Double your keys, double your profits: pitch deck for

  • Home
  • Issue
  • Solution
  • Market validation
  • business model
  • Competition
  • Founding team
  • Traction
  • Fundraising

Issue

Meet John. John owns a small but growing business that provides duplicate key making services. John has many clients who rely on his company to make copies of their keys for their homes, offices and cars. However, John often finds that he has trouble keeping track of which keys to which customers, especially when he has a lot of orders to fill right away.

John’s current solution is to use manual record keeping methods, which are time consuming and error prone. This is a common problem that many small business owners face when trying to track lots of orders, especially in industries with lots of small, unique transactions.

This problem affects not only small business owners like John but also their customers. When John loses track of which key belongs to which customer, it can create a frustrating experience for the customer who has to go through the checkout process again. This can be especially inconvenient for customers who need new keys urgently, such as when they have lost their house or car keys.

The issue is particularly relevant in today’s fast-paced world, where people are increasingly busy and require fast and efficient services. As businesses grow and the number of transactions increases, it becomes increasingly difficult to track records manually.

The current solution for this problem is often to outsource transaction recording to third-party companies, which can be very expensive. Another option is to invest in expensive inventory management software, which is often too complex for many small business owners to use effectively.

That’s why we created our platform. With our innovative solution, small business owners like John can keep track of all their key orders in one easy-to-use platform, without any hassle or expense of outsourcing their inventory management.

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Solution / value proposition

The key to duplicate keys understands that people often lose or put their keys, which can be frustrating and sometimes even dangerous. We provide a solution to this with our innovative key duplication platform which streamlines the process of making duplicate keys for customers. Our platform offers intuitive features and tools that allow customers to easily and quickly order duplicate keys while having them delivered directly to their door.

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Our platform is user-friendly, efficient and profitable. We offer a wide range of keys, including house keys, car keys and specialty keys, and ensure they are made with the highest quality materials to ensure durability and longevity. We also make sure our platform is secure, so customers can trust us with their personal information.

Our solution is so good that customers will do anything to get it. Customers will appreciate the convenience and cost-effectiveness of our platform, saving them time, effort and money. They will no longer need to search for a physical store or wait in line to get a duplicate key. They can simply log into our platform from the comfort of their own home and order a duplicate key to be delivered to them in no time.

Customer will feel relieved after using our solution. They no longer have to worry about being locked out of their homes or cars or wasting time looking for a locksmith to make a new key. They can easily access our platform and order a duplicate key in a few simple steps, giving them peace of mind knowing they have a backup key at their fingertips.

Our solution is amazing because it provides a convenient, cost effective and secure way for customers to obtain duplicate keys. We use state-of-the-art technology to ensure that the duplicating process is accurate and the keys are made from high quality materials. Moreover, we deliver the keys directly to the customer’s door, which makes it even more convenient for them. Our platform is innovative, user-friendly and efficient, everything customers are looking for in a solution.

  • Easy ordering process
  • Delivery direct to the customer’s door
  • Wide range of key types available
  • High quality materials used for duplication
  • User-friendly and secure platform

Our solution truly solves the problem of duplicate keys by providing a convenient and cost effective way for customers to access duplicate keys quickly and easily. It saves time, effort and money for customers, by ensuring they have a backup key to spare in case they mess up or lose their original key. Our platform is truly amazing and sets us apart from traditional key duplication methods.

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Market validation

The market validation of our duplicate key manufacturing business is very promising. With the rise of urbanization and increase in population density, the need for locksmith and key creation services has increased exponentially. The total addressable market size for our company is expected to be billion by 2025. This means we have ample room for growth and expansion in the market.

Our addressed market is very specific and targeted, giving us a competitive advantage over other players. Our specialty lies in providing duplication services for high security systems including electronic and biometric lock systems. We also serve the needs of commercial establishments, such as banks, hospitals and government organizations, where the demand for key services is always high.

The locksmith industry is highly fragmented, providing many opportunities for niche players like us to grow and expand their business. With our highly trained staff, state-of-the-art equipment and mobile service, we are well positioned to meet the evolving needs of our customers.

The market is growing at a steady rate, with the demand for locksmith services expected to increase by 5% per year. The proliferation of smartphones, biometric systems and other advanced security solutions will further drive demand for key services in the years to come.

Customers in our addressed market are willing to pay a premium price for high quality, reliable and efficient locksmith services. Our pricing model is based on the complexity of the system, the number of keys required and the time taken for duplication. Our price ranges from to per key, depending on the complexity of the system. We have done extensive market research, which shows that our price is very competitive and attractive to our target customers.

business model

Our duplicate key manufacturing business generates revenue by providing key duplication services to our customers. We offer a variety of key types such as residential, commercial and automotive keys. Our customers can bring their keys to our store or have us come to their location with our mobile key duplicating service.

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Our standard price for key duplication is per key for residential and commercial keys and per key for automotive keys. We also offer volume discounts for businesses and organizations that require multiple key copies. This pricing strategy allows us to remain competitive while generating a steady stream of revenue.

In addition to key duplicating services, we also offer key cutting and transponder key programming. These additional services add value to our customers and provide us with an additional source of revenue. Our key cutting services start at per key, while transponder key programming starts at per key.

As we expand our business, we plan to introduce a subscription-based model that will provide our customers with a monthly service for key duplication and cutting. This model will allow us to generate recurring revenue and create a loyal customer base.

