Since our idea is so unique, there are no current direct competitors. However, our idea stemmed from other similar services, namely RateMyProfessor and PolyRatings, and simply modified it to become more niche. While this means we are developing a new product, it also means it will be relatively easy for our indirect competitors to develop their own product and, in turn, become direct competitors.
Since it will be easy for competitors to pop up, we've developed a business plan to avoid being overrun by larger businesses. We plan on offering a MVP with the base functionality, and slowly evolving from there. Our hope is to become integrated into the actual learning environment; by allowing professors to create classes and, at the end of projects, requiring their students to rate each other and then provide their own (the professor's) input to validate the information.
Since our idea is so unique, there are no current direct competitors. However, our idea stemmed from other similar services, namely RateMyProfessor and PolyRatings, and simply modified it to become more niche. While this means we are developing a new product, it also means it will be relatively easy for our indirect competitors to develop their own product and, in turn, become direct competitors.
Since it will be easy for competitors to pop up, we've developed a business plan to avoid being overrun by larger businesses. We plan on offering a MVP with the base functionality, and slowly evolving from there. Our hope is to become integrated into the actual learning environment; by allowing professors to create classes and, at the end of projects, requiring their students to rate each other and then provide their own (the professor's) input to validate the information.