Date post: | 19-Jan-2017 |
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Marketing |
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AN ANDROID APPLICATION
MARKETING PLAN
•SPACES is a proposed initiative for the ‘read it later’ service industry.
•It is to be established as an Android application, aiming for integration with 3rd party apps.
•It aims to enhance readership experience as well as Social networking of its users, in a profitable manner. It aspires to be a leading app in this industry. Currently it aims at acquiring substantial market size.
It targets the professionals, students, researchers, entrepreneurs and knowledge workers.
•The problem is this:
• Chances are, you stumble upon a lot of articles and other content during the day that look interesting, but that you don't have time to do so at the moment. Instead, you want to come back to the content when you have free time.
It's easy for good content to vanish into the black hole of the internet.
Instead of letting it disappear, you can use a "Read It Later" app to centralize all that content.
At their core, Read It Later apps bookmark the things you want to come back to, to read in downtime, on your preferred device in a much friendlier, more beautiful format.
•The Company is recently incorporated and this would be the first market offering of the company.
• Industry: android app providing ‘save for later’ services. It is already established with 3-4 major players.
A research has been conducted to understand the customer behaviour and their selection of the Mobile application.
1. Types of Content Users Save
Reading Experience
Organizational Options
Save Method
Multimedia
Cross-platform Support
Curated Content
Social
PriceWhat additional features do you get for a paid subscription?
How does the service help you find new things to read?
How well does the service work with various devices, and how easy is it to export items out to other services?
How easy is it to connect with other readers through the app or to share material out of the app to your various networks?
How does each service handle material beyond words like images and video?
How easy is it to save items to read later, and what options are available as you save them?
How can one sort and organize the items that have been saved? And how easy is it to find an item that’s not at the top of your list?
How does the app provide wonderful reading experience to the reader?
2. Criteria for Selection
The market for mobile apps is already big -- and it’s just going to keep getting bigger.
Why Android app and not an iOs app?
Android is currently the leading global Smartphone operating system
By 2017, the App Market Will Be a $77 Billion Industry.According to the survey, an average spends maximum time on ‘SEARCH, PORTALS and SOCIAL’ applications and minimum time on ‘ COMMERCE AND SHOPPING’ applications in Top 5 Smartphone Apps.
Seeing a huge market size, the company feels there is a scope of growth and profitability in this sector.
Competitors
POCKET INSTAPAPER
READABILITY
INDIRECT COMPETITION
DIRECT COMPETITION
Evernote Safari Reading List
STRENGTHS
WEAKNESSES
OPPORTUNITIES
THREATS
SWOT Analysis
• Strong brand name of competitors.• The competitors are well integrated
with most of the third party apps.
• Superior product• Pricing effectiveness• Pricing competitiveness• A sound value system
• Convergence of industry trends.• Continuous evolving technology.• Huge market size with more demanding customers
• Low availability of capital• A newcomer- 0 company
reputation and customer base
The company has decided to focus on individuals who are always on the go or find themselves short on downtime throughout the day.
STUDENTS RESEARCHERS
KNOWLEDGE WORKERS
ENTREPREUNERS
AMBITIOUS PROFESSIONAL
S
Customer AcquisitionGreater integration with 3rd party apps
(collaborators)
Greater user experience and simplified user
interface
Become a zero debt institution in about 3
years.
Embed ‘Spaces’ in every part of Web
Attaining 5% market share by the end of 6 months
100 customer reviews at the end of 2 months
Integrate with 100 3rd party apps for sharing content (social) by end of 3 months
Integrate with 100 3rd party apps for saving links by end of 3 months.
To receive 25 lakhs in sponsorships in 3 months
To get atleast 50 users to subscribe for premium services in 5months
CUSTOMERS
Save content and view offline- working
professionalsSocial- recommending,
tagging
Article discovery
Researching and what is trending
Even if articles disappear on net, you have a copy
COLLABORATORS
PARTNERSHIPS• Supported devices• Supported apps
KEY STAKEHOLDERS• Customers• Company Personnel• Partners• Distributors
COMPETITOR
POPs
Core need of target
marketsTag
suggestions
Archiving the
articlesAd free experienc
e for premium
users
Recommending
articles
Customised user
interface
POCKET VS SPACES
PODs
Offline diction
ary Night mode readin
g
Folder creatio
n
Supported
devices
Consolidation
of duplicate links
Saved videos
in offline mode
Speech to text
POCKET VS SPACES
CUSTOMERS
CUSTOMISED INTERFACE
CURATED CONTENT
CONVENIENCE- EASE OF SAVE AND
VIEWINGCOMPETENT
PRICE- EFFECTIVE
BETTER ORGANIZATION AND
MANAGEMENT OF CONTENT
AFFORDABLE
CUSTOMER ORIENTED
SPACES IS TO ENSURE YOUR COMFORTABLE PERSONAL SPACE
RESPONSIVE TO FEEDBACK
SOCIAL
Value PropositionPositioning Strategy Positioning
Statement
COLLABORATORS
Greater Revenue
Larger viewership
Analytical Support
Other technical Support
Guaranteed returns on investment
Business doesn’t work in Isolation, and SPACES is the right partner
Value Proposition Positioning
StrategyPositioning Statement
COMPANY
Greater Profitability
Rewards- bonuses, hikes, non monetary
United We Stand, Stronger We Are
Better Brand Image
Higher incentives
Higher customer Value
Condensed culture
Expanded skill set and higher
opportunities
Value Proposition
Positioning Strategy
Positioning Statement
Tactics
• Attribute: Android mobile and desktop application
Supported Devices
‘Spaces’ has official apps for Android, Chrome, and the web. There are also third party clients for Windows Phone.
