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First, let’s understand the product & its value props

We all hate filing taxes. There is a reason that income tax filing deadline has always been extended (except FY22-23).

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Origin Story

Products & Services

Scope & Value Proposition

Lack of Competition

Unbelievable Metrics

Cleartax ICPs - Ideal Customer Profiles

Customer Research

High-level ICP Selection

Preferred Acquisition Channels

The Winning Formulae

ICP Personas

Cleartax ICPs’ User Goals & Customer Journey Mapping

Below, we will analyze the user goals & subsequent user journeys for the above selected ICPs:

ICP 1 - Akansha ICP 2 - Indranil
Search Intent πŸ”
(Informational / Commercial / Transactional / Navigational) [Source] cleartax (commercial brand search) on Google Play Store income tax calculator (informational search) on Google
CAC (Customer Acquisition Cost) 🎣 Negligible with the strong first-mover advantage Negligible with the strong SEO foothold [refer here]
User Goals using JTBD (Jobs to be done) framework 🎯 Primary:
Functional: ITR filing in <30 minutes before last 30 days of ITR deadline

Secondary: Personal: Learn about investing & do-it-yourself rather than relying on friends / financial experts | Primary: Financial: Find investment plans to save maximum tax

Secondary: Personal: Learn about tax-savings and do-it-yourself rather than friend / CA doing it | | Journey Structure / Motivations | The journey looks something like Personal/Informational β†’ Financial β†’ Transactional | The journey looks something like Personal/Informational β†’ Financial β†’ Transactional | | Journey Scenarios | Google Play Store Search β†’ App Install β†’ Signup β†’ [HRA Calculator/Rent Receipt Generator/Income Tax Calculator] β†’ [Smart Investment Tips Content] β†’ [MF Virtual Sim] β†’ ITR DIY Filing | Google Play Store Search β†’ App Install β†’ Signup β†’ [HRA Calculator/Rent Receipt Generator/Income Tax Calculator] β†’ [Max Tax-Savings Tips Content] β†’ [MF Investment] β†’ ITR DIY Filing | | Relevant Cleartax Value Propositions | - Save time - ITR DIY Filing within 3 minutes

Activation Metrics

Almost every digital native knows about the infamous β€œ7 friends within 10 days” activation metric of Facebook, we will also try to hypothesise key activation metrics for Cleartax Black App: