A safe way to Communicate Debbie Ivison-Mohit Chawla-Sukhchain Singh

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Presentation transcript:

A safe way to Communicate Debbie Ivison-Mohit Chawla-Sukhchain Singh Bikie Talkie A safe way to Communicate Debbie Ivison-Mohit Chawla-Sukhchain Singh

This is How a two way radio looks without Bikie Talkie

Why we came up with a Two- Way device Two-Way radios are accommodating Hands free Requires no licensing or Registration Clever engineering and quality product Noise reduction microphone for wind Retail about $60.00 per person

Design Two way Radio 8 Km range Headset - safely adjust to Helmet with Velcro Noise reduction Button location on handle bar Also includes the base/charging station Ear bud plug to jack on Bikie Talkie

Target Customer Bike club members The whole family Vacationers Accommodating to those on a budget less $ then a Bluetooth device Easy to bring, when traveling Used by Bike club members The whole family Vacationers Advantage with competitors A new idea ---Button on the handle bar

Business Concept Affordable Sell to Bicycle Clubs for groups Available in a variety of bike stores Promote Social Media exposure Community engagements

Marketing Plan Canadian Tire/Sport Chek Walmart Bike Stores Bike Rentals Online Sales College Book Store Expand Globally

Retail Price: Two Way Radio’s Bikie Talkie $40 Packaging with Velcro $10.00 Remote control system- batteries included $10 (Compared to, a T.V. remote control) Bikie Talkie Total Price = $60.00 Retail

Sales Forecast for 1 Year Beginning Inventory: Cost 2500 units $25.00 = $62,500 (-3.5% discount) =$62,500- $2188 Cost = 59,813. Pro forma objective for sales: First season: $100,000 gross sales, Wholesale price 2500 units @ $40/ unit Marketing – sales/overhead costs of $20,000 Est gross profit of $20,000

How much money we need to invest….. Asking Price $50,000/with 49% of business