Marketing Plan for a New
AndroidApp- BookTopia
ALLPPT.com _ Free PowerPoint Templates, Diagrams and Charts
• Non-availability of books in libraries.
• Too expensive books.
• Love for the feel of paper in hands, but
can’t find one.
• Too lazy to go to library!
Solution- BookTopia!
• Online Book Lending Platform.
• Connects people with books they want
to read.
Company Overview
Core Competencies
• An online P2Pbook lending/renting platform.
• Connects you to other people who are interested in len
-ding the book(s) you might want.
• Based on three levels- Intra-society, inter-society
and inter-city.
• Smart algorithm to judge your mood on the basis
of your recent internet searches and displays the
results accordingly.
• Choose a book on the base of your mood, genre on
the basis of online-verified reviews from authors
and reviewers.
StrategicAssets
• In-app purchases, in keeping with Freemium
model.
• Paid reviews on upcoming books.
• In-app advertisements, to generate revenue.
• Communication Partners.
• Data mining from the patterns and trends gen
-erated.
Market Overview
Target Customers
• College Communities
• Townships
• Metropolitan Cities
Target SegmentAnalysis
• Measurable: Size, purchasing power and characterist
-ics can be measured.
• Substantial: Large and profitable enough to serve.
• Accessible: Can be effectively reached and served.
• Differentiable: Responds differently to different mar
-keting mix elements.
• Actionable: Effective programs can be formulated to
attract it and serve it.
Potential Competitors
• No potential competitors yet in the market.
• Small city-scale services like bookreads.com,
etc exist, but unknown amongst masses.
Opportunities
• Completely untapped market.
• No competitors.
• First-to-enter advantage.
• No major initial investments needed.
Threats
• Total reliability on the behaviour of the custo-
mers to take proper care of lent books.
• Customers might not want to share/lend their
books to the unknown.c
• Annual traffic generation of at least 1 million
hits on the app per month.
• Revenue generation of $200,000 in the first ye
-ar from the ad sales.
• Revenue generation of $150,000 from the paid
book reviews from publishers and authors.
• Successful free--->premium conversation rate
of ~7-10%.
• Establishment of the company as premium an
-d foremost brand in the sector.
For the 1st year-
• An intra-community buildup for various colleg
-es, universities and townships to build awaren
-ess among GenX.
• Allowing exchange of books via the platform
on a predefined tenure (for free version).
• Charging of a substantial security fee for every
book borrowed.
• Free exchange of books* desired to be read
among each other.
• Gauranteed security of the book lent.
• Participate in the BookTopia forum cumminty
where the reviews and opinions on books can
be exchanged.
To Consumers
• Aplatform to promote their upcoming books
& publications.
• Apublic reachout source.To Collaborators
• Positive work environment
• Good pay
• Growth potential
• Opportunity to pursue interests
To Company
–Free
§ 3 books can be borrowed per month.
§ Nominal delivery charges for inter-
community exchanges.
– Premium
§ Unlimited books can be borrowed.
§ Free delivery.
§ Complete refund for the book if lost/not returned.
§ Complimentary Coupons/Vouchers from various
publishing houses.
§ Ad-free experience.
BookTopia- Lend, Re
-ad, Share!
• Core Brand Values-
Sincerity
Devotion
Building New Friendships
• Free Version to generate traffic, and increase
the number of customer base.
• Premium at $6.99/month, $69.99/year to keep
the prices well within affordable range of
GenY.
• Book borrowing for inter-communities.
• If desired, book can also be sold.
• Review the book!USP
• Price-reduction at times.
• Cash rebates.
• Gifting vouchers for various publishers.
• Organisation of book clubs in various
communities.
• Ambassadors in communities.
• Print advertisements.
• Publicity via Social Media.
• Google-Ads.
• Development of the app for the launch.
• Acquiring ambassadors in various target
communities and make people aware of the
product.
• Encourage a book sharing/lending attitude
in the target sector via book-clubs, meetsup-
s, and so on.
Task Lead Time
Market Research 2 months
Analysis of Consumer and Business Markets 1 .5 months
Crafting Market Positioning 3 weeks
Setting up Strategic Business Unit 3 months
Setting Product Strategy 2.5 weeks
Developing Pricing Strategies 2 weeks
Designing Integrated Marketing Channels 2 weeks
Designing IMC Channels 2 weeks
Disclaimer
This presentation was made as a part of the
Marketing Management Intenship under Prof.
Sameer Mathur, IIM Lucknow by Rachit
Agrawal, BITS Pilani.

Android app

  • 1.
