Professional Documents
Culture Documents
FIXIT
FIXIT
GROUP 4
EXECUTIVE SUMMARY
FixIT offers services for different fields in automotive,
plumbing, and electrical fields. FixIT is a phone application that
you can download for androids and iPhones that offers a
book-to-service type of deal that tackles problems that deal with
automotive, plumbing, and electrical fields.
According to the Metropolitan Manila Development Authority
or MMDA, the top three causes of accidents are Engine/
Mechanical failure on the road. While in residential houses up to
apartments problems from plumbing and electrical wirings arise.
Pilipinos choose to settle in the do-it-yourself mindset since the
technicians will sometimes be located far away or ask them for
very expensive prices.
EXECUTIVE SUMMARY
Marketing strategy based on social media such as
Facebook and Youtube, The FixIT mobile application may
also be used as a marketing tool by allowing the
accumulation of points and paid advertisements.
FixIT contends with the market shares of Carbulance,
Cavite Siphoning Plumbing Services, and Cavite Autocare
Services. However FixIT provides a three-in-one channel
for emergencies such as automotive, plumbing, and
electrical that allows the users to easily access technical
support.
COMPANY OVERVIEW
FIXIT is an application that you can download in your mobile devices that
functions as a medium of faster communication between the client and the technical
services provider. It works in a way that if a client experience technical problems such
as mechanical, electrical, plumbing, pipe, and electronic problems, they can search
through the app and appoint a technical service provider that they needed.
The app was similar to mobile applications like Lalamove and Grab, but in the
app's case, technical services was provided. The company will charge service fee in
each complete transaction to the client.
Company Creating a strong company foundation to decide on problems the First 3 months before starting
business will face the business
Application Hiring best programmers in creating the application and provide a First 3 months before starting
good business flow charts to decide how the process of the app the business
will run.
Employees Providing trainings and certification on the field they apply. The First 6 months of the business
company must have a legitimacy checking method to prove that
their certification is certified.
Application release Releasing the application in the public and accepting feedbacks, First 1 year of the business
improving feedbacks, improvements base on user suggestions.
MILESTONES
MILESTONE DESCRIPTION COMPLETION DATE
Execute the marketing strategy To be able to carry out the FIXIT's marketing First quarter
plan of action
Accommodate the first 100 customer Provide FIXIT's offered services to the first Second quarter
100 clients
Accommodate the 1000 customers Provide FIXIT's offered services to 1000 Fourth quarter
clients
Accommodate 10000 customers Provide FIXIT's offered services to 10000 2nd year
clients
Expand outside Cavite Expand branches to neighboring province 2nd to 3rd year
and cities
KEY PERFORMANCE METRICS
ACTIVITY DESCRIPTION KEY METRIC
Company development Hiring people with right experience to run Company satisfaction
different fields in the business.
Transaction-based Revenue
Revenues from the sales of products, which often involve one-time payments
from customers. The FIXIT app earns from the professionals services,
subscriptions, referral fee, and payment processing fees.
Recurring Revenue
Revenues gained from recurring payments to clients for ongoing services or
post-purchase assistance. Since the FIXIT app is a subscription-based service, the
app will surely earn continuously and can expect to earn regularly.
Financial Plan
B. Source of Funding