The Golden Circle Presentation: Exploring Human Decision Making in EdTech
Hatched by Kazuki Nakayashiki
Sep 01, 2023
4 min read
6 views
The Golden Circle Presentation: Exploring Human Decision Making in EdTech
In the world of education technology, understanding how to effectively communicate with your audience is paramount. One concept that has gained traction in recent years is the Golden Circle Presentation. This approach goes beyond a simple hierarchy of communication and delves into the core principles of human decision-making. By understanding how the Golden Circle works, we can align our messaging with the natural processes of the brain.
But before we dive into the Golden Circle, let's take a look at the current state of the edtech industry. In 2021, we have witnessed a rise in large B2C education companies expanding into the enterprise space. These companies have leveraged their consumer brands to launch offerings targeted at businesses and organizations. This shift highlights the importance of establishing a strong brand presence in the edtech sector.
Additionally, there has been a growing demand for social and community-driven learning experiences among consumers. Traditional edutainment companies with strong single-player experiences may have missed out on a significant opportunity to tap into the power of social learning. It is widely known that teaching is one of the most effective methods for knowledge retention. By incorporating social learning elements into their platforms, these companies could have capitalized on this demand and fostered a more engaging and interactive learning environment.
Furthermore, consumer mega-brands are quickly building substantial annual recurring revenues (ARR) by successfully landing and branding their products in the market. This trend highlights the importance of verticalized education and live learning experiences. By tailoring their offerings to specific industries or niches, edtech companies can establish themselves as leaders in their respective fields. Additionally, incorporating live learning components, such as virtual classrooms or interactive webinars, can enhance the overall learning experience and create a sense of community among learners.
Another significant shift in consumer buying behavior in the edtech industry is the growing focus on K12 supplemental learning. Parents and other stakeholders are increasingly seeking ways to be more informed and involved in their children's education. This presents an opportunity for edtech companies to develop K12 models that address this need and provide parents with the tools they need to actively participate in their children's learning journey. By recognizing the importance of parental involvement and creating platforms that facilitate collaboration between parents, teachers, and students, edtech companies can create a more holistic and effective learning ecosystem.
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