Content writing for questions to be answered for a loyalty program

Answer the following questions + answer to a document that will be shared with the writer- 1) One line that clearly describes the concept/product/service 2) Team ·   Highlight what will each member of the team do in the venture, and why he/she is best suited for the role ·   Indicate if the person is a co-founder or founding team member or an employee – against each, indicate the % of equity held (currently or planned if not yet distributed) 3) What is the issue / pain point that your product / solution addresses ·       Explain why your customers need your solution ·       Mention what they are currently doing and how your product/service is a better solution 4) Product / Technology Overview ·  Highlight the uniqueness of the product or service or technology and NOT the technical details of list of features of the solution 5) Business model ·       This is about how you will make money from this business opportunity. ·       This is NOT the excel sheet. In simple terms, this is about who will pay how much and to whom for you product 6) What is the size of the market opportunity? ·       Be clear about who and where is going to buy your product/service and how much they would pay for it. ·       Mention the size of the opportunity in the markets you are planning to address (e.g. In India, there are ____ number of Vendors who will buy our service at Rs_____ per year. This translates into a market potential of Rs_____ per year. In year 3, we plan to tap the size of the opportunity there is Rs_______ (No. of products ______ x Price per year_____) ·       This section is NOT about what your plans are, but about what the size of the market is. This section should therefore give a sense about how many customers are there in your target market and at the price that you are selling your product at, what is the revenue potential if all of them were to buy (not that they will, but this is to give an indication of what the size of the market is) 7) Current traction ·       What have you achieved so far – product, customers, revenues, etc. 8) Competitive landscape ·       Who are you currently or in future likely to compete against and what is your plan to win this battle? ·       Explain why this is better than competition (a comparison chart is usually not seen seriously by investors because all presentations tend to show a comparison chart that will be favorable to your solutions/product)