BUSINESS STARTUP

PRODUCT NAME – MAGICAL MIC

Group Name Team members

Rockers Arsh khan
Abhishek yadav
 INTRODUCTION
Our Product “Magical Mic” is a
futrasitic product.
We aim to capture whole musical
instrument industry through this in
next 10 years.
In this product we will make a
software in which we will update the
sound card and auto echo equalizers
so that we will not need such a big
setup and we will be able to manage
quiz performance with quiz own
hands.
 PRODUCT FEATURES
• Auto echo equalizer software
• All scales of musics
• sound card
• More frequency than currently present mics.
• There will be a sensor who will reduce the chance of any disturbance during
performance. Basically it will be less sensitive of surrounding environment.
• It will automatically auto tune singer’s voice if they are having any trouble
during their performance.
 ADVANTAGES
• they will look cooler than traditional mics.
• We will try to provide it in affordable rates.
• they have a Greater Dynamic Range then currently available mics in market.
• They have a better frequency response than Dynamic mic .
• Whenever someone is performing they always need heavy set up. My product will reduce
the need of heavy set up like equalizer, big sound card.
• It will provide a ease to targeted customers.
• It is a futuristic product like mobile phone which has replaced multiple device. A person will
be able to do all required settings in one device .
 BUSINESS REQUIREMENTS
• First we will identify our targeted customers
• We will draft a product idea according to our target market.
• We will arrange our capital through debts & personal finance.
• We will hire some software engineers for developing our desired software.
• We will plan things for manufacturing our device in lowest cost possible without harming
our business so we & our customers both can be satisfied with our products.
 MARKETING STRATEGY
• We will introduce our products through E-commerce initially
than we will go for local markets.
• We will try to price our products in the range of between 8-10k
per piece initially.
• We will promote our business initially on social media
platforms using social influencers
THANK YOU