Marketing plan for android app of JEE from IITians

26

Transcript of Marketing plan for android app of JEE from IITians

Page 1: Marketing plan for android app of JEE from IITians
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Product

Problem to Solve

E-coaching from the students of various IITs for

JEE and engineering exams

Unavailability of quality education at affordable

price

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What’s New

Channels

Connecting students with their idols through this network of knowledge,

experience and motivation

Used digital channels for both marketing as well as

distribution

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Situation analysis

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Market Analysis

Expensive Coaching for

JEE

Unavailability of Quality

education at non-metro

cities

Market Analysis

Expensive Coaching for JEE

Unavailability of Quality education at

non-metro cities

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Kota is the only option to go

Unavailability of Quality

education at non-metro cities

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Opportunity in this situation

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Offline and online Competitors

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Goal

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To provide quality

education at affordable

price

To gain the value of the customers

By efficiently using the emerging

digital technology

To gain maximum

market share

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Strategies

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Marketing strategy and objectives

Segmentation and

Targeting

Positioning Strategies

Pricing Strategy

Value Propositions

Marketing strategy and objectives

Segmentation and

Targeting

Positioning Strategies

Pricing Strategy

Value Propositions

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Segmentation and

Targeting

All Engineering aspirants from all

backgrounds

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Pricing Strategy

$ 7 per section-wise topic

$ 280 for whole-package

$ 110 per subject

Creating Value

Offering the section wise topic at lower price will attract large trial users and will position a unique image in customer’s mind with risk-less investment

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Differentiation

Product Difference Service Difference

• Quality application based video teaching along with career orientation.• Well organised study material’s content

• Free installing app on play store with low prices for the premium version.• Online doubt class forum on the app.

Creating Value

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Trial videos for each topic get the students to know about the quality of teaching been provided which increases the value perception of the brand.

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Tactics

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Brand Element

(Success pathway from winners)

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Incentives

By offering FREE video unlocking system to the great performer in the test associated with that particular video

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Pricing Tactics$ 7 per section-wise topic

$ 110 per subject

$ 280 for whole-package

To attract huge

number of trial users

Low price for whole package to encourage one time full

buying

To attract coaching

students who have problems in

particular subjects

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Implementation

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Smartpads

Distribution Channel

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Marketing & Promotion Channels

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Comparing

Correcting

Measuring

Control

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Created by Aditya Deva, IIT Ropar during the marketing internship under Professor Sameer Mathur, IIM Lucknow

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