Professional Documents
Culture Documents
Proposal Writing
Title of the Project: Proposal Writing
Group No: 5
Group Details
Roll_number Name SAP ID
G015 Satish Kumar Yadala 80511020178
G020 Ujjvalkumar Patel 80511020287
G027 Aditya Goenka 80511020367
G034 Urvi Sawant 80511020490
G051 Muskan Beri 80511020721
G058 Abhirup Sengupta 80511020818
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Executive Summary
The world around us is changing rapidly. Global integration has led to humans moving out of
their birthplace in search of education, jobs etc. Consequently, they have to strive to stay
connected with their social circle. This demands that we do everything differently and
communication is no exception when it comes to doing things in a different way. The method
to achieve this communication should be convenient, affordable, advertisement free.
ChatChat is a messaging app that ameliorates these concerns. It empowers users to stay
connected to their loved ones without any hassle of enduring advertisements.
Cover Email
Sub
We believe that ChatChat in the next five years will be a profitable enterprise for Arrow
Ventures. It has the potential to gain considerable reach among the migrant communities of
different regions of the world. Furthermore, it’s easy-of-use without any additional
advertisements enhances this potential.
Furthermore, we shall be honoured if we can meet you to ameliorate any concerns and also
provide a small demonstration of the same.
With regards
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Table of Contents
Description Page No
Introduction 4
Background 4
Opportunity 4–5
Organizational Information 6
Conclusion 6
References 7
Appendix 8 – 15
Plagiarism report
Introduction
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The world around us is changing rapidly. Global integration has led to humans moving out of
their birthplace in search of education, jobs etc. Consequently, they have to strive to stay
connected with their social circle. This demands that we do everything differently and
communication is no exception when it comes to doing things in a different way. The method
to achieve this communication should be convenient, affordable, advertisement free.
ChatChat is a messaging app that ameliorates these concerns. It empowers users to stay
connected with their loved ones giving them hassle free experience.
Background
ChatChat allows users to connect with their friends and family overseas. Its target audience
can be classified as:
Migrant Workers
Student Migrants
Families, friends living across international borders
International Business travellers
This application aims to be an asset for people who are working abroad. It will be a crucial
equipment for parents whose wards are studying abroad. Therefore, the application is
designed to serve a significant need of connecting among people staying abroad and their
families and friends.
The application is envisioned to be user-friendly as it will cater to people from a wide variety
of age groups. It should not be cumbersome unlike similar service providers like
BlackBerry’s BBM, Google’s G-Talk, Skype, E-mail, Facebook, other social media
applications. Also, these applications fail to provide a holistic solution to the users
considering issues like excessive ads, promotions, non-user-friendly, exclusivity etc. (Refer
appendix 1)
ChatChat offers a holistic solution to such issues by providing a simple messaging platform
which works on any phone number on any operating system with real time updates. It also
ensures that users are not disturbed by any promotional ads.
Opportunity
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ChatChat will be first launched on the Apple App Store. Thereafter, it will be promoted using
the following methods (Refer Appendix 3):
Social media advertisements like Facebook, wherein the type of target audience
along with the area can be managed
Search engine optimization methods ensure that the app is conspicuous on search
engines like Google
App store optimization to ensure that the application has a higher ranking in the app
store
In-app promotions in various other apps which are primarily popular among
international travellers, students, workers etc.
Promoting the application among influencers of various migrant communities to
spread the word of mouth
Provide vouchers for good referral practices by users
Offline promotions using flyers in areas where migrants primarily live and frequent
The metrics of ChatChat’s success are:
Number of App downloads
App store ratings
Retention Rates
User metrics
o Daily Active Users
o Monthly Active Users
o Stickiness
Cost per acquisition
The average revenue per user
(Refer Appendix 4)
Financial Summary
ChatChat will be a free application for the first 3 years, during which, the application aims to
increase its reach. During this time the application will target the smartphones of 10% of all
North American immigrants. This totals 10,000,000 (Refer Appendix 9). In the fourth year,
ChatChat will be priced at $5.99. Estimating a 30% conversion rate, ChatChat should be able
to meet its current and past costs within 2 years. Furthermore, since ChatChat has a two-step
revenue system as shown in appendix 5, it not only converts the migrants but also their
family and friends. This would further expand the reach of ChatChat. For cost vs revenue vs
user analysis refer appendix 10. Thus, ChatChat will be a favourable enterprise within the 5
years of its launch. Expecting an increase in Migration rates as shown in Appendix 11,
ChatChat will be a must-have application for all migrants.
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Organizational Information
ChatChat focuses on simplifying communication by bringing the world closer. The team
currently comprises:
Hayden Mendez: An MBA graduate from Stanford Graduate School of Business. An
experienced professional in finance from Ernst & Young with extensive business
background. He is suited to guide ChatChat from a business perspective.
Sasha Belenko: A software engineer with an extensive experience in Yahoo!
Responsible for the development of ChatChat. Capable of managing a team of
developers. She also has the technical know-how of generating new ideas and
converting them into reality.
The mix of business knowledge and technical know-how provides this team the capability to
understand the business.
Conclusion
References:
Jyoti Gupta. (2020). What Are the Various Phases of Mobile App Development
Process? Retrieved November 15, 2020, from https://www.quytech.com/blog/phases-
of-mobile-app-development/
Appendix
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Appendix 1: ---------------------------------------------------------------------------------
Appendix 2: ---------------------------------------------------------------------------------
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Green: Completed
Yellow: Work in Progress
Red: Still to be done
Appendix 3: ---------------------------------------------------------------------------------
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Appendix 4: ---------------------------------------------------------------------------------
Appendix 5: ---------------------------------------------------------------------------------
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10 | P a g e
Appendix 6: ---------------------------------------------------------------------------------
Appendix 7: ---------------------------------------------------------------------------------
11 | P a g e
Appendix 8: ---------------------------------------------------------------------------------
50000
45000
40000
21000
35000
30000
3500
25000
12000
20000
1800
15000 8000
22320
10000 1500
3000 13320
750 7920
5000 1500
0 3960
1800
0
Year 1 Year 2 Year 3 Year 4 Year 5
Appendix 9
12 | P a g e
Appendix 10: ---------------------------------------------------------------------------------
45000
20000000 40000
35000
15000000 30000
25000
10000000 20000
15000
5000000 10000
5000
0 0
Year 1 Year 2 Year 3 Year 4 Year 5
13 | P a g e
Appendix 11: ---------------------------------------------------------------------------------
14 | P a g e