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00:00:00
hello my name is logon cofounder yellow were our aim is
00:00:04
to just drop the online survey industry using video
00:00:08
forty billion dollars annually is what the market research industries were today
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twenty percent of it is qualitative research uh qualitative research
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isn't about understanding your customers are numbers and statistics
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rather about understanding the actual the motions and what they do and why they do it
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different methodologies today to do it include in person interviews remote interviews and online surveys
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the problem with all of these are that are extremely expensive and time consuming for companies to conduct
00:00:38
and the reason for this is because inflexible and tedious for the respondents to actually give their information
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or solution or video online surveys which gives
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companies and respondents the flexibility and comfort
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of online survey it the flat yet the quality of it in person interview
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the way it works is similar to online survey today were complete inputs their questions shares the link to
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their own for for channels and respond in simply answer through video directly in the web browser
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is videos think it sent backed transcribed and analysed on both keyword and sentiments
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analysis giving the researcher an overview of the data set their perceived
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through this they're able to quantify the qualitative research increase the speed of it and it's
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completely mobile base as it's using the communication method that users are used to today
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uh through this we're entering the online survey industry which will be
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worth seven billion dollars annually in two thousand twenty one
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with this was focusing specifically on the consumer goods industry as this is the closest
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set to users of social media which is the trend that were going on
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our aim is to have 'em up to one percent within three years which recruits six million dollars
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we're doing this based on the subscription fee based model starting with a from
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a package and having different price variables such as data retention policy
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the number of questions that can be created and customisable design of the survey itself
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um we've done two different business models are ready where we were able to test with different high profile clients
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from here we've used to learning to now develop our product every release a beta version doesn't the three weeks ago
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we've done this with eighty six different companies worldwide twenty one of which would serve no actually used
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and tested it and for which which i use it out externally to there come a customers
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the team that's made this possible of philip it will wanna myself as co founders
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well none focusing that everything we make has value for both our clients and for respondents
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a flip in making sure that we can create it myself an issue that the uh the clients
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come in and as well as our first employee bart was no uh located in portugal
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we're looking for four hundred thousand francs which will help us to develop our product further
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and launch from market by the end of this year and beginning of next