Cwf deck july 2013
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The document discusses CollegeWithFriends, a mobile social network and hub for college search. It aims to solve problems with the current college recruitment process, which is costly for colleges and challenging for students. The network allows students to document their college search and share with others, while colleges can directly connect with prospective students. It plans to acquire users, mine user data like college lists, and monetize the data by providing leads to colleges. It has already seen early user growth, and believes that once it reaches a critical mass of students, colleges will pay to access them given the billions already spent on recruitment annually. The key is now execution to realize this vision.
Cwf deck july 2013
- 1. College With Friends Wednesday, July 10, 2013
- 2. The Mobile Social Network For College Search Wednesday, July 10, 2013
- 3. ?So whats this business all about Wednesday, July 10, 2013
- 4. Solving the College Recruitment problem Wednesday, July 10, 2013
- 5. and why is this so important Wednesday, July 10, 2013
- 6. Colleges collectively spend an estimated $13B annually on costs associated with college recruitment. *Data taken from NACAC 2011 State of College Admission report Wednesday, July 10, 2013
- 7. Students are faced with higher levels of competition, ever increasing tuition costs, & an average student-to-counselor ratio of . *Data taken from NACAC 2011 State of College Admission report 460:1 Wednesday, July 10, 2013
- 9. Provide students with a better way to search for a college... Colleges with a better way to find students. & Wednesday, July 10, 2013
- 10. Create a mobile hub for college search so... Students can easily document & share their college search experience. Colleges can network & build relationships directly with prospective students. Wednesday, July 10, 2013
- 12. The plan for making $$$ Step 1. Step 2. Step 3. Acquire Users Mine Users For Data MonetizeThe Data (Students) (College Lists) (Leads to colleges) Wednesday, July 10, 2013
- 14. Students are already joining in. The launch of our beta app saw user growth of roughly 25 per day. Wednesday, July 10, 2013
- 15. The key to getting colleges is critical mass. Reach a critical mass (10K) of students, and colleges will pay to access those students. $13Billion being spent annually proves this. Wednesday, July 10, 2013
- 16. Its all lined up. Now its time to execute. Wednesday, July 10, 2013