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Published byCamron George Modified over 9 years ago
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“making love since 2015” Mony Chim, Nick James, Elizabeth Rodriguez, Agnes Wong
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96 million singles over 18 in US New genome technology legitimate matchmaking potential Service features
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Expected to be a $1.65 billion industry by 2012. Over 120,000 marriages credited to online websites. Gene therapy is expected to reach a worth of $316 million by 2015.
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Weaknesses- potentially a higher initial cost compared to our competition. Strengths- Scientific approach which is more accurate than our competitors methods.
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Minor competitor- eHarmony.com 20 million members Monthly fee is $59.99 Major competitor- Match.com 29 million members Monthly fee is $29.99
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Advantages: We use a scientific approach-gene therapy We find our clients match for them Disadvantages: Higher initial cost, but our one-time gene therapy fee will be kept in our data base as long as we exist.
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Something new Results Exclusivity
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Go big! 2 million customers first year Hire Geisheker marketing firm Free stuff Cooperation with related businesses
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Cost breakdown: Total = $140m Projected Revenue: Total = $130m
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Cost of genome will go down More accessible for customers Less profits from referrals Further develop relationship advising due to profitability there Customer retention Increase marketing to ensure customer replacement.
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Faulty projections or assumptions Buyout from e-harmony or match.com
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