QUICKBIT 1 Page Business Plan
Overview
QUICKBIT has a clear business objective to distribute Virtual Currency products. These products have been developed 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
QUICKBIT 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 efficiency and trustworthiness. This is a critical issue for our selected target market of the online consumer market.
The Value Proposition
QUICKBIT is uniquely positioned to deliver value to the Online consumer market. "QUICKBIT will deliver Your coins, Your way." In order to be deliver on this value proposition, we insure delivery of your coins, whenever, wherever, however!. 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 Virtual Currency market. We consider our key competitors to be:
Bit bargain
Local bitcoins
Bittylicious
Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with
these companies by promoting Your coins
, Your way,
< br />Whenever, wherever, however .
Key Strategies
Over the next 6 months our focus will be to
< br />Increase awareness through advertising.
< br />Branding through customer satisfaction & feedback.
This task will be undertaken in the context of our broader strategy to expand into a new product. Ie litecoins. 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: The First centurion customer, product expansion into lite coins and the selling of the company to a competitor.
About this document
Virtual Currency Business Plan
This document was created by Gold of QUICKBIT using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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