Revolutionizing Mobile Technology with X.phone
Introducing X.phone - an affordable, durable, and futuristic mobile phone that rivals top brands. Our mission is to create a widely-used device surpassing iPhones and Samsungs, appealing to a global market. With strategic pricing and innovative features, X.phone aims to disrupt the industry and become a household name.
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Presentation Transcript
Business Idea My Idea is to make a mobile phone company which produces goods. People would want to buy because the X phone will be a affordable , durable and futuristic phone which will have many amazing features that can match or possibly surpass the famous high-end phones. My objective is to make an affordable and amazing that anyone can buy. My mission and vision would be that people worldwide would use the X phone and it more used than the IPhone and Samsung phones. The name X phone is easy to memorize and is a unique name which represents the company.
Target market & Demographics The X phone is suitable for everyone.my competitors are Apple and Samsung . The X phone will be available in the UK,USA and Jordan with multiple franchises spread out in each of them, and possibly soon worldwide.
Financial Information The sources of Capital are: a loan from the bank and savings. The first X phone will 175$ and the X phone 2 will be 250$ while the X phone 3 will be 300$ ,these phones will match or even surpass the abilities and will be better than the latest IPhone and Samsung phone with a third of their price. The selling price was 450,000$ and the total cost was 375,000$ so 450,000$ 375,000$=75,000$ predicted profit
Owners Details With the predicted profit I would reinvest in the business and expand it By adding more franchises , paying back some of the loan from the bank and upgrading and making new models and upgrading the phones .
