Final Presentation Venture Idea Noa, Shivank, Samarth & Song
1.
2. Problem: vast amount of people who cannot graduate college but
nonetheless are eager to learn and study but need assistance.
Venture opportunity: website that enables college or university
students to interact with other highly-successful college student
experts through a webcam to provide 1-on-1 online tutoring.
The target customers are the people who want to receive a college
education but are unable to within six years.
Our team needs the computer coding skills to create the complex
website and the marketing skills to effectively advertise our services.
We need website-making programs or to hire professional coders and
contact with the university students and the institutions themselves.
The Opportunity
3. Customer Archetypes and Market Size
Ryan Ross
- 21 years old
- Male
Undergrad
- Senior
Samantha Jones
• 20 years old
• Female
Undergrad
• Junior
• Studies in a
city college.
• Lives at home.
• Studies in a
university
abroad.
• Resides in the
dorm.
• Studies
computer
science.
• Requires
assistance
• Misses class
• Needs to
catch-up
Target Market
1296
Served
Available
Market
10,073,95
4
Total
Available
Market
21,899,900
• ~21,899,900 US college & university students ,2012.
• TAM = 46% of students fail to pass within 6 yrs
• TM = 1% of the 46% at the 5 largest state universities.
4. Industry/Competitors’ Analysis
Year Established 2006 1999 2010 2013 1999 1997 -
Target
Customers
Student,
teacher, adult
+ anyone else
Students &
professionals
K-12 K-12
Student in >1000
universities and
colleges
K-12
College
student
s who
need
help
Value
Proposition
Free world-
class education
for anyone
anywhere.
Tutoring on-
the-go and 24/7
Instant
interactive
online tutoring
Live 1-to-1 online
tutoring
Simple + fast online
tutoring
Online
school
+ in-
depth
curricul
um
Person
alized
reason
able 1-
on-1
online +
credits
for
tutors
Prices/Fees Free
$39.99/1
hour/month
$75-100/month $80-$120 monthly
$35/hour + other
deals
$249
monthl
y for G
6-12
$25/mo
nth
$10/ses
sion
6. Marketing Mix
Product
• Offers a wide range of subjects and topics.
• Carefully selected highly-qualified college
students as tutors.
• User-friendly and simple design
• One-on-one video chat sessions features
• Personalized for individuals
• Social interaction between college students
• CollegeHelp™ is the brand name
Price
• $25 per month
• Or for less frequent users $10 per session
• Year membership is discounted to $200 (2
months free)
• Only by credit or debit card and etc (not cash)
• Payment period: per session, monthly and
yearly.
Promotion
• Universities and colleges relations
• Relations with Universal Tutors
• Social networking sites advertisements
Place
• Channels the service through our own website
which is accessible to anybody with internet
service.
• Online – focused in the U.S.A for now, but might
expand later.
7. Financial Summary and Capital
Requirements
• Capital Needed: $203,590.00 to cover all total costs in 3 years and start-up the business
• Total Revenue = $691,608.00
• Net Profit = $21,637.00
8. Aim for Total Revenue of $2,100,000.00 in future years,
ideally within 9 years
Achieve $60,000.00 Net Profit within 9 years
Expand internationally to colleges and universities outside
of the US.
Provide tutoring services in Europe (e.g. Belgium), South
Asia (e.g. India and China) and have local college students
in those areas become tutors as well.
We want you to invest ~$205,000.00 in CollegeHelp™ and
help us to promote our venture worldwide.
Our Next Steps