2. EXECUTIVE SUMMARY
Is there any facility in India currently
to deliver liquor at your doorstep?
Liquor time provides you with the
convenience of saving your time and
energy and getting your favourite
drink(liquor) delivered with ease.
3. OVERVIEW
Liquor time app will be an online
destination to have the liquor
delivered at your home with just one
click.
4. HOW THE APP WORKS
Click on the liquor time app to order your liquor
Select the category which you want to order like – beer,
wine, whiskey, rum, gin etc.
Select the quantity of bottles (restricted as per govt.
norms)
Make payment using debit/credit card , cash on delivery or
Paytm
The order will be communicated to the nearest wine shop
and will be delivered within 1 hour
5. GOAL
Create an era of delivering liquor
online.
Creating customer satisfaction by
promising delivery on time
Net profit of Rs 5 crore in the initial
year
Rise in income by 10% CAGR
Expand the services by delivering to
hotels, restaurants, pubs
7. COMPANY OVERVIEW
A destination to get your liquor delivered with
ease and convenience
Wide variety of liquor available along with
ratings of the drink
Delivery within an hour of placing the order
Saving time and efforts of finding liquor shops
8. TARGET CUSTOMERS
Gender: Males and Females
Age group: 21-60 years
Tier 1 and 2 cities
Income bracket: Rs 3 lac and above
Middle, upper middle and higher class people
who are fond of having liquor at least once or
twice in a week
9. MARKET OVERVIEW
Currently, there is no such online app
that provides the convenience to deliver
spirits at doorstep. With liquor time,
there would be beginning of a new
online wine shop.
10. PORTER’S FIVE FORCES MODEL
Threat of entry
LOW
Threat of substitutes
LOW
Bargaining power of
buyers
LOW
Bargaining power of
suppliers
HIGH
Industry Rivalry
LOW
11. STRATEGY
The strategy to make liquor time a
successful online wine shop is to make
people realise that how worthy is their
time and with such ease and convenience
the app will provide to them the facility to
make minimal efforts to have their
favourite drinks delivered at home.
12. VALUE PROPOSITION
Customer value: personal, virtual, ‘Liquor
delivered with just one click’.
Collaborator value: one of a kind of an
online wine shop
Company value: work friendly environment,
growth opportunities, ideal place for
millennials
14. PRODUCT
FREE VERSION: the app would provide the basic
facilities to the consumer of making the order
for purchasing liquor
PREMIUM VERSION: The premium version
provides the consumers with additional features
such as expert reviews, articles on different
spirits etc.
15. PRICE
The priced version of the app is
priced at $0.99 since it is a new
concept in India and based on
the psychological pricing, it is
less than a dollar.
20. IMPLEMENTATION
Pitch investors to financially support the product
Talk with wine shops and observe customer
requirements
Hire app developers and finalize design of the app
Write blogs on the new app
21. DISCLAIMER
Created by Abhinav Malik, IFMR Sri City , during a marketing
internship under Prof. Sameer Mathur, IIM Lucknow.
(See www.IIMinternship.com)