LMNX Studio 1 Page Business Plan
Overview
LMNX Studio has a clear business objective to develop, produce, promote and distribute Mobile and Web Apps products and services. These products and services have been developed over 1 month 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 launch a new product. Whilst our existing products have been useful for testing the customer problem, new products are required to fully capitalise on our business potential. Our growth path is clearly oriented around the addition of new products, the development of these new products and the subsequent marketing of these. It is understood that costs will be associated with product development and marketing and these have been allowed for in our budget.
The Customer
LMNX Studio 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 Fun advertising platform that people willingly serve themselves with advertisement, quick and agile business management apps. This is a critical issue for our selected target market of Business Owners, Mobile Internet Users.
The Value Proposition
LMNX Studio is uniquely positioned to deliver value to Business Owners, Mobile Internet Users. "LMNX Studio will Provide mobile games, mobile apps, online radio and infosite advertising network that people really like to use and willingly access advertisements." In order to be deliver on this value proposition, we We have access to Rapid Development Platform for Mobile Apps and Website making the production cost really low. 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 Mobile and Web Apps market. We consider our key competitors to be: Other Mobile App and Website Studios. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Other Mobile App and Website Studios by Low production Cost, innovative strategy for delivering advertisements and contents, enable people to make money and win prizes while enjoying content.
Key Strategies
Over the next 6 months our focus will be to Recruit talents, develop more apps, create websites, setup online radio and set advertising networks. This task will be undertaken in the context of our broader strategy to Create streams of autopilot income, partnership with famous content, get businesses to sign up. 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: Recruit Talent Secure Content Supplies Get 1000 users
About this document
Mobile and Web Apps Business Plan
This document was created by Avi of LMNX Studio using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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