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Team 6 The problem we want to solve is …

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Presentation on theme: "Team 6 The problem we want to solve is …"— Presentation transcript:

1 Team 6 The problem we want to solve is …
Based on our market research, there is no app that … We solve the problem by … What makes our solution different is … Team 6

2 Situation/Problem

3 Situation/Problem Over 50% of full time workers in the U.S. are not satisfied with their jobs Unhappiness at work leads to higher rates of physical and mental health issues including depression and anxiety On average businesses spend $4,000 in recruitment costs per hire

4 Proposed Solution

5 Impact Improve the overall life satisfaction
Reduce the number of career mid-life changes and non- traditional students Reduce employee attrition Improve employees’ quality of work, efficiency & productivity

6 Unfair Advantages Sustainable business plan developed
Our solution is more effective Our technology and approach is revolutionary

7 Unique Value Propositions
For Students Use artificial intelligence to help you determine what you want to do and provide you with the information you need to do it For Businesses Help us groom the next generation of employees to be the best fit for your organization

8

9 In Summary Students have always had a difficult time choosing a career path or finding what they are passionate about. Zenshin is an advantage to businesses because it allows them to find future employees that are good at the jobs and enjoy what they do. Zenshin solves that problem by giving the students an aptitude test, by using that, grades, and SAT scores, AI gives them the top careers they would succeed in and enjoy; as well as a way to track your progress in the field and how to improve. They also have the option to send information to businesses, which would help them gain employees that enjoy and are knowledgeable about their job.

10 Backup & Supporting Information

11 Situation/Problem What problems will your solution solve?
Students (high-school and above): Have a difficult time identifying a career they are passionate about Often choose an academic path that doesn’t lead them to a satisfying career that they enjoy Over 50% of full time workers in the U.S. are not satisfied with their jobs This leads to higher rates of both physical and mental health issues including depression and anxiety Companies : Have a difficult time recruiting qualified employees that are a good fit for their organization Spend too much money or recruiting On average, businesses spend $4,000 in recruitment costs per hire Approximately 250 Billion spent in 2014 What problems will your solution solve?

12 Customer Lifetime Value
Our customer lifetime value is - $1.03 per customer per month Average monthly revenue per user $1.66 per user per month (130,000 users per year) Cost associated per month $18,750 per month $225,000 per year Phased development plan Monthly retention rate 75% Average cost to acquire new customers $.96 per customer ($10,400 per month / 10,833 customers per month)

13 Market Research Unfair advantage
Untapped targeted audience – 1.3 million potential users annually Approximately: 621,000 college students in Florida Approximately: 675,000 High school students

14 Pricing & Revenue Pricing Revenue Model Students Schools Businesses
Free Schools Paid Businesses Revenue Model Ad revenue Sponsors In-app purchases Partnerships Metadata sales

15 Expenses Cost Phased development and release $350,000 first year
Marketing/advertising $125,000 per year Development $200,000 per year Hosting/IT $25,000 per year Phased development and release Phase 1: $75,000 Phase 2: $125,000 Phase 3: $150,000


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