2017 begun for team Partcosting (before CADirect) differently than '16 ended. Firstly, they rebranded and secondly, part of the team lives now in Manchester to take on accelerator Ignite challenges. We wondered, they answered.
You have re-branded CADirect just before leaving Estonia, why?
Leaving Estonia was not necessarily the reason for our rebranding, however getting everything sorted before was quite important. A few reasons we have chosen to rebrand are similar names already in the industry, .com availability, but most importantly our new name: Partscosting, immediately tells our target audience what we do. It was hard leaving CADirect behind as we had grown to love it but we had checked with our market to ensure our rebranding was viable and had made the choice to rebrand.
How did the re-branding in startup look a like? Usually in a corp. it’s a 1-2 year process.
The later you rebrand the harder it is. The obvious hard process includes the change in name, logo, and any other immediately visible descriptions a client may see. But after the new brand has been developed then comes the most tedious work: redoing SEO, changing and updating email addresses, new business cards, company registrations, updating all other print materials and much much more. The process took about 2-3 weeks: from the time we thought about rebranding to get most of our information updated, time that could be spent elsewhere. If you think you will need to rebrand do it as early as possible!
So from Monday you are relocated to Manchester to be part of Accelerator Ignite. How do you determine if an accelerator is worth it?
Choosing an accelerator these days is a difficult one because new accelerators are popping up monthly. Our decision was based on: the accelerator being in a regional target market for us; the accelerators network; any similar ideas or companies that have successfully gone through the accelerator; and of course talking to experienced persons who know about the accelerator. Big thanks to Calum Cameron, and other startups who have gone through the accelerator. In the end the accelerator can be a huge waste of time if you don’t make the best of it. Don’t waste your time.
Your biggest expectations for 13 weeks?
We don’t necessarily have any expectations coming from the accelerator, its up to us to take charge, get situated in a new market and then take over the new market.
Your next steps in first 2 weeks?
I am sure the first week will be filled with nonsense administrative work and just overall getting accustomed to the new environment and program. However as it's a new market we need traction. A lot of sales and contact with potential clients within the first weeks.
Being a Telia Estonia startup lab, Vunk has helped companies partner with Telia to improve their offering and get access to the market. Vunk ran an accelerator for 2 years and pivoted to Collaboration framework this Spring.
e-Commerce to us is also anything
and everything transactional and dynamic – it is about enabling our customers
to complete purchases, subscriptions, manage their services and get help to
their questions in our digital channels just as they do in our stores – 24
hours a day, 365 days a year. Read more »
Tackling SmartCities and Digitalization
IoT for Telia has become the cornerstone for innovation. It is now time transform it into a more concrete framework, where there are more opportunities for partnerships. At VUNK, we look for companies offering state-of-the-art IoT services, are intelligently tackling SmartCity problems and offering value to their SME and B2B clients. Read more »
Technology today allows us to track our
activities, sleeping hours, nutrition intake, as well as, monitoring of other
vital attributes. But data without context and knowledge is worthless. The
question is, how can we use this personally or collectively generated data to
achieve greater good? Read more »