BAYB 1 Page Business Plan
Overview
BAYB has a clear business objective to develop mobile eHealth software products and services. These products and services have been developed over 3 months with a core focus on addressing the key customer problem and associated opportunities.
The Business Objectives
When as a key component of our growth strategy we consider it critical to identify and outline our business objectives, and align these objectives with clear and measurable development milestones. Our key long term business objective is to launch a new product. Whilst our existing products have been useful for testing the customer problem, new products are required to fully capitalise on our business potential. Our growth path is clearly oriented around the addition of new products, the development of these new products and the subsequent marketing of these. It is understood that costs will be associated with product development and marketing and these have been allowed for in our budget.
The Customer
BAYB has been created with a clear focus on the needs of our customers. Through a structured customer discovery process, we have validated the key customer problem as to enhance quality of life and provide a healthier lifestyle. This is a critical issue for our selected target market of people seeking happiness.
The Value Proposition
BAYB is uniquely positioned to deliver value to people seeking happiness. "BAYB will a need for happy healthy life becomes critical and essential nowadays." In order to be deliver on this value proposition, we the expertise and the know-how of novel innovative ideas based on real world needs. This capability has taken considerable time and resources to develop and forms the cornerstone of our competitive advantage.
Competitors
We have a number of competitors within the mobile eHealth software market. We consider our key competitors to be: Quantified self. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Quantified self by Unique specialized solution that targets areas that haven't been investigated before.
Key Strategies
Over the next 6 months our focus will be to Acquire and form an outstanding team. This task will be undertaken in the context of our broader strategy to Expand and develop more added value features that could integrate special sensor device. These strategies are a tactical implementation of our overall business goal as outlined above.
Milestones
Measurement of the successful implementation of our strategies will be governed by measurable development milestones. The milestones that will be achieved over the next 2 years are: launch the mobile app provide enhanced features through hw obtain required customers
About this document
mobile eHealth software Business Plan
This document was created by Selim of BAYB using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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