Edmodo is an instructive innovation organization offering a correspondence, cooperation, and training stage to K-12 schools and instructors. The Edmodo network empowers educators to share content, appropriate tests, tasks, and oversee correspondence with understudies, associates, and guardians.
Edmodo was established by Nick Borg, Jeff O’Hara, and Crystal Hutter in 2008. It is sponsored by Index Ventures, Benchmark, Greylock Partners, Learn Capital, New Enterprise Associates, Union Square Ventures, Glynn Capital Management, Tenaya Capital, SingTel Innov8, and KDDI. As of July 2019, Edmodo professed to have over 100M clients worldwide. About half of these clients were in the US, with the rest being in 180 nations around the globe. Critical focuses exist in Singapore, Indonesia, Uruguay, and Italy. About 10% of these clients were instructors, a representation of how well known Edmodo is in study halls.
Below we will analyze the business plan that took Edmodo to the peak of success:
Client Segments
Edmodo is focused on educators, empowering them to work together, share assets, track understudy progress, and utilize intuitive showing apparatuses from one spot. The Edmodo stage is utilized by over 300,000 schools around the world. The Company’s essential market is, where it gives the main social training stage among K-12 schools.
Behind the US Edmodo’s biggest business sectors are Mexico, Australia, Colombia, and Canada. Notwithstanding serving educators, Edmodo is additionally focused on understudies and guardians. Understudies can partake in web-based learning and intuitive tests, while guardians can screen their youngster’s school exercises, evaluations, and investment in school occasions.
Edmodo is using the web-based learning and intuitive tests to reach more clients
Incentives
Edmodo’s most prominent worth is that it makes the way toward making exercise substance, testing, and understudy observing a more straightforward, additional time productive and more open cycle for instructors and schools. The stage makes the learning cycle more straightforward, with educators ready to find what instructing strategies are best for which understudies and guardians ready to screen the advancement and execution of their youngsters.
The administration is allowed to utilize and accessible through web programs and versatile and tablet applications, permitting instructors, understudies, and guardians to cooperate and partake in the taking in experience from anyplace. The Company likewise furnishes instructors with progressing support, preparing projects and assets.
The Edmodo stage can be gotten to through the Company’s portable and work area sites at www.edmodo.com. The Company additionally has versatile and tablet applications accessible for iOS and Android.
Client Relationships
The Edmodo stage is accessible on a self-administration premise, with instructors, understudies, and guardians ready to enlist through the Edmodo landing page for nothing out of pocket. Understudies require a gathering code, given by their educator, to enlist, while guardians should have an exceptional parent code for their youngster. When enlisted clients can utilize the stage self-rulingly with no cooperation with Edmodo agents.
The stage’s substance is network-driven, with educators, understudies and guardians urged to associate and team up with each other. Edmodo offers backing to its clients through its self-facilitated Help Center, which incorporates client instructional exercises, FAQs, and investigating guides, just as through a Community Support organization and direct connection. The Company likewise cooperates with its client network through its incorporation of a blog, a pamphlet, occasions, and its online media accounts.
Edmodo is an instructive innovation organization that works as an online social learning stage for instructors, understudies, and guardians. The Company expects to make learning a more effective, inventive, and straightforward cycle. Its foundation empowers instructors to all the more effectively work together, share assets, discover exercise thoughts, and collaborate with guardians.
It additionally permits the two educators and guardians to all the more precisely screen the advancement of understudies and recognizes which strategies for instructing are best. Notwithstanding offering an online stage, the Company gives a scope of preparing and expert advancement courses to instructors with the goal that they can all the more successfully use the Edmodo innovation. Edmodo likewise works together with an organization of accomplices to make additional usefulness through local applications.
Edmodo works as an online social learning stage for instructors, understudies, and guardians
Key Partners
Edmodo accomplices with tech organizations, instructive bodies, content distributors, and subsidiary advertisers. The Company has vital associations with Microsoft, acquainting clients with the Office 365 cloud programming, and Cambridge University Press, incorporating new Cambridge University Press content for the improved straight GCSE capabilities.
Edmodo additionally has content associations with Khan Academy, LearnZillion, Oxford University Press, Better Lesson, and Sony Global Education, the principal accomplice to give Japanese substance. In Mexico, Edmodo has cooperated with SINADEP-SNTE, the nation’s biggest instructor’s association to bring together correspondence and joint effort among its individuals.
