Educational Institution’s revenue grew to over $3 million with live interactive video education solution
Service Provided: Business Growth Success Empowerment
Industry: Education
Overview
An Educational Institution needed help to develop a strong base for business growth. The owners wanted to enhance their business model to enable them to offer live interactive two-way video education courses not only to interested students within their country but also across countries worldwide.
Challenges
- To offer live interactive two-way video education courses worldwide
- Need access to finance
- Additional expert management and staff needed
- Business development
Solution
- Assessed and established capabilities and requirements
- Defined current state and future state of the educational institution
- Defined and implemented solution blue print and road map
- Lead client for assess to finance
- Acquired and implemented technology infrastructure
- Sourced additional experienced management and staff
- Defined and implemented a multi-channel digital strategy
Results
- ROI: 460%
- Payback Period: 6 months
- Cumulative Net Value: $3,980,650
- Net Present Value: $3,030,802
- Got access to finance and additional expertise
- Growth – over 500% turnover increase
- Used less resources but increased in productivity
- Reduced costs and saved money
- Over $3 million profit
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