hUB

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Marketing plan for the new Android App. hUB

Transcript of hUB

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Marketing plan for the new Android App.

hUB

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• An App to boost up your interest in a specific field,sharing information and fun between colleges .

• It mainly focuses on building up the bondage between students from various colleges in the same field of work to share information.

• A complete student friendly App.• Best App to explore your dreams.

Introduction

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Executive Summary

Situation Analysis

Goal

Strategy

Tactics

Implementation

The Marketing Plan : An Outline

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• A situational analysis often is called the foundation of a marketing plan.

• It includes a thorough examination of internal and external factors affecting a business. It creates an overview of the organization that will lead to a better understanding of the factors that will influence its future.

• The Facts : Utilizing market research, it defines the potential customers, projected growth, competitors and a realistic assessment of the business. It involves targeting the specific objectives in the business and identifying the factors that will support or hinder those objectives.

Situation Analysis

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Company Overview• Vision on the complete model.• Simple and easy idea to develop.• Zero initial budget.• All that is needed is a good User Interface to get into

the App and start exploring.• Good knowledge on market trends.• Marketing strategies.

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• Are your target customers male or female?• How old are they?• Where do they live? Is geography a limiting factor for

any reason?• What do they do for a living?• How much money do they make? 

Target Customers : Common questions

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• Sponsors backing out

• Similarities between other Apps

• Better exposure to the college world

• Android platform giving us broad view

• Various competitors across the world

• Simplicity of the App• Easy of use • Student friendly• New to the world

Strengths Weaknesses

ThreatsOpportunities

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Dance

Music

Sports

Art

• Provides the list of all colleges across India.

• Information regarding various activities going across the country and its accurate information.

• Different sections to select from according to your interest.

The App and its Services

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Market Overview

Free Apps Paid Apps0

1000

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Social Networking Music Games

*the values shown are in lakhs-source : google play store

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Why Android ?

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Various App categories and their reach level • According to a survey the following are some

numbers related to the categories of the app across the world and their reach out levels among the people.

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Goal• The purpose of goal-setting, whether in our personal lives or

within organizations, is to set our focus and increase our motivation levels. Let's first understand how to set a goal.

• What Are Goals? Goals are: Specific Measurable Achievable Realistic Timely

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Strategies

• Focus on Students.• Segments 1: Age (14-17) Higher education• Segments 2: Age (18-22) Engineering/MBBS• Segments 3: Age (22+) MBA• Segments 4: Age (22+) Doctor of philosophy and others.

Target Markets (Customers):

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App users in India

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• The main target would be Segments 2: Age (18-22) • That is the Engineering/MBBS phase as I feel this is a

long spent educational period and the students are highly enthusiastic to learn and grow.

• A complete mix of different tastes ,providing equal opportunities to everyone to grow .

Selected Segment

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Collaborators :

• The suppliers would be students from various colleges providing the information of their respective colleges about various fests and events

• Channel members and the communication partners can also be third party sponsors from various marketing and business fields.

Company :

• The key stake holders will be the topmost online reputed apps so as to spread the new idea fast and quick to the students.

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• The main issue occurs with the similar apps in the market growing day by day.

Competitors :

Context :

• The App starts with a trial version providing all the accurate information and later will be a paid one if the users wants to avail extra benefits from the App.

• Also the app makes it easy to have a complete information regarding a specific interest.

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• As a  value proposition we promise that a proper value will be delivered. In a nutshell, we make it clear that

• the App helps to solve customers’ problems or improves their situation (relevancy),

• deliver specific benefits (quantified value),• makes the customers why we are better than the competition

(unique differentiation).

Value proposition

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Customer value:• The students would very well take a go because of its

relevance to their field and interests.Collaborators value:• The collaborators would make a good deal of the App as

they serve as the core promotors in the marketing process.Company value:• The company can be a great hit and can provide with upgraded

versions to benefit their customers as well as the stakeholders.

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Research Network

Global Data

Media

Knowledge

TrendsConsumer Services

Accurate Info

To the point

Fast Response

New

Our Strengths

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Tactics

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Product :

• The product is the core of all the tactics which is the ultimate way of putting up the idea .

• It includes the availability of the App i.e. in the online markets.

• The Size of the App which has to be downloaded also matters a lot in this nano-tech world.

• Comparison of the App with other competitors in the market.• The cost in purchasing the premium version of this App which

would be discussed later.

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Service :

• The application provides online technical support for any issues with the payments or for the purchases made through the App.

• And it would be a general one initially for the trail version and a 24X7 for the premium users.

• The service team would look for each and every issue and resolves it within the next 24 hours of the dated complaint.

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Brand :

• The name “hUB” itself is a catchy one and represents aptly about the App that it is a place where everyone can meet.

• Aptly saying ,the meet place where different creative minds crosses over various talented students in the world and have a chance to collaborate with each other.

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• The application comes with a free trial version available on Google Play store and also the official website of the App.

• The premium version would also be available to avail extra benefits and discounts.

• More analysis is provided following…

Price :

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• The suggested price for the Premium Version of the App in US Dollars / Cents is $9.99

• The amount is around 600 rupees which a student can spend within his pocket money limit once in for all and he can save some money if he regularly uses it, which covers the app cost.

• Say suppose he uses it 10 times in the first year to get a discount of 60 rupees each, after 1 year he has got back his money which he has spent , so from the second year anything he uses is profitable for him, and if he is fast enough he could make it in 2-3 months .

Short analysis :

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Incentives :

• The various discounts and offers the App introduces on behave of the festival times and other special occasions stand a very good chance for the customers to have happy deals.

• Referral codes are also a good start to the App for expansion in the new marketing world.

• Cash backs schemes can be operated parallelly.

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Communication :

Distribution:

• The various tie ups can make effective communication.• Also advertising can play a major role.

• Apart from Google Play store the app is also available on the company’s official website.

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Implementation

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Infrastructures :

• The infrastructure needed to develop is a good application skills of coding and Cloud management, Networking and Security .

• The Data base must be maintained confidential.

• Inspection the reach of the app on the students among various colleges and institutions.

• Also a survey would very well help get the reviews and feedbacks on the App.

Processes :

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Schedule :

• The accurate and optimum scheduling must be done so as to look after each and every aspect of the App.

• Mainly the customer issues and the updating of the information regularly.

• The management of the work team must also be given preference.

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And Finally the Performance evaluation :

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Thank You

(All the thoughts and ideas are original and any similarities between the concepts of any other App is purely coincidental)

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#Copyrights_ReservedCreated by I.S.Venkata Tarun, NIT Jamshepur

during an internshipunder Prof. Sameer Mathur, IIM Lucknow