Steve Thai

Customized Code POS Systems

A$0
of $500,000 targetyrs ago
Closed on 25th Jun 2011 at 1:00AM.

 

OUR PRODUCTS & SERVICES

Our software is graphically beautiful, user-friendly, and suitable for all users. We have an advantage over most others because we are one of the very rare companies that offer CUSTOM CODING to fit your business needs, whereas most other competitors offer something that once their clients have bought the system, they will be stuck with what they have.

Products:   

  • POS Systems for Restaurant
  • POS Systems for Nail
  • POS Systems for Hair
  • POS Systems for Groceries/Supermarket/Retails
  • POS Systems for Department Stores/Gift Shops, etc.
  • POS Systems for Water Stores

 

Support:

  • Website Support via Ticket System and Live Chat
  • Support Hot-Line
  • Knowledge Base

 

OUR PRODUCT’S STRENGTHS 

  • Touch-Screen Technology
  • Very User-Friendly Interface
  • Networking Capabilities
  • Unlike Many Others –Our Softwares Can Be Fully Customized
  • Manage The Entire Business Operation
  • Inventory Control
  • Instant Remote Login Support

 

OUR MARKETING ADVANTAGES 

  • We have products for almost all retail businesses
  • Define business strength and profession
  • We can fully customize our software to meet customer’s needs
  • Remarkable support through trouble ticket system, live chat and remote logins.

 

OUR 3 YEARS GOAL 

  • Year One

o   $250 Millions

  • Year Two

o   $300 Millions 

  • Year Three

o   $325 Millions

  • TOTAL REVENUE

o   $875 Millions 

 

 PRODUCT’S PRICING & SUPPORT PLAN 

  • $3,500 -$5,000 per system

 

Manufacturer’s Warranty 

  • 1 year parts
  • 90 days labor

 

Extended Warranty + Software Support + Software Updates 

  • $1000 for 1 year
  • $1500 for 2 years
  • $2000 for 3 years

 

Extended Warranty + Software Support + Software Updates

  • $1000 for 1 year
  • $1500 for 2 years
  • $2000 for 3 years

 

MARKETING STRATEGY

 1ST YEAR GOAL

 EACH STATE will have a Master Dealer

  • Each master dealer sells 8 system each month:
    • 8 * $4,000 = $32,000/month (per each master dealer)
  • There are 10 master dealers per each state:
    • 10 * $32,000 = $320,000/month (per each state)
  • There are 12 months per year
    • $320,000 * 12 = 3,840,000
  • There are 50 states in the U.S.
    • $3,840,000 * 50 = 192 Millions
  • Warranty + Support + Update
    • (62,500 system) * ($1,000) = 62.5 Millions

  192 Millions + 62.5 Millions = $254.5 Millions

2Nd YEAR GOAL

 10% INCREASE IN REVENUE

  • Revenue
    • $192 Millions + 10% = 211.2 Millions
  • Warranty + Support + Update
    • $62.5 Million + 10% = $68.75 Millions
  • 25% (Warranty + Support + Update) Renewal from last year
    • $62.5 * 25% = $15.525 Millions
  • Total Revenue
    • $211.2+ $68.75 + $15.625 = $295.5 Millions

 

3rd YEAR GOAL

 10% INCREASE IN REVENUE

  • Revenue
    • $211.2 Millions + 10% = $232.3 Millions
  • Warranty + Support + Update
    • $68.7 Millions + 10% = $75.6 Millions
  • 25% (Warranty + Support + Update) Renewal from last year
    • $75.625 * 25% = $18.9 Millions
  • Total Revenue
    • $232.3+ $75.6 + $18.9 = $326.8 Millions

 

TOTAL REVENUE FOR 3 YEAR GOAL

  • Total Revenue
    • $254.5 Millions + $295.5 Millions + $326.8 Millions

  $876.8 Millions

 

EXPENSES

  • 20% Sales Commission =$50 Millions
  • System Hardwares = $75 Millions
  • Sales Tax = $20.6 Millions
  • Training =$1 Million
  • Advertising =$1 Million
  • Travel =$2 Millions
  • Payroll = $2 Million

 

TOTAL ANNUAL EXPENSE = $151 MILLIONS

SPECIAL NOTES ON EXPENSES

  • System Hardware = $75 Millions is based on unit price of $1,200 per system. This could be up to3 times less if we buy our hardware directly from third world country such as: Taiwan or China
  • All others were based on a very generous amount of expense
  • Payroll can be much less than 1 million a year since we already pay 20% commission to our distributors.

