Business Description:Customers are constantly in need of services and it's a challenge finding & procuring quality services & providers, given the logistics involved. On the flip side, service providers face barriers in marketing their offerings to the right set of consumers.
Our goal at OrderMonger.com is to connect these two entities such that customers are easily able to find and procure what they need, and businesses are able to focus on their core competencies and offer the right solutions to the right set of customers.
Our goal is to build a platform that enables the transactions between consumers and service-providers to happen seamlessly and make life simpler on both sides. We also aim to provide small businesses with a medium to achieve an online presence, giving them the ability to market their offerings and reach out to a global audience without losing sight of their core strengths.
Industry:Retail/ Consumer-based
Founded in:2006
Source of idea:Wanted it as an individual customer
Significant Competitors:Yahoo Small Business, IndiaMart, ilaka.in, Just Dial, Dial-a-Meal, Hungryzone, Any online florist
Company Details :
Company Name:OrderMonger
HeadQuarters:Hyderabad
Stage of the company:Several customers or locations
No of Employees (2006):6-15
No of Employees (2007):6-15
Office Locations(2006):2-5
Office Locations(2007):2-5
No of companies promoted:No
Profits (2006):losing money
Profits (2007):losing money
>Partnerships:
Initial Funding:Angel investors
Addl Funding:Personal savings
Institutitional Capital:No
Revneue Model:- Charging a transactional fee from service providers based on the business value we bring them.
- Charging fees from customers for delivery services.
- Deeper investment in flowers implies greater operating margins.
- Contract agreements with Corporate customers for employee morale services, flower d?r, etc.
- Manage Corporate relationships for Service providers because that is not their core strength, but is something that fits well with our core competencies.
- Monetization via ads - high-interest audience that is city/location specific.
Awards & honors:
Promoters Details :
Promoters Name(s):Krishna Natarajan
Age:46
HomeTown:Chennai
Education:Bachelors
No of companies promoted:No
Family Background:First gen entrepreneur
Job:Product Unit Manager at Microsoft Corporation
Ex-Job Description:Office Business Applications
Favorite Book/Movie:Fugitive
