Professional Documents
Culture Documents
ENTREPRENEURSHIP REPORT
ENTREPRENEURSHIP REPORT
ENTREPRENEURSHIP REPORT
Geographic
SHEcruise Empowerment Hub primarily targets women living in urban centers,
including major cities such as Rawalpindi, and Islamabad. These women reside
in both city centers and suburban areas where transportation infrastructure is
well-developed, reflecting their need for efficient and cost-effective
transportation solutions. With high mobility within urban areas, they are often
seeking alternatives that offer greater independence and convenience.
Behavioral Lifestyle
Behaviorally, these women are driven by a desire for independence,
empowerment, and a sense of adventure. They are willing to invest in personal
growth and skills development, particularly when it comes to learning new
activities like motorcycling. They tend to remain loyal to brands that promote
women's empowerment and provide strong community support, making
decisions influenced by peer recommendations, social media, and community
reviews.
In terms of lifestyle, these women are engaged in outdoor activities, fitness, and
social events, and are active on social media platforms. They are enthusiastic
about learning new skills, personal development, and participating in
community initiatives. They value independence, empowerment, safety, and
community support, and regularly consume online content related to women's
empowerment and motorcycling through social media, blogs, and forums.
Competitor analysis
The SHEcruise Empowerment Hub is a unique initiative focused on empowering women by
teaching them how to ride bikes, with all training provided by female instructors. Our mission
is to create a supportive and empowering environment where women can gain the skills and
confidence needed to ride a bike. In this market, we face competition from Pink Riders and
Women on Wheels.
Pink Riders is a well-established organization with a strong brand presence and several years
of experience. They offer comprehensive training programs across multiple locations, which
allows them to serve a larger demographic. Additionally, Pink Riders engage heavily with
their community through events and meet-ups. However, their programs are often more
expensive, which may deter some potential clients, and their standardized approach might
lack the personalized touch that some customers seek. Pink Riders have opportunities to
expand into new markets and form partnerships with women's organizations, but they also
face threats from new entrants in the market and potential economic downturns that could
impact their high-cost services.
Women on Wheels (WoW) focuses on inclusivity and community, offering affordable and
diverse programs, including group rides and bike maintenance workshops. Their strong
community focus fosters a sense of belonging among participants. Despite these strengths,
WoW has fewer training locations and may face resource constraints due to their smaller size.
Opportunities for WoW include the introduction of digital training programs and corporate
partnerships focused on employee wellness. However, they also face threats from larger
competitors and market saturation.
SHEcruise Empowerment Hub differentiates itself with unique selling points such as
employing exclusively female instructors, offering personalized training tailored to individual
needs, and emphasizing empowerment and confidence-building. Our flexible training
schedules accommodate the busy lives of our clients, and competitive pricing strategies make
our services accessible to a broader audience. Additionally, our strong commitment to female
empowerment and safety resonates strongly with our target market.
While Pink Riders and Women on Wheels are established competitors, SHEcruise
Empowerment Hub has distinct strengths that position us well for success. By leveraging our
female-only instructor base, personalized training programs, and strong focus on
empowerment, we can create a unique niche in the market. Strategic initiatives such as
flexible scheduling, affordable pricing, and community-building efforts will further
strengthen our competitive position and help us achieve our mission of empowering women
through bike riding.
Marketing Strategy
Market Segmentation
Geographic Segmentation: SHEcruise Empowerment Hub targets urban and suburban
areas, as well as college towns, where biking is popular and infrastructure supports safe
riding. Metropolitan cities and communities with bike-friendly environments are key
geographic segments.
Targeting Strategy
SHEcruise Empowerment Hub adopts a differentiated marketing strategy, focusing on three
primary target segments:
Young Professionals: Women aged 25-35 in urban and suburban areas looking to learn
new skills, stay fit, and adopt eco-friendly transportation methods.
College Students: Female students aged 18-24 who seek independence and cost-effective
ways to commute around their college towns.
Positioning
SHEcruise Empowerment Hub positions itself as the leading empowerment and skill-building
platform for women who want to learn bike riding in a safe, supportive, and all-female
environment. Our emphasis on personalized training, empowerment, and community sets us
apart from competitors.
Price: We adopt competitive pricing, positioned slightly below Pink Riders but above
Women on Wheels to balance affordability with perceived value. Various package options are
available, including beginner courses, intermediate training, and advanced riding techniques.
We also offer seasonal discounts, referral bonuses, and group booking discounts.
Place: Training locations are strategically placed in urban and suburban areas with high foot
traffic and bike-friendly infrastructure. We maintain a comprehensive online presence for
information, booking, and accessing online resources. Partnerships with local community
centers and gyms further extend our reach.
Promotion: Our promotional strategy includes robust digital marketing efforts on social
media platforms like Instagram, Facebook, and YouTube, showcasing success stories and
training sessions. Influencer partnerships in fitness, lifestyle, and eco-friendly niches help
promote our services. Local advertising through flyers, posters, and newspapers in targeted
neighborhoods, along with free introductory workshops and community bike rides, build
brand awareness. Public relations efforts include press releases and media coverage in
women-focused publications and local news outlets.
