Financial Plan

Millow is a innovative pillow that features ideas such as music, warming pads, charging ports, and more! Our product will fulfill that extra comfort and reliability that a consumer is missing with any regular rest or travel pillow. Although it may seem as simple as a pillow, lots of time and design has been carefully implemented to meet the needs that one seeks.

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Pricing Strategy

Our pricing strategy will be based off initial consumer sales, labor hours, advertising and a price we believe is fair, yet affordable. Prices will not be set in stone and will change alongside our product.

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Sales Strategy

The tactics that we will use are going to be intricate use of advertising that will be successful in drawing in new customers. Also, the methods we use will involve setting prices that will compete alongside the major companies in our field.

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Revenue streams

The revenue streams of our corporation will include all current available methods of currency whether it be debit, credit or cash.  

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Sales Forecast

The estimated sales forecast will be upwards of 5,000 units sold multiplied by the price that we will be initializing with. We are estimating that amount of sales and we are yet to have a finalized pricing point at this given moment.

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Milestones

The milestone that we are striving for is to have a minimum of 50,000 units solds within our first year of sales. It is something our team believes we can achieve undoubtedly with the motivation that we have.