So with all these 3 companies competing in a similar space which is the pick of the crop? Will 1 of them make it big, 2 of them or all 3? What differences do they have to win customers over the others? Which is the superior product or are they in a different niche and not competing for the exact same customers?
Nor and Zip seem to have a lead on Awd given they are in public launch already.
Awd does however have an already substantial established VOIP business to back its growth.
Awd claims to be able to interact with any other companies app meaning both users don't need it installed to make it useful. The draw back to this is it doesn't entice as many downloads of the app itself.
Zip claims to used a substantial lower amount of the users date to make calls then its competitors. Although they have made these claims against the big boys in skype, viber and whatsapp not Nor or Awd apps so don't know where they all sit in this regard.
Zip is targeting 2G environments where it claims to have the most advantage (Namely India).
Zip has over 3,000,000 installs to date and generated $210,000 revenue for the last quarter from the app.
Nor is targeting itself at the international travel market and has stated it only needs a $1.5-2million revenue run rate to break even.
Nor has 700,000 installs to date and a current revenue run rate of $900,000
Nor current aquistion cost per user is under $1 at present and based on above figures average revenue per user is above $1.
They all seem to be releasing different bits of info about their growth/business making it hard to compare them at the moment in opinion. Maybe a hedged bet of a position in all three would be the way to go.
If anyone can add to this information and help myself and others decide/evaluate the 3 please fell free to reply.
