Professional Documents
Culture Documents
Entrepreneurship Mile Stone 2
Entrepreneurship Mile Stone 2
Pitch Deck
Milestone 2
Who we are
Name of your Venture: HUSTLE SQUAD
Why ?
Explain why do you want to pursue this Business Idea.
Growing demand for smart and efficient irrigation systems in the agriculture sector.
To limit the usage of water and save it and store it for future.
What ?
Provide a brief on what does your venture do.
Smart Irrigation : Our venture optimizes water usage in agriculture. The system uses advanced technology to provide the right amount
of water to crops at right time, reducing wastage and improving efficiency.
Sustainability : By limiting water usage, our ventures contributes to sustainability efforts. We help farmers to promote environmentally
friendly farming practices.
Supporting Farmers : Our venture supports farmers by helping them increase crop yield with less water. We provide a solution that
saves resources but also increases profitability for farmers.
How ?
Explain how your venture solves the problem and make its revenue.
Effective Irrigation : Our venture develops and implements a smart irrigation system that optimizes water usage in
agriculture, thereby addressing the issue of water scarcity.
Revenue Generation : We sell these smart irrigation systems to farmers and agricultural businesses, generating
revenue from product sales and associated services.
Problem/Opportunity Place your
logo here
Overwatering and Underwatering: This happens when crops Lack of Precision: Traditional irrigation methods Manual Monitoring: Farmers often try to
receive either more or less water than they need, leading to often do not take into account the specific water manually monitor the moisture levels of the soil
wastage of water or poor crop growth. needs of different crops, leading to overwatering or and adjust their watering schedules accordingly.
Inappropriate Timing and Lack of Rainfall: Watering crops at underwatering. This is time-consuming and not always accurate.
the wrong time can lead to high evaporation rates, and in Climate Variability: Changes in weather patterns and Traditional Irrigation Systems: Some farmers use
regions with irregular or insufficient rainfall, relying on natural rainfall due to climate change can lead to water traditional irrigation systems like drip irrigation or
sources for irrigation can lead to water scarcity issues. scarcity, making it difficult for farmers to rely on sprinklers. While these can be more efficient than
natural sources for irrigation. watering by hand, they still do not provide the
8of10 level of precision that a smart irrigation system can
offer.
1. TAM
SAM Define the target market: Homeowners with lawns or gardens in India.
Estimate the number of potential customers: 900 million households
Estimate the average purchase value per customer: ₹50,000
SOM
Calculate TAM: TAM = Number of potential customers x Average purchase value
per customer = 900 million households * ₹50,000 = ₹45 trillion.
2. SAM.
Estimate the percentage of the TAM that is accessible to your company: Let's say
that you estimate that your company can access 10% of the TAM in India.
Calculate SAM: SAM = TAM x Percentage of TAM accessible to your company =
•TAM: ₹45 trillion ₹45 trillion * 10% = ₹4.5 trillion
•SAM: ₹4.5 trillion 3. SOM
•SOM: ₹0.9 trillion Estimate the percentage of the SAM that you realistically expect to capture: Let's
say that you estimate that your company can capture 20% of the SAM in India.
Calculate SOM: SOM = SAM x Percentage of SAM expected to capture = ₹4.5
trillion * 20% = ₹0.9 trillion
Customer Persona
HARD WORKING HONESTY
Motivations
Goals
to provide the right amount of water to crops at right time,
Photo reducing wastage and improving efficiency.
Frustrations
Lack of technology in remote villages.
Ethos
Lack of knowledge about the new techniques in remote
villages.
Name : Anjaneyulu
Age : 70
Occupation : Farmer
Location : Martur
Bio
Personality
Anjaneyulu is a farmer in Martur. He has a great knowledge of
agriculture so he has the ability to make decisions about the
development in agriculture sector. He also able to address the
key issues they facing in cultivating a land. He needs proper
technology to increase the yield in the farm with sufficient
usage of water.
Value Proposition Canvas
.
