Living Popups business model is a SAAS+ model.
We built LP Bookspace, a free app that enables users to engage with "popup" characters when they scan images from the AR enabled book or text they are reading. To demonstrate the proof of concept, LP has created a library of 14 Augmented Reality enhanced titles of required readers (from Boxcar Children to Shakespeare) which can be purchased in school/library sets, via amazon or your local bookstore.
The SAAS element of our business has four parts:
- The LP Educator Dashboard
- The LP Creator Tool
- The LP Creator Dashboard
- The LP Market Place
The LP Educator Dashboard: Parents, educators, schools and school districts are able to subscribe to the LP Educator Dashboard which allows them to easily track student progress, comprehension and engagement. Annual subscriptions to the dashboard are available on a sliding scale from $250 for a single student or classroom to $10,000+ for an entire district. The LP Educator Dashboard easily integrates with Clever and Google Classroom, the two most frequently used digital learning platforms.
The LP Creator Tool: Living Popups developed technology to build our current array of popups using cutting edge technology and analytics paired with humor, purpose and empathy. In our next phase of development, we will be bringing this capability to creators around the world to empower educators, publishers, professional development organizations and even students themselves the ability to create engaging popups via a subscription to the LP Creator Tool. Annual subscriptions to the tool will be based on the number of popups a creator would like to create ranging from $250 annual licensing fee to $12,000+. The utilization of the creator tool will not only build revenue for LP but it will also increase the number of uses of LP Bookspace and in turn the number of licenses to the Educators Dashboard.
The LP Creator Dashboard: To further support the creators, LP will offer the LP Creator Dashboard License which will enable creators to monitor how users are engaging with their popups. This data is incredibly valuable to creators from educators to publishers, providing information on engagement, reader completion, satisfaction, number of readers per copy and more. Demand for this data is exponential. Subscription fees for the Creator Dashboard will be annual and range from $250 to $15k,000+.
The LP Marketplace: The next element in our plan is to make the LP Creator Tool creations available for sale in the LP Marketplace, a digital storefront of vetted AR experienced focused on learning. Creators will be able to list their creations on the LP Marketplace (living within the LP Bookspace App). LP will collect fees for content vetting as well as a small percentage of every sale. An example of a model currently being used by educators around the world is
Teachers Pay Teachers.