Photo - Survey Lancer
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Survey Lancer

Digital survey and big data

Bangladesh
Market: Internet and IT, Telecommunications, Mobile applications
Stage of the project: Prototype or product is ready

Date of last change: 22.05.2021
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Idea

Platform to conduct survey for market research, will collect data, will give reward for participation, big data generation

Current Status

Service is ready and had a try out in the market. We have a good response. We need a good investment to approach clients.

Market

Corporates that requires market research and targeting and selling. Market is worldwide though we are operating from Bangladesh.

Problem or Opportunity

Need investment to conduct surveys and offering reward. BIG Data generation and has commercial value for sales and targeting.

Solution (product or service)

A field of applied statistics of human research surveys, survey methodology studies the sampling of individual units from a population. Conducting surveys, connecting digital networks like Telco, online news portals, FB, Tweeter etc will generate valuable data.

Competitors

Currently no such companies in Bangladesh has this type of platform.

Advantages or differentiators

Due to COVID-19, physical surveys are out of date, with movement restrictions there are only possibilities to do market research is digital surveys.

Finance

Per data sampling cost to be paid by survey requester, corporates or companies. Cost involves to conduct a survey is to onboard data science specialists, reward cost and campaign running costs. There are platform maintenance cost for data center as well.

Business model

Platform will conduct surveys digitally & online. And we will charge clients for per survey per sample. Apart from this, we will reuse these data for big data analysis for targeting and other similar purposes.

Money will be spent on

Investment will be spend on:
1. Salaries of data science experts
2. Minimum payments for panelist/surveyors.
3. Rewards for buy opinions from participants.
4. Platform maintenance cost.

Offer for investor

40% share off loading to investor or profit/revenue sharing.

Team or Management

Risks

There are some global competitors for survey platform, but we can operate locally more intensively.

Incubation/Acceleration programs accomplishment

N/A

Won the competition and other awards

N/A

Photos

Photo 1 - Digital survey and big data
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation