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Vid U Discover.Share .Enjoy

VidU: Discover.Share.Enjoy

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Page 1: VidU: Discover.Share.Enjoy

VidUDiscover.Share.Enjoy

Page 2: VidU: Discover.Share.Enjoy

VidU is a video chat based application with a twist. Now do all this while you video chat

Play Games

Browse Internet

Watch Videos

And much more

Page 3: VidU: Discover.Share.Enjoy

Goals• Enabling people to spend quality time with each

other remotely • Enabling people to share and browse content

together• Creating a community of content creators seeking

personal validation• Enabling businesses to promote content directly to

their target audience.

Page 4: VidU: Discover.Share.Enjoy

Action Plan• Segment the market as per the vision.• Plan strategic surveys to understand the market.• Build a beta with limited features and test it out with

the early adopters• Take feed-back and improvise• Launch the app based on a freemium model• Plan low budget marketing strategies • Scale up as demand increases• Launch a premium product

Page 5: VidU: Discover.Share.Enjoy

Key Problems• Stiff competition from multiplayer online apps,

social networks video calling apps.• Lot of free cloud storage will increase the budget • Low internet speed will create video synchronization

problem which will affect the user experience• Going from a freemium to a premium model is

always a major challenge

Page 6: VidU: Discover.Share.Enjoy

Market Overview• Video Chatting Apps: Skype has over 74,000,000 users.• Social Networks: In 2018, the number of Facebook users in India is

expected to reach 254.9 million, up from 195.2 million in 2016. • Long Distance Relationships: Over 30% of college relationships

worldwide are long distance.• Business Advertisements: More than 50 million businesses are

now using Facebook Pages.

Page 7: VidU: Discover.Share.Enjoy

Target Customers• Age: 15-30 years• Income level: mid-high income groups• Couples in long distance relationships a huge target

market• Active users of social networks• Active in online gaming • Content Creators who want to validate their content• Businesses looking to understand and market their

product to specific target audiences

Page 8: VidU: Discover.Share.Enjoy

Competition• Video Chat oriented apps like Skype, Google

Hangouts etc.• Online multiplayer games.• Content sharing platforms

Page 9: VidU: Discover.Share.Enjoy

Pricing StrategyFreemium Model:1. 2 GB of free cloud

storage for content sharing.

2. Free video and audio chat.

3. Free Internet Browsing

Premium Model:1. Chargeable cloud

storage for more than 2GB

2. Paid access to VR chat rooms.

3. Paid ads and content promotion

Page 10: VidU: Discover.Share.Enjoy

Go-to Market Strategy• Partnership and promotional campaigns with dating

websites, content creating websites and social networking websites.

• Sponsorships of college fests and other youth oriented events

• Incentivization to people in on distance relationships to drive word of mouth publicity.

• Reaching out to content creators to put their content on the app.

Page 11: VidU: Discover.Share.Enjoy

DisclaimerCreated by Rohan Bhatial, IIIT Hyderabad, during a marketing internship under Prof. Sameer Mathur, IIM Lucknow.