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Executive summary
Introduction
Description of business venture
Organizational plan
Industry analysis
Marketing plan
Finance plan
Operational plan
Executive Summary:
BuyAnyTime is focused on grocery retail business and organic waste management. It plans
to connect millions of household customers with producers. BuyAnyTime is virtual market
place available 24 X 7 facilitating easy buying daily grocery to the its customers and
resolving their biodegradable waste problem. BuyAnyTime aims to tap the growing Indian
consumer goods market.
BuyAnyTime plans to start with its presence in Hyderabad and then increase its regional
base to more cities in India.
This business plan talks about the company information in terms of Vision, Mission,
Objectives, and Values. This document describes the basic business model describing the
categories of business, details of the processes and salient features.
The operations describe the operations, logistics involved and the SCM in details. How we
optimize it to give best value to the customers. It also talks about the inventory
management and type of operations model we use.
The market analysis gives us the clear picture of the present situation and how we handle
the situation for our benefit. How we form a brand and spread the awareness customers.
The marketing also segregates the customer segment and how we reach them. It also talks
about the advertisement strategy.
The financials take care of the capital estimation, breakeven analysis, and profit estimation.
It also talks about the fund sourcing, fund distribution and growth strategies. The financials
also include the exit strategy.
We believe BuyAnyTime as a disruptive technology destined to remove the traditional way
of trading way of trading not only in India but also all over the world.
Introduction:
Company: BuyAnyTime Inc.
Groceries sell irrespective of state of economy. You can stop going to movie and restaurants
but theres no way to you can live without soap, toothpaste, vegetables and snacks. Caught
in the citys pace, tedious commuting and long working hours after that traffic jams on
roads, then again lack parking is also adding pain to consumer to buy their grocery.
Organised grocery retail is under penetrated and unprofitable due to high rents and utility
bills. As a result finding a good store, which carries all of what a customer wants are not
always possible. The local kirana (pop mom shop) is too small, carrying only 1,000 SKUs and
hence doesnt always meet the need of customers. As because of rapid urbanization
population in cities is increasing very rapidly. So consumers are facing many problems.
There are thousands of new vehicles are adding everyday that making situation worst.
According to McKinsey study India has 250millions people who are in middle class and they
are frequently visiting super market to buy their daily groceries articles. India has 210million
active internet users who frequently buy online. Due to access of internet consumers prefer
buying online instead of going to a supermarket. Now consumers want to save time to earn
more they dont want to spend hours in buying their weekly/monthly groceries. Consumers
want comfortable and easy shopping. The above said factors directly indicate that grocery at
doorstep have a great potential and growth of internet users and people income make it
more attractive. The company BuyAnyTime is a start company in the field of providing
product at doorsteps and at the same time demand for organic product is rising day by day.
Proper garbage disposal is also adding pain to consumers. In India, online shopping and
organic farming is becoming popular everyday consumers prefer buying online instead of
going o the market and they want to give their garbage to anyone and there is huge energy
deficiency. By providing easy shopping alternative and experience of real time shopping. The
product portfolio consist of buying product from producer, receiving order for daily grocery,
delivery within time bound and collecting garbage converting into organic manure and
extracting methane gas and using it as company working based on the method that those
consumer who find it difficult to buy product from market can find a better experience of
shopping at better prices and farmers will easily get technology to increase their soil fertility
further.
The company will be started in Hyderabad. Main target of our company will be higher
middle and middle class consumers and farmers who are facing problems due to lack of
infrastructure. BuyAnyTime identified such consumers as target and came up with the
strategies to tap this particular market and serve the needs for mutual benefits.
Company Information:
BuyAnyTime is focused on online as well as offline retail and biodegradable waste
management business. It plans to minimize producer-consumer gap and connecting them
directly. BuyAnyTime is available to serve customer 24 X 7. It is a virtual market facilitating
easy buying and selling of groceries and resolving biodegradable waste problem. It converts
biodegradable waste into organic manure and methane gas.
Vision:
Make daily grocery available all over India.
To become the largest seller of daily grocery and even usage of kitchen garbage
Mission:
The mission of BuyAnyTime is making shopping fun for customers by saving customers time
by delivering of daily grocery to the consumer doorstep within time bound at better prices
by minimizing producer and consumer gap and resolving biodegradable waste problem by
converting it into organic manure.
Objectives:
The main objectives of BuyAnyTime are:
To minimize the producer-consumer gap and providing household customer better prices .
Integrity
Leading change
Excellence
Quality
Business Plan:
BuyAnyTime is a common platform where consumers can buy their all household need at
one place. It provides greater convenience to the buyer. It also collect the biodegradable
waste from the houses at free of cost to solve the waste problems of buyers.
Producers Consumers
(Farmers)
OrgSup
Revolution
Waste producer
Goods
Company (Household, Society)
Decomposition of waste
and organic manure and
methane gas
The business process for BuyAnyTime is very simple. The process can be segregated into the
following:
1. Buying Process
Buying Process
Browse
Browsing is clicking through lists of titles called categories until one find something they are
interested in.
