Acquisition project | Ambitionbox
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Acquisition project | Ambitionbox

Elevator Pitch

Hi there, we'll take this one step at a time!

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If you struggle with a blank canvas, use this boilerplate to start. Remember, this is a flexible resource—tweak it as needed. Some sections might not apply to your product and you might come up with great ideas not listed here, don't let be restricted.

This is not the only format, we would love to see you scope out a great format for your product!

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Go wild and dive deep—we love well-researched documents that cover all bases with depth and understanding.


Refer to the project brief and the additional resources before you begin this project!
(Go through them at least 3 times or till the time you don’t have a mind map in your brain)

Let’s begin

It's time to kickstart the project by taking a crack at building your Elevator pitch.

(Think of this as an introduction to your product- make it remarkable!)

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Elevator Pitch for Ambitionbox


Making a wrong career move is costly - both in time and mental peace. Ambitionbox helps you take an informed decision with real employee reviews and salary insights, so you know what exactly you are getting into. Think of us as your friend on the inside who tells you how it really is - from the actual work culture to the real salaries. With over 1 million+ company reviews and salary insights across India's top organizations, we help professionals make informed career decisions with confidence. Unlike tradition job portals or recruiter pitches, we give you the unfiltered truth from people who've actually worked there. Ready to make your next career move with confidence? Visit AmbitionBox to get the inside scoop."





Understand the user

(Go and speak to different users of the product and the people in the chain: households buying the product, shopkeepers selling the product, churned users, and users using competitor's products. In the case of B2B products identify the decision makers, the influencer, the blocker, and the end-user)


Understanding your ICP

(There are separate tables for both B2C and B2B products, put down your your ICP’s in a Table Format, use this as a reference.
This table makes it super clear for anyone to understand who your users are and what differentiates them)


B2C Table



Fresher (ICP 1)

Entry-Level (ICP 2)

Mid-Level (ICP 3)

Senior Level (ICP 4)

Leadership (ICP 5)

Name

Siddharth Kapoor

Samanway Sahani

Vishnu Khanna

Neelima Kapoor

Manish Jain

Age

22

24

31

42

47

Gender

Male

Male

Male

Female

Male

Location

Noida

Faridabad

Noida

Noida

Delhi

Education

BBA

M.Design

MBA

Bachelor of Planning

B.Tech Computer Science

Designation/Department

NA

Junior Product Designer

Community Sales Manager

Backend Software Engineer

VP - Data Engineering

Company

NA

Ecommerce Startup

IWG Plc

iKhokha Pvt Ltd

Airtel Africa

Income

< 1 lac (Pocket money)

> 6 Lacs

> 8 Lacs

> 40 Lacs

> 80 Lacs

Relationship Status

Single

Single

Married

Married

Married

Lives with

Family

Single. Travels to family on weekends.

Family

Family

Family

Where do they spend time?

Gaming: 20 hours, Hanging out with friends: 20 hours, OTT - 20 hours, Career Related Videos. 

Work - 50 hours, Career Related Content (Youtube and Others) - 20 hours, OTT - 20 Hours

Work: 40 Hours, OTT - 14 hours, Workout - 10 Hours, Rest spending time with family. OTT

Work ~ 40 hours, Meditation - 14 hours, Spending time with Son - 20 hours, Cooking - 7-10 hours, Workout - 4-5 hours

Work - 50 hours, Spending time with family - 10 hours, Cooking - 5 hours, Reading - 4 hours, OTT - 5 hours

What are their interests?

Watching web series, Hanging out with Friends

Design and HCI related content, Automobile related technical content

Fitness, Leisure time with family, watching web series on OTT

Meditation, Reading fiction books, spending time with family

Cooking, Reading history books, war stories, Autobiobgraphy

Career level (Entry/Mid/Senior/Leadership)

Fresher

Entry

Mid-Level

Senior

Leadership

When did they last change job? 

NA

July 2024

Feb 2023

September 2023

April 2020

How did they get to know about the job? 

