https://www.youtube.com/watch?v=j4yvnSAoT…

Edufire promotes online interactive video learning. Problems many students experience with traditional teaching methods and some online solutions were identified from the onset of this pitch.

The solution is very clear. The presenter offered edufire, an interactive live video learning technology that is clear, convenient and high service quality which is what the market really need.

The live video learning distinguishes edufire similar providers since it offers live 1:1 language training; teachers also decide what they want to teach and when, and also set their prices.
It was not clear how buyers/users will be reached, however, the product can be accessed online on the products’ website.

Edufire has the potential to be a very successful solution since it promise clients world class teachers. Also, the product is the leader of the open market place for live video learning since it is the first solution of this form which creates a “first mover advantage”. This also indicates the developers’ technological competence in this marketplace

There are many online providers in the marketplace, however, since they are the first to introduce the live interactive video learning, the closest competitors are likely to be followers.

The cost of this solution is not known, however, since it is a mutli-billion dollar industry, and it is tailored to meet the needs of teachers and students who demand more flexibility in online environments, it implies that investors would have attractive returns on investment.

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