Edmodo engages expert teachers in one-to-one interactions with the students as well as their guardians
In 2012 Edmodo delivered its API and has since joined forces with a scope of engineers to make outsider applications that upgrade the Edmodo stage’s usefulness. The Company additionally teams up with brand and channel accomplices to grow it’s showcasing go and produce new clients.
Distinct advantages
Edmodo’s distinct advantages are its product stage, its IT framework, its vital and substance associations, its workforce, and its client network. Searches of records held by the US Patent and Trademark Office recognized no patent applications documented in Edmodo’s name.
Edmodo Revenue Model
Edmodo works under a freemium income model, giving free admittance to its social learning stage with the alternative for clients to pay for extra usefulness and administrations. The Company has three head income streams: its application commercial center, its preparation and expert improvement administrations, and its superior Snapshot administration.
Edmodo offers a scope of on the web and in-person preparing arrangements, including one day, in-person Edmodo Workshop and Edmodo Deployment programs valued at $2,500 per gathering of 25 instructors and a multi week online Edmodo in real life course evaluated at $7,500 per gathering of 25 educators. The Company likewise gives a four hour Certified Learner Course that should be haggled with a neighborhood salesman.
Edmodo’s exceptional Snapshot administration, which permits educators to all the more precisely check understudy progress, is purportedly valued at somewhere in the range of $1,275 and $2,000 every year, per school. Furthermore, the Edmodo commercial center proposals around 600 outsider instructive applications, some free and some paid-for. Premium applications, at different value focuses, can be authorized by instructors on a yearly, per homeroom premise
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Goldman Sachs is an American multinational investment bank. It has got a net worth as of December 17, 2020, as $83.41B. It offers services in investment management, securities, asset management, and securities underwriting. Marcus Goldman and Samuel Sachs founded Goldman Sachs in 1869.
Read about the Goldman Sachs success story, Founders, Competitors, Business Model, Funding, and Revenue Model below.
Goldman Sachs is a leading investment firm. It maintains offices and all major financial centers around the world. Goldman Sachs brings capital, people, shareholders, clients, and ideas together. They actually serve all. Serve the community to grow more. Advice about buying and selling businesses is always given. Starting from raising capital to managing risks takes place here.
The financial services industry is considered to be one of the most powerful industries in the world as it contains a wide range of businesses that manage money.
As per the latest reports, the market size of global financial services grew from $25848.74 billion in 2022 to $28115.02 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%.
Goldman Sachs – Founders and Team
Marcus Goldman and Samuel Sachs are the Founders of Goldman Sachs.
Marcus Goldman and Samuel Sachs – Founders, Goldman Sachs
Marcus Goldman was a German banker, financier, and businessman. He was born in Trappstadt, Bavaria. He immigrated to the United States in 1848. He was the founder of the company. His company is now known by all and is one of the world’s largest investment banks.
Samuel Sachs was an American investment banker. He was born in Maryland, United States in 1851. He was the business partner of Marcus Goldman. But actually, Marcus Goldman was his father-in-law. He joined the business. He died in 1935.
David M. Solomon is an investment banker. Since the year 2018, he is the CEO of Goldman Sachs. He is 58 years old as of 2020. He has a net worth of around $100 Million
CEO, Goldman Sachs
Goldman Sachs – Startup Story
As you have read before, Samuel Sachs was the business partner as well as the son-in-law of Marcus Goldman. Before, accepting the offer. Samuel Sachs used to work as a bookkeeper and ran minor businesses. After his joining, Marcus named the company M. Goldman, Sachs & Co. in 1888. An updated listing took place in 1883. Samuel established the company’s reputation day by day. He stood in the banking community. By 1890, Goldman Sachs became one of the largest dealers of commercial paper in New York. Later, Samuel retired and passed away in New York.
Goldman Sachs – Mission and Vision
The mission of Goldman Sachs reads as, “We aspire to be the world’s most exceptional financial institution, united by our shared values of client service, excellence, partnership, and integrity.”
The company has four core values, which are based on:
Client Service
Excellence
Partnership
Integrity
The aim of the firm has always been towards serving its clients well. Besides this, the goal of the company is to ensure that they deliver returns to its shareholders.