Save them time and money: Smart irrigation systems can automate the
watering process, saving customers both time and money on their I would LOVE it if:
water bill. Make their lives easier. Smart irrigation systems can be •Increased customer satisfaction: By offering a smart irrigation system that is
controlled remotely from a smartphone or tablet, so customers can easy to use, saves customers time and money, and helps them to save
water their lawns and gardens even when they're not home. You can water, you can increase customer satisfaction and loyalty.
offer your customers a free consultation to help them choose the right •Reduced environmental impact: By helping customers to save water and
smart irrigation system for their needs and budget. conserve water resources, your smart irrigation project can have a positive
impact on the environment.
Automated watering: Smart irrigation systems can automate the I would HATE it if:
watering process, saving customers time and effort, and ensuring The two major pains of your smart irrigation project are:
that their plants are always getting the right amount of water * Complexity: Smart irrigation systems can be complex to
Remote control: Smart irrigation systems can be controlled install and configure. This can be a barrier to adoption for
remotely, so customers can water their lawns and gardens even some customers, especially those who are not tech-savvy.
when they're not home. This is especially beneficial for customers * Cost: Smart irrigation systems can be expensive to
who travel frequently or have busy schedules. purchase and install. This can also be a barrier to adoption
for some customers.
Solution
Smart irrigation controller with Smart irrigation controller with Smart irrigation controller with Smart irrigation controller with Smart irrigation system with
WiFi connectivity, weather weather adjustment, soil flexible scheduling, water water flow monitoring, sensor integrated sensors, weather
Product
intelligence, and mobile app moisture sensors, and multiple usage tracking, and multiple compatibility, and voice data integration, and remote
control scheduling options zone control assistant integration control
Price in Rupees ₹60,000 - ₹75,000 ₹52,000 - ₹78,000 ₹45,000 - ₹80,000 ₹58,000 - ₹95,000 ₹30,000 - ₹60,000
Online marketing, social media, Direct sales through website Online marketing, social media,
Online marketing, trade shows, Online marketing, content
partnerships with landscaping and retail outlets, community involvement,
Branding Channels partnerships with smart home marketing, influencer
companies and home collaborations with agriculture partnerships with
companies marketing
improvement stores organizations environmental organizations
Eco-friendly packaging with Premium packaging with high- Sustainable packaging with Eye-catching packaging with
Standard packaging with
recycled materials, clear quality materials, strong recycled materials, minimalistic innovative design, clear
Packaging minimal branding, focus on
product information, and easy- branding, and user-friendly design, and emphasis on product differentiation, and
product functionality
to-follow instructions instructions product benefits emphasis on sustainability
Early reviews indicate positive
Mixed reviews from customers, Generally favorable reviews
Positive reviews from Positive reviews from reception, with customers
with some praising the from customers, emphasizing
customers, highlighting ease of customers, highlighting water appreciating the system's
Market Reviews system's features and others the system's effectiveness,
use, water savings, and savings, flexible scheduling, advanced technology, eco-
expressing concerns about customization options, and
improved plant health and voice assistant integration friendly features, and ease of
reliability user-friendly interface
installation
Customized irrigation
Water conservation and plant Efficient water utilization and Water flow monitoring, sensor Integrated sensors, weather
Unique Value Proposition schedules, real-time
health optimization through simplified irrigation compatibility, and voice data integration, and remote
(UVP) monitoring, and voice assistant
intelligent irrigation management assistant integration control
integration
MVP
Website link : https://10web-site.ai/80/needed-mackerel/#
Customer Installation and Setup
1.Hardware Installation: The user installs the soil moisture sensors in the soil around the plants, ensuring proper connection to the system.
2.Weather Data Connection: The system is connected to a Wi-Fi network to access real-time weather data from the internet.
3.Sprinkler Placement: Water sprinklers are positioned strategically to provide even coverage to the designated irrigation zones.
4.Mobile App Setup: The user downloads the mobile app and creates an account to connect to the irrigation system.
