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Online Therapy and

Counseling service

Entrepreneurship (CS)

Hamza Murad L17-4125

Malik M. Mujtaba L17-4144

Laraib Amjad L17-4156

Sharjeel Hassan L17-4345

Raima Imran L17-4349

Noor Afzal L17-6318

07/06/2019

INTRODUCTION TO BUSINESS

Introduction

  • It is an effort to bridge the gap between therapists and the general population
  • Our platform is accessible through a mobile application as well as a website.
  • All data pertaining to the user’s sessions is kept anonymous.
  • We provide counseling for mental health issues and family therapy as well as therapy for children and young adults.

Vision

Our Vision is to establish a society where people are not afraid to ask for help regarding their mental issues, a society where it is not considered a taboo to talk about issues relating to the mental health of a person and a society where the individuals that are seeking help are not considered a disgrace

Mission

Mission

Our mission is to spread awareness and provide a safe place for people to relieve them of their disorders and mental health issues.

Values

  • Our core value is to ensure the integrity and privacy of our users data.
  • We also strive to provide licensed, trained, accredited and experienced therapists who have a Master or Doctorate Degree in their field.
  • Our team ensures that every therapist on our website/ app is licensed and qualified by cross checking their information.

Business Idea

Business

Idea

  • Plan
  • Improve
  • Measure
  • Execute
  • Evaluate

Objectives

  • Provide a safe haven where users can effectively communicate with a therapist at the comfort of their homes.
  • Eliminate language barrier
  • Provide anonymity to users
  • To reduce hesitation among people who refuse to seek help because it is considered a disgrace in the society.

Business Model and Structure

  • Counseling through either text, chat or video calls.
  • Prices Range from 1000-5000 Rupees
  • Family counseling is done through video call only.
  • Users are asked to fill a questionnaire
  • How the user might be feeling.
  • Payment for the appointment.
  • Jazz Cash
  • Bank Transfer
  • After Session
  • Chat Option
  • Weekly Subscription

Technological Involvement

  • A well-maintained Database
  • Patient's Personal Information
  • Therapist's Personal Information
  • Therapist's Verification
  • Cross Checking their Provided Information
  • Flagged Therapists
  • Server Manages all Transactions
  • No. of servers according to the need
  • An Application interface for the users

Application Interface

Marketing Research

Marketing Research

  • Primary Data Collection
  • Questionnaire
  • Interviews
  • Market Segmentation

  • Behavior analysis

  • Secondary Data Collection

Questionnaire

Interviews

We interviewed 3 levels of therapists.

  • Highly experienced therapists
  • Moderately experienced therapists
  • Recently graduated therapists

Interviews

Market Segmentation

Market

segmentation

Analyzing these results led to the classification of of our target market into multiple segments

  • General mood disorders
  • Serious disorders
  • Out of station clients
  • Smaller cities
  • Socially pressured/oppressed patients

Behavior Analysis

  • Stick with one therapist
  • Gender Bias
  • Insist on being treated by the best
  • Unwilling to admit they need professional help

Behavior Analysis

Secondary Data Collection

  • Similar solutions internationally
  • Molding the idea to get around local restrictions
  • Local Competition
  • talk2me.pk
  • augment care

Marketing Mix

  • Marketing Strategy
  • SWOT Analysis
  • 4 P's

Marketing Mix

3 Step Process

Marketing strategy

  • Begin with BTL and digital advertisement - Focus on vocal and educated communities
  • Social media influencers
  • Sponsored YouTube videos
  • Exploit social welfare nature of our platform
  • Word of mouth
  • Referrals
  • Conduct awareness seminars
  • Focus on highlighting the impact of mental illness
  • Reduce the social stigma related with the prospect of mental therapy

SWOT Analysis

  • Strengths
  • Weaknesses
  • Opportunities
  • Threats

Strengths

  • Convenience to the users

  • Idea introduced for the first time in Pakistan

Weaknesses

  • The stigma prevailing over mental health issues.
  • May not be as effective as in-person therapy.
  • No initial reputation

OPPORTUNITIES

Opportunities

  • Limited competition in market

  • Anonymity ensured

  • Customer base increases through awareness

Threats

  • Many companies may introduce a similar platform.

  • Existing clinics introduce online option

4 P's

  • Product
  • Service provided.
  • Website/Application to communicate with therapists.
  • Price
  • Price competitively
  • Tiered offering provided depending on therapists.
  • Place
  • Youth targeted
  • Social Media
  • Promotion
  • Online/ Social media
  • Celebrity endorsements and seminars at various places
  • Discounts for regular customers.

Financial Analysis and breakeven

Financial report in excel

Financial Analysis

Plans

  • Marketing Plan
  • Sales Plan
  • Customer Profile
  • Pricing Structure
  • Financial Structure
  • Product Life cycle and Growth

Marketing Plan

  • Providing a more easier and accessible user experience

  • We aim to position ourselves as the primary provider for online Therapy

  • Therapist Conventions and workshops

  • Social Media platforms

  • Targeted Advertisements

Sales Plans

Sales Plan

  • Implementation of pricing Brackets with respective features .

  • Customer specific pricing based on their needs and profiling

  • Giving benefits to long term and special customers

Pricing

Call therapy - 2000

Video therapy - 3000

Family counseling - 5000

Chat (add on) - 1000

Pricing

Product life cycle and growth

Product Life cycle and Growth

  • Market Introduction
  • Focus on initial impression
  • Public trust
  • Growth
  • Double down on advertisements
  • Higher negotiating power with therapists
  • outpace potential competition
  • Maturity
  • Limited number of qualified therapists
  • Excess of patients as compared to therapists
  • Decline
  • Look abroad or let market pull generate more therapists

Limitations

Limitations

Lack of public awareness

  • Partnerships with NGOs and hospitals
  • Seminars in educational institutes and workplaces

Limited number of capable therapists

  • Prioritization of therapist time
  • Outsource therapists
  • Videos and interactive programs to improve mental health

Effectiveness of online therapy

  • Collect and analyze data to see what works and what does not
  • Computer aided video stream analysis to highlight minor cues

Some therapists unwilling to switch to online therapy

  • Hold workshops to familiarize therapists with the concept of online therapy
  • Incorporate feedback of therapists into our platform
  • Management Structure

  • Limitations

  • Conclusion

Management and Conclusion

Management Structure

AKS is divided into five departments

  • The IT department
  • The accounting and finance department
  • The research and development department
  • The marketing department
  • Customer relations

Conclusion

Conclusion

  • Therapy as a growing field in Pakistan

  • Risks and challenges in making such a platform successful

  • Stigma attached to seeking help

  • Spread awareness to general public

  • The success of this platform for the greater good of our country and society