Small Social Network Website Investment Opportunity in Kochi, India
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Other |
Reported Sales | Nil |
Run Rate Sales | USD 3.8 thousand |
EBITDA Margin | Nil |
Industries | Mobile Apps + 1 more |
Locations | Kochi |
Local Time | 6:19 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- As of March this year, within a span of just 5 months, we have acquired over 25,000 registered users, with 16,000+ users regularly engaging.
- Our business model operates on a freemium basis, offering a free trial period initially. A premium subscription is required to access the enhanced features, such as Chat. 'Profile boosts' and 'Pay-Per-Use vouchers' are our secondary revenue streams.
- Notably, some users have proactively transitioned to premium accounts without solicitation. This has led to our first source of revenue and it started this year.
- Our user acquisition strategy primarily involves social media advertisements and promotions to effectively target our desired audience.
- Our subscription prices range from INR 999 for one month, INR 1,599 for 3 months, and INR 2,599 for six months.
- We also allow reel videos to be uploaded by users on our platform, which is quite different from the picture only concept used by our competitors.
- The app was built in-house, and our team consists of 1 UX developer, 2 Flutter developers, 2 full stack developers, 1 digital marketer, & 1 customer relations professional.
Singles are our target customers.
It's a 'freemium' platform.
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Earlier than 15 daysDirector, Ecommerce, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Healthcare, Bangalore, Individual Investor / Buyer connected with the Business