Question
Question: Due in 45mins! Can you make this (Below)Executive Summery far better than it currently is? Production of Soft-Cover Entrepreneurship Executive Summery The product that
Question: Due in 45mins!
Can you make this (Below)Executive Summery far better than it currently is?
Production of Soft-Cover Entrepreneurship
Executive Summery
The product that I am trying to craft is Soft-Cover.
Soft-Cover is a wallet for modern world, a real 22ndcentury product that can revolutionize how we save money, spend money, and of course, protect money.
Outside, there will be a small screen when you can enter how much money you left house with, and what card you inserted. Inside, there will be space for cards, $1s, $5s, $10s, $50s and $100s. and within each space there will be a built in micro-chip, which will continuously keep track of how much you are spending and your current GPS location. The Power Source for the wallet is the User, means, it will be powered by kinetic energy. Wallet will be protected via Finger Print system. So no one else can open it. If the product is lost or stolen, auto generated voice call will go to 911 stating your identity then saying if it was being attempted to open by stranger and provide GPS information. Soft-Cover will also send GPS signal to primary user's phone so they can keep in track as well.
Target Market:
The target market for this product is as follows:
Business professional, teens, elders, and general public.
I have taken surveys in NYC, totaling 10,000 residents. Over 9.5% of them wants to buy the product when it is in market.
This is very positive, which provided me enough confident to make a team, which will handle each side of the business.
Research and Development, Finance/Accounting, Production, and Marketing
Budget for the product: $75,000
Details are on the following page.
Production of SoftCover Entrepreneurship Executive Summery The product that I am trying to craft is Soft-Cover. Soft-Cover is a wallet for modern world, a real 22 nd century product that can revolutionize how we save money, spend money, and of course, protect money. Outside, there will be a small screen when you can enter how much money you left house with, and what card you inserted. Inside, there will be space for cards, $1s, $5s, $10s, $50s and $100s. and within each space there will be a built in micro-chip, which will continuously keep track of how much you are spending and your current GPS location. The Power Source for the wallet is the User, means, it will be powered by kinetic energy. Wallet will be protected via Finger Print system. So no one else can open it. If the product is lost or stolen, auto generated voice call will go to 911 stating your identity then saying if it was being attempted to open by stranger and provide GPS information. Soft-Cover will also send GPS signal to primary user's phone so they can keep in track as well. Target Market: The target market for this product is as follows: Business professional, teens, elders, and general public. I have taken surveys in NYC, totaling 10,000 residents. Over 9.5% of them wants to buy the product when it is in market. This is very positive, which provided me enough confident to make a team, which will handle each side of the business. Research and Development, Finance/Accounting, Production, and Marketing Budget for the product: $75,000 Details are on the following page. THESIS THE PRODUCT THAT I AM TRYING TO CRAFT IS SOFT-COVER. SOFT-COVER IS A WALLET FOR MODERN WORLD; A REAL 22 ND CENTURY PRODUCT THAT CAN REVOLUTIONIZE HOW WE SAVE MONEY, SPEND MONEY, AND OF COURSE, PROTECT MONEY. PRODUCT OUTSIDE, THERE WILL BE A SMALL SCREEN WHEN YOU CAN ENTER HOW MUCH MONEY YOU LEFT HOUSE WITH, AND WHAT CARD YOU INSERTED. INSIDE, THERE WILL BE SPACE FOR CARDS, $1S, $5S, $10S, $50S AND $100S. AND WITHIN EACH SPACE THERE WILL BE A BUILT IN MICRO-CHIP, WHICH WILL CONTINUOUSLY KEEP TRACK OF HOW MUCH YOU ARE SPENDING AND YOUR CURRENT GPS LOCATION. PRODUCT THE POWER SOURCE FOR THE WALLET IS THE USER, MEANS, IT WILL BE POWERED BY KINETIC ENERGY. WALLET WILL BE PROTECTED VIA FINGER PRINT SYSTEM. SOFT-COVER WILL ALSO SEND GPS SIGNAL TO PRIMARY USER'S PHONE SO THEY CAN KEEP IN TRACK AS WELL. SO NO ONE ELSE CAN OPEN IT. IF THE PRODUCT IS LOST OR STOLEN, AUTO GENERATED VOICE CALL WILL GO TO 911 STATING YOUR IDENTITY THEN SAYING IF IT WAS BEING ATTEMPTED TO OPEN BY STRANGER AND PROVIDE GPS INFORMATION. GOA L Meeting customer criteria Craft brand new product Stay within perceptual market map Make product long-term/short-term friendly PERCEPTUAL MAP The low-end, high-end and traditional industries overlap. The pace of drift in low-end sector is significantly less than the high-end sector noticeably. TARGET MARKET THE TARGET MARKET FOR THIS PRODUCT IS AS FOLLOWS: BUSINESS PROFESSIONAL, TEENS, ELDERS, AND GENERAL PUBLIC. I HAVE TAKEN SURVEYS IN NYC, TOTALING 10,000 RESIDENTS. OVER 9.5% OF THEM WANTS TO BUY THE PRODUCT WHEN IT IS IN MARKET. INTERNAL DEPARTMENTS This is very positive, which provided me enough confident to make a team, which will handle each side of the business. Research and Development Finance/Accounting Production Marketing HR BUDGETI NG FORECASTI NGStep by Step Solution
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