1.0 EXECUTIVE SUMMARY 1.1 INTRODUCTION The GIMPA Online Forum and Hub is a student-to-student Internet platform that affords all GIMPA students and partners with the opportunity to share and discuss information, buy, sell and trade college textbooks, participate in discussions, post classified ads, and provide teacher evaluations. The GIMPA Online Forum and Hub target market consists of over three thousand (3,000) college students who each spend an average of two hundred Ghana Cedis (GHC 200.00) on text books per session and spend have their time consuming online information and communicating on social media platforms.
1.2 PROBLEM STATEMENT Day in day out students face countless of problems and have no one to ask or confide in and most at times personnel that are to administer help to such students are usually busy with other activities. These problems encompass course related, how to deal with work stress and school life at the same time. How to access past questions and even source educational materials are all a major problems for some students. Getting hold of text books, which ones are available and beneficial to certain subjects other than one recommended by lecturers and sometimes written by these same lecturers are difficult to come by. Students buy texts books and only use them for a semester and probably never use them again. Some textbooks might also be out of the system but a continuing student might have it available and will love to release it for some little reparation or even lend it to a friend for free. Students during their student life cycle purchase a whole lot of gadgets that might not be useful to them anymore but are unable to give it out since no one shows interest. Others also come from far and wont want to carry them as extra baggage. Students vie for leadership positions and are only limited to the traditional forms of advertisement on campus with most times limited reach which cannot also easily determined. Posters are torn but rivals and some even go unnoticed. There are some unsung heroes that impact the life of a student by the way they conduct their lectures whiles their compatriots approach lectures in a lackadaisical manners. Some students will always appreciate goods one and give them their due deservedly. Students are constantly looking for less stressful ways to do this and acknowledge such people or faculty. These and many more fragmented services exist in the daily life of the students accompanied with other activities, which occur daily on the GIMPA campus. This is what the GIMPA Online Forum and Hub seeks to address.
1.3 SOLUTION The GIMPA Online Forum and Hub is divided into two major platforms 1. The forum: This is a platform for the sharing and discussion of ideas, course related work, campus activities and other issues bothering around the campus and student life. 2. The hub: This is a platform for sharing of course materials; that is presentations, sample assignments, projects, past questions and solutions etc and also the ability to trade used textbooks directly to other students, by-passing the university bookstores and other channels. Lecturers and faculty can also share their lesson notes and other educational resources via this platform.
From the preamble raised above it is evident that a lot of the features that the GIMPA Online Forum and Hub seeks to do already exist in their own unsolicited forms. However, these services are fragmented and the idea behind the GIMPA Online Forum and Hub is that, it seeks to coalesce all these fragmented services into one big portal. This will allow cross- selling such that not only people interested in blogging or selling of books or students wanting to participate in discussions will be reached. But all potential parties will be reached and some form of information they will be privy to on the hub will trigger their interest to explore other aspects of the GIMPA Online Forum and Hub. In addition to the above, the GIMPA Online Forum and Hub will offer other services such as classifieds that is, providing advertising space for business in and around campus to exhibit their products and services to the vast majority of students who will be visiting the site. It will also serve as a platform where the school can conduct teacher evaluations and collate other such related information. It will provide an avenue for Blogs, where bloggers can upload special pieces and articles to the consumption of students. The GIMPA Online Forum and Hub will establish itself as the leading online student-to- student social meeting place, marketplace for educational materials and platform to propagate any information with regards to activities and happenings on the GIMPA campus and its associated environs. This it will achieve by combining extensive market-specific expertise with Internet technologies to generate some revenue while creating a win-win solution for all students and stakeholders in GIMPA. 1.4 METHODOLOGY This business plan will focus and gather information from a survey employing the use of a questionnaire that will target or source the required information from the two main parties that are to benefit from the development of this solution. Firstly a questionnaire targeting students, employees and staff directly related to the GIMPA Institution, placing emphasis on the following: How and what students use the internet for? How often they access internet resource for educational purposes What services are they interested in How students gather and share information on campus How many students own laptops or internet capable devices The number of books they acquire and use on campus Willingness to sell used book/willingness to pay for any such online services Secondly, a questionnaire targeting industries and organizations seeking to gather information on the following: Advertising channels Social media presence Willingness to pay for online services/marketing Reference A and B, provides a full brief on the questionnaire targeting students and industries respectively. 1.5 MARKET GIMPA presents a growing market that offers a steady flow of new students biannually. Current trends show that the school is expanding gradually and projected intake of over five thousand (5,000) students across its various faculties and departments. Due to technological advancements, ninety percent (90%) of students admitted already have email accounts and are quite conversant with online social platforms and online shops. From a survey conducted, (details in Appendix B The use on internet on campus), shows that an average of seventy eight percent (78%) actively use the internet for almost all school related tasks and activities. 