Question: Provide an idea for a mobile app and develop a business plan for the app. Your business plan should cover the following topics: The problem

Provide an idea for a mobile app and develop a business plan for the app. Your business plan should cover the following topics:

  1. The problem that your app is going to solve. You can target different stakeholders when you formulate the problem statement.
  2. The market analysis includes collecting some statistics about similar apps in app stores such as the quantity of similar apps, their monetization strategy, etc.
  3. Market prediction
  4. Marketing strategy based on what you learned in the course e.g. app stores, search engines, etc.
  5. Monetization strategy
  6. Cost/benefit analysis

Idea for the app: AI Chef App

  • Scan ingredients and AI will suggest meals
  • Change meal recommendations based on if you want breakfast, dinner, dessert, etc.

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Business Plan for AI Chef App 1 Problem Statement The AI Chef App aims to solve the problem of meal planning and recipe selection for individuals who struggle with deciding what to cook based on the i... View full answer

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