Magical Memories, Inc 1 Page Business Plan
Overview
Magical Memories, Inc has a clear business objective to promote Event management services. These services have been developed over One year 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
Magical Memories, Inc 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 The need for one stop shopping. This is a critical issue for our selected target market of Young adults to seniors.
The Value Proposition
Magical Memories, Inc is uniquely positioned to deliver value to Young adults to seniors. "Magical Memories, Inc will Provide a service where all needs are in house." In order to be deliver on this value proposition, we Our different event staff are hired not based solely on skill but because they have the same customer values as me. 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 Event management market. We consider our key competitors to be: There are many event companies and wedding planners. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with There are many event companies and wedding planners by We offer one stop shopping at an affordable price.
Key Strategies
Over the next 6 months our focus will be to Launch an online & media advertising blitz. This task will be undertaken in the context of our broader strategy to Going after the corporate America. 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: Launch major advertising Obtain twenty contracts Monthly billings of two thousand dollars
About this document
Event management Business Plan
This document was created by Anthony of Magical Memories, Inc using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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