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TrackiSole
‘Your Child’s safety is our PRIORITY’
Executive Summary: Summary: 1. Last year in Pakistan, 35000 cases of child kidnapping had been reported and the ratio is increasing day by day 2. Our Mission is to empower the children to save themselves from abductors 3. We are introducing chip based inner sole through which parents can monitor their child’s moves & can trace their location 4. We will provide an app through which parent can trace their child’s location Ownership: 20% ownership will be distributed among 5 partners Company’s Location: At Gulshan Formal picture of Company: Market Analysis: Segmentation: Key area of potential customers---Family consumers of Sales Gulshan Target Market: 20% Family consumer is a key of Tracki Sole Company Potential market 10000 children, capturing only 20% Growth: Growing our business 10% annually, next segment is Alzheimer's patients. 80% Business Industry: Life-saving electronic devices industry Competitors: Providing a chip based sole, there will be no competitors Implementation Plan: Marketing Strategy: To build product and create brand awareness among parents Marketing Plan: Marketing through various social media platforms e.g Facebook, YouTube, Twitter & by conducting various sessions during school meetings highlighting the need of child’s safety. Promotion: Promotions using flyers, brouchers & various ads on social media Sales Strategy: 10% Early-bird discount to customers during the first 3 months Price Strategy: Product Price Rs 5000/- Cost-effective Relatively inexpensive User-friendly & Easily affordable Organizational Structure: Management Summary: Visionary Management Style: 1. Visionary Managers have plans regarding all process of Tracki Soles 2. All team members have freedom to achieve their tasks on the whole project 3. Managers will check from time to time to get status of sole’s import 4. Chips order will be placed after the sole’s shipment received 5. Marketing plan is bring in process to target the Gulshan Audience Role Of Managers: 1. Procurement Manager has been assigned to the vendor dealing & shipment follow-up 2. Audit Manager is responsible for the quantity & product competitive pricing 3. Finance Manager has been assigned to the smooth clearing of bills 4. Marketing Manager have a ownership of all the marketing campaign 5. At last, Sales Manager is responsible for sales targets & customer satisfaction Financial Plan: At start we are going to invest 2 million Initially, expected sale is around 4 million a part from that profit ratio is 30% while selling 800 units. Excluding our cost and operating expenses which are 2.8 million and 1.06 million. Our net profit is 140,000 ROI is 7 % Presented By: Noor Ul Ain Syeda Samia Naz Zubiya Saeed Talha Aleem Sikandar Akram
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