Top Banner
39

Lesson Builder 2.0 (Spring 2010)

May 06, 2015

Download

Education

Grace Cheung

Integrated Marketing Communications at UCLA.
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Lesson Builder 2.0 (Spring 2010)
Page 2: Lesson Builder 2.0 (Spring 2010)
Page 3: Lesson Builder 2.0 (Spring 2010)

Teach.

Page 4: Lesson Builder 2.0 (Spring 2010)

Learn.

Page 5: Lesson Builder 2.0 (Spring 2010)

Your Way.

Page 6: Lesson Builder 2.0 (Spring 2010)

Introduction

• Company: Home Educational Networks, LLC

• Founded by four UCLA Extension students

• Service: Lesson Builder 2.0

• Customer: Parents of Home-based Students

• Goals: 1% market share by end of 1st year

and $1 million in revenue.

Page 7: Lesson Builder 2.0 (Spring 2010)

Who is home schooling?

• 1.1 million children are home-schooled each

year

• Reasons: Religion, Distance, Special Needs,

Anti-Establishment, and Better Education

• Commonality: Parents want to be in control

• We provide control, options, and simplicity

Page 8: Lesson Builder 2.0 (Spring 2010)

What is Lesson Builder 2.0?

• Revolutionary online home-school resource for

parents and students

• Aggregates free educational content from the

internet and organizes it into lesson plans

• Allows parent teachers to build and customize

their own curriculums in our easy to use website

• Think Wikipedia, but with better organization,

trustworthy content, and social networking

features

Page 9: Lesson Builder 2.0 (Spring 2010)

Stakeholder’s Analysis

Page 10: Lesson Builder 2.0 (Spring 2010)

Company: Core Values

Mission Statement: To help parents be the best teachers they can be.

Vision Statement:

To provide the most comprehensive, flexible and rewarding lesson planning resource for parents, using the latest Internet technology.

Company

Customer

Competitor

Community

Page 11: Lesson Builder 2.0 (Spring 2010)

Company: Brand

• Brand & Position: Progressive, small start-up,

tech-driven, community-oriented. The best

resource for building high-quality lessons.

• Marketing: company blog, online advertising,

print, affiliate partnerships, marketplace/forums

• Strengths: sense of community, allows flexibility,

accessible resource, fun

• Weaknesses: Relatively new, we don’t create

our own educational content

Company

Customer

Competitor

Community

Page 12: Lesson Builder 2.0 (Spring 2010)

Company: Product Brand

Lesson Builder

2.0

Simple

User-friendly

Flexible

Customizable Shareable

Community-oriented

Internet & Web 2.0

functionality

Reward Parents

&Student Achievement

Company

Customer

Competitor

Community

Page 13: Lesson Builder 2.0 (Spring 2010)

Customer: Market

Educational Home-Schoolers (48%)

Religious Home-Schoolers (30%)

Behavioral/Special Needs (14%)

Other Reasons (9%)

Total Market: 1.1 Million Students

Company

Customer

Competitor

Community

Page 14: Lesson Builder 2.0 (Spring 2010)

Customer: Market

Population

1.1 Million students in the United States

Demographics

Most non-Hispanic Whites

Married Couples

1 Stay at Home Parent

Moderate-High Education Levels

Middle Income

Market Value

$300 Million

Company

Customer

Competitor

Community

Page 15: Lesson Builder 2.0 (Spring 2010)

Customer: Market

What they want:

– Better education than what’s available

– Access to more advanced curriculum

– More control & involvement in children’s

education

– More flexibility

– More resources

Company

Customer

Competitor

Community

Page 16: Lesson Builder 2.0 (Spring 2010)

Company: Positioning

Company

Customer

Competitor

Community

Perceptual Map

Page 17: Lesson Builder 2.0 (Spring 2010)

Competitor: K12.com

• K12.com develops their own curriculum

• “Developed by curriculum experts and

course designers individualized for each

student”

Company

Customer

Competitor

Community

Page 18: Lesson Builder 2.0 (Spring 2010)

Competitor: K12.com

• Brand & Position: Top notch curriculum,

geared towards academic excellence

• Marketing: Online marketing, affiliate

marketing, sales reps

• Strengths: Highest quality curriculum,

comprehensive

• Weaknesses: Price could prevent many

potential customers from enrolling, not

a community

Company

Customer

Competitor

Community

Page 19: Lesson Builder 2.0 (Spring 2010)

Competitors: Other

Company

Customer

Competitor

Community

Other Direct Competitors

Homeschool.com

Time 4 Learning

ReadWriteThink.org

EducationWorld.com

Indirect Competitors

Public Schools

Private Schools

Charter Schools

Online Schools

Page 20: Lesson Builder 2.0 (Spring 2010)

