just-party Favours 1 Page Business Plan
Overview
Just-Party Favours has a clear business objective to develop, produce, promote and distribute Party bags , personalised labels products. These products have been developed over 1 month with a core focus on addressing the key customer problem and associated opportunities.
The Business Objectives
When as 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. 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 is to build a clear customer acquisition process.
The Customer
Just-Party Favours has been created with a clear focus on the needs of our customers. Through a structured customer discovery process, we have validated the key customer problem as To do lots of research regarding what customers want. This is a critical issue for our selected target market of Parents.
The Value Proposition
Just-Party Favours is uniquely positioned to deliver value to Parents. "just-party Favours will To provide a service for every party favour need." In order to be deliver on this value proposition, we Our unique advantages are , up to date and current ideas , and personalisation. 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 Party bags , personalised labels market. We consider our key competitors to be: Ebay sellers and Facebook sellers . Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Ebay sellers and Facebook sellers by We can supply products with personalised details . We can change images to suit the needs if the customer.
Key Strategies
Over the next 6 months our focus will be to Advertise . This task will be undertaken in the context of our broader strategy to Promote new products . 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: Create facebook account Gain 50 customers within the first three months Launch at least three products
About this document
Party bags , personalised labels Business Plan
This document was created by kerry of just-party Favours using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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