Irrigation Management
1.Zone Creation: The user creates irrigation zones in the mobile app, defining the areas to be watered.
2.Schedule Customization: The user customizes irrigation schedules for each zone, specifying the frequency, duration, and time of watering.
3.Weather-Based Adjustments: The system automatically adjusts irrigation schedules based on real-time weather data to avoid overwatering or underwatering.
4.Remote Control: The user can remotely start, stop, or modify irrigation schedules using the mobile app.
5.Real-Time Monitoring: The mobile app provides real-time updates on irrigation status, water usage, and plant health metrics.
Benefits
1.Water Conservation: The system optimizes water usage by adjusting irrigation schedules based on real-time data, reducing water wastage and environmental
impact.
2.Improved Plant Health: Precise water delivery ensures that plants receive the optimal amount of moisture, promoting healthy growth and reducing stress.
3.Simplified Management: Automated irrigation schedules and remote control eliminate the need for manual watering and provide convenient management from
anywhere.
Target Customers
1.Homeowners: Individuals seeking to save water, improve plant health, and simplify irrigation management for their lawns and gardens.
2.Landscaping Professionals: Businesses that manage landscapes for clients and require efficient irrigation solutions to maintain healthy and attractive
landscaping.
3.Farmers and Agricultural Companies: Agricultural operations seeking to optimize water usage, enhance crop yields, and reduce labor costs associated with
manual irrigation.
MVP Validation
Test Details Conclusion:
Goal: Collect feedback from early adopters to validate the product concept and identify areas
for improvement. Positive Market Response: The MVP test demonstrated a strong
Approach: Give the product to a small group of early adopters and ask them to use it for a market response, with a significant number of customers purchasing
specified period. the product and a willingness to pay the expected price.
Feedback Collection: Conduct surveys, interviews, or focus groups to gather feedback from
early adopters. Continued Development and Refinement: Perseverance allows for
Testing Duration ongoing product improvement based on customer feedback and
Typical Duration: 2-4 weeks market insights, enhancing the product's user experience, feature set,
Purpose: Sufficient time to observe user interactions and identify major issues
Target Audience and competitive edge.
Characteristics: Tech-savvy, willing to provide feedback, forgiving of minor issues
Examples: Early adopters, tech enthusiasts, gadget reviewers
Reaching the Target Audience
Online Communities: Engage in relevant online communities where early adopters gather.
Social Media Marketing: Utilize social media platforms to promote the MVP and encourage
participation.
Customer Purchase: A significant number of customers purchased the smart irrigation Realizations/Insights :
system, indicating a viable market for the product.
Pricing Perception: Customers were willing to pay the expected price for the smart irrigation MVP testing is a valuable tool for validating product concepts and
system, suggesting that it offers perceived value and addresses their needs. gathering early customer feedback. By conducting an MVP test, the
Did enough customers buy the product? This is a critical metric that will tell you whether or company was able to gain valuable insights into customer needs,
not there is a market for your product. If not, you may need to rethink your product strategy.
Did customers pay the expected price? This will give you an indication of the perceived value preferences, and willingness to pay.
of your product. If customers are not willing to pay the expected price, you may need to The smart irrigation system has a strong market potential, as
adjust your pricing strategy. evidenced by the positive results of the MVP test. Customers were
Did customers come back to your product or show interest in doing so? This will tell you
whether or not your product is sticky and whether or not customers are likely to become willing to purchase the product at the expected price, indicating that it
repeat customers. If customers are not interested in coming back, you may need to improve addresses a genuine need and offers perceived value.
the product or add new features.
Sales Plan TARGET MARKET:
Early adopters and tech-savvy consumers
Budget-conscious consumers and fleet operators
Customer Sales Funnel
LEADS:
Partner with tech companies and organizations to
reach these consumers.
Run targeted ads on social media and other online
platforms
OPPORTUNITIES/PROSPECTS:
Government support
Dealership with all other tech brands
Customer: customer
Wants tech products
That are affordable,
Practical and
Ecofriendly.
Team Composition