AI Generated Business Plan

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GigMasters is an online platform that helps event planners, performers, and venue owners find and book entertainment for their events.

Product Type
The entertainment industry is not easily accessible for people who want to book performers for events, and for performers to find gigs.
Market Size & User Personas
The entertainment industry is worth approx. $280B and is expected to grow to $300B by 2024. User personas include event planners looking for performers, performers looking for gigs, and venue owners looking for performers.
GigMasters is an online platform that helps event planners, performers, and venue owners connect and book entertainment for their events.
MVP Features
A user-friendly website, a database of performers, payment processing, and customer support.
Implementation Details
Developing the platform and website, integrating payment processing, creating marketing content, and launching the platform.
Value Proposition
GigMasters provides a convenient and easy way to find, book and hire entertainment for events with no hidden fees or charges.
Pain Points to Solve
GigMasters solves the pain point of having to search through multiple different sources to find the right entertainment for an event.
Sales & Marketing Channels
GigMasters will utilize social media marketing, search engine optimization, and email marketing to reach its target audience.
Revenue Stream Sources
GigMasters will generate revenue through a subscription fee for event planners, commission fees for performers, and advertising fees for venue owners.
Cost Structures
GigMasters will incur costs for hosting and managing the platform, as well as for advertising and marketing.
Key Activities
Developing and maintaining the platform, creating marketing content, and customer support.
Key Resources
Software developers, designers, marketers, customer service personnel, and content creators.
Key Partners
Partnerships with event venues, production companies, and performers.
Competition Landscape
Similar platforms such as Fiverr, GigSalad, and GigsNearYou.
Competition Advantage
GigMasters provides a comprehensive and easy to use platform that connects event planners, performers, and venue owners.
Idea Validation Steps
Surveys, interviews, and focus groups to gauge interest and feedback from potential customers.
Potential Business Challenges
Competition from similar platforms and difficulty in finding the right talent.