Supported AppsIf you want to save content
from Youtube,Feedly, Facebook, NewsRoom, Flipboard, Instagram, Twitter,Zappier, ‘Spaces’ is the service to use.
Free services One can save articles, book reviews, song lyrics, recipes,
pictures, videos in the app.
Saved articles and pictures can be read/ viewed in offline mode. No wifi required. Saved Videos require Wifi connection.
Customised Reader Interface- Choose from different fonts, multiple font sizes, paragraph spacing, and line spacing options as well as three color palletes.
Choose from two views on the home screen: a tiled "card" view and a traditional list view.
Recommended articles/ videos as well as follow others and read articles they have liked.
Send articles to other people via email, or—even better—straight to other ‘Spaces’ users.
Saved articles/ videos/ pictures stays in queue for 15 days. Afterwards, they are archived.
Multipage supporter
Fastest content downloader
Night Mode feature
Premium Services Annotations- unlimited, endless notes.
Saved videos can also be watched in offline mode.
Duplicated links are consolidated.
Highlights- allows user to highlight and save bits of articles,/ videos instead of archiving the entire article or video.
Speed read through articles or listen to them with dictation
User can create folders to organize saved content.
Theme management and smart tag suggestions
lifetime access to archives
Inbuilt offline dictionary
ad and banners free mode
BRAND NAME: SPACES
TAGLINE: LOGO:
MEANING: when an interesting content catches the attention if people, who are always on the go, they can click and Save the link. It is in their comfort space that they come back to the links. Taken other way, Spaces is a place to Store your articles and videos.
SAVE ON THE GO. READ IN FREE SPACES!
•The business model is a FREEMIUM MODEL.
Certain services are free. Only a user account is required for access.
The advanced services, i.e, Premium Services will be charged on subscription at $2.5/ Rs. 167.5 per month.
The prices have been charged lower than that of competitors along with superior features.
CUSTOMERS COMPANY PERSONNEL
Rewards in form of bonuses, paid trips and non monetary incentives are given for: Suggestions for
improvising or innovating the app
bringing premium users fund raising apart from
the finance department
COLLABORATORS
Analytics— Publishers can see what’s being saved, how often
it’s being read and which authors are most effective over a 24 hour,
7 day or 30 day period.
Custom footers — When an item is saved to SPACES, if the site is
part of the SPACES for Publishers program, they can add a footer
to the article with custom messages.
Save to SPACES button — the Save to SPACES option will allow
users to grab content with a click, even if they don’t have the SPACES bookmarklet installed in
their browser.
Site subscriptions — For sites with a paywall, SPACES has integration that allows the content to be accessed via subscribers, directly within the app.
Building very simple APIs for the ease of partnerships and integration.
It has developed certain tools for its publishers:
SPACES IS A USER FRIENDLY, EXTREMELY SIMPLIFIED APP WTH THE AIM TO ENHANCE READER EXPERIENCE AND SOCIAL. IT AIMS FOR TRANSPERANCY, SIMPLICITY AND EFFECTIVENESS.
DYNAMIC WEB SITE
DIGITAL PR AND
PARTNERING
INTERACTIVE BLOG & FORUMS
VIRAL VIDEOS
& GEURRIL
A MARKETI
NG
ONLINE ADVERTIS
ING
SOCIAL MEDIA
&TWITTER) PAGES
SEARCH ENGINE
OPTIMIZATION
WORD OF
MOUTH & APP REVIE
WS
EMAIL MARKETIN
G
GOOGLEGOOGLE PLAY
STORE
AD NETWORKS
Implementation
A team of 5 would be the organization, as of now. They will be hired using services of an HR Consultant.
FounderWeb DeveloperTechnical ManagerFinance ManagerMarketing ManagerLegal Consultant (not a permanent employee)
App Development
Partnerships and
Collaborations
Pre launch Marketing
Launch
Marketing Tactics
Feedbacks and monitoring
Bug fixes and up gradations
START HERE
ACTIVITY TIME TAKEN
Control
NEW CLIENTS ACQUIREDCLIENT/PARTICIPATION FEEDBACKCLIENT RETENTIONNEW FEATURES AND CONTINUOS INNOVATIONEXPENSES: MONTHLY AND ANNUALLYREVENUE: MONTHLY AND ANNUALLYCOMPETITORS OFFERINGS
FOLLOWING AREAS WILL BE MONITORED VERY CLOSELY BY ‘SPACES’ MANAGEMENT:
•This presentation is created by AYUSHI GUPTA, SRCC, University of Delhi, during a Marketing Internship under Prof. SAMEER MATHUR, IIM Lucknow.