example of creating business idea

HINKEY ENTERPRISE

39-2A, JALAN TAMAN KAJANG SENTRAL 4, TAMAN KAJANG SENTRAL,

46000 KAJANG, SELANGOR DARUL EHSAN

TELEPHONE NUMBER : 03 – 67430609

HANDPHONE NUMBER : 012 – 3455555

FAX : 03 – 67430600

[email protected]

OWNER ‘S NAME : LIKINARALY

SUMMARY

CONTENT PAGE NUMBER

IDEA CONCEPT

ITEM / PRODUCT

PRODUCT DETAILS

EXAMPLE OF CUSTOMLY DESIGN TOTE BAG

COST AND PRICE

BUSINESS STRATEGIES

SERVICES

PROMOTION

ADVANTAGES OF PRODUCT

OVERVIEW

IDEA CONCEPT

• A product which has the following constituent values;

- A home - based business- Low cost production of item- Environmental friendly- High in functionality despite the

aesthetical value- Adhere to the latest fashion gears and

trends

PRODUCT

CUSTOM – DESIGNED TOTE BAG

PRODUCT DETAILS

• Material : 100 % cotton

• Color : Beige

• Size : 42 cm x 37 cm

• Design : Custom – designed by us, customers just need to submit a design of their preference and we will proceed by designing it on the tote bag by means of acrylic ink and permanent waterproof marker.

EXAMPLE OF CUSTOMLY DESIGN TOTE BAG

COST

• Item’s cost + Overhead cost + Profit Made = Total Price of the tote bag

• Item’s cost ; the cost of the tote bag, the cost of permanent markers and other designing materials

• Overhead cost ; car fuel for purchasing the main item and etc

• Profit made : Total price – Item’s cost + Overhead cost

PRICE

• Price will be set up at RM 29 for each custom designed tote bag.

BUSINESS STRATEGIES

• This business will be marketed via internet, inclusive of social medias , whatsapp and wechat.

• Internet :

o A facebook business page will be made to be a

business medium of the product.

o An instagram account will be signed up for the

business purpose.

o An account in mudah.my will also be used as a

business tool to enable a platform to sell our product.

o Lelong.

o Twitter will also be used to tweet up updates

regarding the products.

• Whatsapp and WeChat :

o Enable conversations between customers and us

sellers via phone internet application.

SERVICES

• Payment to be made prior 3 days after the submission of the order, payment t be made via Maybank / CIMB Bank.

• COD : Cash On Delivery (Handpicked by Hand) around Kajang and Bangi area.

• Postal service via Poslaju is also available for customers all over Malaysia. Item will arrive in 1 day via this Poslaju courier service.

• Ordered item will arrive within 3 days.

• Postal service will be standardized at RM 6 per bag (100 grams) to West Malaysia. Whereas, RM 9 to East Malaysia per bag (100 grams).

PROMOTION

• Payment above RM 75 in a single purchase will get a free postage.

ADVANTAGES OF PRODUCT

Besides looking up to date in fashion, our tote bag is 100 % cotton and truly recyclable. Plastic / PU leather bags are petroleum based and can take up to 1,000 years to decompose.

• Rather than using the plastic bag in shopping malls, by using our product; the tote bag, customers could help in reducing the use of disposable bags, and help the environment for a better future.

• We are also playing our roles by giving a helping hand in saving mother nature by selling eco-friendly bag.

• In addition, the bag is made up of art materials clinically tested; non allergenic and non comodogenic which is safe to everyone.

• Last but not least, customers could be creative in expressing themselves by our very own custom- designed tote bags!

OVERVIEW

Custom – designed tote bag

RM 25 excluding postage

Postage :

Poslaju ; RM 6 to Peninsular

Malaysia / RM 9 to Sabah Sarawak

Payment via Maybank/ CIMB Bank

[email protected]

Facebook.com/ hinkeytotebag

Ig : @ hinkeytotebag

Twitter : @ hinkeytotebag

Mudah.my/ hinkeytotebag

Lelong.com/ hinkeytotebag

Whatsapp / wechat : 012 – 3455555