Select
Before one buys or place an order, they can know about the item and seller to make an
informed decision, pay attention to the:
Listing information
Product details
Shipping and payment details
Registration
To buy from BuyAnyTime is customer wish whether he want to register or want to continue
as guest. It's fast, easy and free. They can shop and place orders on BuyAnyTime. The
registration involves the following steps:
1. Contact Information
2. UserID & Password Creation
3. Email Confirmation
Payment
After the buyers have selected their products they are given a choice of selecting their
payment mode/method. They can select any of the following method
Cash on Delivery (COD)
ATM/Debit/Credit Card
Feedback
Feedback is made up of comments and ratings left by members who have bought from us.
Once you have received your item, it is time to leave feedback for the seller and the item,
letting future buyers know about your experience with the BuyAnyTime.
Type of information typically included in seller feedback:
Satisfaction with the item
Quality of communication
Quality of packaging
Promptness of shipping
Courteousness
Operation Model
Stock it yourself model
In this we are maintaining our integrated warehouses that are able to handle shipments to
customers, so by keeping the warehouses we are fulfilling the orders. Through this we have
full control over the fulfilment process. As we are starting a new business, so we have kept
one warehouse in limited area.
Warehouse to customer
This includes the cost of shipping the products from the warehouse to the customers. We
have warehouse in the area where the demand is high and if some item will not be available
in the warehouse then we will buy that item from the producers. If the time slot is in 1 day
or 2 day then we will ship the items directly from the producers using the cross docking
strategy.
Waste Management
Collection
In this process we will collect garbage from the households and societies e.g. hostel mess,
temples etc.
Transformation
After collecting all the waste we will convert it into the organic manure and methane gas.
Distribution
After converting into the goods we will distribute organic manure free of cost to farmers
and we will sell methane gas at reasonable prices to rural households which are using
conventional source of energy.
Market Research:
Situational Analysis
The traditional practice of buying grocery is characterized by:
1. Manual Process
2. Time Consuming
3. Does not give best value for money
4. Time constrained
5. Inconvenient
6. No Quality Assurance
BuyAnyTime home delivery services can be as much as 70% cheaper than compared to
current costs of customers visiting the store using their our car and spare time. Most of the
e-groceries are making home deliveries using a third party service provider, but we are
giving through our personal delivery van and executives.
1. Company
Product line: Module deliver daily household grocery and gather garbage and
into organic manure and methane gas
2. Collaborators:
Delivery boy
No intermediaries
3. Customer
4. Competitors
Their product: Grocery in supermarkets, grocery via local pop mom shops, grocery
through retailers etc.
SWOT for competitors
Strengths Weakness
Opportunity Threats
Segmentation: Quality and prices Demographic and Benefits, single-source solution for the
busy consumer today
Geographic: Initially in Hyderabad region. If our resources permit we will expand our
services outside the region.
Benefits: its mainly, with regard to companies, which will sort for certain benefits from
these training program provided to the trainees.
Thus we find quality and prices more suitable to justify the choices.
Target market: Middle class households and professional working class in urban and semi
urban areas.
Positioning:
We positioned our products as: Customized, Convenient, Variety and Value , oriented
(CCVV) products.
b. Marketing strategy:
As we in service industry, we have considered seven different aspect for our marketing
strategy as follows:
Product: Customized product package, better prices, flexible delivery timings and, cash on
delivery, quality, create and save list, set auto order and reminder
Price:
People: Member partners, 2 delivery boys, 1 office staffs to carry down day to day
operation, 1 waste collector, 1 IT expert.
Mobile Email
Advertisement Strategy
This section is very important as per our business and the race of competition. We have
planned the different ways to promote and advertise out site.
Advertising it in the known & popular social sites as facebook, twitter,instagram etc.
Indexing of our sites In different and popular Search Engines and product & offers
available in our website.
Using media planning i.e. newspaper, magzines.
Social messaging app as whatsapp, hike, line etc.
The following are the proposed advertisement strategies for BuyAnyTime.
Natural Search
This is achieved by registering ourselves in various search engines across like Google, MSN
Search, Mooter etc. They also optimize their page for improved page ranking.
Rich Media
Rich Media / Multimedia advertisements featured in various social networking sites.
All these leads to effective buyer marketing leading to continued growth
Financial Plan:
BuyAnyTime is not just a web start up. We have brick and mortar setup also. We have kept
the setup to be minimal so that we can realistically build on that later. The setup to be
spread in one city and then incrementing around strategic locations.
Capital Estimation:
Our initial setup would be renting official space rather than buying it on building this add to
our flexibility. We plan to have the following:
Fixed Assets
Fund Sourcing
We plan to go for bank loans, venture capitalists and individual contribution for risk
mitigation.
Individual Contribution
Rs 50,000
Venture Capitalists Contribution
Rs 4,50,000
Bank Loan
Rs 4,50,000
Break Even Analysis
Month Investment Revenue Profit
1 3,60,000 30,000 -3,30,000
2 2,00,000 36,000 -1,64,000
3 2,50,000 72,000 -1,78,000
4 2,80,000 70,000 -2,10,000
5 3,40,000 80,000 -2,20,000
6 3,80,000 1,90,000 -1,90,000
7 4,00,000 2,10,000 -1,90,000
8 4,20,000 2,40,000 -1,80,000
9 4,20,000 3,20,000 -1,00,000
10 4,20,000 5,04,000 84,000
11 4,40,000 6,40,000 2,00,000