Site hosted by Angelfire.com: Build your free website today!
  Business Strategy

29-07-2005

Home
Project Title
Synopsis
Business Strategy
Financial Plan
Research
References
Key Issues
Learning Outcome
Development Team

 

Marketing Mix

a)     Product – The product we are talking about here is the portal. Features inside this portal will include the company’s background/information, checking of EZ-points, viewing the previous transactions and ride history, topping up of cards, purchasing e-Passes and EZ-link cards, and lastly, how people can contact us.

b)      Price – Commuters to provide a small sum of fees for every transaction made.

c)      Promotion – We will promote E-Top-Up on MRT Stations various 4-sheet panel and window panel network on MRT and LRT.

4-sheet panels of H 1,530 x W 1,010mm at Raffles Place and City Hall MRT will cost S$500 for 8 weeks.

While the advertisements on window panels of H 250 x W 1,500 on MRT and    H 296 x W 1,145 on LRT, will cost $4000 per week on 300 panels over 50 MRT and 19 panels over 19 LRT.

d)      Place – The place here will be the website that we had created.

 

Revenue Model

bullet

The revenue model which tells us about the streams of revenue, where the revenue will be earned, comes from the following:

bullet

 

bullet

a)      Small transaction fees of S$0.10 for every successful transaction made

bullet

 

bullet

b)      Administration fees of S$1.00 from people who purchases EZ-Link cards

bullet

 

bullet

c)      Selling of advertising space for S$14 per month

 

Unique Selling Proposition & Value Creation

bullet

The few things that make our project unique from others are:

bullet

 

bullet

a)      One-stop access to easy topping of EZ-Link cards for all commuters

bullet

 

bullet

b)      User-friendly and convenient

bullet

 

bullet

c)      Greater clarity to check on previous transactions and ride history

bullet

 

bullet

d)      Interchangeability of bank accounts

bullet

  

bullet

e)      Hassle-free

Home | Home | Project Title | Synopsis | Business Strategy | Financial Plan | Research | References | Key Issues | Learning Outcome | Development Team

This site was last updated 07/29/05