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Elogo Financial Services

Elogo E-Collection - Discovery

Strategic discovery for market opportunities, target segments, and tailored value propositions to position E-Collection as a leading B2B payment solution.

Industry

Fintech

Headquarters

İstanbul/Turkey

Founded

1984

Company size

100+

Overview

Logo’s e-Collection product required a clear strategic direction to position it effectively in the growing but complex B2B digital payment landscape. The challenge was to identify specific industry needs, uncover market opportunities, and create targeted value propositions that would distinguish e-Collection as a trusted and scalable payment solution across diverse sectors.

Project Setup

  • Market & Competitive Analysis: Conducted deep global and national market research, analyzing over 20 sectors alongside nine international and five local benchmarks.

  • Stakeholder Workshops: Gathered insights and aligned on strategic priorities through evaluation sessions.

  • User & Sector Segmentation: Defined precise target audiences, including Logo ERP customers, non-Logo customers, SMEs, and micro-enterprises, based on payment behavior and business needs.

  • Value Proposition Development: Crafted tailored benefits focusing on simplicity, security (PCI-DSS certification), multi-channel payment options, and operational reliability.

  • Brand & Communication Strategy: Designed messaging that differentiates e-Collection from the broader “eLogo” brand, focusing on ERP integration, professional use cases, and dealer enablement through co-branded marketing packs.

20+

20+

Sectors analyzed

9

Global benchmark reviewed

5

5

Local benchmark reviewed

Global Overview

  • Market Growth: Projected 140% growth by 2030 (CAGR: 11.9%)

  • Shift to Digital: Businesses prioritizing digital B2B payment systems

  • Pain Points: Manual processes, security concerns, high commission fees

National Overview (Turkey)

  • Rising commercial credit card use driven by economic pressures

  • Digital payments (POS, e-collection, credit cards) dominate

  • Installment payments (70–80%) key for B2B

  • Automotive & Construction sectors leading adoption

Sector Analysis

  • 20+ sectors evaluated

  • 12 case studies analyzed (9 international, 5 national benchmarks)

  • High Potential Sectors: Automotive, Construction, Wholesale & Distribution, Technology/SaaS, Healthcare & Pharma

Key Insights

  • The B2B payments market is rapidly growing with an expected 140% increase by 2030.

  • Businesses demand simple, B2C-like payment experiences, with minimal onboarding friction.

  • Economic pressures increase reliance on credit cards despite their fees.

  • Automation and digital integration can reduce manual workload by up to 85%, cutting costs significantly.

  • Trust and awareness gaps remain barriers to digital adoption.

  • Personalized omni-channel solutions and real-time accounting capabilities are critical differentiators.

Target Audience Segmentation

Logo Customers
  • Seamless ERP Integration

  • Centralized Platform for Operations

  • Low Commission for High-Volume Payments

  • Real-Time Automated Accounting

Non-Logo Customers
  • Easy Bank and Payment Institution Integrations

  • Payment by Link via Email, SMS, WhatsApp

  • API compatibility and 24/7 support

  • Unified B2C + B2B payment page

Micro Enterprises & SMEs
  • Low Commission = High Margins

  • Easy Link-Based Collection

  • Mobile Access & Real-Time Visibility

  • Backed by Logo İşbaşı for easy invoicing and centralized data

Strategic Approach

The strategic discovery clarified e-Collection’s unique positioning and established actionable plans to:

  • Target high-potential sectors such as Automotive, Construction, Healthcare, and Technology.

  • Leverage ERP integration and real-time automated accounting as key advantages.

  • Empower dealers and users with simplified, scalable, and secure payment collection tools.

  • Align brand messaging to enhance user engagement and trust.

  • Prepare a detailed marketing communication strategy, including gamification and milestone celebration to increase loyalty.

Product Naming
  • Avoid confusion with “eLogo” branding

  • Highlight e-Collection independently

  • Use “Powered by Logo” subtly for credibility boost

Tailored Communication for ERP Users
  • Emphasize integration capabilities

  • Promote use cases for professional and complex setups

Professional Chamber Collaborations
  • Sector-based entry with customized offers

  • Exclusive events and real-world case studies

  • Strategic partnerships to expand awareness

Dealer Enablement Strategy
  • Monthly marketing content packs

  • Co-brandable assets

  • Referral code system for incentivized engagement

UX Communication Enhancements
  • Simplify UI & terminology

  • Improve web messaging around key benefits

  • Offer a product demo to drive conversions

Emotional Engagement
  • Celebrate user milestones with badges or messages

  • Support teams active during financial transactions

  • Gamify usage to build loyalty and satisfaction

The e-Collection product stands at the intersection of modern financial technology and B2B operational needs. With clear market opportunities, actionable strategies, and a unique product edge, this discovery lays the foundation for a high-impact go-to-market execution.