I a tech startup company based in London, I would like to setup and online education platform that helps companies with website design and IT systems outsourcing or IT support
Current Status
The company is currently trading by needs to increase marketing strategy
Market
THE MARKET
With the new popular demand for companies to go digital, there’s an increase in the number of companies that require website design, database design, data integration, graphics design and flyer design. Freelance IT companies make upto £170 per hour in London.
COMPETETIVE ADVANTAGE
With a large network of IT experts and graphics designers, I can work with clients both in UK, USA and Africa but shall later show expand to the Middle East.
Problem or Opportunity
The company has been running 1 year, which makes it hard to get funding from banks or lenders, they require 2 years + running
Competitors
THE YARD CREATIVE
They were founded in 2007 in London and have between 10-49 employees, they are highly rated for quality of their designs and branding. They are rated number 1 in for graphics design according to themanifest.com. They have a total revenue of $25,000 but they only have a low rating for cost, most clients say they are expensive but over they are rated 4.8 out of 5.
BURST DIGITAL
They were founded in 2018 in London and have 2-9 employees, they have the highest rating for graphics design companies according to themanifest.com with a rating of 5 out of 5, they specialize in graphics design, web development and digital branding/ strategy. They have a total revenue of $5000+.
APPETITE CREATIVE
They are an international digital marketing agency in London with several offices in Spain and Dubai, they have a team of 25 employees and they specialize in Logo design, web design, games development and social media marketing. They have a rating of 4.7 out of 5 according to themanifest.com, they have some negative ratings for Quality, Cost but they have a revenue of $10,000+.
SEEKTHEM
they are a creative design agency in London that specialize in branding and marketing materials, they have a high rating of 5 out of 5 according to themanifest.com with no negative feedback. They have 10 employees and they focus of creative design at low prices.
Advantages or differentiators
I provide services at a 50% discounted rate for example for full web design and graphics editing I only charge £450
Loan terms
12 months
Interest rate, %
5
Solution (product or service)
The platform i want to create will allow users to login to request web design or IT support
