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FOR A SMARTPHONE APPLICATION
Annoyed by everyday
calculations?
EMI Interests
Bills
Get frustrated while
calculating tax or
managing finances?
No clue about mortgages
and real estate?
Confused by dozens of
units or currencies?
Tensed about your health?
Troubled by math or physics?
Well…
RELAX..!
And pass on your worries
to us..!
Download CalC on your
Android or iOS mobile
phone and relieve your
brain from unnecessary
stress. Our app would
assist you in all kinds of
calculations.
CalC is a powerful ALL-IN-1 calculator application for mobile
phones. It has financial, business, real estate, algebraic and scientific calculators, unit and currency converters and even health and fitness calculators. It also addresses niche requirements by providing features like programmer’s CalC, engineer’s CalC and constructor’s CalC.
This application lets users create their own formulae, keep a history of calculations and share results with others.
VISION
TO BE THE BEST CALCULATORAPPLICATION AND THE MARKET LEADER IN THE CALCULATORS’ MARKET (BOTH IN TERMS OF REVENUE AND MARKET SHARE).
MISSION
To simplify and speed up user’s day-to-day calculation tasks by providing a wide range of customisable calculators and converters.
Company Overview
• Freemium App i.e. Free as well as Premium versions available.
• Extremely interactive and user-friendly interface.
• Simplifies everyday calculation tasks.
• Available on Google Play and iOS App Store.
Features of CalC
Lets you:
• Perform a variety of calculations.
• Save the history of calculations.
• Store a digital copy of the results.
• Instantly share results with others on the app or via e-mail.
• Create or customise and save your formulae or templates for future use.
• RPN input available.
CalC: Categories
• Basic calculations
• Finance: %, Interest, EMI, Income Tax, etc.
• Real estate and mortgages
• Investing: Stocks, bonds and shares.
• Conversions: units and currencies
• Health and fitness: BMR, ideal weight, calorie requirement, etc.
• Scientific: trigonometric and logarithmic functions, algebra, etc.
• Construction and engineering
• Programming: Binary, octal, hexadecimal conversions, Gate operations, etc.
MARKET OVERVIEW
• Strategic Asset is all your calculations at your fingertips.
• Collaboration with firms who want to advertise on our platform.
• powerOne is currently our biggest competitor in the market.
• Targeted at almost everyone using a smartphone- from businessmen to housewives to students.
• Available on platforms like Google Play and iOS App Store.
OPPORTUNITIES
There is a huge demand for a powerful and convenient, ALL-IN-1 calculator app. Basic need of calculations in everyday life frustrate people and may lead them to errors and mistakes. That is when CalCcomes to help.
RISKS
Low budget of marketing. A large number of competitors who provide similar products for free. Challenge to
innovate continuously with the changing needs and update the app whenever there are changes in financial
policies and laws.
TARGET CONSUMERS
• Everyone who has to do various financial, real estate or
investment calculations
• Housewives and others using smartphones, to keep a
track of savings and expenditure.
• Students who need to do scientific calculations.
• Constructors and programmers.
• Health conscious people who use fitness calculators.
THE
GOAL
The aim is to achieve over fifty
thousand premium users at the
end of one year into service.
Maximize the market share, sales
and thus the revenue.
Create a brand image and be the
best service provider in the
respective market.
HCFH
STRATEGY:
Identifying the target
market
&
Defining the app's value
proposition
CUSTOMERS:
People who need to do
various calculations in their
day-to-day life. Mostly
people in the age group of
18-60 years, who possess a
smartphone.
+
-
x
÷
=
%
COLLABORATORS:
Companies who need to
reach out a similar market
segment.
Companies who want to be
visible and want to promote
themselves via our app.
+ x
-
÷
COMPETITORS:
Companies providing
similar apps. powerOne is
our biggest competitor at
present.
We can tackle them by
providing more and better
value for lesser money.
BRANDING
LOGO AND SLOGAN:
CalCCalculate anything, on the fly!
+
-
x
÷
=
%
PRODUCT AND PRICE
CalC is a FREEMIUM product i.e. free and premium versions are available.
Free version includes basic calculations and conversions.
Different packs of premium version to suit your needs and pocket, starting from $2.5 for 6 months.
PRODUCT AND PRICE
BUY ONLY WHAT YOU NEED!
INCENTIVES
FOR CUSTOMERS:
If a user gets 5 or more people to
download the free version of the
app, he gets the premium version at
a discount of 25% on whichever
pack he selects.
FOR COLLABORATORS:
They get to promote their products
on our app.
If they fetch us 5 or more premium
users in a month via their networks,
they can advertise themselves for
free on our app for a month.
COMMUNICATION
Social media would be the primary mode of communication.
The goal would be to have wide presence on these sites and
gain maximum number of followers.
Google Ads, websites and bloggers would also be our critical
advertisers. We would try to win various app-competitions to
enhance our brand image and gain popularity as a MUST-
HAVE smartphone app.
DISTRIBUTION CHANNELS
#Google Play #iOS App Store #CalC website
IMPLEMENTATION
Implementing the strategies within the given budget.
• Executive Summary
• Situational Analysis
• Goal
• Strategy
• Tactics
• Implementation
Let’s
Recap!
DISCLAIMER
This presentation is created by Hinal Kotak, L.D. College of Engineering, Ahmedabad, during a marketing internship under Prof Sameer Mathur, IIM Lucknow.
http://www.campbell.edu/images/features/foundersweek-2015/thankyou-banner.jpg