Octo is a digital platform designed to manage your community more effectively. It produces insights supported by artificial intelligence using the opportunities provided by new generation technologies.
Current Status
We have 35 customers right now and we are on PoC process with 20 customers.
Market
We have two main segments, B2B and B2C. B2B is also divided into 4 for itself: NGOs, companies, public institutions and educational institutions. Since the public is a difficult part, we are currently giving our efforts to NGOs and companies. Especially on the NGO side, sales are closing faster. On the companies side, we have worked more B2B oriented until now, but we will target B2C after the investment.
Problem or Opportunity
Communication and interaction problems among communities are the biggest obstacle to the emergence of community power. A community management strategy is essential for keeping a community together. Especially managing large communities is no longer possible with tools such as Facebook and Whatapp produced for individual purposes. We offer a private social media experience that is produced for corporate purposes, that can be personalized, that you own your own data.
Solution (product or service)
We allow communities to come together digitally as well as physically, exchange ideas and communicate with community members whenever they want. We provide branded Android and iOS mobile applications. They also have a web version of their platform.
Competitors
Lumapps, Mighty Networks, Hivebrite
Advantages or differentiators
Sometimes we do market differentiation and sometimes product differentiation. For example, we allow our customers to have the features that our competitors "Contact us" on their websites directly from the our website. We offer more customization features than our competitors. We offer management hierarchy both vertically and horizontally.
Finance
Revenue Stream Subscription model Marketplace Sales Transaction fee for payments Revenue Sharing Model for Advertising On Premise and Consultancy
We work in the SaaS model and we charge monthly usage fees from our customers. In addition, we generate revenue from customers who want on-premise installation, integration or different services, based on man/day costs. We are able to generate income from customers who want integration to their platforms through our marketplace system. We can place advertisements on the platform and share advertising revenue with our customers. We can receive commissions from payments made within the platform.