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Educational platform with a business simulator to learn unit economics

Monosoft crafted a multifunctional learning management system (LMS) with a built-in start-up simulator. A highly flexible custom CMS facilitates interactive learning, leading users to a complete grasp of unit economics.
Web Development
Product Design

Client Profile

Client profile


ClientTeachMeGrow
IndustryEducation, EdTech
About clientA platform that teaches the basics of unit economy and makes you able to master necessary skills of start-up management at every stage of its growth.

Objective

Monosoft had to develop a comprehensive Learning Management System (LMS) to ensure effective knowledge acquisition and skill development. Platform should contain a start-up simulator to provide practical experience for the customers. Also, it had to work smoothly on devices of any type - the platform had to provide an ability to learn on-the-go. Structured merge of the theoretical and practical modules had to give users a holistic understanding of their learning business subjects.

Challenge

Flexible CMS Supporting Interactive Content

To ensure a studying journey was captivating, we had to develop functionality that allowed uploading into lectures and quizzes all possible types of video, audio, graphic materials and fit all devices and operating systems. 

User should experience real business conditions in virtual environment

A unit economics simulator had to accurately reflect the complex interplay of events in a real business. This includes simulating not just everyday occurrences but also unexpected events and employee mistakes.

Dynamic Pricing Coordination

The goal was to create a seamless integration with the Stripe system. Monosoft had to come up with the proper way for Stripe to automatically detect and reflect relevant prices for each user

Business Analysis & Information Gathering

The client didn’t have any technical documentation at all, just a vision and good understanding of the industry. During the interviews, Monosoft gathered critical demands and feature requests from the product team, and used this information to craft a comprehensive product requirement document (PRD). It allowed us to develop the exact platform the client wanted.

Solution

Monosoft developed TeachMeGrow as a two-part system that provided all the necessary instruments for our customer to create a one-of-a-kind learning platform. The LMS, combined with a start-up simulator, had to guarantee users the highest level of educational experience. It was designed to work seamlessly across all different-sized devices. The key components of the solution: • Custom Content Management System (CMS) to handle various educational content formats • Engaging onboarding flow to ensure users remain interested and motivated • Integration with Stripe for seamless payment processing • A custom solution for the A/B testing to analyze different pricing strategies simultaneously

Tech Stack

Engagement Timeline

Learning Platform

14+ content types focused on unit economics, a crucial aspect of business management. The interactive lessons and quizzes ensure that users grasp the fundamental concepts and can apply them effectively in their entrepreneurial ventures.

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Startup Simulator

This component of TeachMeGrow platform is designed to provide users with hands-on experience running a business. It allows users to simulate various scenarios, make strategic decisions, and see the outcomes of their choices in a controlled environment. This module helps users understand the intricacies of entrepreneurship, practice unit economics, and develop skills needed for real-world business challenges.

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Adaptive Interface

Monosoft developed a fully adaptive web app to enable each user to learn on-the-go no matter where he is: at home with a desktop, in a taxi with a tablet, or going along the street with a mobile.

Integration With Stripe

We integrated with Stripe, a leading payment processing platform for subscription & payment management, providing a hassle-free payment experience for users worldwide.

Pricing A/B testing

Monosoft developed a custom A/B testing solution which in combination with analytic services helped to experiment with different pricing models and determine the most effective one. It allowed to align subscription plans with market demands and user expectations.

Key Features

Desktop
Learning Platform
direction

14+ content types focused on unit economics, a crucial aspect of business management. The interactive lessons and quizzes ensure that users grasp the fundamental concepts and can apply them effectively in their entrepreneurial ventures.

Image
Startup Simulator
direction

This component of TeachMeGrow platform is designed to provide users with hands-on experience running a business. It allows users to simulate various scenarios, make strategic decisions, and see the outcomes of their choices in a controlled environment. This module helps users understand the intricacies of entrepreneurship, practice unit economics, and develop skills needed for real-world business challenges.

Image
Adaptive Interface
direction

Monosoft developed a fully adaptive web app to enable each user to learn on-the-go no matter where he is: at home with a desktop, in a taxi with a tablet, or going along the street with a mobile.

Integration With Stripe
direction

We integrated with Stripe, a leading payment processing platform for subscription & payment management, providing a hassle-free payment experience for users worldwide.

Pricing A/B testing
direction

Monosoft developed a custom A/B testing solution which in combination with analytic services helped to experiment with different pricing models and determine the most effective one. It allowed to align subscription plans with market demands and user expectations.

Results And Impact

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14k+

total games played in the simulator

1k+

of entrepreneurs have finished the platform's educational course.

15%

increase in average subscription price as a result of A/B testing

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