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SMG Friend

India
Market: Internet and IT, Information and media, Services, Mobile applications
Stage of the project: Operating business

Date of last change: 04.10.2017
Min amount of loan
$ 15.000
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Total required
$ 30.000
Rating
equalizer 218 from 1000
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- is looking for investment

Idea

SMG FRIEND application is designed for sales & marketing field officer who collect orders from customers / dealers and verify physical stock. This application will make data handy in their preferred format and track their location as well.

Current Status

Application is completed and pilot test is done. We tested this app with SHRI MAA Marketing Agency and successfully run this in last one year .

Market

FMCG, Medical , Auto Mobile ,Any sales & marketing Sector

Problem or Opportunity

Need to add new Module witch is including Augmented Reality section for offer and Advertisements. Also we need to market our product on different media like television, radio , print media etc. We need to expand back-end servers and development team for new development and maintenance, For that we required investors

Competitors

There are no direct competitors now

Advantages or differentiators

There are no direct competitors now

Finance

Product Price is 1200 INR per user per year and expected client 500 user in first year. After Strong Marketing we expected minimum 2000 users per year and that will increase every year

Loan terms

60 months

Business model

We have 10 key points for our business

1. Royalties and Licensing
2. Subscription
3. In-app purchase for new module updates
4. Cost per view ads
5. Developer Services
6. On Call Support
7. Premium paid customer for add on modules
8. Offer and Coupons listing
10. RNRL for sales and executive team members

Solution (product or service)

SMG FRIEND application is designed for sales & marketing field officer who collect orders from customers / dealers and verify physical stock. This application will make data handy in their preferred format and track their location as well.App include Sales Team Journey Plan & Beat Optimization
Real-time Sales Reporting Sales Target vs. Achievement

Risks

We don't have much funding for make big advertisement for our product.

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Idea
Current Status
Market
Problem or Opportunity
Competitors
Advantages or differentiators
Finance
Financed earlier, $
Loan terms
Interest rate, %
Type of pledge
Pledge and assets
Business model
Solution (product or service)
Lead creditor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
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