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In today’s busy world everyone wants to do the things with one click on
the internet. They are so busy in their life schedules that they order food
online, shop online, grocery online even they order taxi online. So in
this busy world we thought why not bring a website where we can list
all the Event Venues located in all part of the city and allow those
people to search and compare the venues on the basis of their pricing,
decoration services and accommodation.
The website and application is designed in a way that people can
precise their search result by applying filters according to their
requirement such as some people make location as their first priority,
some are more concerned about the pricing , some people may look for
the capacity of the venue , while other may prefer customization
BUSINESS STRATEGY
The main source of earing for the company is Banquet and what we
going to charge them basically its networking business the more
general public we attract towards our website and application the
more banquet owners we will manage to registered
The business strategy is to give 3 months free trail to all the vendors
so they can registered easily without any hesitation and we will charge
them from onwards as monthly subscription fee of “Five Thousand
rupees” (5,000rs.)
The other source where business is going to make profit is form online
advertisements once the website and application is well established
and has good audience we will become a medium of advertisement or
promotion.
TARGET MARKET
Geographical Segmentation:
Karachi
Potential Customers:
Karachi’s population 16 Million
16000000 * 27.93% (age from 20 to 40)
4468800 * 58% (literacy rate)
2591904 * 21% (internet users)
544300 * 48% (marriage rate)
“216264”
MARKETING METHOD
Total of monthly recurring expenses for a year equals PKR
1,992,000.
Startup cost for the business i.e fixed cost required to start the
business is PKR 1,000,000.
Net profit ratios for three years are 47% , 51% , 54%
respectively.