Currently doctors and nurses rely on pagers to relay information to one another. We are fixing this slow cumbersome process by creating a group chat application where multiple people can communicate simultaneously, thus eliminating the lag time of pagers. We want you to propose two ways to monetize our application, and also give three year financial projections for each proposal. In your financial projections, include revenues for years 1-3, and stipulate the pricing that will be used.
Submit a 1 page PDF document explaining both proposed methods of monetization, and why they have potential to be successful. Also include an excel sheet containing revenue projections and pricing structure for years 1-3 for both proposed monetization solutions.
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Submissions will be graded on the following criteria:
- Meets Deliverables
- Creativity
- Clarity
| Winner receives $250 |
| Winners have been published for this challenge. |
