The projected revenue of the wash application that allows for the provision of laundry services in indicated by the projected sales. Ideally, the forecasted revenue comprises a total sales of 132,000 U.S dollars in the first year of operation. This sum is relatively low because when the business starts operating for the first time, there is a need for more intensive marketing techniques that will foster success. Such strategies will encompass direct and convenient dealing with clients in their residences. The avoidance of rented premises will help in reducing the high initial costs. Provisions for deliveries and urgent pickups at a nominal fee will help to increase the initial sales during the first year of operation. Thus, due to the comprehensive marketing strategies required during the first year, the projected sales comprise a total sum of132, 000 U.S dollars.
We anticipate a gradual increase in sales over the years because of several factors. First, we aim to guarantee the quality that will eventually attract clients to our services. It is vital to note that based on our market analysis, the clients have money and are willing to spend provided they receive high-quality laundry services that satisfy them. Besides, we have chosen convenient operation hours that will facilitate timely completion and delivery. Thus, the convenience that is facilitated by both the wash application and the actual laundry services can only increase the projected sales over the years. Based on these factors, the projected revenue for the second year of operation will be 165,500 U.S dollars while the forecasted sales for year three will be 190,400 U.S dollars. The graph below indicates the forecasted revenues for the wash application over the three years of operation.
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