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Team 42
TEAM 42
Ayan Gasimova,
Azerbaijan
Yana Petrulevich,
Russia
Salim Amod,
South Africa
Lena Ebo, Poland
Fiona Ee,
Singapore
Market selection criteria
1. High student population.
2. Advertisement of product is allowed.
3. Adequate disposable income for students.
4. Rigorous or reputable education systems.
New York:
Market entry will be by advertising
Analysis of entry mode:
Targeted audience is
Columbia University
NYU
Fordham University
1) Increasing the profit of company;
2) Expanding market positions based on guaranteed sales of product;
3) Ensuring that product is competitive;
4) Attracting additional sources of investment.
Opportunities:
+Wide variety of the students that can use this app.
Strengths: +design +global access +algorithm
Those two apps are the biggest competitors for OneMoreDay, because this programs also help people with taking notes, and education/day management. Moreover, these apps are popular, so they also bring threat to the development of OneMoreDay.
Strengths
Opportunities
Threats:
Weaknesses:
- Advertisement
- Languages
costly
- Expensive ads
- Ratings on Apple store/Google play
- Language
+ Wide variety of students
+ Coronavirus crisis
+ Algorithm
+ Well designed and easily accessible
+Gamification
Add languages
Loyalty system
Maintain consistency in the name
Diversifying languages, app can get popularity among students all around the world,not only in Italy.
(Chinese, Russian,French etc.)
The capitals need to be more consistent across platforms (between Onemoreday and OneMoreDay).
Presentation on the Apple Store (OneMoreDay—the student’s coach) is quite lengthy. As a recommendation, the app name could be changed to ‘OneMoreDay Learning
Trial study set
OneMoreDay could give a free month access, or a discounted price of 10% for the premium plan if a user has used the app for a year, for example.
Trial study set should be added,so people can try the options to know if they like or do not like the app,and if they are ready to spent money on it.
Forms of media advertising
Social Media Advertising
YouTube
r
YouTube Ads
Stories Ads
Photo Ads
Facebook Ads
Used to make advertising posters and infographics
Easy to use, cheaper compared to other graphic design platforms (Piktochart, Adobe Photoshop etc)
Canva pro plan: "for small teams that need more customisation and productivity.", like OneMoreDay
Cost: 9.15€ monthly (billed yearly)
Features:
NB: The above visuals have been created by team 42
strict prices
for ads in social media
depends on budget
0.092€ to 0.28€ per view or action
click cost-0.7$-1$
Click costs around 0.25$
An average 9.20€ daily budget
5$ per 1000 impressions
1000 impressions around 5.47$
+You decide how much you pay
Evernote
QuickReader
Myscript Calculator
Coursera
Helps to organize educational process and taking notes and day management
Helps with increasing the speed of reading, mostly used by students
Application for finding new courses in different fields.
Used by students to calculate. Gets calculation from human script, which is not available in common calculators.
Visually presenting the prices
Reducing left degit by 1
"Charm pricing"
Rule of 100