Let’s change world together with KUDOWIFI app
Business model
200 MB of Internet traffic, after that - as much traffic as you “shared” earlier
1 Gb / month, 12 Gb / year
1 € per month
10 € per year
Unlimited Internet traffic
5 € per month or
50 € per year
Target audience and potential market
Target audienceAccording to statistics, most users currently have mobile data plans limited to 10 GB or less. Given current download speeds, UHD content, and applications that consume large amounts of data in the background (e.g., Telegram), this limit is often insufficient. As a result, data can run out unexpectedly, making even simple tasks like sending messages problematic. Such users are constantly seeking free WIFI. Then there are those who n have restricted mobile data plans and consistently seek WIFI connections. Our application helps these users by offering an easy and affordable way to stay connected.
- Approximately 1 billion groups of friends or families who could benefit from simplified smartphone usage through the app.
- More than 1.5 billion international tourists annually face high roaming costs or challenges finding WIFI when traveling abroad.
Competitors
Benefits for a taxi company:
- We offer a multi-platform solution with secure access-sharing capabilities, even with strangers.
For the global network:
- Regulatory measures (roaming charge prohibitions) – applicable only within the EU.
- Public WIFI - limited coverage, often with low security.
- Local and eSIM cards – require advance preparation, often costly.
- Mobile routers and travel cards – require advance preparation and are typically expensive.
- Global satellite networks - very costly.
Income / expenses, breakeven point, forecast for growth of downloads / subscribers
- Our short-term goal is to reach 10 million downloads within the next 2-3 years.
- The download cost for a group of 5 users averages €2 or, alternatively, can be offset through in-app advertising.
- There are approximately 1 billion such user groups.
- Within 18-24 months, we aim to reach 1-2% of these groups.
- This would result in an estimated 200,000 Premium subscribers with an annual subscription fee of €10.
- Revenue - €5 million per year.
- Projected break-even point within 20-24 months.
- As the network expands, it becomes increasingly global.
- Our long-term goal is to integrate these user groups into a global network.
- During this period, we plan to shift focus from individual user groups to attracting international tourists as primary users.
- Currently, there are over 1.5 billion international tourists annually.
- We anticipate app downloads to exceed 100 million within 4-5 years.
- This should increase the number of Premium subscribers to 1 million, with an annual subscription of €10.
- Revenue - €20 million per year.