Professional Documents
Culture Documents
LEGAL PAGE
Proprietary Information. Do Not Distribute
Confidentiality Agreement
The undersigned reader acknowledges that the information provided by Precise
Consumer Data Limited in this business plan is confidential; therefore, reader agrees not
to disclose it without the express written permission of Precise Consumer Data Limited.
It is acknowledged by reader that information to be furnished in this business plan is in
all respects confidential in nature, other than information which is in the public domain
through other means and that any disclosure or use of same by reader, may cause
serious harm or damage to Precise Consumer Data Limited.
Upon request, this document is to be immediately returned to Precise Consumer Data
Limited.
__________________
Signature
__________________
MD KHURSHID ALAM
__________________
POSITION
TABLE OF CONTENT
Executive Summary
Objectives
Key to Success
Mission
Company Summary
Services
Market Analysis
8
9
SWOT Analysis
Marketing Strategy
Pricing Strategy
Promotion
9
10
10
10
Sales Forecast
11
Management Summary
11
Executive Summary
This Business Plan has been made to give the overall idea about Precise Consumer
Data Limited from start-up to forecast of coming years of business. It is also to find out
certain objective regarding the strategic approach adopted and to be adopted by Precise
Data to stand strongly in the competitive LeadGen market of UK. Precise Datas
marketing strategies are analyses using various models like SWOT analysis, BCG
Matrix, Ansoffs matrix etc.
The outcomes of these models are properly analysed to find out the various aspects like
companies position and competitors position in the market. This plan on Precise
Consumer Data Limited not just gives descriptions about the company but it describes as
well about the various marketing strategies adopted and to be adopted by the company,
growth and its vision.
We are currently in a highly lucrative market in a rapidly growing economy. The current
trend towards an increase in the number of entrepreneurs and competition amongst
existing companies presents an opportunity for an increased demand for market
information and services that will enable companies to stay ahead of the pack.
Our services will be positioned very carefully: they will be of extremely high quality,
relevant, timely and accurate, tailored to the clients' needs so as to enable them to make
the right decisions, in turn leading towards growth of their companies, benefiting the
overall economy.
Precise Data offers the expertise that a proactive-oriented and market-opportunity
seeking company needs to develop and enter new product distribution and new market
segments in new markets. Our business services can be taken as marketing research,
market research reports, project-based consulting, business and marketing plans, plan
consulting and writing, high-level retainer consulting and company registration.
Our marketing strategy will be based mainly on ensuring that customers know what
needs the services are able to fulfill, and making the right information available to the
right target customer. We intend to implement a market penetration strategy that will
ensure that we are well known and respected in our respective industry. We will ensure
Proprietary Information. Do Not Distribute
that our services' prices take into consideration people's budgets, and that these people
appreciate the services, know that it exists, and where to find it.
Precise Data intends to provide the client with more than just information and planning
tools. We intend to provide quality information that is customized to the client's needs, in
the process assisting them on how best to use the available information. By employing
our services, our clients are assured of consultants dedicated to finding the right answers
for their business and enabling them to benefit long after we have finished our work. We
are in this line of work because we like efficiency and because we understand and
believe in problem solving and market/marketing research.
In a nutshell, we don't just intend to market and sell our service, but to market and sell
customized information, solutions and a total-quality environment. This will ensure we
establish a reputable corporate image.
Objectives
Our business strategy will revolve around the need to provide quality leads to our various
target clients/customers, in the process fully satisfying their needs. This shall be
undertaken through our professional marketing sales agents, quality control and
management team. We would position ourselves as a high quality lead provider that
strives to provide accuracy, relevancy and specific information.
Keys to Success
Precise Datas success will undoubtedly be effective market segmentation through
identification of several niche markets and implementation strategies. Along these lines
the company intends to implement personal selling and direct marketing strategies to the
target markets. Our key to success factors will include the following:
Mission
Precise Data offers clients reliable, quality information and proposals for business
development, market development, and channel development that will maximize
business development. A true alternative to in-house resources we offer a very high level
of practical experience, know-how, contacts, and confidentiality. At Precise Data we are
able to provide comprehensive solutions to our clients' problems that will foster business
development. Clients must know that working with Precise Data is a more professional,
less risky way to develop new areas even than working completely in-house with their
own people. Precise Data must also be able to maintain financial balance, charging a
competitive and realistic value for its services, and delivering an even higher value to its
clients. Initial focus will be development of the local market clientele.
