Professional Documents
Culture Documents
Acknowledgment
This interim report for our Final Year Project aims to bridge the gap between theoretical
We sincerely thank our esteemed advisors, Dr. Hasan Mehmood and Dr. Kashif Naeem, for their
invaluable support and guidance. Their encouragement and insights have been pivotal in shaping
Table of Contents
Executive Summary .................................................................................................................. 3
Services ....................................................................................................................................... 5
Organizational Design............................................................................................................... 8
Conclusion ................................................................................................................................ 29
Appendices ............................................................................................................................... 30
References ................................................................................................................................ 39
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Executive Summary
Process Outsourcing (BPO) firm committed to addressing the growing demand for skilled
outsourcing solutions. Digilancers has a diverse service portfolio spanning website automation,
extends its services to startups and SMEs struggling to balance quality work with budget
constraints. The firm's unique selling proposition lies in its ability to provide clients with a
The organizational structure will initially adopt a projectized approach to accommodate the
changing workload. After gaining prominent stability and success, it will transition to a hybrid
team structure.
The company is prepared to face threats, including intense industry competition, economic
instability, restricted client budgets, and the need for continuous adaptation to technological
changes.
BPO partner. The financial model projects a steady revenue increase over the next six months,
marketing mix.
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Problem Background
In today’s digital landscape, modern enterprises must stay updated with constantly changing
market trends and demand. The current dynamic of the business world’s cutthroat
agility, and access to a diverse global talent pool. (Lacity et al., 2011)
This transformation results in improved procedures, enhanced customer service, and reduced
operating costs, resulting in increased growth and profitability for enterprises. The need for rapid
online services is increasing for any business that operates in the digital atmosphere. However,
businesses lose their position in the digital landscape when they lack the necessary resources to
provide up-to-date services. Therefore, companies tend to outsource projects to BPO firms given
Introduction to Digilancers
Considering this ongoing demand, we are determined to provide BPO solutions to startups and
SMEs through our digital agency, which will be established during our FYP project. As startups
and SMEs struggle the most to keep the quality of work and budget aligned, we believe that our
BPO firm can cater to the demands of this market. Our company, named “Digilancers,” will be
established online. We will provide diverse services to our clients virtually through our website.
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Mission Statement
enhancing operational efficiency, fostering global growth, and creating lasting value for our
Business Objectives
● To achieve high client satisfaction rates through quality services and strong customer
broadening our clientele, and customizing our offerings to satisfy different consumer
demands.
● To build a strong brand reputation in the BPO industry via effective branding strategies,
● Maintain financial stability with prudent financial planning and risk management
Services
engagement and brand growth. increasing organic search ranks and traffic by optimizing
3. Consultancy Services: Providing expert insights and analysis to aid in strategic decision-
4. UI/UX Design: Crafting intuitive and captivating interfaces with a strong emphasis on
Digilancers is a one-stop solution that is uniquely positioned to target quality resource needs for
businesses seeking outsourcing services. Unlike conventional BPO firms, which usually have
specialized services in singular fields, our firm distinguishes itself by providing multiple services
under a single platform. These services include website design/development, digital marketing,
This approach yields several key benefits for our clients as it streamlines the outsourcing
process, offering companies the convenience of dealing with a trusted business partner for their
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different operational requirements. This setup fosters a higher understanding and collaboration
among our specialized teams, resulting in synergies that enhance overall operational efficiency.
Clients additionally have access to a united, cross-functional team already acquainted with their
to satisfying our client's diverse needs. This arrangement will allow us to enter into long-term
Digilancers is being established as a partnership under the Partnership Act 1932. This legal setup
was chosen for its flexibility and simplicity. This structure allows for collaborative management
1. Ease of formation
2. Fewer formalities
3. Management flexibility
4. Ease of dissolution
5. Tax benefits
A limited liability clause will be included in the partnership agreement to safeguard personal
assets, limiting each partner's liability to their investment and ensuring balanced decision-making
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power. This approach is essential for building a strong, adaptable business in the competitive
BPO sector.
Organizational Design
During the inaugural stages of our business development, we will adopt a projectized
Our approach involves recruiting specialized personnel as per the project requirements.
