Loud Demo Mesfin Kalle Artem Rémy 23/09/2010 Business plan.

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Loud Demo Mesfin Kalle Artem Rémy 23/09/2010 Business plan

Summary 1.Mission and Strategy 2.Business environment 3.Execution 4.Risk Analysis 5.Key Asumptions and Financials 6.Marketing Plan

Our mission Costumer problem : Record companies use a lot of time : Band Have to wait lot of time before having answer Are not sure to be listened €€ Money €€  To go throw incoming sound samples from bands  Answering to phone calls/ s.

Strategic intent  We want to be the first company to sell it’s kind of tool in Finland.  We want to help new band to get to be known.  We want to record label save money but also create a value, so we can make money with our tool.

Product/Service concept By using our service, the sound samples/ s are received only from the bands, which fits the certain criteria Criteria are defined as "filters" in our service. Record labels can choose the filters from our service. Saving timeSaving money Who pays for what and why ? Record label The amount of phone calls/ s to record labels is also reduced. Making money Create value

Market Research Market size: Finland: – ca. 200 Record Labels - ca Artist/ Bands Europe: – ca Record Labels - ca Artist/Bands

Market Research Findings: No comparable competitors Survey: basic information of handling in record labels Interview: Gained information of medium size record label, specially about the filter

Market Research Significance: Seems to be that our service might not have much value for medium sized record label Medium sized record label companies receive only 1-2 demo/day Potential Market: -In Finland about 30 % of 200 RecordLabels -In Europe about 40 % of 8000 RecordLabels

Financial monthly fee: 50 € Estimated Profit after 4 years: € Need an Investor -> €

Promotion Promotion services using Social Medias Record Label company web sites Band web sites Concerts

Risks analyse RisksActions Market : Sales fail Technology : Users Overflow Competence : lack of technical skills and business Create better marketing Modify the application based on given feedback. Monitor application activity Ask help to professional / teacher Learn more about our need

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