Product: Study Planner App

Why this product?

Midterm periods can be very stressful for students as they have to manage multiple subjects, assignments, and exams. A study planner app can help them plan their study schedule, set reminders for assignments, and track their progress. This product can be very useful for students who want to stay organized and manage their time efficiently during the midterm period.

How are you going to create the product? (Procedure/ process)

Creating a study planner app would require a team of developers, designers, and project managers. The app should have a user-friendly interface, easy navigation, and features such as a to-do list, calendar, and reminder system. The app should also allow users to customize their study schedule and set reminders for specific tasks.

Who is your target market?

The target market for this app would be students in high school, college, and university. The app would be particularly useful for students who are juggling multiple courses and need help staying organized.

How much will be the initial capital needed? How much is the selling price?

The initial capital needed to create this app would depend on various factors such as the complexity of the features, the size of the development team, and the marketing budget. However, it is safe to assume that the development cost would be in the range of tens of thousands of dollars. The selling price of the app would depend on the pricing strategy, but it could be sold for a one-time fee or a monthly subscription fee.