Professional Documents
Culture Documents
TABLE OF CONTENTS...................................................................................................................................................1
COMPANY VISION.................................................................................................................................................................3
COMPANY MISSION...............................................................................................................................................................3
COMPANY TARGETS..............................................................................................................................................................3
INCOME TYPE..................................................................................................................................................................4
RETAIL DIVISION.........................................................................................................................................................13
E-COMMERCE DIVISION............................................................................................................................................14
CONCLUSION.................................................................................................................................................................17
1
Purpose Black Ethiopia
Purpose Black is a new initiative launched in May 2020 through collaborative
effort of more than 135 individuals. AS the name indicates the goal of
Purpose Black is to offer economic solutions to some of the major problems
of Black people all over the world.
2
Company Vision
Using technology as a tool to fulfil the company's vision. It aims to leverage tech to
drive economic growth and respect for black communities globally.
Company Targets
The main customer groups and target markets for Purpose Black Ethiopia include:
Investors
The Company is seeking investors to help raise capital through purchasing shares in
the company's offerings. Both local investors and the diaspora community are targets.
NGOs and Government Agencies
Purpose Black aims to partner with NGOs and government organizations as
customers for outputs like agricultural products and agro-processed goods.
4
Agribusinesses
Agricultural companies are potential customers for things like farming equipment,
seeds, technology, and other agricultural inputs.
Cooperatives
Farmer cooperatives could partner for agricultural production and purchase farming
supplies.
Retail Consumers
Individual consumers purchasing goods from Purpose Black's retail outlets and e-
commerce platforms are important customers.
Export Partners
Foreign importers and export partners will be key for Purpose Black's processed
export products.
Businesses Needing Supplies
Other companies could purchase supplies like packaging materials from Purpose
Black's operations.
Purpose Black Ethiopia has a diverse customer base spanning investors, businesses,
government entities, and individual consumers. The company aims to serve both B2B
and B2C markets across its initiatives.
5
Adaptability: Purpose Black Ethiopia demonstrates adaptability in adjusting their
plans based on feasibility studies and market research. For example, they shifted
focus to franchises when faced with challenges in starting businesses from scratch.
Familyism: The company emphasizes collaborative effort, working with a large team
of 135+ individuals to launch the initiative. This suggests a familial, team oriented
culture.
Customer-focused: One of their main goals is to sell products at fair prices and
stabilize markets for consumers. Their plans for expansion are centered around
meeting customer needs.
Promise keeping: The company aims to follow through on major commitments like
mobilizing 10 billion birr in capital and establishing large-scale operations. This
shows dedication to keeping promises.
Fairness: Purpose Black Ethiopia wants to promote fair prices for both farmers and
consumers. Their values emphasize equitable treatment for all stakeholders.
6
2) Inflation and Price Increases. - 8.6 percent. -increase in the consumer price
index (CPI). With inflation –driving up the cost of goods and service starting a
business this year is more expensive than in previous years
When it comes to inflation survey respondents said increased price
revenue loss and higher wages are the top three impacts.
3) LACK OF capital | cash flow Purpose Black Ethiopia (PBE) is the Cost
of starting. a new business, their Startup cost were between 10 billion –
20 billion
4) Supply Chain Issues - they don't watch their Inventory & Boost their
inventory issues.
5) Marketing and Advertising No matter what's going on in the market,
Potential customers need to know about you for your business is to be
successful. Looking ahead, a significant amount of small business owner
surveyed (28%) also -Plan to invest in traditional and digital marketing
this year.
7
3. Reduce Expenses. The Rising inflation can be challenging for many.
Small businesses and cutting expenses can be the most effective way to
help offset those challenges
4. Get Smarter funding. those Challenges Many entrepreneurs and Small
business owners think of loans and other funding methods when
considering they access to Capital and cash flow needs. But loons can
be hard to secure and strap your business with long term. Debt. The
percentage of loans approved by the Small Business.
5. Prioritize cash flow. Consistent cash flow is. especially crucial for small
businesses today, and improving especially crucial for small. it can be
achieved by encouraging clients to pay faster, offering early Payment
8
discounts. Or requesting front deposits for larger Predicts of service
These strategies can help PBE owners manage inflation and keep their
business owners manage inflation and keep their businesses running
monthly and give them an extra cushion in case of further Economic
fallout
6. Shop in Bulk and be flexible
Watch your inventory
Boost Your inventory
Find alternate Product
Be for the coming (Tell your loyal customers you are running into Supply
Chain issues so they know)
7. Define and outsource. Marking and advertising are how you get your
business name out and generate ideal customers for larger companies, an
entire team may work toward this goal
9
Expansion plans for things like retail outlets, e-commerce, and agro-processing
factories will take time to implement and generate returns.