Goldman Sachs – Name, Tagline, and Logo
In the tagline, the goal of Goldman Sachs speaks for itself. Hence, its tagline is “Our people are our greatest asset.”
Goldman Sachs Logo
Goldman Sachs – Solutions
Goldman Sachs is known for building and integrating developer-centric, cloud-based financial products and services into the ecosystems of its clients to enable them to provide better service to their own clients and customers.
As we are aware that the company is mostly into offering services related to finance, it offers 3 major platform solutions for its clients, these are:
Transaction Banking
This platform designed by the company is to assist clients in creating a future treasury and enabling software partners to improve their services. It is a straightforward and secure transaction banking platform with 24/7 accessibility so that its clients can easily use it.
Merchant Point of Sale Lending
Merchant point of sale lending is a growing network of retailers that are offered clear and uncomplicated solutions to assist them in expanding their operations and better serving their clientele.
Embedded Consumer Finance
Through its API-first platform, a SaaS technology, the company enables businesses to directly offer its highly regarded consumer financial products within their online experiences. This doesn’t end here. The company also offers tools that will help enable developers to drive long-term growth for their businesses and derive smart decisions.
Why Goldman Sachs Went From Investing For The Rich To Targeting Everyone
Goldman Sachs – Business Model
The company deals with a range of financial services. It has got a diversified client base which includes financial institutions, governments, and corporations. The company has got 4 operable segments. These are Investment Banking, Institutional Client Services, Investing & Lending, and Investment Management.
Investment Banking is advising organizations on capital raising strategies. This feature helps to raise capital and grow businesses.
Institutional Client Services are actually financial services with both financial and non-financial firms. The firm makes clear client transactions. For future exchanges, security lending, prime brokerage, etc.
Investing & Lending are something very common, which everyone already knows. Still investing is putting money into property, shares, and schemes. The firm makes investments both directly and indirectly. And lending is allowing someone or something to use an amount of money. Money can be paid back later.
The firm also offers wealth advisory services, portfolio management, and financial counseling.
Basically, the company’s business is to help people, companies, shareholders, and clients on the following points:
It advises on what to buy or sell depending on the marketing conditions.
It helps local or national governments tofinance their operations.
It transacts for its clients in all financial marketing conditions such as bonds, equities, currencies, etc.
It helps orsupports markets to remain effective and liquid for investors and businesses to meet up with their needs.
It manages to safeguard and improve the value of assets for both private individuals and institutions like mutual funds, pension funds, and foundations.
It also invests in capital to help grow its clients’ capital.
It also aggressively helps toinnovate and come up with new ideas, and new products to grow further.
In addition, the company offers the following solutions for corporates and institutions:
Asset Management
FICC and Equities
Comprehensive Solutions for Nonprofits
Financial Cloud
Investment Banking
Global Investment Research
Ayco Personal Financial Management
Marquee
Liquidity Investing
On the other hand, for individuals, some of the services provided by Goldman Sachs are:
Marcus by Goldman Sachs
Private Wealth Management
Global Investment Research
Ayco Personal Financial Management
Personal Financial Management
Apart from all these, Goldman Sachs is a key trader in the market for Treasury securities issued by the United States. It offers custodian bank and clearing services.
Investing activities and the origination of loans are to provide financing to clients.
After clearing client transactions on major stock, commissions, and fees are executed.
Financial advisory fees and underwriting fees are charged by the clients.
In 2022, the company generated a revenue of $47.4 billion. As of September 26, 2021, the firm has a market capitalization of $134.8 billion.
Goldman Sachs – Employees
As of 2021, the number of employees the company reported having was 48,500. However, as a result of the earnings report from July of 2022, which showed significantly decreased earnings, Goldman Sachs announced in September 2022 that hundreds of employees across the company were laid off.
Goldman Sachs – Marketing Strategy
The company invests around 90% of its marketing budget in digital marketing schemes. The main focus is on the creation of content and social media. With the help of social media platforms like LinkedIn, YouTube, Facebook, and Twitter.
The company enables itself to reach its customers. Innovation and expansion of the market are increasing day by day. Social enterprises are also contributing to the UK economy and community. After a lot of research, the company designed a 10,000 small business program. This was created to bring high-quality business support to the leaders for growing their small businesses across the country.
