SpellB"nd is developing an immersive digital reading platform that capitalizes on new technologies to reimagine how readers engage with text. It will launch with in-app subscriptions and continuous new content. While the first year projects a net loss, financial projections estimate net profits in subsequent years as the user base grows. The company is considering continuing its current model, selling to a major publisher, or re-investing in growth to realize more possibilities.
Convert to study materialsBETA
Transform any presentation into ready-made study materialselect from outputs like summaries, definitions, and practice questions.
2. RE-IMAGINING the book
and
the way readers ENGAGE
with the text through an
IMMERSIVE EXPERIENCE
3. Capitalising On New Technologies
Finding a Niche in a Growing
Market
Developing a Stand-Out Digital
Product
and its Spin-Offs
4. In - App Subscriptions
贈4.99/month
Continuous Update
& New Content
New Titles
Redirection to Website
- Covers 贈12.99
- Create-Your-Own
- Educational Uses
5. PROFIT & LOSS
Year 1
Set Up Costs 贈200,000
Target: 2000 Subscriptions
Net Loss: 贈116,168
Year 2
Running Costs 贈165,000
Target: 4,000 Subscriptions
Sales Net Profit: 贈2,664
Initial Funding: 贈365,000 over 2 years
6. Year 2 & 3 Funding: 贈350,000
PROFIT & LOSS
Year 3
Running Costs 贈180,000
Target: 7000 Subscriptions
Sales Net Profit: 贈113,412
Year 4
Running Costs 贈170,000
Target: 10,000 Subscriptions
Sales Net Profit 贈249,160
WHAT NEXT...
7. Year 4
Continue Same Model
or
Exit - Sell to a Major Publisher
OR
Re-Invest In Growth