What are the key milestones you need to achieve in order to complete your project successfully?
Milestone 1: Our project with four months until launch, we need to define clear and strategic milestones that will guide us to successful business opening. These milestones should encompass operational setup, marketing, testing and final preparations. Below is proposed milestone structure with acceptance criteria that align with the requirements for the grant proposal:
Business and Operational Setup (1-4 weeks)
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Secure a business location (lease agreement signed and facilities arranged).
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Purchase or lease printing equipment (e.g., printers, cutting machines, binding equipment).
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Establish partnerships with suppliers for paper, ink, and other materials.
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Hire essential staff (e.g printing technicians, customer service representatives).
Acceptance Criteria:
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Business location secured and lease agreement signed.
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Equipment installed and ready for initial testing.
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Supplier agreements in place with initial stock of materials received.
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At least 60% of the staff required for operations hired and onboarded.
Milestone 2: Branding and Marketing Launch (4-8 weeks)
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Develop the companys branding logo, website, social media profiles, etc.
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Create marketing materials (business cards, brochures, online advertisements).
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Launch a local awareness campaign (both digital and physical).
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Network with local businesses for potential B2B contracts.
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Design promotional materials (flyers, posters, banners) to advertise ADA acceptance and blockchain related discounts to Ensure the Cardano branding (logo, colors, and messaging) is consistent in all marketing efforts.
Acceptance Criteria:
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Branding assets created and finalized.
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Website and social media platforms active with content.
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Marketing campaigns launched, and at least 10 initial customer leads generated.
Milestone 3: Service Testing and Soft Launch (8-12 weeks)
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Conduct internal tests on all printing processes to ensure quality and consistency.
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Organize soft launch event for select customers and businesses.
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Collect feedback from initial customers to refine services and workflows.
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Discount Structure for Blockchain Customers Define the discount policy for blockchain related customers (e.g 20% discount for payments made in ADA or for blockchain project partners) Develop clear loyalty program that rewards frequent blockchain customers with ADA based promotions.
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Launch ADA Payments Activate the ADA payment system for both online and in store purchases and invite cardano communities to try the service.
Acceptance Criteria:
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Successful internal tests completed with satisfactory results for at least 5 different print products.
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Soft launch event held with attendance of at least 15-20 invitees.
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Feedback collected from at least 10 customers, and service adjustments documented.
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Finalized service menu and pricing based on customer insights.
Milestone 4: Scaling and Long-Term Strategy (12 - 14weeks)
Goal: Scale the business by fully integrating blockchain payments and explore additional blockchain related services
Deliverables:
1. Broader Acceptance of ADA Expand the use of ADA payments to cover more product lines and custom printing services, catering to a broader range of blockchain clients.
2. Additional Services for Blockchain Companies Introduce tailored services for blockchain startups, such as ICO marketing packages, NFT promotion materials, and whitepaper printing.
3. Blockchain and ADA Education Create educational materials for customers interested in learning how to pay with ADA and why blockchain technology is advantageous Host workshops or webinars in partnership with Cardano community leaders to spread knowledge about blockchain’s role in business, and promote Cardano adoption.
4. Partnership Development Continue building partnerships with blockchain projects and Cardano related ventures. Offer special bulk-order printing services or co-sponsorship deals for blockchain events.
5. Evaluation and Future Goals Evaluate the financial and customer growth driven by ADA payments Set long-term goals to position the printing house as a leading blockchain friendly business in the region, possibly expanding to accept other cryptocurrencies in the future.
Final Milestone: Final : Grand Opening and Project Close-out ( 15 - 16 weeks)
Description:
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Adjust pricing models and service offerings based on feedback.
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Hold a grand opening event with local media coverage.
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Finalize any pending supplier or customer contracts.
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Document the project outcomes in a detailed close out report.
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Produce a project video summarizing the journey, milestones achieved and lessons learned.
Acceptance Criteria:
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Grand opening event held with minimum of 15 attendees and positive media or community engagement.
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Submission of the Project Close out Report detailing key achievements, challenges and future roadmap.
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Completion of Project Video) showcasing the business setup, operations, and customer testimonials.
Our milestone plan ensures that the project has structured approach to launching the printing service with defined success criteria at each stage to demonstrate progress and completion.