Providence Classic 1 Page Business Plan
Overview
Providence Classic has a clear business objective to promote Volleyball Tournaments. These services have been developed over 6 months with a core focus on addressing the key customer problem and associated opportunities.
The Business Objectives
When as a key component of our growth strategy we consider it critical to identify and outline our business objectives, and align these objectives with clear and measurable development milestones. Our key long term business objective is to acquire new customers. Customer acquisition is considered to be the critical activity and we are seeking to grow the number of customers. We understand that customer growth could be at the expense of profitability, and that there is a cost associated with customer acquisition. Our long term objective is to build a clear customer acquisition process.
The Customer
Providence Classic has been created with a clear focus on the needs of our customers. Through a structured customer discovery process, we have validated the key customer problem as Not enough people. This is a critical issue for our selected target market for Athletic volleyball players.
The Value Proposition
Providence Classic is uniquely positioned to deliver value to Athletic volleyball players. Providence Classic is a new business with lots of area to grow. We will host tournaments and open plays for cheap price. You will get to meet lots of people who share similar interests.. In order to be deliver on this value proposition, What is unique about Providence Classic is that it is started by 2 young teenagers. Us two are widely known in the volleyball community. This capability has taken considerable time and resources to develop and forms the cornerstone of our competitive advantage.
Competitors
We have a number of competitors within the Volleyball Tournaments market. We consider our key competitors to be: VBLI, Impacts, and Legacy Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with VBLI, Impacts, and Impacts by having cheaper admission prices.
Key Strategies
Over the next 6 months our focus will be Social Networking to get through more players in the Volleyball Community. This task will be undertaken in the context of our broader strategy to Start more tournaments . These strategies are a tactical implementation of our overall business goal as outlined above.
Milestones
Measurement of the successful implementation of our strategies will be governed by measurable development milestones. The milestones that will be achieved over the next 2 years are: Announcement of the first official tournament Revenue exceeds expenses First million dollar day
About this document
Volleyball Tournaments Business Plan
This document was created by Kevin of Providence Classic using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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