Magic solutions inc new
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The document describes an automatic white board cleaner created by MAGIC SOLUTIONS Inc. to solve the problems faced by educational institutes. It takes 7 seconds to clean boards without damaging them using a wiper system controlled by a remote. Market research found many private institutions interested in purchasing the product. The company projects sales of 50 units and allocates a budget that would generate a small profit. The team at MAGIC SOLUTIONS believes this product can revolutionize the education industry in India.
Magic solutions inc new
- 1. Automatic White Board Cleaner MAGIC SOLUTIONS Inc. For queries : Deepankar Khare 9868588110 [email protected]
- 2. NEED OF THE HOUR •Usage of White Boards are pretty common in educational institutes. Around 90-95% educational institutes around the globe use white boards for writing the classrooms. •Usually they are large in size and It becomes very difficult for the end user to erase the whole board. •According to the survey conducted by surveymonkey.com, If a class is conducted for 1 hour, then 8-10% of time is wasted in cleaning the board. •These are the problems faced by each faculty we interacted with. •So WE came up with an idea to create an AUTOMATIC WHITE BOARD CLEANER.
- 3. How it solves the PROBLEM •“The automatic white board cleaner” is system that can solve the problems faced by the faculties. It will shorten the time and minimize efforts. •It takes around 7 seconds to clean the board without destroying the quality of it. •The system contains the wiper which moves in horizontal movements and It wipes the board TWICE at a short time.
- 4. HOW IT WORKS? •The automatic white board cleaner consists of rails (drawer), supports, wiper bar and a micro-controller to wipe the board from a reasonable distance. •The remote controller system makes it easy to use the system and this allows to clean the board the from reasonable distance. •So, “THE AUTOMATIC WHITE BOARD CLEANER” will bring the revolution in education industry and It is a spectacular replacement of DUSTER. •As well as it will reduce the efforts made by the board users.
- 5. FEASIBILITY Though this concept is infant in India, but It is widely used in most of the EU, African countries and other Asian countries. We are the first player in the Indian market. Several surveys have been conducted by our team in various educational institutes. The main motive behind creating the system is to reduce cost and effort made by the board user in classroom. Rather than importing from external source, We took an initiative to MAKE IN INDIA. Image Source : www.gov.in
- 6. Before After
- 7. MARKET RESEARCH Our Marketing team went to the market research in different private institutes and colleges for survey regarding product of white board cleaner. Many institution agreed to buy our product as it was beneficial for them. We got many purchase orders from different institutions like FIITJEE, AKASH , CAREER LAUNCHER, TIMES ETC. With the help of our IT team we developed pages on Facebook and Twitter named as “MAGIC SOLUTION INC.” for better selective social media marketing for advertisement of our product.
- 8. We came to a conclusion of different institution which has been shown in below flow chart. We got very good feedbacks from different private institution regarding our product. Many institution willing to buy our product.
- 9. PROJECTED SALES We have got orders for around 45 automatic white boards. So, we manufactured 50 boards in one lot. We will consider producing more boards after getting reviews on the basis of boards sold.
- 10. BUDGET ALLOCATION Income Amount (in Rs.) Per unit Total Sales generated (8000x50) 4,00,000/- 8,000/- Total Income 4,00,000/- 8,000/- Expenses Fixed Expenses (Raw Materials+Labour+Rent) 3,00,000 6,000/- Variable (Electricity & other expenses) 50,000 1,000/- Total Expenses 3,50,000/- 7,000/- Profit (Income-exp) 50,000/- 1,000/- Total Units produced = 50 Automatic White Boards
- 11. OUR TEAM Deepankar Khare CEO & CFO, Magic solutions Inc Keerti Mktng & PR Head Vishal Arora Business Development Manager Hardika Sharma IT Head Saurabh Giri Ops. Head Sonam Makol HR Head
- 12. MAGIC SOLUTIONS INC. © ALL RIGHTS RESERVED