Loose change 1 Page Business Plan
Overview
Loose change has a clear business objective to distribute Gift ware, variety items, party goods products. These products have been developed over 0 months with a core focus on addressing the key customer problem and associated opportunities.
The Business Objectives
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
Loose change 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 Stock prices low. This is a critical issue for our selected target market of All ages & sexes.
The Value Proposition
Loose change is uniquely positioned to deliver value to All ages & sexes. "Loose change will Variety, cheap, one stop shop, last minute gifts, kids party supplies." In order to be deliver on this value proposition, we One stop shop. 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 Gift ware, variety items, party goods market. We consider our key competitors to be: $2 shop, dollar goods, . Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with $2 shop, dollar goods, by Lack of business in this area .
Key Strategies
Over the next 6 months, our focus will be to Competitive prices. This task will be undertaken in the context of our broader strategy to Franchise . 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: Finding a suitable premises Importing stock Sourcing suppliers
About this document
Gift ware, variety items, party goods Business Plan
This document was created by Jenny of Loose change using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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