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- November 29, 2015 at 1:14 pm #286130
Hi Sir,
I hope you are fine.
Please can help me about this in preparation of business plan
General Company Description
The business we plan to bring to market is called Coffee Clock, which is an app on your smartphone that allows you to order coffee on your phone that will be delivered to your front door. The need is for a company that will allow someone to order coffee on their phone and select the exact time they will be able to expect the coffee to arrive. Our product will meet these needs by doing exactly that, providing a customer with delivered coffee. Our customer base will be mostly college students and people living near the college campus, we choose that as our customer base because college students consume a lot of coffee, need to be awake in the early mornings, and are lazy enough to pay for delivery coffee. Our competitive advantage is the ability to select the exact time your coffee will arrive at your door, and not having to leave your house to get it. in 5 years I expect this sole proprietor business, to be having more than $200,000 in revenue, because the bulk of our costs will be in developing the app before we even start delivering the coffee.
4. Coffee Clock App Product
Our product, Coffee Clock is the first app available on your smartphone, that allows you to order coffee to be delivered to your door either at the time that you order it or you can set times that you would like your caffeine beverage delivered, in order to allow for maximum and enjoyment from customers. The product we focus on is the app itself, and the personalization it allows you to have with when exactly you want it delivered and any other specifications the customer requests. This personalization of your delivery is what sets us apart from the rest of the coffee industry and gives us the unique advantage. The app itself will not cost the customer anything to download, but instead the app has an automatic delivery charge depending on the distance from the coffee clock office, to the customers door, of around $2 per mile. Now you might think this is a lot, but when you consider the distance of usually only a mile or two, the company would be making a good amount without charging too much for the coffee.
Other features that our app will have include, frequent customer discounts, coupons, user surveys, and discounts for users who prepay for an entire week, month or year, of coffee. The benefit of our product is really mostly the personalization factor of where and when you want your coffee delivered. Also the ease of getting ready quickly in the morning without having to stop at a coffee shop or brew your own coffee will appeal to both the college students and the older working customer base all living in the 2 mile radius of the shop.
Thank You.
Regard
Aamir Malik
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