pdf
 
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… AbridgedLean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
Lean: From Theory to Practice — One City’s (and Library’s) Lean Story… Abridged
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
Call Girls In Sikandarpur Gurgaon ❤️8860477959_Russian 100% Genuine Escorts I...
 
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
Lowrate Call Girls In Sector 18 Noida ❤️8860477959 Escorts 100% Genuine Servi...
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage2024 Numerator Consumer Study of Cannabis Usage
2024 Numerator Consumer Study of Cannabis Usage
 
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
8447779800, Low rate Call girls in Kotla Mubarakpur Delhi NCR
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort ServiceCall US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
Call US-88OO1O2216 Call Girls In Mahipalpur Female Escort Service
 
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Old Faridabad ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdfNewBase  19 April  2024  Energy News issue - 1717 by Khaled Al Awadi.pdf
NewBase 19 April 2024 Energy News issue - 1717 by Khaled Al Awadi.pdf
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...Global Scenario On Sustainable  and Resilient Coconut Industry by Dr. Jelfina...
Global Scenario On Sustainable and Resilient Coconut Industry by Dr. Jelfina...
 
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR8447779800, Low rate Call girls in Tughlakabad Delhi NCR
8447779800, Low rate Call girls in Tughlakabad Delhi NCR
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737
 
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
BEST Call Girls In Greater Noida ✨ 9773824855 ✨ Escorts Service In Delhi Ncr,
 

