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When you focus on Money, You build a Company.
But,
When you focus on People, You build an Empire.
“Your Partner in a journey called Career”
Present “Learning” Behavior
Coaching Institutes Seniors/Professors Books/YouTube
For any kind of supplementary training, knowledge enhancement or honing technical skills
Problems associated with the Present situation
High Cost without adequate Quality & Effectiveness
Time-consuming -> Finding institutes/trainers & commuting
Boring & Monotonous
Don’t promote “Continuous Learning Behavior” & high drop-out
Mushroom growth of training institutes sacrificing quality education
Extensive commercialization of the Education Sector
No standardized “certification” procedure adopted
What exactly is OnQourse ?
Sector: Education Technology Website: http://onqourse.com
MVP: Yes, the LMS Current Stage: Beta Testing
“An Online Learning Marketplace.”
What do we mean by Online Learning Marketplace?
An online platform for Instructors to Share their Knowledge.
Inspire Millions.
Monetize their expertize.
An online platform for Learners to Learn Skills for work/hobby
An Aggregator connecting the Learners to the Instructors
and also,
Providing a medium for effective Knowledge Transfer
Alternative Learning
Solution
Social Learning
Fun, Rewarding & Incentivized
Cost-effective
“An alternative platform, more Accessible, Engaging and
supporting Lifelong learning.”
What do we want to do?
Online Learning
Our Approach & Solution
Get Points for
Our Learning Process
User
signs up
Pays for the
course
Takes the
course
Completes the
course
Learning
Performance
Indicators
Cashback on the
basis of learning
indicators
Redemption
Gifts
Benefits of our solution
The Market
Our Target market includes students pursuing Under-
graduate as well as Post-Graduate courses. In the longer
run, we plan to target corporate professionals also.
As of now, the present Asian E-learning Market include:-
Revenues from the sale of E-learning reached $5.2
billion in 2011, $7.1 billion in 2013 and are expected
to more than double to $11.5 billion by 2016.
At 17.3% Asia has the world’s highest growth rate
for E-learning.
India, in particular has a growth rate of 18.4% when
it comes to online learning.
Asian E-Learning Market (in billion $’s)
[Rising Star Sector]
Strong Government
Initiatives
Literacy
Development
Shortage of Quality
Instructors
Growing adoption of
Technology
School College Job
Kind of Training Required
• School Tuitions
• College Entrance
• Skills that make them
employable & deployable
• Professional Growth
• Technical Skills
Existing Companies in the Online Sphere
USP’s / Key Differentiators
MARKETPLACE
INCENTIVIZED LEARNING
SOCIAL + GAMIFIED
LIVE INSTRUCTOR
Marketing Strategy
SOCIAL MEDIA MARKETING
REFERRAL MARKETING
PARTNERING WITH INFLUENCERS
Individuals Institutions
Incentives to the present users Campus Ambassador Program
#KnowledgeNuggets
[Advertisements & Promotional Activities (ATL & BTL) will support the above]
Year 1 Year 3
Year 2
1,00,000
Learners
Courses
Instructors
200
100
10,00,000
3200
1600
4,00,000
1000
500
Growth Projections (Userbase, Courses & Instructors)
Year 1 Year 3
Year 2
₹96,000
₹6,00,000
₹50,00,000
₹60,00,000
₹3,84,000
₹30,00,000
₹1,38,00,000
₹1,00,00,000
₹2,04,000
₹21,00,000
₹94,00,000
₹80,00,000
COST
₹1.26 cr ₹2.71cr
₹1.97cr
Servers
Employees
Marketing
Infrastructure
₹10,00,000
Instructor
acquisition
Sources of Revenue
 Revenue sharing model with the instructors
 Customized solutions for Colleges/Industry
 Advertising (Later stage)
Customer Acquisition Cost, Lifetime Value & Pay back
 Customer acquisition cost (CAC)
 Customer Life-time value (LTV)
 CAC Payback Period
Total “Sales” expense per month
No. of new customers per month
CAC =
LTV = Monthly revenue x Gross profit % x Lifetime months
(by the individual customer)
CAC
( (Monthly revenue) x (Gross Profit % ) )
PBP =
₹40
₹108
7 months
Our Analysis
“LTV : CAC” Ratio & CAC Payback Period
Our Results :
LTV : CAC = 2.7 CAC PBP = 6.67 months
 This presentation was created during a Marketing internship with Dr
Sameer Mathur, IIM Lucknow
Binayjeet Singh
(student at NSIT)

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Onqourse app.ppt

  • 1. When you focus on Money, You build a Company. But, When you focus on People, You build an Empire.
