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1.
The number of Indian students going overseas to study rose a
stunning 256% – from 53,266 to 189,629 – in just nine
years(2000–2009)
There were about 103,000 Indian students in the US in the
academic year 2013-14, more than double the number of students
15 years ago
• Industry guesstimates suggest that 2.5 lakh-3
lakh students from India travel abroad every
year to study
• Most of the students are not able to get first
hand information about their dream college
and waste a lot of money in trying out
different options
Introducing
A bridge between those who want help and those want to help
2. Situation Analysis
2.1
• Best mentors from more than 100 colleges around
the world
• Algorithm to match the best mentor based on the
requirements of the aspiring students
• Authentic information about the famous colleges,
what do they expect from an applicant, facilities,
faculty quality, ranking across the globe
• Services provided at cheaper prices than the rival
firms
Strategic Assets
• Mentors from top universities
• User friendly app
• Fast and efficient functioning of the app
• Regular news feed about tests and application deadlines
• Untapped approach to provide foreign education consultancy
Current Product Line
Video chat with mentors from your dream college
Mentor guidance on SOPs, LORs, Interview Prep, Housing and loan advice
Package deals consisting of various services for a certain number of
universities
News feed to keep the students updated about important dates
Articles on how to go abroad and how to prepare for it from experts
It will occupy a unique position in market as the app
serves much more services than its competitors
An obvious choice for a
generation which uses
mobile for a good amount of
hours daily and need
knowledge on foreign
education
The app would be able to tap
into the rising number of
students who want to study
abroad
2.2 Market Overview
Potential
Customers
• Young students who
aspire to go for foreign
education or want to be
aware about it
• Foreign students who
want to extra money by
providing consultancy
services
Potential Competitors
GradTrain
4.2 Rating4.5 Rating 4.4 Rating
Existing Apps
Easy accessibility of services
Can enter in the South Asian markets at a low cost
Can attract the target segment due to cheaper prices
Strong competition from established education institutes
Fear of competition from other related apps
Cheap price might be equated to average quality of services
Fear of competition from new entrants
2.3
Young teenagers in high school
(17-19 years)
College students (20-23 years)
Job workers (22-27 years)
3. Goal
10 lakh downloads within the first 5 years
Monthly revenue - $ 200,000
Market Share value of more than $100
Expand into all the South Asian countries
4.
4.1
Services easy to access from a
mobile
Foreign Education
consultancy from
mentors studying
in universities
Services provided at
competitive prices
Related news feed to keep the student
updated
Tips for
preparation for
entrance tests,
LORS,SOPs and
scholarships
Characteristics of the customers
• Young students aspiring to go
abroad
• The students can either pay
themselves or willing to take a
loan for it
• Willing to pay some amount to
get first hand credible
information
• Require the services anytime on
the touch of their cell phone
Collaborators
Free sources like quora , blogs and
newspapers
Education institutes who deal with
similar problem but don’t have
online presence
Mentor students
studying abroad
Education
counsellors
Channel Member
Communication partners
Social Media
Advertorial
Sponsors
Their Strategic Goals
• Profit sharing
• Positive recognition and publicity
• Gain new consumers and ensure loyal customers
• Establish positive brand image
• Publicity of collaborators for their contribution
Developer’s team: to
develop the app on
android
Marketing team: to
design a marketing
strategy for the app
Content Generation
team: to develop content
on a regular basis for the
app
Finance Team: to
manage the expenses
and costs of all the
units
Customer care: to look
into the customer
feedback and
ensuring the comfort
of the mentors
Competitors
GradTrain
4.2 Rating4.5 Rating 4.4 Rating
Existing Apps
Economic Context
• Currently, there are 1,252,777 apps available in the App Store,
and as many as 60 thousand apps are added per month – and
this rate is itself growing
• In such a scenario, Go Abroad needs to be cost efficient in their
operations in order to be competitive
Open support from Google and the development
community makes app building an easy task
It is easy in India to get
a development work
done at cheap rate since
the IT sector is being
flooded with
professional developers
everyday who are
desperate to get work
experience
4.2
The customer get the best foreign education consultancy from mentors
studying in their dream college at a competitive price
This also makes the information authentic
Collaborator Value
They would generate great revenues by publishing
Friend Abroad and would also get publicity through
advertorials in our app
The company would be providing the employees with good pay,
ensuring an open and friendly working environment. A rigorous
advertising campaign would also certain good return to the
stakeholders
Company Value
5. Tactics
5.1 Product
An interactive and user friendly mobile app which provides
