Support American Economy Business Plan

Loading...

Flash Player 9 (or above) is needed to view presentations.
We have detected that you do not have it on your computer. To install it, go here.

0 comments

Post a comment

    Post a comment
    Embed Video
    Edit your comment Cancel

    2 Favorites

    Support American Economy Business Plan - Presentation Transcript

    1. Business Plan--Quick Pitch SupportAmericanEconomy.com
    2. Idea
      • A website to sell American-made Products.
      Motivation
      • While the government cannot explicitly demand or encourage that its procurements are fulfilled through American-made products out of fear of WTO tariff wars, the public sector and public contractors of government can buy their supplies domestically. This helps American manufacturers keep their workforces.
    3. How it will make money
      • Commission from sale of products
      What would it sell
      • Any American-made consumer products from pencils to cars
      • Business supplies. There will be an emphasis initially on signing up manufacturers that sell construction material and equipment (stimulus plan)‏
    4. Who will supply products
      • - Any domestic OR foreign manufacturer or distributor can upload their products
      • - If you are confused, don't see the competitive advantage, read on. two more slides!
      Why would they supply products Through Us
      • - Domestic manufacturers benefit from potential increased sales. We charge them only from 8-20% premium. Also the points system (see later slides) gives them another competitive advantage
      • - Foreign manufacturers benefit from potential increased sales. We charge them from 10-60%
    5. Who will buy the products
      • - Individuals, businesses and organizations that need those products and raw material
      Why would they buy through us
      • - Compare American-made brands with foreign alternatives for price, quality, delivery time and total cost of ownership
      • - After comparing, the buyer chooses to buy an American-made brand, they will get the difference in price between the American-made brand and the median of the foreign alternatives in points.
      • - Buyers can use points to buy more American-made products
    6. Barriers to Entry
      • Existing online businesses selling American-made products (e.g.madeinusaforever.com, shopforamerica.com, americanmadesupplies.com)‏
      • Everybody reading this copying the idea and doing it
      Competitive Advantages
      • We will be dynamically updated
      • We will have an array of useful products both for individual consumers and businesses
      • Easy metrics for comparing various brands for domestic and foreign products
      • Experience with successful startups
    7. Competitive Advantages (Cont.)‏
      • Experienced at designing, implementing and managing software development projects
      • Experienced at managing suppliers and distributors
      Keys to success in 60 days
      • Have product upload interface up in 2 weeks
      • Beta site up in 4 weeks
      • Have 100 products up at Beta
      • Launch in 6 weeks
    8. Funds Needed
      • Website Creation $25,000
      • Web Hosting 500
      • Business Coordinator 7,500
      • Signup Coordinator 7,500
      • System/Database Designer 15,000
      • Web Engineer 15,000
      • Office Rent 3,000
      • Computers & Equipment 3,000
      • Supplies 500
      • Legal/Admin 3,000
      • Advertisements 10,000
      • Total $90,000
    9. Return On Investment
      • 25% equity at the company
      Monthly Expenses
      • Web Hosting $500
      • Salaries 10,000
      • Supplies 200
      • Phone/Fax/Internet 200
      • Office Rent 3,000
      • Legal/Admin 500
      • Advertisements 3,200
      • Total 17,600
    10. Breaking Even in 60 Days
      • - Average daily profit of ~$600
      • - At 15% average commission, translates to $4000 daily revenue
      • - Encourage minimum spending of $100 by offering double points.
      • - Need only 40 transactions per day
    11. Q&A
      • Q. Aren't you giving American manufacturer's an unfair advantage?
      • A. Yes, however if a non-US made product sells well and has great ratings, the commission the manufacturer/distributor pays will be reduced so the American brands have to stay competitive
      • Q. How will you verify a manufacturer's products are made in USA?
      • A. Manually for new companies, established ones based on trust and occasional audit
      • Q. How about fraudulent companies or knock offs?
      • A. We collect all payments. companies only get shipping information. (continued...)‏
    12. Q&A (Cont.)‏
      • We release payments at the end of the month. If there are any undelivered products or fraud claims, they will be withheld. violators will be suspended. Moreover non-American based companies need to pay a $10 monthly membership fee.
      • Q. How easy will it be for companies, their reps and distributors to upload products?
      • A. Very simple. The system will fill out most of the details and even import from file (from existing online stores)‏

    + beghbalibeghbali, 9 months ago

    custom

    352 views, 2 favs, 0 embeds more stats

    More info about this document

    © All Rights Reserved

    Go to text version

    • Total Views 352
      • 352 on SlideShare
      • 0 from embeds
    • Comments 0
    • Favorites 2
    • Downloads 3
    Most viewed embeds

    more

    All embeds

    less

    Flagged as inappropriate Flag as inappropriate
    Flag as inappropriate

    Select your reason for flagging this presentation as inappropriate. If needed, use the feedback form to let us know more details.

    Cancel
    File a copyright complaint
    Having problems? Go to our helpdesk?

    Categories