Hi there, we'll take this one step at a time!
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!
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)
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!)
Lokal is a one-stop platform for all your local needs. We deliver hyperlocal news in vernacular languages—covering towns and districts that no other publisher reaches. Alongside news, we offer classifieds for jobs, real estate, buy & sell, and matrimony.
We empower local content creators to share real time updates from their neighborhoods, which we fact check and publish. Lokal also helps brands expand their reach into Tier 2+ cities through our trusted network.
Whether you're looking to stay informed about your locality, find job opportunities, or explore matrimonial matches within Rs.1/day—Lokal keeps you connected to what truly matters around you.
(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)
(Put down your ICP’s in a Table Format. A tabular format makes it super clear for anyone to understand who your users are and what differentiates them)
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 an ICP prioritization table)
Criteria | ICP 1 | ICP 2 | ICP3 | ICP4 |
---|---|---|---|---|
Adoption rate | high | high | low | high |
Appetite to pay | low | high | low | medium |
Frequency of use case | high | medium | high | high |
Distribution potential | low | high | low | high |
(Before you begin, you need to know what your product is, what are its features, what is the problem being solved by your product?)
(Build your core value proposition by exact what your product does and what problem are you solving)
For individuals who want to stay informed about what’s happening in their towns and neighbourhoods, Lokal is the hyperlocal platform that delivers real-time local news and trusted community classifieds covering jobs, real estate, matrimony, and more so you’re always connected to what matters around you.
(Let's begin by doing a basic competitor analysis in a tabular format considering all the parameters for your product and its competitors)
(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)
Lokal as a news subscription model (Vernacular+Tier 2+ cities)
Overall smartphone users: 350M
Assuming 5% shows interest in news subscription: 17.5M
ARPU: Rs.365
TAM = 17.5*365= Rs.638 Cr
SAM = TAM x Target Market Segment (percentage of the total market)
30% users hail from Tier 2+ cities
SAM= 638cr*30%= Rs.191Cr
SOM = SAM x Market Penetration/Share
SOM= 191Cr*25%=Rs.47Cr
Trends | Insight |
---|---|
Digital News Consumption Rising | Over 450M Indians consume digital news; large share from non-metro regions. |
Shift to Vernacular | 9 out of 10 new internet users prefer content in regional languages |
Bundling & Subscriptions | Growing comfort in paying for quality content (OTT, news apps, fintech, etc.) |
Classifieds Going Local | Real estate, jobs, and matrimony categories are seeing micro-local discovery models emerge. |
Tailwind | Insights |
Smartphone & Data Penetration | Affordable data and 4G/5G growth in rural and Tier 2/3 cities. |
Political & Civic Interest | Increased demand for constituency-level updates, especially around elections. |
Lack of Alternatives | No major player delivering verified, structured local news at constituency level. |
(keep in mind the stage of your company before choosing your channels for acquisition.)
Channel Name | Cost | Flexibility | Effort | Speed | Scale |
---|---|---|---|---|---|
Organic | low | low | high | low | low |
Paid Ads | High | high | low | high | high |
Referral Program | low | high | high | low | low |
Product Integration | low | high | high | high | high |
Content Loops | low | high | low | high | high |
(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 → Conduct keyword research on Google, Amazon, Youtube, Quora etc.
Step 2 → Collate all your insights from all your searches.
Platforms: Google,YouTube,Gemini
(Keep it simple and get the basics right)
Step 1 → Nail down your content creator, content distributor and your channel of distribution
Step 2 → Decide which type of loop you want to build out.
Step 3 → Create a simple flow diagram to represent the content loop.
1. News Contributors:
This creates a self-sustaining ecosystem where both content creation and distribution are driven by users.
