His Man Friday Team
Patrick
Bruns, Madeline Dowhaniuk, Lane Kinas, Jared
Rasmussen
The Problem
Real men need to be pampered. Men
are interested in their visual appearance, and society is as well. Making
a first impression on an employer, a complete stranger, or the opposite sex,
can oftentimes make or break a person. People are quick to judge on appearance,
but why even give them a reason in the first place? The key is to look sharp
and always put your best face forward. The problem is, men can lack knowledge
in how to groom, don’t know enough about products in the market to try
them, or are simply overwhelmed with the array of products in an aisle of the
local drug store.
The Solution (Value Proposition)
To solve this issue, men need a
source to get an education of grooming and hygiene products and how they can
utilize them for their benefit. Introduction of the His Man Friday store could
be of great assistance to enhance your natural man. This store caters to men
who upkeep their appearance, present themselves appropriately, and stay
well-groomed. His Man Friday can be the sidekick for everyman to utilize; body,
fragrance, skin, hair, and shaving products are all chosen based on personal
needs.
Customer
- Men –
Primary User and Buyer
- Women – Secondary Buyer
Marketing & Sales Approach
- Social
Media:
- Facebook
and Twitter accounts – updates, photos, contests
- Website
– pages that included: who we are/what we represent, in-store promotions,
contact information
- Print Ads – posters with QR codes and magazine ads
Key Resources
- Suppliers
– white labeling manufacturer/supplier (key milestone: completion date by
July 2012)
- Store Design – unique store to offer specialized products and services
The Competition
- Men specific brands (i.e. Axe or Dove Men Care) and the retail locations that carry them (i.e. Shoppers, Wal-mart, etc.)
Financial Projections
Total monthly income:
$69,000 Annual income: $828,000
|
Products
|
Services
|
Avg
Price:
|
$8
|
$40
|
Avg
Daily Sales in Units:
|
200
|
15
– 20
|
Avg
Daily Revenue:
|
$1600
x 30 = $48,000/month
|
$700
x 30 = $21,000/month
|
The Close
We are solving the problem of
under-groomed and under-pampered men. With our team and your investment, we can
solve this problem in the emerging and growing market. We are looking for
$250,000 for initials building renovations/materials, inventory, and first six
months rent.
1 comments:
I've posted the Investor Summary on our blog, but I have also sent it to Evan for his ease of reference
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