Executive Summary for the Marketplace
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Please draft an Executive Summary for a Toilet paper, Serviette, and napkin Products that are ready to 'go to market'
•Demographic is Nigeria, a developing country with a population of about 200 million and demand of about 900,000,000 toilet rolls per annum. Production capacity is about 65%, hence a shortfall in supply.
•Raw materials are presently being imported but Dumo rolls has plans to integrate backwards and commence planting of trees for raw materials.
•Initial capital investment would be $500,000 which will increase 2 years later due to diversification into sister products
•Future expansion would be into soft and perfumed toilet papers, table, paper towels, handkerchief, facial tissue and cleansing tissue. Presently, these products have about 10% production in-country, backed by importation of finished product, hence a great opportunity exists in this area for expansion
Key components to be included in the summary are:
1.Compelling Statement: The most compelling statement of why you have a big idea.
2. The Problem: Establish your value proposition, the big, important problem (current or emerging) that you are going to solve, or opportunity you are going to exploit.
3. The Solution: State concretely what you have, or what you do, that solves the problem identified.
4.The Opportunity: The basic market segmentation, size, growth how many dollars, how fast the growth, and what is driving the segment. Targeting a meaningful percentage of a smaller, well-defined, growing market is preferred to claiming a microscopic percentage of a huge, matured market.
5.Your Competitive Advantage: state clearly, your unique benefits and advantages.
6.The Model: How would revenue be generated and how would you be evaluated- customers, licenses, units, revenues, margin. What target levels will you reach within three to five years
7. he Team: Why is your team uniquely qualified to win. Not a short form of each founder's resume but an explanation of why the background of each team member fits. State brand name companies your team has worked for.
8 Funding: The minimum amount of equity required before the next major milestone. Timing and amount of additional capital required, if any, should
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Solution Summary
The review into creating an Executive Summary on releasing a new product into the marketplace.
Solution Preview
Try and think the Executive Summary as a means for informing readers core aspects to the business mission and visions along with any imperative information needed for clarification. Executive summaries are presented in a professional way with directives followed by reports that support the overall summary in its entirety. Below is a sample for the final researched executive summary document:
SAMPLE EXECUTIVE SUMMARY
1.Compelling Statement: The most compelling statement of why you have a big idea.
"Company ABC plans to release a new product line that focuses on consumer needs for quality toilet paper, serviette, and napkin products with a strong sales team to facilitate an increase of profitability by 45%. Market trends provided the new strategy of ideas to bring forth a winning combination that plans to increase sales, profitability and brand awareness." *Try and think in terms of reason for strategic ways were implemented that caused such innovation to occur, basically, in this case study to stay competitive.
2. The Problem: Establish your value proposition, the big, important problem (current or emerging) that you are going to solve, or opportunity you are going to exploit.
Consider the following: "Previous sales indicated a need for a change to gain more targeted consumer demographics, thus, the revamp in product research lead to the innovation in utilizing a one all product that ...
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- BA, American Intercontinental University
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- PhD (IP), Grand Canyon University
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