VrFun 1 Page Business Plan
Overview
VrFun has a clear business objective to distribute virtual reality entertainment services. These services have been developed over 3 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 grow revenue. Rapid revenue growth is considered the most critical and measurable business goal. At this stage of our development, we consider this to be more important than profitability growth, although both are important long term objectives.
The Customer
VrFun 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 to have a great time with family and friends. This is a critical issue for our selected target market of something bored people of all ages.
The Value Proposition
VrFun is uniquely positioned to deliver value to bored people of all ages. "VrFun will be opportunity to spend a spare time in a fun and emotive way." In order to be deliver on this value proposition, we have 9 years experience running own company. My 15 years of experience as a consultant and my communication skills allows to explain new things in an easy and encouraging way. I'm very passionate about VR technology and I'm amongst the first who see how much people are thirsty for this new entertainment prospective. 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 reality entertainment market. We consider our key competitors to be: "Exit to Virtual Reality". Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with "Exit to Virtual Reality" by
1. offering VR experience in a more private and intimate atmosphere.
2. spending less for office/place.
3. offering more services.
4. delivering closer to client service and support for long lasting relationship.
Key Strategies
Over the next 6 months our focus will be to advertising in social media. This task will be undertaken in the context of our broader strategy to offer new services. 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: 1. Launch of new products; 2. Open new shop; 3. Broaden service offering
About this document
Virtual reality entertainment Business Plan
This document was created by Daniel of VrFun using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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