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Bora Kaya (Bo-raa)

Sophomore

Integrated Business & Business

Emir Apaydin (Em-yir)

Sophomore

Industrial Engineering

BE Consulting

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Table of Contents

Executive Summary
SWOT Analysis
Identifying the Problem
Outsourcing
Customer Loyalty & Data Collection
Diversification
Executive Summary
Appendix

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Executive Summary

After careful consideration and analysis of all the financial and non-financial factors, we have come to a conclusion with three recommendations for Skyhawk Technologies:

Outsourcing simple business operations

Maintaining customer loyalty & receiving feedback from customers

Expansion and growth by diversification

Executive Summary

SWOT Analysis

Identifying the Problem

Outsourcing

Customer Loyalty & Data Collection

Diversification

Executive Summary

Appendix

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SWOT Analysis

Executive Summary

SWOT Analysis

Identifying the Problem

Outsourcing

Customer Loyalty & Data Collection

Diversification

Executive Summary

Appendix

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Identifying the Problem

Decrease in Revenue

Increase in Administrative Costs & Operating Costs

Executive Summary

SWOT Analysis

Identifying the Problem

Outsourcing

Customer Loyalty & Data Collection

Diversification

Executive Summary

Appendix

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Outsourcing

Will help the business save capital by reducing costs (operation costs)

Can potentially improve productivity of the current operations done inside the company

Assist us with cloud-based solutions

Executive Summary

SWOT Analysis

Identifying the Problem

Outsourcing

Customer Loyalty & Data Collection

Diversification

Executive Summary

Appendix

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Customer Loyalty & Data Collection

Maintain customer loyalty and retention rates

Maintain the quality of the current products in the toy drone industry

Primary data collection through multiple methods and outsourcing data collection to receive customer feedback

Executive Summary

SWOT Analysis

Identifying the Problem

Outsourcing

Customer Loyalty & Data Collection

Diversification

Executive Summary

Appendix

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Diversification

We have planned to expand the business through diversification:

Military Drones Industry

Small reconnaissance drones

Skydio’s $100 million small drone recon contract.

Commercial Drones Industry

Agricultural

$1 billion in 2019 and is projected to reach $3,7 billion by 2027.

Drone light show

$224.1 million in 2022 and is projected to reach $719.4 million by 2028.

Executive Summary

SWOT Analysis

Identifying the Problem

Outsourcing

Customer Loyalty & Data Collection

Diversification

Executive Summary

Appendix

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Executive Summary

Outsourcing simple business operations

Maintaining customer loyalty & receiving feedback from customers

Expansion and growth by diversification

Executive Summary

SWOT Analysis

Identifying the Problem

Outsourcing

Customer Loyalty & Data Collection

Diversification

Executive Summary

Appendix

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Appendix

Executive Summary

SWOT Analysis

Identifying the Problem

Outsourcing

Customer Loyalty & Data Collection

Diversification

Executive Summary

Appendix

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Appendix

Executive Summary

SWOT Analysis

Identifying the Problem

Outsourcing

Customer Loyalty & Data Collection

Diversification

Executive Summary

Appendix

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Appendix

Executive Summary

SWOT Analysis

Identifying the Problem

Outsourcing

Customer Loyalty & Data Collection

Diversification

Executive Summary

Appendix

Forecast & Estimation of Sales - Commercial Drones

The average for a mid-level consumer drone is $800 with a profit margin of 25%.

After considering and analyzing the market, we have estimated the average mid-level consumer drone to be $500 with a profit margin of 7.25% in the first year of Skyhawk Technologies’ operations in this new market.

Skyhawk Technologies

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Citations

“Audience Is Everything™.” Nielsen, 13 Oct. 2022, https://www.nielsen.com/.

“Commercial Drones Market Size, Share, Analysis, Growth - 2030.” Allied Market Research, https://www.alliedmarketresearch.com/commercial-drone-market.

Crumley, Bruce. “Skydio Wins US Army's $100 Million Small Drone Recon Contract.” DroneDJ, 9 Feb. 2022, https://dronedj.com/2022/02/09/skydio-wins-us-armys-100-million-small-drone-recon-contract/.

Fortune Business Insights. “With 18.14% Cagr, Agriculture Drone Market to Hit USD 3,697.4 Million by 2027: Fortune Business Insights™.” GlobeNewswire News Room, Fortune Business Insights, 19 July 2022, https://www.globenewswire.com/en/news-release/2022/07/19/2481483/0/en/With-18-14-CAGR-Agriculture-Drone-Market-to-Hit-USD-3-697-4-Million-by-2027-Fortune-Business-Insights.html.

Gallimore, Derek. “What Is Outsourcing and How Does It Help Your Business.” Outsource Accelerator, 26 Aug. 2022, https://www.outsourceaccelerator.com/articles/what-is-outsourcing-and-how-does-it-help-your-business/.

“Global Drone Light Show Market Size,Share,2022-2028: High Great, Geoscan, CollMot Entertainment.” OpenPR.com, OpenPR, 27 Oct. 2022, https://www.openpr.com/news/2779207/global-drone-light-show-market-size-share-2022-2028-high#:~:text=HighlightsConsidering%20the%20economic%20change%20due,show%20players%20have%20a%20market.

“Government Unmanned Aircraft Contracts to Bid.” GovWin from Deltek, https://iq.govwin.com/neo/public/tag/Aerial%20drones/Unmanned%20aircraft.

The Insight Partners, https://www.theinsightpartners.com/. “Military Drone Market Size & Growth Analysis: Forecast to 2028.” The Insight Partners, https://www.theinsightpartners.com/reports/military-drone-market#:~:text=The%20military%20drone%20market%20is%20expected%20to%20grow,ground%20airborne%20missions%2C%20and%20search%20and%20rescue%20missions.

“Retail | Google Cloud.” Google, Google, https://cloud.google.com/solutions/retail.

“Toy Drones Market Report.” Toy Drones Market - Global Professional Analysis and Forecast to 2026, https://www.globalmarketmonitor.com/reports/466178-toy-drones-market-report.html#:~:text=REPORT%20SUMMARY%20TABLE%20OF%20CONTENTS%20The%20worldwide%20Toy,Growth%20Rate%29%20of%204.7%25%20during%20the%20forecast%20period.