Leveraging their expertise and guided by the leadership of our team leaders (founding members),
we aim to deliver optimal services to our clients. As our firm progresses towards scalability, we
will transition to a hybrid team structure. This strategic change will ensure a balanced
framework.
Management Team
Our current team consists of the following founding members, each with their own unique skills
and expertise.
Our CEO, Mohsin Saeed, has vast experience managing teams to achieve targets and
communicate a company’s vision to its stakeholders. Mohsin will use his team and stakeholder
management skills to monitor the progress of Digilancers and build strategies to achieve our
Responsibilities
With over 2 years of experience in Digital Marketing, Zainab Aftab is well-equipped with
excellent SEO writing, SEM, Content Marketing, Social Media Ads, Copywriting, and email
marketing skills. With this diverse skill set, she will manage Digilancers' daily marketing
campaigns and lead the company to success with extensive marketing plans.
Responsibilities
● Branding and PR
● Promoting the company on socials and communicating the brand vision with our target
audience
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Our CTO, Usama Tariq, has over 2+ years of experience in web development, automation, and
design services by working with top software companies. His scope of work includes managing
Responsibilities
● UI/UX design
Being skilled in business operations management and customer relationship management, Afraz
Naqvi will be our COO. He will bring his unique public speaking skills and operational
Responsibilities
Our CFO, Umer Munir, is well-versed in business development and financial management. With
vast experience in financial portfolio management in Pakistan and international markets, Umer
Munir will use his expertise to oversee Digilancers's key financial activities.
Responsibilities
● Costing
● Budget Management
● Risk Management
● Business Development
The market research for launching our BPO firm reveals valuable insights about our company’s
potential value.
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The BPO industry is showing promising growth, with the market size projected to reach USD
708.84 billion by 2032, signaling an increasing demand for outsourcing services. Various factors,
including the ongoing digital transformation in businesses, the globalization of operations, and
the continuous pursuit of operational efficiency across industries, have contributed to this
In the BPO industry, diverse services are in demand, including IT, customer support, data
analytics, and HR operations. Customers typically seek BPO firms that offer a blend of cost-
effectiveness, technological expertise, and a proven track record of delivering quality services.
Technological Advancements
Technological advancements heavily influence the industry, focusing on integrating AI, machine
learning, and cloud computing into BPO services. Additionally, the rise of remote work has
spurred demand for virtual and digitally managed BPO services, reflecting the evolving work
environment.
BPO businesses are sensitive to global economic conditions and political changes, which can
influence outsourcing trends. Compliance with international standards and data protection laws is
also a crucial consideration, especially given the varying regulations across different regions.
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Competitor Analysis
Through our market research, we have identified the following BPO firms in Pakistan as our
The strategic one-stop solution and the focus on long-term client collaboration set Digilancers
competitors, making it a unique and attractive choice for businesses seeking diverse resource
solutions.
BITLogix
Strengths
Weaknesses
Strengths
Weaknesses
Ovex Technologies
Strengths
Weaknesses
Technupur
Strengths
Weaknesses
Outsource Tel
Strengths
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Weaknesses
Feasibility Analysis
Feasibility analysis for our firm has revealed the following insights:
The BPO industry is undergoing remarkable growth, with estimates suggesting that by 2032, the
market could reach a staggering USD 708.84 billion. This impressive surge in demand highlights
BPO firms provide adaptable solutions, particularly during economic uncertainty or global crises
such as the COVID-19 pandemic. This flexibility enables businesses to effectively adapt and
expand their operations following market fluctuations, ensuring the necessary agility to sustain
The rise of digital transformation and remote work has sparked a considerable surge in the
demand for BPO services. This shift highlights the growing importance of agility and
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technological proficiency in today's business landscape, which heavily relies on digital and
The demand for Business Process Outsourcing (BPO) firms is growing due to their valuable
benefits companies seeking specific skills like IT support, data analytics, and customer service.
