Super Team Presenting Castro’s Fine Cigar Online Shop
Agenda Company Profile – Founders – Company Business Plan – Business Model – Marketing Plan – Financial Plan Website Design – Demo Q&A
Company Profile Harry Founders
Company Background Harry Castro’s Fine Cigar Shop: – Managed by a family in Mountain View. – Been in business since last 2 generations. – Has very loyal customer base and strong brand image.
Business Expansion Divya Options – More stores located geographically in other places. – Partnership with other vendors. – Mail order. – Supply to other retail stores – E-commerce
Why E-commerce? Divya Catalog flexibility and online fast updating Shrinks the competition gap. Unlimited market place and business access. 24 hours store. Lower cost of doing business. Eliminates middlemen. Easier business administration. Requires fewer workforce. Workflow automations.
Market Analysis Ala Growing Industry Note for Ala : Please check what happened in the year of Some legal changes, new laws??
Ala Number of cigar aficionados have grown by 6% from 2003 to Tobacco industry is decreasing. Image of cigars is associated with Luxury Increased exposures through celebrities and status icons. Number of hits for keyword ‘Cigar’ : Yahoo- 400,000+ in March 06
Competitive Analysis Ala Around 10 main competitors with online stores Cuban Crafters – Three months avg. page views: 29 M – Since 2002 JR Cigars – Three months avg. page views: 6 M – Since 1997 Thompson Cigars – Three months avg. page views: 5.2 M – Since 1997
Implementation Plan BOB Buy a domain for the website. IT staff and infrastructure – System administration – Inventory management software – Expand supply chain Outsource web hosting – Network availability (99.999%) – Excess latency – Excess packet loss – Diagnose and remedy service issues – Response time ( max 1 hr) * Planning to implement the plan by Aug 2006
Financial Plan Ala