Professional Documents
Culture Documents
Manpreet Kaur
PGSF1920
Introduction
Products and services
Fundings
Products and services
Fixed inputs
Variable inputs
Competitor-EXTRAMARKS
Market structure
Inelastic demand
Byju’s is a learning app founded by Byju Raveendran.
It provides educational contents to school students from 4th
to 12th.
Trains for competitive exams also.
Disneyfied education.
Effective, adaptive, engaging learning programs.
Freemium business model.
Theoretical, contextual and visual.
9 lakhs paid subscribers.
Annual 90 percent customer retention.
The main product of byju’s is its mobile based learning app.
It provides educational content mainly to students from class
K to 12
Prepares students for national and international competitive
examinations such as NEET,CAT,IIT-JRE,GMAT.
The students who purchase these products are offered a
Lenovo tab with a memory card which provides offline
services to students.
After sales service wherein the students are provided with
mentors to guide them throughout the completion of the
course.
The teachers
Content development team
The videos
The memory card with all the videos stored in it
The offices wherein all the operations are carried out
The employees
Tablets
The memory card
Technology
Upgradation
. Specifically the company’s largest monthly expense is the
salary expense and specifically on its business
development associates
No of BDA’S currently = 5500(approx)
Base salary =54000
Expense per month =54000*5500
Total expense =297,000,00
BYJU’S EXTRAMARKS
Higher quality content Low quality content
Animation videos Fully animated videos
with interactive teacher Does not provide offline
Provides offline
education in some
education
institutions’ in India 3500 employees
4000 employees 25 millions per
2000 million as in the month revenue
month of april No celebrity brand
Byju’s is ambassador so far.
featuring Shahrukh Khan
in their advertisement
The no of firms are small but their market share is large
Differentiated as well as homogeneous products
Mutual interdependence
Barriers to entry
Competition on the basis of price or product
Suppose Byju’s charges rupees 25000 per head for providing CAT
coaching classes and other course material.
As we see can above, prices are gone up by 10% but the quantity demanded is
fallen by 5% ,which affect total revenue as we can see it is increased by Rs.
1,12,000 or we can say increase in prices of Byju’s product will result in
increase in total revenue by 0.045%.
The demand structure of byju’s is inelastic
If the price increases by 10% there will be only a slight
decrease in its demad
For any business to run effectively and efficiently and for all the
decisions that a manager makes there are certain factors that have
to be mind such as
The inputs that are needed for the production of products and
services
The no of firms in the market in which the business is competing
The demand and supply factors that directly effect the business
To produce goods and services better than that of its competition
The pricing and output decisions of a business can effect it if the
customers are price sensitive
What type of products a company is producing how is it producing
them and for whom the production is being done