  • 2. “Your Partner in a journey called Career”
  • 3. Present “Learning” Behavior Coaching Institutes Seniors/Professors Books/YouTube For any kind of supplementary training, knowledge enhancement or honing technical skills
  • 4. Problems associated with the Present situation High Cost without adequate Quality & Effectiveness Time-consuming -> Finding institutes/trainers & commuting Boring & Monotonous Don’t promote “Continuous Learning Behavior” & high drop-out Mushroom growth of training institutes sacrificing quality education Extensive commercialization of the Education Sector No standardized “certification” procedure adopted
  • 5. What exactly is OnQourse ? Sector: Education Technology Website: http://onqourse.com MVP: Yes, the LMS Current Stage: Beta Testing “An Online Learning Marketplace.”
  • 6. What do we mean by Online Learning Marketplace? An online platform for Instructors to Share their Knowledge. Inspire Millions. Monetize their expertize. An online platform for Learners to Learn Skills for work/hobby An Aggregator connecting the Learners to the Instructors and also, Providing a medium for effective Knowledge Transfer
  • 7. Alternative Learning Solution Social Learning Fun, Rewarding & Incentivized Cost-effective “An alternative platform, more Accessible, Engaging and supporting Lifelong learning.” What do we want to do?
  • 9.
  • 11.
  • 12. Our Learning Process User signs up Pays for the course Takes the course Completes the course Learning Performance Indicators Cashback on the basis of learning indicators Redemption Gifts
  • 13. Benefits of our solution
  • 14. The Market Our Target market includes students pursuing Under- graduate as well as Post-Graduate courses. In the longer run, we plan to target corporate professionals also. As of now, the present Asian E-learning Market include:- Revenues from the sale of E-learning reached $5.2 billion in 2011, $7.1 billion in 2013 and are expected to more than double to $11.5 billion by 2016. At 17.3% Asia has the world’s highest growth rate for E-learning. India, in particular has a growth rate of 18.4% when it comes to online learning. Asian E-Learning Market (in billion $’s) [Rising Star Sector]
  • 15. Strong Government Initiatives Literacy Development Shortage of Quality Instructors Growing adoption of Technology
  • 16. School College Job Kind of Training Required • School Tuitions • College Entrance • Skills that make them employable & deployable • Professional Growth • Technical Skills Existing Companies in the Online Sphere
  • 17. USP’s / Key Differentiators MARKETPLACE INCENTIVIZED LEARNING SOCIAL + GAMIFIED LIVE INSTRUCTOR
  • 18. Marketing Strategy SOCIAL MEDIA MARKETING REFERRAL MARKETING PARTNERING WITH INFLUENCERS Individuals Institutions Incentives to the present users Campus Ambassador Program #KnowledgeNuggets [Advertisements & Promotional Activities (ATL & BTL) will support the above]
  • 19. Year 1 Year 3 Year 2 1,00,000 Learners Courses Instructors 200 100 10,00,000 3200 1600 4,00,000 1000 500 Growth Projections (Userbase, Courses & Instructors)
  • 20. Year 1 Year 3 Year 2 ₹96,000 ₹6,00,000 ₹50,00,000 ₹60,00,000 ₹3,84,000 ₹30,00,000 ₹1,38,00,000 ₹1,00,00,000 ₹2,04,000 ₹21,00,000 ₹94,00,000 ₹80,00,000 COST ₹1.26 cr ₹2.71cr ₹1.97cr Servers Employees Marketing Infrastructure ₹10,00,000 Instructor acquisition
  • 21. Sources of Revenue  Revenue sharing model with the instructors  Customized solutions for Colleges/Industry  Advertising (Later stage)
  • 22. Customer Acquisition Cost, Lifetime Value & Pay back  Customer acquisition cost (CAC)  Customer Life-time value (LTV)  CAC Payback Period Total “Sales” expense per month No. of new customers per month CAC = LTV = Monthly revenue x Gross profit % x Lifetime months (by the individual customer) CAC ( (Monthly revenue) x (Gross Profit % ) ) PBP = ₹40 ₹108 7 months
  • 24. “LTV : CAC” Ratio & CAC Payback Period Our Results : LTV : CAC = 2.7 CAC PBP = 6.67 months
  • 25.  This presentation was created during a Marketing internship with Dr Sameer Mathur, IIM Lucknow Binayjeet Singh (student at NSIT)