Notesolution deck
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This document summarizes Notesolution, an online study notes sharing platform. It outlines Notesolution's mission to provide accessible and affordable course materials to 21 million North American university students. It details Notesolution's revenue sources from various course materials and growth projections. The document also discusses Notesolution's competitors and strategies to scale its user base and content coverage across more universities in North America.
Notesolution deck
- 1. Jack Tai | jack@notesolution.com | (416)820-9583 | angel.co/notesolution
- 2. Help! Need study guides! Teaching assistant is not responding... I need notes! Huge lineup during office hour! 21million North American university students
- 3. Tutor
- 9. Instant access to unlimited course content $32SEMESTER $60 YEARLY $10 MONTHLY
- 10. $40,000 3 SCHOOLS 1,500 SUBSCRIBERS Launched at the end of Jan 2013
- 11. COST OF PRODUCTION ECMA04 2 midterms 1 final $300 TOTAL REVENUE $858.53 PROFIT $558.53 COST OF PRODUCTION MATA32 1 final $250 TOTAL REVENUE $800 PROFIT $550 COST OF PRODUCTION ECMA06 1 midterm 1 final $400 TOTAL REVENUE $2105 PROFIT $1705 8%CONVERSION
- 12. 2012 $48.8 B 2015 $95.4 B 2017 $149.0 B 2012-2017 GROWTH 25% (CAGR) Higher Ed eLearning Market Size US Market Size 2012 $17.4 B 2015 $28.6 B 2017 $39.8 B 2012-2017 GROWTH 18% (CAGR) Source: http://gsvadvisors.com/wordpress/wp-content/uploads/2012/04/GSV-EDU-Factbook-Apr-13-2012.pdf
- 15. Thank you for creating this website! It has allowed me to catch up with my most difficult course! #lifesaver Tanya from University of Toronto “ Thank god for Notesolution for saving me for my exam tomorrow... best discovery ever! Kevin from University of Western Ontario “ I ♥ Notesolution because it is a great resource and site to use for getting great notes. It definitely helped me a lot in past finals and midterms! Angela from University of Waterloo “ I love Notesolution because it provides me with a way to organize my notes! Melvis from McGill University “
- 17. GAMIFICATION By incentivizing students with badges and credits, we drive contribution of quality content.
- 18. STRUCTURED CONTENT The next step for us is not only to allow students to contribute their self-created material, but also provide them with the means to curate content from other sources, and bring it all back to Notesolution in a structured format.
- 19. VIDEO We produce scalable video tutorials for common university subjects across all schools.
- 22. COMMUNITY Students trust content contributed by those at the top of the class and experts.
- 23. The A-Team CEO & Co-founder Jack Tai COO & Co-founder Kevin Wu Video Lead & Co-founder Jackey Li VP Marketing, UX/UI Maggie Peng • CRO at Velti • VP Communications at Microsoft Harry Patz • Leading Accelerator in Canada • Backed by Real Ventures FounderFuel EXPERIENCE INVESTORS • Gris Global Groupe, LLCYorkville Advisors • FounderFuel mentor Jamie O’hara
- 24. Next Rollout of structured course guide $800,000 in seed financing$ MAY 2013 Development of a native document viewer with collaboration tools SEPT 2013 25,000 courses covered Active across 100 universities in North America JAN 2014 Successfully tested our subscription model for a semester Develop strategic partnerships to help us scale in both users and content Mobile/tablet optimization 300,000 users
- 38. Jack Tai | jack@notesolution.com | (416)820-9583 | angel.co/notesolution
- 39. Appendix
- 40. Go to Market Strategies Brands Campus Ambassadors Professors Subject Experts
- 41. 85-90% Completion rate 2020 Views 79 Purchases $2105 Revenue $1705 Profit $400 production cost * The revenue will not match $34.99* 79 because we had early birds where students can purchase the videos at $29.99 in the first few days.
- 42. Unique Visitors Avg. Visit Duration Pageview Page/Visit Oct-12 25,760 7:59 593,730 14.77 Nov-12 73,893 5:30 1,142,854 11.32 Dec-12 60,170 7:40 1,147,418 11.93 Jan-13 50,457 4:55 648,442 9:53 Feb-13 56,309 6:19 927,714 11:03 Mar-13 69,456 4:59 845,203 8.76 Apr-13 130,000 7:06 1,700,000 10:54 Oct-12 84,216 4.55 751,764 5.93 Nov-12 90,133 6.47 1,146,761 8.42 Dec-12 94,665 6.35 868,015 6.12 Jan-13 74,612 4:06 537,240 5:62 Feb-13 78,695 3:26 445,896 4:61 Oct-12 480,702 2:34 2,179,604 2.97 Nov-12 489,340 2:53 2,193,160 2.95 Dec-12 458,010 3:12 2,228,189 3.21 Jan-13 403,326 2:44 2,202,512 4:03 Feb-13 536,319 3:04 2,721,158 3:48 Oct-12 442 6:00 442 1 Nov-12 550 2:00 582 1 Dec-12 3,328 7:00 14,369 3.38 Jan-13 0 0:00 0 0 Feb-13 0 0:00 0 0 Launched in Sept 2010 Raised $692,000 120,000 users Launched in 2006 Raised $7M 840,000 users Launched in 2006 Raised $2.38M 2.2M users Launched in 2009 Raised 1.8M 30,000 users Source: www.compete.com Source: http://www.google.ca/analytics/
- 45. International Students from China 220,000 Chinese students enrolled in US public universities increasing at 40% annually Source: http://www.wes.org/ewenr/11nov/feature.htm 80,000 Chinese students enrolled in Canadian public universities increasing at 17% annually Source: http://www.asiapacific.ca/sites/default/files/filefield/studentsu rveyreport.pdf International students pay 3x times the tuition at public universities International spending in the US: 220,000 students * 38,000/year = 8.3 Billion/year Source: http://rendezvous.blogs.nytimes.com/2012/02/07/how- chinese-students-pay-u-s-tuitions/ International spending in Canada: 80,000 students * 25,000/year = 2 Billion/year Source: http://www.asiapacific.ca/sites/default/files/filefield/studentsu rveyreport.pdf CA first year drop rate: 14% US first year drop rate: 27.8% http://www.thestar.com/news/canada/2009/09/20/1_in_6_firs tyear_university_students_wont_make_the_grade.html http://nces.ed.gov/programs/digest/d09/tables/dt09_198.asp