─────────────────┐ ┌─────────────────┐ ┌─────────────────────┐
│ CONTENT │ │ DISTRIBUTION │ │ GROWTH & │
│ CREATION │──────▶│ CHANNELS │──────▶│ RETENTION │
└─────────────────┘ └─────────────────┘ └─────────────────────┘
▲ │ ▲
│ │ │
│ ▼ │
┌─────────────────┐ ┌─────────────────┐ ┌─────────────────────┐
│ User Writes │ │ Shares on │ │ More Users Join │
│ News/Listings │ │ WhatsApp, │ │ (Organic Growth) │
│ (Motivated by │ │ Telegram, etc. │ │ │
│ Visibility) │ │ │ │ │
└─────────────────┘ └─────────────────┘ └─────────────────────┘
▲ │ ▲
│ │ │
│ ▼ │
┌─────────────────┐ ┌─────────────────┐ ┌─────────────────────┐
│ Readers Engage │──────▶│ Viral │──────▶│ Platform Becomes │
│ (Views, Leads) │ │ Spread │ │ Self-Sustaining │
└─────────────────┘ └─────────────────┘ └─────────────────────┘
(For B2B companies, if referral does not make sense you'll take a crack at a partner program for your product)
Step 1 → Flesh out the referral/partner program
Step 2 → Draw raw frames on a piece of paper to get the gist.
(Don't spend a lot of time on design. This is for you to communicate how the referral hook will look)
Target Segments:
Mechanism:
Objective:
Create a "one-to-many" growth loop by empowering creators to bring in other creators, fueling content supply.
Target Segments:
Mechanism:
Referral Rewards (customized by category):
we hope this helped you break the cold start problem!
Reminder: This is not the only format to follow, feel free to edit it as you wish!
(Understand what is already being done, what is working out well and what needs to be stopped)
Step 1 → Define the CAC: LTV ratio. If your product has a healthy CAC:LTV ratio, proceed with paid ads.
Step 2 → Choose an ICP
Step 3 → Select advertising channels
Step 4 → Write a Marketing Pitch
Step 5 → Customize your message for different customer segments to ensure relevance
Step 6 → Design at least two ad creatives (e.g., images, sketches, videos, text ads) that reflect your marketing pitch.
Step 1 → Define the CAC : LTV Ratio
Step 4 → Write a Marketing Pitch
We’re revolutionizing how millions consume information by combining local news, jobs, matrimony, and real estate updates into one seamless app all for just ₹1 a day saving users time, frustration, and money.
Step 5 → Customize your message for different customer segments to ensure relevance
News
What never to do if you want to stay truly informed about your local community.
Most people rely on generic news apps that flood their feeds with irrelevant stories, missing critical local alerts and updates.
Ignoring the right local news puts you at risk of missing emergencies, community events, and opportunities right in your neighborhood leaving you out of the loop and vulnerable.Lokal changes everything by delivering only the news and alerts that matter to your community. Stay informed, stay safe, and never miss a moment again all with one easy-to-use app
Jobs: Looking to hire quickly in your area? Post your job on Lokal and connect with verified candidates nearby. Fast. Easy. Hyperlocal.
Seeker: Searching for a job near you? Explore daily job listings in your town on Lokal — no agencies, no hassle, just local opportunities.
Buy and sell: Got items to sell? Reach 1000s of local buyers on Lokal today. From furniture to electronics — just click, post, and sell.
Matrimony: Find the right match for your loved ones in your own community. Lokal helps you connect with genuine, nearby profiles.
Ad creatives
(Understand, where does organic intent for your product begins?)
Step 1 → Identify complementary products used by your ICP
Step 2 → Use the selection framework and compare the potential integrations it in a tabular form.
Partners | Product | Uses |
Integration Partner 1 | Paytm | |
Integration Partner 2 | Resume builder | |
Integration Partner 3 | Adhaar Esign | |
Integration Partner 4 | Logistic |
Step 3 → Collaborate with necessary stakeholders
Step 4 → Map the customer journey
Step 3 → Design the wireframe with the new integration
Step 3 → Run pilot tests before launching
Step 3 → Measure post-integration metrics
Brand focused courses
Great brands aren't built on clicks. They're built on trust. Craft narratives that resonate, campaigns that stand out, and brands that last.
All courses
Master every lever of growth — from acquisition to retention, data to events. Pick a course, go deep, and apply it to your business right away.
Explore foundations by GrowthX
Built by Leaders From Amazon, CRED, Zepto, Hindustan Unilever, Flipkart, paytm & more
Crack a new job or a promotion with the ELEVATE
Designed for mid-senior & leadership roles across growth, product, marketing, strategy & business
Learning Resources
Browse 500+ case studies, articles & resources the learning resources that you won't find on the internet.
Patience—you’re about to be impressed.