The document describes a proposed University Dictionary application and website that would provide a directory of every university with detailed degree listings to help students tackle problems in their education. It would allow instant access to information for students and opportunities for colleges to advertise. The business model would involve partnerships with key universities, detailed university and degree information, student feedback, virtual tours, and communication features. Revenue would come from small fees for virtual tours and subscriptions from universities.
2. What is the University Dictionary?
Application and Website
Directory of every university & detailed list of
degrees
Help tackle problems being a student
Educationally orientated
Allows students instant access to information
Enables colleges opportunity to advertise
themselves
Research– (We learned how much we use our
phones daily, decided to invest efforts in app for
phones)
4. Key Activities
Possible Universities
Every college in detail
Feedback from past pupils
Possible Degrees
Course selection
Rate and review
Virtual Tours
Unique Selling Point
Saves student time and effort
Communication
Contact details
Questions answered
Business Model
5. Value Proposition
Most important selling point
Availability of information is much easier
Information to students is free of charge
Revenue gained
Small fee for virtual tour of colleges
Subscription fee from universities
Four Characteristics
Originality
Performance
Customization
Usability
Business Model
6. Customer Relationship
Positive and helpful relationship
Encourage good feedback
Established relationships with Universities & students
Able to connect and engage target audience
Relationships based on trust & communication
Training and mentoring employees
‘Good manners costs nothing’
Hits and reviews are a major factor
Future advertising using testimonies
Business Model
7. Customer Segment
Target group = High School graduates
18 to 25 year olds
Keep it stupid simple
We want to reach our customers
Costs as low as possible
Approach a mass market of students
Business Model
11. Revenue Stream
Approach Universities we want
Reach a financial agreement
Invite students to pay for certain information
Advertising the app to our target group
Seek funding and sponsorship
Business Model