New Era Music Studio 1 Page Business Plan
Overview
New Era Music Studio has a clear business objective to develop, produce, promote and distribute Music services. These services have been developed over 6 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
New Era Music 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 Working with walk in customers who are In a rush. This is a critical issue for our selected target market of Musicians.
The Value Proposition
New Era Music Studio is uniquely positioned to deliver value to Musicians. "New Era Music Studio will Provide quality work at a affordable price." In order to be deliver on this value proposition, we I am a certified audio engineer who believes that they customer should leave the studio happy and accomplished I was once a customer and I know that constant trips to the studio can cost a arm and a leg but if you charge a little less and maintain giving the customer quality work it will keep them coming back and could possible lead to you gaining more customers for that client and more from the future clients.. 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 Music market. We consider our key competitors to be: Yellow sound studio
Da spot studio
NME STUDIO
Commando ENT studio . Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Yellow sound studio
Da spot studio
NME STUDIO
Commando ENT studio by My skill and knowledge enables me to keep up with my competitors out of the studios listed there are only two with certified engineers as owners with me being included that makes three but they also charge $45+ an hour I'm only charging 25..
Key Strategies
Over the next 6 months our focus will be to Work with the customer by giving them the same quality work for a cheaper price.. This task will be undertaken in the context of our broader strategy to Acquire more customers learn more about the music business . 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: Give the customer quality work Obtain 15 consistent customers weekly Lear about different customers (likes/dislikes)
About this document
Music Business Plan
This document was created by Ari of New Era Music Studio using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
Plan your next project at http://www.chartgantt.com for the best excel gantt charts.
No comments:
Post a Comment