Youth Entrepreneurship

Menu
  • Welcome
  • Dayo Profile
  • Contact Dayo
  • JOIN OUR FORUM
  • Testimonials
  • Shop
  • Our Business Plans
  • OUR PRODUCTS
    • Coaching
    • Entrepreneurship book for Africa Students
    • MLM E-BOOK: How to Recruit and Get to the Top Fast in Any Network Marketing Business
    • Set Up Money Making Blog for Just N50,000

80 Things You Will Learn from 72IG Affiliate Marketing School, Digital Marketing Skill Development and Expertnaire Affiliate Implementation Programme. (Cost N65,000)

CLICK HERE

AR/VR BUSINESS PLAN IN NIGERIA

Dayo Adetiloye Business Hub

AR/VR BUSINESS PLAN IN NIGERIA

AR/VR BUSINESS PLAN IN NIGERIA

AR/VR BUSINESS PLAN IN NIGERIA

This sample AR/VR Business Plan in Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Accounting Firm Business Plan is a lucrative business that needs a lot of strategic Planning to start and a business coach like Dayo Adetiloye to help you start the Implementation.

BUSINESS DESCRIPTION OF AR/VR BUSINESS PLAN IN NIGERIA

INDUSTRY: Technology

BUSINESS: Augumented Reality/Virtual Reality (AR/VR)

Patilad AR/VR Studios is a software development company that develops Augmented and virtual reality technologies for educational institutions, and students.

The studio creates world-class interactive software products for education and training in schools and classrooms and is based in Jos, Nigeria.

Patilad Studios is solving the problem of lack of properly equipped laboratory and library infrastructure across many schools, our products enable students to view the map of the world in 3D, or participate in other hands-on experiences and environments that aren’t physically available.

Patilad Studios deliver physical and psychological experiences through immersive real-life situations in a safe environment, students can practice with physically unavailable equipment e.g., a fully functional chemistry lab or an extinct animal come to life.

AR technology is a combination of digitally augmented data with physical properties, so that users experience real existing environments but with computer-generated imagery, which means that it is a live superimposition of a virtual model, on a real-world extracted video, while VR technology enables experiences to take place in a completely simulated environment and isolated reality.

Global spending on AR/VR is expected to reach $192billion in 2022 at a CAGR of 70% over the next 6 years, and as a business, we are demonstrating our commitment to the development and integration of sustainable educational practices.

BENEFITS FOR AR/VR BUSINESS PLAN IN NIGERIA

  • Access to educative virtual environments and equipment
  • Interactive and immersive content
  • Engaging and efficient
  • Reduce costs of physical equipment
  • Boost training retention

 PRODUCTS AND SERVICES FOR AR/VR BUSINESS PLAN IN NIGERIA

  • We provide 3600 engaging educational experiences for schools using cutting-edge AR/VR technologies and service delivery, we expect to expand the impact of our products to other related industries over time.
  • Virtual Reality libraries and laboratories
  • Augmented Reality classrooms

KEYS TO SUCCESS FOR AR/VR BUSINESS PLAN IN NIGERIA

  • Develop new immersive, interactive and educative software for kids mainstream market.
  • Solidify strong strategic partnerships/distributors, exploring innovative new sales channels.
  • Partner with the ministry of education to cover a lot of schools
  • Develop a campaign to promote our current products and services
  • Integrate human resources
  • Create additional technologies to diversify the user base
  • Promotion and advertising
  • Strategic partnerships

USE CASE FOR AR/VR BUSINESS PLAN IN NIGERIA

AR/VR has been used to disrupt processes across a lot of industries today,

  • Healthcare- infrared technologies have been used to visualize veins of blood donors during blood donation
  • Education- a combination of interaction with AR visual information to books, allowing kids to get exciting experiences studying geography, chemistry, etc.
  • Advertising- Ikea made an app to help customers visualize furniture in their homes before purchase, to avoid any disappointment

  GOALS FOR AR/VR BUSINESS PLAN IN NIGERIA

  • Our ultimate goal is to partner with the Ministry of education to encompass all schools in need of educational equipment to adopt AR/VR solutions as they are more affordable and an AR/VR lab is multi-functional.
  • Quality -This is our greatest strength.
  • Customer Satisfaction- We must remain profitable to sustain the company in this rapidly
  • Growth- market share growth
  • Corporate governance
  • People- The people who work for PATILAD Studios are the best in their fields, and we not only utilize their specific industry skills, and we want to keep them for optimal performance.
AR/VR BUSINESS PLAN IN NIGERIA

AR/VR BUSINESS PLAN IN NIGERIA

CORE VALUES FOR AR/VR BUSINESS PLAN IN NIGERIA

Our core values are transparency and integrity, the technology industry is dependent on trust to achieve brand loyalty.

VISION FOR AR/VR BUSINESS PLAN IN NIGERIA

To provide and foster advancement in interactive education.