One of the most challenging parts for Goldman Sachs was during the aftermath of the financial crisis that happened between 2007-2008. The firm came under fire for allegedly deceiving its investors and making money through the collapse of the mortgage market. The situation was so bad that there were investigations into this matter. It was conducted by the US Congress and the US Department of Justice, and the US Securities and Exchange Commission filed a lawsuit. As a result, the company agreed to pay a $550 million settlement.
While this was one of the many challenges faced by the company, there was another major controversy in 2021, wherein a group of first-year bankers complained to managers that they were working 100 hours a week with only 5 hours of sleep at night. This was highlighted and the company faced scrutiny. However, the firm announced a 15 days vacation every year for its employees to maintain their work-life balance.
Goldman Sachs – Mergers and Acquisitions
The company has made 28 acquisitions till now. Some of the details are:
Date
Aquiree Name
Amount
September 15, 2021
GreenSky
$2.2 Billion
August 19, 2021
NN Investment Partners
1.6 Billion
December 8, 2020
Goldman Sachs Gao Hua Securities
–
October 2, 2020
General Motors – Credit Card Business
$2.5 Billion
May 14, 2020
Folio Institutional
–
June 3, 2019
Capital Vision Services
$2.7 Billion
May 16, 2019
United Capital
$750 Million
November 9, 2018
ClearFactr
–
July 11, 2018
Boyd Corporation
$3 Billion
June 14, 2018
Slickdeals
–
Goldman Sachs – Investments
It is recorded that Goldman Sachs has made 956 investments, out of which 376 are lead investments. Some of the latest investments are:
Date
Name Of The Organization
Amount Raised
February 2, 2023
Syngene
$11.9 Billion
January 25, 2023
Fever
$110 Million
January 25, 2023
Forward Networks
$50 Million
January 12, 2023
LePure Biotech
–
January 11, 2023
Xpansiv
$125 Million
January 3, 2023
InsuranceDekho
$110 Million
December 15, 2022
Mews
$185 Million
December 13, 2022
Vestiaire Collective
$75 Million
December 8, 2022
Younited
$60 Million
November 17, 2022
Bikaji Foods
$566.4 Million
June 25, 2020
Capital Markets Gateway
$25 million
July 14, 2020
Permira
–
July 14, 2020
Nasuni
$25 billion
July 15, 2020
Bond Financial Technologies
$32 million
July 23, 2020
Missfresh E-Commerce
$495 million
In addition to this, the company has made 46 diversity investments. These are:
Date
Organization Name
Amount Invested
February 15, 2022
Homebound
–
January 11, 2022
Wonderschool
$25 Million
November 27, 2021
H2O.ai
$100 Million
March 4, 2021
Flywire
$60 Million
February 24, 2021
Madison Reed
$52 Million
October 6, 2020
BlocPower
$11.8 Million
September 17, 2020
Ellucian
$1.6 Billion
July 14, 2020
Nasuni
$25 Million
February 13, 2020
Flywire
$120 Million
January 15, 2020
Moneythink
$10K
Goldman Sachs – Philanthropic Activities
Under Goldman Sachs Foundation, the company has contributed about $1.8 billion towards philanthropic activities. With a maximum employee donation match of $20,000, the business provides a donor-advised fund (DAF) called Goldman Sachs Gives that makes donations to nonprofits.
Even during the pandemic when companies struggled to operate, the company made progress in reuniting its teams across the world and in supporting their employees and their families.
In addition, the company advised the governments of several nations on how to raise more than $15 billion for vulnerable populations, contributing $30 million to a COVID-19 Relief Fund and $775 million to a Small Business Stimulus Package during this time.