Plane of operation
Location:
Office Space:
Secure an actual area for the business tasks. This office will act as the focal centre for
overseeing managerial undertakings, planning occasions, and putting away stock. The size of
the workplace ought to be adequate to oblige staff, office gear, and a little stock stockpiling
region.
Rent/Purchase:
Choose whether to rent or purchase the workplace space. Renting may be ideal at first to
decrease forthright expenses.
Innovation
Foster a Site with a Coordinated People group Stage and Web based business Usefulness:
Site Improvement:
Make an easy to understand and outwardly engaging site that fills in as the business' web-
based presence. The site ought to mirror the brand's character and mission.
Staffing
Enlist Key Faculty Including a Local area Chief, Occasion Organizer, Content Maker, and
Promoting Trained professional:
Occasion Facilitator:
Plans, sorts out, and executes occasions, for example, meetups, studios, and riding occasions.
This job includes operations, merchant coordination, and occasion advancement.
Content Designer:
Creates great substance for the site, web-based entertainment, and limited time materials.
This incorporates blog entries, recordings, instructional exercises, and photography.
Stage Sendoff:
Authoritatively send off the local area stage and advance it through online entertainment,
email pamphlets, and organizations with powerhouses.
Commitment Techniques:
Carry out methodologies to keep the local area dynamic and drew in, like standard updates,
intuitive substance (surveys, tests), and virtual occasions.
Occasions:
Plan and Execute Neighbourhood Meetups, Riding Occasions, Studios, and Instructional
courses:
Neighborhood Meetups:
Coordinate casual social occasions where individuals can meet face to face, organization, and
offer encounters.
Riding Occasions:
Host bunch rides, energizes, and visits custom fitted to various expertise levels and interests.
Studios:
Offer instructive meetings on points like bicycle support, wellbeing, and high level riding
strategies.
Instructional meetings:
Collaborate with affirmed teachers to give organized preparing programs, from novice to
cutting edge levels.
Item Plan:
Team up with Originators to Make a Line of Top calibre, Marked Clothing and Stuff:
Configuration Interaction:
Work with proficient creators to foster a line of clothing and stuff that reverberates with the
brand's character and requests to the objective market. This might incorporate Shirts, coats,
protective caps, gloves, and other riding embellishments.
Marking:
Guarantee all items are marked with the business' logo and variety conspire, keeping a
predictable look and feel.
Stock Administration:
Execute a stock administration framework to follow stock levels, oversee requests, and
handle coordinated operations. This can include utilizing programming to smooth out tasks
and guarantee opportune satisfaction of orders.
2) Financial Planning:
1. Startup Expenses
Office Arrangement: PKR 1,200,000
Lease (initial a half year): PKR 600,000
Furniture and apparatuses: PKR 300,000
Office gear (PCs, printers, and so on): PKR 300,000
Innovation:
PKR 2,000,000
Site improvement:
PKR 1,200,000
Internet business stage coordination:
PKR 500,000
Local area stage joining:
PKR 300,000
Promoting and Publicizing:
PKR 1,500,000
Leader Rundown
Business Name:
New Young lady Riders
Business Idea:
A people group driven business supporting and advancing female riders in motorcycling,
cycling, and equestrian games through occasions, stock, preparing programs, and a web-
based local area stage.
Statement of purpose:
To engage and rouse ladies riders by giving assets, local area backing, and open doors for
expertise advancement.
Credit Sum Mentioned:
PKR 9,300,000
Reason for the Credit:
To take care of startup costs including office arrangement, innovation advancement,
showcasing, stock creation, occasion association, and preparing program improvement.
Business Outline:
Business Design:
Confidential Restricted Organization
Area:
Rawalpindi, Pakistan (starting tasks with plans to extend from one side of the country to the
other)
Target Market:
Ladies matured 18-45 with a premium in motorcycling, cycling, or equestrian games.
Items and Administrations:
Enrollment plans
Marked stock (clothing and stuff)
Riding occasions and meetups
Preparing projects and studios
Online people group stage:
Market Examination:
Industry Outline:
The experience sports and female strengthening developments are developing around the
world, remembering for Pakistan. There is a rising cooperation of ladies in motorcycling,
cycling, and equestrian exercises. This pattern presents a huge chance for New Young lady
Riders to take advantage of a specialty market.
Target Market:
Ladies matured 18-45
Metropolitan and semi-metropolitan regions
Pay range:
Center to upper-working class
Serious Investigation:
Restricted rivalry in female-driven riding networks.
Existing male-overwhelmed riding clubs need custom fitted administrations for female riders.
Market Needs:
Protected and strong riding local area for ladies
Preparing and ability advancement programs
Admittance to quality riding stuff and clothing
Systems administration and social open doors
Conclusion:
The New Young lady Riders business has an unmistakable mission to enable and uphold
female riders in Pakistan. With a thorough arrangement, solid market potential, and a strong
monetary methodology, this credit will empower the business to set up a good foundation for
itself and accomplish feasible development. We are certain about our capacity to reimburse
the credit through our projected incomes and beneficial tasks.