Bake delite business plan
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Transcript of Bake delite business plan
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Group Members
Asma Muzaffar
Arooj Kundi
Azka Amin
Fariza Kamran
Maliha Asad Dar
Sabina Nadeem
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• The Company
• Market
Introduction
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Products
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Cakes and Cupcakes
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Lasagna and Pastas
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Come along inside! We’ll see if cakes and cupcakes
can make the world a better place!
Our Mission
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Keys to Success
Providing the highest quality product with personal customer.
Competitive pricing.
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Startup summary
• Business Idea
• Logo and Brand name
About the business
• BakeDelite is a home-run cake and cupcake business.
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Management Name Designated Activity
Azka Amin IT specialist and Baking Expert
Asma Muzaffar Finance Manager
Fariza Kamran Quality Assurance Manager
Maliha Asad Dar Procurement Manager
Sabina Nadeem Marketing and Quality Assurance & Italian food expert
Arooj Kundi Legal and HR Issues
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Personnel plan
No of Employees
6 Partners
Payroll
Based on Net Profit
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Social & Legal
challenges
Risks
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ValueProposition
Revenue Model
Market Opportunity
Competitive Environment
Competitive Advantage
Market Strategy
Business Model of Bakedelite.com
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Value Proposition
Wide options of customization
Company is committed to satisfy the sweet tooth of its
customers
Revenue Model
Bakedelite has sales revenue model as it
directly get its revenue by selling to
the customer.
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Market Opportunity
Students aged 15-25
Families
Competitive Environment
As, market is very competitive and
intensity is very high
So, customized orders and freedom of
ordering any type of cake is a competitive
edge.
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Competitive Advantage
Customized orders
Customized products like
cakes, cup cakes, pastas etc
High quality materials used
Taste derives the market
Recipes unique and not easy to
intimate
Market Strategy
Facebook, WOM (Word of Mouth),
SMS
Google ads, FM radio
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Porter’s Five Forces Model
Easy entry to start up .com business
Substitutes are available
Customer have high bargaining power
Suppliers are important and have high bargaining power
Competition is intense
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Market Needs
Birthdays
Anniversaries
Dinners
Eid
Hi-teas
Parties
Any other Occasion
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Service Business Analysis
Service is a concept and it is all about pampering the customer.
Online businesses are by nature service based companies
B2C Model
Not necessary to own each business process
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Competition & Buying Pattern
Intensified competition in the market
Competitors like Kitchen Cuisine, Tira Misu etc
Online buying patterns are influenced by experiencing the purchase
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……Continued
Deliciousness is key to beat the competition
Mostly buyers like to have Hi-Teas, Birthdays etc to make an order
Direct competitors like Nanakitchen.com and many others
Promotional Activities are important
Google, Facebook and twitter are useful
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Competition
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Indirect Competition
Jias Deli, Hot Spot Gourmet Gelato Affairs
Rendezvous Kitchen Cuisine Rahat Broadway
Bake Well Funky Bake Cup Cake cafe Masoom’s
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Direct Competition
Mint to Be http://www.facebook.com/mint.to.be
Bakin’ Hot http://www.facebook.com/BakinHot
Sugar n Crumbs http://www.sugarncrumbs.com/
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Pakistan Online Consumer Psychic
• Not many online buyers • Main Reasons for not having confidence in
online buying– Forgery– Misperception about actual product v displayed
online– Lack of knowledge & awareness
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Promotional Tools
Search Engines
Hit Encounters Mail Lists
Banners School visits
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Information filled in the order form present on the Facebook
page stays in our official email id ([email protected])
Database is maintained to store all the records of people
who hit and fill in the application for registration
Customer Information Collection Tools
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Strategy and Implementation
•Competitive Edge•Offers finest quality products•Design cakes for all occasions•Customers don’t have to visit for order•It gives customers their design for cakes which normal bakeries don’t offer
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Sales Strategies
Being specific (and honest)
about our product
offerings
Keeping it personal
Set delivery policies that
work for your business model
Social Media Promotion
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Technology
Bakedelite got its website hosted from Pakservers.
Software used to develop this website was Wordpress.
Pagemash plug-in is used to order the pages according to our requirements
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PageMash Plug-in (Page Management)
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Website Optimization
• Design Features• User Friendly• Speedy loading• Dynamic
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…..Continued•Usage of Design and Layout Features
• Created our own background image and inserted it
• Created our own logo and used it• Activated Smooth Slider feature• Created a hyperlink in contact page to link the Facebook contact with its URL.• Added the free registration feature• Created sub-menu to maintain a catalogue of our products.
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…..Continued
•Aesthetic Appeal•Features Supporting Ecommerce
•Post Comments•CMS•Dynamic Search Tab•Google XML SiteMaps•SEO SmartLinks•Product Catalogue•Google Adsense
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Search Engine Stats
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Logical Design
www.bakedelite.com(Main page)
Displays
Go to “Place An Order” and enter your
requirementsYou will get reply of Email for Verification
of order
Order ready to be delivered
Visit Products page and see pictures of products( this step can be skipped)
USER
Ste
p 3
Step 2
Step 4Step 5
Ow
ner
hand
s ov
er th
e or
der
to th
e cu
stom
er
Step 1: Sends HTTP Request
LOGICAL DESIGN
Step 2-3
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Future Prospects
Expanding our product line.
Making specialized orders for parties.
Targeting corporate world.
Opening up a proper bakery after collection of suitable funds from current business
Introducing credit card facility along with payment on delivery.
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Financials
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Start Up Expenses
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Sales Forecasts
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Yearly Forecast
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Conclusion
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Bibliography
• 1. About Us: Bakedelite. Bakedelite. [Online] [Cited: May 20, 2011.] http://www.bakedelite.com/?page_id=79.
• 2. Products: Bakedelite. Bakedelite. [Online] [Cited: May 20, 2011.] http://www.bakedelite.com/?page_id=38.
• 3. [Online] http://www.flysyk02.netfirms.com/Ecommerce/Privacy.htmttp://www.flysyk02.netfirms.com/Ecommerce/Privacy.htmttp.
• 4. Place an Order: Bakedelite. Bakedelite. [Online] [Cited: May 20, 2011.] http://www.bakedelite.com/?page_id=75.
•