Creating an integrated and cutting-edge eCommerce system that enables users to browse, order, and make purchases remotely from their home while sitting on their couch.
We bring together all electronic and nonelectronic stores under our control through professionalism and credibility in dealing with the customer, to fully meet their needs for everything necessary for them and their home.
Current Status
Creating an integrated and cutting-edge eCommerce system that enables users to browse, order, and make purchases remotely from their home while sitting on their couch.
So we programmed an official website for an electronic application called
W STORE
Through it, you can easily order all products, electronics, services, and all life supplies from your smartphone or through your home computer with all speed and security by ensuring high specifications, quality, and fast delivery.
Market
Marketing plans will be adopted professionally and achieve the main goal, which is to target the market and make the demand for buying from our application very high.
1
- Funded Advertising: The funded advertising within the social media platforms in the first year will be worked on significantly until the target of the market is reached and cover all the local market and deliver our products to all customers in the market to achieve the greatest return from revenues and social media sites get 10 US dollars or 35% of the value of profits as a result of financing for the product at the beginning after that this percentage decreases and the cost becomes lower.
2
- Social Media Influencers: Using the method of publishing about the face on social media platforms by several influencers in the world of social media who advertise our application professionally and with great credibility and the content of all social media influencers is studied and the best selection among them which forgets us to achieve the best results.
3
- Application Notifications: We always strive to be very close to our customers by always sending notifications to the subscribers of the application to announce campaigns and offers because we seek to provide the best service to customers.
4
- Lambs and Offers: We have always made future plans for campaigns and offers and made the proof of purchase significantly and what always distinguishes us is the various campaigns throughout the year.
5
- Black Friday: Black Friday, in which work is done to grant very high discounts on products within the application after a long-term, detailed, and calculated study in professional ways to come up with major results in one day and equip the full crews who are fully prepared to do the work optimally.
Problem or Opportunity
As is known in our modern world, where most of the commercial operations are established through the world of the Internet, and this led to the tendency of trade to this electronic world, but the idea of our project came to be comprehensive of all these stores and provide all the services they provide in a higher, larger and more professional way where we have a professional staff in the field of design and marketing and make the strikings is eye-catching and stimulating to deal with our high-level application.
We bring together all electronic and nonelectronic stores under our control through professionalism and credibility in dealing with the customer, to fully meet their needs for everything necessary for them and their home.
Solution (product or service)
It is a first application provides the user with all kinds of products, tools, services, and international and local brands as well as in the sense of a different (integrated mall within an application on your smartphone).
We offer the user a unique experience for electronic shopping through our smart application available for all devices with an easy-to-use interface and smooth view and navigate.
Contractors with the best delivery companies. We offer delivery service and delivery is the best, fastest and most economical with a period not exceeding 24 hours.
We have in our team employees with the best marketing and commercial experience, which enables us to choose the best and finest products for our customers, as well as the most popular and displayed on a regular basis.
We offer a large collection of international pieces and products that are original and imported in one place.
Believing in the principle of mutual trust between the customer and the store, we have provided a cash delivery service, exchange service as well as return service.
The application offers real services and products and at their prices the usual nature and with real discounts and offers.
The application provides a human, not automated, 24-hour technical support service, and we seek to speed up the process the purchasing process and avoiding any problems that may delay the user.
Competitors
There is no project that is completely competitive with the Wstore company’s items in terms of marketing from A to Z. Likewise, the design is at the highest level of sophistication and of the highest quality through a specialized work team only to design products for use in electronic marketing and advertising. Based on what was mentioned, a special studio was allocated at the top. Photographic equipment and the highest quality in order to market all products with the highest efficiency.
Advantages or differentiators
We have a complete production team that specializes in photography, design, and e-marketing behind this application.
Finance
According to what is studied and according to the study of the market and experimental processes, the financial projections for the next three years will be presented with an indication of the costs involved, whether operational, marketing or so on:
As mentioned earlier, at the beginning of any project needs high marketing costs in the first year in order to reach the highest values of reaching customers and targeting the market, and these marketing costs begin to decrease after targeting the market, in addition to the operational costs that enter on a monthly basis for the existing staff in the company and the need to hire according to the breadth of the scope of work.
We aim to reach the highest monthly sales number according to the market study and the study of previous experiences of stores and the accurate study of the market and the world of social media and the plan currently developed is to reach 5000 orders for the products in our application at an average price of 200 shekels per order where the products that have 95% turnout will be promoted as follows:
The beginning of the monthly costs incurred by the company paid by the administrative and employment costs estimated at NIS 50,000 per month.
Business model
Is the project technically feasible?
Certainly, after great and intensive work and consumption of great time and effort, professional technologies have been obtained that meet the needs of the market, which needs to meet its needs with great ease and speed.
Does the project plan legal?
Yes, the project is 100% legal and has been registered with the Economic Authority as a legal company and its competencies are legal and what is traded inside this electronic mall fully meets the general needs of the market.
Is this plan operationally viable?
The electronic mall has been prepared and built professionally where it can compete with its counterpart from international electronic malls such as Amazon and AliExpress.
Is this plan/project feasible within a reasonable period?
The world of e-commerce is a fast factor and the speed of access to the market is much greater than the in-kind or field stores so the market will be reached and targeted in a short period of time and the largest number of customers and people with needs for the goods within our application.
Is the project economically viable?
Certainly, economically feasible as the goods and products on the site are not exposed to any kind of expiration and brands that keep pace with each time and place and cover all the tastes of the consumer (customer) in addition to the full credibility in dealing with what is seen and requested from the site reaches you as it is literally and at monopolistic prices and acceptable 100% to those who deal with the wstore in a way that achieves the benefit of both the company and the customer.
In short, the market was studied and the basic requirements through which the market can be controlled and serve the customer professionally and be satisfied with all satisfaction on the dealing, credibility and the basic point that the customer is looking for, excellent service at the best price and this is what we have based our project on after a deep study and took enough time and effort to enter optimally.
Money will be spent on
To reach 5000 orders of our products according to the criteria and prices of social networking sites is 35% of the value of profit per order at the beginning and after a period of 8 months to a year the cost of marketing per order is 10% of the value of profit from each order, that is, the costs decrease and thesales increase and therefore automatically the profit increases, the exception in the first year in marketing and promotion of any company as it is known.
What distinguishes the project in terms of risk is that these risks of trade are very small as dealing with the goods in our application does not have an expiration date and is not prone to corruption and can be dealt with in a way that achieves the objectives professionally, and for cyber risks, the staff based on the management of the work electronically has made the electronic infrastructure very high so that it is not exposed to any kind of errors within the application and the website.
Won the competition and other awards
We have made the decision regarding the company in a way that is compatible with consumer behaviour. We have carefully studied consumer trends towards the electronic market and conducted in-depth and accurate studies on consumer purchasing trends. We have chosen the most successful way to carry out the marketing process and attract the consumer.