Business Plan Presentation iHammer HammerKit. Venture Mission and Strategy Business environment...
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Transcript of Business Plan Presentation iHammer HammerKit. Venture Mission and Strategy Business environment...
![Page 1: Business Plan Presentation iHammer HammerKit. Venture Mission and Strategy Business environment Execution Risk Analysis Key Asumptions and Financials.](https://reader036.fdocuments.in/reader036/viewer/2022071806/56649dbe5503460f94ab15d6/html5/thumbnails/1.jpg)
Business Plan Presentation iHammer
HammerKit
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Venture Mission and Strategy Business environment Execution Risk Analysis Key Asumptions and Financials
iHammer
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Our Mission
We help web designers to use iPad as a web designing tool and give them posibility to be
interactive with the product.
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Strategic Intent
To be the first to release a web designing application for iPad.
Key actions (=how to get there):
•Develop the native app before summer 2011
•Get funding
•Thorough market research
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Our Earnings Logic
Web designers pay to get the HammerKit working on iPad and to
use the iPad as a working tool.
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Business Environment
• Market (description, size, geography,trends)
• Users: Web designers with iPads
• Size: dunno
• Geography: Global(where there’s iPad there’s iHammer)
• Trends: Rapidly growing as iPad users increases
• Concept: Web designing on the iPad
• Competition (direct and substitution)
• Not on iPad yet
• Users don’t see iPad as a good designing tool
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Project Execution
Key Milestones: (product and business)
1. What to do?
2. Gestures for the iPad
3. Wireframe
4. Draft of BP
5. Demo
6. Market research
7. Go or no go: Finished BP and native app
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Risk Analysis
RISKS Market
Not enough users Pricing
Technology/Product Gestures Native app Usability
Competence New competitors Similar products
ACTIONS
• Market
• Research
• Technology/Product
• User testing and several iterations
• Funding and recruitment
• Competence
• Competitor analysis
• R&D
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Key Assumptions
Gestures have to work and usability has to be excellent iHammer has to be the first of a kind Enough customers -> $$MONEY$$ People using HammerKit
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Financial NPV
Net Sales
0,0
50,0
100,0
150,0
200,0
1 2 3 4 5 6 7
Sarja1
-200,0
-100,0
0,0
100,0
200,0
300,0
1 2 3 4 5 6 7 8
Sarja1
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Market Research ctd
Potential market share 21M iPads sold in the end of 2011 28% uses it for professional usage
21 000 000 * 0,28 = 5 880 000 users
Potential sales 5 880 000 * 49,99$ = 293 941 200 $
Realistic: 0,01 * 293 941 200$ = 2 939 412 $
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Market Research & Test Plan
Group / profile # of persons
Goal of contact
How (interview, survey...)
Ready by
Designers 500k (100) Int, surv 26.11
HammerKit Customers
700+ 700+ Surv/Newsletter
1.12
Amateurs 3M 100 Surv 26.11
HammerKit employees
15 5 Interview 4.11
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Customer feedback
Brilliant idea, would be very useful Interface needs to fullfil iOS ”standards” Usability is sluggish (HammerKit test
environment) High price, may affect customers decision The application has to be simple enough
for touch use
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Marketing Mix
Competitive Advantage of Service First web designing app for iPad
Marketing Mix Product: Design on the go with iPad Price: 49,99$ (only one in app store, professional
usage) Promotion: Apple site feature, forums, web site Place: App store
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Marketing Plan
The core: First web design application on the iPad
First marketing focus on Europe, but Internet & Apple store are global
Quick expand to NA
Promotion through Facebook, Twitter & HammerKit Newsletters App development updates