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GRE Prep
Marketing Plan
OUTLINE
• Executive Summary
• Situational Analysis
• Action Plan
• Summary
EXECUTIVE SUMMARY
• Current Situation : A lot many aspiring students now a days are preparing for
GRE (Graduate Record Examinations). Because if this it has become quite a good
business for many marketers and hence, the whole preparation process has
become quite expensive for some students to afford.
• Our Goal : App focuses on the better learning of students through various free
GRE questions, practice tests and other important material allocated at one place
SITUATIONAL
ANALYSIS
Company
Overview
Target
Customers
Market
Overview
COMPANY OVERVIEW
• Intuitive lessons that take one through GRE concepts step-by-step
• Customizable practice tests to fit ones needs
• Tie-up with essential learning applications and expert tutors
• Freemium plan of app
• Large number of target customers
• 70 video lessons for trial with GRE sample questions explained
MARKET OVERVIEW
• Competitor : Ready 4 GRE is currently the highest rated free app in the Google
Play store. App keeps on updating itself with really good technology to attract the
target customers
TARGET CUSTOMERS
• Students appearing for GRE
• Students looking forward to practice more number of questions for FREE
• App targets customers of the age of 24-27 preparing for GRE
ACTION PLAN
GOAL STRATEGY TACTICS IMPLEMENTATION
GOAL
• To cross 10,000 downloads
within 6 months
• Gather a total of $10,000 in
a span of 6 months from
Premium version
• Collaborate with more
learning applications and
institutes for better quality
STRATEGY
TARGET MARKET
Collaborators Competitors Context
Customers
Customer
value
Collaborator
value
Company
value
VALUE
PROPOSITION
TARGET MARKET
CUSTOMERS
• These customers comprise
of young age group around
23-27
• Students these have
become time conscious and
hence, don’t belive in
wasting time on searching
sample question paper
• Also they want they develop
accuracy by practicing
more and more number of
questions
COLLABORATORS
• To introduce quick chats with expert tutors to clear doubts and help the students
learn more. Tutors would like to increase their participating students through
GRE Prep
• Networking Websites
• Advertising agencies and social media
COMPETITORS
CONTEXT
• App tracks the strengths and weaknesses with it’s in-app analytics
• Economically feasible for those customers who’re not willing to pay
• Question of the day keeps one engaged and in the zone for the upcoming test
VALUE PROPOSITION
CUSTOMER
VALUE
• Expert tutors at your
service
• Cheap fees as compared to
coaching centres
• Focuses on better learning
of students
COLLABORATOR VALUE
• Be the first one to go online and provide guidance to potential students
• Attract large number of customers
COMPANY VALUE
• Will benefit from the premium feature of the app
• Major help from collaborations with various expert tutors
• Improving the features of app to ensure incoming of more customers
TACTICS
Product Brand Price Distribution Communication
PRODUCT
FREE FEATURES
• 70 video lessons for trial with
GRE sample paper
• Track your progress as you
study GRE verbal, Math &
writing
• Customize practice test to fit
ones needs
PREMIUM
FEATURES
• 200+ video lessons Premium,
also with GRE sample
questions explained
• Challenge yourself with 200
antonyms, synonyms,
analogies and 100 sentence
completions
• GRE smartcards provides all
information needed to
prepare for the verbal section
of GRE
BRAND
GRE Prep
ONLINE preparation of GRE with expertise advice
Logo similar to this will be decided
PRICE
• Premium Version only $149 per month
• Allowing the customers to save $400 dollars over a pack worth $625
COMMUNICATION
• Social Media
• Website
• App video
• Direct contact with tutors
DISTRIBUTION
IMPLEMENTATION
July Aug Sept Oct Nov Dec Jan Feb Mar Apr May
App research
Collaboration
with shops
Tie-ups with tutors
App Launch
Marketing
Feedback
from customers
&
app updates
10,000+ downloads
50+ expert tutors
New feature
10+expert tutors
SUMMARY
• Providing marketing plan for a GRE preparation app
• Excellent quality to provide sufficient practice before the examination
• Providing premium feature at a affordable rate
• Focusing on the positioning of app for maximum profit
• Thoughtfully deciding the free and premium features for maximum profit of all
the students
Marketing plan for GRE Prep App

