Pitch Presentation for Pytter Hire Plant: A Machinery Hire Plant for Construction Business
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Added on 2023/06/18
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This pitch presentation is about Pytter Hire Plant, a machinery hire plant that provides machineries involved in construction business to different stakeholders. The presentation includes SWOT analysis, target customers, pricing, marketing strategies, and more.
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Introduction to my business idea •Pitch presentation is defined as presenting the business idea in front of the potential investor wishes to put money in the business. •This is a pitch presentation in respect to the Pytter Hire Plant. •The organisation will be a machinery hire plant that is engaged in providing machineries involved in construction business to ensure the need of different construction stakeholders. •The main business of the company is to allocate machineries used in construction work over a certain amount of rent. •The emerging nature of the construction business make this business idea look very profitable in nature as it is not feasible to buy such machineries in order to construct any building. •Renting is the best option available to meet the need of different stakeholders associated with the construction sector.
SOWT Strength •Pytter Hire Plant will beinvolvedin providing all types of machineriesusedin constitution business. •Thiswillallowthe organisationtocater all different needs and requirementsofthe target customers. •The management will catre the services at a competitivepricing (ChawlaandJones, 2021). Weakness •Resources with the Pytter Hire Plant are limited in number. •Thisisamajor weakness associated with the venture as the entity is a new start up venture. •Newventurealso face issue related to establishingthe brand image in the market. Opportunity •Pytter Hire Plant hold an opportunity to take competitive advantage with the use of digital marketing practice. •Affordablepricing practice would further beanimportant strategicchoice availablewiththe company. Threat •Competitioninthe marketisamajor threat associated with theorganisation. Inflationineconomy is also a major threat for the organisation.
SMALL BUSINESS COMPETI TIVE ANALYSIS SUMMARY Construction sector is among the major competitive sector as the growth and profit margin associate with the industry create a massive hustle in between the stakeholder group. Pytter Hire Plant will offer excavator, bobcat, rollers and such other construction equipment's. TARGET CUSTOMERS The target customer of the Pytter Hire Plant would be all types of economic background of customer base such as middle class and upper class economic background except the lower class. PRODUCT OR SERVICE PRICING Competitive pricing practice will adopt by the company. This wouldallowtheorganizationtoattractalltypesof customers. GENERAL MARKETING STRATEGYDigital marketing strategy will be used to deliver the project.. ONLINE MARKETING STRATEGY Onlinemarketingwillinvolveemailmarketing,search engine, digital promotions and social media marketing STRENGTHSSkilledresources,financialallocation,researchabout marketing techniques and customers preferences.
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Consumer profile •The target customer of the Pytter Hire Plant would be all types of economic background of customer base such as middle class and upper class economic background except the lower class. •The customer base would involve general people along with the contractors, builders, architecture and such like professionals (Criado-Gomis and et.al., 2018). •The construction sector is among the major growing market sector that require strong support of the customers in the market to ensure the mitigation of all different business objectives of company. •The consumer profile of company is well diversified in nature that allow the business entity to maximise the overall outcome of the business operations entertain by the venture.
Target customers for the digital marketing will include middle class economic background people, upper class and all such respective customers. The analysis about the success of marketing activity will be done with the use of google analytics technique. The team of marketing professional has been developed to implement the plan in the best way possible. Customers will be identified involve builders, contractors and general people engaged in construction activity. Customer persona will involve income, preferences of customers and other respective elements associated with the construction sector. The budget is prepared to have a best level of allocation of financial resources over different marketing campaign activities. Resources are properly allocated over planning, researching, implementation and control phase of the plan. Objectives of the business is to delegate the best level of construction equipment at the best price possible. The goal is to establish the loyal brand value and mark an effective presence in target market.
Inspirational person- •The founder of the Steve Rothwell is the inspiration for the founder of the business. •The entrepreneur has started a business venture call Eagle Eye Solution in UK (Wright and Conley, 2020). •Today the business is among the top small scale business house based in United Kingdom. •Founder of the Pytter Hire Plant has highly inspired with the story of the founder Steve Rothwell.
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Summary/ References •PytterHirePlantisplanningtoenterthe construction market. •The sector is associated with the construction of building and various architectural structures. •Company will adopt the different strategies such as digitalmarketing,socialmediapromotionsand othjer traditional mode of marketing and promotions. •The marketing will allow the business entity top maximise the growth and success of the venture in respective target market.
REFERENCES •Chawla, C. and Jones, T. A., 2021.Launching a Venture During a Pandemic: SLAB Outdoors LLC. SAGE Publications: SAGE Business Cases Originals. •Cosenz, F. and Noto, G., 2018. A dynamic business modelling approach to design and experiment new business venture strategies.Long Range Planning, 51(1). pp.127-140. •Criado-Gomis, A. and et.al., 2018. Sustainable entrepreneurial orientation within an intrapreneurial context: effects on business performance.International Entrepreneurship and Management Journal, 14(2). pp.295-308. •Greguras, M., Klopotan, I. and Martincevic, I., 2019. MEDIA AND COMMUNICATION ASPECTS AT LAUNCHING AN ENTREPRENEURIAL VENTURE.Economic and Social Development: Book of Proceedings, pp.106-114. •Wright, T. and Conley, H., 2020. Advancing gender equality in the construction sector through public procurement: Making effective use of responsive regulation.Economic and Industrial Democracy, 41(4). pp.975-996.