Describe the implementation of tranfordable in the UK Air transport

Explain how you plan to earn money from your product/idea

a) Business Model Subscription based, One-time payment, through advertisements etc
b) Pricing
c) Cost of customer acquisition How much will you have to spend to acquire a customer in terms of promotions, advertisements etc. Estimate in the short term, medium term and long term. Estimate per customer and then for total market size.
d) Life time value of customer If a customer stays with you for life, how much revenue do you estimate you can earn from each customer. Estimate in the short term, medium term and long term. Estimate per customer and then for total market size.

9. Sales – How will you sell your product (875 Words)

Explain the channels and process you have in mind to sell your product

a) Preferred sales channel
b) Sales Funnel Describe the process from start to end
c) Sales Mix Describe use of methods such as Newsletters, email advertisements, promotion events, direct sales etc.

The proposed business idea is explained in detail in the venture.pdf but if you still dont get the idea then its similar to Airfordable (https://www.airfordable.com/) & flymble (https://flymble.com/) so you can use their data to write about how the product will be sold & the can you make money part.

Further as usual Harvard referencing & minimum 15 references of journal articles so support the claims made in this paper. Also please follow the marking criteria included in essayinfo pdf so that a higher grade is achieved.