Still searching on Naukri, LinkedIn and Walk-ins (from Friends)

Through internship network

Naukri.com

Arc.dev

Referred through a friend

Number of jobs changed

0

1

4

9

6

Which websites/apps do they use to search for jobs?

Naukri, Hirist, LinkedIn.

LinkedIn, Naukri (sometimes through Google)

Naukri, Consultants (through Naukri). Doesn’t search LinkedIn

Remote Jobs Portals - Mainly interested in remote jobs, Upwork, Wellfound, LinkedIn

LinkedIn. Through network

What all research do they do before applying? 

Job Description mainly

JD, Company page on LinkedIn, Google Search 

Job Description, A little about the company

Only after I receive the interview call

what kind of team is it? Do I have any common connections, Company website - Products, History of company

What tools do they use for the research? 

Mainly Google

-

Mainly Google

Company website, LinkedIn page

Mainly LinkedIn,friend network

Any specific websites that they go to to know more about the company? 

Search on Google

Google, LinkedIn

Ambitionbox, Glassdoor (He feels its not specific to India and doesn’t have reliable information about India)

Glassdoor, Ask friend and former colleagues

Company website

How do they know they are getting the salary as per their experience level? 

Salary is not a big consideration. 

Not focussing too much but search for “UX Designer Salaries”

Google for “Salary for Community Manager”. He feels the salary will always be lower than what is mentioned online. 

I only look at if I am getting a sufficient rise from my existing pay

For Senior roles , there is no reliable information. Mostly negative information or company written information.

What research do they do once they get the job offer? 

Whether the company is a genuine company? How many employees? How is the work culture. 

Didn’t find any need till now

How old is the company? Financial strength of the company? No. Of Employees?

Mainly Culture and Work-Life Balance, Role

Who is their team lead/CEO, Culture of the company.

Top 3 criteria they look at before joining the company

Whether I am getting valuable experience, Benefits, Salary

Experience and Exposure to Good Work, Composition of Team on LinkedIn

Salary, Work-Life Balance, Benefits, Amenities

Work-Life Balance (even while looking at Culture), Salary

Culture, Professional work environment, Respect for work, Role and impact of work, Benefits.

How do they get to know more about the culture of the company?

Search on Google, Read updates LinkedIn page of the company. 

Through Friends till now, LinkedIn, Google

I don’t think any tool is able to give information about the culture of the company and the team. You only get to know once you join. 

Google For Company Culture, Company website, Check Glassdoor for reviews from former employees

Through the network - existing or former employees.





We have multiple users of a product and not all of them can be our ICP for whom we make our strategies, we need to prioritize.
(use this ICP prioritization table)

Fresh graduates tend to have different priorities. They're primarily focused on interview preparation and understanding potential role responsibilities, with compensation and culture playing a less significant role in their decision-making process.

At the senior and leadership level, while professionals do value insights about compensation and culture, they predominantly secure roles through their professional networks. This makes sense given their years of industry experience and established relationships.

This positions the entry and mid-level segment as particularly well-aligned with our platform's offerings. They're at a career stage where they actively research companies, care about both culture and compensation, and make considered decisions about their career moves. This segment demonstrates the strongest engagement with the type of information that we provide - basically all three - Interview questions, salary, culture.



Criteria

Adoption Rate

Appetite to Pay

Frequency of Use Case

Distribution Potential (Creating User Content)

Fresher (ICP 1)

Moderate

Low

Medium

Low

Entry (ICP 2)

High

Low

High

High

Mid Level (ICP 3)

High

High

High

High

Senior (ICP 4)

Moderate

Low

Low

Low

Leadership (ICP 5)

Low

High

Low

Low









Understand the product

(Before you begin, you need to know what your product is, what are its features, what is the problem being solved by your product?)​

​Understanding Core Value Proposition

(Build your core value proposition by exact what your product does and what problem are you solving)

For ambitious professionals who want to plan their career progression, AmbitionBox is a career intelligence platform that helps you make your next career move confidently by providing comprehensive insights - from interview preparation and verified employee reviews to salary data and culture information.