Our mission statement is:
"We endeavor to understand our customers' requirements so well as to be able to offer
finest solutions to capture their target audience."
Company Summary
Precise Consumer Data Limited also known as Precise Data has been founded in May
2015 by Md. Khurshid Alam, Sahbaz Akhtar, Nadkishore Kejriwal and Abhishek Surana.
We are a young, dynamic direct to consumer lead generation company. Each individual
in our team is a highly experienced professional in either offline or online marketing and
data services.
A company registered with Information Commissioners Office (ICO) as Data Controllers
under Data Protection Act 1998 and also subscribed to TPS Services for data cleansing.
We do consumer lead generation for some major clients and brand of UK such as British
Gas, Scottish Power, The Times, The Guardian, The Week, Go Assist, Guide Dogs,
GOSH, Golden Charter, Pop Telecom etc. with strictly abiding the code off practice of
Direct Marketing Association (DMA).
Company is also in process to be accredited with UK Ministry of Justice (MOJ), Direct
Marketing Association (DMA).
The mission of Precise Data is to lead the industry of LeadGen and generate leads for all
the end clients.
Precise Data is a relatively new company providing high quality consumer leads in
LeadGen industry for all types of products and services. It will focus initially on providing
and satisfying two kinds of markets:
Providing market research and information of targeted audience to clients looking at
developing their businesses for the increasingly competitive markets if they are
established.
Providing market research and information of targeted audience to clients looking for
penetration in the market for their products of services.
Services
Telephonic Lead Generation
Lead Generation is finding a consumer who has specified he or she would like to hear
from our clients or agency clients product, service, or offer. Our current activity is on the
telephone, finding real buyers with fresh, up to date information.
Lead Generation is also finding consumers who are relevant to purchase a specific
product or service, and have the correct profile for the product or service to be sold to.
This product is essential in the multi-channel marketing mix, and helps a brand increase
its ROI on the overall campaign.
We understand that much of the marketing spend is the data cost, its the physical
attributes such as the call centre, heating, lighting, telephone bills and employment. This
is why its key to deliver an accurate and highly performing product, so that less calls are
made to obtain the same or increased outcome, thus reducing overheads significantly.
Profiled Consumer Data
Precise Data source, capture, compile, enhance and supply the most up-to-date and
highly profiled consumer lifestyle data available in the UK today.
Numerous major brands rely on Precise Datas highly profiled consumer data to really
get underneath the marketing DNA of their customers and target those new prospects
most likely to be interested in their products and services. Our dynamic, single-view
database of individuals and households is ideal for any outbound or inbound campaign
and we work tirelessly to provide you with clean, validated and accurate contact
information that maximizes your return on investment.
Hot Key Campaigns
Were all about flexing technology to connect buyers with sellers when theyre ready to
purchase. Our pay as you go hot key transfer campaigns capitalize on these timely
Proprietary Information. Do Not Distribute
interactions by connecting you with highly qualified and quality controlled hot
opportunities in real time and we work closely with you to ensure the whole process is
seamless. Our highly trained staff will cue up the call on your behalf and ensure in
advance that the consumer is completely comfortable with your brand and offer.
Precise Data expedite the end-to-end hot key transfer process for you simply and
efficiently. At the end of a consumer survey (where a prospect has indicated an interest
in your product or service), and with the overt consent of the prospect, our skilled agents
pass the consumers details to our dedicated follow-up team. A member of this team then
calls the prospect to reconfirm and supercharge their interest and we will provide them
with expanded information, if necessary, using bespoke scripts developed with you.
Prospects are then asked if they would like to talk with your sales team and, only with
their express consent, the call is immediately transferred to your inbound sales team to
close the deal.
Data Cleansing
Data can decay at an alarming rate and for many of our clients data compliance is a
significant pain point. Precise Data has the people, the automated tools and the
expertise to help protect, clean, validate and upscale your vital customer and marketing
data. Our class-leading services will not only protect your business from a compliancy
perspective but will help you reduce your wastage and cost by mitigating the amount of
time you spend attempting to contact customers who have moved or changed their
contact details. You cant engage with people if theyre simply not there.
