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 Matriculants and Grade 11 students -anxious and
upset before writing the National Benchmark Test
(NBT‟s).
 Content of the tests are unknown,
 Created an application - prepare scholars by
testing them
 Incentivise studying and create a fun atmosphere
 “Gamification” with a wager
 Makes studying for the National Benchmark Tests
fun
 Grade 12 student, wants to go to a university.
 She needs to write the National Benchmark Test.
 Needs to go to university in order to get a well
paying job to help her support her family.
 Does not know what to expect in National
Benchmark Test.
 Has to obtain 65% average in order to be
considered for university.
 Application name: „Who Knows Best‟
 Prepares scholars for NBT‟s.
 Targets high school scholars (Grade s 10-12)
 National Benchmark test is:
 A standardised test.
 Needed for entrance into university.
 Must obtain 65% in NBT to be considered for
university.
 An estimate of all costs incurred:-
 Main Cost:
- App Development
Estimated cost is R200 000
Other costs:
Advertising:
 - Hosting costs R50 a day, estimated R18000 overall.
- Cost of tutors, R2000 based on percentage sales
brought in through tutors.
Business Expenses: - Rent, equipment and other items that would
be necessary: R25 000
TOTAL ESTIMATE COSTS:± R250 000 = $23,800.40
 An estimate of all income streams:-
In App Purchases: R7 per application after user has reached
the "pay point". 50 000 downloads (half target downloads) -
R350 000
Schools: Partnership or selling the application to the school
districts -R35 000.
Advertising - R20 000.
TOTAL ESTIMATE INCOME: ± R425 000 ($40,460.07)
**ESTIMATE INCOME - ESTIMATE INCOME**
R425 000 - R250 000
 The business would be left with a ± R175 000($16,660.03)
profit.
 Refer to the app video for Detail
APParentlySo-SouthAfrica-HighSchool-PitchPresentation
APParentlySo-SouthAfrica-HighSchool-PitchPresentation
APParentlySo-SouthAfrica-HighSchool-PitchPresentation

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APParentlySo-SouthAfrica-HighSchool-PitchPresentation

  • 1.
  • 2.  Matriculants and Grade 11 students -anxious and upset before writing the National Benchmark Test (NBT‟s).  Content of the tests are unknown,  Created an application - prepare scholars by testing them  Incentivise studying and create a fun atmosphere  “Gamification” with a wager  Makes studying for the National Benchmark Tests fun
  • 3.  Grade 12 student, wants to go to a university.  She needs to write the National Benchmark Test.  Needs to go to university in order to get a well paying job to help her support her family.  Does not know what to expect in National Benchmark Test.  Has to obtain 65% average in order to be considered for university.
  • 4.  Application name: „Who Knows Best‟  Prepares scholars for NBT‟s.  Targets high school scholars (Grade s 10-12)  National Benchmark test is:  A standardised test.  Needed for entrance into university.  Must obtain 65% in NBT to be considered for university.
  • 5.  An estimate of all costs incurred:-  Main Cost: - App Development Estimated cost is R200 000 Other costs: Advertising:  - Hosting costs R50 a day, estimated R18000 overall. - Cost of tutors, R2000 based on percentage sales brought in through tutors. Business Expenses: - Rent, equipment and other items that would be necessary: R25 000 TOTAL ESTIMATE COSTS:± R250 000 = $23,800.40
  • 6.  An estimate of all income streams:- In App Purchases: R7 per application after user has reached the "pay point". 50 000 downloads (half target downloads) - R350 000 Schools: Partnership or selling the application to the school districts -R35 000. Advertising - R20 000. TOTAL ESTIMATE INCOME: ± R425 000 ($40,460.07) **ESTIMATE INCOME - ESTIMATE INCOME** R425 000 - R250 000  The business would be left with a ± R175 000($16,660.03) profit.
  • 7.  Refer to the app video for Detail