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
Marketing Research
Marketing Research
- Primary Data Collection
- Questionnaire
- Interviews
- Market Segmentation
- Secondary Data Collection
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
- 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
- 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
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 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