FARMCONNECT Executive Summary
FARMCONNECT Executive Summary
The Solution
This application will be beneficial among all those all involved in the food production and
consumption cycle. It is an easy to access piece of technology in which buy and sell
interactions of farm goods among households, food providers and farmers are executed
online.
Target Market
This tool is applicable to everyone in need of farm produced essentials: households, food
processors and providers. Specifically, the target consumers are the heads of the family or
of the businesses.
Marketing Strategy
Promotion of the product will be done through events and online advertisements. Product
introduction and promotion will be administered in events lead by the authorities like
Department of Trade and Industry and Department of Agriculture relating to purchase and
selling of locally grown goods. Also, since this application promotes consumption of
nutritious products and booming the sector of agriculture, Farm Connect will seek
partnership with the said government agencies including Department of Health. Through
paid online advertisements, our company will be introduced in the market and will then gain
its popularity.
Competitive Advantage
What makes the application more advantageous and beneficial than other existing solutions
is its ultimate convenience, promotion of responsible production and consumption, and
supportiveness towards local farmers.
Business Model
This application takes revenue through commissioning. Farm Connect takes 2.5%
commission for every transaction made through this online tool. Moreover, additional gains
will be imparted from advertisements endorsed by the application.