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DreamBIG
- 1. DreamBig Final Presentation Jason Lee Patrick Cantelmi David Dupell Joe Nespoli Kayla Shaffer
- 2. What is it? How does it work? We are a college prep consulting group that will guide high school freshmen all the way through high school to get into their dream school. We provide: One on one personal experience for the student Guidance on a handful of topics Major/minor College Selection FAFSA Application Essays Low cost tutoring services Videos on variety of topics
- 3. What makes us different? Low Cost Differentiation 1 in 4 students who go to a private college had a admissions consultant Average cost is between $14,000-$40,000 $185/hour is national going rate IT system Tracks what school students are on pace for What areas need to be improved to get in school of choice Target Market Parents of B students entering high school End User 9TH-12TH grade students
- 4. Target Market We plan to help the average B and C student Target the middle 50 % B & C Student 9-12 Grade
- 5. Our Services One on One Mentoring Serve as resource for student Help pick classes, schools and major Identify gaps in skill sets and activities Ex. Student lacks community service- find non-profits in students county that he/she can help out at IT system Tracks student progress towards dream school Identifies strengths and weaknesses of student Tutoring service low-cost Shows them schools they are on pace for Close gaps in skill sets and activities
- 6. Competitor Analysis CollegeBoard - Bigfuture College search Basic information Admission Process College life No personal guidance Private Consultants Expensive $185/hour DreamBIG Affordable Low cost tutors Guidance on a variety of topics Personalized planning & progress VS.
- 7. Industry Analysis 3.3 Million high school graduates in 2013 We plan to target 70% of this market or 2.3 million high school students specifically freshman and sophomores 21.8 Million students are expected to attend college in 2013 an increase of 6.5 million since 2000 A growing market allows for our business’s expansion Enrollment of 18-24 year olds increased from 27.3 million to 31.1 million since 2000 Increasing our potential customer base, allowing for future growth in the industry
- 8. Revenue Streams Subscription Packages STANDARD *FREE* PREMIUM $1000/yr PLUS $1300/month Technology x x x Mentoring X 2 hour month limit X 2 hour month limit Tutoring X 3 hour month limit Additional Costs: Mentor Hour: $20/hour (exceed limit) Tutor Hour: $20/hour (exceed limit) Discounts: 2 year package: 10% off 3 year package: 15% off 4 year package: 20% off
- 10. Our Mission Our website will: Empower students to get involved in the college process early Boost student confidence Identify and improve student weaknesses early Help build on strengths Keep students on track to reach their dreams Connect students with people who care and are experts in the field
- 14. QUESTIONS?
Editor's Notes
- Status Update: Drafted final PowerPoint and Refined our prototypeNeed to: finalize our financial analysis and project siteSelling a service which includes a websiteTarget parents of freshmen and sophmores.Get student ready.Webinars/webex at additional fees.Parents pay subscription.Info sessions. Webinar fee. get recent grad workers. Financial planners to teach financial add webinar. Advertisements.Sell data to financial planners. Manage expectations. when to take sat/ what score should you consider help – these will be addressed in webinars
- What's the distinct difference between mentor
- Assumptions:Year 1: 5% market penetrationYear 2: 15% market penetrationYear 3: 30% market penetrationAssume 11% taxStandard Subscription = 25%Premium Subscription=45%Plus Subscription=30%2.3 million students attend college a yearPhiladelphia is 1%Target Business schools then roll out to health and medicince etc.Tutors are paid 15$ an hour