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Sajid Ali Umrani (Idea Pitching) Group Presentation
Sajid Ali Umrani (Idea Pitching) Group Presentation
Well I Sajid will look after all operations going on and will provide the initial capital
to the startup.Youhana will be doing all marketing tasks like adv,and what
customers needs are also making our product aware to general public.Whereas
M.shazad will be coping with finance related work like making budgets for all other
departs maintaining cashflows etc. And M.Huzaifah job is to Maintain good
relationship with customers like providing quality after sale service so that clients
could repeat their purchases and remain loyal to the company.
The Name Of Our Ecommerce Website Is SYSH.com Quite strange but the logic behind this name is that
S stand for Sajid,Y stands for Youhana,S stands for shazad and H stands for huzaifah.
Business Concept:
Product or service:
Our idea is to actually setup an Ecommerce website where we are gonna sell our products which are as
follows;
E-Books
Novels
Audio Books
Journals Etc.
Geographical Segmentation:
Well Geographically our product/services are available for anyone from any part of the
world language might be issue but for that we had provided a translator in website with
more then 30 languages so that might be helpful to capture more market share.
As we are selling online so geographic boundaries aren’t an issue for us.
We are targeting Globe so revenue might not be constant due to variety of customers as
online earning is called “hawai Rozi”in Pakistan so it differs by time.
Startup Capital Required:
Website cost: Maybe a good site could cost us around 5k.
Translator Extention subscription might cost us 5 to 8k monthly.
Inventory would of 10k bcz of low budget provided for startup
Rest would be spent on marketing bcz online selling requires digital marketing
in order make our target audience aware about our product.
Initial Phase no Sallary for partners it was decided collectively by four of us.
Critical Risk Factors & There Solutions:
Risk Factors Involved Are:
Chances Of website Being Hacked
Distruptive Internet connection might be a big problem
Presure From Competitors
Lack of research personnels.
Loose Clients to Big Giants like Amazon kindle etc.
Lack of Good Quality Writers bcz of low literacy rate in our country.