Our target market for key duplicating services includes residential and commercial customers, property management companies and car dealerships. With an estimated 25% growth in the key duplication industry, we are confident in our ability to generate 0,000 in total revenue in the first year of operation.

Competition

As a duplicate key manufacturing business, we face competition from a variety of sources. First and foremost, we compete with other key stores and locksmiths offering similar services in our geographic area. These competitors often have established customer bases and may offer a wider range of services than we do.

We also face competition from big box stores and hardware stores that offer key duplication as a key service. Although these competitors lack the level of expertise that an experienced key store can offer, they may attract customers due to convenience or lower prices.

  • Skill: Our key shop has a team of highly skilled and experienced key makers who can cut the most intricate keys with precision and efficiency. Our competitors may lack the level of expertise we offer.
  • Speed: We pride ourselves on providing fast and efficient key cutting services, often completing orders in less than 15 minutes. Our competitors may have longer wait times or require customers to leave their keys overnight.
  • Accuracy: Our state-of-the-art key cutting machines are calibrated to produce accurate duplicates, ensuring keys work perfectly every time. Other key cutters can produce keys that don’t work properly, resulting in wasted time and frustration for customers.
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To distinguish ourselves from our competitors, we focus on providing a high level of expertise, speed and precision in our core cutting services. We also offer a wider range of key types and can cut keys for residential and commercial customers.

Our primary customers are those who appreciate high quality manufacturing and a quick turnaround. Our competitors can steal customers by offering lower prices or more convenience, so we focus on delivering superior service that makes customers want to come back to us again and again.

Founding team

Our team at Duplicate Key Making Business is made up of skilled and experienced professionals who are passionate about innovation and entrepreneurship. We have carefully selected individuals who share our vision and values, and who bring complementary skills to our business. With decades of combined experience in the locksmith industry and business management, we are confident in our ability to make our business a huge success.

First, our CEO, John Smith, has extensive experience in the locksmith industry, having owned and operated his own locksmith business for over 15 years. He has a deep understanding of industry challenges and opportunities and is passionate about finding new and innovative ways to create value for customers.

Our Chief Technology Officer, Mary Johnson, is an accomplished software developer and project manager. With over 10 years of experience in software development and a master’s degree in computer science, she is the brains behind our cutting-edge technology. His expertise in cybersecurity and data analytics ensures that our platform is both secure and efficient.

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Our Chief Financial Officer, Robert Wilson, has extensive experience in accounting and financial management. He holds a degree in accounting and has worked for several large companies as a financial director. His expertise in financial analysis and risk management is invaluable to our team.

Finally, our Chief Marketing Officer, Sarah Lee, brings over 7 years of marketing and brand management experience to our team. She holds a bachelor’s degree in marketing and has worked for several start-ups, where she delivered outstanding results in brand development, digital marketing and customer acquisition.

Our diverse backgrounds and skill sets give us a unique advantage in meeting the challenges ahead. Together, we share a passion for building a successful and sustainable business that adds value to our customers, employees and stakeholders.

We have identified some gaps that will need to be filled, particularly in legal expertise and operational management. However, we are confident in our ability to source the right talent to fill these gaps as we continue to grow and develop.

We are the right people for this challenge because we are leaders in our respective fields, and we share a common vision and purpose. Our passion for creating innovative solutions to complex problems, combined with our collective experience and expertise, gives us a competitive advantage in the marketplace.

Traction

At Duplicate Key Making Business, we have made remarkable progress leveraging our strategy and expertise. We have achieved massive growth since launching our platform:

  • Our user base grew to over 5,000 in the first six months, far exceeding our initial goal of 1,000 users.
  • Our cost of customer acquisition has reduced by 30% due to our targeted marketing initiatives and my improved conversion rates.
  • We have established partnerships with the best key manufacturers in the industry, strengthening our position and credibility in the market.
  • Our customer satisfaction rate is 95%, demonstrating that our platform is highly appreciated by the market.

Additionally, our company’s performance metrics continue to show promising results:

  • Our monthly recurring revenue has increased 200% since our launch, putting us firmly on the path to profitability.
  • Our customer lifetime value has increased by 25% due to our improved retention rates and increased customer engagement.
  • We have seen a significant increase in demand for our services, with a 400% increase in bookings over the past two months.
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Our metrics demonstrate that we are making progress toward our goal of achieving product market adjustment.

In conclusion, our traction slide provides clear evidence that our business is on the right path to success and that we were able to validate our assumptions and achieve our goals. We believe this is the right time for investors to support our growth and help us establish ourselves as a market leader in key industry.

Fund raising

We are seeking seed funding of M To complete development of our product and release a beta version. This investment opportunity has the potential to revolutionize the procurement industry and provide a streamlined and cost effective solution for businesses.

The funds will be allocated to several key areas, including product development, marketing and new hires. We plan to use approximately 50% of funds for product development, perfecting our platform and fixing any issues identified during beta testing.

The remaining funds will help accelerate our growth and achieve 30% marketing fund allocation to promote our platform and attract new customers. The remaining allocation of funds, 20% , will be invested in new hires to ensure we have the resources to support our continued growth and expansion.

With the funding, we plan to achieve several key milestones. We will publicly launch our platform in the next quarter and aim to acquire at least ten customers within the first three months of operation. Our focus will then shift to expanding into additional territories within the first year, growing our customer base and broadening our product offerings.

We plan to provide our investors with early stage seed funding rounds as we focus on building a healthy and sustainable business. We are confident that our experienced team and comprehensive track record provide a solid foundation for long-term growth and profitability.