1.6 OPPORTUNITY Students are eager to find ways to get "quick cash" at the end of every semester. One method university students use is to sell their old textbooks at the end of every semester; however the re-sell market is controlled by the local bookstore and the independent consultant/sales representative for GIMPA. These channels have monopolized the market; hence students receive only a fraction of the value paid for the book, typically 75% or less of the purchase prices. The bookstores or consultant/sales representative then re-sells the books back to other students, receiving over 125% profit. The current situation creates a lose -lose situation for students and a win-win situation for bookstores and the independent consultant/sales representative. Students are looking for convenient money saving ways to purchase textbooks and to receive more value when re-selling textbooks at the end of each semester. Information dissemination on the GIMPA campus and its other associated campuses has always been a problem. Students want to know everything thats happening within the school, not only with their departments or knowledge areas but all others together. Students desire a platform where they can easily assess course material, past questions, presentations, etc and also post their problems, questions/assignments and concerns for possible resolution and/or assistance from other students. School authorities (GIMPA Faculty and Administration) are always in the look-out for innovative ways to present information to students in a cost-effective manner and also easily conduct lecturer evaluations and aggregate views from students on different topical issues on campus.
1.7 FINANCIAL & CAPITAL REQUIREMENTS According to the opportunities and requirements for GIMPA Online Forum and Hub described in this business plan, the following summary financial projections were arrived at: Generate considerable revenues by the end of year one through Ad slots and sales.
The GIMPA Online Forum and Hub will require an initial seed investment as well as later rounds of investment. The initial seed capital will be used for marketing and customer/student related awareness programs, software and website development.
1.8 OBJECTIVES The GIMPA Online Forum and Hub will strive to achieve the following objectives: Become the leading repository of information on the GIMPA campus Become the leading online student-to-student bookstore/marketplace on campus Attract 5,000 registered users in the first year Achieve 10,000 visits per month Establish sustainable profitability within the first year
2.0 LITERATURE REVIEW Online forums and hubs are very distinct and diverse in nature, that is, online forums appear very independent, quite separated from online hubs. These are two separate platforms but the GIMPA online forum and hub intends to merge these two platforms in one unified environment presenting more value and diverse services than what an online forum or hub offers. The purpose of this review is to assess the features and functionalities of other educational platforms with similar product features as the GIMPA online forum and hub. Assess what has been done, their strengths and weaknesses/shortcomings. Below is an evaluation of some of similar platforms that already exist and are somewhat doing the same thing that the GIMPA online forum and hub seeks to achieve: 1. Blackboard.com: Blackboard Learning Management System This is a virtual learning environment and course management system developed by Blackboard Inc. It is a Web-based server software which features course management, customizable open architecture, and scalable design that allows integration with student information systems and authentication protocols. Its main purposes are to add online elements to courses traditionally delivered face-to-face and to develop completely online courses with few or no face-to-face meetings. There has been a lot of good testimonials from universities across the globe that have adapted this platform to aid in creating a delightful educational experience. The Blackboard Learning System provides users with a platform for communication and sharing content with numerous functionalities such as: Announcements: Professors and teachers may post announcements for students to read. These can be found under the announcement tab, or can be made to pop-up when a student accesses Blackboard. Chat: This function allows those students who are online to chat in real time with other students in their class section. Discussions: This feature allows students and professors to create a discussion thread and reply to ones already created. Mail: Blackboard mail allows students and teachers to send mail to one another. This feature supports mass emailing to students in a course. Course content: This feature allows teachers to post articles, assignments, videos etc. Calendar: Teachers can use this function to post due dates for assignments and tests. Learning modules: This feature is often used for strictly online classes. It allows professors to post different lessons for students to access. Assessments: This tab allows teachers to post quizzes and exams and allows students to access them via the internet Assignments: This features allows assignments to be posted and students to submit assignments online Grade Book: Teachers and professors may post grades on Blackboard for students to view. Media Library: Videos and other media may be posted under this function. The Blackboard Learning System has however been challenged with the following through the course of its operation: Maintaining the appropriate scalability for the increased level of usage by its customers. Providing seamless and uninterrupted migration paths from one version of the software to the other Supporting the tens of thousands of transaction enrollments and add/drop capabilities that may happen during the first two weeks of class Also, it is to be noticed that the Blackboard learning system has no online bookstore platform although there were plans to incorporate this into the existing architecture; this has not been achieved yet. The platform is very dynamic and has a lot of other functionalities and hence has to be customized to suit the structure of each and every university that intends to adapt the platform. 2. Moodle.com Moodle, An acronym for Modular Object-Oriented Dynamic Learning Environment is a free software e-learning platform with a user base of over 84,000 registered and verified sites, serving over 70,000,000 users in more than 7.5 million courses with over a million lecturers. Originally developed by Martin Dougiamas to help educators create online courses with a focus on interaction and collaborative construction of content, and is in continual evolution. The first version of Moodle was released on 20 August 2002.