MISSION FOR AR/VR BUSINESS PLAN IN NIGERIA

We know that there are inadequacies in the education industry that makes learning inefficient and we are building solutions to cover these gaps and make learning more effective.

 

Read Also: How to apply for New CBN N500,000, N750,000, and N3,000,000 non-interest and collateral-free targeted credit facilities in Nigeria.

 

SWOT ANALYSIS FOR AR/VR BUSINESS PLAN IN NIGERIA

  • STRENGTHS- Getting competent talent on our team has always been a major focus for us, at Stack we have a strong and competent technical and Marketing team with deep sector knowledge in the development and deployment of AR/VR technology and business.

 

  • WEAKNESS- as a new start-up and player in the industry our only weakness is the immediate ability to compete for market share with the already existing big players.

 

  • OPPORTUNITIES- AR/VR is a disruptive technology and a lot of institutions are adopting it to improve major aspects of their business process, hence there is an exciting huge market opportunity to be catered for.

 

  • THREATS- Most of the threats we anticipate as an AR/VR technology provider include government policy and regulation, and economic crises that reduce the purchasing power of our customers

BUSINESS MODEL FOR AR/VR BUSINESS PLAN IN NIGERIA

Subscription – our users can enjoy all features of our products for a premium charge.

KEY PLAYERS FOR AR/VR BUSINESS PLAN IN NIGERIA

The biggest players and stakeholders in the AR market are big companies like Google, Apple, Facebook for owning the main devices for this kind of application, accessible through android, and IOS devices.

MANAGEMENT TEAM FOR AR/VR BUSINESS PLAN IN NIGERIA

Daniel Balmun- A full-stack software engineer, with over 10 years of demonstrated working experience in technology industries and fast-growth start-up markets, as he serial founder, with domain expertise in enterprise application development, who has succeeded at other technology companies, he will serve as the product design and engineering lead on the erstwhile team.

 

Dayo Adetiloye- (B. Agric, MBA, PMP) has over 15 years of experience in business management, business start-up dynamics, financial management of the business, and overall business growth and development, he is an alumnus of the enterprise development center (EDC) of the Lagos business school (LBS) pan African university PAU) he is our business development strategist and a strategic partner

 

Lilian Mfon- Lilian is the head of our marketing team, most of our marketing strategies are online-based and she is the best personnel for the job she has a well-established digital marketer with proficiency in content management social media marketing, search engine optimization, and marketing.

AR/VR BUSINESS PLAN IN NIGERIA

AR/VR BUSINESS PLAN IN NIGERIA

WE BROUGHT TO THE BUSINESS

  • Practical start-up sector expertise
  • Deep technology knowledge
  • Professional business acumen

MANAGEMENT EXPERIENCE FOR AR/VR BUSINESS PLAN IN NIGERIA

The Patilad Studios founding team is highly experienced and qualified, the key members of the management team, bring important business acumen and expertise to the table as follows;

  • Software development
  • Sales and marketing
  • Human resource management

 

CUSTOMER SEGMENTS FOR AR/VR BUSINESS PLAN IN NIGERIA

Our target demographic covers a large spectrum of customers including

  • Educational and training institutions
  • We plan to expand into the healthcare industry in 2 years

COMPETITOR ANALYSIS FOR AR/VR BUSINESS PLAN IN NIGERIA

People will use our service over our competition because we consider many major intensive factors such as;

  • Competitive pricing – we offer a one-time purchase option, in addition to our subscription model.
  • Freemium- we offer a free functionality on our applications that provides simple tools for students and educators to create environments and classrooms to visualize or demonstrate an idea, and then they have to pay to access other features.
  • Multiplatform
  • User-friendly

For the remaining part of this business plan, including the detailed financial analysis, call me on 08105636015 or 08076359735 or send me an email at dayohub@gmail.com.

We help institutions and organizations write concepts, implement Business Plans, and train on business Plan writing in Nigeria.
We can help you write a detailed, strong, and winning business Plan for any use.
Call me on 08105636015, 08076359735 or Send me an email at: dayohub@gmail.com.

Click here to access your Free Gift on How to Secure Funding for your business in Nigeria and other business opportunities and information to help you discover, develop and fulfill your business potential.

 

 

 

Enter your name and email and Download our FREE eBook, get the weekly newsletter, Update on Grants, Business Opportunities & Premium Services from DayoAdetiloye.com... Joining is FREE!
Your information will *never* be shared or sold to a 3rd party.
  • Author
  • Recent Posts
Dayo Adetiloye Business Hub
Lets connect
Dayo Adetiloye Business Hub
Dayo Adetiloye Business Hub is a grassroot business development service provider with a 6 year of track record of excellent service delivery for local and international clients.

As a leading business development service provider in Nigeria, Dayo Adetiloye Business Hub has been recognized and certified by Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in Conjunction with Enterprise Development Centre (EDC), Pan-Atlantic University (PAU) of the Lagos Business School (LBS).

