AI Generated Business Plan

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Smart Shopper

Smart Shopper is the best way to find the best deals on products you need.

Product Type
High prices of goods in local stores are not affordable to most consumers in developing countries.
Market Size & User Personas
Middle-income consumers in China, India, Brazil and Mexico.
A mobile app that collects product prices from local stores and compares them to online shops in order to find the best deal for the user.
MVP Features
Ability to scan barcodes at local stores, price comparison feature, social sharing options, gamification elements within the app.
Implementation Details
The app will be built on a scalable architecture and use a secure payment system.
Value Proposition
Saving money by comparing prices and finding the best deals.
Pain Points to Solve
High prices, limited availability of goods and uncertain quality of goods.
Sales & Marketing Channels
Direct mail, email marketing, social media campaigns, in-store promotions, meetups and word of mouth.
Revenue Stream Sources
Subscription fees, advertising, and commissions.
Cost Structures
Development costs, hosting costs, marketing costs, personnel cost, and support costs.
Key Activities
Product development, marketing and promotion, customer service.
Key Resources
Software engineers, product managers, designer, marketers, customer support staff, legal advisors.
Key Partners
Online retailers, manufacturers, distributors, and local stores.
Competition Landscape
Competition in the retail market is fierce, but the app stands out because of its unique features.
Competition Advantage
The app offers the most user-friendly experience and the most price comparisons in the industry.
Idea Validation Steps
Market research, customer interviews, development of prototypes, user testing, pricing strategy, marketing campaigns.
Potential Business Challenges
Competition, disruptive technologies, and lack of consumer trust in the new platform.