    Marketing Plan fora New AndroidApp- BookTopia ALLPPT.com _ Free PowerPoint Templates, Diagrams and Charts
  • 3.
    • Non-availability ofbooks in libraries. • Too expensive books. • Love for the feel of paper in hands, but can’t find one. • Too lazy to go to library!
  • 5.
    Solution- BookTopia! • OnlineBook Lending Platform. • Connects people with books they want to read.
  • 8.
  • 9.
    Core Competencies • Anonline P2Pbook lending/renting platform. • Connects you to other people who are interested in len -ding the book(s) you might want. • Based on three levels- Intra-society, inter-society and inter-city. • Smart algorithm to judge your mood on the basis of your recent internet searches and displays the results accordingly. • Choose a book on the base of your mood, genre on the basis of online-verified reviews from authors and reviewers.
  • 10.
    StrategicAssets • In-app purchases,in keeping with Freemium model. • Paid reviews on upcoming books. • In-app advertisements, to generate revenue. • Communication Partners. • Data mining from the patterns and trends gen -erated.
  • 11.
  • 12.
    Target Customers • CollegeCommunities • Townships • Metropolitan Cities
  • 13.
    Target SegmentAnalysis • Measurable:Size, purchasing power and characterist -ics can be measured. • Substantial: Large and profitable enough to serve. • Accessible: Can be effectively reached and served. • Differentiable: Responds differently to different mar -keting mix elements. • Actionable: Effective programs can be formulated to attract it and serve it.
  • 14.
    Potential Competitors • Nopotential competitors yet in the market. • Small city-scale services like bookreads.com, etc exist, but unknown amongst masses.
  • 15.
    Opportunities • Completely untappedmarket. • No competitors. • First-to-enter advantage. • No major initial investments needed.
  • 16.
    Threats • Total reliabilityon the behaviour of the custo- mers to take proper care of lent books. • Customers might not want to share/lend their books to the unknown.c
  • 18.
    • Annual trafficgeneration of at least 1 million hits on the app per month. • Revenue generation of $200,000 in the first ye -ar from the ad sales. • Revenue generation of $150,000 from the paid book reviews from publishers and authors. • Successful free--->premium conversation rate of ~7-10%. • Establishment of the company as premium an -d foremost brand in the sector. For the 1st year-
  • 20.
    • An intra-communitybuildup for various colleg -es, universities and townships to build awaren -ess among GenX. • Allowing exchange of books via the platform on a predefined tenure (for free version). • Charging of a substantial security fee for every book borrowed.
  • 22.
    • Free exchangeof books* desired to be read among each other. • Gauranteed security of the book lent. • Participate in the BookTopia forum cumminty where the reviews and opinions on books can be exchanged. To Consumers
  • 23.
    • Aplatform topromote their upcoming books & publications. • Apublic reachout source.To Collaborators
  • 24.
    • Positive workenvironment • Good pay • Growth potential • Opportunity to pursue interests To Company
  • 26.
    –Free § 3 bookscan be borrowed per month. § Nominal delivery charges for inter- community exchanges. – Premium § Unlimited books can be borrowed. § Free delivery. § Complete refund for the book if lost/not returned. § Complimentary Coupons/Vouchers from various publishing houses. § Ad-free experience.
  • 28.
    BookTopia- Lend, Re -ad,Share! • Core Brand Values- Sincerity Devotion Building New Friendships
  • 30.
    • Free Versionto generate traffic, and increase the number of customer base. • Premium at $6.99/month, $69.99/year to keep the prices well within affordable range of GenY.
  • 32.
    • Book borrowingfor inter-communities. • If desired, book can also be sold. • Review the book!USP
  • 34.
    • Price-reduction attimes. • Cash rebates. • Gifting vouchers for various publishers.
  • 36.
    • Organisation ofbook clubs in various communities. • Ambassadors in communities. • Print advertisements. • Publicity via Social Media. • Google-Ads.
  • 40.
    • Development ofthe app for the launch. • Acquiring ambassadors in various target communities and make people aware of the product. • Encourage a book sharing/lending attitude in the target sector via book-clubs, meetsup- s, and so on.
  • 42.
    Task Lead Time MarketResearch 2 months Analysis of Consumer and Business Markets 1 .5 months Crafting Market Positioning 3 weeks Setting up Strategic Business Unit 3 months Setting Product Strategy 2.5 weeks Developing Pricing Strategies 2 weeks Designing Integrated Marketing Channels 2 weeks Designing IMC Channels 2 weeks
  • 44.
    Disclaimer This presentation wasmade as a part of the Marketing Management Intenship under Prof. Sameer Mathur, IIM Lucknow by Rachit Agrawal, BITS Pilani.