Our solutions are designed for MSMEs and are supported by deep insight into various industries and extensive experience acquired from over the years by supporting our clients as partners in their business transformation.

Through our services and business activities, we help individuals/entrepreneurs transform their business ideas into a business venture, and support existing business to scale or expand their operation. We also connect startups and MSMEs with opportunities and resources for their business growth.

We have Consulted for more than 5000 MSMEs in the last 6 years in various industry including Agro-processing, Consulting, Training and Education, Financial Services, Waste Management, Renewable Energy, Oil and Gas, Construction, Real Estate, FMCG, Digital Marketing, Personal Branding etc.

Our Vision:
To become the leading grassroot business Hub that provides Business
Development Services in the global online community

Mission Statement:
- Provide bespoke management and business planning consultancy
- To connect MSMEs with opportunities and resources for their business startup, growth and expansion through trainings, seminars, coaching, consulting, mentoring, and Angel investing.
- To inspire, empower and champion entrepreneurship in the global online community.

Business Goals and Objective

- Engender national prosperity by contributing to the creation of at least 100 new businesses every year
- Become a go-to brand for outstanding business development services for MSMEs
- Strategic partnership with local and international organization to empower start-ups
- Continuous innovation to serve our clients better

Core Values:
Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
Timeliness
Dayo Adetiloye Business Hub
Lets connect
Latest posts by Dayo Adetiloye Business Hub (see all)
  • Philanthropist Kole Akintujoye’s Our Daily Bread Foundation: Eradicating Hunger in Nigeria and Beyond - March 20, 2023
  • 28 Reasons why Norland Network Marketing Company is the best in Nigeria - March 16, 2023
  • Top 50 Ways to Generate Leads for Expertnaire Affiliate Marketing Platform in Nigeria - March 16, 2023

Share this:

  • Tweet
  • WhatsApp

Related

Prev Article
Next Article

No Responses

  1. Pingback: FINTECH BUSINESS PLAN IN NIGERIA - Youth Entrepreneurship
    October 4, 2021

Leave a Reply Cancel Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Search this Blog

MLM Instant Recruiting Formula

Grant Winning Blueprint

How to Turn Yourself into a Live Breathing Cash Machine

Ecommerce Business

Follow me on Facebook

Follow me on Facebook

Follow me on Twitter

My Tweets

Youth Entrepreneurship

…Raising Millionaire Young Entrepreneurs
  • About
  • Dayo Speaks
  • Disclaimer
  • JOIN OUR FORUM
  • Shop
  • Privacy Policy
  • Sitemap
  • Advertise With us

About Us

Dayoadetiloye.com is a property of Dayo Adetiloye Business Hub committed to connecting entrepreneurs with resources.

We are one stop Business Resource Center where we help you discover, Develop and Fulfil your business potentials.

On this platform, we help you develop business plans and strategies, connect you with funding opportunities and share with your business opportunities.

Facebook Community: https://www.facebook.com/groups/156197005130352/

Twitter: www.twitter.com/dayoadetiloye

Email: Dayohub@gmail.com

Popular Posts

  • 50 SMALL SCALE BUSINESS IDEAS IN NIGERIA AND STRATEGIES TO START IT
    50 SMALL SCALE BUSINESS IDEAS IN NIGERIA AND STRATEGIES TO START IT
  • Peter Obi's Biography, Net Worth, and Rise to Popularity
    Peter Obi's Biography, Net Worth, and Rise to Popularity
  • 30 List of Grants, Fellowships, Entrepreneurship Training Programmes you can Apply for in Nigeria in  2023
    30 List of Grants, Fellowships, Entrepreneurship Training Programmes you can Apply for in Nigeria in  2023

Popular Category

  • Affiliate (36)
  • Articles (723)
  • Business Grant (342)
  • Business Opportunities (422)
  • Business Plan (682)
  • Competition (46)
  • CV Writing & Career Guide (61)
  • Dayo Initiative (13)
  • Entrepreneur of the Week (19)
  • Executive Summaries (148)
  • Expertnaire Affiliate Marketing (5)
  • Finance (15)
  • How To (133)
  • Job Vacancy (18)
  • Latest Post (1,681)
  • LOAN (23)
  • MLM Coaching (11)
  • Network Marketing (176)
  • NEWS (21)
  • Norland Nigeria (70)
  • Ofada Rice (6)
  • Online Marketing (50)
  • Product Sales (9)
  • Recharge and Get Paid (11)
  • Scholarship (7)
  • Scholarships (11)
  • Sponsored Post (223)
  • Trainings / Events (151)
Copyright © 2023 Youth Entrepreneurship
Dayo Adetiloye Business Hub

Ad Blocker Detected

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker.

Refresh
Enter your name and email and Download our FREE eBook, get the weekly newsletter, Update on Grants, Business Opportunities & Premium Services from DayoAdetiloye.com... Joining is FREE!
Your information will *never* be shared or sold to a 3rd party.
 

Loading Comments...