Understand the market

Factors

Glassdoor India

Indeed India

LinkedIn

Competitor 4

What is the core problem being solved by them?

Glassdoor was created to bring transparency to workplace information - salaries, company reviews, and interview experiences - when this data was typically kept secret. They required users to contribute content to access others' reviews, creating a self-sustaining content loop.

Indeed's main insight was that job search was fragmented across many sites, making it inefficient for job seekers. They built Indeed as a search engine that aggregated jobs from various sources into one searchable platform - essentially becoming "Google for jobs."

LinkedIn is a professionals network where users can showcase their work experience, connect with colleagues and other professionals, discover job opportunities, and manage their career growth - all through a platform that serves as their professional identity online.


What are the products/features/services being offered?

Company reviews, Salary information, Job portal, Interview questions

A global job portal cum crawler, company reviews

Professional identity, Company page, Jobs, Company insights, Updates from your professional network.


Who are the users?

White collar indian professionals with 1-10 years of experience

White collar indian professionals with 1-10 years of experience

White collar social professional network focussing worldwide on connecting professionals.


GTM Strategy

The platform launched in 2008, focusing first on salary transparency and later expanding to company reviews, interview experiences, and job listings. Glassdoor was acquired by Recruit - Indeed's parent company) in 2018.

They have integrated with global applicant tracking systems and mainly get the job data from the ATS. The company reviews revolves around the job ecosystem.

High active users because of professional content and network.


What channels do they use?

Mainly SEO and Cross partnership with Indeed.

Mainly SEO. Cross linking with company pages on various ATSs.

Mainly social by inviting your phonebook and email contacts (discontinued now), apps, notifications. Very high retention rates.


What pricing model do they operate on?

Free for both jobseekers and employers. Employers can manage company page and post company updates. The jobs posted on indeed automatically get posted on glassdoor.

Indeed works on price per click model. The company charges the employers on the basis of clicks the jobs has received.

Multiple products with tiered pricing.


How have they raised funding?

Acquired by Recruit




Brand Positioning

Transparent company information

A global job crawler with highest number of jobs.

A professional social network


UX Evaluation

Clean UX. Easy to navigate. Doesn't look modern enough.

Mainly text based. Feels broken, outdated, doesn't look trustworthy enough.



What is your product’s Right to Win?

India focussed content is more. They have both global and indian content so job seekers do not get a good idea of how is the work culture of indian counterpart different from global.

Indeed is a global job portal. The indian jobs are considerably lesser. Hence the content related to company details, salary also is much lesser.



What can you learn from them?






(Then let's try to understand the market at a macro level and evaluate the trends and tailwinds/headwinds.)

Now it’s time for some math, calculate the size of your market.

TAM = Total no. of potential customers x Average Revenue Per Customer (ARPU)
SAM = TAM x Target Market Segment (percentage of the total market)
SOM = SAM x Market Penetration/Share










If your product is in mature scaling stage

Designing Acquisition Channel

(keep in mind the stage of your company before choosing your channels for acquisition.)


Organic - The organic channel has been a successful acquisition source. Users primarily search for company information, salary data, and interview experiences. While some basic information is freely available, most valuable content requires registration. This strategy effectively converts visitors into registered users who can then be engaged through targeted email updates. Given its success, it would be strategic to further invest in and scale the organic channel.


Content Loops - There is a huge user generated content loop which is helping the website/app gather information. The users who look for information on ambitionbox are asked to post their own company review/salary information/interview questions anonymously. We can again exploit this loop further by looking for opportunities to improve this further.


Product Integration - Being backed by Naukri has provided significant advantages. The platform benefits from relevant backlinks from Naukri and other InfoEdge group websites, boosting domain authority. Additionally, Naukri's job description pages integrate Ambitionbox's company ratings and reviews when available. There's potential to deepen these integrations and identify other quick wins within the ecosystem.