consultancy regarding foreign education information at the
touch of their mobile phone
5.2 Services
• Regular news feed on important updates regarding foreign education
and important tests which can be personalized
• Interactive search feature for finding desired universities and mentors
along with the services that they provide
• Large scheme of services to choose from and as well get benefits of
package deals
• The app will have a sleek design and look to attract youngsters which
will be functional offline as well
5.3 Brand
Slogan: follow your dream
The brand would create a milestone in the education sector and
would bridge the gap between those who need help and those
who want to help
5.4 Price
Free version: The free version of the app would have articles on
why should one go to abroad, how to decide about it, important
info and dates regarding the university deadlines and entrance
tests
Premium version: The premium version of the would have all
the consultation services starting at $14.99 for a period of 2
weeks and premium reading content on the app
5.4 Price
5.5
Encourage the students to use Go Abroad for all their queries
Services are provided at a cheaper price that in the market currently
Content of the app of the is updated on a daily basis
Mentors would get an easy way to earn extra money
5.6 Communication
• Word of Mouth
• Social Media such as Facebook, Twitter and
Quora
• Releasing advertising videos on youtube
• Popular blogs and articles related to foreign
education
• Sponsoring college fests to spread the word
5.7 Distribution
6. Implementation
6.
6.1 Infrastructure
Collaborators would be communicated via marketing head for
publicity related matters
CEO
Marketing head Finance Head
Customer
Relations Head
Content Team
head
Developer
Head
Finance TeamCustomer
Relations Team
Content
Generation team
Developer
Team
Marketing
Team
6.2 Processes
• developing the beta version of the app, collection of
information and mentor database
• strategies to attract the loyal customers of competitors and
thoroughly study their weaknesses
• Preparation of the ad campaign for the app
• trial of the beta version
6.3 Schedule
• 1st – 6th month: developing the beta version of the app,
collection of information and mentor database
• 7th month: trial of the beta version and start of the
publicity campaign
• 8th month: launch of the official app
S
U
M
M
A
R
Y
Disclaimer
Created by Madhav Agrawal, BITS Pilani Goa Campus during
a marketing internship by Prof. Sameer Mathur,IIM Lucknow

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Marketing plan for a new android app

  • 2. 1.
  • 3. The number of Indian students going overseas to study rose a stunning 256% – from 53,266 to 189,629 – in just nine years(2000–2009) There were about 103,000 Indian students in the US in the academic year 2013-14, more than double the number of students 15 years ago
  • 4. • Industry guesstimates suggest that 2.5 lakh-3 lakh students from India travel abroad every year to study • Most of the students are not able to get first hand information about their dream college and waste a lot of money in trying out different options
  • 5. Introducing A bridge between those who want help and those want to help
  • 7. 2.1
  • 8.
  • 9. • Best mentors from more than 100 colleges around the world • Algorithm to match the best mentor based on the requirements of the aspiring students • Authentic information about the famous colleges, what do they expect from an applicant, facilities, faculty quality, ranking across the globe • Services provided at cheaper prices than the rival firms
  • 10. Strategic Assets • Mentors from top universities • User friendly app • Fast and efficient functioning of the app • Regular news feed about tests and application deadlines • Untapped approach to provide foreign education consultancy
  • 12. Video chat with mentors from your dream college Mentor guidance on SOPs, LORs, Interview Prep, Housing and loan advice Package deals consisting of various services for a certain number of universities News feed to keep the students updated about important dates Articles on how to go abroad and how to prepare for it from experts
  • 13.
  • 14. It will occupy a unique position in market as the app serves much more services than its competitors An obvious choice for a generation which uses mobile for a good amount of hours daily and need knowledge on foreign education The app would be able to tap into the rising number of students who want to study abroad
  • 17. • Young students who aspire to go for foreign education or want to be aware about it • Foreign students who want to extra money by providing consultancy services
  • 19. GradTrain 4.2 Rating4.5 Rating 4.4 Rating Existing Apps
  • 20. Easy accessibility of services Can enter in the South Asian markets at a low cost Can attract the target segment due to cheaper prices
  • 21. Strong competition from established education institutes Fear of competition from other related apps Cheap price might be equated to average quality of services Fear of competition from new entrants
  • 22. 2.3
  • 23. Young teenagers in high school (17-19 years) College students (20-23 years) Job workers (22-27 years)
  • 24. 3. Goal 10 lakh downloads within the first 5 years Monthly revenue - $ 200,000 Market Share value of more than $100 Expand into all the South Asian countries
  • 25. 4.