Strategies for improving profitability like expanding the business, reassessing
costs, increasing conversion rates, and evaluating pricing. This implies profits
are not currently where they want them to be.
So in summary, while Purpose Black Ethiopia has significant growth plans and
revenue projections, the information provided suggests it is still in the pre-
profitability startup phase typical of new ventures establishing themselves. But the
company has strategies to eventually become profitable over the next few years.
12
Agro processing Division
APD accepted the target of reaching 50 factories by constructing a mega
project. In order to meet the target of Agro-processing division set by the
Purpose Black Ethiopia. The agro processing team first developed the
department Structure.
•Two Pilot projects such as integrated traditional food processing and banana
chips and aligned Products were given. A high Priority Based on that
business Plans, feasibility Studies –and Product design development were
conducted. The division's One Year Plan was to launch and processing factory
with a “Made in Ethiopia" Brand.
Retail division.
The division has been engaged in different tasks. Including selling product with
optimum price to customers with different platforms like Supermarket track etc...
The Following are the major activities Purpose Black has done:-
Minimized petty cash expense
centralized the purchase Process (goods used for Super markets)
Reshuffled the management staffs of all. Shops which brought tangible
result in sales volume
Provided training to all levels of Management
Worked to enhance 1 0gistics facility by working.
With work units
Planned sales target for the coming period.
Developed fryer for retail department.
E-commerce division
13
Below is the list of Maj of activities performed in the Past annual budget Year.
KeCebecio.com online sales Platform was developed
Fulfilment Of KeGebetew.com ecommerce.
Management and operation structure of Ecommerce was prepared
Call centers have been established In general, 34.654.392 birr volume of
products Were distributed by using the E-commerce Platform.
14
Consumers expect accessible channels, flexible purchasing options, engaging
customer service, Omni-channel convenience, and competitive yet high-quality
offerings. Meeting these service expectations would drive consumer satisfaction.
Accessible Platform to Purchase Shares - Consumers need an easy way to buy
shares in the company's offerings through banks, financial institutions, and
mobile payment platforms.
Retail Outlets - Consumers want retail stores/supermarkets that provide
convenient access to purchase products.
E-Commerce Platform - An e-commerce website and app would allow
consumers to purchase products online.
Delivery/Fulfillment Services - Home delivery and online order fulfillment
options are desirable for consumers.
Customer Support - Consumers expect services like customer service lines and
support for queries, complaints, returns, etc.
Payment Options - Consumers want to be able to pay using cash, cards, mobile
money, etc. for flexibility.
Loyalty Programs - Programs providing rewards, discounts and other benefits
would be valued.
Omni channel Experience - Giving consumers a seamless experience across
retail, e-commerce, mobile channels.
Product Variety - Offering a wide selection of products caters to consumer
needs.
Competitive Pricing - Consumers want affordable and reasonably priced goods
and services.
Quality Products - High-quality and safe products that provide value for money
Conclusion
16
To conclude our research. Purpose Black Ethiopia create to mobilize Stakeholders,
capital and other resources to build sustainable faunal Communities throughout
Ethiopia and support the various projects of Purpose Black.
Purpose Black Ethiopia is an ambitious new initiative aimed at economic
empowerment and advancement of the global black community. Launched in 2020,
the company has bold plans to mobilize billions in investment, establish large-scale
agriculture projects, launch agro-processing factories, build an e-commerce platform,
and open thousands of retail outlets.
While Purpose Black Ethiopia is still in the pre-profit startup phase, it has strong
growth potential as it scales up operations across sectors like agriculture,
manufacturing, and retail. The company aims to leverage partnerships and technology
to drive development. Its vision ultimately focuses on creating economic prosperity,
influence, and respect for black communities worldwide.
Over all, the findings of this study provide important insights in to the relationship
between the company and the consumer and highlight the need for further research in
this area.
17
Location- Sengatera Negadewoch Hibre+ BLOG, Addis Abeba
Website- wwws Purpose black EtH.com
E-mail info & Purnoseblack. ET
Phone +251 946 54 5454
Po. Box. 9858
18