WorldVapes.com LLC 1 Page Business Plan
Overview
WorldVapes.com LLC has a clear business objective to develop, produce, promote and distribute, electronic cigarettes and peripheral products and services. These products and services have been developed over 1 year with a core focus on addressing the key customer problem and associated opportunities.
The Business Objectives
With a key component of our growth strategy we consider it critical to identify and outline our business objectives, and align these objectives with clear and measurable development milestones. Our key long term business objective is to acquire new customers, and keep those customers coming back, through low cost and great customer service. Customer acquisition is considered to be the critical activity and we are seeking to grow the number of customers. We understand that customer growth could be at the expense of profitability, and that there is a cost associated with customer acquisition. Our long term objective therefore is to build a clear customer acquisition process, while providing maximum profits.
The Customer
WorldVapes.com LLC has been created with a clear focus on the needs of our customers. Through a structured customer discovery process, we have validated key customer problems and set up a first class method of customer feedback to insure great customer service. This is a critical issue for our selected target market of cigarette and e-cig users..
The Value Proposition
WorldVapes.com LLC is uniquely positioned to deliver value to cigarette and e-cig users."WorldVapes.com LLC will provide quality e-cigs and peripherals at a low price." In order to be deliver on this value proposition, we at WorldVapes.com LLC have the knowledge and tools to set up a low cost presence on the Internet, placing it in the top listings on all the major search engines. In addition placing us in all of the local listings. Taking advantage of the booming e-cig market. With our dropship method of inventory, this insures low cost, and were able to undercut the brick and mortar stores. This capability has taken considerable time and resources to develop and forms the cornerstone of our competitive advantage.
Competitors
We have a number of competitors within the electronic cigarettes and peripherals market. We consider our key competitors to be: Brick and mortar and online e-cig stores. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Brick and mortar and online e-cig stores by our knowledge of major search engines(such as Google) algorithms. We are working with great business partners to create a world class website. Also, in marketing, and suppliers.
Key Strategies
Over the next 6 months our focus will be to acquire a massive customer base, via the Internet, providing low cost e-cigs and peripherals. Taking advantage of the booming e-cig market.. This task will be undertaken in the context of our broader strategy to continue aquisation of new customers, while maintaining customer service and satisfaction levels. Keeping profits high and costs low, through a dropship method of inventory. These strategies are a tactical implementation of our overall business goal as outlined above.
Milestones
Measurement of the successful implementation of our strategies will be governed by measurable development milestones. The milestones that will be achieved over the next 2 years are: Launch a world class website. Obtain a massive customer base. Serve that massive customer base by offering world class customer service, making them "RAVING FANS" of WorldVapes.com LLC.
About this document
Electronic cigarettes and periphials Business Plan
This document was created by Jeffery of WorldVapes.com LLC using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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