LED World HQ 1 Page Business Plan
Overview
LED World HQ has a clear business objective to distribute LED Products and Services. These products and services have been developed over 3 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
LED World HQ 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 to high energy bills. This is a critical issue for our selected target market of Small Business and Residents.
The Value Proposition
LED World HQ is uniquely positioned to deliver value to Small Business and Residents. "LED World HQ will We provide and install LED products. It will reduce energy cost with longer lasting products.." In order to be deliver on this value proposition, we do not have a middle men. Therefore; we have direct relationship with our suppliers. We can tell them exactly what our customers want with lower cost to our customers. 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 LED Products and Services market. We consider our key competitors to be: Walmart, Sears, Lowe's, and LED Lights. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Walmart, Sears, Lowe's, and LED Lights by providing Cheaper products with better quality and a lot more varieties.
Key Strategies
Over the next 2 months our focus will be to work on couple of Projects before launching into the business world with both hands in. We will show our completed projects to acquire new customers. This task will be undertaken in the context of our broader strategy to Open a retail store for walk in customers and distribute on a whole sale market. 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: Obtain Small Businesses Open Retail store Get Government Projects.
About this document
LED Products and Services Business Plan
This document was created by Hammas of LED World HQ using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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