  • 26. 4.1
  • 27. Services easy to access from a mobile Foreign Education consultancy from mentors studying in universities Services provided at competitive prices
  • 28. Related news feed to keep the student updated Tips for preparation for entrance tests, LORS,SOPs and scholarships
  • 30. • Young students aspiring to go abroad • The students can either pay themselves or willing to take a loan for it • Willing to pay some amount to get first hand credible information • Require the services anytime on the touch of their cell phone
  • 32. Free sources like quora , blogs and newspapers Education institutes who deal with similar problem but don’t have online presence Mentor students studying abroad Education counsellors
  • 35. Their Strategic Goals • Profit sharing • Positive recognition and publicity • Gain new consumers and ensure loyal customers • Establish positive brand image • Publicity of collaborators for their contribution
  • 36. Developer’s team: to develop the app on android Marketing team: to design a marketing strategy for the app Content Generation team: to develop content on a regular basis for the app
  • 37. Finance Team: to manage the expenses and costs of all the units Customer care: to look into the customer feedback and ensuring the comfort of the mentors
  • 39. GradTrain 4.2 Rating4.5 Rating 4.4 Rating Existing Apps
  • 40.
  • 41. Economic Context • Currently, there are 1,252,777 apps available in the App Store, and as many as 60 thousand apps are added per month – and this rate is itself growing • In such a scenario, Go Abroad needs to be cost efficient in their operations in order to be competitive
  • 42. Open support from Google and the development community makes app building an easy task It is easy in India to get a development work done at cheap rate since the IT sector is being flooded with professional developers everyday who are desperate to get work experience
  • 43. 4.2
  • 44. The customer get the best foreign education consultancy from mentors studying in their dream college at a competitive price This also makes the information authentic
  • 45. Collaborator Value They would generate great revenues by publishing Friend Abroad and would also get publicity through advertorials in our app
  • 46. The company would be providing the employees with good pay, ensuring an open and friendly working environment. A rigorous advertising campaign would also certain good return to the stakeholders Company Value
  • 48. 5.1 Product An interactive and user friendly mobile app which provides consultancy regarding foreign education information at the touch of their mobile phone
  • 49. 5.2 Services • Regular news feed on important updates regarding foreign education and important tests which can be personalized • Interactive search feature for finding desired universities and mentors along with the services that they provide • Large scheme of services to choose from and as well get benefits of package deals • The app will have a sleek design and look to attract youngsters which will be functional offline as well
  • 50. 5.3 Brand Slogan: follow your dream The brand would create a milestone in the education sector and would bridge the gap between those who need help and those who want to help
  • 51. 5.4 Price Free version: The free version of the app would have articles on why should one go to abroad, how to decide about it, important info and dates regarding the university deadlines and entrance tests
  • 52. Premium version: The premium version of the would have all the consultation services starting at $14.99 for a period of 2 weeks and premium reading content on the app 5.4 Price
  • 53. 5.5 Encourage the students to use Go Abroad for all their queries Services are provided at a cheaper price that in the market currently Content of the app of the is updated on a daily basis Mentors would get an easy way to earn extra money
  • 54. 5.6 Communication • Word of Mouth • Social Media such as Facebook, Twitter and Quora • Releasing advertising videos on youtube • Popular blogs and articles related to foreign education • Sponsoring college fests to spread the word
  • 57. 6.1 Infrastructure Collaborators would be communicated via marketing head for publicity related matters CEO Marketing head Finance Head Customer Relations Head Content Team head Developer Head Finance TeamCustomer Relations Team Content Generation team Developer Team Marketing Team
  • 58. 6.2 Processes • developing the beta version of the app, collection of information and mentor database • strategies to attract the loyal customers of competitors and thoroughly study their weaknesses • Preparation of the ad campaign for the app • trial of the beta version
  • 59. 6.3 Schedule • 1st – 6th month: developing the beta version of the app, collection of information and mentor database • 7th month: trial of the beta version and start of the publicity campaign • 8th month: launch of the official app
  • 61. Disclaimer Created by Madhav Agrawal, BITS Pilani Goa Campus during a marketing internship by Prof. Sameer Mathur,IIM Lucknow