Moodle is a learning management system that can be used in many types of environments such as in education, training and development, and business settings. Some typical features of Moodle are: Personalized Dashboard: This helps you to organize and display courses the way you want it and view at a glance current task and messages Discussion forum Data Repository for files upload and download/Convenient File Management: Integrate with cloud storage services such as MS Skydrive, Dropbox, Google drive Grading system/Track Progress: Educators and learners can track learning progress, view grades and use an array of options for tracking individual activities or resources Moodle Instant chat system: This enables users to receive automatic alerts on new assignments and deadlines, forum post and also send private messages to one another. All in one Calender: This tool helps learners to keep track of the academic calendar, course deadlines, group meetings and any other personal events Online news and announcement board Online quiz platform Wiki platform Although Moodle presents features and functionalities similar to GIMPA Online Forum and Hub, the architecture of MOODLE showcases it as a system that rather provides an enabling environment/technology for the GIMPA online forum to be developed with. Adapting to this platform requires extensive modification and customization in order to make it suitable for any university or school. However it is to be noticed that the platform is totally open source and free to acquire but customization and medication will be borne by any institution that decides to make use of the platform. This platform also has no online bookstore for the sale of used books as in the case of GIMPA Online forum and hub. 3. Cavenetworks.com Cavenetworks is a web based online platform that was developed for students of the University Of Cape Coast (UCC). The platform is connected to social media platforms and allows students and other visitors to have access to information and happenings in and around the UCC campus. The aim of this platform is to provide information for students and to create an avenue where students can share information and interact with one another on educational and social related issues.
Typical features of the Cavenetworks platform are: Hostel Finder: A tool that helps students to access affordable hostel and accommodation facilities in and around campus. Notice Board: A place where students access all updates on courses, assignments and any issue relating to coursework. Campus Filla: Here you can get the latest information on campus on events, from halls, the SRC and general filla. If you're looking for the next party, seminar or news on UCC campus. Advertisement Platform: This is the complete online marketing hub that affords the students the opportunity to advertise their items, hence any student willing to buy or sell an item utilizes this platform to showcase their wares or get information of interested items. Hotspot: A platform that showcases product offerings and other related information of small and medium scale enterprises in and around the UCC campus This platform shares some or most similarities to the GIMPA Online forum and hub and it also exist in the same market environment as the online forum and hub. Information from the online website averages an average of 500 visits during peak hours and over a 1,000 unique users.
From the review above, it can be seen that many schools and universities are adapting online educational platforms to enrich the students educational experience. Students are also actively engaging such platforms to further there learning experiences. Although most of these platforms offer a wider range of services, they tend to be very generic in nature and often require other modifications in some cases further learning by students before they can use or adapt to the platforms. The GIMPA Online forum and hub offers services that are center to the activities of GIMPA students in particular and these services are very specific to their needs.
