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Published byAlice Adams Modified over 9 years ago
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GE 401-402: Innovative Product Design and Development TEAM 6 - F5 Music Entertainment Corporation Derya Ozdemir Fatih Konuk Cenk Atalan Levent Arisoy C. Armagan Alper Gencay K. Evirgen Erdem Aksu Cagri Berksu
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Outline Overview of business plan Product Definition Marketing Strategies Financial Indicators
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Business Plan Executive Summary Company Introduction Market Analysis –Market Summary –SWOT –PEST –Competitors –Products Offered –Other key issues
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Business Plan Financial Analysis –Expense Forecast –Sales Forecast –Break-even Analysis –Financial Statements –Cost Financing
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Product Definition Why is it there? Offers you to taste the music which you have already been feeling but never listening to
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Product Definition What is it like? A handy and portable device Like a CD-player or like an mp3 player
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Product Definition What does it do? Simply, Plays music for individuals
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Product Definition Why it is different? An intelligent agent to sense the context that you sense and accompany your psychological mood
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Product Definition So? Plays the unique music that your life and your reactions created
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Product Definition What to do with it? Keep playing the standard music files as you already do Remix your favorite songs with a sequence of music samples Let the INO compose your own music as a harmony of music samples
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Marketing Strategy Brand awareness Positioning Market Knowledge Advertising Campaigns Public Relations Employees Advertisement Campaigns Placement Market research Customer feedback Strategy Focus and Tools
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Financial Indicators Break-even Analysis variable cost: $87,4 fixed cost $29188500 Per unit revenue $350
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Financial Indicators Cash Flow Statement
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Conclusion - INO A product that can create unique music Marketing strategy to provide the best value to customers Profitable investment
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