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Final Presentation Team “App” Molly Bowman Ryan Codd Lisa Gonia Laila Hosseini Karlin Reiter

Marketing Research Study on the Potential of a New Smartphone/Tablet App

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We conducted extensive market research regarding a potential new educational app called "Syllabust" that syncs students syllabi to their Smartphone/Tablet calendar. This way, students can stay better organized and make sure they don\’t miss any important due dates or lose track of their academic responsibilities.

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Page 1: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Final PresentationTeam “App”

Molly BowmanRyan CoddLisa Gonia

Laila HosseiniKarlin Reiter

Page 2: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Syllabust

• Organizational smartphone/tablet application– Downloaded from device’s market

• Sync and integrate students’ course syllabi into their smartphone/tablet

• Allows students to have all project deadlines, exam and homework due dates from every class compiled into one, portable unit

Page 3: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Purpose of Study:Management Decision Problem

• Should we develop this app?– Demand?– Benefits outweigh costs?

Page 4: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Purpose of Study: Marketing Research Problem

• Is there a target market for this type of app?– If so, who?– Organized vs. unorganized

Page 5: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Survey Method: Online Survey

• Ease of Implementation– Lundquist class e-mail lists

• Cost Efficiency– Free

• High Response Rate• Speed of Results

Page 6: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Formulating the Questionnaire

• Organization– Determine a need for

Syllabust• Technology– Determine demand for

Syllabust• Direct Questioning– Determine level of

interest and a realistic price point

Page 7: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Target Market• Students at the University of Oregon who:– Have trouble with organization and remembering

due dates, assignments, exams, etc.– Currently own a smartphone and/or tablet or plan

on purchasing one in the next 6 months

Page 8: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Population

• University of Oregon student body• Population Size: N = 24,447 (Fall 2011)

Page 9: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Sampling Method

• Convenience sample• E-mail sent to all students in each of our

classes– No classes were repeated

Page 10: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Sampling Frame

• Personal e-mails• Class e-mail list

Page 11: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Sample Representativeness

• Will our sample represent the population?– Although our sample does not appear to be very

representative of our population since we sent the survey to mostly business classes, most students, regardless of their major, share similar study/organizational habits that could be assisted greatly with our app

Page 12: Marketing Research Study on the Potential of a New Smartphone/Tablet App

– Targeted sample size: 200– Actual sample size: 132

• Data Collected between February 15 and March 6

Sample Information

Page 13: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Response Rate

• Sample Frame: 900 students• Number of Responses: 132• Response Rate: 14.67%

• High rate giving us enough data to make conclusions

Page 14: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Data Analysis

Page 15: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Howimportant do you think organization is to your

academic success?

Page 16: Marketing Research Study on the Potential of a New Smartphone/Tablet App

During a typical week, how many assignments/academic responsibilities do you

have trouble remembering?

Page 17: Marketing Research Study on the Potential of a New Smartphone/Tablet App

What is your primary method for organizing academic due dates and responsibilities?

Page 18: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Do you own a Smartphone or tablet?

Page 19: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Do you plan on getting a Smartphone and/or tablet in the next 6 months?

Page 20: Marketing Research Study on the Potential of a New Smartphone/Tablet App

In a month, how often do you check for new apps on your smart phone and/or tablet?

Page 21: Marketing Research Study on the Potential of a New Smartphone/Tablet App

In a month, how often do you download new apps on your smart phone and/or tablet?

Page 22: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Would you be interested in an app that automatically syncs your academic due-dates

and responsibilities from your course’s syllabus to your smart phone and/or tablet?

Page 23: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Would you be willing to pay for this app?

Page 24: Marketing Research Study on the Potential of a New Smartphone/Tablet App

What is the most you would be willing to pay for this app?

Range Number of Responses

$0.01-$0.99 7

$1.00-1.99 5

$2.00-2.99 5

$3.00-3.99 7

$4.000-4.99 3

$5.00+ 10

Page 25: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Cross-Tabulation

We ran a test for the difference in proportions and discovered that people who forget 1-2 assignments are more likely to be willing to pay for our app than people who don’t forget assignments.

Page 26: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Overall

• Successfully able to divide & interpret our sample based on our demographics:– Organized vs. unorganized– Owners of tablets/smartphones vs. non-owners

• Provide support for the development of our app:– Interest > non-interest

Page 27: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Conclusions

• Enough students own smartphones to make the app feasible– 84% of students sampled

• Level of Disorganization– 44% of students are completely organized– 49% of students forget 1-2 assignments per week– 7% forget 3 or more– These students could possibly benefit from an

organizational medium not currently available

Page 28: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Conclusions (cont.)• Students interested in an app such as

Syllabust?– 61% very interested– 22% somewhat interested– Clearly, the interest is apparent

• Would Students Pay for App?– 59% no– 41% yes• Most students would pay $4.00+

Page 29: Marketing Research Study on the Potential of a New Smartphone/Tablet App

Recommendation

• We recommend developing the app• Given roughly even divide on pricing, offer

two versions– Free Version• Only syncs two syllabi per user• Runs with advertisements

– Premium Version ($3.49)• Sync unlimited syllabi per user• No advertisements