By utilizing the diverse workforce of BPO firms, companies can enhance their capabilities in
Financial Viability
When it comes to launching a BPO firm, it's important to consider the significant investment
required in advanced technology, infrastructure, and skilled personnel. This ensures that we can
provide high-quality service to our clients. In the initial stages of our strategy, we aim to utilize
the expertise of our team members to offer services directly. However, to effectively manage
costs and ensure sustainability, we also plan to outsource certain projects to specialized
projectized teams. This approach allows us to strike a balance between financial constraints, such
as high salaries associated with full-time employment, while still being able to deliver a wide
range of services. Combining our in-house expertise with outsourced teams allows us to offer
diverse services without immediately needing a large full-time workforce. This provides us with
a flexible and scalable business model during the early phases of our growth.
Target Market
Through our research we have identified these businesses as our target audience:
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Most of the time, Small and Medium enterprises need full-package solutions that are easy and
cheap at the same time. These individuals constitute a perfect audience since they derive utmost
Startups
Startups usually need support in multiple areas like digital marketing, website development, and
business strategy. Digilancers offers a comprehensive solution that can be appealing to these
emerging enterprises.
E-commerce Businesses
E-commerce platforms and online retailers can greatly benefit from the wide variety of digital
services offered by Digilancers, particularly considering the crucial role that website
SWOT Analysis
Digilancers' website stands out with digital design and agency aesthetic, offering a responsive
experience across desktop, mobile, and tablet views. Unique website features but not limited to
include:
1. Integrated Contact Forms: These contact forms connect visitors' potential leads to
business owners via an email delivery system. so we can quickly respond to our client
2. Visitor Behavior Insights: With the use of Microsoft Clarity, the website administrators
monitors and understands visitor behaviors, providing valuable insights in the form of
3. Secure Email Delivery: SendGrid is employed for reliable and secure email
and more.
4. SSL Certificate: Digilancers.co is SSL protected, ensuring data encryption and robust
defense against breaches. Providing visitors with a sense of trust and reliability that this
5. User-Friendly Navigation: The design of the header in the top of the website prioritizes
ease of navigation, allowing users to explore the site effortlessly. Improving user
To differentiate our website, we are working on several key capabilities that make the website
1. UI Elements: With the use of innovative and engaging user interface elements to
enhance user experience. Becoming brand elements for recognition of the brand.
2. Fast Loading Speeds: Optimizing the website for quick loading,using fa icons in place
of SVG, AVIF format images (webP friendly) and seo optimized content, reducing
3. CDN Networking: renting caching space across all the regions of the world to utilize
Content Delivery Networks to ensure fast and reliable access to website content globally.
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4. Cache Plugins: Implementing caching solutions like WP Rocket combined with CDN to
5. SEO Optimized Content: Crafting content with SEO best practices and white hat
The figures in Appendix 1.1 showcase our website's current design and functionality. Following
best practices are used to make our website as per the current market standards:
● Responsive Design
● User-Centric Approach
● Minimalism
● Inclusive Design
● Interactive Elements
As part of our initial marketing efforts, Digilancers has started establishing a solid online
presence through key social media platforms, including Facebook, LinkedIn, and Instagram.
Currently, we are leveraging these channels to organically market our business with a keen focus
on building brand awareness and engaging with our target audience. This approach allows us to
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lay a strong foundation for our digital footprint. Over the next six months, these platforms will
play a crucial role in our marketing strategy. We plan to amplify our efforts on these channels,
through paid marketing campaigns. The figures in Appendix 1.2 are the prototypes for the posts
As part of our ongoing business development initiatives, Digilancers is currently securing three
prospective clients for our service platform. We are at an advanced stage of negotiations with our
inaugural client, Datalytiks. We are nearing the finalization of our agreement, marked by signing
Over the coming six-month period of our Final Year Project, we plan to strategically utilize
freelancing platforms such as Upwork and Fiverr, alongside our LinkedIn account and various
digital media channels, to expand and diversify our service portfolio. This approach is
specifically designed to target and cater to the needs of small-scale businesses. We are confident
that these efforts will significantly contribute to achieving a high customer success rate, as these
platforms provide an ideal avenue to connect with our target market and showcase our
Operations Plan
● Present a custom-made service plan and timeline that aligns with the client's goals.
