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Business Plan for a online marketplace for Dental Products and Services
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FOCUSDENTAL
a presentation by Dr. Rupali Gore
Entrepreneur and founder
a presentation by Dr. Rupali Gore
Entrepreneur and founder
What is FocusDental ?
FocusDental's featured product is an Internet website Focusdental.in .
Focusdental.in provides various value based services to its users -
● practicing dentists, fresh dental graduates, students of dentistry.
● dental products suppliers & service providers.
● dental educational institutions, associations & organizations.
Value based services- Dentists
Practising Dentists :Expand/ grow practice
● Convenient platform to purchase Consumables
● Connect private practioners with specialists for visiting practice
● Reach out to prospective overseas patients looking for treatment at competitive costs
Value based services- Dentists
Knowledge upgrade:Continuing Dental Education (CDE)
● Platform for course availability
● On-line modules - Web cast
Value based services- Dentists
Fresh pass out Dentists :Internship opportunity; Establish set up
● Need for hands on experience at established practioners
● Connect vendors and support professionals to set up clinic
● Online guidance from Sr practitioners/specialists
Background
For a dentist, buying the right dental product is a time-intensive process.
No effective medium for dental products suppliers/service providers to reach out.
Focusdental.in aims to fill this gap and create a win-win situation for everybody
Dentists/Students looking for information on new courses, technologies. Education institutions searching for the right medium to advertise their courses.
Fresh dental graduates are not well aware of how to start a new clinic.
How will it work ?
Users are invited to join Focusdental.in as members to be able to use valuable, customized services.
As members, dental products suppliers/service providers get an opportunity to list and display products.
Dentists receive access to up-to-the minute information on dental products & services available and can send enquiries to suppliers.
How will it work ?
Companies display job opportunities and Dental graduates can apply online.
Educational institutions advertise details of various courses and receive enquiries.
Other sections –
● Starting a Clinic● Dental Forum● Dental News● Dental Event Calendar● Articles● Message Board
Focusdental.in aims to become a valuable & trusted resource to the dental community.
Change Agent
Organised Internet Platform for the Dental Community.
The market is more efficient and responsive.
Dental Networking.
Reach
Profile Population
Dentists 1,00,000
Dental Schools 216
Fresh Dental Graduates (pa)
16,000
Students 48,000
Private Institutes imparting Cont dental Education
1,000
Products Suppliers 500+
Rs. 500 Cr. worth Dental Equipment & Products purchased last year in India.
Market growing @ 10% per annum
Service providers Dental Labs, Software, Websites, Finance Companies, Architects, Banks targetting the Dental Fraternity
Access to Manufacturers & Oral Health Care Market
Item Market esti. Rs Crore
Oral Health Care Product Market : Colgate, P & G,
4,000
Dental Product Manufacturers : 3M, Dentsply, Ivoclar, Prime Dental etc
200
Rs. 4,000 Cr. worth OralHealth Care Productspurchased last year in India.
Market growing @ 15% per annum Source:….
Why Dental Tourism opportunity exists ?
Need
● Treatments not covered by insurance
● Skills and equipment on par
● Lower costs
For e.g. Implants, Root Canal Treatment, Crown & Bridge work, Cosmetic DentalTreatment
Business Plan – Road Map
….. Brand extension to expand platform to other medical practices
Road map Investment
Phase-1 80,000
Market place; job search; querries; information desimination
Phase -2 16,000
Expand platform for txns – e commerce
Phase-3 1,000
Expand platform to connect practioners/ overseas patients
Total 1,46,700
Total Investment Rs …. Crore
Business Plan – Revenue
To be Estimated …
Advertising Dealers/ Manufacturerseg Dentsply
Education institutions – India/ Abroad eg pvt. Colleges, NYSE
Oral health care product companieseg Colgate, HUL,P&G
Other businesses targeting dentists eg Financial services, print media,
journals
Business Plan – Revenue
Dental Product Market : Rs 500 Cr+:Equipment , Consumables etc
• Enrollment / Subscription fee from dealers, dentists
E-commerce – txn fees 1-2% consumables market
Reaching out Medium
Internet
● Natural Search Engine Optimisation
● Adwords Campaigns
● Email Campaigns - Creating the Buzz
● Hot Links
Reaching out Medium
Print Advertising in various key dental magazines
Participation in Exhibitions & Trade Shows
Sponsorship of Events
Field Marketing & Road Shows
Advertising - Advantage Focusdental
The Only website for dentists offering a full and wide range of services for all dental needs.
A unique interactive platform enabled through features such as Dental Forum, Message Board, Dental Jobs, Product Reviews etc.
A rich and credible source of information for Dentists on the latest dental products, CDE's, dental news & events, articles.
Advertising - Advantage Focusdental
Unique Branding Opportunity.
Effective for new product launches.
Serve product promotional advertisements through a weekly e-newsletter.
Conduct online surveys for products.
Can be used by companies as a medium of direct interaction with Dentists.
Team - Current
Dr. Rupali Gore is the founder and CEO of FocusDental.
Mr Ashok Datar is the Senior Adviser & Consultant.
EchoFeel is the Software Development Partner.
Resource Requirement
Manpower
Head Sales and Business Development
Admin. And accounts Support
Marketing and communication
Infrastructure
Office space – 200 sq feet3 computers, printer etc
Architecture
Developed on a strong 3 tier architecture on the .Net platform.
The Backend is Microsoft SQL Server.
Hosted on a secure RAID1 Windows 2003 Server ensuring 99.99% uptime.
THANK YOU
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