2.0 STAKEHOLDER/COMPANY SUMMARY 2.1 **************** 2.2 START-UP SUMMARY Our start-up costs assumptions are shown in the following table and chart, and include Web hosting, software, development and marketing expenses. Table: Start-up Start-up GHC
Requirements
Start-up Expenses Domain Name Registration 50.00 Computers (2 @ 2000) 4,000.00 Programming & Site Development 20,000.00 Site Hosting (1st 3 months) 1,500.00 Miscellanea Expenses 1,000.00 Beta Launch Promotions 2,000.00 Total Start-up Expenses 28,550.00
3.0 PRODUCT SUMMARY The GIMPA Online Forum and Hub will offer students a unique blend of products, services, and content that is not offered by any single Ghanaian school/institution on the Internet. The GIMPA Online Forum and Hub will aggregate participants, products, services and content to create a unique student-to-student platform and marketplace. The below describe GIMPA Online Forum and Hub's product specification and possible revenue channels or models: 3.1 FORUM The GIMPA Online Forum and Hub will offer the functionality to allow students to post up topics/questions/concerns and have this available to all visitors on the page. Forum threads or topics will then be answered by visitors to the sites and/or administrators. This will be saved or archived, hence other visitors can run searches to reveal or learn about already existing topics and the responses that were provided. The SRC or Students Affairs department can also use this functionality to solicit for views and concerns of students on any related campus issue. E.g.: The state of car parks on the GIMPA main campus or the use of GIMPA Assigned Stickers to access some routes to the GIMPA main campus. The forum page will accommodate all sorts of topics as long as it does not infringe on the policies set by the institution. All topics will be managed by a centralized Administrator of the overall platform.
3.2 NEWS COLUMN The GIMPA Online Forum and Hub will offer a page that will allow Administrators of the platform and school authorities to disseminate all activities, occurrences and any such related information to students and visitors of the platform. News such as the change in the institution exchange rate or the inauguration of a new Director or Registrar or any such related news item will be shown on the platform for the consumption of users. The News Column on the GIMPA Online Forum and Hub will also provide the functionality to track the number of students who have read the news article and also allow administrators to send out bulk email and SMS notifications on the news items for all users who have opted to receive such via the email or SMS alert mediums.
3.3 Textbook Exchange The GIMPA Online Forum and Hub will offer functionality to allow students to buy, sell and trade their used textbooks with other students. Specifically, the Textbook Exchange functionality allows students to post their textbooks online for sale or trade, upload images, and indicate the condition of the book. Students looking for used textbooks will be able to search for used textbooks for sale. A fee will be charged for boosting your post, that is a user can decide to make his post very popular by showing all searches and pages on the platform. The fee may vary based on the duration of the post boost which will be collected on the GIMPA campus either through the Finance department or the committee/board setup for the management of this platform. Sample textbook categories include: Accounting Business Computer Science Marketing History Economics Law Political Science
3.4 Classifieds The GIMPA Online Forum and Hub will offer fee based, student targeted, classifieds ads. Here many features such as image upload, Web links and nested categories will be offered. A fee will be charged for posting a classified/advertisement. The amount charged will be based on the length of time the classified will be posted and the location on the page chosen for the Ad. This segment will be opened to all segments of businesses but will be keenly monitored to ensure that school policies and regulations are followed. Businesses will also be allowed to advertise Job openings and slots within their organizations. Sample advertisement categories include: Textbooks Hostel/Accommodation Educational Seminars Tutorials Cooperate Level advertisement (E.g: Telecommunications, beverage and food adverts, etc) 3.5 Teacher Evaluations The GIMPA Online Forum and Hub will enable students to post and review teacher evaluations. The teacher evaluation functionality will be a value added service encouraging students to visit the site each semester/session. A standard lecturer evaluation will be sort from GIMPA Faculty or Academic, and they will in turn submit all lecturers and their related courses to the editorial board or content management committee of the online forum and hub for upload. Students will be encouraged by Lecturers and Faculty to visit the platform and complete evaluation forms. Revenue for teacher evaluations will be generated from the sale of banner ad space located within the teacher evaluation pages. Banner ad sales will be targeted toward businesses on or around the GIMPA campus. The fee for banner ad space will be determined by the length of posting, number of users for teacher evaluations and demand. This will be administered solely by the Students Affairs unit of GIMPA. 3.6 Bloggers The GIMPA Online Forum and Hub will offer the functionality for users to create blogs on the site, writing about topics that will interest students and all other visitors to the platform. Revenue for the blog will be also generated from the sale of banner ad space located within the Blog pages. Depending on the Blog topic, banner ad sales will be targeted toward either businesses in or around campus or national companies. The fees for banner ad space will be determined by the duration of posting, number of users for the Blog and demand. Blog topics will include: Sports Politics Business/Finance Entertainment Technology News Education Overall, we conclude that our current products, services, content provision and banner ad strategy will ensure a strong presence and continued revenue growth. However as part of the growth model, new services, products, categories and content will be continually examined and added in order to support and sustain demand on the online platform.
