Entrepreneurship 311 Professor Matt Bieber

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Entrepreneurship 311 Professor Matt Bieber

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Entrepreneurship 311 Professor Matt Bieber. What We Do. Small Business Marketing & Advertising Social Media Management Print Advertising & Collateral Design Promotions & Event Planning. Who We Are. Joe Gianndrea. Will Reich. From Sicklerville, NJ. Member of Lehigh Track & Field - PowerPoint PPT Presentation

Transcript of Entrepreneurship 311 Professor Matt Bieber

Page 1: Entrepreneurship 311 Professor Matt  Bieber

Entrepreneurship 311Professor Matt Bieber

Page 2: Entrepreneurship 311 Professor Matt  Bieber

What We Do

Small Business Marketing & Advertising

Social Media ManagementPrint Advertising & Collateral Design

Promotions & Event Planning

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Who We Are

Joe Gianndrea

Will Reich

From Sicklerville, NJ.Member of Lehigh

Track & FieldMarketing Major,

Entrepreneurship Minor

Internship History in Marketing and Customer Relations

From Worcester, MA.Former Lehigh Football

PlayerPolitical Science Major

with Minors in Business & Entrepreneurship

Internship History with Advertising, Marketing and Sales

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Problem Leads to Opportunity

Cost of large agencyLarge agencies tend to be bureaucratic and impersonal

Lack of flexible and innovative solutions

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The Solution

Provide small businesses a service that will always be:•Cost-efficient• Flexible• Innovative• Personable•Understanding

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Where We Started

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What We Did

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What We learned

Starting your own business is not easyNot all business owners are easy to work

withTrial and error is a good way to test ideasSuccess may not come right awayThere are lessons in every business

transactionWe need to market ourselves more

professionally

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What’s Next

Take what we have learned an apply it to new customers

Develop a better marketing plan for ourselves

Look into web development as a new avenue

Find a person versed in web designRedevelop contract timelines

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Pricing:Social Media

Site Creation (2 sites)………………..$250Site Management……………………$200/monthDigital Coupons…………………….$15/designEmail List Generation……………….$10/ printing

EventsEvent Design…………………….….$100Day of Management…………………$10/hrPromotional Items…………………..Paid by owner

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Pricing (Cont.)Print

Flyer design………………….$15Coupon design……………....$10Menu Design (1page)………...$20Menu Design (tri-fold)…….....$25Plain Paper copies…………...$.50/copy

Poster Design………………..$35

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Market SizeBethlehem, PA has approximately 8,691

small businessesIf we focus on social media creation and

management as our main form of revenue at $200-$250/ month then:There is $1,738,200 to $2,172,750 of potential business available in the area

We hope to capture .5% of this business per year Approximately 43 businesses

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Current and Anticipated FinancialsCurrent Costs: OUR TIME Current Revenue: General Zapata $250.00 Future Costs

LLC Trademark Logo PaperInk Website Development

Anticipated Revenues (Based on obtaining 5 customers for social media only) Month 1@ $250.00

$1,250.00 fixed 3 Month contract @ $200.00 per month (excluding month 1)

$2,000.00 Total $3,250.00 in next three months