The Bible of Many Colors app is based on The Bible of Many Colors book which has taking over nine years to complete.
Business Model:
Revenue: $0
Employees: 51-200
Address:
City: South Jordan
State: Utah
Zip:
Country: United States
The Bible of Many Colors app is based on The Bible of Many Colors book which has taking over nine years to complete. It is a unique visual study Bible of the King James Bible. It allows the reader to: Focus on what&s;s being said and the spiritual meaning of the Bible instead of getting lost in who is saying what and who they are speaking to or about. Colors are assigned to each person in the bible who speaks. Any word referring to that person is colored with their assigned color and any time that person speaks it&s;s underlined with their assigned color. The app has Flappy Birds potential with the physical book as an in app purchase. With a target market group of two billion people world wide. Bible books are a half billion dollar a year industry. The annual sales figures for the Bible averaging between $400 million and $600 million in the United States alone. The Bible of Many Colors is a unique addition to this market. While the app has potential for millions of downloads based on the current top Bible apps have 100 million to 200 million downloads. This is a clear demand for something new and unique in these markets. The top Bible apps have 100 million to 200 million down loads. Statistically That equates to 50k dollar a day in potential mobile ad revenue. Those numbers come from other successful apps such as Flappy Birds. Flappy Birds has about 50 million downloads and from the ads makes 50k a day. The Bible of Many Colors app is unique and will stand out in the market place. It has the potential to have 50 million or more downloads as well has in app purchases of the physical book for another revenue source. Just to illustrate the demand. The Bible of Many Colors with no marketing currently has over 13,000 Facebook fans and over 1,400 downloads of the app. They will be utilizing Facebook mobile ads and standard Facebook ads to market it as well as Google Adsence and Apple&s;s ad network.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 8/2014 | Equity Crowdfunding | $35k |
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