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Suara Mas
Music Lover’s Hub
Sunday, October 18, 2020
Product Overview
•Problem:
Customers have difficulty finding and buying physical
albums of music they like
•Solution:
Provides an easy way to browse and buy physical
music albums
Traction Characteristics
• Redirect / funneling customers from SuaraMas’
social media accounts (Facebook, Instagram)
• Redirect / funneling customers from SuaraMas’
marketplace accounts (Tokopedia, Shopee,
Bukalapak)
• Search engines (Google, etc.)
• Offline funneling through physical store, name card,
mouth-to-mouth, etc.
Funding Requirements
15 Billions Rupiah (approx. USD 1 Million), breakdown:
• System Software: 500 Mio
• Music collection: 25.000+ items (5 Bio)
• Building/Office: (6 Bio)
• Manpower (3 Bio for 3 years): +1 Manager, +1
Developer, +1 Network Specialist, +1 Media
Specialist, +1 Admin
• Audio System: 300 Mio
• Operational Cost: 200 Mio (3 years)
Potential Market Size (1)
• Indonesian music market share ranks 18th in the world:
• Peringkat 18 Dunia, Nilai Pasar Musik Streaming di Indonesia
Tembus Rp2,1 Triliun
(https://teknologi.bisnis.com/read/20200708/84/1262980/peringkat-
18-dunia-nilai-pasar-musik-streaming-di-indonesia-tembus-rp21-
triliun)
• Music physical mediums, especially vinyl records
resurgence in past decades:
• Vinyl record sales surpass CDs for the first time since the 1980s
(https://edition.cnn.com/2020/09/13/tech/vinyl-records-cd-sales-
riaa/index.html)
• Meraup Untung dari Piringan Hitam di Tengah Pandemi
(https://m.medcom.id/amp/8N00DAdN-meraup-untung-dari-
piringan-hitam-di-tengah-pandemic)
Potential Market Size (2)
Note: US Music Maket as illustration
Target Customer
Target: Music lovers in general; especially:
• Collectors
• Hobbysts
• Fans
• Resellers
• Local labels
• Musicians
Competitors / Competitive advantage
• Competitors:
• websites: piringan-hitam.com, etc.
• sellers at marketplaces: tokopedia, shopee, bukalapak
• sellers at social medias: facebook, instagram
• Competitive advantages:
• Wide selections
• Easy communication (WhatsApp)
• Best prices
• Fast shipping
• Satisfaction guaranteed
• Loyalty program: discounts, vouchers, prime membership
Business Plan and Goal Image
• Business Plan:
• acquire members through loyalty programs: discounts,
prime members
• partnering with local labels for exclusive releases
• boost sales with referral program
• enable other sellers to sell on web (with certain
commision fees)
• Publishing music news from various sources
• Goal Image:
• To become a music hub for nation

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Suaramas.com

  • 1. Suara Mas Music Lover’s Hub Sunday, October 18, 2020
  • 2. Product Overview •Problem: Customers have difficulty finding and buying physical albums of music they like •Solution: Provides an easy way to browse and buy physical music albums
  • 3. Traction Characteristics • Redirect / funneling customers from SuaraMas’ social media accounts (Facebook, Instagram) • Redirect / funneling customers from SuaraMas’ marketplace accounts (Tokopedia, Shopee, Bukalapak) • Search engines (Google, etc.) • Offline funneling through physical store, name card, mouth-to-mouth, etc.
  • 4. Funding Requirements 15 Billions Rupiah (approx. USD 1 Million), breakdown: • System Software: 500 Mio • Music collection: 25.000+ items (5 Bio) • Building/Office: (6 Bio) • Manpower (3 Bio for 3 years): +1 Manager, +1 Developer, +1 Network Specialist, +1 Media Specialist, +1 Admin • Audio System: 300 Mio • Operational Cost: 200 Mio (3 years)
  • 5. Potential Market Size (1) • Indonesian music market share ranks 18th in the world: • Peringkat 18 Dunia, Nilai Pasar Musik Streaming di Indonesia Tembus Rp2,1 Triliun (https://teknologi.bisnis.com/read/20200708/84/1262980/peringkat- 18-dunia-nilai-pasar-musik-streaming-di-indonesia-tembus-rp21- triliun) • Music physical mediums, especially vinyl records resurgence in past decades: • Vinyl record sales surpass CDs for the first time since the 1980s (https://edition.cnn.com/2020/09/13/tech/vinyl-records-cd-sales- riaa/index.html) • Meraup Untung dari Piringan Hitam di Tengah Pandemi (https://m.medcom.id/amp/8N00DAdN-meraup-untung-dari- piringan-hitam-di-tengah-pandemic)
  • 6. Potential Market Size (2) Note: US Music Maket as illustration
  • 7. Target Customer Target: Music lovers in general; especially: • Collectors • Hobbysts • Fans • Resellers • Local labels • Musicians
  • 8. Competitors / Competitive advantage • Competitors: • websites: piringan-hitam.com, etc. • sellers at marketplaces: tokopedia, shopee, bukalapak • sellers at social medias: facebook, instagram • Competitive advantages: • Wide selections • Easy communication (WhatsApp) • Best prices • Fast shipping • Satisfaction guaranteed • Loyalty program: discounts, vouchers, prime membership
  • 9. Business Plan and Goal Image • Business Plan: • acquire members through loyalty programs: discounts, prime members • partnering with local labels for exclusive releases • boost sales with referral program • enable other sellers to sell on web (with certain commision fees) • Publishing music news from various sources • Goal Image: • To become a music hub for nation