CupCakes Gallore 1 Page Business Plan
Overview
CupCakes Gallore has a clear business objective to develop, produce, promote and distribute Homemade Baking, Cakes, products. These products have been developed over 4 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
CupCakes Gallore 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 .. This is a critical issue for our selected target market of Kids cupcake creation party.
The Value Proposition
CupCakes Gallore is uniquely positioned to deliver value to Kids cupcake creation party. "CupCakes Gallore will I can help make your day by offering a visit to our homemade cupcake bakers challenge for your child's birthday party." In order to be deliver on this value proposition, we .. 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 Homemade Baking, Cakes, market. We consider our key competitors to be: Online cupcake bakers there are many, I have town with my customer base online and promote my business options every day, competitions, charity raffles and proof of this, friends have shared their experiences and have left positive feed back. No one offers a kids cupcake bake shop, no one in Swansea offer this service.. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Online cupcake bakers there are many, I have town with my customer base online and promote my business options every day, competitions, charity raffles and proof of this, friends have shared their experiences and have left positive feed back. No one offers a kids cupcake bake shop, no one in Swansea offer this service. by CupCakes Gallore is completely different to other business due to having unique techniques, Polls to ask of interest, feedback, portfolio of all my bakes..
Key Strategies
Over the next 6 months, our focus will be to Appoint an admin worker to help promote the website to gain stability and growth for more custom to help to profit to be able to move onto a bigger base and shop.. This task will be undertaken in the context of our broader strategy to Keep my home bake methods and bring that into a shop to create new ideas and gain attention, children's bake parties and grow, employ family and a star baker competition every month to win a prize.. 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: Launched new flavours Celebrating over 1,000 online Facebook members Charity Donation Bake Days
About this document
Homemade Baking, Cakes, Business Plan
This document was created by Suzanne of CupCakes Gallore using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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