group11 entrp
TRANSCRIPT
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Group No : 11
Anand Yati
Rajiv Tiwari
Saket Kajaria
Shubham Borkar
Shubhika Lal
Entrepreneurship Business Idea
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Promethean Ads
Our products:
Projection of advertisements on buildings, roads, malls,
etc.
Air banners flown with small battery operated air
planes.
Night lit air balloons.
Each of the above ads will be moving images projected
by tiny LED projectors.
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Projection of advertisements on buildings,
roads, malls, etc.
Tiny LED projectors will be installed on either side ofroads, sides of the buildings, billboards.
Minimum construction costs
Costs pertaining to buying or hiring of areas for
projection
Uncomplicated product design
Ease of installation and operation
Cheap and 24x7x365 projections
Low maintenance cost
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Air Banners Flown With Small Battery
Operated Air Planes
High visibility
Large coverage area
Multiple Ads Delivered together.
Instant Spreading of Message/Ad.
Moderate Operations cost
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Night Lit Air Balloons.
Night Time Visibility.
Vast Coverage Area.
Eye Catching.
Low Operational Cost.
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Our Customers & Industry
Medium & Large Sized Organizations.
Companies operating in metros.
Brand outlets in the vicinity(eg. Shops in Mall).
Government & NGOs ( eg. Polio, General AwarenessMessages etc.)
New Start-ups
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Advertising Industry.
The Indian advertising industry will grow by 17 percent in calendar year 2011 and is expected to add
about Rs 4,000 crore to the existing ad pie worth Rs
23,646 crore.
Our target companies will be offered an alternative,
eye catching mode of showcasing their products.
Ad developing agencies will not be our competitors
but allies as they can customise the ads to suit our
medium
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Risks
Government permissions
Reluctant building owners, mall owners
Safety issues with the planes and baloons
Maintenance issues Operational costs
Risk of immitation
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Team
Technical team to develop LED projectors, smallaircrafts, etc.
Maintenance team for repairing and replacing
faulty devices
Marketing team for pitching the new ideas to VCs
and Customers
Legal team to deal with permissions and rent
contracts Trained staff to operate aircrafts and balloons
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Execution Strategy
Quick capturing of Strategic locations in our operatingzones.
Initial Launch Targeted to New Delhi,Mumbai & Pune
and then rapid expansion to Other metros i.e
Hyderabad, Kolkata & Chennai. Small teams for operations and maintenance needed.
Govt. Clearance to use airspace, buildings and other
Civic Assets.
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Porters 5 Forces
Bargaining Power of Suppliers : Negotiation withowners of buildings, malls, government for using theirwalls, floors etc for projection.
Bargaining power of Buyers: Huge market foradvertising and unique product leaves less bargainingpower with the customers
Substitute products: Stagnant billboards are weaksubstitutes
Competition: New product, hence no competition
Threat of New Entrants: To counter this threat we willneed to capture all the major locations and expandrapidly
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Thank You