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Provide an idea for a mobile app and develop a business plan for the app. Your business plan should cover the following topics: The problem
Provide an idea for a mobile app and develop a business plan for the app. Your business plan should cover the following topics:
- The problem that your app is going to solve. You can target different stakeholders when you formulate the problem statement.
- The market analysis includes collecting some statistics about similar apps in app stores such as the quantity of similar apps, their monetization strategy, etc.
- Market prediction
- Marketing strategy based on what you learned in the course e.g. app stores, search engines, etc.
- Monetization strategy
- Cost/benefit analysis
Idea for the app: AI Chef App
- Scan ingredients and AI will suggest meals
- Change meal recommendations based on if you want breakfast, dinner, dessert, etc.
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