● Sign an MOU for project duration, while protecting the rights of both parties.
Project Work
● Employ project management tools such as Gantt charts and collaborative platforms.
● Use kanban board tools like Trello, Asana, Monday, etc, to manage the workflow.
Marketing strategy
Marketing Mix
Product:
expertise.
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Price:
● Design customizable and flexible pricing models tailored to the changing needs of
Place:
Promotion:
● Execute Search Engine Optimization (SEO) strategies to enhance the website’s online
● Set up a strong presence on major social media platforms (LinkedIn, Twitter, Facebook)
● Share valuable content, industry insights, and success stories to position Digilancers
● Creation of a content calendar with blog posts, whitepapers, and case studies displaying
Digilancers' expertise.
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● Host webinars and virtual events conveying challenges and solutions of the industry.
Accomplish key performance indicators (KPIs) to evaluate the success of digital marketing
strategy:
● Website Traffic
● Lead Generation
● Conversion Rates
Financial Model
Digilancers’s financial model is mapped out to evaluate and explore the financial performance of
Costs Breakdown
Starting a business like Digilancers requires careful planning and strategic investment.
Allocation of resources is critical in laying the groundwork for success. The figure in Appendix
This will include the cost of tools and equipment like workstations necessary to provide
our services.
● Legal Fees:
This will include the costs incurred in the registration of the company and costs
● Marketing Cost:
Social media ads, Google ads, and content creation costs will be a part of this cost.
● Internet Cost:
Expected Revenue
As in Dilgilancer, we will provide services (Web development and Search engine Optimization),
and clients will be liable for paying PKR.40,000 for these services. For Business Development,
our organization will charge 10% of the project ($50 for a project worth $500). The calculated
revenue description below for the 6-month period (December 2023 - May 2024) is given in
It is to be noted that all the costs related to tools and licenses (web domain, hosting etc.) will be
incurred by our clients due to which those costs are excluded from estimated costs. The revenue
calculations and cost estimations explicitly depict that the Digilancers will be able to secure a
Payback Period
The monthly revenue will be PKR.50,000.00 (300,000/6). The estimated Payback Period can be
analyzed below:
This illustrates that Digilancers will be able to cover the invested amount in the span of 5
months.
The Profit and Loss Statement of Digilancers is attached below in Appendix 1.5. It projects a net
profit of PKR. 179,550 for the six-month period. The tax expense accounts for 0.25% of EBIT.
Digilancers expects to achieve the target of PKR.700,000 by the end of the year 2024 with up to
10 clients onboard. The revenue projections for 2024 are illustrated below in Appendix 1.6.
Conclusion
In conclusion, this interim report covers the significant advancements made by Digilancers in its
journey to become a leading Business Process Outsourcing (BPO) firm. Our commitment to
service portfolio, tailored to meet the unique needs of startups and SMEs. Our projectized
organizational structure aligns with our scalability goals. Despite facing challenges such as
intense competition and economic instability, our strategic positioning, effective operations, and
well-executed marketing mix project a promising future. With a keen focus on client satisfaction,
market expansion, and brand recognition, Digilancers is on a path to significantly impact the
BPO industry, driven by a team of dedicated professionals and a clear vision for global growth
Appendices
Appendix 1.1
Appendix 1.2
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Appendix 1.3
Appendix 1.4
Appendix 1.5
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Appendix 1.6
References
Lacity, M.C. et al. (2011) Business Process Outsourcing Studies: A critical review and Research
https://pakistancode.gov.pk/english/UY2FqaJw2-apaUY2Fqa-a5ab-sg-jjjjjjjjjjjjj-con-14246
50+ BPO Statistics & Trends & Facts in 2023 (2023) Shortlister. Available at:
Market research reports & consulting firm (no date) Precedence Research. Available at:
https://www.precedenceresearch.com/business-process-outsourcing-
Anthony Villanueva Last updated: July 14 et al. (2023) Top 25 BPO companies in
https://www.outsourceaccelerator.com/guide/top-bpo-companies-in-pakistan/ (Accessed: 11
December 2023).