Goldman Sachs – Awards and Achievements
The company has won many awards and achievements, some of which are listed below:
The Wall Street Journal – 250 Best Managed Companies of 2022 (December 2022)Ranked 105
Euromoney – Market Leaders Awards (November 2022) Ranked 1 in Chile and Ranked 2 in Brazil
Goldman Sachs has been recognized for the International Financing Review (IFR) Awards – Bank of the Year
Achieved the Fintech Futures Banking Tech Awards – Best Use of Cloud
CNBC Select – 5 Best Personal Loans of December 2022 – Marcus by Goldman Sachs named Best for Debt Consolidation
Received the Interbrand – Best Global Brands by ranking 49
The Banker – Investment Banking Awards (October 2022)Investment Bank of the Year
FinTech Futures – Banking Tech Awards USA (May 2022) – Best Digital Initiative – Marcus by Goldman Sachs products and app
Mergers & Acquisitions – Middle-Market Deals of the Year (May 2022) –Industrials Deal of the Year
Ranked No. 19 in the Fortune – Modern Board 25 (April 2022)
The company especially focuses on investments and technology-driven companies. The Merchant Banking Division has invested more than $5 billion in strategic capital. For entrepreneurs and management to execute long-termed growth plans. This process is, going on since 1994. They usually tie up with strong management teams. This formula helps the company to grow more. Giving value to customers, shareholders, and partners is the key to success. The target of the team is investments ranging between $20 – 250+ million in companies. A proven proper management team is also very essential to walk toward growth.
Goldman Sachs – Future Plans
While the company remains one of the leading financial and investment banking companies, it is reported that the company is soon going to change its business strategy. The company plans to expand its transaction banking and wealth management operations. Given the economic crisis going on, the company is looking for ways to change its overall business plan soon.
FAQs
When was Goldman Sachs founded?
Goldman Sachs was founded in 1869.
Who are the founders of Goldman Sachs?
Marcus Goldman and Samuel Sachs are the Founders of Goldman Sachs.
What services does Goldman Sachs provide?
Goldman Sachs provides a range of financial services to individuals, corporations, and governments. Some of the services offered by Goldman Sachs include:
Living in a dynamic era where speed and transformation is the key to victory, the call for better technologies comes into being. The most notable example of such a transformation is Digitalization. Digitalization means using digital technology in business models to generate income and value-producing opportunities. It is a process of shifting towards digital business. Digitalization can be seen in every segment. Digitalization is a mechanism for transforming all the sectors across the Globe.
Digitalization in common terms means the way people socialize i.e., the movement of interaction through analog technology(phone, mails) to Digital ones(e-mail, chats, social media). The increase in digitalization has impacted various business activities, including firms’ business models(BM). Digitalization has put stress on companies to exhibit on their prevailing strategy and examine innovative business opportunities at the early stages.
Value creation, value delivery, and value capture are the main aspects of any business. Thus, a combination of these features to create a system that delivers more value for both consumers and industry is termed as business model innovation.
Digitalization and Business Model Innovation Components
Digital technology affects business and its various components in the business that are listed below:
Digitalization & Value Creation
Value creation refers to offering customers what they want that is customized services and products as per their preferences. Digitalization allows companies to revise or extend their products and services through IoT. Digitalization also helps in increasing customer value and reducing transaction costs. It lets companies create novel offerings.
Digitalization & Value Delivery
It illustrates how activities are employed to deliver the insured value. This includes delivery resources such as- support staff, online monitoring systems, etc. Digital business models require developing new capabilities. New business models require updating operational activities and processes for Global distribution. Companies need to develop scalable platforms that utilize modularity to deliver effectiveness and efficiency.
Digitalization & Value Capture
The value capture model is related to revenue and economic viability. Digitalization helps in enhancing internal processes that facilitate the firm to improve cost efficiency. It enables increased revenue streams. It has some negative impacts that are new and increased risks related to business innovations.Most of the models rely on leveraging digital connectivity to expand globally rather than on the physical movement of the good and fixed investments in the market.
Developments contributed to the rise of innovative business models:
Connectivity
Integration of people and businesses through digital technology is reducing the cost of acquiring data by enabling software features to deliver services to customers. The number of people connected to the internet is rising incredibly, while the number of connected devices is estimated at 21 billion by 2020.
Data Analytics and AI
Speedy advancements in data analytics and artificial intelligence are enabling companies to gain valuable insight into the global business and customers through the flow of data. This will give rise to employment for data analytics.
Digital Platform
The digital platform is fueling more than thirty percent annual growth in e-commerce, which is expected to reach $1 trillion by 2020. The concentration of buyers, sellers, and products on digital platforms lessens the cost of acquiring the customer base.
Industry 4.00
The new era of industrialization with advanced manufacturing capabilities such as- 3-D printing, advanced robotics, digital prototyping, and factory management systems are boosting productivity up to 30 percent and reducing the cost of labor.