4.0 MARKET ANALYSIS SUMMARY The Ghanaian tertiary education market is a fast growing yet it is under-served niche market. Statistics from the National Council for Tertiary Education shows that for the 2012/2013 academic year, 109,278 students were admitted into public universities, 47,294 students gained admission into polytechnics, 26, 159 were admitted into private universities, 27,580 admitted into Colleges of Education and 5,048 admitted into other public specialized institutions such as GIMPA. The Ghana Educational sector performance report 2013 by the Ministry of Education has shown that the intake into tertiary institutions such as Ghana is expected to grow at about 15% each year.
4.1 MARKET SEGMENTATION Our primary targets are students currently of the GIMPA campus, its associated campuses and alumni of the institution. We also seek to focus on the GIMPA Alumni, Faculty, Administrators and staff of the Registrar and Academic Office. At any point in time in the lifetime of this product, it will be serving four (4) year groups for the undergraduate sector and 2 year groups averagely for post graduate studies. Below is a table of some market segmentation analysis: Table: Market Segmentation Analysis ******(Awaiting required info from GIMPA)
4.1 MARKET GROWTH The Ghana ICT for Accelerated Development (ICT4AD) Policy in 2001 has bolstered the use of Information and Communication Technology (ICT) in the teaching, learning and administering of information within tertiary institutions in Ghana. According to the Ministry of Eduction Educational Sector Performance report, July 2013, section 6: about ninety percent (90%) of students from diverse tertiary institutions are actively using the internet and other communication technologies to improve their education experience. GIMPA has further ensured that they are pioneering and advancing the use of ICT on their campus and in the delivery of lessons to students. Reports from the Ghana Educational sector performance report also estimates that the average spending from tertiary students on educational materials ranges from five hundred Ghana cedis (GHC 500.00) to two thousand Ghana cedis (GHC 2,000.00) for under graduate students and an average of eight hundred Ghana cedis (GHC 800.00) to three thousand Ghana cedis (GHC 3,000.00) for post graduate students. The International Telecommunication Union (ITU) statistics in 2004 revealed very low Internet penetration in Ghana, with172 Internet users per 10 000 inhabitants in 2004; it however increased higher than the African average of 123.21. It has not increased since then till now, below are some results from the statistics collated by the ITU.
Table 2: Population Growth and Internet Usage in Ghana
Also, the installation of Internet WIFI hotspots on the GIMPA campus has greatly improved and encouraged the use of the internet by students for research and other educational and social related matters.
4.2 MARKET TRENDS The following statistics indicate that GIMPA students are and will be receptive to the internet channel for the products, services and content that will be offered by the online forum and hub. The following student statistics were based on a survey report conducted by the TXTGroup | TXTGhana research team in relation to this plan. 99% of GIMPA students use the Internet 93% of GIMPA students use the Internet every month 72% of GIMPA students access the Internet at least daily 52% of GIMPA students own a laptop 13% of GIMPA students plan on buying a laptop in the next year Students average 18 hours per week online Students average 12 hours per week watching TV Students average 10 hours per week listening to the radio The above was gathered irrespective of whether students were undergraduates or postgraduates. This data was gathered to depict the overall or general use of the various information and communication channels on the GIMPA campus. A study from the International Journal of Emerging Trends in Computing and Information Sciences shows that 45.6% of Ghanaian internet users use internet frequently for educational purpose, 33.75% frequently use it for news; and only 6.35% frequently use the internet for commerce. Below are the statistics from this study: Table 3: Purpose of internet usage Percentage Purpose of Internet Usage Never Rarely Occasionally Frequently Always Total Entertainment 12.5 24.4 51 9 3.1 100 Education 0.625 5 25 45.625 23.75 100 Work-related Research 10.63 13.12 36.25 31.25 8.75 100 Personal finance (banking, stock, trading) 26.25 23.75 34.375 13.125 2.5 100 Current events (news, sports andweather) 5.63 15 33.75 33.75 11.87 100 Travel-related (research, reservations) 38.18 28.75 19.37 8.7 5 100 Product information gathering 18.75 21.25 40.625 14.375 5 100 Making purchase from online merchants 52.4 17.5 18.75 6.35 5 100 Communicating with others(chat/email) 4.38 7.5 30 25 33.12 100
This study further goes to prove the viability of the success of the online forum and hub when initiated and implemented in GIMPA.