 

ESTIMATED MINIMUM ANNUAL NET INCOME FOR 1ST YEAR

Revenue –Expenses = $254 Millions -$151 Millions =

$103 Millions

 

PLAN’S CALCULATION SUMMARY

If our goal is $250 Million/Year, and our average price per system is $4,000, then:

  • $250 Millions/$4,000 = 62,500 systems(that we have to sell per year)
  • 62,500 systems/50 States = 1,250 systems (that needs to be sold in each state, each year)
  • 1,250 systems/12 months = 104 systems(104 systems need to be sold in each state, each month)
  • If we have 10 distributors in each state, each distributor would only have to sell approximately 10 systems per month to bring $250 Millions revenue per year.

 

F.A.Q.

  • IF WE WANT TO BUY OUT YOUR MARKETING PLAN AND PRODUCTS INSTEAD OF INVESTING, HOW MUCH WOULD YOUR COMPANY WANT TO SELL IT FOR?

We will sell this whole plan and all of our products ownership for $5 Millions

 

  • DO WE, AS INVESTORS, HAVE TO BE TECHNICAL?

No. As a matter of fact, you will be more successful if you are a good business man with good marketing concepts and funds. BBT will be supporting you with all your technical needs.

 

  • IS IT REALLY POSSIBLE TO GENERATE $250 MILLIONS PER YEAR?

Most definitely! As you have already seen, it only take each distributor to sell 8-10 systems per month to achieve that goal.

 

  • IS IT REALISTIC AND POSSIBLE TO SELL 8-10 SYSTEMS PER MONTH?

Most Definitely! This marketing plan is only based on 1 product, for example restaurant. A normal size restaurant would normally need from 2-4 systems. So you can see that it would only take 2-4 clients per month and you will achieve that goal. It will be much more easy to sell 8-10 systems per month when you even have much more other products to sell , such as: Nails/Hair/Spas/Department Stores/Water Stores/All Retail Stores. Your market is very wide open and not limited to only 1 field of business.

 

  • IS IT REALISTIC AND POSSIBLE TO FIND 10 DISTRIBUTORS OR SALES PEOPLE PER STATE?

Most definitely! There are many ways to do this. You can even save a lot of money and still be able to find them. For example: We can contact the local Government’s Work Source and ask for their help to find us the right people that we need. This service is free and quick since Work Source is responsible to find employment for the unemployed and their database is the most accurate and up to date database of people who need a job. It also categorizes their skills to save us time.

 

  • YOU MENTIONED THAT IT WOULD COST APPROXIMATELY $1,200 PER SYSTEM HARDWARE, CAN WE DO SOMETHING TO LOWER THIS COST?

Yes. That cost was based on our current cost from a hardware vendor in the U.S. We can save as much as 3 times lower by buying straight from the manufacturers such as Taiwan and China. There are over 373 manufacturers from china, 74 manufacturers from Taiwan, 48 manufacturers from Hong Kong, 46 manufacturers from Korea etc.

 

  • HOW ARE YOUR SOFTWARES COMPARED TO THE OTHER COMPETITORS?

Our software is more graphically beautiful, very user- friendly, suitable for all users. We have an advantage over most others because we are one of the very rare companies that offer CUSTOM CODING to fit their business needs, whereas most other competitors offer something that once their clients have bought the system, they will be stuck with what they have.

 

  • HOW ARE YOUR PRICING COMPARING THE OTHERS?

  Prices range from $1,999 to over $6,000 per system based on brands, popularity and professional level of the software vendors. Most of them, however, do not  offer custom coding like we do.

 

  • IS IT EASY TO FIND POTENTIAL CUSTOMERS?

Yes. Just Harris County (Houston) itself, we were able to retrieve a new list of over 900 new DBA(s) registered everyday. Out of these 900 new businesses, there are at least 50 to over 100 businesses that are our potential clients such as: Nail shops, Hair Salons, Restaurants, Sport bars, Groceries stores, and all other types of retail stores. So as you could see, we are only talking about 1 country alone, even if we have only a 2% chance of winning a sale, we can still close 1 customer per day. That is a total of possibly much over 30 systems per day since each customer could purchase more than 1 system for their businesses. If you think about how many counties we have per city, how many cities we have per state, and multiply those numbers, then you will see that even with a 1% chance of winning, we can still possibly sell thousands of systems per month if we implement our marketing strategies right.

 

 

Share this project with as many people as you can! We look forward to seeing you as a future client; link this project to all your favorite social networking outlets, blogs and websites. Thank you in advance!

 

Additional Information can be found at:  www.betterbusinesstech.com

Any contribution of $100 receives: Significant discounts!

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Est. delivery is Jun 26