Protectionism & State Capitalism
Protectionist barriers such as- tariffs, new procurement rules, and others are increasing the cost of cross-border trade. The increasing economic nationalism is forcing businesses to rethink their physical presence.
Connected & Mobile Consumers
Consumers are increasingly connected digitally. The rising popularity of pay-as-you-go business models is increasing for goods such as- automobiles, agricultural equipment, and aircrafts engines. These changes are altering demand and setting expectations for the products as well as services.
The emergence of New Business Models In Digital Markets
In digitalization, businesses interact with consumers through various web-based interfaces. The platform allows direct interaction with the end-users. It becomes challenging to classify the entire company into a specific type as digitized companies as they have more than one business line.
Multi-sided Platforms
Platforms that allow end-users to exchange and transact while leaving liabilities towards customers. Example- Uber, Airbnb, Amazon Marketplace, Facebook, Google, UberEATS.
Resellers
Businesses that acquire products from suppliers and resell them to buyers. In such a case, resellers decide the price of products. Example- Alibaba, Spotify, Tencent’s music distribution, Netflix.
Vertically Integrated Firms
Businesses with the ownership of suppliers integrate the supply side of the market. Example- Amazon e-commerce, Xiaomi, Huawei.
Input Suppliers
Suppliers of intermediary products use in production processes of goods or services in other firms. Example- Intel, Tsinghua Unigroup.
Cross Border e-Commerce users(millions)
The New Business Models
These business models take benefit of the technological developments that make it less expensive to reach customers and provide services. The following models are leading among companies that are succeeding in the new era.
Cross-border Servitization
Manufacturers relied on the physical selling of products, but due to rising trade barriers, it becomes hard to increase the market size. Thus, by focusing more on delivering digital services, manufacturers are generating new growth opportunities. The growth of IoT and advanced data analytics are driving this trend. Rolls Royce Totalcare program is one of the examples of servitization.
Asset Light Market Entry
Increased digitalization provides greater digital connectivity, Global IT platforms, and all aforementioned makes it easier for companies to enter new markets with fewer investments. For example, Xiaomi uses platform based partnerships. By teaming up with local E-commerce company- Flipkart, it entered the Indian market. By offering low-cost phones, Xiaomi captured 11 percent of India’s smartphone market with a sale of $1 billion in two years.
Global digital Systems
Global Digital Business ecosystems deliver the most reliable technology, featured products, and accelerate commercialization. Google android provides functions such as tools for managing workflow and coordinated manufacturing operations.
Global Personalization
Technology is helping companies to deliver personalized experiences through digital platforms directly to customer’s connected devices. Example- Starbucks has tuned AI algorithms to personalize offers, rewards, and recommendations to its customers based on their purchased history.
MediaFire is an online storage and collaborations company which focuses on providing the world an easy to use solution for managing their digital stuff online and on the go. MediaFire is available for iPhone, Android, OSX, Windows and Web and is the only online storage solution that offers unlimited downloads, download resuming, zero wait times and more all for free. MediaFire Business Model is what makes the company stand out.
MediaFire is known for file hosting, file synchronization and cloud storage service based in Shenandoah, Texas, United States. The company was founded in June 2006 by Derek Labian and Tom Langridge, the company provides clients software for Microsoft Windows, MacOS, Linux, Android, iOS, Blackberry 10 and web browsers. MediaFire has 43 million registered users and attracted 1.3 billion unique visitors to its domain in 2012.
There are more than 150 million people that use MediaFire every month in order to quickly and security store, organize and share all their personal and professional data in the cloud. MediaFire announced public access to its platform, API, and Developer Center, in July 2014. Along with documentation on the API, they also have a public forum and have released SDKs for Java, JavaScript, and Objective-C.
The features of MediaFire include up to 50 GB of storage which starts at 10GB and can increase as high as 40GB when various activities like installing mobile or desktop clients, or when sharing on Facebook and Twitter are done. In April 2014, MediaFire responded to reduced pricing from Google Drive by increasing its Professional Storage plan from 100GB to 1 TB and reducing its monthly price to US $2.50 per month.
Business account storage is shared across all sub accounts allowing for single billing and management of multiple users at a single company. Media Fire free account service does not require download activity in order to preserve files, and is often suitable as a backup only solution. MediaFire does not support free long term storage for free and inactive accounts.
