Penny Stocking Academy 1 Page Business Plan
Overview
Penny Stocking Academy has a clear business objective to produce Stock market content products. These products have been developed over 1 month with a core focus on addressing the key customer problem and associated opportunities.
The Business Objectives
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
Penny Stocking Academy 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 Stock market education. This is a critical issue for our selected target market of Investors and traders.
The Value Proposition
Penny Stocking Academy is uniquely positioned to deliver value to Investors and traders. "Penny Stocking Academy will Provide educational content that teaches individuals how to day trade penny stocks." In order to be deliver on this value proposition, we focus on penny stocks which do not have much attention. 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 Stock market content market. We consider our key competitors to be: Investopedia, Tim Sykes . Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Investopedia, Tim Sykes by Unique explanations and focus on penny stocks. Video focus on penny stocks.
Key Strategies
Over the next 6 months, our focus will be to YouTube series. This task will be undertaken in the context of our broader strategy to Launch product. 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 new product Upload 30 videos Obtain 100 weekly site visitors
About this document
Stock market content Business Plan
This document was created by Nestor of Penny Stocking Academy using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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