Mission: Our mission is to make it easier for companies and customers to exchange ideas, data and

knowledge.

Vision: Ideathon looks forward in creating Bangldeshi marketplace that is driven by consumer data,
consumer innovation and consumer insights within next five years; that will make the Bangladeshi
market an attractive place to invest in.

Competitor Analysis

Mind Sumo Hacker Rank Agorize

Sector Idea Crowd Sourcing Programming Contests Online + Offline
Competition Organizer
Country/ Region USA Global Singapore

Target Group Millennials Coders, Computer Undefined

Engineers
Market Presence in Low Medium/Average Non-existent
Bangladesh

The crowdsourcing concept in Bangladesh is in evolution phase, therefore the prospect to

advance in this segment is significantly high. Currently we do not have any local competitors.

Even though there are few international competitors who provide similar strategic facilities.

However, the good thing is that no local potential clients of our uses their services according to

our research.

We are focusing on building entry barriers for new competitors in our first year of operations.

This involves building close relationship with customers, building large user base and
At the moment we are following two pricing models.

Retainer Basis: Clients have access to our platform for one year

Retaine
One r
Time
50,000 BDT/
25% of Prize $
Per Year
Money
Host up to two cases per month
Free Social Media Promotions
Unlimited Access to
Assistance in Case Write-Up dashboard
Free Social Media Promotion
2 GHZ
CPU 8 GB
512 MB
Memory
Select
Memory
Select Plan
Plan

Primary Revenue Stream Secondary Revenue Stream

Subscription Fees Data

Subscription charges for using our site from
the users is our primary sources of Revenue.
This revenue stream is a potential source
of revenue for us. It will take almost a year to
fully utilize this stream. But our projections
believe this will be the most important and
significant revenue stream for Ideation.