The different plans mediafire offers
Client
Mobile – The cloud storage service company originally released Android (January 2013) and iOS (July 2012) clients based on the Appcelerator framework and updated them with native versions in 2014. The mobile apps provide importing of photos and video taken on the device and remote access to the contents of your MediaFire account.
Desktop – The MediaFire desktop clients, originally launched in November 2013, are available for macOS and Microsoft Windows providing file and folder synchronization with any MediaFire account. Additional features include file and folder sharing, notifications, screen capture and selective syncing. MediaFire desktop client software is available for the following devices: PCs running Windows XP, Windows Vista, Windows 7 and Windows8 or Mac OS X 10.7.
The public and private file sharing are supported through MediaFire. Private file sharing mainly consists of a user sharing directly to another user or a group of users and is done through importing contacts or email. The account holder is than able to control read or write permissions as per user basis.
Public sharing consists of a user getting a public link, which allows anyone with the link to download the file. MediaFire also supports sharing with one-time links, which are only valid for a single use. It supports both audio and video streaming through its online file viewer. MediaFire supports a variety of different file formats through its web based file viewer, such as
MediaFire offers an incredibly easy to way to share 200MB files for free with other people, the company has attracted employees at 86%of the Fortune 500 for sending files that are too large for e-mail. It offers unlimited downloads and file storage and if you want to upload larger files with long tern storage, you can pay $9 a month for a Pro account or $49 a month for a Business account.
But the company free file sharing solution can also be used easily for sharing copyrighted files, especially music with friends, relatives or anyone on the web. A google search for a song name an artist name and Mediafire for example will likely bring you to a copy of that file that can easily be downloaded from a MediaFire page.
MediaFire offers 2 subscriptions levels, Professional and Business. While all services offer additional features over the free services such as custom branding, detailed analytics, distribution through direct linking and more. The business services additionally offer multi user accounts and customized subdomains.
The subscriber can also cancel a subscription at any time with no obligation by visiting your settings page. After you cancel your subscription, your services will continue until the end of the period for which you have paid. When that period expires, your account will be returned to a non-premium account.
Mediafire handles all your file needs
Billing
When you sign up for a MediaFire service you are billed at the beginning of service delivery. Customers signing up for yearly service are billed for the initial 12 months of service at the time of signup. While MediaFire accepts all major credit cards. It also has money back guarantee from the date of original purchase. Users signing up for monthly and quarterly subscriptions are billed according to the day of the month when they signed up.
Advertising Benefits
Massive reach – Every month MediaFire receives over 345 million visits from around the world, with more than 60 million monthly US visits. Advertisements on Mediafire reach a vast portion of the Internet.
Audience Diversity – In order to reach the diverse audience with numerous interests. Within the US, it has visits have an average $47,000 household income. Out of the total number of visitors 85% of those visitors are age 18 to 54, while 53% of them are male. Other than exhibiting a generally high affinity for technology and media, our audience represents a cross section of the general population with wide ranging interests.
Engaged User Base Showing Steady Growth – Our users are actively engaged, spending an average 8 minutes per visit. That total nearly 2 million hours per day spent on MediaFire. More than 3.5 million Facebook fans have declared their approval and trust in the service we provide and word is still spreading. Our visitors have increased an average 85% year over year for the past 3 years.
MediaFire Terms of service prohibits the distribution of any copyright, trademark or patent, without the necessary licenses, rights, consents and permission to distribute the content. Distributing any content that violates the right of others and sexually explicit material are other examples of the company’s terms of service violations.
Unlike other competitors like Megaload, MediaFire don’t have a business that is built on copyright infringement. It is similar to other cloud based sharing services like Box.net and Dropbox, we’re a legitimate business targeting Professionals. Comparatively megaupload structure gives its users monetary rewards for uploading pirated content, which is not accepted by MediaFire.
MediaFire’s Customer Support team responds to potential violations of MediaFire’s Terms of Service and Privacy Policy. If you are reporting a potential violation, the person can send a support ticket and include a direct link to the Content. For the account holder, a confirmed report of a violation will result in account suspension. If you feel your account was suspended in error, contact our support department with detailed information for further evaluation.