The negative consequences of bad data to your business can be dramatic and the DMA
and ICO guidelines are constantly changing to protect consumers by ensuring that direct
marketers remain completely above board in their targeting and communication. Best
practice evolves so rapidly that compliance can become a difficult and expensive thing to
stay on top of and we predict that 6 monthly data audits will soon become the norm. The
argument for outsourcing fundamental elements of the fluid and complex minefield of
compliance to an expert like Precise Data is increasingly compelling, especially when
you consider that every year in the UK:
Every year in the UK alone
Common sense dictates that if your business neglects to keep up with the pace of
organic change your data will decay and it will, eventually, have a negative impact on the
success of all your sales and marketing activity. It will ultimately affect your bottom line
and can even damage your brand and cause attrition among your existing customers.
We are passionate about data integrity and have all the tools, processes, people and
economies of scale in house to help you stay on top of your data and compliance and
help monetize the true long term value of it to your business. We offer a completely free
data audit that will make you fully aware of your compliancy score and demonstrate your
current exposure to incorrect or obsolete information. Chances are that you may be
doing all the right things already but it never hurts to get a professional second opinion
from the data compliance and data cleansing experts, especially when its free.
Weakness
10
2. A marketing plan with clear goals and
strategies.
3.
Strategic
market
segmentation
implementation strategies.
and
2. Non UK Directors
4. No physical office in UK
Opportunity
Threat
Marketing Strategy
One core element of our strategy will be that of differentiation from our competitors. In terms of
marketing, we intend to sell our company as a differentiated strategic ally, not just our services. In
price, we intend to offer reasonable and competitive prices in comparison to competition and we
need to be able to sustain that. Market penetration through lower prices shall be undertaken
where need be whilst premium pricing in the case of high quality services targeted at the upperend of the market. Our service marketing will recognize more that our product. Service and
establishing long relationships with clients will be key to our future service marketing. We
primarily intend to sell a relationship more than services.
Our service marketing will emphasize the benefits of conducting adequate planning and the use
of quality information and identification of 'windows of opportunity'. We intend to sell access to
market knowledge and quality. This will come out in our advertising, delivery and collateral such
as sales literature and business cards. Our service marketing's most important challenge will be
the problem of being accepted and appreciated on the market as a provider of quality marketing
research services and business plans. Hence we intend to not only meet client's expectations but
to exceed them.
We intend to focus on the individual or group who wants information that may not be readily
available, specially customized to their requirements. However not wanting to limit our horizons
in the initial period we intend to serve other clients requiring services such as company
registration and trading licenses.
In all cases we intend to provide a thorough understanding and appreciation of the service to the
client as well as follow up to ensure customer satisfaction. We also intend to inform the customer
on how best to maintain and/or improve their market positions.
Pricing Strategy
Precise Data will be competitively priced in relation to the dictates of the market. The pricing fits
with the general positioning of Precise Data as providing high-level quality expertise.
We intend our income structure to match our cost structure, so as to ensure that the
salaries/consultants fees we pay to assure good reports and service are balanced by the fee we
charge. We will make sure that we charge for the service, workmanship and any delivery with our
11
aim being to achieve a gross profit margin of at least 50%. Naturally services targeted at the
higher end of the market will have higher mark ups as these clients are less price sensitive. All in
all we intend our prices to be extremely competitive on the market.
Promotion Strategy
Our promotion strategy will be based primarily on informing potential customers of our existence
and making the right information available to our target customer. Since we shall be targeting
different segments the promotional tools and messages may vary slightly to match the intended
market. However in all cases the marketing will convey the sense of quality and professionalism
in every picture, every promotion and every publication. In such a market we cannot afford to
appear in or produce second-rate material with poor labels that make our services look less than
they are. Hence we intend to leverage our presence using quality brochures and other sales
literature, including promotional material such as pens, complimentary slips and stickers. We
intend to spread the word about our business through the following:
Personal Selling
Direct Marketing
Internet Marketing
Sales Forecast
Sales forecast for next 3 years
SALES
YEAR 1
YEAR 2
YEAR 3
120,000.00
180,000.00
240,000.00
12,000.00
18,000.00
24,000.00
36,000.00
54,000.00
72,000.00
DATA CLEANSING
6,000.00
9,000.00
12,000.00
OTHER
TOTAL SALES
174,000.00
261,000.00
348,000.00
Management Summary
Md Khurshid Alam
An adept personality having experience of more than 6 years in UK Telecom
and Lead Generation industry. Founder of leadgen company Global
Consumer Leads Ltd and has been heading the entire operations. Having
vast experience in the domain of Business Development
Sahbaz Akhtar
12