Date post: | 17-Nov-2014 |
Category: |
Business |
Upload: | lemonsantos |
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Team: Jobelle Azur, Raiza Corpuz, Minda Olarte, Sarah Rigodon, Lemon Santos, Honey Sy
Providing overseas Providing overseas education connection...education connection...
• ConnectED is not just a mobile application; it is a program that intends to increase the parenting effectiveness of OFWs.– It focuses on the academic performance of the
OFWs’ child.• ConnectED provides a diagnosis of the
performance of the students with OFW parents in public schools which will be sent through weekly reports for consistent monitoring.
• Cellular phones with ConnectED application will be deployed to public schools.– 1 ConnectED phone: 1 public school
• ConnectED= Connection + Education• It provides a three-way connection
between:
Market Opportunities
Mobile Market• Mobile penetration rate
has reportedly reached a mark of 75% at the end of 2008 and had reached almost 80% (72 million subscribers) by March 2009
• Mobile market is expected to be in a steady rise for the next few years.
OFWs and Students• 11 million OFWS with
children studying in public schools.
• OFWs are often on the go.• Students are now
preferring alternative ways of gathering and giving academic information.
• 14 million out-of-school youth.
• One of the reasons for dropping out of school is lack of guidance.
Competitive Analysis
• There is no direct competitor.• Child’s academic performance is relayed
to the parent through simple “kamustahan”.– SMS cost 15 pesos per text.– IDD rates: 20 pesos per minute.
• OFWs are often busy with their work; do not have time to check emails.
Business Model• At the early stages of development, ConnectED
plans to finance its operations through partnerships and grants– Cellphone manufacturers: provide phones where
application will be installed.– Telecommunication companies: provide overseas
connection for the parent and the teacher.– Govenment/ NGOs: help provide proper incentives
and benefits for the administering teacher.• After a few years of successful operations, OFW
will pay a small amount for the service.• Complete roll-out of ConnectED application will
be in retail.– Application will be sold to institutions which are in
need of the service.
How does it work?
SYSTEM
OFW ParentOFW Parent• Provides accurate and
factual information regarding the student’s academic status.
• Consistently monitors and updates the parent about the student’s performance.
• Multimedia will enrich the experience– better than asking their child’s academics through the telephone.
Benefits
TeacherTeacher• Helps develop a strong
connection with the parent and the child.
• Gets a few incentives and benefits that can be offered by the government or the parent for participation in the program.
• Involvement in the program entails personal satisfaction through helping develop a better means of communication for the parent and the child.
StudentStudent• Easier to
communicate academic performance to parent.
• Academic performance will be guided through consistent monitoring.
• Enriches the relationship, not just with the parent, but also with the teacher.