Still don’t have a dream home of your own? Want a rental property? “Oops, this is not in my budget!” Have such issues? Don’t know where to find the best place to stay? Suffering from selling issues? Chill! why do you worry?
Magicbricks is a platform that would help you find the best Real Estate Properties in India. To date, this is the best property site in India. As per the latest reports, 50% of people live in their own houses, 30% stay on rent, and 13% stay in their parents’ house in India. The new generation doesn’t want to tie down themselves with heavy loans. So, few opt for rent as well. Buying and selling both are very easy to do jobs here. Want to know more right? Read the magickbricks success story below
Magicbricks is an online platform for both property buyers and sellers. The company is a division of Times Internet Limited. It’s a wholly-owned subsidiary of Bennett, Coleman & Co. Ltd. It also provides all sorts of source information about all the property related issues. Apart from this, There is a news section called Property Pulse which includes property news, home loans concerns, legal and taxation issues, expert opinion and analysis of the property trends.
Magicbricks – Founder And Team
Sudhir Pai is the founder and the CEO of MagicBricks. Before that, he was the head of the sales department at Times Group. He was also the Corporate Manager at Citibank. He has also served Hindustan Lever Limited and Marico Ltd as the Area Sales Manager.
Sudhir Pai, Founder and CEO at MagicBricks
He started his career from Wipro as the Technical Engineer. He pursued his education from Goa Engineering College. After that, he pursued an MBA in Marketing and Systems. From the Symbiosis Centre For Management and Human Resource Development.
Magicbricks – Business Model
Companies like Magicbricks, 99acre. They have got the same business model.
Their source of revenue includes charges for listing a particular property. This way is better than free listing.
MagicBricks charges the person advertising an amount for a premium listing of the advertisement for particular products.
There are various properties at MagicBricks. For them, they highlight the properties with different colours.
The company provides very good locality information with the actual locality photographs.
“Advertisements” is a very common word. Everybody has come through it once, twice, thrice or more than that. It collects money from the banners as well. Of course, it’s an online portal. It also collects money from the searches made. It provides a hell lot of facilities to its users. Details are already mentioned above. It also provides a feature. It is the luxury section of the website. Personalized services like the Vaastu, Astrology is also involved within it. Hence people need not waste money after these aspects. And the company earns in this way.
Magicbricks – Tagline, Slogan And Logo
The tagline of the company is “Property Sahi Milegi Yahin”. This is the current one.
The logo of the company uses a white background. There is a lettering, ” magic bricks”. It’s written in small letters.
Magicbricks Logo
Magicbricks – Funding And Investors
Property listings website MagicBricks has raised a sum of Rs. 30 crores from its parent company Times Internet Ltd. This fund will be used by the company to brand building initiatives. Product development and seller development activities will take place soon. The company says that it sees itself playing a much greater role of a consumer. With this money, more efforts will be put on the platform. They are also aiming towards having almost 85% of all the available properties to be listed on their site.
Magicbricks – Growth
The company has grabbed many customer’s eyeballs towards it. The Real estate portal MagicBricks has reported 74% growth in the second quarter. The first quarter saw a 48% growth. But the second one is enormous as mentioned above. The mobile app has hit more than five million downloads. It has made itself the one and only in its category to achieve the milestone. The company is experiencing high growth day by day. This was much awaited. As in the last three years, there was a slowdown in the growth process.
The top competitors of the company are 99acres, HOUSING.com, and commonfloor.com
99acres is the top competitor of MagicBricks. Compared to MagicBricks the company generated less revenue. It is $11.3 million for 99acres.
Housing.com is the second competitor of MagicBricks. It is headquartered in Gurgaon, Haryana, India. This company generates 104% the revenue of MagicBricks.
Commonfloor is one of the top competitors of MagicBricks. It is a private company founded in 2007. It is headquartered in Bengaluru, Karnataka, India. Compared to MagicBricks this company has fewer employees.
Magicbricks – Future Plan
The goal of the company is to bring a better workplace for its workers. With a major transformation. The workers occupy the maximum spaces. And the Senior Executives usually get glass cabins. But these things are going to change soon. Productivity would no longer be a mandatory issue. The company will be encouraging creativity a lot. Work styles and the workplace’s flexibility will be the fundamentals of the evolution. More technological things will be inserted into the app as well as the site.
ANSH MEHREY
