focus dental business plan

23
FOCUSDENTAL a presentation by Dr. Rupali Gore Entrepreneur and founder

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Business Plan for a online marketplace for Dental Products and Services

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Page 1: Focus Dental Business Plan

FOCUSDENTAL

a presentation by Dr. Rupali Gore

Entrepreneur and founder

a presentation by Dr. Rupali Gore

Entrepreneur and founder

Page 2: Focus Dental Business Plan

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.

Page 3: Focus Dental Business Plan

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

Page 4: Focus Dental Business Plan

Value based services- Dentists

Knowledge upgrade:Continuing Dental Education (CDE)

● Platform for course availability

● On-line modules - Web cast

Page 5: Focus Dental Business Plan

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

Page 6: Focus Dental Business Plan

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.

Page 7: Focus Dental Business Plan

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.

Page 8: Focus Dental Business Plan

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.

Page 9: Focus Dental Business Plan

Change Agent

Organised Internet Platform for the Dental Community.

The market is more efficient and responsive.

Dental Networking.

Page 10: Focus Dental Business Plan

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

Page 11: Focus Dental Business Plan

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:….

Page 12: Focus Dental Business Plan

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

Page 13: Focus Dental Business Plan

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

Page 14: Focus Dental Business Plan

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

Page 15: Focus Dental Business Plan

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

Page 16: Focus Dental Business Plan

Reaching out Medium

Internet

● Natural Search Engine Optimisation

● Adwords Campaigns

● Email Campaigns - Creating the Buzz

● Hot Links

Page 17: Focus Dental Business Plan

Reaching out Medium

Print Advertising in various key dental magazines

Participation in Exhibitions & Trade Shows

Sponsorship of Events

Field Marketing & Road Shows

Page 18: Focus Dental Business Plan

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.

Page 19: Focus Dental Business Plan

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.

Page 20: Focus Dental Business Plan

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.

Page 21: Focus Dental Business Plan

Resource Requirement

Manpower

Head Sales and Business Development

Admin. And accounts Support

Marketing and communication

Infrastructure

Office space – 200 sq feet3 computers, printer etc

Page 22: Focus Dental Business Plan

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.

Page 23: Focus Dental Business Plan

THANK YOU