Wednesday 25 November 2015

Startup of the Week: Government is focused on getting at least 20% of SME’s business online in next 5 years: Patkar

Speaking about the idea behind the Dfizz, Patkar said, “Most of the small scale businesses in India have revenue of 1-10 lakh per month or even less.  How will they spend 30-40K per month only on social media manager? It is difficult even when they know it will benefit them.”
Thus, Patkar launched Dfizz, with an aim of creating a platform that minimize the cost and offers virtual solution that helps in an immediate creation of a website, integrated CRM solution and virtual Social Media manager for a SME or a startup firm.
“We understand these concerns of a startup, which also led to the conceptualization of Dfizz.com. An efficient tool that creates and maintains a strong presence of their business on digital platform. These businesses can now focus their attention to on-ground business activity while Dfizz.com will take care of their business on the online platform automatically,” added Patkar.
Social media & digital market industry
The importance of digital social media marketing has grown four-folds in the past few years due to the increase of Internet penetration in India. According to Patkar,  every big or small business requires social media presence in order to catch their prospective customers.  Also, it is a great tool to cultivate community, drive engagement and manage reputation within the minds of the end consumers.
Patkar further informed that, Indian organizations use social media much more than global average and those of their counterparts in emerging markets. In line with Modi Government’s digital India and Make in India initiative, Dfizz caters to Indian markets and their requirements by reducing the manpower cost and at the same time it is effective and quick.
Opportunity v/s challenges
According to Patkar, with more than 10 million registered and unregistered SME’s in India, the opportunity is very big in this space. Government of India and other organizations such as Google, Facebook etc. are focusing on getting at least 20 per cent of these businesses online in next 5 years.  SME’s and start-ups lack the technical knowledge, have limited funds or resources to hire Digital Marketing experts or to buy expensive CRM.
However, the major challenge is the trust. Speaking about the challenges, Patkar said, “It is surprising that when we speak with people regarding the things one can do automatically through Dfizz, they do not believe us in the beginning as they think physical presence on the job is more important even if in reality the resource is wasting time and money on doing basic things that can easily be automated.”
Meet the team Dfizz
Dfizz team consists of small bunch of passionate people from different backgrounds. Innovations, sales and marketing are managed by Patkar himself. Vishnu N, CTO, handles the technology research and designing of the system with web developed Akshata Shelar. Apart from these, there are 3 software engineers and team of 3 marketing and sales experts.
Real estate developer by profession and social worker by passion, Nandkishor Patkar, Mentor/Director provides wisdom and business knowledge.
Dfizz1Journey of Dfizz
After completing his MBA from San Fransisco, Patkar came back to India and immediately started working on an E-Governance project for Ulhasnagar municipality. However, at the same time, due to his family background, he was also interested in Real Estate – basically on how to implement technology for growth of the Real Estate business.
Hence, the idea of starting up a digital solutions company in the name of Arkbel Innovations Pvt Ltd. which is a parent umbrella brand. “I always aimed at innovating products for various sectors with different domains under the brand name. We then introduced PropXS – Axis of technology for Property i.e. for Real Estate Business. Under this brand we handled real estate companies – manage their sales, marketing, land, selling, buying, lead management, and enquiry management etc. – Enterprise Resource Planning software for Real Estate, expressed Patkar.
One services led to the other and eventually stepped into Social – Digital space by helping the clients with support for creating their website and handling Digital Media Campaigns for new project launch.
Last year, Patlar was helping a friend start his restaurant in Karjat, he first began by designing his website and then prepared digital marketing campaign for him. Simultaneously he searched for website building tools, created his FB page, etc. Eventually, the demand for all these products led to the evolution of Dfizz.
Business model
Dfizz is following a subscription based revenue model. The brand is looking for mass customer base and wants target audience to experience the effectiveness of its product in India. One can use it for a month or a year depending on the budget as well as requirement. There is no setup cost or initial investment for resources or need of any hardware. Dfizz is even tab and mobile friendly. Dfizz also offer customization for specific requirements from clients.
The vision
Patkar informed that at moment the venture is not looking for any kind of merger or acquisition. However, in order to improve Dfizz, the brand is looking at raising funds. The funds will be used in to hire subject matter experts and also will be invested in sales and marketing to reach out to target audience.
“Our vision is to simplify digital marketing and we are always innovating. We are now in 6th iteration and would keep on incorporating new methods, new platform as we grow. Next we are planning to add Admin module for companies who serve SME’s. They can manage multiple campaigns at reduced overhead cost with less number of experts/ employees. We are also developing automated paid campaign for SME’s and Startups. We see Dfizz as the most used product online by SME’s across India in the next two years,” concluded Patkar.

Source : IndianMediaBook - Digital