99 designs

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Post on 11-Nov-2014

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99 Designs

Nicolas Schock – MBA – IEMI

Description

99 Designs is an Internet Platform bringing together Webdesigners and people looking for low budget designs. The design categories are:

Logos

Blogs

Print

Graphics

Merchandises – s.a. T-Shirts

How it works:

Customers looking for a design, only need to follow a few steps:

- Sing in

- Give a small brief about their design (Each challenge posted costs about 40$)

- Set a budget

- Launch the project

On the other side, webdesigners can respond to the customers briefing and offer them different designs at different prices.

Afterwards the customer can choose within 7 days the one that suits him the most.

What problem does it solve

…for the customer

Cheaper

Faster

Larger choice

Diverse layouts

Internationally inspired creativity

Reach designers easily

What problem does it solve

…for the designer

Easy to reach design missions

Easy networking solutions for the designers

Free access means free publicity

Get jobs only Agencies normally get

There may be access to a permanant job

International Clients

No financial risks

No boarder limitations

What problem does it solve

…for the owner

Gets money for each mission posted by a customer

Gets a lot of recognition for starting this project (reviews in major newspapers )

Lower costs (eg. Rent)

Everyone and every company, whether its size, can post a design challenge on the 99designs website by paying the 40$ fee, that represents the only revenue source of the website so far.

Competitors

I haven’t found any real competitors. Most of alike websites hire freelance designers, who can help them find a solution to the design challenge. They mostly design only websites.

Business Model used

Brokerage

Community – Networking and interaction

Manufactoring

Offline???

This business model cannot apply offline, since it is based on the online interaction in order to have a bigger and a more international spread and lower fees.

It is thanks to the Internet, that this e-business has such a big success. Offline there would be constrains such as: rent, time, boarders, other financial charges for both parties

Sustainable

YES !

Development of the business model

Due to the increase of the web media, people and companies are looking for better solutions

Web agencies are expensive

Stretch the business

Online webdesign classes

Expand the design fields to whole advertising campaigns

Other design possibilities: Architecture and interior design

Sell design programs (or even develop one that is easy to use)

Offer premuim services (Designer working more directly with the customer, if customers are looking for a more permanent designer in order to keep the designs fluid in time)

Create open websites, that can be downloaded several times, that are ready to use

Design of online games, softwares and webmaterial such as iPhone apllications

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