Bharat Matrimony - Case Study | Success Factors | SWOT

  • 2. AGENDA 01 02 03 04 05 06 INTRODUCTION SUCCESS FACTORS EVOLUTION OF THE PLATFORM SWOT ANALYSIS RECOMMENDATIONS IMPLEMENTATION CHALLENGES 1
  • 3. 2 CASE STUDY QUESTIONS 1. What are the reasons for Bharat Matrimony.com's success? How did the platform evolve? Slide 4 - Sucess Factors 2. What are the core elements of a matching platform that BharatMatrimony.com could leverage across other businesses? Why did the other services fail? Slide 6 - SWOT Analysis, Slide 7 - Recommendations 3. What other opportunities can Bharat Matrimony.com explore given its success in matrimony and property? Is online dating, an opportunity for Bharat Matrimony.com Slide 7 - Recommendations 4. What are the internal strengths and weaknesses of Bharat Matrimony Matching? What are the opportunities and threats in the macro environment - technological, environmental, political, economic, social, demographic, etc. in which Bharat Matrimony Matching operates in? Slide 6 - SWOT Analysis | Slide 8 - Implementation Challenges
  • 4. Pioneered internet-based B2C services in India, while Mr Janakiraman simultaneously managed the platform alongside his job in New Jersey. Initially targeted the Tamil-speaking community and quickly gained traction, leading to the consolidation of 15 micro-sites by 1999. Merged with Sify.com in 2002-03, marking a significant milestone in its journey. Geographical expansion to Hyderabad, Delhi, and Mumbai was achieved by 2004-05, broadening its reach across India. By 2007-2008, Bharat Matrimony had already established itself as a strong brand in the online matrimonial services sector, becoming a trusted name in the industry. Founded in April 1997 by Murugavel Janakiraman, an alumnus of the University of Madras. INTRODUCTION 3
  • 5. BharatMatrimony.com was one of the early players in the online matrimony space in India, giving it a first-mover advantage. SUCCESS FACTORS EARLY MARKET ENTRY: Over the years, it has built a massive user base with millions of registered profiles, making it one of the most trusted platforms for matrimonial matchmaking in India. (User Base: 5 Million+ Reference Link) BharatMatrimony.com focuses on building trust and safety features, including KYC verification processes and privacy controls, to make users feel secure. USER TRUST: BharatMatrimony.com recognized the diverse cultural and regional preferences in India and offered localized services, catering to different communities, languages, and regions. LOCALIZED APPROACH: 4
  • 6. EVOLUTION OF THE PLATFORM M Janakiraman a young programmer in New Jersey launches a community portal for Indians living abroad Launches Flagship brand BharatMatrimony The first round of funding of 8.65 Million USD from various PE investors The second round of 11.75 Million USD LAUNCH 1ST FUNDING MATRIMONY.COM 2ND FUNDING 1997 2000 2006 2008 2009 Launches “Community Matrimony” COMMUNITY MATRIMONY Gets listed on Stock Exchange Rolls out “MatrimonyBazaar” Launches professional wedding photography service Over 140 Matrimony retail outlets across India STOCK EXCHANGE WEDDING PHOTOGRAPHY MATRIMONY BAZAAR MATRIMONY OUTLETS 2017 2016 2015 2011 2010 Rolls out “Assisted Matrimony” ASSISTED MATRIMONY 2018 Ropes in former cricket captain MS Dhoni as the brand ambassador BRAND AMBASSADOR 5
  • 7. Internal Strengths Strong Brand: Bharat Matrimony.com enjoys a strong brand reputation and high user trust, built over years of operation. Advanced Technology: The platform leverages cutting-edge technology, including AI and machine learning, for precise match recommendations. Vast User Database: With millions of registered profiles, it possesses a substantial user database for matchmaking. External Opportunities Diversification: There's a substantial opportunity for diversification into related areas such as online dating, professional networking, or family services, leveraging its user trust and data. Global Expansion: Exploring markets beyond India and catering to the Indian diaspora worldwide presents a significant growth opportunity. Technological Advancements: Ongoing technological advancements can further enhance matchmaking accuracy and user experience. Internal Weaknesses Overreliance on the Indian Market: A significant portion of the platform's user base and revenue comes from India, posing a vulnerability to economic fluctuations and regulatory changes in the country. Competition from Specialized Players: Specialized competitors in various verticals may outperform Bharat Matrimony.com in specific domains External Threats Changing Social Norms: Evolving social norms and preferences may impact traditional matchmaking services, requiring adaptation. Economic Fluctuations: Economic downturns can affect consumer spending on premium matchmaking services. Regulatory Changes: Changes in government regulations or data privacy laws may pose compliance challenges and affect operations. SWOT ANALYSIS 6
  • 8. PROFESSIONAL NETWORKING Platform's well-established user trust to introduce new services Utilizing the extensive user database to offer personalized services, targeted advertising, and data-driven insights to users and potential partners. LEVERAGE EXPERTISE Capitalize on the platform's regional and cultural expertise to create customized offerings for specific communities and markets. Refining matchmaking algorithms to enhance user satisfaction and accuracy. Launching an online dating platform to cater to the evolving preferences of a younger demographic seeking casual relationships. Introduce a professional networking platform akin to LinkedIn, using user data to connect individuals with similar career interests and goals. Explore opportunities related to family planning, parenting guidance, and counselling services, building on the platform's role in facilitating family formation. Leverage localized expertise to offer services related to event planning, and catering to various cultural and religious occasions. UTILISE USER TRUST HARNESS USER DATA ONLINE DATING PLATFORM FAMILY SERVICES LOCAL SERVICES RECOMMENDATIONS TECHNOLOGY LEVERAGE CORE ELEMENTS POTENTIAL VENTURES 7
  • 9. New Technology: Investment in R&D and training for seamless technology integration. Scaling Expertise: Targeting different regions. (Tier 2 & 3 will be a challenge) Market Education: Comprehensive marketing strategies for user onboarding will be needed. Niche Engagement: Tailored strategies for niche audience engagement. (e.g. LGBTQA+) Cultural Sensitivity: Maintaining cultural awareness in services related to family and local events. Market Saturation: Growth hacking and referral strategies to gain an initial user base in competitive niches. CHALLENGES TECHNOLOGY AND EXPERTISE NICHTE MARKET IMPLEMENTATION CHALLENGES Data Privacy: Address user concerns about data privacy through transparent policies. Transferring Trust: Assure users of the platform's commitment to quality in new ventures. Competition: Develop Unique Selling Points to compete effectively. Data Privacy Regulations: The Government may come up with evolving data privacy regulations. Market-Specific Regulations: Research and adapt services to meet market-specific regulations. Legal Challenges: Established procedures for conflict resolution and risk mitigation will be required REGULATORY CHALLENGES 8