Community

• Government currently trying to

regulate home-schooling

• General public perception that home-

schoolers are weird & anti-social

• Our community is progressive and

social

Company

Customer

Competitor

Community

Page 21: Lesson Builder 2.0 (Spring 2010)

Marketing Mix

Page 22: Lesson Builder 2.0 (Spring 2010)

Product

Lesson Builder 2.0 helps parents build

lesson plans, quicker and more easily

than ever before

Page 23: Lesson Builder 2.0 (Spring 2010)
Page 24: Lesson Builder 2.0 (Spring 2010)
Page 25: Lesson Builder 2.0 (Spring 2010)

Product: Unique Selling Proposition

Build Lesson Plans

Share on Lesson Plans 2.0

Marketplace Make $

Page 26: Lesson Builder 2.0 (Spring 2010)

Product: Key Features

User-friendly interface to build lesson plans

• Drag & drop functionality

• Assessment Tools

Calendar & other organizational tools, with up-to-the-minute alerts

“Suggested Templates” feature

• Initial Survey

• Results returned based on special algorithm

Option to Share Lesson Plans

Option to Sell Lesson Plans on Lesson Builder 2.0 Market Place

Page 27: Lesson Builder 2.0 (Spring 2010)

Product: Benefits

Better Organization

Easier Planning

Save Time! Adapt to Each

Child’s Learning Style

Choose the Right

Curriculum

Flexible Total Control

Financial Incentives

Building Lesson Plans =

Fun!

Page 28: Lesson Builder 2.0 (Spring 2010)

Price

• Free for registered users

• Pay-per-lesson Pricing Model

– Purchase lessons in marketplace

– Prices set by amount of content & length

– Per quarter: $20 / lesson

– 50% of each sale goes to Home Educational

Networks, LLC ($10 earned)

• Revenue Objective: $1,000,000

Page 29: Lesson Builder 2.0 (Spring 2010)

Price: vs. Competition

• K12.com Pricing Options:

– $22/course (offers bulk discount)

– Subscription: $29.95/month

– Teacher Supported:

• $225-$375/Semester

• $450-$750/Year

Page 30: Lesson Builder 2.0 (Spring 2010)

Place

• Distribution Channels:

– Content Distributed Online

– Book publishers

– Partner with other homeschool & educational

resources

• Headquarters: Los Angeles, Ca

Page 31: Lesson Builder 2.0 (Spring 2010)

Promotion: Content

• Communications change as service expands

“Build & Share

Lessons”

“Choose from Thousands of

Proven Lessons”

Growth Phase $ Phase

Page 32: Lesson Builder 2.0 (Spring 2010)

Promotion: Media

Tactic Impressions

Educators 2.0 Conference (uncounted)

Print Campaign 100,000

Online Marketing 400,000

• 500,000 Impressions

Page 33: Lesson Builder 2.0 (Spring 2010)

Promotion: Location

• Timing: Launch Spring 2011

– Summer Promotion

• Location: Rural & Suburban, West & East Coast

Page 34: Lesson Builder 2.0 (Spring 2010)

Promotion: Objectives

• Revenue:

– Our goal = 10,000 customers ($2,000,000)

– Average 12 courses at $20 each ($200/year)

– Assuming 2% response rate, we need 500,000

Impressions to real goal

– Company Revenue $1,000,000

Page 35: Lesson Builder 2.0 (Spring 2010)

• Seminar Micro-Site (Educators 2.0 Conference)

– All print and web advertising lead to single URL

– Links to Lessonbuilder.com

– Tracking codes assigned to all ads

– Lessonbuilder.com has dedicated Seminar page

• Lesson Master Blog:

– Tutorials and tips for Lesson Builder 2.0

– Updates parents with news & trends

• Mission is reflected in all communications

Promotion

Page 36: Lesson Builder 2.0 (Spring 2010)

Integration Strategy

• Integrated campaign that understands the

needs of its target consumer, the parent

• One strong message: “Teach. Learn. Your Way.”

• Involve teachers with the creation of lesson

plans and educational content

• Allows teachers to earn extra revenue

Page 37: Lesson Builder 2.0 (Spring 2010)

Future Market Expansion

• Remaining 99% of homeschool market

• Expatriate community

• Teachers: Resource for developing lesson plans

• Eventually adapted by students and educators

for use in traditional schooling environments

Page 38: Lesson Builder 2.0 (Spring 2010)

Future Product Expansion

• University level lesson builder

• Accredited curriculum for high school

• Test prep (SAT, GRE, TOEFL, etc.)

• Worldwide use in multiple languages

• Subscription pricing model for school districts

Page 39: Lesson Builder 2.0 (Spring 2010)

Teach. Learn. Your Way.