|
COMPANY
OVERVIEW
| |
Business Summary |
 |
PlanetToday.com Local
Area Web (LAW) properties are designed to capture a
significant portion of local markets that account for nearly 90%
of commerce. LAWs use a "clicks n' mortar" approach, combining
traditional media, advertising, and business with advancements in
online interactivity, media, e-Commerce, and e-business. The result
is a next-generation platform - an information, commerce, and business
utility - that generates substantial revenues by facilitating interactions
and transactions at the local level.
| |
Why Local? |
 |
In a community
there are more revenue sources than meet the eye. PlanetToday.com's view
of their future on-line revenue sources is as follows
In an average
town of 77,000 households, there is a buying power of over $4.5 billion.
PlanetToday.com stresses monthly repetitive revenues by making the existing infastructure more efficient. We create a virtual community along side the actual community. Our revenue comes mainly from transaction fees.
Plus not commonly
known revenue sources such as:
| |
Leveraging
Internet efficiencies and the introduction of localized solutions
directly to community participants (ie Healthcare Industry,
Education Sector) |
| |
federal
government grants for internet use & education locally oriented |
| |
federal
government grants to assist non profit organizations to build
an online presence |
| |
provincial
government projects for self service of government information
and services |
| |
municipal
projects for "most wired city"
|
PlanetToday.com's community
oriented structure facilitates all these initiatives for a fee.
| |
Where to Begin? |
 |
In answer to
the question of how to capture a piece of the repetitive business
that goes through a community, PlanetToday.com simply looked at the three
"pillars" of each and every community:
1. Private Sector
2. Non-Profit Associations
3. Government
Without exception,
every community has as its cornerstones, these three areas of activity.
Herein lies just one of the many fundamental differentiating factors
between LAWs and other online endeavors. By adopting real community
cornerstones as the very foundation of LAWs, PlanetToday.com permeates
the community, addressing the needs of all community stakeholders
and citizens without exception or discrimination.
| |
How does it Work? |
 |
The LAW consists
of several major elements, some online, others offline.
The
Customer is King
The most
important element of the LAW is the acquisition and maintenance
of customers (users), since it is their continued activity on the
site that generates revenue. In order to attract and keep users
coming back to the LAW, PlanetToday.com has developed a multi-faceted strategy
whereby the LAW delivers valuable time and money saving information,
products, and services to customers.
Valuable
Information
Information of relevance to citizens is often related to tasks and
scheduling of their day-to-day lives. "What time is Billy's baseball
practice?", "When is the parent-teacher's meeting?", etc. The LAW
software enables clubs, associations, even businesses to manage
their own self-serve LAW pages directly via their Internet browser,
without any programming knowledge. This unique feature saves the
association and its membership a great deal of time, and keeps people
coming back to the site on a regular basis to get the latest updates
to newsletters, schedules, etc.; all this, with a minimal cost on
the part of PlanetToday.com.
In addition,
the LAW is a handy reference guide for many worldwide websites
as well. PlanetToday.com has implemented a thorough content strategy that
links users directly to valuable websites, by-passing the often
frustrating experience of using an Internet search engine.
Valuable
Products and Services
Coupled to the useful information and content available to users
on the LAW are products and services provided by local, regional,
and national vendors. Whether it's a GM dealership where customers
can browse inventory online, an e-Commerce enabled grocery store
that delivers in 30 minutes, or one of PlanetToday.com's National Affiliates,
the LAW makes e-Commerce relevant to customers' daily lives.
Business
to Business
e-Commerce
and e-business are hallmarks of the LAW. PlanetToday.com helps
businesses reduce costs and increase revenues; this translates into
more competitive pricing and ultimately greater value for the end
consumer. Business to business revenue is considered to be at least
as important and lucrative as business to consumer revenue.
Loyalty
Programs and Relationship Marketing
Every registered user of the LAW will be able to earn loyalty
points. These points are readily transferable into cash at any ATM,
anywhere in the world, via a debit card held by the user. Clubs
and associations who refer their membership can earn Clix on the
activities of their members; this is a powerful motivation for associations
to encourage user participation on the LAW. In turn, businesses
large and small can offer various offers, discounts, etc. to cardholders,
and drive new business and greater revenues. The LAW, as always,
is the conduit and facilitator for this Incentive Marketing approach,
and reaps greater and greater revenues as the site develops over
time.
Traditional
Media - Even more "Clicks n' Mortar"
PlanetToday.com publishes
"The Internet Today - Community and Internet Guide", that helps advance
and enhance the LAW's presence in the community. Through content
and advertising co-op, customers can experience the LAW in multiple
ways: with print articles featuring clubs and associations who are
now online, radio features highlighting community events taken directly
form the online calendar, etc. This way, PlanetToday.com can reach each
and every user in a community, whether they have Internet access
or not.
Likewise, businesses
who are far from taking the leap into e-Commerce will be able to
take a "graduated approach", whereby the LAW bundles online with
offline advertising, etc. As for the e-Commerce enabled businesses,
the LAW will provide them complete local marketing solutions to
drive customers into their stores as well as onto their website.
Human
Interaction: Site Manager & Community Leaders Driven by Profit-Sharing
As much as e-Commerce and the Internet is automating lifestyles,
the most popular online activities are still e-mail, chat, instant
messaging, and other types of human interaction. In a community,
customer care and relationships depend very much on high levels
of service and one-on-one contact. That is why PlanetToday.com LAWs depend
on a local Site Manager and a team of Community Leaders whose role
is to build critical relationships with non-profit associations,
community groups, businesses, etc. A community's trust is absolutely
paramount for the LAW, because without it, the LAW cannot win
customers, businesses, and ultimately, revenues. Each LAW will
be a profit center with the Site Manager sharing in the profits.
In turn, each of the 12 content areas such as Community Shopping,
Business to Business, Town Hall, etc. will be its own profit-center
with Community Leaders sharing in the earnings.
The
Technology
We list this last, because technology is the method of delivery
that permits LAWs, but should not be the focus. PlanetToday.com partners
with aithent.com and others to deliver the technology
necessary to make the LAW operate seamlessly.
The
Execution
PlanetToday.com has the knowledge, expertise, and experience in establishing
and operating highly profitable Local Area Web centers. PlanetToday.com's
ability to implement and execute where so many others have failed
is a crucial differentiating factor between PlanetToday.com and other so-called
"local" websites.
| |
The Bottom Line |
 |
PlanetToday.com has
spent years researching, developing, and perfecting the online model
for local and regional market economies. Investing in a Local Area
Web property is like making an investment in the commercial real
estate of the future and much, much more. The LAW is the new platform,
the new facilitator of information and exchange at the local level.
Every transaction the LAW facilitates will earn revenue. In the
long run, as PlanetToday.com becomes established as the premiere online
destination for day-to-day repetitive needs, its approach will translate
into tremendous revenues and profits.
|