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Assignment 5
The Opportunity Analysis Project
(OAP)

       e-school by Tech-Educate
e-school


e-learning platform where you can access a
variety of educational material such as
language    course    materials, educational
podcasts, conferences, etc.

Languages + Technology = Future
OUR VALUE PROPOSITION

•   Unique collection of contents (courses, videos,
    syllabus,...) about learning languages.
•   New learning method through mobile app and online
    platform.
•   Interaction with other language learners and social
    features.
•   New distribution method.
•   Unique video content library.
•   Lectures in streaming.
•   An heterogeneous group of skilled professionals giving
    the customers a better pool from which to choose.
OUR SURVEY

We chose to do an online free
survey, to supplement interviews,
on 54 people chosen at random
who answer a set of 10 closed-
ended questions but giving them
the freedom to point out other
answers.

freeonlinesurveys.com
RESPONSES BY LOCATION




Most of the answers come from Spain. Only 1 from Russia.
AGE GROUP: 20-50




Our potential customers are from 20 to 50 years old.
€/ PER MONTH




Most of them want to pay less than € 20 a month for the service.
OCCUPATION




Most of them are working, although there is a large percentage who are
freelance.
NATIVE LANGUAGE




The mother tongue of our potential customers is Spanish.
LANGUAGES THEY WANT TO
         LEARN




A large percentage of our potential customers would like to learn
                            English.
LEVEL OF LANGUAGE THEY WANT
          TO LEARN




50% of them want to learn English at beginner and low intermediate levels.
GOALS TO LEARN LANGUAGES




 The main reason to learn a new language is to improve
                   language level.
PROBLEMS USING E-LEARNING




 Most people demanded speaking practice, followed by
             usability and online teachers.
TIME SPENT LEARNING
LANGUAGES




     Most people spend less than five hours/week to
                  learning languages.
METHODS TO LEARN LANGUAGES




   The most common learning method is free online
                    websites.
ADJUSTMENTS TO THE INITIAL
         IDEA


We have learnt from customers feedback that
most of these potential customers would pay
€20 or less for the services.
Taking into account those findings, we have
designed a series of service packages in order
to respond to customers demands.
AVAILABLE SERVICES
Free Account           Premium Account           Premium Deluxe
•   Learn 1 foreign
    language.
                       •   Learn 3 foreign
                           languages.
                                                 •   Learn unlimited
                                                     foreign
•   1 month of
    access to online
                       •   3 months of access
                           to online resources   •
                                                     languages.
                                                     6 months of
    resources          •   3 months of               access to online

•   1 month of
    speaking corner    •
                           speaking corner
                           3 months of online    •
                                                     resources
                                                     6 months of
                           tutoring                  speaking corner
•   1 month of
    online tutoring    •   Price: 20€            •   6 months of
                                                     online tutoring
•   Price: Free                                  •   Price: 60€
ESTIMATED MARKET SIZE
Purchases of product
Free service: 500.000
Premium account: 300.000
Premium Deluxe: 200.000
Total purchases/year: 1.000.000
Employees needed: 100

Estimated market size (€): 18.000.000€

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Venture lab technology entrepreneurship oap 2012

  • 1. Assignment 5 The Opportunity Analysis Project (OAP) e-school by Tech-Educate
  • 2. e-school e-learning platform where you can access a variety of educational material such as language course materials, educational podcasts, conferences, etc. Languages + Technology = Future
  • 3. OUR VALUE PROPOSITION • Unique collection of contents (courses, videos, syllabus,...) about learning languages. • New learning method through mobile app and online platform. • Interaction with other language learners and social features. • New distribution method. • Unique video content library. • Lectures in streaming. • An heterogeneous group of skilled professionals giving the customers a better pool from which to choose.
  • 4. OUR SURVEY We chose to do an online free survey, to supplement interviews, on 54 people chosen at random who answer a set of 10 closed- ended questions but giving them the freedom to point out other answers. freeonlinesurveys.com
  • 5. RESPONSES BY LOCATION Most of the answers come from Spain. Only 1 from Russia.
  • 6. AGE GROUP: 20-50 Our potential customers are from 20 to 50 years old.
  • 7. €/ PER MONTH Most of them want to pay less than € 20 a month for the service.
  • 8. OCCUPATION Most of them are working, although there is a large percentage who are freelance.
  • 9. NATIVE LANGUAGE The mother tongue of our potential customers is Spanish.
  • 10. LANGUAGES THEY WANT TO LEARN A large percentage of our potential customers would like to learn English.
  • 11. LEVEL OF LANGUAGE THEY WANT TO LEARN 50% of them want to learn English at beginner and low intermediate levels.
  • 12. GOALS TO LEARN LANGUAGES The main reason to learn a new language is to improve language level.
  • 13. PROBLEMS USING E-LEARNING Most people demanded speaking practice, followed by usability and online teachers.
  • 14. TIME SPENT LEARNING LANGUAGES Most people spend less than five hours/week to learning languages.
  • 15. METHODS TO LEARN LANGUAGES The most common learning method is free online websites.
  • 16. ADJUSTMENTS TO THE INITIAL IDEA We have learnt from customers feedback that most of these potential customers would pay €20 or less for the services. Taking into account those findings, we have designed a series of service packages in order to respond to customers demands.
  • 17. AVAILABLE SERVICES Free Account Premium Account Premium Deluxe • Learn 1 foreign language. • Learn 3 foreign languages. • Learn unlimited foreign • 1 month of access to online • 3 months of access to online resources • languages. 6 months of resources • 3 months of access to online • 1 month of speaking corner • speaking corner 3 months of online • resources 6 months of tutoring speaking corner • 1 month of online tutoring • Price: 20€ • 6 months of online tutoring • Price: Free • Price: 60€
  • 18. ESTIMATED MARKET SIZE Purchases of product Free service: 500.000 Premium account: 300.000 Premium Deluxe: 200.000 Total purchases/year: 1.000.000 Employees needed: 100 Estimated market size (€): 18.000.000€