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    Date submitted
  • 14-May-2017

Forum

Abstract

Forum is a marketplace that would allow for the exchange of professional services. The major point that differentiates it from existing businesses, is that it’s system is created so that the usual barriers between the exchange of these professional services are removed. This will always benefit all parties involved. It will feature the ability for the services to be paid for at a negotiated price, given for free, or have funds raised from charitable investors to pay for them. Another major part of forum is that it will have an in-depth profile and review system which will both make it safer and allow for a social media type experience. At its core, every party required to make Forum run will always have an incentive to partake, whether it’s money, work experience or goodwill.

Additional Questions

Who is your customer?

Professionals service offerers in various fields (e.g accountants, consultants, scientists), those who require the professional services being offered and charitable investors.

What problem does this idea/product solve or what market need does it serve?

Our idea gets rid of the usual barriers between the exchange of professional services. These include inadequate funds, lack of work experience and no online market place to exchange these services. It also solves the usual issue that many people have with charity where they feel they don't see a tangible result of where their money goes, which would not be the case with our idea.

What attributes will make this idea/product successful? Why do you believe that those features will create success?

The main attribute that makes our product successful is that all the parties involved in it have great incentive to partake. There would be a huge market for our idea, therefore not putting a ceiling on it's potential.

Explain how you (your team) will execute to make this idea/product successful? What gives you (your team) an advantage over others already in the market or new to this market?

Our team consists of myself and one other who is also a student at Otago university. As we have grown up with the internet we've seen how it can revolutionise certain industries and have seen how it's happened so many times. We believe that our idea can do something similar and are motivated to make it work. We both have a strong passion for helping others which we believe can best be achieved through innovative business.