Final Report for OAP

              AR-Team
Evaluation criteria cheat sheet
Face-to-face interview with potential customers
•   8 personal interviews
Market size
•   slide #5; Argentina=usd0,96M/Y, Global=usd225M/Y 60% CAGR
Survey
•   View reports performed to "Testing Value Proposition"; 100% of interviewed
    persons recognize problems faced in reading buttons and texts
Lessons learned testing the hyphotesis
•   Develop just a framework/basic app that could interface with an API which
    specialized entities could upgrade/adapt for specific uses
•   Have in mind that third parties (wholesale customers) could sell the same
    platform to their own affiliates (health organizations)
•   Learning curve adjustments
•   Several ideas picked up from potential customers are introduced in slide #4
Testing our Idea
 Our Hypothesis
 •1) Older people face problems to read cell phone buttons and would
 appreciate bigger ones.
 •2) Older people face problems to identify the right app following the
 cell phone's menu.
 Our Approach
 •We have conducted 8 face-to-face interviews with potential
 customers and partners
 Our Findings
 •We found that the majority of 60+ people face problems with their
 phones when they try to use advanced functions
 •Some of them avoid using smartphones because they were
 designed for young people
Testing our Idea
Customer Insights
• Include additional health care services as alarms and information

• Accessories might help some users to interact better with their
  smartphones
• It would be great if the phone could have a simplified interface,
  bigger icons, louder sounds, bigger fonts and bigger keyboard.
Adriana agreed she will paid for an       Monica thinks that a phone's app to
application which provide the mentioned   zoom in the icons on the screen would
enhancements, however she would not       be a good idea.
spend more than 10USD for that.


Conclusions
• Based on those surveys we can say that there are customers that
  have problems using their smartphones and they are willing to pay
  for an app to improve the user experience
Market assumptions
•   Estimations are based on Argentina and UN stats:
    •   Those who are 60 years old or older
    •   People with disabilities
•   The touchscreen phone market was sized using business stats for
    Argentina and the Global market. We also obtained the projected
    annual growth rates.
•   We assumed conservative scenarios in both cases (for Argentina
    and the Global market)
Potential Market Size
     •      Our target are people aged 60+ years old and people with disabilities


                                             USD                USD
                                              4                  4
               4M                                                                         1000 M
Argentina




                                                                                                          Global
                               1,2 M                                      300 M
                                              0,24 M        56,3 M
            People aged       30% could have Touchscreen   Touchscreen     30% could      People aged
             60+ or with        access to       phone         phone      have access to    60+ or with
             disabilities      smartphones                                smartphones      disabilities

                            Usd 960.000                              Usd 225.000.000
     •      These annual figures are based on actual population and
            touchscreen phones penetration (year 2012). Projected annual
            growth rate: 60%
     •      Growth rate for our customer segment is higher than the population
            average
Is there any business opportunity?
•   Customers face problems with their phones
•   Wide customer base, more than 57 M people
•   Growth rate is higher than the average rate
•   Mobile and smartphone market skyrocketing in the
    next 5 years
•   Base product and adittional features could drive new
    revenues streams

•   We think this opportunity for the OEP is worth
    pursuing

Final report for OAP

  • 1.
    Final Report forOAP AR-Team
  • 2.
    Evaluation criteria cheatsheet Face-to-face interview with potential customers • 8 personal interviews Market size • slide #5; Argentina=usd0,96M/Y, Global=usd225M/Y 60% CAGR Survey • View reports performed to "Testing Value Proposition"; 100% of interviewed persons recognize problems faced in reading buttons and texts Lessons learned testing the hyphotesis • Develop just a framework/basic app that could interface with an API which specialized entities could upgrade/adapt for specific uses • Have in mind that third parties (wholesale customers) could sell the same platform to their own affiliates (health organizations) • Learning curve adjustments • Several ideas picked up from potential customers are introduced in slide #4
  • 3.
    Testing our Idea Our Hypothesis •1) Older people face problems to read cell phone buttons and would appreciate bigger ones. •2) Older people face problems to identify the right app following the cell phone's menu. Our Approach •We have conducted 8 face-to-face interviews with potential customers and partners Our Findings •We found that the majority of 60+ people face problems with their phones when they try to use advanced functions •Some of them avoid using smartphones because they were designed for young people
  • 4.
    Testing our Idea CustomerInsights • Include additional health care services as alarms and information • Accessories might help some users to interact better with their smartphones • It would be great if the phone could have a simplified interface, bigger icons, louder sounds, bigger fonts and bigger keyboard. Adriana agreed she will paid for an Monica thinks that a phone's app to application which provide the mentioned zoom in the icons on the screen would enhancements, however she would not be a good idea. spend more than 10USD for that. Conclusions • Based on those surveys we can say that there are customers that have problems using their smartphones and they are willing to pay for an app to improve the user experience
  • 5.
    Market assumptions • Estimations are based on Argentina and UN stats: • Those who are 60 years old or older • People with disabilities • The touchscreen phone market was sized using business stats for Argentina and the Global market. We also obtained the projected annual growth rates. • We assumed conservative scenarios in both cases (for Argentina and the Global market)
  • 6.
    Potential Market Size • Our target are people aged 60+ years old and people with disabilities USD USD 4 4 4M 1000 M Argentina Global 1,2 M 300 M 0,24 M 56,3 M People aged 30% could have Touchscreen Touchscreen 30% could People aged 60+ or with access to phone phone have access to 60+ or with disabilities smartphones smartphones disabilities Usd 960.000 Usd 225.000.000 • These annual figures are based on actual population and touchscreen phones penetration (year 2012). Projected annual growth rate: 60% • Growth rate for our customer segment is higher than the population average
  • 7.
    Is there anybusiness opportunity? • Customers face problems with their phones • Wide customer base, more than 57 M people • Growth rate is higher than the average rate • Mobile and smartphone market skyrocketing in the next 5 years • Base product and adittional features could drive new revenues streams • We think this opportunity for the OEP is worth pursuing