Innovative Business Plan Template for Product Development
Challenge the traditional approach to business planning with our precise and comprehensive template designed to showcase your product, market research, and competitive analysis effectively within a limited timeframe. Maximize your presentation impact and impress the Admission Panel effortlessly.
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IDEATION IDEATION Business Plan Template Business Plan Template
Business Plan Template Business Plan Template A Business Plan is expected to be precise and concise, be delivered in PowerPoint / PDF format with minimum 10 pages but no more than 20. NOTE: You are highly recommended to include ALL the information as illustrated in the following template as such information are expected from the Admission Panel. You may of course, vary the sequence, format, style, etc. and add other relevant information as appropriate. However, please note that presentation time at the Admission Panel Meeting is strictly limited to 7 minutes.
Project Name Project Name Presented By: Date:
Project Summary Project Summary Introduction of your product within 30 40 words: Expected contents: - What is your product? - Who are your target customers? - What is the problem you are trying to solve?
Product Features Product Features How can the product solve market problem / fulfill market needs? What is the technology involved? What is the Innovativeness? You can use picture, flow-diagram, illustration or even previous work of your own to state your point.
Research and Development Content Research and Development Content What is your achievement in R&D so far? What are the research you have been done? What are the technologies has been developed? What is your R&D plan for the coming 12 months?
Competitive analysis Competitive analysis (Example) Competitors (who work on the business similar to your idea) Competitors (who work on the business similar to your idea) Features/ Problems to be solved Your Product / Idea Your Product / Idea Product A Product A Product B Product B Product C Product C a. a. b. b. c. c. Price: Price: HKD500 HKD500 HKD300 HKD300 HKD700 HKD700 HKD500 HKD500
Perceptual Mapping Perceptual Mapping (Example) Higher Quality Competitor B Your Product Lower Price Higher Price Competitor C Competitor A Lower Quality
Sales and Marketing Plan Sales and Marketing Plan Who are your target customers? (those who will pay) and target end-users? (those who will use the product) What is the potential market size? What are the marketing channels?
Business Model Business Model Explain your revenue model and pricing strategy
Project Schedule Project Schedule Describe your next 12 months plan on: Business development, Finance & Technology Development EXAMPLE Q1 Q2 Q2 Q3 Q3 Q4 Q4 Interview with active gamers on VR/AR Collaboration with CUHK/HKU for marketing research Set up social media accounts App launch at Android store Business Development Plan Game development - Characters and graphics design Game development - music and sound effect development Payment gateway integration Complete full payment gateway integration Technology Development Bank account opening IP register for game character Negotiate payment gateway with Paypal and banks Online payment gateway implemented Finance Planning & Others
Team Team Brief introduction of the Founders, Management, R&D Team and Advisors (Photo, Name, Title and relevant experiences.) Any investors / partners involved in your project?
