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FOR A SMARTPHONE APPLICATION

Marketing plan for an app

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Page 1: Marketing plan for an app

FOR A SMARTPHONE APPLICATION

Page 2: Marketing plan for an app

Annoyed by everyday

calculations?

EMI Interests

Bills

Page 3: Marketing plan for an app

Get frustrated while

calculating tax or

managing finances?

Page 4: Marketing plan for an app

No clue about mortgages

and real estate?

Page 5: Marketing plan for an app

Confused by dozens of

units or currencies?

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Tensed about your health?

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Troubled by math or physics?

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Well…

RELAX..!

And pass on your worries

to us..!

Page 9: Marketing plan for an app

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.

Page 10: Marketing plan for an app
Page 11: Marketing plan for an app

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.

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This application lets users create their own formulae, keep a history of calculations and share results with others.

Page 13: Marketing plan for an app

VISION

TO BE THE BEST CALCULATORAPPLICATION AND THE MARKET LEADER IN THE CALCULATORS’ MARKET (BOTH IN TERMS OF REVENUE AND MARKET SHARE).

Page 14: Marketing plan for an app

MISSION

To simplify and speed up user’s day-to-day calculation tasks by providing a wide range of customisable calculators and converters.

Page 15: Marketing plan for an app
Page 16: Marketing plan for an app

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.

Page 17: Marketing plan for an app

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.

Page 18: Marketing plan for an app

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.

Page 19: Marketing plan for an app

MARKET OVERVIEW

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• 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.

Page 21: Marketing plan for an app

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.

Page 22: Marketing plan for an app

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.

Page 23: Marketing plan for an app

THE

GOAL

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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.

Page 25: Marketing plan for an app

HCFH

Page 26: Marketing plan for an app

STRATEGY:

Identifying the target

market

&

Defining the app's value

proposition

Page 27: Marketing plan for an app

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

÷

=

%

Page 28: Marketing plan for an app

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

Page 29: Marketing plan for an app

-

÷

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.

Page 30: Marketing plan for an app
Page 31: Marketing plan for an app

BRANDING

LOGO AND SLOGAN:

CalCCalculate anything, on the fly!

+

-

x

÷

=

%

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Page 33: Marketing plan for an app

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.

Page 34: Marketing plan for an app

PRODUCT AND PRICE

BUY ONLY WHAT YOU NEED!

Page 35: Marketing plan for an app

INCENTIVES

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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.

Page 37: Marketing plan for an app

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.

Page 38: Marketing plan for an app

COMMUNICATION

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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.

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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.

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DISTRIBUTION CHANNELS

#Google Play #iOS App Store #CalC website

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IMPLEMENTATION

Implementing the strategies within the given budget.

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• Executive Summary

• Situational Analysis

• Goal

• Strategy

• Tactics

• Implementation

Let’s

Recap!

Page 44: Marketing plan for an app

DISCLAIMER

This presentation is created by Hinal Kotak, L.D. College of Engineering, Ahmedabad, during a marketing internship under Prof Sameer Mathur, IIM Lucknow.

Page 45: Marketing plan for an app

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