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Rethinking Return on Education Abhishek Ballabh Co-Founder Copyright © ExtraAEdge.com July 15, 2014 Copyright © extraaedge.com

Rethinking Return on Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

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Page 1: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

<Title Goes here> Rethinking Return on

Education

Abhishek Ballabh

Co-Founder

Copyright © ExtraAEdge.com

July 15, 2014

Copyright © extraaedge.com

Page 2: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

Agenda

Copyright © extraaedge.com 2

About Me & ExtraaEdge

Lessons Learnt

Consumer Attitudes & Buying Behavior.

Education categories that will grow and shrink.

Franchising & Joint Ventures

Business models

Page 3: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

3

Abhishek Ballabh @ 28

Co-Founder | ExtraaEdge.com

B.E. ( IT ) – B.V.P.C.O.E | Pune (2003-07)

7 years in the Tech & Product Industry

Web Developer

Business Analyst Consultant

Product Manager Operations

Sales

Co-Founder

Data Architect

[email protected]

Page 4: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

4 Copyright ExtraAEdge.com

Companies I worked

Companies I started

Page 5: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

Copyright © extraaedge.com 5

About ExtraaEdge

Page 6: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

Copyright © extraaedge.com 6

Page 7: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

Copyright © extraaedge.com 7

CollEDGE is a

Social Student Lifecycle

Management Platform

Page 8: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

Copyright © extraaedge.com 8

6 5000+ 1 3 Year old Customers Students Awards

Page 9: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

Copyright © extraaedge.com 9

Lessons Learnt

in Education Business

Page 10: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

Copyright © extraaedge.com 10

Focus on GROWTH + SALES

Charge your customers

Build relationship in community

Follow the money

Think ROI

Keep USER first

Page 11: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

Copyright © extraaedge.com 11

Build a great Team Passion

Deliver VALUE Have patience

Page 12: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

Copyright © extraaedge.com 12

Consumer

Attitudes & Buying

Behavior

Page 13: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

Copyright © extraaedge.com 13

Sales happen through a channel of TRUST.

Are you selling: Vitamins or Antibiotics

Customers get it: Value vs Commodity

Technology – Mobile, SaaS, MooC etc.

One size fits all – never works

They WANT a Comprehensive Solution

Page 14: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

Copyright © extraaedge.com 14

Education

Categories that will

grow & shrink

Page 15: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

Copyright © extraaedge.com 15

Page 16: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

Copyright © extraaedge.com 16

Growth

Page 17: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

Copyright © extraaedge.com 17

Franchising &

JVs

Page 18: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

Copyright © extraaedge.com 18

Sell yourself first and then PARTNER.

JV’s with complimentray service providers help

to reach the decision makers.

Customers buy in a cycle & great to have right

resellers & partners as timing matters.

Information is critical for business

development.

Page 19: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

Copyright © extraaedge.com 19

Business

Models

Page 20: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

Copyright © extraaedge.com 20

Repeatable, Scalable, Sales Play, Low Cost,

Recurring Revenue, License based SaaS models.

e.g. Products

Page 21: Rethinking Return on  Education€¦ · Sales happen through a channel of TRUST. Are you selling: Vitamins or Antibiotics Customers get it: Value vs Commodity

Copyright © extraaedge.com 21

Keep Hustling

All the Best