Membook Revenue Analysis
Revenue source
Premium Service
On the basis of the normal plan, Membook offers users premium service with additional subscription fees, which is regarded as one of the main revenue resources. Users can subscript to the premium service on a monthly or yearly basis, which charges $9.99/month and $99/year respectively.
Our premium version provides more available themes and stylish templates. In normal version, users can choose the three basic themes: People, Life, and Events, and templates under each theme. Take People as an example, we provide various styles to help customers record the memories about different people, who fill their life with wonder and beauty, such as like friends and family, We believe those templates can fully satisfy …show more content…
Under People, compared with the normal version, the premium one will offer the templates particularly for children, parents, cousins, colleagues, friends, and lovers. Parents could use the template named Growing Up to consolidate all media material about their kids, from the date of birth, the first day of kindergarten to the opening ceremony of their university and even weddings. The irreplaceable significance of such a gift justifies the premium fees.
In addition, we prepare the limited-edition event-based templates for premium users. First of all, for traditional holidays like Christmas and Chinese New Year, the special templates will be available to help users edit a festival Membook to celebrate the holidays by. Meanwhile, we also closely follow the social trend, because the App target young users, to launch products associated with hot social events. Like the Singles’ Day (双十一) in China, we would like to introduce our premium users the theme Happy To Be Single to record how they enjoy the Singles’ Day.
With all above, we have faith that premium service can bring us the stable and long-lasting …show more content…
Membook provides three kinds of physical books: Simple Classic, Leather Cover, and Superior Gift, with prices ranging from $10.99 to $99.99. We will cooperate with outside publishers and outsource the printing service so that we can enjoy the substantial profits without bearing the fixed cost of machines. We expect a good prospect for the market because a book is the presentation of the most telling photos that trigger users’ memory and the users are willing to keeping those memories alive by printing them out and sharing with others, especially for a joint-editing membook. After a trip, there is no doubt that a jointly made Membook is the best way to retain those marvelous moments and preparing a physical album book is the best form of remembering the unforgettable
Premium Service
On the basis of the normal plan, Membook offers users premium service with additional subscription fees, which is regarded as one of the main revenue resources. Users can subscript to the premium service on a monthly or yearly basis, which charges $9.99/month and $99/year respectively.
Our premium version provides more available themes and stylish templates. In normal version, users can choose the three basic themes: People, Life, and Events, and templates under each theme. Take People as an example, we provide various styles to help customers record the memories about different people, who fill their life with wonder and beauty, such as like friends and family, We believe those templates can fully satisfy …show more content…
Under People, compared with the normal version, the premium one will offer the templates particularly for children, parents, cousins, colleagues, friends, and lovers. Parents could use the template named Growing Up to consolidate all media material about their kids, from the date of birth, the first day of kindergarten to the opening ceremony of their university and even weddings. The irreplaceable significance of such a gift justifies the premium fees.
In addition, we prepare the limited-edition event-based templates for premium users. First of all, for traditional holidays like Christmas and Chinese New Year, the special templates will be available to help users edit a festival Membook to celebrate the holidays by. Meanwhile, we also closely follow the social trend, because the App target young users, to launch products associated with hot social events. Like the Singles’ Day (双十一) in China, we would like to introduce our premium users the theme Happy To Be Single to record how they enjoy the Singles’ Day.
With all above, we have faith that premium service can bring us the stable and long-lasting …show more content…
Membook provides three kinds of physical books: Simple Classic, Leather Cover, and Superior Gift, with prices ranging from $10.99 to $99.99. We will cooperate with outside publishers and outsource the printing service so that we can enjoy the substantial profits without bearing the fixed cost of machines. We expect a good prospect for the market because a book is the presentation of the most telling photos that trigger users’ memory and the users are willing to keeping those memories alive by printing them out and sharing with others, especially for a joint-editing membook. After a trip, there is no doubt that a jointly made Membook is the best way to retain those marvelous moments and preparing a physical album book is the best form of remembering the unforgettable