Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do.

There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Friday, 1 September 2000

BUSINESS MODEL / REVENUE MODEL


RecruitGuru proposes to adopt following business model:

A. Corporates , Placement Agencies and Jobsites

RecruitGuru will make available to corporate (end-employers),placement agencies ( middlemen) and to jobsites, its GuruMine / GuruSearch software/ applications through a licensing agreement.

These software /applications will be installed on the local servers of “Licensees”.

For use of these software / applications, licensees will pay to RecruitGuru (the licensor) a certain amount for each resume processed / extracted using GuruMine, subject to a minimum monthly charge. Once-a-month, each licensee will upload onto RecruitGuru’s  webserver, the "Counter-statistics", of the no. of resume processed during the month, based on which, RecruitGuru will invoice the concerned licensee.

This arrangement, being a “pay-per-use” and “pay-when-use” is ideally suited for small / medium enterprises, which are most reluctant to make a heavy upfront investment (often running into lakhs of rupees), for a software application whose utility / usefulness/ benefits are vague and unknown at the time of purchase.

In our case, there is no upfront payment for these software (except for a small installation / activation charge). He pays only if he uses these software. And he is certainly not going to use these, unless he sees / feels clear benefits in using !

Again, a licensee only pays for extraction (i.e. GuruMine ) of each resume.
A licensee gets to use Guru Search (search software) absolutely FREE! So, even if he stops using GuruMine, he still gets to use GuruSearch, absolutely FREE.

Everytime Recruitguru, introduces, a new version of GuruMine/ GuruSearch, it will intimate the licensee, who can then download the latest version from RecruitGuru.com upon payment of a nominal “UPGRADE” charge.

Since, a licensee’s resume database, reside on his own local server, he has no worry / fear of unauthorized ‘access’ from a third party. He can install his own Data Security measures. This will vastly increase the acceptance-level of GuruMine / GuruSearch amongst the licensees.

Once again, by making our revenue-model “pay-per-use”, at a very nominal charge (per resume extracted), - by not having any upfront fee/ charge-we plan to increase its acceptance amongst a large no of small / medium size companies, whose daily processing may be 100 / 150 resumes. Even they would find it very economical to install / use GuruMine / GuruSearch.

We believe, GuruMine / GuruSearch will be of considerable importance to placement Agencies and Jobsites, who are constantly on look- out for better ways to satisfy their corporate clients.

In relation to Placement Agencies and jobsites, which deliver to their corporate clients, plain text / unstructured / unsearchable resumes, those placement agencies / jobsites which deliver

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