PriceCheck.com

Need for compare prices No other website offers the same service

How we fulfill the need Creating a price checking service Compare prices from online and walk-in stores

Mission and Social Impact Screenshot of our homepage

“Our mission is to provide customers with a website to find the best prices by using the most efficient and convenient options.” Supporting by always giving the lowest price No charge for customers Easy to use Support of smaller companies

Gathers prices from different companies Display them all on one website Search for your product Free to use for consumers Profit through promoting companies Companies will be listed more prominently

Business Model Description of Expenses Variable Material Expenses Total: $2.6 Labor$2.5/unit Maintenance$0.10/unit Fixed ExpensesTotal: $4,192 Insurance$250 Salary$1,800 Advertising$1,000 Interest$167 Depreciation$125 Utilities$200 Rent$400 Other fixed expenses $250 Economics of One Unit Selling Price$3.5 Cost of var. materials exp. $0.10 Cost of labor 2.5 Other variable costs 0 Total COGS/ COSS$2.6 Contribution Margin $0.90 Definition of One Unit One unit is a single product from a company displayed on our website. Monthly Break Even Units $4,192 = 4, ≈4,658 units $0.90

Market Analysis Description of Target Consumer DemographicsGeographics People of both gender from the age of 18 to 55. People who can use technology. Our target market will in the begin be locally, but quickly we will go all over the states since everything on our website can be purchased in America. PsychographicsBuying Patterns People who wants to save money and are willing to put in a little effort to save money, instead of just going into a store and buying the first product you see. Our target group is very large so it’s hard to say what the average consumer’s buying patterns are. It’s people who wants to save money, on both more expensive and cheaper products. Total Population Target Market Population 315 million Market Size (based on survey) Target Market Size Market Statistics Industry Name: Web based industry Annual Industry Sales: $226 billion 160 million 130 million

Marketing and Sales YouTube Facebook twitter RadioShack best buy

Competition Our BusinessPriceGrabberAmazon Design consumer friendly design Difficult to figure out A lot of advertisements Categories Narrowed downBig varietyFew categories, covers a lot Target area Santa Barbara County U.S.Worldwide Your Competitive Advantages 1.Easy access to find products and prices 2.Only in area nearby the customer 3.Easy way to get to the website that sells the item

Qualifications studying on Niels Brock international business college experience of using social networks knowledge about different kind of websites

Sales Projections Total Units $98,000 Gross Revenue $98,000 Net Profit $3,651.6

Start-up Funds

Future Plans Deals Expand our business worldwide Get a bigger target market

Thanks for your concideration and time!