4.3 SWOC ANALYSIS: GIMPA ONLINE FORUM AND HUB To fully assess the internal and external factors that will influence the operations and development of this product a SWOC analysis was conducted with the below results.
STRENGTHS Ease of Access in terms of availability 24-7 Operation Requires less funds/investment to start up as compared to local bookshops Less operational cost, little or no human interventions Access to online help/assistance from other students One stop repository to all student related information Easy and fast access to information Cheaper and competitive prices for books Easy to aggregate information from students and track students interest**
WEAKNESSES Cost of maintaining web portal and providing customer support Cost of creating consumer awareness and marketing Scalability and the ability to handle lots of online traffic Inability to fully protect consumers from fraudulent activities OPPORTUNITIES Ability to easily disseminate information Easy to aggregate information about student trends, online behaviors and interest Provides an avenue to make extra revenue for the school through online Ads such as google Adsense, Adversal, Clicksor, Amazon associates etc Expansion of product to other partner schools Global Exposure
CHALLENGES/THREATS Harsh competition from existing channels such as the GIMPA communication channels (noticeboard, handouts, banners etc) and EPP on campus bookshop Approval from GIMPA authorities and the academic board Length of the project and web development Ability to lobby the resources from the IT Department and School of Technology to ensure that product is successfully developed Possibility that web portal might infringe with old or future policies of the school Content management and security Legal Implications of resale of books
4.4 COMPETITIVE ANALYSIS Competitors of the GIMPA Online forum and hub are diverse in nature. Theres no one business that has the same product offering as the GIMPA online forum and hub, although there are several businesses that are offering at least one of the product that the online forum and hub seeks to provide. Below are a list of such businesses and a summary analysis of their strengths and weaknesses in relation to the online forum and hub. On campus and neighboring bookshops o GIMPA EPP Bookshop o Legon Balm Library o Independent Book Salesperson (Paul) Online Forums (Popular) o Ask.com o Yahoo answers o Answers.com Online Retail Sites o Tonaton.com o Ghanaweb.com o Amazon.com o Ebay.com Online Blogs o Blogcampghana.com o Bloggingghana.com Online hubs/repositories o 4shared.com o Mediafire.com
4.4.1 On campus and neighboring bookshops Strengths Proximity to students Variety of stock (books and material) New books in the best of shape Existing brand awareness Weaknesses Books are expensive Ability to run out of stock for long periods Inability to negotiate prices of books Lack of value added services that online hub offers
4.4.2 Online Forums Strengths Popular to students Large consumer or subscriber base Existing brand awareness Weaknesses Lapses in security and fraud Content is largely out of scope Diverse product offering, not centered to GIMPA students only 4.4.3 Online Blogs Strengths Popular to students Large consumer or subscriber base Existing brand awareness Weaknesses Diverse product offering, not centered to GIMPA students only Content not related to education and to activities on campus
4.4.4 Online Hubs/Repositories Strengths Popular to students Large consumer or subscriber base Existing brand awareness Weaknesses Lapses in security and fraud Content largely unsuitable for educational purposes Diverse content offering
5.0 STRATEGY AND IMPLEMENTATION SUMMARY GIMPA online forum and hub consumers will be available to the over three thousand (3,000) students on GIMPA campus and the numerous Alumni over the country and the world at large. As well as serve potential students and curious people who what to know about whats going on in GIMPA. A typical example could be, an article that will have been on the blog about the chop chop in the SRC and on the discussion board/forum soliciting for the students comments and views on the matter. The main business model for The GIMPA online forum and hub relies heavily on students and alumni actively using the platform to share educational materials, discuss topics, engage faculties to solve educationally related problems or questions and also by providing or posting used/new textbooks for sale and teacher/faculty evaluations available on the website. Our focus will therefore be on a marketing strategy to increase student/alumni traffic and usage, not overlooking other users such as faculty members and staff of GIMPA. The key to success of the online forum and hub depends on an extensive promotion strategy to attract users. 