​

Channel Name

Cost

Flexibility

Effort

Speed

Scale

Organic

​Low

Medium

Low

Medium

High

Paid Ads

High

High

Low

High

Low

Referral Program

Low

Low

Medium

Low

High

Product Integration

Low

High

Medium

High

High

Content Loops

Low

Low

Medium

High

High



Detailing Organic Research

Organic Channel

(Understand the existing organic channel strategy for your product and highlight the success and failure thereon.
Provide your suggestions and devise new strategies.)

Step 1 →

Interview questions related keywords:


Below is a list of keywords where ambitiobox is ranking in top 3 results. If you look closely, the patten seems to be "Company Name" interview questions. There are keywords where the patten is "designation" interview questions.

image.png

Here are the keywords where we are not ranking well for "designation" interview questions. We are in position 4 to 10 and have a keyword difficulty of less than 30. These should be the ones we could easily target. This would also give us authority to rank for other designations.


This could be easily achieved through this web page by internally linking these pages better.


image.png

Salary related keywords

A similar pattern is seen in salary keywords data as well. We rank in top 3 mostly for salary related keywords where there is a company name mentioned -- "company name" salary

image.png

We do rank well for certain "designation" salary keywords but there could be a good opportunity to rank on those keywords since those are shorter tail compared to "company" salary. Below are the keywords where KD < 30 and we rank between 4 and 10 for these keywords.


image.png

Detailing Content loops

Content Loop

(Keep it simple and get the basics right)

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Step 1 →

Currently the content loop has been implemented on the web/app in the following format:

Content Creator: Users who come looking for salary information, company reviews, interview questions or companies in a particular area.

Content Distributor: Through SEO and partner integrations.


Step 2 →

However the website/app just assumes that some people would click on the 'rate your company' or contribute to the salary or interview related information. We need to create an incentive mechanism so that more users could add the information. These can be done through following ways:


1 - Change the text to 'Pay it forward -> Rate your company' instead of just rating the company.

2 - Show views and upvotes on the information contributed by the user.

3 - Send mailers to the contributors similar to what google maps does to tell them how their content is contributing to helping others make better career decision.


Step 3


Ambitionbox mailer.png


Detailing Product integrations

(Understand, where does organic intent for your product begins?)

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Step 1 → Identify complementary products used by your ICP

Since the users search for company and salary information during the active job search process only, it makes sense for ambitionbox to have a much deeper integration with Naukri.

Since ambitionbox is a Naukri owned company only, it will be beneficial for both the products to:

1 - Collate more company and salary data through ambitionbox.

2 - Display the data anonymously on the naukri job description pages so that users can take an informed decision on which companies they are applying to.


This can also have some initial resistance from the employers/company representative, however this will be good in longer term for the employers to engage on ambitionbox platform and manage their employer brand. This seems to be less of concern now since I see Naukri already displaying the company ratings on the naurkri platform (being fetched from ambitionbox)


Step 2 → Use the selection framework

Channel Name

Time to go live

Tech Effort

New users we can get (monthly)

New Users we can get in Month 1

New Users we can get in Month 2

New Users we can get in Month 3


Naukri Registration Funnel

​30 days

Medium

With 5% conversion we can get

22500 company reviews





Naukri Profile Modification

​30 days

Medium

With 2% conversion we can get 2

40000 company reviews











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Step 4 → Map the customer journey

1 -- Users signups on Naukri and creates a profile --> Since the user is already giving a lot of information about the profile by filling in details, taking company review about her previous employers is easy --> We can easily ask her to give ratings (optional since its not the main reason for her to register) and if she decides to give a rating, we can ask for more information using a popup.


2 -- Users logins to Naukri and modifies her profile after a while to restart her job search journey --> The profile modification page can option for the user to give ratings, very similar to the registration flow.


Step 3 → Design the wireframe with the new integration


Partner Integration - Naukri - During Profile Modification.jpeg


Partner Integration - Naukri - During Profile Registration.jpeg

Step 3 → Run pilot tests before launching


Step 3 → Measure post-integration metrics

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