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BIG
BIG
Meet the team
Kati Hyvönen Project manager, ’the Lion’
Asta Lindström Design manager, ’the Leopard’
Olli Rapanen Marketing manager, ’the Elephant’
Sonja Uotila Sales manager, ’the Rhino’
Veli-Matti Vikman Technical manager, ’the Buffalo’
”Gain 24 Online new customers and value through new marketing tool using social medias.”
Big5 - Steering group presentation
BIG
Strengths•Innovativeness•Past experiences•Enthusiasm•Team spirit
Weaknesses•Technical knowledge•No cultural differences
Opportunities•New field of work•No financial pressure•Gain experiences
Threats•Schedule•Too high expectations•Resources
Big5 - Steering group presentation
Big5 SWOT
BIG
Solution:
• BUZZ!• Killer App!
Mind map
Big5 - Steering group presentation
Target market
Helsinki area
Students
& small
households
Broadband retailer
•Private•Housing•Companies
Customers
Problems:• Lack of marketing• Lack of Customers• Unknown to users
Campaigns:• Network marketing• Social media• Universities
RunToSho
p’s
campaign
tool
E.g. Metropolia
BIG
Business ideas
Big5 - Steering group presentation
”Cheapest and most reliable prices for households”
”A highly recommended and reliable broadband with low prices – come and get your own!”
BIG
Application ideas
Big5 - Steering group presentation
Games Video interviews Chatrooms RECOMMEND-button competition
BIG
Long-term plan
Big5 - Steering group presentation
Research Analysis Designing the application Testing Sales & Marketing
BIG
TODO-list
Big5 - Steering group presentation
Network marketing research Customer segment analysis Competitor research / analysis Developing business idea Developing marketing app Fixing wiki + Google docs etc.
BIG
Questions
Big5 - Steering group presentation
Cash flow? Technical support / details? Focus on marketing and slogans or
technical app. Amount of current customers
And how’s it been growing
BIG
Anything else?
Big5 - Steering group presentation
BIG
Competitor intelligence 11.9.
Big5 - Steering group presentation
Retailer Speed Normal price/month
Possible opening fee
Expenses/year
Sale price/month Sale opening fee
Sale expenses/year Else
24 online 2M 28 € 39 € 375 € 8,25 € 1st year 99 € 198 € 1st year when utilizing the sale, have to commit for 24 months
13,90 € 2nd year 166,80 € 2nd year
Elisa 2M 26,90 € 78,64 € 401,44 €
Sonera 8M 29,90 € 130,06 € 488,86 € same than normally 0 € 358,80 €
Saunalahti 2M 23,90 € 286,80 € 9,90 € 1st year 118,80 € 1st year Normally contract for 18 months, when utilizing the sale it's 24 months
sale for 8M
19,90 € 2nd year 238,80 € 2nd year
GoHome 2M 33,90 € 150 € 557 €
LanWorldFinland
2M 29,90 € 59 € 418 € same than normally 0 € 359 €
MaxiNetti 2M 31,90 € 382,80 €
Nebula 3M 36,90 € 48 € 491 € 39,90 € 48 € 527 € contract for 12 months,
sale for 8M
when utilizing the sale it's 24 months
Welho 10M 24,90 € 30 € 329 € 19,90 € 30 € 299 €
BIG
24 Online
Big5 - Steering group presentation
Completely Finnish company Owners are Finnish investors and private
persons Established in Vallila, Finland, in 2003 Company’s activities increased in 2006
24 Online bought the old network from Saunalahti which merged with Elisa
thus making 24 Online a reasonable competitor for Helsinki metropolitan area broadband markets
BIG
Problem
Big5 - Steering group presentation
Lack of customers Lack of marketing Unknown in Finnish broadband markets
BIG
Possible solution?
Big5 - Steering group presentation
Marketing app to the web Useful slogans Creating ”Buzz” Network marketing