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Educational platform with a business simulator to learn unit economics
Client Profile
Client profile
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
User should experience real business conditions in virtual environment
Dynamic Pricing Coordination
Engagement
Team Composition
- 1
PM
- 1
UI / UX Designer
- 1
Frontend Developer
- 1
Backend Developer
6+
Months of engagement
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.
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.
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
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.
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.
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.
We integrated with Stripe, a leading payment processing platform for subscription & payment management, providing a hassle-free payment experience for users worldwide.
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
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