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Marketing plan for GRE Prep App

  • 2. OUTLINE • Executive Summary • Situational Analysis • Action Plan • Summary
  • 3. EXECUTIVE SUMMARY • Current Situation : A lot many aspiring students now a days are preparing for GRE (Graduate Record Examinations). Because if this it has become quite a good business for many marketers and hence, the whole preparation process has become quite expensive for some students to afford. • Our Goal : App focuses on the better learning of students through various free GRE questions, practice tests and other important material allocated at one place
  • 5. COMPANY OVERVIEW • Intuitive lessons that take one through GRE concepts step-by-step • Customizable practice tests to fit ones needs • Tie-up with essential learning applications and expert tutors • Freemium plan of app • Large number of target customers • 70 video lessons for trial with GRE sample questions explained
  • 6. MARKET OVERVIEW • Competitor : Ready 4 GRE is currently the highest rated free app in the Google Play store. App keeps on updating itself with really good technology to attract the target customers
  • 7. TARGET CUSTOMERS • Students appearing for GRE • Students looking forward to practice more number of questions for FREE • App targets customers of the age of 24-27 preparing for GRE
  • 8. ACTION PLAN GOAL STRATEGY TACTICS IMPLEMENTATION
  • 9. GOAL • To cross 10,000 downloads within 6 months • Gather a total of $10,000 in a span of 6 months from Premium version • Collaborate with more learning applications and institutes for better quality
  • 10. STRATEGY TARGET MARKET Collaborators Competitors Context Customers Customer value Collaborator value Company value VALUE PROPOSITION
  • 12. CUSTOMERS • These customers comprise of young age group around 23-27 • Students these have become time conscious and hence, don’t belive in wasting time on searching sample question paper • Also they want they develop accuracy by practicing more and more number of questions
  • 13. COLLABORATORS • To introduce quick chats with expert tutors to clear doubts and help the students learn more. Tutors would like to increase their participating students through GRE Prep • Networking Websites • Advertising agencies and social media
  • 15. CONTEXT • App tracks the strengths and weaknesses with it’s in-app analytics • Economically feasible for those customers who’re not willing to pay • Question of the day keeps one engaged and in the zone for the upcoming test
  • 17. CUSTOMER VALUE • Expert tutors at your service • Cheap fees as compared to coaching centres • Focuses on better learning of students
  • 18. COLLABORATOR VALUE • Be the first one to go online and provide guidance to potential students • Attract large number of customers
  • 19. COMPANY VALUE • Will benefit from the premium feature of the app • Major help from collaborations with various expert tutors • Improving the features of app to ensure incoming of more customers
  • 20. TACTICS Product Brand Price Distribution Communication
  • 22. FREE FEATURES • 70 video lessons for trial with GRE sample paper • Track your progress as you study GRE verbal, Math & writing • Customize practice test to fit ones needs
  • 23. PREMIUM FEATURES • 200+ video lessons Premium, also with GRE sample questions explained • Challenge yourself with 200 antonyms, synonyms, analogies and 100 sentence completions • GRE smartcards provides all information needed to prepare for the verbal section of GRE
  • 24. BRAND GRE Prep ONLINE preparation of GRE with expertise advice Logo similar to this will be decided
  • 25. PRICE • Premium Version only $149 per month • Allowing the customers to save $400 dollars over a pack worth $625
  • 26. COMMUNICATION • Social Media • Website • App video • Direct contact with tutors
  • 28. IMPLEMENTATION July Aug Sept Oct Nov Dec Jan Feb Mar Apr May App research Collaboration with shops Tie-ups with tutors App Launch Marketing Feedback from customers & app updates 10,000+ downloads 50+ expert tutors New feature 10+expert tutors
  • 29. SUMMARY • Providing marketing plan for a GRE preparation app • Excellent quality to provide sufficient practice before the examination • Providing premium feature at a affordable rate • Focusing on the positioning of app for maximum profit • Thoughtfully deciding the free and premium features for maximum profit of all the students