WOBLasalle 2014 | Page 12

7 Elements of a business model

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Value Proposition

WOBL enables Lasallian students to stay connected with their friends at all times. It provides them an easier way to find who among their friends are on break. With the app, they will no longer have to contact each person individually; they can simply just check their feed to see who among their friends are free.

Revenue Model

Advertising- The app will provide advertising space for other Lasallian software and applications or other Lasallian businesses.

Freemium- The app will be offered for free for the first term of every student that downloads the app. They will then have to pay Php 5.00 for every succeeding term that they wish to use the app.