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Mashroo3k Feasibility Studies electronic sector Laundry App

Laundry App

Study application

Mashroo3k Economic Consulting Company offers a comprehensive feasibility study for a laundry app project, facilitating communication between the customer and the laundry in the area they specify.

Capital

Rate of return

Payback period Second year

Why does Mashroo3k provide a laundry app?

Why does Mashroo3k provide a laundry app?

The e-services sector is characterized by continuous and rapid growth, making the online laundry app capable of reaching a large number of customers, in different locations and in a shorter time, by offering pick-up and delivery services and coordinating with laundries in different areas.

The laundry app facilitates communication between laundry management and customers and offers various payment options, whether in cash or via credit cards, remotely.

The laundry app project seeks to meet the needs of a diverse customer segment and increase demand for laundry services through the offers and discounts provided by the app.

Laundry App Services

Laundry App Services

  • Cleaning clothes.
  • Cleaning clothes.
  • Ironing and folding clothes.
  • Select a pickup date and time based on the customer’s convenience and time.
  • Access to multiple locations.
  • Track the order until it arrives.
  • A customer service team is available 24/7.
Why Mashroo3k ?

Why Mashroo3k ?

  • Mashroo3k has over 11 years of experience in preparing feasibility studies, conducting market research, and providing comprehensive consulting services.
  • Mashroo3k has offices in 7 international branches, located in Saudi Arabia, the UAE, Egypt, Qatar, Oman, Yemen, and Iraq, in addition to its agents in China, Singapore, and other countries.
    Having delivered over 7,000 feasibility studies, Mashroo3k has helped thousands of clients achieve their investment goals.
  • Mashroo3k’s services are accredited and trusted by all financial institutions and funding entities across the Middle East.
  • The company’s geographic reach spans 35 countries across all continents.
  • Mashroo3k holds membership in over 100 prestigious international organizations specializing in market research and business management.
  • Its team consists of 350 consultants with deep expertise in promising economic sectors, ensuring tailored solutions and strategies that meet clients’ needs.
  • Mashroo3k is partnered with more than 10,200 suppliers across 22 countries, providing logistical support for projects, including production lines, raw materials, machinery, and equipment.
  • With an extensive database, Mashroo3k enhances the accuracy of its forecasts and analyses, strengthening its risk management capabilities.
  • Project Features
  • Study Contents
  • Sector Indicators
  • The project as an investment opportunity
مؤشرات القطاع
  • Compatible with all Android and iOS phones.
  • The control panel is available in both Arabic and English.
  • The application interfaces are designed in a user-friendly and distinctive style.
  • Easily add or block new customers using their phone number.
  • The ability to receive service fees in cash or through electronic payment (MasterCard or Visa).
  • Receive complaints and respond to customer messages.
  • New services are announced by simply sending mass notifications to customers.
  • Access to customer reviews of each service and the employee who performed it.
  • The ability to chat with customers in writing.
  • Guaranteed against vandalism and hacking, as it is equipped with the strongest protection and security measures.
  • Technical support is available around the clock.

Executive summary

  • About the project
  • Financial indicators
  • Justifications for establishing the project
  • Government investment incentives in the project field
  • Target markets
  • Indicators and final results of the project

Study project services/products

  • Project Description and All Its Products/Services.
  • Project Advantages and Production Requirements.

Market Size Analysis

  • Understanding Distribution Channels.
  • Consumer Behavior, Preferences, and Habits.
  • Competitors’ Products or Services, and Their Strengths and Weaknesses.
  • Market Nature and Characteristics.
  • Demand Size for the Product or Service Offered.
  • Available Market Share of the Target Market.
  • The Optimal Marketing Method.

Risk Assessment

  • Risk Identification.
  • Impact of Risks on the Project.
  • Risk Mitigation Methods

Technical study

  • A detailed description of the project’s products, expected production capacity, and determination of investment costs.
  • Determining the required electricity and water capacity.
  • Determining the project’s labor requirements.
  • Determining the project’s requirements.
  • Calculating construction and building costs.
  • Calculating the total capital
  • Determining the annual operating costs.
  • Determining the amount of working capital.

Financial study

  • Total investment costs required for the project.
  • Organizing cash flow statements, income statements, and the balance sheet for the first ten years of operation.
  • Determine the expected annual revenues of the project in light of the specified operational capacities
  • The optimal financing structure for the project in light of investors’ capabilities and financing conditions.
  • The project’s financial indicators and sensitivity analysis.

Organizational and administrative study

  • Project workforce.
  • Organizational structure.
  • Job responsibilities.
المشروع كفرصة استثمارية

E-commerce Statistics in the GCC Region

  • In 2015, e-commerce contributed 0.4% to the GCC’s total GDP, amounting to $5.3 billion.

  • By 2020, due to the impact of COVID-19 on the global economy, the GCC e-commerce market became one of the fastest-growing in the world, exceeding 35% growth. The market size was estimated at $24 billion, surpassing initial expectations of $21.6 billion.

  • The percentage of households purchasing goods online rose from 2% to over 8%. In comparison, advanced economies like the United States, South Korea, and Germany have 16% to 25% of households shopping online. Projections indicate that the GCC will soon reach global benchmarks.

  • Online shopping platforms saw a 50% increase in web traffic in 2020 compared to 2015, with the number of online shoppers rising from 3 million to 21 million users.

  • E-commerce platforms and mobile shopping apps have tripled in number since 2015.

  • Food and grocery delivery services are among the fastest-growing e-commerce sectors, experiencing 20% growth and reaching a market size of $3 billion in the GCC.

  • Fashion and beauty products represent a major investment opportunity, growing at 18% annually and surpassing a market value of $5 billion.

 
مؤشرات المشروع

  • Global reports predict that e-commerce in the Gulf Cooperation Council (GCC) countries will grow at a faster pace between 2020 and 2022, with a growth rate of 20%, followed by 14% growth until 2025.

    • Without the impact of COVID-19, these rates would have been 14% and 10%, respectively.

  • By 2025, the GCC e-commerce market is expected to reach $50 billion.

  • Millennials represent over 45% of the GCC population, making e-commerce a highly promising sector in the region.

  • 60% of millennials in the GCC shop online.

  • The average time spent by users on popular shopping platforms such as Amazon, Namshi, and Noon has increased:

    • Users now spend 9 to 12 minutes per day browsing these platforms.

    • The number of pages viewed per session ranges between 7 and 8 pages.

 
 

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Laundry App
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