Professional Documents
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Competitor:
• An Online Website: https://www.airbnb.co.in
Product/Service:
• Airbnb is a vacation rental e-commerce website.
• In this website host sign up on the platform and list their spaces.
• Travellers are browse the website and book spaces.
• Travellers can search through adding check in and check out
details.
• Verify the id of host and host can verify id of guest.
How our product is better than them
Technical feasibility
Technically it is feasible to make in reality, because there are many
platforms which are providing this type of facility.
Financial feasibility
Verification of house owner will be free of cost because it will be checked
through online mode.
Operational Feasibility
The system will easily operational, as it doesn’t affect the existing
organizational structure and support the current system. So the system will
be operationally feasible.
Market Research
Survey of Service Providers(House Owners):
Click to add text
Survey of Service Consumer:
Business Model
By Admin side:
• Software cost (approx.): 3 lakh
• Advertisement cost(approx.): 1 lakh
• Other expenses(approx.): 20k
• Profit per room(approx.) = Rs. 100
By Service provider:
Income(approx.): 800/room
Comission(12%): -96
Expenses: -200
Total profit = 504
Our Customers:
• Service Consumers
• Service Providers
The potential market size:
India's real estate sector is expected to touch a market size of USD 1 trillion
by 2030 and start contributing 13% of the Gross Domestic Product (GDP) by
2025.
Target market size:
Our target market size in next 3 to 4 years is approximately 2 Million to 4
Million Rupees.
Funding Requirement
Distribution channel:
Distribution channels are how you get your product to the customer. We
have a digital product or service, then we might distribute and sell our
product on our website.
Key resources:
1) Financial resources:
• Office – rent, furniture, office equipment
• Web – website hosting, email hosting and other essential software and tools.
• Employees – salaries
• Expenses – travel, meetings
• Marketing
• Distribution
2) Physical resources:
• Technical equipment
• Building
3) Intellectual Resources:
These are intangible resources like Intellectual Property (IP), brand, patents,
copyrights and partnerships.
4) Human Resources:
Employees are the most valuable key resources of most companies. Not only do
employees help run the business, but they also help develop the business through
innovating and hold the skills and knowledge.
General Information