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Professor Review Website

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The mission of the Professor Review Website is to become as ... There are Currently Three Competitors. www.ratemyprofessors.com. www.teacherreviews.com ... – PowerPoint PPT presentation

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Title: Professor Review Website


1
Professor Review Website
  • Ray Lacey
  • Ben Lacey
  • Doug Mucha
  • Dana Gaylord
  • Nicole Kelley
  • John Cortner

2
Project Overview
  • What are the benefits of the website?
  • From where did the idea originate?
  • How will the website be built?

3
Business Mission and ObjectivesBusiness Mission
  • The mission of the Professor Review Website is
    to become as integral a part of course selection
    as visiting your student advisor, and to then
    leverage that importance to build an online
    community.

4
Business Mission and ObjectivesBusiness
Objectives
  • Database Construction
  • Integrate Site Into Every Students Course
    Selection
  • Gain New Advertisers
  • Expand to New Universities

5
Industry Analysis and OverviewCompetition
  • There are Currently Three Competitors
  • www.ratemyprofessors.com
  • www.teacherreviews.com
  • www.uahunderground.com

6
Industry Analysis and OverviewMarket Segments
  • UAH Students are the Only Current Market
  • Several Factors Effect What Drives UAH Students
    and What They Seek

7
Industry Analysis and OverviewSituation Analysis
  • Current Industry Structure
  • Market(s)
  • Competition
  • Macro Environments
  • Opportunity/Thread Identification

8
SWOT AnalysisInternal Strengths and Weaknesses
  • Internal Strengths
  • Strong Marketing Background
  • Internal Weaknesses
  • Little Website Building Knowledge

9
SWOT AnalysisExternal Opportunities and Threats
  • External Opportunities
  • There is No Current Database for this
    Information
  • External Threats
  • Current Competition Could Steal Website
    Structure

10
SWOT AnalysisValue Chain and Value Proposition
  • Should the new website use a new or existing
    value chain?
  • What is the general value of the new site?

11
Business ModelWhich Business Model is Best?
  • Benefits in Operating as an Info-Mediary
  • Basic Company Layout
  • Administrative Partnership
  • Website Construction and Maintenance (Outsourced)
  • Site Moderators
  • How will the site make money?

12
Business ModelResources and Procedural Issues
  • What resources will be needed to launch and
    maintain the site?
  • Are there any major procedural issues or
    challenges that the site will face?

13
Marketing Strategy Positioning and Creating a
Customer Base
  • Positioning as the Only Database in Existence
    for the Information
  • Customer Incentives from Advertisers

14
Marketing Strategy Integrating Strategies,
Promotion, and Pricing
  • Integrating Strategies and Promoting the Site
  • On Campus Flyers
  • Payment to Students for Advertising

Pricing Structure Cost per
Thousand Benefits and Flaws of This
Pricing
15
Summary
  • Will the site be profitable?
  • Will the site be beneficial?
  • Will the site be easily expandable?
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