5.1 PROMOTIONAL STRATEGY The overall advertising and promotional objectives are to: Position the online forum and hub as the one stop repository for all GIMPA related issues Acquire customers and generate sustainable traffic on web platform. Increase site awareness and brand name recognition among students and alumni. Position the online forum and hub as the main advertising channel for cooperate business for want to reach the educational segment of the market Gather market research to help establish immediate and long-term marketing plans. The Online forum and hub will attract customers by using a mixture of traditional and online advertising/social media strategies. The following is a list of advertising and promotional channels the online forum and hub will employ: Posting and distributing banners, posters, leaflets, flyers in and around campus Telemarketing : Bulk Emails and SMS notice to all students and alumni Campus bulletin advertising and inserts Indoor/outdoor banner advertisements at campus organized events Banner ads on select related sites with a significant level of traffic Web links on GIMPA main homepage and other related web sites Registration with all the major search engines Social media advertisement on main social media like facebook, twitter, linkedin, Google + Using online advertisement channels such as Google Adsense,
5.2 SOURCING The content and value added service will be provided/managed by a committee or editorial under the GIMPA SRC wing. Blogs and forum topics will be administered by executives of the Editorial team and selected students. Teacher evaluations and student specific news and notices will be managed or provided by the academic board and GIMPA Registry or Secretariat. Advertisement and other classifieds to be placed on the site will be co-managed by the IT team and the SRC/Editorial board Student volunteers from all classes will be sourced by the editorial board/SRC to help attend to queries and concerns raised up on the discussion board on the forums.
5.3 TECHNOLOGY The web platform will be designed with the needs of the GIMPA student and Alumni as the central focus whiles accommodating other the needs of other visitors on the page such as faculty and other university students in search of assistance and information. The Forum and Hub will be developed using up to date web languages and technologies such as HTML5 and PHP WordPress/JOOMLA. This will provide the flexibility to easily expand products and service offerings in the future. The GIMPA Online Forum and Hub will initially host the website with the existing web-hosting vendor for the main GIMPA as it has proven as very reliable and thus reducing initial start-up cost. At traffic builds, test will be conducted on the platform to ensure the stability of the hosting provider to support the optimum functioning of the web platform. The current hosting provider for the main GIMPA website: www.gimpa.edu.gh is New Dream Network, LLC, based in Brea, United States. New Dream Network in addition to Web hosting, will provide site monitoring and statistical performance metrics that include uptime, page views, unique users, banner impressions, search keywords stats and link stats from other sites. This will help us to track marketing efforts and also make informed financial decisions and projections Furthermore, development plugins such as BBPress and WPe-Commerce will be acquired to ensure speedy development by web developers. This will be captured in the budget for development of the platform. It is to be noted that the acquisition of such software will also enable the programmers to easily customize the software to support the future growing business needs of the GIMPA Online Forum and Hub.
5.4 MILESTONES The table below lists important milestones with dates, duration and stakeholders responsible for ensuring that activities are completed within the set time. Table: Milestones Milestone Start Date End Date Duration Stakeholders Business Concept & Planning 7/1/2014 7/11/2014 9 days Academic Registry,SRC, ICT Department Secure Funding for Development 7/7/2014 8/1/2014 19 days Academic Registry,SRC Requirements Gathering 7/14/2014 7/24/2014 10 days Academic Registry,SRC, ICT Department System Design and Architecture 7/28/2014 7/1/2014 5 days ICT Department Beta Site Development 8/4/2014 9/8/2014 25 days ICT Department Beta Site Launch 9/10/2014 9/12/2014 3 days SRC, ICT Department Beta Site Promotional Campaign 9/15/2014 9/24/2014 8 days SRC Beta Site Analysis 10/1/2014 10/3/2014 3 days SRC, ICT Department Secure Funding for Phase 1 Launch 10/9/2014 10/22/2014 10 days Academic Registry,SRC Phase 1 - Site Development 10/23/2014 11/12/2014 15 days ICT Department Phase 1 - Launch 11/14/2014 11/14/2014 1 days Academic Registry,SRC, ICT Department Phase 1 - Promotional Campaign 11/17/2014 11/27/2014 10 days SRC Monitoring and Evaluation 12/1/2014 12/19/2014 15 days SRC, ICT Department