Inzpira is an English language learning platform that aimed to make learning English simpler and less stressful. It recognized English as a crucial skill for jobs and opportunities globally. Its main competitors were other online language learning platforms and apps as well as traditional language schools. Inzpira focused on personalized 1:1 online tutoring as its unique value proposition. It targeted customers willing to pay for high-quality instruction and saw strong growth in student numbers. The company evolved from a physical to fully digital model to better capitalize on demand during the COVID-19 pandemic.
Inzpira is an English language learning platform that aimed to make learning English simpler and less stressful. It recognized English as a crucial skill for jobs and opportunities globally. Its main competitors were other online language learning platforms and apps as well as traditional language schools. Inzpira focused on personalized 1:1 online tutoring as its unique value proposition. It targeted customers willing to pay for high-quality instruction and saw strong growth in student numbers. The company evolved from a physical to fully digital model to better capitalize on demand during the COVID-19 pandemic.
Inzpira is an English language learning platform that aimed to make learning English simpler and less stressful. It recognized English as a crucial skill for jobs and opportunities globally. Its main competitors were other online language learning platforms and apps as well as traditional language schools. Inzpira focused on personalized 1:1 online tutoring as its unique value proposition. It targeted customers willing to pay for high-quality instruction and saw strong growth in student numbers. The company evolved from a physical to fully digital model to better capitalize on demand during the COVID-19 pandemic.
Inzpira is an English language learning platform that aimed to make learning English simpler and less stressful. It recognized English as a crucial skill for jobs and opportunities globally. Its main competitors were other online language learning platforms and apps as well as traditional language schools. Inzpira focused on personalized 1:1 online tutoring as its unique value proposition. It targeted customers willing to pay for high-quality instruction and saw strong growth in student numbers. The company evolved from a physical to fully digital model to better capitalize on demand during the COVID-19 pandemic.
Reigie Ghail Francisco Lhorene Joy Garbin Venture Name: Orgi Lip & Cheek Tints
End of case questions:
1. What is the core problem that the founders set out to solve? - Sruthy Ramesh wanted to make the process of learning English simpler and less stressful. She realized that learning English is a pressing issue faced by millions of people today like what she experienced before.
2. Do you think it is a problem worth solving?
-Yes. English is a global language. Learning the English Language can help in getting a job easily. As it has become the language of many fields, it automatically increases the chances of landing a good job in a good company and it benefits everyone.
3. Who are the main competitors for inzpira?
- Inzpira faced similar challenges. There were two primary competitor segments Inzpira had to navigate through. One key segment was direct competitors, the mainstream language training players. These included companies like Speakwell, Beta, Superprof, Cambly and Speechify. Another set were indirect competitors like Duolingo and Preply, which are self-learning language applications.
4. How does inzpira compare on the following?
-Product benefits -UVP -Price -Branding -Market review - Product Benefits With English being the primary mode of education in most prestigious institutions, it also plays a key role in the workplace as well. Inzpira sees itself as an enabler of confidence for its students and considers language to be an important element of doing so. They also developed and fine- tuned their service and product over the years to build the most effective model for their learners. One example was that they did not teach grammar through grammatical rules, like other language training institutes. They had a unique gamified practical approach to English grammar. - UVP The 1:1 personalized feature of Inzpira equips them with a lot of data that they use to build better products and services for the future - they consider this to be a major competitive advantage from the angle of the value proposition. They also simplified the learning experience helping the customer achieve their objective with ease. - Price They only targeted the audience with the financial appetite for such courses and those aligned with the final outcome. Once people experienced the 1:1 session, they were satisfied with the offering. This ensured a high conversion rate and low churn. - Branding Inzpira relates itself to platforms such as Swiggy and Uber as they harness AI to connect a learner with a trainer instantly. The power of AI is used to match the trainer with a learner instantly, keeping the criteria of commonalities in mind. - Market Review When the numbers had reached a whopping 120 students per day. These numbers made one thing extremely clear - there was a crucial need for personalized English classes in the market. To capitalize on the spillover demand from other localities, they evolved into a digital platform from a physical one. Inzpira transitioned into digital-first in 2019, keeping the physical space intact but when COVID- 19 hit the world it accelerated their plans and enabled them to roll out their MVP of the 100% digital model in early 2020.
5. What were the key competitive advantages that inzpira created?
- Inzpira segmented it's growth trajectory into three major stages: Learning Platform This was the bread and butter segment of the business. Technology Simulator Platform Inzpira created a division entirely focused on the technology of tomorrow. Learner Outcomes & Strategic Partnerships Having a much better understanding of the customer, their wants, needs and objectives in invaluable for any company. 6. Map these on the 2*2 matrix: Create – features that customers value but are not offered by competition Enhance – features that strengthen your value proposition Reduce – features that do not add value your proposition Eliminate–features that are redundant