4 ms·
It's impressive that you've build a good looking app. Good job on that. Unfortunately, the app seems to fall into "build it but they won't come" category i.e.
by kkowalczyk 13y ago
It's impressive that you've build a good looking app. Good job on that.
Unfortunately, the app seems to fall into "build it but they won't come" category i.e. lacking product-market fit.
I used to be a student and I don't remember planning activities being a significant problem.
Another problem is that you have no monetization strategy. If your app is not free, no-one will use it and it obviously requires massive adoption to be useful.
Even if it gets massive adoption, then what? Will you put ads in the app?
How will you keep getting new users to offset the loss from people finishing college?
You have a chicken-egg problem when it comes to adoption, built-in 4-year churn and very few options to make money. It might be a useful app but a terrible business.
- tolarewaju3 13y agoOh, we definitely lack product-market fit. We just launched a couple of days ago. Also, we have made a point not to advertise. We'd like to see how a small subset of students use it so we can adapt. Our monetization strategy comes from following students to where they go to spend money and providing them those services cheaper. The first being books. If you're able to get a large number of students on one platform, I believe they'll show you what services they need. But adoption comes before all of this And you're right, part of what we are trying to figure out with a v1.0 MVP is exactly how the problem/solution fit the market. Thanks so much for your feedback