Project Cost: RM150,000
Amount Invested : RM30,000
Amount Required : RM120,000
Knowledge / Experience Required:
Proposed Investor’s Role:
informatics / multimedia
Project Stage: early expansion
– Experience in creating automated business system
– Do things and handle obstacle mindfully
– Working toward “passive income” stream for more time to spend with family
– 21 years experience in sales & marketing
– Effectively handle, train & lead sales team
– Willing to walk the talk by canvasing door to door (on field) to show & train the new sales persons
– Lead by example
Product / Service Description:
An advertising platform that is effective to help merchants increase their business with a minimum subscription fees.
Group buying site is trendy and proven effective to guide customers to the merchants. However, it is too costly to long term advertise with this platform. Thus we work out a “no burden” plan for them to subscribe to us (phase 1).
The investment is a one time cost, what ever the numbers of subscribers will not increase the total cost so we just need to concentrate to increase the numbers of subscribers (it is numbers game like Astro – they invested on satellite and signed TV programs and just focus on subscribers, with a RM 10 dollars upgrade plans to 100,000 users will increase their monthly profit by RM 1,000,000). Phase 2 is all about rewards programs to increase the sales for the merchant and of cause increase the subscription fees.
Management Team: –
We start up with 3 partners in February 2014.
– 2 working partners & 1 sleeping partner
– Currently with a sales team of 5 persons, but 3 persons will be release this month due to working attitude and results.
– Now we will only hire peoples from other group buying site with experience & database. 2 of them will be joining by June.
After 3 months of preparing and develop the system, most of the obstacle have been identified, refined or solved. Basic structure is all ready, but there is still some obstacle need attending. Overall it is time to upgrade the website to a more proper and user friendly with more payment options and features. And it is also the best time to increase the sales force to get the merchants.
– Develop our own program for the new website that is ready for future expansion
– Increase on the advertising & promotion cost to guide more traffic to our site.
We offer equity and monthly profits. Details to be discuss.
Expected Return On Investment:
at lease 23-25% after 24 months. Base on numbers of subscribers and their recurring subscription fees.
Note: With a plan for full payback by 24 months.
Investment Risk and Mitigation:
The numbers of subscribers is to low to cover expenses. However, we have a offer that the merchants “can’t say no to”.
We work to pay back the full investment in 24 months.
Peter Hwa ( email@example.com)
Company Name: Ninety Nine Dot Com
Postal Address : D-2-36, 8 Avenue Business Center
Jalan Sungai Jernih 8/1,
State : Selangor
Post Code : 46050
Country : Malaysia
Telephone : 03-79600160
Website : www.99dotcom.my