April 20, 2022
To understand the pricing structure of various Ed-tech platforms training about Stock Markets and derive an apt pricing strategy for your product in that domain
Approach:
Price Vs Duration of Course for various Market Players was plotted for this segment. The Market was then divided into groups.
The segments were:
1. High Volume-Medium Price:
•Marketing Spend: Medium to High
•Competition: High, clustered quadrant
•Recommendation: Stay away in short term, try entering in medium term with alternate products
2. Medium Volume-Medium Price:
•Marketing Spend: Low to medium
•Competition: Disparate
•Recommendation: Quick easy entry, with recorded videos, and diverse types of courses
3. Low Volume-Very High Price:
•Marketing Spend: Low to medium
•Competition: Disparate
•Recommendation: Boost brand creation, launch a Flagship program (~6 month, 3 lac)